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The Certified Management Accountant CMA USA, recognized in over 180 countries, is a premier, globally recognized credential awarded by the Institute of Management Accountants IMA, USA. It is the gold standard for professionals in management accounting and financial management. The CMA USA course focuses specifically on the skills businesses need most. The course transforms your understanding of finance & opens the door to global success.
The CMA USA curriculum bridges the gap between accounting knowledge and real-world business strategies. Divided into two sections, it prepares students to master everything from financial planning and analysis to risk management and corporate decision-making, preparing them to lead confidently in the global business world.
Understand a company's financial history. This section teaches you how to assess a company's current situation and forecast its future direction. It covers fundamental accounting principles, tax considerations, financial summaries, statements, disclosures, and the art of financial reporting. You'll go beyond theory to analyze real-world financial data and produce clear, actionable reports that help you make smart decisions.
Consider operating an organization without a budget; the budget determines the profit figures in the reports. An organization can prepare for potential risks and reduce their impact through meticulous planning. This CMA USA course module provides learners with practical business skills in planning and budgeting. Students conduct in-depth research on budgeting, learning concepts, methodologies, financial projections, and cash flow analysis for businesses. Furthermore, they learn about strategic planning and effective resource allocation in a business setting.
The success of each asset in a company is inextricably linked to the overall performance and profitability of the company. Stakeholders can stay up to date on all financial updates by following the performance management process. The module covers cost and variance measures, performance metrics, business performance analysis, profitability assessment, building a balanced scorecard, and developing key performance indicators (KPIs) for any business. As a CMA professional, you learn to optimize the performance of any business.
Every business has a cost structure, which is a critical component that only some business plans can rely on. CMAs have a skill set that is finely tuned for handling transactional data, managing costs, profit flows, and strategic cost planning. Throughout the course, students will learn the intricacies of record-based cost estimation and the art of expense control through strategic planning. The curriculum also includes detailed information on costing systems, measurement techniques, cost behaviour, supply chain management, lean management methodologies, ERP, value resource planning, and many cost management principles.
The CMA USA module on internal controls addresses a wide range of business control issues. Students learn about planning financial controls, cost controls, risk controls, compliance, audits, and governance, all of which are critical components of any enterprise. In inspections, there are two branches – external and internal. Paying close attention to internal audits and controls is critical for increasing the efficiency and productivity of business operations. This module will help you develop appropriate internal controls and governance for your business.
'Analytics' has become the buzzword in today's fast-paced world because it improves predictive capabilities. When we combine historical reports with risk assessments, analytics take center stage. As a result, businesses are looking for accounting professionals who are also skilled in data analytics and technology utilization. A Certified Management Accountant (CMA) must be capable of practically implementing analytics, using technology, and leveraging data analytics to establish optimal accounting practices and systems for any industry or business.
Let's begin this module by going over the fundamentals of financial statements— creating them, understanding the various types, and analyzing them using ratios and other tools. Once you've mastered the fundamentals, the CMA course module moves on to more advanced topics such as revenue, income measurement, and variation analysis. Along the way, you'll gain practical knowledge about how inflation, changes in accounting standards, pricing, foreign operations, and earnings quality affect the financial landscape.
It is critical in business to understand the 'why' behind each financial report and analysis. This module teaches students how to understand the "why" behind financial reports. Students not only understand these concepts but also learn the art of maintaining a delicate balance between risk and reward in any business setting, from securing funds to valuation, exploring financing options to efficient cash management, handling accounts receivable and payable, navigating mergers and acquisitions, overseeing corporate restructuring, diving into international finance, and managing transaction exposure.
In business, every decision has an impact on an organization’s size, budget, and financial standing. While there are various methods for analyzing these impacts, a certified management accountant provides the most effective approach for making decisions. The journey begins with studying cost volume-profit analysis, break-even analysis, marginal analysis, and opportunity costs. As learners progress, they not only master the art of pricing but also investigate product pricing methodologies and product life cycles, comprehend demand elasticity, and, using these insights, learn to make sound financial decisions for any business.
Every organization deals with the inherent presence of risk, which is a critical component of its operations. Several financial risks have the potential to arise and jeopardize the entire business. These risks include market, credit, and financial risks. The CMA USA course teaches students how to effectively manage these risks while also providing practical insights that can be applied to any business scenario. The course provides a thorough understanding of various risk management strategies for management accountants to apply in real-world situations. The course covers every aspect of navigating business risks, from risk identification to risk management and mitigation strategies.
Businesses have a wide range of investment options. When making these decisions, financial professionals must present the information in a clear and engaging manner. This skill is critical, which is why it is emphasized throughout this module. The module covers everything from the time value of money to financial math concepts and investment planning. Students also learn how to forecast returns, analyze investment decisions, and track investments. This helps students master the critical skill of enterprise investment planning.
Enter the world of prestigious certifications, such as CMA USA, where respect is synonymous with professional ethics. CMA professionals distinguish themselves in accounting and finance. Aside from gaining specialized knowledge in management accounting, finance, and business, they also learn the essential professional ethics and values that will elevate them to the highest levels of professionalism. As students’ progress through the course, they become acquainted with the IMA's globally accepted statement of ethical professional practice, which is followed by all certified management accountant professionals.
I completed the CMA (USA) course at Chanakya Business School. I recently started working at Apex One Services as a Fund Accountant, and I am currently an Analyst. I am deeply grateful to Chanakya Business School for helping me achieve this designation.
I am from Kerala, and I am currently working in Chennai as a Fund Accountant. The faculty at Chanakya Business School has been a great support. The exam retake offers also helped me develop a fearless exam strategy. I would definitely recommend Chanakya to everyone.
Hi. I work at KPMG as an Associate 1. I would like to thank Chanakya Business School for the training and guidance they provided, which helped me complete my CMA (USA) certification. I highly recommend Chanakya Business School to anyone pursuing a professional qualification.
I am working as an Analyst at Apex One Services and currently pursuing CMA (USA) at Chanakya Business School. The flexible timings, recorded sessions, and live classes has helped me balance my work and studies effectively. Thank you for making my learning journey seamless and enjoyable.
I chose to study CMA (USA) at Chanakya Business School, and the team has been extremely helpful throughout the classes. If you are a working professional, you should definitely consider this supportive team. I 100% recommend Chanakya Business School to anyone who wants to build a global career.
I work as a Fund Analyst at Apex One Services. I completed my CMA (USA) in 1.5 years and got placed very quickly. I secured a good package along with a better work culture. I am very thankful to Chanakya for the continuous support and for helping me reach this position. Thank you.
Explore our FAQs to find quick and clear answers about CMA courses, enrollment, study materials, and more. If you need further assistance, feel free to reach out!
The Certified Management Accountant CMA USA designation is a global credential offered by the IMA that focuses on corporate finance and strategic management. It is open to students, working professionals, and anyone looking to advance their knowledge of financial planning, analysis, and decision support.
To earn the CMA USA certification, you must fulfil three criteria:
Pass both parts of the CMA USA exam.
Hold a bachelor's degree from an accredited institution.
Complete two years of relevant work experience.
The CMA exam has two parts:
Part 1: Financial Planning, Performance, and Analytics
Part II: Strategic Financial Management
Each part consists of 100 multiple-choice questions and two essay scenarios.
Each year, the CMA USA exams are offered during three flexible testing windows.
January & February
May & June
September & October
Each part can be scheduled on any weekday within these timeslots
CMA USA professionals in India typically earn between ₹4-20 LPA, based on experience and role. Globally, the certification has even higher earning potential and opens up opportunities in financial analysis, management, and strategic leadership
Virtual Chanakya provides more than just exam preparation. Our expert faculty, with over 13 years of industry experience, provide real-world insights, and we back your success with 100% placement support to ensure a smooth transition from student to certified professional.
CMA USA exams are offered three times a year:
January–February
May-June
September–October
The flexible part is that you can choose your exact test date. You can schedule your exam during any of these timeslots on a weekday that works best for you. This allows you to prepare for one part at a time and take it when you're most ready.
Yes, you can. The CMA USA certification is ideal for busy professionals. Its main advantage is flexibility: you can set your own study schedule and take exams when you're ready. You can effectively progress towards your certification without interrupting your career by utilizing weekend study sessions, online resources, and a structured plan.
Yes, you can, but you must prove your degree within seven years of passing the test.
Top-tier firms actively seeking CMA USA candidates include EY, PWC, KPMG, Deloitte, UBS, Morgan Stanley, J.P. Morgan, Genpact, Citibank, BNP, Bank of America, Goldman Sachs, Royal Bank of Scotland, Amazon, Capgemini, Accenture, and many more.
You can learn CMA USA full-time or part-time, depending on your preferences. This makes it accessible to working professionals as well.
Virtual Chanakya stands out for its experienced faculty, intense learning, and worldclass results, which inspire CMA USA candidates.
Virtual Chanakya stands out for its comprehensive approach to learning, industryexpert faculty, and 100% placement assistance.
Yes, Virtual Chanakya offers great scholarships to students. You can learn more about the scholarship plan by contacting us.