Why CMA    |    CMA Career    |    Exam Structure   |    Exam  Offering & Fees    |    Why Aurus Education    |     Testimonials
Become a US Certified Management Accountant (CMA) in 6 months

Only 2 exams, MCQ based, High Pass Rate
Learn from Certified Experienced Trainers at your Ease

Take Charge of your success 

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Why CMA?

"Globally, CMAs earn 61% more than their noncertified peers."  IMA Salary Survey, March 2016
 

CMA  is a global professional qualification awareded by the Institute of Management Accountants (IMA), a US-based worldwide association of accountants and financial professionals in business. It is the highest level of certification in Management Accounting.

For More than 40 Years, the CMA (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals. CMAs have demonstrated a mastery of the critical accounting and financial management skills needed in today's rapidly changing business environment. CMA certification gives you greater credibility, higher earning potential, and ultimately a seat at the leadership table. 

Career Potential

  • Opens a host of career opportunities for you.

  • Works in diverse job functions - financial statement analysis, budgeting, cost control, risk management, product pricing, forecasting, raising capital, prevention of frauds and errors and investment appraisal. 

  • Extensive Opprtunties with MNCs

  • ​Globally, CMAs of all ages earn more than non CMAs

Global Recognition and International Credibility

  • Global Qualification - Opens door to international employers

  • Top employers such as 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, ConAgra, Hewlett-Packard, Johnson & Johnson, Microsoft, Procter & Gamble, Saudi Aramco, Verizon, and Xerox employ and promote CMAs.

Short Duration -
Become CMA in 6 Months

  • Only 2 exams, requires about 400hrs of study

  • High Pass Rates: Part 1 - 35% & Part 2 - 50%

  • Flexibility: Multiple Test windows: 6 months every year

To Earn the CMA, you will need to meet the following requirements


 Bachelor's degree or professional accounting certification required
 2 years of work experience required in management accounting or financial management
 Successful completion of parts 1 and 2 of the exam

CMA Career Pathway: What is Management Accounting?

Management accounting is a profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organization’s strategy.

Nearly 75% of financial professionals work in business as management accountants: financial analysts, accounting managers, controllers and chief financial officers. Management accounting professionals can influence the decision-making process and business strategy, making a real impact on the future of their organizations.
 

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Why you should prepare for CMA US?

CMA US vs CA (ICAI) or CMA (ICWAI) - Which one is better?

 

Indian CA (ICAI) or CMA (ICWAI)

CMA US

Recognition

ICWAI or ICAI offers rigorous programs but the certification is not much recognized outside of India.

Get Global recognition, Certification by IMA US

Number of Papers/levels

18 Papers with 3 Levels

Only 2 papers with single level

Testing Windows

Only 2 attempts/year, makes it much longer process

Multiple testing windows in a year: held over 6 month/year
Testing Centers located throughout the world

Time Required to get certification

On an average a student takes 5-7 years to get pass ICWAI or CA exam

Can be completed within 6 months

Pass Rate

Low Pass Rate (8%-12%)

High Pass Rate : 30%-50%

Exam and Training Cost Rs. 160K Rs. 150-175k

MoU between ICWAI (India) and IMA (US)

The Institute of Cost and Works Accountants of India (ICWAI) has entered into a Memorandum of Understanding (MoU) with the Institute of Management Accountants (IMA), USA to enable mutual recognition and cooperation between the two institutes to develop the profession of Management Accountancy.

The MoU will enable recognition of the professional qualification of the respective Institutes. A member of ICWAI can get enrolled as a member of IMA USA and vice versa. 

Course Structure

Only 2 Exam Parts covering 11 Competencies

Part #1
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 #2
Financial Decision Making

 

Financial Statement Analysis

25%

Corporate Finance

20%

Decision Analysis

20%

Risk Management

10%

Investment Decisions

15%

Professional Ethics

10%



 

Testing Windows

  • Flexibility to take the exam on any weekday within the 3 testing windows

  • ​Testing Windows: January/February, May/June, September/October

Exam Format

  • A 2-parts computerized based exam, offered at Prometric Testing Centers located throughout the world

  • Each part is 4hrs long and contains 100 MCQs and two 30-minutes essay questions. No Negative marking

  • 3 hours to complete the multiple choice section and one hour to complete the essays.

  • Take Part 1 and Part 2 in any order

Note: You must answer at least 50% of the multiple-choice questions correctly to be eligible to take the essay section.

Get Started Today
Enroll in CMA certification Program now and enhance your career
3 Easy steps to get started with your preparation for the CMA Certification

Start Your Preparation using Aurus Training Program or through self Study

Enroll in the CMA Program
Pay Membership fee and Entrance Fee
Click Here to Register with IMA body

Register for the Exam
File exam registration form and pay the exam fees. Schedule your exam with Prometric

Aurus Education CMA Training Program

Aurus Education, one of the largest training provider for Banking and Financial Services certifications/qualifications, offers training programs to prepare students & Professionals for CMA Exam. Our training methodology contains the right blend of theory and practice and are design to increase learning and chances of success.


Aurus Assurance - Study with us for free if you donot pass*

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Instructer-led Live Online Traning Classes

For each Part, 50 hours of Virtual Live training spread over 8 Weekends by our CMA and Industry expert
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High Quality Video Lectures

50 hrs for each exam part available 24*7
Self-paced learning, Allows you to study at your own pace and on your own schedule
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24*7 Access

Access to materials and videos.  Access to our Q&A forum to address all your queries till your pass the exam
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Study Material

Notes  and Powerpoint available for anytime access
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Aurus Assurance

Get Access to Recorded class and study Material till you pass the exam.
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Support and Counselling

Career counselling and support till exam
Advisory support in IMA registration, exam application and certification process
Aurus Education - CMA Training & Support Fees
 

 

Fees

Both Part 1 & 2 

INR 40,000 ($572)

 IMA Fees (Payable to IMA)
 

 

Students

Professionals

IMA Membership Fees

$39

$235
CMA Certification Entrance Fees $188 $250

CMA Exam Fees for Part 1 & 2

$622

$830

Total Fees

$849
(Rs. 59,430)
$1,315
(Rs. 92,050)

Our Students get special concession on Membership and Entrance Fees. Call us on  +91-11-30018110 to know more
Live Lectures Schedule
 
May/June 2017 Testing Window
 
  Duration Start Date End Date
Part 1 13 Weeks (Every Saturday) 4th Feb 2017 29th April 2017
Part 2 13 Weeks (Every Sunday) 5th Feb 2017 30th April 2017

May/June 2017 Testing Window
 
  Duration Start Date End Date
Part 1 13 Weeks (Every Saturday) 3rd Jun 2017 26th Aug 2017
Part 2 13 Weeks (Every Sunday) 4th Jun 2017 27th Aug 2017

WHY Aurus Education?

World-class mentoring by Qualified Professionals (CMA and CPA) and Industry experts. Become a Global Management Accountant while studying online.

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Qualified Trainers and Industry experts with over 10 Years of CMA teaching experience

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Aurus Assurance - Study with us for free if you donot pass*
 
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Comprehensive exam preparation
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Cost effective
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Study at your own pace, at your own place
 
What our students are saying about us

"Good explanation of concepts and topic. Problem solving during the lectures really helped me to understand the course better."

Sameer
CMA Part-1,Sept 2016

"The course delivery, the trainers, course material everything was excellent. Thanks Aurus!"

Ritu
CMA Part 2, Jun 2016

Contact Us

Aurus Education

B-109, Sector 5, Noida
UP 201301
India

For more information email us on

cma@auruseducation.com or call us on +91-9986029545

© 2016-2018 - Aurus Education. All Rights Reserved. The certification names are the trademarks of their respective owners.