USA CMA

As you come out of an US CMA course examination Centre, everyone discusses how the exam went. You either participate in the discussion since you have performed well in the exam or just avoid the conversation because you know the fact that it was a disaster.

Failing an exam is a painful feeling knowing the fact you have spent the amount of time and money to prepare for it.  But if you are really serious and focused on clearing the exam, you need to overcome the failure and keep moving ahead till you succeed.

If you fail your US CMA course exam you are left with 2 options, the first option will be to get better and re-appear for the exam since you are already a registered member on IMA US. You have paid your membership fees

The second option will be to quit. Now, quitting the US CMA course exam is not the solution since you have already invested on time, money, and effort into it. You now have the advantage to prepare once again with more dedication and confidence and retake the exam.

Not earning the US CMA designation will be an unproductive decision. If you need more motivation to get back to your track just remember the reasons for doing the US CMA course certification.

In this article, we shall discuss the points of what if you fail the US CMA course exam and how you should prepare well to succeed.

Now let us understand the common reasons why people fail their US CMA course exam and how to overcome them:

Top reasons why people fail in US CMA course exam

1)  Lack of study time

While preparing for the US CMA course , you will have to balance your professional and family schedule. If you are lacking sufficient time, then you will have to sacrifice certain activities in your life till you clear the exam. Try waking up early in the morning to study. If required, set your alarm clock in the morning for an hour.

Time management is a key factor for the US CMA course exam success. Make sure to read the textbooks and work on test banks especially on your problem areas until you get high scores every time you practice. Do not skip any content. Make sure to choose a suitable study environment.

2) Inadequate study effort

The most common reason for failing the US CMA course exam is not studying efficiently. You need to question yourself whether you have put in sufficient effort to prepare well. Understanding the concepts and texts halfheartedly will never give you positive results.

Achieving the US CMA course certification is challenging but it is definitely PASSABLE. You cannot allow the temptation to prevent you from earning the US CMA designation.

Minimum of 3 hours of study hours are needed to prepare well for the exam. Your preparation must include: reviewing the textbooks, solving more questions in both MCQs and Essays, watching videos for a better understanding of the concepts.

Incase you missed on how to choose the best US CMA coaching center. continue reading..

3) Unclear conceptual understanding

Another possible reason for failing the US CMA course exam is not reviewing the US CMA materials thoroughly or too complicated to understand. Reading materials or practicing questions is not the best way for you to learn then find other alternate ways to study.

It is always advised to watch video lectures on US CMA course, refer to flashcards or digital study planner. Choose a course provider with the largest test banks and comprehensive materials. The adaptive learning method will help you to focus on the important areas of the topic.  

Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro

Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of our exclusive features include.

A. Authorized partner of IMA US CMA course in India

B. Live online classes ensuring that the regular office working hours is least impacted

C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. We have a pass rate of 80% in US CMA course exams

D. Affordable US CMA course fees with special discount in your IMA fees. 

E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

F. Comprehensive coverage of US CMA course details including authorized GLEIM CMA study materials , class mock session,  IMA registration and job assistance.

Request for Live Demo class / contact at +91-8787088850 to book your seats now. New US CMA batch to start soon.

For additional reading on US CMA course details. Please click here

2020 has shown us wave after wave of lay-offs and long lists of death counts and has made us face the struggle of tough survival.

If the survivor in you is convinced that only the fittest will survive in the corporate jungle of the ‘new-normal’ era and the school of conservative thoughts is not going to help you much in the days to come, take a deep warm dive into US CMA course.

US CMA, as it is an internationally acclaimed qualification, isn’t easy because if it was easy you won’t be valued being a US CMA . But is isn’t a rocket science or covid19 vaccine too.

Its achievable within a span of 6 to 9 months if you are committed and you have mentors like Professor Moosal Kazim, Prof Ganapathi Subramanian, Prof S. Ramchand, Prof Bala Salgundi who were not only Toppers by themselves but helped hundreds of US CMA, US CPA course students pass their exams with flying colors for more than a decade or two.

It is a TEAM of senior mentors who will be working with you and for you towards your goal in a live interactive manner in and out of the online classroom.

Guidance of these bonafide professors, International Branded Books, Unlimited Live Online Lectures and Free Recordings, IMA US concessions aided by competent Admin support, the Mocks and personal access to faculties, the quality and discipline made Uplift Pro the most dependable US CMA exam support provider of the continent within quite a short period. See what our students and passed out US CMAs say about US CMA and Uplift at www.upliftprofessionals.in/CMA

Incase you missed on how to choose the best US CMA coaching center continue reading.…

Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro

Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of our exclusive features include

A. Authorized partner of IMA US CMA course in India

B. Live online classes ensuring that the regular office working hours is least impacted

C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. We have a pass rate of 80% in US CMA course exams

D. Affordable US CMA course fees with special discount in your IMA fees. 

E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

F. Comprehensive coverage of US CMA course details including authorized GLEIM CMA study materials , class mock session,  IMA registration and job assistance.

Request for Live Demo class / contact at +91-8787088850 to book your seats now. New US CMA batch to start soon.

For additional reading on US CMA course details. Please click here

Are you a finance professional wondering about the US CMA salary range of an US CMA ? The 2020 IMA Global Salary Survey collected data from over 4,000 IMA members in 80 different countries. This year, 47.6% of the responses come from China, 28.1% from the United States, 4% from the United Arab Emirates, and the remaining 20.3% were split among the remaining 77 countries.

The figure below from IMA represents the median income for countries with at least 1% of survey responses.

Positions held by US CMA/CMA s

Across respondents, all sizes of organizations were represented equally. Respondents from organizations with 99 or fewer employees represent 24.2%, respondents from companies with 100 to 499 employees make up 25.7%, 27.3% are employed with organizations with 500 to 4,999 people, and 22.7% work for companies with 5,000 or more employees.

This reporting shows that US CMA/CMAs are valued for their expertise in any size organization and at every level. Over 70% of respondents agree that achieving the CMA provides them with career opportunities.

US CMA/CMAs ages 20-29 who also hold senior management positions reported earning 100% to 107% more than their uncertified peers in median salary and total compensation, respectively.

This shows that even for younger accountants, the US CMA course/ CMA is a worthy investment that not only increases earnings but provides opportunities for advancement. In fact, of the respondents who hold top management or senior management positions, a majority are CMAs.

US CMA/CMAs are also more likely to hold specific prestigious positions such as CFO, Controller, Director of Financial Planning and Analysis, and Senior Financial Analyst. Over 60% of the respondents who held these positions were CMAs.

Median CMA salary by region

Across all management levels, US CMA salary is more than their peers, especially in senior management positions, where they make as high as 58% more in total compensation.

Gender pay gap among CMAs

In the 2020 IMA Salary Report, 50% of all respondents were women. This is up by 10% compared to the 2019 report, leading to larger variations in the wage gap reported. The Americas remained mostly unchanged with a total salary gap of 86%. The Middle East/Africa/India region (MEAI) had the highest increase at 22%. However, Europe and Asia increased only slightly by 7% and 3%, respectively.

The good news is that younger accountants are continuing to start their careers on relatively equal footing regardless of gender, while the older age groups still show the highest disparities in pay. This is especially true in the MEAI region, where the total compensation for women was actually 62% higher than men in the 20-29 age group, while those ages 40-49 made 59% less than men.

With the recent spike of entry-level women CMAs, we can expect the gender wage gap to slowly decrease as they rise within their respective organizations.

Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro

Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of our exclusive features include

A. Authorized partner of IMA US CMA course in India

B. Live online classes ensuring that the regular office working hours is least impacted

C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties

D. Affordable US CMA course fees with special discount in your IMA fees. 

E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

F. Comprehensive coverage of US CMA course details including authorizedGLEIM CMA study materials , class mock session,  IMA registration and job assistance.

Request for Live Demo class / contact at +91-8787088850 to book your seats now.

 

In the last quarter pass percentage of the US CMA exam is 45% for both P1 and P2. If you fall under the rest 55%, the US CMA course Performance Report will be instrumental to rectify your limitations.

The performance report is broken down into the same content areas as the Content Specification Outline, the outline used to explain what is on the exam. The report lists every content area and assigns each a “Descriptive Level” that indicates your performance.

There are three Descriptive Levels: Satisfactory (S), Marginal (M), and Unsatisfactory (U)

“S” is the strongest score you can receive. It doesn’t mean that you didn’t make any mistakes, but rather your understanding of the content area is well developed. If you sit for the US CMA course exam again, light review of this material should be sufficient.

“M” indicates a score that is barely passing. You likely understand the general concepts but struggle to apply them at a higher level. Read through any relevant outline material and test yourself frequently with practice quizzes.

“U” covers a very wide range. You could have received a U because of an off-performance day (perhaps you didn’t get enough sleep the night before or had some test-day nerves) and missed Marginal performance by a question or two. You could also have missed them all (but probably not!). If you receive a U on a content area, you will need to prepare a robust study plan and stick to it.

Candidates who fail an exam part will receive a Performance Report via email from Prometric approximately 14 days after exam results are posted. If you have to retake an exam part, you will know what to study.

NOTE: While the performance report will help you determine your weak areas, you want to make sure you review everything. Remember, you are not trying to “make up” the remaining points; you’re going to sit for the exam again, which means you need to maintain your mastery of topics you know well and improve across all others. The report should help refine your review, not dictate it completely.

Share your performance report with the team of expert mentors at Uplift PRO and they will judge your strengths and limitations before suggesting your next study pattern and strategically ensure your success in the next exam window.

Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro

Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of our exclusive features include.

A. Authorized partner of IMA US CMA course in India

B. Live online classes ensuring that the regular office working hours is least impacted

C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. We have a pass rate of 80% in US CMA course exams

D. Affordable US CMA course fees with special discount in your IMA fees. 

E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

F. Comprehensive coverage of US CMA course details including authorized GLEIM CMA study materials , class mock session,  IMA registration and job assistance.

Request for Live Demo class / contact at +91-8787088850 to book your seats now. New US CMA batch to start soon.

Finance is a critical part of our day to day life. Whether we are fulfilling our professional commitments or personal, finance finds its way into it. The importance of finance in a company is to make sure the business operates smoothly and to secure funds for the long-term goal. Finance professional’s play a vital role in any business. They analyse revenue and expenses in order to make an effective use of the company’s capital. They also provide advice to the management about project investment, planning the company’s budget and structure acquisitions to help companies grow.

Now, let us look at the common areas/ positions of Finance: Finance Analyst, Finance Executive, Chief Financial Officer, Finance Manager, Risk Analyst, Finance Director. 

Among all the Financial positions, “Financial Analyst” is the most popular career path. A financial analyst can work in junior as well as senior position within a company.

Who is a Financial Analyst?

A financial analyst runs a business on the basis of analysis. Being an analyst, they interpret data and recommend strategic decisions to the management on the basis of the data collected by them.  They also create a financial model to predict the outcome of the business decisions. The role of a financial analyst differs depending where it works. For an example within an investment bank, a financial analyst focuses more on business collaboration. The day to day activities of a financial analyst depends on the company where he or she chooses to work.  A financial analyst needs to be aware of the latest improvements and prepare financial models considering the developments in order to predict the present and future economic conditions.

Education required to become a Financial Analyst

A minimum bachelor degree preferably in finance is required for a financial analyst. One needs to have a strong understanding on subjects like: accounting, economics and statistics. Analyst who wants to earn a lucrative package and wants to enjoy greater opportunities might consider pursuing a professional accounting certification like : MBA, CFA or the US CMA. Advanced learning makes them more potential and mobile.

To become a successful financial analyst, one has to be motivated and must have confidence in their judgment.

Financial Analyst: Career Path

Working as a financial analyst is a very exciting career. As analysts they need to perform detailed financial modelling and work closely with the CFO to execute effective decision-making. A financial analyst enjoys faster growth than an average finance professional.

A career as a financial analyst offers job security, potential to earn more and opportunity to define the finance industry. The average financial analyst pay scale starts from INR 5 lakhs per annum plus perks and other benefits. With experience, when an analyst moves to a senior position the pay scale increases to INR 8 – 25 lakhs .