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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:
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"
Source: Gartner Inc.
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.
Miles Corporate Tie-Up For CPA/CMA Training:
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%.
Why only 2 exams on CMA versus 13-20 exams on global public accounting qualifications?
To Obtain The CMA Certificate, Candidates Need To Fulfill The Following Criteria:
CMA Career Progression
CMA Job Opportunities with MNCs globally
The CMA Is For:
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.