USA CMA

US CMA course is recognized to be the Gold Standard in Management Accounting. It happens to be one of the top tier certifications in management accounting which can offer immense career opportunities to you. It is regarded as an advanced professional certification by which you can brush the financial and critical accounting management skills.

Thus, you can earn eligibility for holding job positions in different distinctions. You need to make intensive preparations for clearing the examination. You can earn attractive packages by choosing this US CMA course certification degree owing to which people love to opt for this certification course, over other accounting certifications. If you are looking for an ideal option for landing on your dream job, you should opt for this certification course on a wide scale.

US CMA salary in Fortune Companies

Top tier fortune companies such as Alcoa, 3M, Bank of America, AT&T, Cargill, Boeing, ConAgra, Johnson & Johnson, Hewlett Packard, Caterpillar, Microsoft, Xerox, Verizon, Saudi Aramco, Whirlpool, KeyCorp, Procter & Gamble provide different job opportunities to candidates, who passed the CMA examination with flying colors.

Pricing analysts, business analysts, Finance Manager, Senior Executive, Internal Auditor, and Financial Analyst can earn a salary of up to nine lakhs every year. You can find a rise in your salary as you are promoted to senior positions such as Senior Financial Modeling, Senior Financial Budgeting, Accounts Payable, Senior Financial Management, to name a few.

The earning power of the US CMA is consistent across regions, with the median salary and total compensation higher for US CMAs vs. non-CMAs for every region. In the Americas region, US CMAs earn a median salary and total compensation that is 31% and 32%, respectively, higher than non-CMAs. This is also consistent with prior years. In the Asia and Europe regions, US CMAs earn a median salary that is 29% and 32% higher, respectively, compared to non-CMAs. More specifically, the following job titles were more likely to be filled by US CMAs than non-CMAs: CFO (67%), controller (59%), director of financial planning and analysis (63%), and senior financial analyst (66%).

US CMA salary for the cost accountants

If you are a cost accountant, you are capable of earning the average salary of around 4.13 lakhs every year. The majority of people are eligible to move to different other job profiles once they earn an experience of more than ten years. Thus, in the SAP FICO or SAP SAP Financial Accounting field, you can earn higher pay.

US CMA salary for the financial Analysts

If you join as a Cost or Financial Analyst and you have passed the CMA examination, you are eligible to get an average salary of Rs. 6 to 8 lakhs every year as a fresher within India. Some of the departments in which you can earn amazing packages include Financial Modelling, Risk Control, SAP SAP Financial Accounting and Controlling, Valuation.

As you move to senior positions in these sectors and earn domain experience, your pay scale, as a US CMA professional, increases manifold and you can earn around 50 lakhs per annum. In Middle east countries, European countries or in the US, a CMA professional earns twice or thrice as much as their peers in India. The US CMA course is a worthy investment that not only increases earnings but provides opportunities for advancement.

US CMA Salary for CFO or Chief Financial Officer

CFO or Chief Financial officers are eligible for earning a package of around 29 lakhs every year. You can earn higher and attractive packages as you earn more experience in the relevant field. CFOs, working in Fundraising, Strategic Planning, Business Strategy, Financial Analysis, and Budget Management, are eligible for earning an average salary, in the range of 9.7 lakhs to 72 lakhs every year.

The average US CMA salary, you can earn in India depends on several parameters such as marks obtained, attempts for clearing the examination, the articulation skills, the internship, and the interview. If you do your internship from a reputed and top tier organization, you are going to earn more opportunities in the market.

You can also earn a better and attractive package if you have additional degrees such as CFA, cima. If the majority of the factors work in your favor, you are sure to earn an annual salary of 8-9 lakhs every year. If you are an AIR holder, you can get a package, up to 12-15 lakhs, even when you are a fresher. On the other hand, you will find a rise of almost 30-35%, after gaining a good amount of experience in the relevant field.

You are sure to get high-status jobs after earning more salary in the industry. If you are a qualified US CMA, you can get a package of around Rs. 3-4 lakhs every month as well. It, however, depends on the total count of clients; you are handling and how perfectly you have been handling the projects. You will earn more, as you have a higher number of clients.

Average US CMA Salary in different sectors

Startups and private companies provide a lower package, in comparison to the consulting companies. In these companies, you need to earn an average salary of almost 5 lakhs in India. Well funded startups can offer a package of Rs. 4-7 lakhs per annum. On the other hand, public sector banks can earn a salary of Rs. 6-12 lakhs every year. In the Foreign Investment banks, and Elite MNC’s, you can earn an attractive and lucrative package of around 6-8 lakhs every year.

US CMA professionals, working in Indian Investment Banks, can get a salary of Rs. 7 lakhs per annum. Top Tier consulting firms can provide a salary of up to Rs. fifteen lakhs to AIR CMA holders. They also offer 16 lakhs per annum package as the candidate can clear the US CMA examination on their very first attempt.

The trend of US CMA salary depends on the industry. For instance, in the banking sector, the average CMA salary is Rs. 5.3 lakhs every year. On the other hand, in the IT industry, the average CMA US salary is ten lakhs whereas, in the manufacturing and distribution sector, the average salary is Rs. 7 lakhs. If you can manage a job in the telecommunication industry and can clear the CMA examination at the same time, you will get a salary of up to 13 lakhs. CMA professionals working in Business Process Outsourcing or BPO sector can get a package of up to 5 lakhs.

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 CMA, US CPA 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 backup to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of the exclusive features include.

A. Authorized partner of IMA and Gleim in India – Silver Approved US CMA Course Provider by IMA

B. High pass rate of 85 %

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

D. 1:1 personal support from our 30 plus years of experienced CMA and CPA certified faculties

E. Affordable course fees

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

G. 100 % placement assistance for jobs

For more details please write us here: info@upliftprofessionals.in

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

 

The US CMA refers to an advanced professional certification which plays an integral role in brushing the financial and accounting management skills and boosting the career. If your primary career goal at this point is passing this exam at one go, you need to have a well structured US CMA study plan, tailored to meet your requirements. As you take a close look at this plan, you can set realistic goals, and pass the CMA examination with flying colors.

Take out sufficient time to study

You need to keep in mind that passing the US CMA examination is not a walk in the park. You need to dedicate several hours of your day to studies for every part of the examination. You require making hard schedules and take out time for study. Take a thorough look at your weekly activities and take out the right time for studying.

It is possible to create a CMA study plan with the aid of 2 different criteria which include

• Hour-based study plan
• Deadline-based study plan

Hour-based CMA study plan

This study plan is developed, keeping the testing date in mind and the total amount of time, you have in hand, for study. You require choosing a testing date and then draft a plan. Thus, you will make the preparations according to the time, remaining left.

 You need to take a look at the calendar and mark those days where you cannot study owing to unavoidable circumstances. Now, you need to calculate the number of hours, for which you can study every week. Next, you need to calculate the number of weeks, you require for reaching the total count of the study hours. It is essential to choose a testing date, close to the testing window so that there is sufficient time for rescheduling, as required.

Deadline-based CMA study plan

At first, you need to check out how much of the CMA study materials, you have covered. Now, you need to mark the deadline on any calendar. After this, you require marking off those specific days, on which you will not be capable of studying. After this, it is essential to calculate the total count of weeks from the specific time; you will start the studies till the deadline. Now, you require dividing the total count of weeks by the total number of hours, you should study for getting the total count of hours, you have to study every week for passing the examination.

Opt for a CMA Review Course

The first step, you need to follow for designating the CMA study plan is enrolling in the CMA review course. These courses can enhance your chances of passing the examination significantly. They contain all the core concepts, examination tips, as well as coaching support which can maximize the study time. As you enroll for them, you will get video tutorials, textbooks, and test banks along with practical examination papers. In addition to this, you will get one to one coaching which will help you in clearing all your doubts.

Developing a study plan

You can develop the study plan as per the deadline or hourly based plan, as mentioned above.

Avoid distractions

To boost your concentration, you need to cut out on non-productive activities such as social networking, watching television, or going for parties. After your regular office work, you need to study with full concentration so that you can cover the study materials within the deadline. You need to understand that the CMA exam is your topmost priority and hence you need to get rid of social obligations, happy hours with your friends, and other unnecessary events.

Assess

Spend at least 15-20 minutes at the end of the week and evaluate whether you have studied, according to the CMA study plan, you have created. Assess whether you were capable of sticking to the daily plans? With the regular evaluations, you will be capable of finding a weakness, with your preparations. This will help you to be more efficient in your studies. In case you figured out that the long study sessions were inefficient and boring, it is recommended to add more breaks.

Find motivation

At times, too much work and studies might make your life monotonous. In such cases, it is recommended to find a motivation to enhance your concentration. You might call a friend; find another co-worker, making preparations for the same examination, exchange notes with them. In addition to this, you are allowed to have a cheat day where you can enjoy some ‘me time’ and have some fun with your buddies. However, refrain from doing it too often as it might end up wasting too much of your precious time. 

By introducing small changes in your routine and be more dedicated to your studies, you can pass the examination at the first attempt. You need to keep in mind that you need to manage your study and work time effectively. Make the best use of 24 hours every week for the preparation. 

Here are some more interesting blogs on CMA:

Job Scope of US CMAs in India and Middle East

CMA EXAM PASS RATES

Uplift PRO tips to deal with CMA MCQs

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.

The main reason why people go for professional courses is to get a good job in a reputed company within the country, to get promotion in the present company, to grab an international project or to relocate to a preferred country and get a job over there.

This means a professional certification should be able to make a total career enhancement in a person’s life. The US CMA is one such life-changing certification.

There is a common question among Indian/ Asian students and professionals that how US CMA, being a US certification, will help them get a job within India?

This question naturally comes into the mind of those who are not that aware of the corporate history of the country ever since the waves of globalization swept off the Asian countries.

Statistics say, in the last one decade 99% of the MNCs and large companies started operating in India and Middle East are US based, i.e, they have either originated in the US or a subsidiary of a US parent co or raise funds in the US market, listed in the US stock exchange.

All these companies and Big 4s need to comply with the Securities Exchange Commission. All SEC complying companies require US CMA in their internal accounting, financial analysis, making price decisions, costing, budgeting and other roles.

US CMAs are recruited in different positions like Financial Analysts, Accountants till the CFO role in companies like Amazon, L&T, 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, ConAgra, Hewlett-Packard, Johnson & Johnson, Microsoft, Procter & Gamble, KeyCorp, Whirlpool, Saudi Aramco, Verizon and Xerox etc in this part of the globe.

The demand is still higher than the supply. To meet their internal needs some companies are sponsoring their employees to avail and write the CMA exams.

The certification signifies that the person possesses knowledge in the areas of financial planning, financial reporting, analysis, control, decision support, and professional ethics, the skills most in demand on finance teams around the world.

Hence a person having a US CMA qualification is considered as a professional expert in management accounting and gets recognition and respect across the globe.

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 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. 

Do you think the US CMA exam is the most difficult exam ? or  you already admit it .Are  Instead, to assist us recognize the CMA examination difficulty, we can seem to be at symptoms like the CMA examination skip rate.

The modern-day US CMA ignore charges assist us see how difficult the examination has been for previous candidates. And with this information, you can get a higher experience of how lots you want to put together to bypass the CMA exam.

Latest US CMA Exam Pass Rates

According to the contemporary percentages, the common CMA examination passing share is 45%. The Institute of Certified Management Accountants (ICMA) appears to have slowed down their launch of the CMA examination bypass quotes in latest years.

Looking at previous statistics, we can see that the ICMA used to launch CMA passing percentages for every examination phase about each 9 months. But the precise time duration for the cutting-edge CMA skip percentages (45% for Part 1 and 45% for Part 2) is unclear. We have to do the nice we can with the statistics that is given to us.

CMA Passing Rate Compared to Other Accounting Certification Exams

One of the most famous questions that’s come to our mind   : how does the CMA examination bypass price evaluate to that of different accounting certification exams?

Usually, this is due to the fact candidates are making an attempt to decide which is the hardest accounting exam, or they are evaluating whilst finding out which certification they are going to go for. It’s no longer a awful strategy, however ignore costs by myself are no longer adequate to inform you which examination is the hardest (or which one is satisfactory for you).

Contrary to popular belief, the universal CMA examination ignore charges are decrease than these of the “most challenging exams”, such as CPA and CFA. The CMA examination bypass charge is additionally plenty decrease when in contrast to some area of interest qualifications. For example, the Enrolled Agent examination omit charge is 61-86%. These facts normally shock people, considering that they anticipate the CMA to be easier, and therefore, have greater bypass rates.

Should we conclude that the CMA examination is certainly extra difficult, or are there different elements to consider? Let’s take a nearer appear at the CMA examination omit price details.

2020 CMA Exam Pass Rate

On January 1, 2020, the IMA achieved an overhaul of the examination curriculum. Consequently, due to the fact of the CMA examination changes, the variety of questions masking analytics and technological know-how considerably increased.

CMA Exam Pass Rate Analysis

Doing evaluation into the bypass charge information we have for the CMA can assist us decide patterns and additionally what elements make contributions to these rates. Unfortunately, we solely have regional CMA examination passing prices up to October 2015. But I assume this statistics can nonetheless be helpful. So, I’ve retained this breakdown of the CMA examination pass by prices breakdown via area and part. 

Part 1 Pass Rate:

From the chart it is pretty much clear that  if your native language is English or you have a risk to examine English in your united states of America (notably Europe, and to a lesser extent, Asia), you have a greater hazard of passing. Another motive the Middle East should have decrease ratings is that they lack the identical assets for learn about materials. Many candidates from the Middle East use neighborhood find out about guides that ought to be out of date. When the learn about substances are now not excessive quality, it displays in the pass by quotes of these taking the course.

I don’t have important points about the unexpected soar in the Asian ignore rate. Likely, the IMA counted the ignore fee of the neighborhood language (63%) versus the English language (56%) amongst Chinese candidates or the weighted common figure. They represented the sizable majority of Asian candidates in 2015. How a lot does language truly have an effect on the CMA rankings and omit fee statistics? This is some other vital thing to reflect on consideration on when we have a look at skip costs .

Part 2 Pass Rate:

The records exhibits that the pass by charge of Part two all through this time length was once significantly higher and even extra extensive in the non-English speaking regions.
Reasons for the discrepancy between Part 1 and Part two skip fees can also consist of the truth that many candidates take a seat for Part 1 first and, as we can see, many candidates fail. Therefore, Part 1 appears to weed out the less-prepared candidates. The candidates who go on to take Part two have been well-prepared for Part 1. And, now that they are greater acquainted with the exam, they are even extra organized for Part two You can take the examination components in any order, however beginning with Part 1 is popular, and that can also be partly why its omit charges are lower.

Another possible purpose for Part 2’s omit price success is the truth that Part two exams candidates on a narrower vary of topics and, consequently, requires a bit much less instruction than Part 1. Part 1 covers a extensive scope of subjects and can, therefore, be extra tough for some.

Tips from CMA US exam pass rate

Before you let these low ignore prices scare you away, let me provide an explanation for some different vital important points about the CMA exam. These matters have an impact on the skip costs and it is necessary to how you view them. Let’s explore.

1. First, whilst the Institute of Management Accountants (IMA) welcomes CMA candidates from all over the world, the examination layout is U.S.-centric. Candidates backyard of the U.S. can also now not be acquainted with the terminology in the multiple-choice questions, and if their native language is now not English, scoring nicely on the essays can be pretty challenging. We outlined some methods this affects the pass by fee above.

2.Second, the IMA lets candidates with simply about any kind of bachelor’s diploma take the CMA exam. It is no longer precise to accounting diploma holders. In contrast, CPA Exam candidates should take a great quantity of accounting and enterprise courses.

Ways to Increase Your CMA Exam Passing possibility

To supply your self the pleasant threat at CMA examination success, you have to assessment utterly and find out about well. You can examine precisely how to do that in my remaining CMA examination prep guide, which consists of 50 actionable pointers to assist you nail the exam!

Another way to make sure that you have the whole lot you want to pass by the examination is to use CMA examination prep. You can examine all about the most famous guides and get my recommendation on which ones to have confidence in my CMA assessment path comparison.

Exam Tips for CMAUS exam

To make certain you skip the CMA examination components 1 and 2, you want to find out about properly. As I stated above, one purpose for the low CMA ignore quotes is that humans certainly did no longer put together for the examination properly. They might also have been instructed it used to be the simpler exam, or they may also have simply dropped into it on a whim, except lots training put into it. Furthermore, they should have taken the CMA examination when they have been no longer an accounting important and besides doing the acceptable lookup to make sure they passed.

You don’t have to be a statistic. When planning your find out about for the CMA, right here are some tips:

1. Decide which phase you are going to take first. There are two components to the CMA examination and you don’t have to take them in order. Some human beings pick out to take Part two first, due to the fact that it tends to be easier. Once you comprehend which phase you are taking first, you can commence to learn about that part.

2.Choose which examination window you are going to check in. There are solely three instances of the yr that checking out home windows are open: Jan/Feb, May/June, and Sept/Oct. You will want to agenda your examination for one of these windows.

3.Create a stable learn about plan. I talked above about the use of find out about courses and evaluation courses, however even the quality publications are solely as excellent as you enable them to be. It’s imperative you make a find out about design and then stick with it consistently. 

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 US CMA course 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 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. New US CMA batch to start soon.

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Today’s dynamic companies require state of the art financial management skills like a professional CMA certification.

A CMA certification is the gateway of your sojourn towards a top level management position.

So how to pass the CMA exam in 1st attempt? Let’s see some thumb rules to handle it.

1)Feasibility of a viable plan: To minimise lag and to cover all the relevant components, one need a well devised plan which is Time bound, Relevant, Achievable, Quantifiable and Specific.

2) Amalgamating in a real-time testing ambience: To overcome the exam stress, you have to equip yourself with real time practise under suitable supervision. Since everything in the course content is important, one has to develop the understanding of accounting principles and concepts to tackle the indirect presentation of questions.

3) Brain storming sessions: To highlight the question prone areas of the book with the use of marginal notes and flash cards for easy access. Another approach is to make a strength weakness analysis( SWA) I.e. which method suits you : Audio, Visual or the bodily/corporal i. e kinesthetic way.

4) Definitions and Terminologies: MCQs demand elimination through the knowledge of essential concepts, definitions and alternate terms. Particularly, one has to pay heed on the terms put as statement in questions. Correct answer need to identify difference in words that changes the meaning significantly. So it is advisable that one should not be in hurry to choose an answer at first go.

5) Knowledge based guess: To refine skill, educated guess is often required for certain sets of question which sometimes appear as not seen before and you need calculated guessing skill to tackle those questions. This knowledge based guessing skills can only be acquired through practise sessions under quality guidance.

Inclusively, to crack the CMA (US) exam at first attempt, apart from sliding through the key phrases or statements, one require incorporation of above mentioned points too.

If you have read this to the end and if you have the zeal to be CMA certified, here is Uplift PRO to help you out in every aspect with passion and integrity. So come and join us for a bright career in finance and accounting.

Greetings in advance.

For more details, mail us at info@upliftprofessionals.in

OR

Visit our CMA page: http://upliftprofessionals.in/CMA-USA.html