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Resolve to be a US CMA in 2022.

Pass 2 exams in 12 months.

BE A FUTURE-PROOF FINANCE PROFESSIONAL

CMA (Certified Management Accountant) is a globally recognized management accounting credential offered by IMA (Institute of Management Accountants), US.

The CMA certification has been the global benchmark for management accountants and financial professionals. Why? Because CMAs can explain the "why" behind numbers, not just the "what." And that can give you greater credibility, higher earning potential, and ultimately a seat at the leadership table.

With academic content organized over just 2 exam parts and the goal achievable over less than 9 months, the CMA designation offers an extensive value proposition:

International Credibility

International Credibility

Strong Knowledge Base in Finance & Accounting

Strong Knowledge Base in Finance & Accounting

Significant career progression opportunitye

Significant career progression opportunity

Leadership skills, International perspective, Elite professional

Other benefits: Leadership skills, International perspective, Elite professional

USPs

Academic Advantage

Academic Advantage (2 parts, single-level exam, 75% MCQs)

Computerized Online exams

Convenience (computerized online exams, exams held over 6 months every year)

Short Course Duration

Short Course duration (can be completed within 9 months)

CMA @F&A roles = “Value Creation”

Value Creation

Management Accountants help create value, rather than simply measuring it!

Be a “future-proof” finance professional!

CMA helps you to be “future-proof” as you will increasingly be expected to provide “insight” and “foresight”.
Analytics is tested on the CMA exams starting 2020.

Insight and Foresight
Gartner Analytic Ascendancy Model

Source: Gartner Inc., as published in Strategic Finance, Tech Practices.

IMA-MILES PARTNERSHIP


8 SUCCESSFUL YEARS

of building
the CMA ecosystem in India

Platinum CMA Course Provider

Miles Education has been instrumental in creating the eco-system for CMA in India:

Demand for CMAs

DEMAND

for CMAs from corporates (for hiring & L&D)

Supply for CMAs

SUPPLY

of CMAs for B2C (training at 70+ universities & autonomous colleges)

We are partnered with 220 + MNCs - including the Big 4, for training and placements.

BIG 4 & PUBLIC ACCOUNTING FIRMS

Big 4 & Public Accounting Firms

F&A CONSULTING

F & A Consulting

FINANCIAL SERVICES

Financial Services

OTHERS (Includes Global Fortune 500)

Others and Global Fortune 500

ROAD TO CMA: 2 EXAMS = 2 MILESTONES


The 2-part CMA exams cover a broad-base of topics – all a Management Accountant or Financial Analyst needs to know! Students would need approximately. 400 hours to prepare for the exams. Exams are conducted across 3 exam testing windows: Jan-Feb, May-June, Sep-Oct (6 months/year) at Prometric centers around the world. Exam passing score is 360 out of 500 for each part. Exam pass rates of over 40%.

Part One

Financial Planning, Performance, and Analytics

  • External Financial Reporting Decisions
  • Planning Budgeting, and Forecasting
  • Performance Management
  • Cost Management
  • Internal Controls
  • Technology and Analytics

Part Two

Strategic Financial Management

  • Financial Statement Analysis
  • Corporate Finance
  • Decision Analysis
  • Risk Management
  • Investment Decisions
  • Professional Ethics

Why Only 2-4 exams for
US CPA/CMA certifications?

  • US professional qualifications “complement” university education – e.g., to be a CMA, CPA or CFA, a university degree is mandatory
  • Therefore, these are crisper in content and focus only on skill-gaps that are needed to be a F&A professional
  • Designed to be pursued alongside a full-time job and to facilitate the career progression for professionals
Why Only 2-4 exams for US CPA/CMA certifications ?
  • Various non-US professional qualifications tend to “substitute” university education – e.g., you can be a CA in many countries without any university education
  • Therefore, these are lengthy and also encompass what a candidate would have covered (or simultaneously covers) in a university degree

THE CMA CERTIFICATE

Earn the letters "CMA" to showcase after your name!

The CMA Certificate
  • Professionals with 2+ years of experience only need to clear the 2-part CMA exams to earn the CMA designation.
  • IMA also has a student membership category whereby students can clear the 2-part CMA exams along with their graduaion; and later, meet the other requirements for the CMA certificate.
    Given the provision, many student clear the CMA exams even before they graduate and get elligible for differential placements with MNCs given their status as IMA members who have cleared the CMA exams.

To Obtain The CMA Certificate,
Candidates Need To Fulfill The Following Criteria:

Examination:
Clear Part 1 & Part 2 of the CMA exams

Note: The education requirement may be completed prior to or within 7 years of passing the examination. This implies that students who are pursuing their bachelors are eligible to take the CMA exams

Education:
Qualification - Bachelor's degree


Experience:
2 years of professional experience in accounting or finance

Note: The experience requirement may be completed prior to or within 7 years of passing the examination.

CMA CAREER PROGRESSION

CMA JOB OPPORTUNITIES WITH MNCs GLOBALLY

Accounting and finance professionals

Accounting and finance professionals at all levels who want to excel at their jobs or expand their career potential

Accountants and Financial Decision Makers

Accountants and Financial Decision Makers who want to obtain an advanced professional certification specifically designed to measure the accounting and financial management skills that drive Business Performance.

Financial planning

Those who focus specifically on financial planning, analysis, control, and decision support, as well as professional ethics.

Upskill in critical accounting and financial skills

Those who are looking to upskill themselves in critical accounting and financial skills needed for today’s complex & changing business environment.

CMA Career Progression

Professionals who want to differentiate themselves

Accounting experts who need more finance skills

Finance experts who need more accounting skills

MNCs (Global Fortune 500 companies and Big 4) sponsor the CPA/CMA program including the Miles study materials and training fees for their professionals. This reflects the industry demand for CPA/CMA as well as Miles credibility for CPA/CMA training.

Resolve to be a
US CMA in 2022.

Pass both the exams in 12 months.

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