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CMA USA Course Fees in Kerala: Everything You Need to Know

Published on: January 27, 2025

cma usa course fee in kerala

Table of Contents

CMA USA is the Certified Management Accountant credential administered by the Institute of Management Accountants (IMA), USA, focusing on Management Accounting and Financial Management.

The profession offers various job positions, such as:

  • Financial Analyst
  • Management Accountant
  • Cost Accountant
  • Chief Financial Officer (CFO)

The job market for CMAs is expanding, with projections indicating a growth rate of approximately 5.8% for accounting jobs through 2033, resulting in over 81,000 new positions. Therefore, its significance has been increasing in recent years.

CMA USA is recognized in over 150 countries, including regions outside of North America, such as Europe, China, and the Middle East.

CMA USA COURSE ELIGIBILITY

To become a CMA, candidates must fulfill one of the following:

  1. Bachelor’s Degree: From an accredited college or university which can be pursued even as correspondence.
  2. Professional Certifications: Holders of certifications like CACS, or CMA (India) can pursue the course directly without a degree.

CMA Examination

Exam Structure

  • Part 1: Financial Planning, Performance, and Analytics
    • Duration: 4 hours
    • Format: 100 multiple-choice questions (MCQs)two 30-minute essays
  • Part 2: Strategic Financial Management
    • Duration: 4 hours
    • Format: 100 multiple-choice questions (MCQs)two 30-minute essays

Note: Candidates must answer at least 50 out of 100 MCQs correctly to unlock the essay section.

Exam Windows

The exam is offered during the following three testing periods each year:

  • January/February
  • May/June
  • September/October

CMA USA Syllabus

The Part 1 and Part 2 syllabus are as follows:

Part I: Financial Planning, Performance and Analytics

Section

Section Name

Weightage

A

External Financial Reporting Decisions

15%

B

Planning, Budgeting, and Forecasting

20%

C

Performance Management

20%

D

Cost Management

15%

E

Internal Controls

15%

F

Technology and Analytics

15%

Minimum Marks to Qualify: 360/500 (72%)

Part II: Strategic Financial Management

Section

Section Name

Weightage

A

Financial Statement Analysis

20%

B

Corporate Finance

20%

C

Business Decision Analysis

25%

D

Enterprise Risk Management

10%

E

Capital Investment Decisions

10%

F

Professional Ethics

15%

Minimum Marks to Qualify: 360/500 (72%)

CMA USA offers several professional benefits, including:

  • Higher earning potential
  • Career versatility
  • Global Recognition
  • Networking opportunities
  • Strategic thinking

Note: The Official CMA USA website for fee structure and curriculum details is  https://in.imanet.org/

CMA USA FEES

The CMA USA program fees can be summarised as below :

Particulars

Fees

Professional Members

Student/Academic Members

CMA Entrance Fees

$300

$225

Exam Fees

$495 per part

$370 per part

IMA Membership fees

$295*

$49/$160

*IMA membership is required. Certified CMAs will need to pay a $30 annual renewal fee and will be required to report 30 hours of CPE on an annual basis.

BEST CMA USA INSTITUTE IN KERALA

Triple I Commerce Academy stands as one of India’s top commerce coaching institutes, with branches located in Trivandrum, Calicut, and Kochi. The academy offers a wide range of programs, including online and offline classes, catering to courses like CA, CMA, CS, CMA (USA), ACCA, and entrance coaching for Class 11 and 12 students.

At Triple I, the learning experience is designed to engage with the expertise of highly qualified tutors who simplify complex concepts. Students benefit from dedicated mentorship programs that provide invaluable guidance and foster academic growth.

The academy emphasizes learning with workbook practice sessions and regular assessment tests to help students track their progress and continually improve. Classes are completed well ahead of examinations, allowing students sufficient time for thorough self-study. Additionally, the supportive faculty is readily available to resolve doubts and offer personalized assistance when needed.

 

Key Features of the Institute :

  • Experienced Faculty Pool:
      Classes are conducted by qualified professionals who bring practical insights into the learning process. The faculty simplifies complex concepts, saving valuable self-study time, and shares exam tips for better presentation.
  • Comprehensive Study Materials:
      Along with study materials from professional bodies, Students receive workbooks prepared by Triple I’s academic team in collaboration with the faculty.
  • Regular Assessments and Mentorship:
      Frequent evaluations ensure students' progress is closely monitored. Mentors and coordinators provide personalized support to create a productive learning experience.
  • Outstanding Success Rates:
      Triple I Commerce Academy boasts impressive success rates in all its courses. To celebrate exceptional student achievements, the institute hosts felicitation programs honoring outstanding performers.

     

CMA USA COURSE DURATION

CMA USA can be completed within 6-12 months. At Triple I, one year-long coaching is provided to the students for Part 1 and Part 2 making them confident to appear for the exams.

 

FAQs

1. What is the pass percentage for CMA Exams?

The pass rate on the CMA differs by geographic region but averages about 50% on both parts 1 and 2

2. Where do I take the CMA exam?

Candidates take the CMA exam in person at a Prometric Test Center. By local customs, Prometric Test Centers are available throughout the U.S. and internationally. To locate a test center, please visit www.prometric.com/ICMA.

3. When can I take the exam?

Exams are offered according to the following schedule:

  • January and February
  • May and June
  • September and October

4. Do I have to take parts 1 and 2 in this order, and do I have to take them together?

No, you can take parts 1 and 2 in any order. You have the option of taking both together on the same day, although many members choose to separate their testing dates.

5. What is the passing score for the CMA exam?

The minimum passing score is 360 for both parts of the exam. The exam score range is 0-500.

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