Next Batch Starts on 7th September 2024
CMA is
not just a
Certification.
It is the gateway to
global career opportunities.
50% Global
Pass rate
58% salary advantage for
CMAs across the globe
37% salary advantage for CMAs aged between 20 - 29
Become a US Certified Management Accountant
Highest Professional
Certification in Management
Accounting in the USA
Certification awarded
by IMA, USA for
more than 50 years
Focus on Management
Accounting
and
Financial Management
2-part exam covering 12
competencies
Can be completed in
10 to 12 months
Recognized in
more than 100 countries
Why CMA?
US CMA certification course is designed to enhance your career opportunities and growth in accounting or finance Industries.
Close your eyes and touch
any country on the map.
With a CMA, you can take up
an employment there.
Get your CMA and be
Globally recognized
How different is
CMA from other exams
Predominantly objective
in nature
Demands 100% accuracy, unlike Indian exams, which award marks for partial accuracy
Minimum pass score
is 360 out of 500
(on a scaled basis)
Exam curriculum revised periodically to align with the ever-changing world of business
Examination Structure
Each part of the US CMA exam is for 4 hours and is divided into two sections.
The first section comprises of 100 MCQs that has to be answered in 3 hours. This section automatically stops in 3 hours even if the student has not answered the same in full.
The second section comprises of 2 descriptive questions that have to be answered in 1 hour, with about 5-6 sub-questions in each question.
Any surplus time in the MCQ section can be carried forward to the descriptive section.
Online Classes
Challenges vs Benefits
Why FINSPIRE
1. Highly Qualified Team
Our team and faculty include qualified US CMAs, US CPAs, CIAs, CISAs, and Indian CAs with over 75 years of collective global corporate exposure and many years of teaching experience.
2. Scientific Learning Methodology
Our unique learning methodology ensures that a student is fully equipped to face the exam with confidence and perform well.
3. Uworld Wiley Learning Partners
We are authorised learning partners for Uworld Wiley, who are the global leaders in the learning domain for more than 200 years. The Uworld Wiley Software provided enables the student to understand the concepts thoroughly through various deliverables and tests that can be taken. Detailed diagnostic reports can be generated to assess the strengths and weaknesses and take appropriate action.
4. Pass Guarantee
Clear your examination on the first attempt through the FINSPIRE way.
5. Mentoring
Weekly mentoring and discussions on the subject taught in the previous class.
PASS GUARANTEED!
or your money back*
- The student is expected to religiously follow the methodology adopted, and stay committed and focused during the entire journey.
* Subject to conditions
Learn the FINSPIRE Way
The FINSPIRE team offers a guaranteed pass on the first attempt (subject to conditions).
We offer this confidently because of the materials and our learning methodology, where we emphasize interactive learning over simply studying. Our confidence also comes from our years of rich experience in this subject.
Our unique learning methodology includes the following.
- Uworld Wiley Software
We provide CMA learning materials through the Uworld Wiley software, which will help you develop the skills and knowledge you need to succeed.
- Diagnostic Reports
Receive regular diagnostic reports, which explain your performance. Analyze these reports to improve your performance with additional focus on areas where you need improvement.
- Live Online Classes
Live online classes by qualified and experienced faculty with many years of teaching experience.
- Practical Examples
The classes will cover practical examples to help you understand the intricacies of the subject. Receive PowerPoint presentations with rich content, created by the FINSPIRE team.
- Mentoring and Career Guidance
Schedule periodic mentoring on an optional basis with our team to discuss your CMA training and career options. We will handhold you through your journey.
- Student Community Groups
Be a member of our Student Community Group and Doubt Clarification Group on Telegram for clarity through peer and mentor interaction whenever necessary.
Testimonials
Packages
Silver
-
Uworld Wiley e-book
-
Uworld Wiley Video lessons
-
4500+ MCQs for practice
-
70+ descriptive questions for practice
-
750+ Uworld Wiley digital flash cards
-
Examination Planner & Diagnostic Reports
-
Access to recorded video providing guidance for usage of Uworld Wiley Materials
Diamond
-
Uworld Wiley e-book
-
Uworld Wiley Video lessons
-
4500+ MCQs for practice
-
70+ descriptive questions for practice
-
750+ Uworld Wiley digital flash cards
-
Examination Planner & Diagnostic Reports
-
140+ hours of live online classes during weekends
-
24 Online Module Tests covering all 12 modules of both Parts
-
6 Online Mock Exams covering both Parts
-
Membership in a Doubt Clarification Telegram Group
-
Membership in a Student Community Group on Telegram, moderated by Qualified Mentors
-
Access to all presentations provided to students in the class
-
Access to recorded videos on introduction to CMA, Exam Structure, the FINSPIRE methodology of Training and guide for usage of Uworld Wiley materials
Platinum
-
Uworld Wiley e-book
-
Uworld Wiley Video lessons
-
4500+ MCQs for practice
-
70+ descriptive questions for practice
-
750+ Uworld Wiley digital flash cards
-
Examination Planner & Diagnostic Reports
-
140+ hours of live online classes during weekends
-
24 Online Module Tests covering all 12 modules of both Parts
-
6 Online Mock Exams covering both Parts
-
Membership in a Doubt Clarification Telegram Group
-
Membership in a Student Community Group on Telegram, moderated by Qualified Mentors
-
Access to all presentations provided to students in the class
-
Access to recorded videos on introduction to CMA, Exam Structure, the FINSPIRE methodology of Training and guide for usage of Uworld Wiley materials
-
72 hours of live mentoring sessions with a Qualified Mentor covering all 12 modules
Enquire with us
Frequently Asked Questions - CMA (USA)
- CMA (Certified Management Accountant) certification has been the global benchmark for management accountants and Financial professionals. The CMA is an advanced professional certification designed to measure the Management Accounting and Financial Management skills. This is especially relevant for success in a current business environment.
- The US CMA certification is governed and awarded by the IMA (Institute of Management Accountants) in the USA.
- The US CMAs are similar to the Cost Accountants in India.
Thanks to the advent of Internet and Globalization, the entire globe has become one market place. The world has effectively shrunk with the geographical boundaries losing its meaning for doing business. In this changing scenario it is important that a finance professional also is capable of playing the game with the newly defined rules than just the old ones. CMA perfectly fits to this need and is important on account of the following:
- International credibility and recognition
- Strong knowledge base in Management Accounting and Financial Management
- Significant career development opportunities
Yes. Management Accounting and Financial Management skills do not differ majorly on a global perspective. The skill sets of such professionals are in demand all across the globe and India is certainly no exception. Thus, US CMA is and will be one of the most sought-after professional qualifications not only for the Multi-National Companies in India but also for Indian Companies of repute as a qualified US CMA will be able to add a lot of value to them.
Considering the fact that the curriculum is updated every 5 years one can safely presume that what is relevant is what is being learnt and hence the CMA Certification does carry a lot of value not only in India but across the globe.
CMA is perfectly suited for the following categories of candidates: –
- Candidates who have completed their Class 12.
- Candidates who have completed their B. Com or any other degree with or without work experience.
- Candidates who have not been able to clear their CA Intermediate exams or any other professional exams.
- Candidates who have completed their degree and are working in an organization with an ambition to become professional accountants.
One should pursue the CMA immediately after Class 12 for the following reasons:-
- Get an early start to one’s career.
- Become financially independent sooner than your peers do.
- Wider scope to explore one’s skills with global opportunities.
To be eligible for earning the Certification a candidate must fulfill the following requirements:-
- Payment of Entrance fees at the time of registration.
- Payment of yearly membership fee and be an active member of the IMA.
- Passing both parts of the CMA Examination.
- Fulfilling the educational qualification requirements (a degree from an accredited University).
- Complete two continuous years of professional experience in management accounting and/or financial management. This requirement may be completed prior to or within seven years of passing the examination.
- Comply with the IMA Statement of Ethics for Professional Practice.
Eligibility for doing CMA can be divided into two components as under:-
Eligibility for taking up the exams
A pass in Class 12 or equivalent is sufficient to take up the exams. Thus, anyone pursuing any graduation can take up the exams.
Eligibility to earn the certification.
After successfully completing the CMA exams and on fulfilling certain requirements (Ref FAQ No. 6) specified by IMA, one can get the certification and is eligible to officially use the title US CMA after his or her name.
- CMA certification requires completion of the following two parts:
- Part 1 – Financial Planning, Performance and Analytics
- Part 2 – Strategic Financial Management
- Each exam part consists of 100 multiple choice questions and two descriptive type questions.
- The candidate will have 3 hours to complete the MCQs and 1 hour to complete the essay questions.
- The descriptive section opens up upon completion of 3 hours and when a candidate has answered at least 50% of the MCQs right. In case the candidate has not, the descriptive section does not open up and the candidate is declared unsuccessful.
- In case the candidate completes the MCQ section earlier than the allotted time of 3 hours, the unutilized time is carried forward for the descriptive section.
- All scores are expressed as scaled scores ranging from 0 to 500 with the passing score being 360.
The CMA examination consists of 2 parts and the competencies covered along with the weightage for each competency is as under:-
Part-1 – Financial planning, Performance and Analytics
Topics Covered & Weightage
- External Financial Reporting Decisions – 15%
- Planning, Budgeting and Forecasting – 20%
- Performance Management – 20%
- Cost Management – 15%
- Internal Controls – 15%
- Technology and Analytics – 15%
Part-2 – Strategic Financial Management
Topics Covered & Weightage
- Financial Statement Analysis – 20%
- Corporate Finance – 20%
- Decision Analysis – 25%
- Risk Management – 10%
- Investment Decisions – 10%
- Professional Ethics – 15%
- A freshly qualified US CMA professional will be sought after by both MNCs in India and also companies of repute since they know the value-add that a CMA can bring to the table.
- The candidate can expect a placement much higher than what a normal B. Com graduate would be offered.
- It is proven globally as well as in India that a qualified US CMA will be able to add a lot of value to his employer and his career growth will be on the fast track as compared to candidates who only have graduation background.
In addition to the above on account of a distinct possibility of employment in a MNC, the candidate can look for a global position in the years to come based on the performance during his or her career.
We are very confident of the methodology we adopt and materials we provide that we guarantee a student will pass their CMA exams in the first attempt!*