Certified Management Accountant (CMA) designation is awarded by Institute of Management Accountants (IMA, USA) through a globally recognized professional qualification. The CMA program is designed specifically to authorize expertise of the advanced skills required to manage accounting and finance functions within an organization, enabling you to deliver value in today's complex & saturated business environment.
WHY TO OPT FOR CMA?
Globally recognized qualification
Strong knowledge base in Management Accounting, Financial Management & Strategy
Improved career credibility & Job prospects
Enhance international exposure towards business
Growth of leadership skills
The CMA certification program requires a minimum of a bachelor’s degree from an accredited college or university, completion of the two exam parts and two-years of work experience before final certification is granted. The candidate has 7 years after completing the CMA exam parts to achieve the education and work experience required, if necessary.
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%)
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)
DURATION: For an average student it takes around 4-6 months to complete CMA exams.
Registration Fee IMA: USD 245/=
Entrance Fee: USD 250/=
Examination Fee: USD 415/= PER PART
Tuition Fee: AED 4000/= PER PART (Including Study Material & Revisions)