As most of the companies in a competitive business arena are looking for analyzers who can help them to reduce the cost, maximize profits, and ensure the sustainability. And the CMA credential is….Prestigious, Professional, Rigorous, Empowering, and Competent.
Institute of Certified Management Accountant (ICMA) which is the certification affiliate of Institute of Management Accountants (IMA)-USA is responsible for developing, administering, and grading the CMA exam; establishing the policies and procedures for the CMA program; and for ensuring the program's overall integrity.
Achieving the CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics-skills that are in demand by organizations around the world.
Professional with a CMA earns over $37,000 more in average total annual compensation.
The total cost of the CMA program is approximately $2500.
|Foundational Competencies||Accounting Competencies||Broad Management Competencies|
|Communication||External Reporting & Analysis||Leadership|
|Quantitative||Planning, Analysis & Control||Ethics & Social Responsibility|
|Analytical Thinking & Problem Solving||Taxation: Compliance & Planning||Governance, Risk & Compliance|
|Interpersonal||Information System||Additional Core Business|
|Technological||Assurance & Internal Control||Strategic Aspects|
|Inter-disciplinary||Professional Values, Ethics & Attitudes||International Implications|
Leading employers-from multinational corporations to private firms, academic institutions, and not-for-profit organizations-seek out CMAs to hire and promote in positions requiring critical accounting and financial management skills.
Today, CMAs hold key positions in a wide range of companies, including 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, Hewlett-Packard, Johnson & Johnson, Procter & Gamble, Verizon, Microsoft, Johnson & Johnson, and Whirlpool…..so on.
Financial Analyst, Financial Risk Manager, Finance Manager, Financial Controller, Cost Accountant, Treasurer, Vice President/President –Finance, Chief Financial Officer
Real Facts from other professional courses in India
|Duration||3-5 Years||4-6 Years||9-15 Months||2 Years|
|Investment||INR 5 to 7 lakhs||INR 7 to 10 lakhs||INR 1.5 to 2 lakhs||INR 8 to 20 lakhs|
|Salary p.m.||INR 25K to 35K||INR 40K to 60K||INR 300K||INR 20K to 40K|
|No. of Paper||16||18||02||23-28|
|Exam||Twice a Year||Twice a Year||Thrice a Year||Semester|
|Nature of Exam||Descriptive||Descriptive||Objective||Objective|
Memorandum of Understanding (MoU) between IMA and ICMAI for mutual recognition, i.e., both the bodies recognize each other's members
Miles CMA Review is the official partner of IMA in India and the pioneer of the CMA coursework in India
Training offered using official IMA-licensed study material published by Wiley www.milescpareview.comwww.milescma.com
Currently spread across 8 cities in India: Bangalore, Chennai - Coimbatore, Delhi NCR, Hyderabad, Kochi, Kolkata, Mumbai, Pune
Memorandum of Understanding (MoU) between "ARA OVERSES EDUCATION" and Miles CMA Review for placing admission, to offer training using official IMA-licensed study material published by Wiley in and around Coimbatore [south Zone tamilnadu]. www.araoverseaseducation.com