US CMA Course Full Details 2021 | CMA Course Syllabus, Exam Pattern & Salary in India | Simandhar Education

 



US CMA Course in India

In this globalized era, many companies and organizations require CMAs specializing in value creation and business strategy. Over the years, the significance of CMA has been rising fabulously. It is because of the economic growth in India and large foreign business markets. One of the greatest advantages of having US CMA certification is it will open many prospects for Indian candidates. After completing the US CMA course, one can work as a Finance Manager, Financial Analyst, Financial Controller, Internal Auditor, Relationship Manager, Cost Manager, Chief Financial Officer (CFO), and Cost Accountant.

US CMA Course Syllabus:

There are two parts in the US CMA exam.

Part:1 — Financial planning, Analytics, and Performance

Part:2 — Strategic Financial Management

The US CMA course syllabus includes:

CMA Exam part-1:

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

CMA Exam part-2

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

It takes a minimum 6 months to complete the US CMA course. IMA provides a US CMA course duration of maximum 3 years.

CMA Salary in India:

As the highest management accounting credential, the US CMAs are sought after as their scope spans across different levels in a company. Being in demand, the US CMAs are in an advantageous position as regards the salaries they can command.

In India, the average salary of a CMA (USA) is ₹ 808,216


Benefits of US CMA Certification:

Here are some of the advantages of having a US CMA certification:

1. Business Approval: US CMA certification is considered as one of the best accounting certifications for management as it has a good amalgamation of accounting and business. In US CMA, you can learn all about business aspects, accounting concepts and corporate governance. Which is why candidates with a US CMA certification are often recruited for business decision making roles.

2. Career Opportunities: US CMA brings multiple career opportunities. US CMA candidates can definitely get better higher-leveled positions as a fresher & also get more opportunities to move up the ladder in comparison with Non US CMA peers. You would be managing the accounts being a US CMA, so you can achieve a higher position in the management  as well. 

3. Financial Growth: US CMA certification holders earn 67% more than candidates having just a bachelor’s degree. Also, they can be a part of the management team with good experience. Having a US CMA certification makes you eligible for good pay. The average annual salary of a US CMA in India would be around $10,687 in US, and 8 lakhs INR in India according to payscale.com.

4. Global Opportunities: US CMA certification gives you a better understanding of finance, business and accounts. US CMA holders get job opportunities all over the world. They are recognized at a global level. If you have a dream of working abroad, pursuing US CMA is the best choice.

Comments

Post a Comment

Popular posts from this blog

CMA Course Benefits and Exam Requirements | CMA Course Fees & Syllabus | Simandhar Education

Image
Certified Management Accountant (CMA) is the highest level of certification in management accounting awarded by the Institute of Management Accountants (IMA), USA. The US CMA Course is globally recognized, advanced-level credential appropriate for accountants and financial professionals in the business. CMA Course Duration: Depending on the aspirant’s plan and study schedule US CMA certificate can be completed in a minimum of 6 months to 3 years. As per the guidelines of IMA, an aspirant is required to complete the exams within 3 years from the date of registration. US CMA Testing Windows: IMA conducts US CMA exams in three testing windows every year in India and all over the world. The testing windows are as below. January – February May – June September – October US CMA vs Indian CMA US CMA Course Fee US CMA Course fee varies with the status of the aspirant, any aspirant not a pursuing student of any course is considered as a professional. Following are the different fees involved ...
Read more

CMA Job Opportunities and Career Paths | What do CMAs do?

Image
Career Opportunities after completing US CMA Certification We’ve already established that US CMA certification is one of the most sought-after credentials in the world. CMA experts have a prosperous career path and several prospects in many reputable multinational corporations around the globe. Most multinational corporations in India are eager to hire CMAs for corporate finance positions. Let us walk you through the possibilities available to you as a CMA professional. Finance Manager : You will be in charge of making all operational decisions as a Finance Manager. As a finance manager, you’ll be responsible for forecasting and budgeting, among other things. You should have a thorough understanding and knowledge of the finance industry after earning your management accounting certification. To deal with clients and upper management, you also need to be a skilled communicator. Financial Analyst : The job description is self-explanatory. This position necessitates the accurate tracking...
Read more

CPA | US CPA Course | CPA Certification | CPA India | Simandhar Education

Image
Full form of CPA (Certified Public Accountant): Full form of CPA is (Certified Public Accountant) is a designation given by AICPA to the individuals who have passed the Uniform CPA exam, met the required and relevant experience. The CPA designation enforces high professional standards in the field of accounting. What is CPA? CPA (Certified Public Accountant) is a designation given by AICPA to the individuals who have passed the Uniform CPA exam, met the required and relevant experience. The CPA designation enforces high professional standards in the field of accounting. CPA Course Eligibility: To appear for the CPA exam, the candidate must have any of the following qualifications. Member of the “Institute of Costs & Works Accountants in India.” Member of the “Institute of Chartered Accountants of India.” Member of the “Company Secretaries in India.” MBAs. Master of Commerce. B.com graduates, pursuing Masters. CPA USA Duration : 9-12 months with exams conducted every month. Time lim...
Read more