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CMA courses chennai

CMA –USA


The IMA is the leading professional organization devoted exclusively to management accounting and financial management. As set forth in its mission and vision statements, its goals are to help members develop both personally and professionally, by means of education, certification, and association with other business professionals.
IIKM also has a tie up for IMA’s Certification for Accountants and Financial professionals in Business. 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. Both the institutes will develop the profession of management accountancy for the benefit of their members and students.

  • Compact (2 papers), Industry relevant syllabus.
  • Online Exam Facility in any metro city
  • International Brand Value
  • Officially Equivalent to ICWA (MOU signed)
  • Huge job opportunities in India & abroad.
  • CMA is a pretty affordable an exam
  • Classroom Coaching / Distance mode
  • Online live video coaching using WEBEX is available in the weekends for working executives

CMA Online Classes Timings & Days
General Timing - 9.30PM -11.30 PM (Night)
2 days (Thursday & Friday) for Part 1 - Almost for 4 Months Students can take up exams
2 days (Saturday & Sunday) for Part 2 - Almost 5 months
Study Materials - Hock Books for 70000 fee - Rigos Books for 60000 fee

CMA Examination Months
Students can take Par 1 or Part 2 or together once the are ready to take exams in the months of

(i) January & February
(ii) May & June
(iii) September & October

3 times in a year CMA conducts online examinations. Students need to register with IMA USA & pay exam fees for attending the exams (additional fee- not included in 70000)

MoU with ICWA

To reflect the globalization of business and the importance of sound management accounting practices in all parts of the world, IMA® and the Institute of Cost and Works Accountants of India (ICWAI), a statutory body enacted under an Act of Parliament of India, have entered into a joint partnership agreement. At the cornerstone of the partnership is a mutual recognition of each organization’s respective certifications, allowing automatic award of IMA’s Certified Management Accountant (CMA®) certification for ICWAI’s Cost and Works Accountant (CWA) certificate holders. With 42,000 qualified professionals, ICWAI is the regulating authority of the cost and management accounting profession in India.
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. The MoU will enable recognition of the professional qualification of the respective institutes. Both the institutes will develop the profession of management accountancy for the benefit of their members and students. According to the MoU, a member of ICWAI can get enrolled as a member of IMA USA and vice-versa. However, an IMA member enrolling as a member of ICWAI will not be allowed to hold a certificate of practice to undertake any statutory work in India.

Certified Management Accountant (CMA) Content Specification

Part 1 1 Financial Planning, Performance and Control (4 hours – 100 questions and 2 essay questions)

  • Planning, Budgeting and Forecasting - 30% Level C
  • Performance Management- 25% Level C
  • Cost Management - 25% Level C
  • Internal Controls - 15% Level C
  • Professional Ethics 5 %Level C
  • Part 2 Financial Decision Making

Part 2 Financial Decision Making (4 hours – 100 questions and 2 essay questions)

  • Financial Statement Analysis 25% Level C
  • Corporate Finance 25% Level C
  • Decision Analysis and Risk Management 25% Level C
  • Investment Decisions 20% Level C
  • Professional Ethics 5 %Level C

Other articles

Dubai Classifieds

CMA-USA(Certified Management Accountant OnlineClassroom Training in Hyderabad,UAE,USA ,Canada ,Australia, UK,SouthAfrica,India@+91 800 8000 311.

Certified Management Accountant (CMA)-U.S.A
CMA is an American Certification awarded by the Institute of Management Accountants (IMA) U.S. IMA has Mutual recognition agreement with ICWA of India for 100% Exam Exemptions & with CGA Canada advanced entry level for CGA program.

Who can do CMA?
Anyone who has completed a Bachelor's degree from an accredited college or university or pursuing his/her degree is eligible to sit for the CMA Exam.

What is the course structure?
The new CMA exam consists of two parts:
Part I Financial Reporting, Planning, Performance and Control
Part II Financial Decision Making

CMA Course Outline:
CMA Part I. Financial Reporting, Planning, Performance, and Control(From Jan, 2015)
• External Financial Reporting Decisions - 15% (Level C)
• Planning, Budgeting, and Forecasting - 30% (Level C)
• Performance Management - 20% (Level C)
• Cost Management - 20% (Level C)
• Internal Controls - 15% (Level C)
CMA Part II. Financial Decision Making(From Jan, 2015)
• Financial Statement Analysis - 25% (Level C)
• Corporate Finance - 20% (Level C)
• Decision Analysis - 20% (Level C)
• Risk Management - 10% (Level C)
• Investment Decisions - 15% (Level C)
• Professional Ethics - 10% (Level C)

What is the CMA exam format?
Part I
100 Multiple Choice Questions and
two 30 minute Essay Questions
Part II
100 Multiple Choice Questions and
two 30 minute Essay Questions
Passing Criterion is 72% for each Part of CMA.

What is the CMA exam duration?
Part I. Financial Reporting,Planning, Performance and Control - 4 hours
Part II. Financial Decision Making - 4 hours

What are the CMA exam dates?
Exams are offered in January and February, May and June, September and October.
Course Content:
CMA (Certified Management Accountant) by IMA (Institute of Management Accountants, USA) is an advanced, globally accepted contemporary professional certificate that supports management accounting and finance professionals who drive business performance. CMA's play an integral role in the strategic decision-making process, within the organization. A CMA professional upholds the highest level of professional and ethical standards. Many large, multi-national manufacturers and employers regard highly the CMA designation. The recent bilateral agreement that has been formed with ICWAI gives mutual recognition to CMA and ICWAI certifications. As per the MOU, CMA (USA) Certified Members are eligible for Membership of ICWA(India) as well without attempting ICWAI examination.
The highlights of CMA Qualification:
• International professional qualification in Financial Management and Management Accounting.
• Recognized by Institute of management Accountants (US).
• An average of 6-9 months' time to qualify the exam
• 100 MCQs and 2 Essay type questions ( Total 4 Hours duration)
• Online exams through Prometric centers worldwide
• Salary much higher compared to non-certified professionals.
• Eligibility to acquire ICWA (formerly known as ICWAI) membership certification
Essence:

• Interactive Training by CMA Certified trainer
• Topic wise notes and model questions
• Topic wise tests
• Mock Exams
• Live class room and online training
Eligibility:

• Graduation
• Students doing graduation can also appear for the exam.
• Two years' experience in financial management related field prior to or within 7 years of passing the exam.

• Be a member of IMA
• Register for the two part exam
• Qualify the exam fees please call us on.

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Opp: Bank of Baroda
Dr. A. S. Rao Nagar,
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CMA USA

CMA(Certified Management Accountant) USA

CMA (Certified Management Accountant) by IMA (Institute of Management Accountants, USA) is an advanced, globally accepted contemporary professional certificate that supports management accounting and finance professionals who drive business performance. CMA’s play an integral role in the strategic decision-making process, within the organization.

A CMA professional upholds the highest level of professional and ethical standards. Many large, multi-national manufacturers and employers regard highly of the CMA designation. The recent bilateral agreement that has been formed with ICWAI gives mutual recognition to CMA and ICWAI certifications. As per the MOU . CMA (USA) Certified Members can opt for Membership of ICWA (India).

The Highlights of CMA Qualification:

  • An International professional qualification in Financial Management and Management Accounting.
  • Recognized by Institute of management Accountants (US).
  • On an average 6-9 months time to qualify the exam
  • 75% questions are "objective" type
  • Online exams
  • Current global pass percentage 42%
  • Salary much higher compared to non-certified professionals.
  • Eligibility to acquire ICWAI membership certification

Candidates for CMA Certification must complete Two Examination Parts:

  • Part 1: Financial Reporting, Planning, Performance & Cantrol (4 hours - 100 multiple choice questions and two essay questions)
  • Part 2: Financial Decision making (4 hours - 100 multiple choice questions and two essay questions)

The Content Secification Overview

Part 1: Financial Reporting, Planning, Performance and Control

External Financial Reporting Decisions, Planning Budgeting Forecasting, Performance management, Cost Management, Internal Controls.

Financial Statement Analysis, Corporate Finance, Decision Analysis, Risk Management, Investment Decision, Prfessional Ethics.

A Bachelors Degree,in any area, from an Accredited College or University

Candidates for the CMA Certification must complete two years of professional experience in Management accounting and or financial management or the areas specified by IMA. This requirement may be completed prior to or within seven years of passing the examination. Professional experience is expected to be gained in full-time employment. However, continuous past -time positions of 20 hours per week meeting the definition of qualified experience will count towards this requirement at a rate of one year of experience for every two years of part-time employment.

Internal Auditors, chief financial Officer, public finance Associate, Senior Financial Analyst, Business Financial Analyst, Senior Accountant, Director-Finance, Relationship Manager, Finance Director, Senior Executive Officer Senior Accountant Investigator, Payroll Accountant, Chief Operating officer, Chief Investment Officer, Senior Financial Executive, Finance Manager, Cost Analyst, Accountant, Pricing Analyst.

CMA RESULT MAY - JUNE 2015

Website for Job Reference

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Online cma-usa training in uae, usa, canada, australia, uk, Others Forum

Online cma-usa training in uae, usa, canada, australia, uk, CMA - USA TRAINING

Certified Management Accountant (CMA)-U.S.A

CMA is an American Certification awarded by the Institute of Management Accountants (IMA) U.S. IMA has Mutual recognition agreement with ICWA of India for 100% Exam Exemptions & with CGA Canada advanced entry level for CGA program.

CMA (Certified Management Accountant) certification, available only to IMA members, is highly regarded by employees. Professionals with a CMA earn 24% more in average salary than their noncertified peers.

We see your success being built on a holistic approach, which reflects CMA (Certified Management Accountant).This includes building strong relationships, communication, marketing, promotion networking and utilising the latest accounting software.

  • 85% Passing Rate
  • Experienced Trainer
  • Chapter wise Mock Tests

Anyone who has completed a Bachelor's degree from an accredited college or university or pursuing his/her degree is eligible to sit for the CMA Exam.

CMA Course Outline:

CMA Part I. Financial Reporting, Planning, Performance, and Control

  • External Financial Reporting Decisions - 15% (Level C)
  • Planning, Budgeting, and Forecasting - 30% (Level C)
  • Performance Management - 20% (Level C)
  • Cost Management - 20% (Level C)
  • Internal Controls - 15% (Level C)

CMA Part II. Financial Decision Making

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

What is the CMA exam format?

100 Multiple Choice Questions and two 30 minute Essay Questions

100 Multiple Choice Questions and two 30 minute Essay Questions

Passing Criterion is 72% for each Part of CMA.

What is the CMA Exam duration?

Part I. Financial Reporting, Planning, Performance and Control - 4 hours

Part II. Financial Decision Making - 4 hours

What are the CMA exam dates?

Exams are offered in January and February, May and June, September and October.

Exams are Conducted World Wide Through Prometric Center.

1) All the Indian candidates will get ICWA (now CMA) after passing CMA

2) ACCA will grant 7 subjects exemption out of 14 subjects.

LIG B86, Next to TMC,

Opp: Bank of Baroda

Dr. A. S. Rao Nagar,

Hyderabad, AP, India -62.

CMA Training centre in Sharjah, Dubai, Abu Dhabi

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CIMA, CMA, CA, CS DTH or offline classes Saraf Gurukul

Certified Management Accountant (CMA) USA

The Certified Management Accountant (CMA) designation is a highly respected credential awarded by the Institute of Management Accountants (IMA) which is a US-based worldwide association for accountants and financial professionals working in business. The CMA designation provides an objective measure of an individual’s knowledge and competence in the field of management accounting and financial management. CMAs have extensive career opportunities with MNCs in India and across the world. Some more good news here: > CMA exams comprise just 2 parts, and it takes nearly 300-400 hours of study to clear the CMA exams > CMA exams are online computerized exams administered over 4 months every year > CMA exams can be taken at Prometric test centres in India

The Certified Management Accountant (CMA) designation is a highly respected credential awarded by the Institute of Management Accountants (IMA) which is a US-based worldwide association for accountants and financial professionals working in business. The CMA designation provides an objective measure of an individual’s knowledge and competence in the field of management accounting and financial management.

CMA is the US equivalent of the Indian Cost Accountant qualification from the Institute of Cost Accountants of India (formerly ICWAI). CMAs have knowledge of: • Financial Planning and Analysis • Financial Management • Internal Controls • Risk Management • Cost Management • Performance Management • Decision Analysis • Professional Ethics The credentials and knowledge base of a CMA is a big advantage when working with MNCs, financial services or consulting firms.

Candidates for CMA certification must complete all required examination parts. Part 1: Financial Reporting, Planning, Performance, and Control (4 hours – 100 multiple-choice questions and two 30-minute essay questions) Part 2: Financial Decision Making (4 hours – 100 multiple-choice questions and two 30-minute essay questions) Performance Reports are sent via email from Prometric to candidates who fail an exam part. Performance reports are emailed approximately 14 days after exam results are posted to the candidates’ profile. Performance reports show the candidate’s performance as satisfactory, marginal or unsatisfactory for each of the key topic areas from the multiple choice section of the exam as well as the overall performance on the essay section of the exam. Please Note: You cannot take an exam part more than one time during a testing window Clear the CMA Exams The CMA exams can be taken in Prometric centres across major cities in India. The CMA exams may be taken in any of the three testing windows each year - (i) January & February, (ii) May & June, (iii) September & October SGPL will guide and support you through the entire process including exam application and scheduling. Scores for the exams are released within 6 weeks after the end of the month in which the exams were taken. Become a CMA To obtain the CMA certificate, CMA candidates need to fulfill the following criteria: 1. Examination - Clear Part 1 & Part 2 of the CMA exams. 2. Education - Bachelor’s degree. Note: The education requirement may completed prior to or within 7 years of passing the examination. This implies that students who are pursuing their bachelor’s are eligible to take the CMA exams. 3. Experience - Two years of professional experience in accounting or finance. Note: The experience requirement may completed prior to or within 7 years of passing the examination.

Careers in accounting & finance with the CMA qualification will certainly prove to be extremely rewarding in terms of increased credibility, opportunities and pay. With increasing globalization, FDIs, outsourcing, off-shoring, US financial service MNCs in India and Indian companies listed in the US, CMAs with an international perspective are in very high demand. Career opportunities for CMAs include but are not limited to: • Multi-national companies • Financial services or consulting firms • US-based firms & organizations Opportunities for CMAs are boundless as they often expand their careers beyond the traditional management accounting realm to provide related services for many different types of organizations. CMAs are required in all areas of the business world: • Management & Cost Accounting • Financial Accounting • Financial Risk Management • Management Consulting & Performance Management • Financial Planning • Financial Analysis • Corporate Finance (M&A, IPO, Share & Debt Issues) • Venture Capital • Internal Auditing • Information Technology (especially as applied to accounting) • Corporate Governance

> Deloitte > PWC > KPMG > Citibank > Bank of America > Tata Motors > GM > Caterpillar > Microsoft > American Express > IBM > Oracle > Cap Gemini

About Us

Saraf Gurukul Pvt. Ltd, the proud venture of Mr Prakash Saraf and Mrs Vidisha Saraf ,specializes in providing professional training and guidance for various courses in Accountancy, Management Accountancy and Finance. Our vision is to become the one stop shop for all educational needs.

Essay Tactics – Part 3 - Gleim CMA Review

Essay Tactics – Part 3

February 3, 2012

This is the third in our series on how to prepare for the Essay Questions found on both parts of the CMA Exam.

The tactical suggestions in this series are to assist you in maximizing your score on the essay section of the CMA exam. Remember, knowing how to take the exam and how to answer individual questions is as important as studying the subject matter tested on the exam.
  1. For each scenario, note the suggested time allocation (i.e. half your total time) and number of questions on your GTCS.
    1. Read the requirements for each question carefully.
      1. Focusing on what is required enables you to ignore extraneous information.
  2. Allocate your time spent per question associated with each scenario by dividing your total time for that scenario equally among questions.
  3. On a separate sheet of scratch paper, outline the grading concepts for each of the requirements. Plan on using one sheet for each scenario. Thus, you will need two additional sheets of scratch paper.
  4. Type your answers to one question at a time.
  5. Proofread and edit.

Practice these techniques using the Gleim Online course and the Gleim Essay Wizard. Both tools are part of the Gleim CMA Review System.

Check back next week for the fourth in our series of Essay Tactics.

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