Can I do US CMA after the 12th?
If you have a dream of working abroad and looking for global professional certification, US CMA is the perfect choice for you. Knowing about US CMA course and US CMA course details helps you a lot for a vibrant career
What is US CMA?
US CMA stands for United States Certified Management Accountant. It is a professional certification credential in the fields of management accounting and financial management. The Institute of management accountants, USA offers CMA certification
US CMA after 12th:
- In India, qualification of the 12th standard is required to appear for the CMA USA exams. Even though students with 12th standard can appear for the US CMA examination following criteria need to be met to obtain CMA certification.
- Passing of CMA examinations.
- Bachelor’s degree or equivalent education from an accredited college or university.
- Two continuous years of relevant experience.
- 30 hours of CPE credits that includes 2 hours of ethics.
- Active IMA membership.
To appear for US CMA exams | To obtain US CMA certification |
Qualification of 12th standard in India | Passing of CMA examinationBachelor’s degree or equivalent educationRelevant experience for two continuous years30 hours of CPE credits that include 2 hours of ethics Active membership in IMA |
Benefits of attaining US CMA certification:
Mentioned below are some of the benefits of attaining US CMA certification:
- Global qualification and international recognition
CMA certification is globally recognized, and you can find abundant opportunities in western, European, and many other countries.
- Opportunities to develop
CMA certification is known to be the best accounting certification for management as it has the perfect blend of business and accounting, so it provides various opportunities to develop. Candidates without CMA certification may be confined to a certain level in growing professionally, but candidates with CMA certification Lay a foundation for perennial Improvement and Advancement in their Careers.
- More salary
Candidates with CMA certification receive more salary when compared to candidates without CMA certification. According to recent studies, it was found that CMA certification holders earn up to 67% more than other candidates having just a degree. This is due to the fact that CMA-certified candidates, after gaining experience, move up into management faster.
Career opportunities after US CMA certification:
US CMA certification enables you to find opportunities in the domestic and international markets. It helps you to possess the skills of the critical accounting and financial management. As a US CMA certification holder, you are expected to following job roles:
- Financial Analyst
- Financial Risk Manager
- Financial Manager
- Cost Manager
- Cost Accountant
- Tax Analyst
- Chief Financial Officer
US CMA exam pattern:
There are two parts in the US CMA exam:CMA exams have two parts
Part:1 – Financial Planning, Performance, and Analytics
Part: 2 – Strategic Financial Management
Let’s move right into knowing the complete details about US CMA exam:
Parameter | Part-1 | Part-2 |
Subjects | Financial Planning, Performance, and Analytics | Strategic Financial Management |
Duration of exam | 4hrs | 4hrs |
MCQs (Multiple Choice Questions) | 100 | 100 |
Essay questions | 2 | 2 |
Duration for MCQs | 3hrs | 3hrs |
Duration for essay questions | 1hr | 1hr |
Minimum score to pass | 360 | 360 |
- You need to answer not less than 50% of your MCQs to open up the essay question portion of the exam.
- As per the guidelines of IMA, the US CMA certificate can be completed in a minimum of 6 months to 3 years.
To pass the CMA exam, you need proper planning, preparation, dedication, and guidance. You can get the best possible preparation and guidance through HI-EDUCARE. It provides both classroom and online instructions.