Certified Management Accountant (CMA) is a globally recognized credential offered by the Institute of Management Accountants USA, which equips you with all the essential skills and competencies required for sustaining and growing in a rapidly changing professional environment of the 21st century. IMA® (Institute of Management Accountants) is one of the largest and most respected associations focused exclusively on advancing the management accounting profession.
With a network of more than 100,000+ members the CMA certification will allow you to expand your professional skills, better manage your organization, and enhance your career. For nearly 50 years, the CMA® (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals.
Why CMA
The CMA qualification will help candidates acquire expertise in decision support planning, data analysis, and critical thinking allow advance through the strategic roles in accounting and finance in today’s transforming business environment where skills required by a management accountant are constantly evolving. CMA’s earn 55% more median total compensation in comparison to Non-CMA's as per the IMA Global survey.
Eligibility
The CMA qualification is open to anyone holding a Bachelor’s degree from an accredited college or a related professional qualification.
Qualification Structure
-
Part 1: Financial planning, performance and Analytics.
-
per -
External Financial Reporting Decisions
-
Planning Budgeting and Forecasting
-
Performance Management
-
Cost Management
-
Internal Controls
-
Technology and Analytics
-
Part 2: Strategic Financial Management
-
per -
Financial Statement Analysis
-
Corporate Finance
-
Decision Analysis
-
Risk Management
-
Investment Decisions
-
Professional Ethics
For further details on qualification structure and exams you will need to complete to work towards CMA membership
Fees & Costs
Students registering need to pay a CMA entrance fee and exam fee for each part directly to Institute of Management Accountants (IMA).
Besides this for courses taken, a fee is payable to Phoenix Financial Training. Option to avail a free resit (subject to fulfilling relevant conditions), package payment schemes and student scholarship are also made available for the benefit of students.
