Certified Management Accountant
Frequently Asked Questions
The pass rate for the CMA varies across different geographic regions, but the average pass rate for both parts 1 and 2 is approximately 50%.
The amount of time needed to pass both parts of the CMA (US) exam varies, but on average, candidates spend around 6-12 months preparing for each part.
The CMA exam can be taken at authorized testing centers worldwide.
Yes, you can work and study for the US Certified Management Accountant (CMA) designation. The CMA program is designed to accommodate working professionals and allows you to pursue the certification while working full-time or studying alongside your job.
To be eligible for the US CMA course, you need a bachelor’s degree, membership in the IMA, and two years of professional experience in management accounting or financial management.
If you don’t complete the US CMA exam within three years, the parts you have passed will remain valid for six years. However, the parts you haven’t passed will expire, and you will need to retake them to obtain the certification.
Yes, the US CMA course is recognized in India and holds value for professionals seeking career opportunities in management accounting, financial management, and related fields in the country.
The US CMA course has a strong scope in India, offering career opportunities in industries like manufacturing, finance, consulting, technology, and healthcare. CMAs can pursue roles such as management accountants, financial analysts, financial managers, and consultants. The global recognition of the certification also enhances career prospects and provides opportunities for professional networking.