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 designation achievable over less than 9 months, the CMA designation offers an extensive value proposition:
Strong Knowledge Base in Finance & Accounting
Significant career progression opportunity
Other benefits: Leadership skills, International perspective, Elite professional
Academic Advantage (2 parts, single-level exam, 75% MCQs)
Convenience (computerized online exams, exams held over 6 months every year)
Short Course duration (can be completed within 9 months)
Management Accountants help create value, rather than simply measuring it!
CMA helps you to be “future-proof” as you will increasingly be expected to provide “insight” and “foresight”.
Analytics tested on the CMA exams starting 2020.
Source: Gartner Inc., as published in Strategic Finance, Tech Practices.
the CMA ecosystem in India
Miles Education has been instrumental in creating the eco-system for CMA in India:
for CMAs from corporates (for hiring & L&D)
of CMAs for B2C (training at 70+ universities & autonomous colleges)
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%.
Financial Planning, Performance, and Analytics
Strategic Financial Management
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
Note: The experience requirement may be completed prior to or within 7 years of passing the examination.
Accounting and finance professionals at all levels who want to excel at their jobs or expand their career potential
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.
Those who focus specifically on financial planning, analysis, control, and decision support, as well as professional ethics.
Those who are looking to upskill themselves in critical accounting and financial skills needed for today’s complex & changing business environment.
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 all the 2 exams in 6-9 months.
Inquire @Miles Whatsapp