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15% External Financial Reporting Decisions
The section includes the basics of accounting like financial statements, understanding the elements of financial statements, revenue recognition, etc. It contains Balance sheets, Income statements, Statement of changes in equity, Statement of cash flows, Recognition, measurement, valuation, disclosure, Valuation of assets, Valuation of liabilities, Accounting for income taxes and leases, & Expenses and revenue recognition etc.
20% Planning, Budgeting, and Forecasting
This section assesses a candidate's ability to combine accounting concepts with practical financial skills.This is where you will demonstrate the high-level strategy skills of Certified Management Accountants.
20% Performance Management
This section covers three main areas: Flexible budgets, Transfer pricing methods, Balanced scorecard, Standard costing, and Variance analysis. It brings together many principles that enable good people management practice, including learning and development, performance measurement, and organizational development
15% Cost Management
This section covers accounting and operational aspects of business, such as: costing, overhead, and supply chain. Life cycle costing, Target costing, Kaizen costing, Value analysis and value engineering, Throughput costing, Business process re-engineering, Lean accounting, & Socio economic costing, etc. topics are included in this section.
15% Internal Controls
The procedures for internal controls are subject to legislation.This section contains Governance, risk, and compliance & system controls and security measures.
15% Technology and Analytics
It deals with high level topics like how to use information systems, how to manage data, and how to automate financial tasks. The topics include Information systems, Date governance, Technology-Enabled Finance Transformation & Data Analysis.
20% Financial Statement Analysis
The topics include Basic financial statement analysis, Financial ratios, Profitability analysis & Special issues. You will need to calculate and understand the uses of the current ratio, the quick (acid-test) ratio, the cash ratio, the cash flow ratio, and the net working capital ratio
20% Corporate Finance
25% Decision Analysis
10% Risk Management
10% Investment Decisions
15% Professional Ethics
CMA USA is a globally recognized certification that enhances your financial and management accounting skills.
It provides better job prospects in top industries and organizations, higher earning potential, and opens doors
to leadership roles. With a focus on real-world business and finance,
it offers a strong career advantage compared to other qualifications.
At Elance, we bring a faculty pool with 8+ years of experience, combining in-depth knowledge with
real-world insights to prepare you for success in CMA USA. Our focus doesn’t stop at exams—we provide dedicated placement
assistance to help you build a successful career. With Elance, your future in CMA USA is in expert hands.
To become a CMA, you need to complete the CMA USA course, which includes passing two exams
focused on financial planning, analysis, and decision-making. You’ll also need a bachelor’s degree or equivalent
and two years of professional experience in management accounting or financial management.
The CMA USA course duration is flexible and depends on your preparation. Most students complete it within 6 months to 3 years.
With focused study and proper planning, the two-part CMA exam can be cleared in under a year.
CMA USA is considered less time-consuming and more practical compared to CA, as it focuses on management accounting and decision-making. CA, on the other hand, is broader and includes extensive topics like auditing and law. While both are challenging, the difficulty depends on your strengths and career goals.
The CMA salary in India ranges from ₹4 to ₹20 lakhs per year, depending on the role and organization.
Globally, CMA professionals earn even higher salaries, making it a lucrative career option.
The certification opens up diverse CMA jobs in finance, analysis, and management.
The CMA USA syllabus is divided into two parts:
Part 1 – Financial Planning, Performance, and Analytics
Part 2 – Strategic Financial Management
It covers topics like budgeting, performance evaluation, risk management, and decision analysis. Understanding the CMA syllabus thoroughly is key to exam success.
The first step towards earning your CMA USA credential is to register with the Institute of Management Accountants (IMA), the official body that administers the CMA certification.
Students who have successfully completed their 12th grade (higher secondary education) are eligible to enroll in the CMA USA program.
Yes, the CMA USA course is flexible and can be pursued either full-time or part-time based on your schedule and preference.
Absolutely! You can take up CMA USA after your B.Com or even alongside your B.Com studies for a head start in your career.
CMA USA certification significantly boosts your professional value in the global job market. It enhances your credibility and opens doors to career opportunities in top-tier multinational companies.
Yes. As per the IMA 2023 Salary Survey, CMAs earn a median salary that is 21% higher than those without the certification, making it a strong catalyst for career progression.
Networking is essential. Engaging with the CMA community, attending industry events, and connecting with professionals in the field can greatly enhance your job prospects and open up new career pathways.
Leading global organizations like EY, PwC, KPMG, Deloitte, UBS, Morgan Stanley, J.P. Morgan, Citibank, Amazon, Capgemini, Accenture, and others actively hire CMA USA-certified candidates, offering excellent packages across various industries.
At Elance, we offer dedicated Interview Preparation Support. Our expert mentors guide you on effective communication, answering interview questions with confidence, using appropriate body language, and handling challenging interview scenarios.
Elance stands out for its expert faculty, personalized learning approach, and strong success record in guiding CMA USA aspirants towards global career goals.
Yes! Elance offers flexible learning options — choose from offline, online, or hybrid modes to suit your lifestyle and learning preferences.
While there are no strict prerequisites, you must meet the basic eligibility criteria set by the IMA. Elance provides guidance and support for students at all academic levels.
Classes are offered both in-person and online, giving you the flexibility to learn at your convenience while maintaining the quality of instruction.
Elance provides complete support including updated study materials, mock exams, doubt-solving sessions, and one-on-one guidance from industry-expert mentors.
Absolutely! Elance allows rolling admissions, so you can start your CMA USA journey any time during the year.
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