US-CMA

About Us-CMA

CMA is an US certification for Cost & Management Accountant Professional.This certification is good for those who would like to work for MNC or move abroad.  Has great scope…ICMA® (Institute of Certified Management Accountants) is the certification affiliate of IMA.

The Certified Management Accountant (CMA) designation is a highly respected credential awarded by the Institute of Management Accountants (IMA) which is a US-based worldwide association for accountants and financial professionals working in business. The CMA designation provides an objective measure of an individual’s knowledge and competence in the field of management accounting and financial management. CMAs have extensive career opportunities with MNCs in India and across the world.

* To qualify for the Student membership, individuals must be enrolled in at least six (6) undergraduate or graduate credit hours, or the equivalent, per semester.
* Student membership can be held for a maximum of six (6) years.

 

        Part One:Financial Reporting, Planning,    Performance, and Control

  • External Financial Reporting Decisions(15%)
  • Planning, Budgeting and Forecasting(30%)
  • Performance Management(20%)
  • Cost Management (20%)
  • Internal Controls(15%)

      Part Two:Financial Decision Making

  • Financial Statement Analysis(25%)
  • Corporate Finance(20%)
  • Decision Analysis (20%)
  • Risk Management(10%)
  • Investment Decisions (15%)
  • Professional Ethics(10%)

       Exam Structure

  •    The CMA exam is organized into two parts, which can be taken in any order.
  •    Each exam part is four hours in length and includes 100 multiple-choice questions and two 30-minute essay  questions

      Duration – 4 hours

     Marks – 500 (passing percentage 72%)

    Question pattern – 3 hours for 100 multiple choice question (weightage   75%) and 1 hour for 2 essay type question 30 minute each (weightage 25%)

CMA@ Exam Testing

  • Exam administered at Proctored computer testing facilities across India
  • Three exam testing windows offered each year• January and February
    • May and June
    • September and October
  • Candidates can schedule exams at their own pace
    • Part 1 and Part 2 can be taken in any order
    • CMA can be earned in 12 months or over a three-year period
    • Candidate must register for an exam part within the first 12 months of entering the program

About Avon

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FAQs

  • Hold an active IMA membership
  • Complete and pass Parts 1 and 2 of the CMA Exam.
  • Hold a bachelor’s degree from an accredited college/university or a related professional certification(For details, please refer to the Education Qualification Section of the CMA Handbook.)
  • Abide by IMA’s Statement of Ethical Professional Practice.
  • Have two continuous years of professional experience in management accounting or financial management. (Please refer to the Experience Qualification section of the CMA Handbook.)

Yes!! You can register on  imaonlinestore.  Avon Academy will assist students in Registration in membership and examinations.

Post US CMA Enrollment and preparation your are ready to sit for the exam, The steps are :

  • Complete online Registration Form and pay the relevant exam fees.
  • Receive an acknowledgment of your registration containing authorization number(s), testing window(s), and the Instructions for Candidates
  • Then on prometric(Our testing partner) site schedule your exam .
  • On submission your will receive an email will automatically confirming your selection of exam, location and time.
  • Appear for your scheduled exam appointment(s) with the required identification documents.

Kindly visit Avon Academy for US-CMA Program. Avon Academy will assist you with IMA Registration and

Membership fee payment.

IN INDIA:

The average salary of a newly Qualified CMA with no experience will vary from RS.3.5 lakh to 4 Lakh p.a. However, If one have Corporate skills and good Academic knowledge, he may get up to RS.6 lakh p.a.

IN ABROAD:

The average salary can IMA member earn US$29K .

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