About
CMA
IMA’s Certification for Accountants and Financial Professionals in Business.
The Certified Management Accountants (CMA) is an advanced professional certification specifically designed to measure the critical accounting and financial management skills. This is especially relevant for success in a business environment.
IMA® (Institute of Management Accountants) is the worldwide association of accountants and financial professionals in business. Founded in 1919, IMA is one of the largest and most respected Associations focused exclusively on advancing the management accounting profession committed to empowering our 100,000+ members-and those throughout the rest of the profession-to strengthen on-the-job skills, better manage companies, and accelerate careers. IMA has a recognition in 140 Countries across the globe including India.
CMA Benefits:
- The CMA is the Gold Standard in Management Accounting
- It is arguably the most sought-after Global Management Accounting Certification.
- According to lMA’s Global Salary Survey – CMA certification holders earn 67% more than their non-certified counterparts.
Various industry journals have indicated that 80% of accountants end up in non-public accounting. The management accounting knowledge and skills are in fact more useful for these professionals. Additionally, many dual CPA and CMA holders find the materials covered by the CMA more interesting and practical in their daily work.
The CMA credential is…
- Prestigious – Self-selected credential earned through testing.
- Professional – IMA’s Salary Survey shows strong career growth and greater earning power
- Rigorous – Testing, education, job experience, and continuing education requirements
- Empowering – Promoting your credential allows you to become a leader in your profession.
- Competent – Attests proven on-the-job skills.
CMA Program Structure
The CMA program is designed specifically to validate mastery of the advanced skills required to manage finance functions within an organization, enabling you to deliver value in today’s complex business environment. There are two parts to the CMA exam.
PART1- Financial Planning, Performance and Control
- Planning, budgeting, and forecasting
- Performance management
- Cost management
- Internal controls Professional ethics
PART 2 – Financial Decision Making
- Financial statement analysis
- Corporate finance
- Decision analysis and risk management
- Investment decisions
- Professional ethics
Career Options
CMA’s are required in all areas of the business world. The qualification improves their chances to move across business as well.
- Finance Manager
- Financial Analyst
- Financial Risk Manager
- Financial Controller
- Cost Accountant
- Cost Manager
- Relationship Manager
Contact Surana College Peenya for more details on B.Com with CMA-US programme.