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CMA USA Classes2024-09-17T08:35:42+00:00

200Hrs+ US CMA Training

Classroom Training In 15+ Centres

Course Duration – 6 Months

Solve 4000+ MCQs and 90+ Essays

Achieve Excellence with Proschool’s US CMA Coaching Classes!

If you’re looking for US CMA Classes In India, you’ve got to check out Proschool! We’re all about giving you the tools and support to nail those US CMA exams.

Here’s why our course is a game changer:

  • Global Standard Material: Use international training materials approved by the IMA, ensuring you study with the best resources.
  • Fee Waiver Available: Benefit from our fee waiver options to help manage your education costs.
  • Rich Question Bank: Tackle over 4000 MCQs and 90+ essay questions to thoroughly prepare for your exams.
  • Complimentary Foundation Course: Strengthen your basics with our free foundation course, setting you up for success from the start.

CMA USA Course Overview

CMA USA Syllabus

US CMA Part 1 – Financial Planning, Performance, and Analytics

  1. Financial statements
    • Balance sheet
    • Income statement
    • Statement of changes in equity
    • Statement of cash flows
    • Consolidated statements
    • Integrated reporting
  2. Recognition, measurement, and valuation
    • Asset valuation
    • Valuation of liabilities
    • Equity transactions
    • Revenue recognition
    • Income measurement
    • Major differences between U.S. GAAP and IFRS
  1. Strategic planning
    • Analysis of external and internal factors affecting strategy
    • Long-term mission and goals
    • Alignment of tactics with long-term strategic goals
    • Strategic planning models and analytical techniques
    • Characteristics of successful strategic planning process
  2. Budgeting concepts
    • Operations and performance goals
    • Characteristics of a successful budget process
    • Resource allocation
    • Other budgeting concepts
  3. Forecasting techniques
    • Regression analysis
    • Learning curve analysis
    • Expected value
  4. Budgeting methodologies
    • Annual business plans (master budgets)
    • Project budgeting
    • Activity-based budgeting
    • Zero-based budgeting
    • Continuous (rolling) budgets
    • Flexible budgeting
  5. Annual profit plan and supporting schedules
    • Operational budgets
    • Financial budgets
    • Capital budgets
  6. Top-level planning and analysis
    • Pro forma income
    • Financial statement projections
    • Cash flow projections
  1. Cost and variance measures
    • Comparison of actual to planned results
    • Use of flexible budgets to analyze performance
    • Management by exception
    • Use of standard cost systems
    • Analysis of variation from standard cost expectations
  2. Responsibility centers and reporting segments
    • Types of responsibility centers
    • Transfer pricing
    • Contribution margin
    • Reporting of organizational segments
  3. Performance measures
    • Product profitability analysis
    • Business unit profitability analysis
    • Customer profitability analysis
    • Return on investment (ROI)
    • Residual income
    • Investment base issues
    • Key performance indicators (KPIs)
    • Balanced scorecard
  1. Measurement concepts
    • Types of cost and cost behavior
    • Actual and normal costs
    • Standard costs
    • Absorption (full) costing
    • Variable (direct) costing
    • Joint and by-product costing
  2.  Costing systems
    • Job order costing
    • Activity-based costing
    • Life-cycle costing
    • Other costing systems
  3. Overhead costs
    • Fixed and variable overhead expenses
    • Corporate vs. departmental overhead
    • Determination of allocation base
    • Allocation of service department costs
  4. Supply chain management
    • Lean resource management techniques
    • Enterprise resource planning (ERP)
    • Capacity management and analysis
  5. Business process improvement
    • Value chain analysis
    • Value-added concepts
    • Process analysis, redesign, and standardization
    • Continuous improvement concepts
    • Benchmarking and best practice analysis
    • Cost of quality analysis
  1. Governance, Risk, and Compliance
    • Corporate Governance
    • Internal Control Structure and Management Philosophy
    • Internal Control Policies for Safeguarding and Assurance
    • Internal Control Risk
    • Testing Methods for Internal Controls
    • Control Deficiency Remediation
    • External Audit Requirements
  2. System Controls and Security Measures
    • General Accounting System Controls
    • Application and Transaction Controls
    • Technology Controls
    • Backup Controls
    • Business Continuity Planning
  1. Information Systems
    • Accounting Information Systems
    • Enterprise Resource Planning Systems
    • Enterprise Performance Management Systems
  2. Data Governance
    • Data Policies and Procedures
    • Life Cycle of Data
    • Data Management
    • Controls Against Security Breaches
  3. Technology-Enabled Finance Transformation
    • System Development Life Cycle
    • Process Automation
    • Innovative Applications
  4. Data Analytics
    • Business Intelligence
    • Data Mining
    • Types of Data Analytics
    • Data Visualization

US CMA Part 2 – Strategic Financial Management

  1. Comparative Financial Statement Analysis
    • Common Size Financial Statements
    • Common Base Year Financial Statements
    • Financial Trend Analysis
  2. Financial Ratios
    • Liquidity
    • Leverage
    • Activity
    • Profitability
    • Market
  3. Profitability Analysis
    • Income Measurement Analysis
    • Revenue Analysis
    • Cost of Sales Analysis
    • Expense Analysis
    • Variation Analysis
  4. Special Issues
    • Impact of Foreign Exchange Rate Changes on Financial Statements
    • Effects of Changing Prices and Inflation
    • Impact of Changes in Accounting Treatment
    • Accounting and Economic Concepts of Value and Income
    • Earnings Quality
  1. Financial Risk and Return
    • Calculating Return
    • Types of Financial Risk
    • Relationship Between Risk and Return
  2. Long-term Financial Management
    • Term Structure of Interest Rates
    • Types of Financial Instruments
    • Cost of Capital
    • Valuation of Financial Instruments
  3. Raising Capital
    • Financial Markets
    • Financial Institutions
    • Initial and Secondary Public Offerings
    • Dividend Policy and Share Repurchases
    • Lease Financing
    • Debt Financing
  4. Working Capital Management
    • Net Working Capital
    • Cash Management
    • Marketable Securities Management
    • Accounts Receivable Management
    • Inventory Management
    • Types of Short-term Credit
    • Short-term Credit Management
  5. Corporate Restructuring
    • Mergers and Acquisitions
    • Other Forms of Restructuring
  6. International Finance
    • Fixed, Flexible, and Floating Exchange Rates
    • Managing Transaction Exposure
    • Financing International Trade
  1. Cost/Volume/Profit Analysis
    • Breakeven Analysis
    • Profit Performance and Alternative Operating Levels
    • Analysis of Multiple Products
  2. Marginal Analysis
    • Sunk Costs, Opportunity Costs, and Other Related Concepts
    • Marginal Costs and Marginal Revenue
    • Special Orders and Pricing
    • Make vs. Buy
    • Sell or Process Further
    • Add or Drop a Segment
    • Capacity Considerations
  3. Pricing
    • Pricing Methodologies
    • Target Costing
    • Price Elasticity of Demand
    • Product Life-Cycle Considerations
    • Market Structure Considerations
  1. Enterprise Risk
    • Types of Risk
    • Risk Identification and Assessment
    • Risk Mitigation Strategies
    • Managing Risk
  1. Capital Budgeting Process
    • Stages of Capital Budgeting
    • Incremental Cash Flows
    • Income Tax Considerations
    • Evaluating Uncertainty
    • Discount Rates
  2. Capital Investment Analysis Methods
    • Net Present Value (NPV)
    • Internal Rate of Return (IRR)
    • Payback Period
    • Comparison of Investment Analysis Methods
    • Sensitivity Analysis
  1. Business Ethics
    • Ethical Decision Making
    • Types of Business Fraud
  2. Ethical Considerations for Management Accounting and Financial Management Professionals
    • The IMA Statement of Ethical Professional Practice
    • Fraud Triangle
    • Evaluation and Resolution of Ethical Issues
  3. Ethical Considerations for the Organization
    • Organizational Factors and Ethical Culture
    • Ethical Leadership
    • Legal Compliance
    • Responsibility for Ethical Conduct
    • Sustainability and Social Responsibility
    • Data Ethics

What Do You Get By Enrolling @ Proschool’s US CMA Classes?

We focus on personal career goals.

Classroom Teaching Available

You can opt for US CMA classroom coaching in any of our 15+ centers or go for live online classes. Both of them are equally lucrative.

Personalized Study Plans

Receive a study plan specifically tailored to meet your individual learning needs.

Top Notch Placements

The placement team at IMS Proschool helps students with resume building, aptitude, interview tips along with access to 1000’s of jobs on our portal

Exam Pass Commitment

Proschool offers unlimited classroom and doubt-solving sessions in case you fail US CMA Exams

Focused Revision Classes

Attend dedicated revision classes to polish your knowledge before exams.

Extensive Pool Of Questions

Students solve 4000 MCQs and 90+ essay questions to thoroughly prepare for your exams.

Where Our Alumni Work

GPA qualified professionals are trained to handle different strategic roles like a Chief Financial Officer (CFO) and Chief Executive Officer (CEO) in a multinational firm.

What Students Have To Say About Our Institute?

I am grateful for the wonderful experience I’ve had in Proschool. The faculty members have been incredibly supportive and knowledgeable, making learning both engaging and rewarding.

Ritesh Sonawane

Very supportive and encouraging faculty. Interactive sessions help better understanding. Also mock exams help through doubt-solving and thorough exam preparations.

Sharvari Prashant

The institute is amazing and productive in terms of solving doubts, training, and creating a pleasant atmosphere. The staff and teachers are friendly and helpful.

Sakshi Kate

What Do You Get In Proschool’s Placement Support

Expert-Led Interview Prep

Undergo 3 rigorous mock interviews with top industry professionals, complete with personalized, face-to-face feedback to sharpen your performance..

Guaranteed Interviews

Secure your future with 5 guaranteed interview opportunities, tailored to your preferred companies, ensuring your foot is in the door of your dream job.

Soft Skills Mastery

Elevate your professional appeal with targeted soft skill development sessions, designed to enhance your communication, teamwork, and leadership qualities.

LinkedIn Profile Makeover

Boost your digital presence with our profile enhancement service, aimed at maximizing your visibility and attractiveness to recruiters on LinkedIn.

Are You Eligible For Pursuing US CMA?

CMA – Education Requirement

  • Successful completion of 10+2 in India.
  • A Bachelor’s Degree or equivalent from a recognized institution in a relevant field.
  • Students currently enrolled in a degree program are also eligible for the US CMA certification.

CMA – Experience Requirement

  • Candidates must have a minimum of 2 years of work experience in management accounting or financial management. Part-time work of at least 20 hours per week also satisfies this requirement.
  • Experience must be verified within 7 years after passing the CMA examination.
  • Relevant experience can vary and may include:
    • Preparing financial statements.
    • Conducting internal or external audits.
    • Developing and reporting budgets.
    • Managing general ledgers or balance sheets.
    • Forecasting financial outcomes.

Our US CMA Faculty Members

CA Ashish Chandak

CA| CFA(L3)| ACCA

Binoy Thomas

CIMA (U.K.), FCMA, ACSI (U.K.), Dip IFR ACCA (U.K.), DISSA

Shyam Prasad

Business Strategist | Digital Marketer | Marketing Consultant | Lead Faculty- ACCA.

CMA USA Certifications

Certificate in Management Accounting from IMA

Upon passing Part 1 of the US CMA exam.

Advanced Certificate in Management Accounting from IMA

Upon passing Part 2 of the US CMA exam.

Strategic Management Professional Certificate from IMA

Awarded after fulfilling the two-year work experience requirement post passing both parts of the US CMA exam.

Image of US CMA Certificate

CMA USA Classes Fees

FAQ’s

The CMA USA Classes typically takes about 6 to 9 months to complete if you’re consistent with your study schedule. It’s designed in a way that you can fit it into your routine, even if you’re juggling college or work.

At Proschool, you easily can complete the US CMA Course in 6 months and get sufficient time for revision.

The fees for the CMA USA course can vary, but on average, you’re looking at around $1,000 to $1,500 (about INR 80,000 to INR 1,20,000). This includes registration, exam fees, and the IMA membership. Keep in mind, that this doesn’t cover additional materials like books or coaching classes.

The US CMA Coaching Fees depend on factors like city, institute, mode of learning (online/offline) etc. and range between ₹1,00,000 to ₹1,50,000.

Yes, it’s possible to complete the CMA USA in 6 months, but it requires dedication and focus. Most students take a little longer, around 8 to 9 months. However, if you join Proschool’s US CMA Classes, you can easily complete the course in 6 months and have sufficient time for revision.

In India, CMA USA holders can expect to start at a salary ranging from INR 6 to 8 lakhs per annum. With more experience, this can go up to INR 10 to 20 lakhs or even higher, depending on your role and the company.

CMA USA exams are held three times a year in different windows: January-February, May-June, and September-October. You can take the exams at any Prometric testing center, which is available in Mumbai, Ahmedabad, Delhi, Kolkata, Bangalore, Chennai, Hyderabad, Trivandrum & Calicut.

Yes, absolutely! You can start the US CMA right after your 12th exams and pursue it alongside your BSc or BBA. It’s a flexible course, taking about 6 months with Proschool, and is recognized globally, so you’ll be building your career while still in college.

regular college student, you can apply for a scholarship through IMA. Your college will need to email IMA to request a waiver for your exam fees. If approved, you’ll only pay the IMA entrance and membership fees, saving you the cost of the exam papers.

Yes, you can appear for both parts of the CMA USA exam together, or take them in any order. So, if you want to tackle Part 2 before Part 1, that’s perfectly fine.

Yes, the CMA USA certification is great for anyone interested in business. It combines accounting knowledge with business strategy, giving you the skills to make smart decisions, manage finances, and grow your own business.

Yes, you can! The CMA USA program is designed for flexibility, so you can study at your own pace and schedule your exams quarterly.

You need a minimum score of 360 out of 500 to pass each part of the CMA exam. It’s not easy, but with the right preparation, it’s definitely achievable!

Not necessarily. You don’t need an accounting background to take the CMA exams, but it might be a bit challenging to get familiar with the financial and accounting terms. However, with dedication and study, you can manage without an accounting degree.

If you don’t pass, you can retake any part of the CMA exam, but only once in each testing window. You’ll need to register again and pay the fees for the retake.

You have three years to complete both parts of the CMA USA exam. If you don’t pass both parts within this period, you’ll need to retake them.

CMA USA opens doors to a wide range of job opportunities in fields like financial management, risk management, corporate finance, and strategic planning. You can work in top companies, banks, or even multinational corporations in roles like Financial Analyst, Controller, or CFO.

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