USA CMA

In general, the idea to restart college or university education for academic or professional certification while working a full-time job can be intimidating. Tackling a full-time job and registered academic activities (US CMA, CPA US course, US CIA course) at the same time requires a synchronized good level of planning and prioritization.

While some students would choose not to work while advancing their education, there is quite a good number of students too who are balancing a job while studying for a degree. Among various reasons money is key in general. Studying while working gives the confidence that one requires to have financial control as a student. In parallel, the professional qualifications that one can obtain over time will give a boost to kick start a desired developing career.

Is it possible to work full-time and study full-time? Sounds crazy right? Like a recipe for complete, flaming burnout, followed by dropping out academia. It seems only crazy people would try to work and study full-time.

Believe it or not, many people have very successfully managed both at the same time. These are not crazy. They have friends and a social life and even families. They didn’t burn out or go off the deep end. So how did they do it? Did they discover some method of slowing time which allowed them to move between locations rapidly? Not at all. They appear smart and disciplined and do use some very specific methods.

You can do it too if you desire so. If you’re unwilling to let anything block you from achieving your career and educational goals, the best thing you can do is learn from those who have walked the path before you. That’s why we canvassed a number of working professionals who experienced the pressures of working full-time while pursuing a professional course like US CMA, CPA US course and US CIA course.

Based on that, here are certain tips for working and studying full-time simultaneously for courses like US CMA, US CPA, & US CIA without going completely crazy.

1. Effective Planning

At the start of scholastic session, get all your syllabus and record all the examination schedules along with the deadlines for the papers required. Use a different marker for each of your classes (US CMA, CPA US course and US CIA course) to see easily when these due dates are coming up for every course.

Likewise, make sure to mark any company meetings or work deadlines you may know of in your planner. So, prioritizing and planning is your best protection against deadlines creeping up on you.

2. Intimation/Updating Your Office Superior

This is a crucial step through which you can assure your employers that you can manage your work schedules despite your study schedule. It is also a way to get their attention, and consider you to be really eager to work for them.

If possible, sacrifice holidays and breaks to show that you are serious about your job. If you prove your dedication, it will be easy to negotiate with them a more study-friendly schedule.

3. Productive Time Management

It is a general notion that If you are studying and working at the same time, it may seem that you have no free time at all. However, it’s important that you use the free time that you do have constructively as this will help you balance your day job and your course work ( like US CMA, CPA US course and US CIA course) more effectively.

For example, you can read a book on the way to work or else, can use a few minutes of your lunch or break time to study. Scheduling study time is the first step, but it’s also essential that you stick to it. This means you’ll have to say ‘no’ to certain things. Setting clear expectations with your friends and family upfront is usually the best way to go. They could become your biggest cheerleaders — offering encouragement and even practical help.

4. Consider online courses

There are thousands of courses and degree programs that are affordable and available online. Many of the top Institutions offer flexible programs that allow you to complete your degree on your own time, while still interacting with peers and professors.

As for example, Uplift Professionals, a premier institute for international professional finance courses offer live online classes like US CMA, CPA US course and US CIA course, after working hours and weekend classes too.

5. Stress Management

Having a heavy work schedule and studying will inevitably cause you to stress out every now and then.Therefore, you should be able to handle your stress in a positive way.

Exercise at the gym or go for a walk a couple of times a week, because physical exercise is an effective stress reliever. You can listen to music, write in a journal, have a massage, visit the salon, etc. Try to devote at least 30 minutes of your day to doing something you enjoy as a way to reduce stress.

6. Avoid Exhaustion

Be realistic about the time you need to spend studying and work. If you think you can only take one study course at a time together with your workload, then focus on that course.

For example, if you are studying to become an accountant you may want to take the AAT course first before you look at other options. If you work full-time, determine exactly how many classes you can take for every section.

Having a full-time job in any industry can have its challenges and expectations. If you add education to an already busy schedule, it will just increase the amount of pressure.

It has to be kept in mind that you should not exceed your carrying capacity while balancing your job and study.

7. Proper Food Intake

A hectic day at work requires endurance and focus. It means that you cannot let yourself go 8 to 10 hours without eating a healthy meal.

Take care of your body and it will also take care of you. Avoid eating foods that are high in saturated fats and calories, such as pastries, cakes, pies and meat products in order to address your hunger pains. This can contribute to the increase of your cholesterol levels, affect your metabolism and increase your weight.

8.Sleep Properly

Proper sleep is very crucial if you want to balance your job and study. You can wake up at 5 a.m. and study for about an hour, rather than burning the midnight oil, then go back to sleep until 7 a.m.

You should wake up feeling reasonably rested. Doing this is much better than waking up and feeling tired from staying up half the night.

In addition, you should take breaks when you are studying, especially if you are feeling worn out. In any case, working or studying for too long can reduce your performance.

9.Technological Assistance

Class notes are essential. In spite of this, many students do not know how to take down notes properly. Avoid jotting down every single word, as this will just get you far behind and miss out on important details.

Find your own way of abbreviating words and phrases, so you can keep up with your teacher. Take advantage of the technology today and use the necessary study apps. There are plenty of programs available that help students with every aspect of studying.

10.Make your Study Area Comfortable

With regards to the ideal place and time to study, everybody has their own idea. Whether it is at the library after school, at a quiet coffee shop or your bedroom at night, find your study area and a suitable time for studying that will work for you. Make sure you stick to it.

The place you opt to study is equally as important as the way you study. Remove any distractions such as turning off your phone. Have everything you need once you start, so you do not need to stop just to look for a pen.

11.Improve Your Reading Speed

Perhaps the greatest challenge when studying and working full time is keeping up with all the reading. It’s not uncommon to be loaded down with hundreds of pages each week, and with time at a premium it’s tricky to get it all done.

One specific technique is to improve your reading speed. Most people don’t realize that they read quite slowly and have much room for improvement. By implementing a few simple techniques, you can dramatically increase both your speed and comprehension.

11. Utilize Vacation Period

Depending on your job, you may get longer vacation periods such as during the summer or the holidays if any.Take advantage of these breaks to get more studying done than normal or to even get ahead.

Some colleges even offer accelerated courses during vacation periods or between semesters. Taking these accelerated courses allows you to get credits at a much more rapid pace.

12. Maximize Every Spare Minute

There are numerous times throughout the day when you have spares minutes. When you’re waiting at the doctor’s office, standing in line at the grocery store or waiting to pick up your child from school. These moments can easily be turned into micro study sessions.

Some simple ways to do that are:

A. Carry flash cards with you everywhere. If you don’t want to carry them around, snap photos of them with your smartphone and use those to study.

B. Utilize your smartphone.

C. Download any relevant apps that can help you study.

D. Find YouTube videos and watch them on your smartphone.

Don’t underestimate the power of small moments. A few minutes here and there quickly adds up to hours.

13. Practice Multitasking

Trying to multitask while you’re studying is a bad idea. It’s difficult, if not impossible, to focus on two things at once. However, there are many “non-brain” activities you do throughout your day, such as cooking, working out, bathroom breaks (seriously) or yard work.

Use these activities to get in extra study time. Keep a stack of flashcards near the bathroom. Listen to audio lectures while at the gym. Work on term memorization while cooking dinner.

To the point above, small moments add up. If you can’t find large, uninterrupted blocks of study time, pile small moments on top of each other.

Summary

It is obvious that there are some definitive benefits of working while you’re getting an academic or professional credentials like US CMA, CPA US course. Among the most important you’ll be earning a paycheck.

Additionally, the structure provided by balancing two or more schedules may actually help you be more productive generally. However, working while pursue a study can also be challenging, and can prevent you from fully devoting yourself to your studies.

Fortunately, following the above steps you can take to find the perfect balance of working and studying simultaneously in a meaningful manner.

Higher Studies in Professional Accounting

A.US CMA

US Certified Management Accountant (CMA) or US CMA course is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.

The CMA is a US based, globally recognized certification offered by the Institute of Management Accountants (IMA US). IMA US has a legacy of more than 100 years and as of date the membership of US CMA certified candidates is more than 1,40,000 across 150+ countries.

Earning the US CMA can give you the career boost as they have an excellent rate of absorption all over the world.

B.US CPA

CPA stands for Certified Public Accountant and is offered by American Institute of Certified Public Accountants (AICPA).  In India, a CPA US holder is considered as equivalent to the Indian CA.  Since US CPA course has worldwide acceptance, its scope is not restricted to one particular country. Hence a US CPA holder has plenty of job opportunities worldwide. The attractive part of the course is that it can be completed in a year. 

C. US CIA

The US Certified Internal Auditor (CIA)qualification is considered as the hallmark in the domain of Internal Auditing worldwide. The US CIA Course is the primary professional designation offered by The IIA (Institute of Internal Auditors).  Attaining US CIA qualification will help the professionals to fast track their auditing career to the next level.

Choose the best US CPA and 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 course, US CIA course 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

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 US CMA, US CIA Course and CPA US course 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

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

It is quite evident that we are yet to break the shackles of covid pandemic across the globe which is still a matter of concern to go physically to a prometric centre to write your forthcoming US CMA exam. In addition, many of the prometric centres are still closed. Evaluating the crisis, ICMA has emerged with a remote testing option initiative which have a major beneficial impact on the flexibility of US CMA exam takers.

Let’s get you through all the modern advancements IMA has brought for the US CMA aspirants. Apart from the in person testing, in the Jan/Feb 2022 exam widow period, ICMA has come out with a new remote testing option through Prometric’s ProProctor^TM services starting on January 18, 2022. ProProctor gives you greater flexibility to choose where to test, when to test, and how to test. It is a reliable, convenient – yet secure – testing experience.

What is Remote Proctoring?

Instead of going to a computer testing center, Prometric offers the opportunity to take your US CMA exam from your home or other quiet workspace using their ProProctor software. You will take your exam under the supervision of a live proctor via a video link.

Remote proctoring is an exam delivery method that allows candidates to take the US CMA exam from home or a location of their choice, rather than at a Prometric test centre. Prometric, will administer the exam to candidates through the ProProctor remote assessment platform versus testing at a Prometric test centre.

The security process and candidate check-in procedures are comparable to the test center. Prometric live Proctors monitor the candidate test session through audio and video throughout the exam.

The Technology and Area Requirements

Prometric, the ICMA’s testing companion, works with the ProProctorTM remote testing device to give exams using remote proctoring. It is feasible to take the US CMA exam in the English language US CMA exam at a spot outside of the Prometric Test Centre by borrowing remote proctoring. If you are in a region that is competent for this service and your test location and equipment meet Prometric’s criteria, it is apparent to take this test.

The Difference between taking the exam at Home/ Office and taking it a Prometric test centre

The Prometric test centre is like a “Brick & Mortar” location, a physical location responsible for a compatible testing environment. In contrast, the remote proctor testing security procedures match the level of scrutiny you will experience at a Prometric test centre, and the exam interface is the same. However, while the test centre is responsible for a compatible testing environment, it is the candidate’s responsibility to ensure a distraction-free environment when taking the exam at home/office.

How to Sign up for Live Remote Proctoring?

If you are interested in live remote proctoring, you can follow the directions found in your Scheduling Authorization or go to your exam’s Prometric webpage and choose the “Schedule” link under “Remotely Proctored Exam.” It is recommended that candidates interested in remote proctoring first read all of the information provided by Prometric to ensure a smooth testing experience.

Exam workspace look

1. Your room/work area must be indoors, well lit, free from background noise and disruptions.

2.Your work area must be free of pens, paper, electronic devices, etc. There should be no content that could potentially provide an unfair advantage during your exam, including anything posted on walls or elsewhere in your work area.

3.Make sure to clear your workspace and put away all personal items.

4.Your proctor will ask you to scan your room/work area with your webcam/laptop to check for any security risks.

5.Be sure your workspace is free of books, paper, and general clutter.

6.It’s recommended you cover dressers, bookshelves, and any other large electronic equipment or furnishings that is in your workspace.

Be aware: Your exam will be terminated, and results invalidated if any other person walks into your work area/room during the exam.

Things to know before taking the remote testing exam

A. Before you schedule your appointment, please read the ProProctor User Guide. Full directions and rules for live remote proctoring will be found there: https://www.prometric.com/proproctorcandidate

B. You will need to download and install the ProProctor software to your computer prior to your exam appointment.

C. You will need to present your valid, government-issued, photo ID.

D. It’s highly recommended that there is no additional load on your wifi connection from other users such as streaming videos, music, or games. Lack of signal strength may cause you to lose connection.

E. If you are able to use a wired connection to the internet, rather than wifi, please do so. A wired connection to the internet is generally more stable.

F. Candidates who are unable to connect to the exam or unable to finish the exam due to internet connectivity issues will be counted as no-shows. These candidates will forfeit their exam fees and will need to reapply for the next testing window.

G. Please be sure to perform any Windows or OS updates before your exam appointment.

Technical Requirements

It is recommended that candidates use a computer using Windows 8.1 or higher or Mac OS 10.13 or higher.Technical requirements may change, please see https://www.prometric.com/proproctorcandidate  for the most up-to-date requirements and a short video on what to expect during your remotely proctored examination.

Candidates should not use work computers, as system security and firewalls may prevent you from connecting to the ProProctor system. Candidates also need to download and install the ProProctor Software before their appointment.

System requirements for remote proctoring

To qualify for remote proctoring, you will need a fast and reliable internet connection and a computer or laptop that meets these minimum technical requirements:

·        Screen Resolution: 1024 X 768

·        Operating System: Windows / MacOS

·        Web Browser: Latest Google Chrome

·        Webcam Resolution: 640 X 480p (if not using a laptop, a portable webcam is required)

·        Microphone: Enabled

·        Download Speed: 500 Kbps

How to check/ change the screen resolution to 1920 x 1080?

For Windows computers:

·        Click on the Windows Start button in the bottom left corner.

·        Click on Settings (the gear icon).

·        Click on System, which should populate the Display setting.

·        Scroll down, and under Scale and Layout choose 1920 x 1080 for Display resolution.

For Mac computers:

·        Open System Preferences and click on Displays.

·        Hold down the Option/Alt key while simultaneously clicking on the radial button next to the ‘Scaled’ option under Resolution.

·        This will reveal all available screen resolution options for your display. Choose 1920 x 1080.

How do I check if my computer meets the system requirements for remote proctoring?

Before applying to take the exam remotely, you are advised to run the System Readiness Check. The results will help you to determine if your system meets the minimum technology requirements and if your operating system is compatible to install and run the ProProctor application. The system check can be conducted at any time at https://rpcandidate.prometric.com/Home/SystemCheck

What are the test requirements for a home or office setting?

Your remote testing environment must meet the following requirements during the check-in process with a Prometric Readiness Agent:

1.The testing location must be indoors (walled), well lit, free from background noise and disruptions.

2. No third party may be present in the room or enter the room for the duration of the exam. If this occurs, the Proctor will terminate your exam and/or invalidate your results.

3. Your workstation and surrounding area must be free of pens, paper, electronic devices, etc.

4. No content that could potentially provide an unfair advantage during your exam, including that posted on walls or within your immediate area, should be present during your exam session.

5. Regulations allow two tissues at the workstation, but the Proctor will inspect the tissues prior to the start of the exam.

What should you expect on test day? What is the remote candidate check-in process?

I. During the check-in process the following self-service steps will occur:

·        The ProPoctor system will prompt you to capture your image.

·        The system will prompt you to capture an image of your government-issued ID.

·        The system will prompt you to read a checklist to ensure the following is in place before meeting with a readiness agent

·        Clean workspace

·        Environment suitable for testing

·         Environment, clothing, and devices are compliant with security requirements

II. You will meet the Prometric exam proctor who will guide you through three security checks before launching your exam:

1. ID Verification -Your proctor will confirm your name, address, and exam details with you via video chat.

2. 360˚ Environmental Check-Your exam proctor will ask you to provide a 360° view of your environment using your webcam and also will ask you to scan your work surface using your webcam.

It is strongly recommended having a medium-to- large mirror during your environmental check. During this step, the proctor will ask to inspect things such as bookshelves, wall hangings, electronic devices such as televisions. (*It is recommended to have a large bedsheet or linen available if asked to cover any area of clutter*)

IMPORTANT: Do not have your laptop connected to a docking station anytime during the setup of your exam. This can cause connectivity issues. Make sure to clear your workspace and put away all personal items.

3. Candidate Person Check- The proctor will ask you to stand up to do a scan of your person. This scan will include – but is not limited to – conducting a sleeve, pocket and glasses check. Additionally, you will be asked to turn all pockets inside out. Remove large jewellery items from your person prior to and throughout the duration of the exam.

IMPORTANT: In order to expedite the check-in process, please remember to empty your pockets prior to the visual check.Prometric’s “What to Expect” video provides a summary of the information as does  https://www.prometric.com/proproctorcandidate.

What to do in case you experience a disruption to the exam due to internet connectivity?

If you are still connected to the internet, the live Proctor will attempt to reach you via chat or audio to troubleshoot the problem. Once connectivity is re-established, you will follow the candidate check-in procedures for starting the exam.

In case you get disconnected from the internet, do the following:

1.Wait for 3-4 minutes post disconnection.

2.Reboot your desktop / laptop.

3. Run the system check and ensure all the checks pass.

4.Re-launch your exam using the “Launch exam” button on the top. You must go through the whole check-in process again, however your exam would start from the point where it was disconnected. Lost time cannot be recovered.

5. If connectivity cannot be re-established due to an unstable or lost internet connection, the exam will be terminated. Candidates can report the issue to Prometric. Upon review and approval, candidates may receive one opportunity to retake the test again remotely or at a test centre (based on appointment availability).

Having a stable internet connection

1.Identify the place in the house where Wi-Fi is strongest and test there. It is recommended to use direct hardwired internet connection instead of Wi-Fi.

2.Do not have other family members using up internet bandwidth with Netflix, social media, etc.

Will the Proctor be visible on computer during the exam?

The live Prometric Proctor will monitor the candidate throughout the examination, but the candidate will be unable to see the Proctor during the exam. However, the Proctor can be contacted at any time via chat. When necessary, the Proctor can also contact the candidate by chat or audio.

Can one use a tablet, notebook, or smartphone to take the remote proctored exam?

No, candidates must use a computer to complete the exam via ProProctor. Hybrid tablet/laptop devices such as the Microsoft Surface are not compatible with the ProProctor application.

What is allowed and not allowed in my testing area?

A. Unauthorized personal items may not be accessible while testing. Such items include, but are not limited to outerwear, jewelry, hats, food, drinks, purses, bags or briefcases, notebooks, watches, cell phones, electronic devices, or wearable technology.

B. Test at home policies prohibit eating, drinking, smoking, and chewing gum during the exam. Proctors also restrict candidates from taking written notes or using published materials and other testing aids during the exam. A virtual whiteboard is available for taking notes. No physical scratch paper, pens, and pencils are permitted for note-taking.

C. Candidates must hang light clothing items they remove for comfort such as sweaters, suit jackets, scarves, etc., on their chair. They must not place the light clothing in laps or on the workstation desktop. Proctors restrict candidates from maintaining outerwear such as heavy coats, parkas, raincoats, etc., in the immediate testing area.

D. Policies prohibit candidates from changing location while testing, turning off lighting or audio, or speaking to or receiving aid from other individuals.

Can one take breaks during the exam?

Yes, due to the length of the US CMA exam, you are allowed to have one optional scheduled 20-minute break between section one (1) and section two (2) of your exam. Candidates are able to take unscheduled breaks at any time during the exam session. Please note that the exam clock continues to run during the unscheduled break.

To begin your break, you must notify the Proctor before leaving the view of the camera. Failure to notify the Proctor prior to taking a break will result in termination of your exam session. When you return from break you must perform the same security check-in routine administered at the start of your exam.

IMPORTANT: The security check in routine takes about 10-15 minutes!

● Note that the internet connection in some nations and portions within countries may not be smooth enough to perform the exam remotely. Local technology and firewall problems may make it riskier to test using a remote proctor. You are credible for assuring that you meet the technical requirements and testing your internet connection.

● A tablet or smartphone is not friendly with the ProProctor outlet.

Rescheduling the Exams

To shift from in-person proctoring to remote proctoring, you must

● Suspend your current session.

● To plan, go to prometric.com/icma

● Choose “Reschedule/Cancel” from the “Actions” panel

● Lastly, select “Schedule” from the “Remotely Proctored Exam” menu.

NOTE- There may be a rescheduling cost implicated in this procedure.

Remote Testing for US CMA Exam FAQs – IMA

Remote proctoring is an exam delivery method administered by Prometric, ICMA’s test administration partner, using its ProProctor™ remote assessment platform.

Remote proctoring provides you with the option of taking the English language US CMA exam and the CSCA exam at a location other than a Prometric Test Center. This option is available if your residence is in a country eligible for the service and your chosen testing environment and systems meet Prometric requirements.

For more detailed information, including a video on what to expect with remote testing, visit ProProctor Candidate Information.

1. Is the remote proctored testing option offered worldwide?

Remote proctoring is available globally, except in the Crimea part of Ukraine, North Korea, Iran, Syria, and Cuba. In China, remote proctoring is available for the CSCA and the English language US CMA exam only, as the Chinese language CMA exam is a paper-based test.

Note: In some countries and some areas within countries, internet connection may not be stable enough to administer the exam remotely. Local technological and firewall issues may create a greater risk of not being able to test via remote proctor. It is your responsibility to ensure you meet the technical requirements and to test your internet connection.

2.What is the availability of remote proctoring?

Remote proctoring is available 24/7; however, keep in mind that the day and time you select may not be available. If you are told your day/time is not available, simply select a different time frame.

3. What are the system requirements for remote testing?

Visit Prometric’s ProUserGuide to see the system requirements for remote testing: https://www.prometric.com/sites/default/files/ProProctor/PrometricProUserGuide.pdf.

4. Can I use a tablet or smartphone to take my remote proctored exam?

No, the ProProctor platform is not compatible with a tablet or smartphone.

5. What are the testing location requirements for remote proctored testing?

To comply with the security procedures, there are various requirements for your testing environment: Your selected testing location must be indoors (walled), well-lit, with a closed door and free from background noise and disruptions. The entrance to the room must be in full view of the camera. Your workstation and surrounding area (including the walls) must be free of materials (i.e., pictures, office supplies, electronic devices, etc.).

6.Can I take my remote proctored exam at my place of work using my work computer?

No, you should not be taking your remote proctored exam at your place of work.

7.Can I use my work computer for testing from home?

ICMA does not recommend this, because corporate firewalls that many organizations have in place could prevent successful test delivery. If you choose to test from home using your work computer, ICMA strongly recommends you involve your IT team to resolve any issues, including potential firewall issues, long before test day.

8.What about turning off pop-up blockers? Do I need to do this before testing?

Yes. Prior to launching the exam, you must turn off web browser pop-up blockers to ensure a successful launch and the smooth administration of the exam.

9.How do I know if my computer system meets Prometric’s remote proctoring requirements?

You can confirm your system’s compatibility by going to https://rpcandidate.prometric.com/ and completing the system check step.

10.How do I sign up to test via remote proctoring?

Once you register for an exam part and receive your Authorization Letter, you may schedule your exam appointment. To schedule online, go to www.prometric.com/icma, scroll down, and select the “Schedule Your Remotely Proctored Exam” option.

11.I already signed up to test at a test center but would like to change to remote proctoring. How do I do that?

To change your appointment to remote proctoring, you will need to cancel your existing appointment first. Go to www.prometric.com/icma and click on the “Reschedule/Cancel” option under the “Actions” panel, then click on the “Schedule” option in “Remotely Proctored Exam” to schedule. Note: A rescheduling fee may apply.

12.How will I receive my exam results after I test?

Exam results will be emailed and posted to your online profile approximately six weeks from the end of the month in which you tested for the US CMA exam and approximately eight weeks for the CSCA exam.

13.What should I expect from the security check-in process?

Visit Prometric’s ProUserGuide to see what to expect from the security check-in process: https://www.prometric.com/sites/default/files/ProProctor/PrometricProUserGuide.pdf.

14.Does the security check-in time affect the time I have to take the test?

You are expected to launch the exam 30 minutes prior to your scheduled appointment time to go through the Prometric security check-in process. However, delays do occur. If this should happen, the extended time spent during the initial security check-in will not affect your exam time, and you will be provided with the full testing time. Note: If you take a break, the time counter will continue to run while you are being checked back in.

15.Is a break allowed at some point during the exam?

Yes, you are allowed one 10-minute optional, unscheduled break at any time during the exam session. If you wish to take a break, you must notify the proctor before leaving the view of the camera.

Failure to inform the proctor prior to taking a break, or failure to return on time from the break, will result in the termination of your exam session. Upon your return from the break, a full security scan will be conducted before the exam session is resumed. However, please note that the exam clock will continue to run during the time interval between when your break begins and when your session re-starts.

16.Can I take more than one break?

No, only one break is permitted.

17. Am I required to take a break?

No, the break is optional. If you do not need or want to take a break, you should just continue testing.

18. Can I download the Prometric ProProctor application ahead of time?

Yes.

19.Can I have a glass of water on my desk when taking a remote proctored exam?

No. Eating, drinking, smoking, and chewing gum are prohibited during the exam.

20.Since I am not allowed to have my mobile phone in the area when I’m testing, what if I run into technical difficulties or unexpected circumstances during my remote proctored exam session and need to connect to a proctor?

Mobile phones are not permitted in the testing area but should be close by in another room. In the case of internet or power loss, you should go to the room where your mobile phone is located and connect with the proctor. If using a smartphone, go to https://rpcandidate.prometric.com/ and click on “Contact Support,” then follow the prompts.

21. Is remote proctored testing a replacement for the in-person testing format?

No, remote proctored exam testing is an additional testing option and not a replacement of in-person testing. Both are available alternatives.

22.Is there an additional fee to take a remote proctored exam?

No. At this time, there is not an additional fee to take an exam via remote proctoring.

23.Can I whisper or read the questions out loud?

No. For security reasons, examinees are not permitted to read out loud or whisper exam questions/answers.

24.Can I use scratch paper when taking a remote proctored exam?

Yes. You are allowed to have four sheets of white plain scratch paper on your desk during testing. You must show the front and back of each sheet of paper to the proctor to ensure that there is no writing on the paper. At the end of the test session, you must show the front and back of each sheet of paper to the proctor and rip the scratch paper up into small pieces in front of the camera.

25.What is Prometric’s data privacy protection policy specifically as it relates to the duration of storing identifying documentation such as my government-issued photo ID?

Prometric retains examinees’ test-related documentation for 30 days. After that time, the information is removed from its system. You will be asked to acknowledge and consent to this as part of the privacy policy review.

26.What if I really want to talk to someone at Prometric for scheduling/rescheduling? Can I call them?

Yes. However, please be advised that the quickest way to get resolution is to fill out an online request form at https://www.prometric.com/contact-us. You can also contact ProProctor technical support at (800) 226-7958.

27.What do I do if there is an unexpected power or internet disruption during my remote proctored exam session?

If you experience a power or internet disruption during your remote proctored exam session, the exam will pause after the connection is lost. At that point, you should try to reconnect to the exam by first exiting out of the window; a blank screen with an “X” will appear.

Next, close the window, reopen the browser, and reconnect to the test driver. If successful, the exam and the timer will resume where you left off. You have up to 20 minutes before Prometric’s exam-disruption time allowance runs out.

In the event you are unable to reconnect in time, your exam will be terminated, and you will need to reschedule. Contact Prometric Help Support via chat once your internet is back up or leave the testing room to use your smartphone. To contact Help Support using a mobile phone without Internet, see the “How to Contact an Agent.”

Repeat disconnections are an indication of an unstable internet. In this situation, ICMA will allow examinees up to three relaunches of the exam with up to 20 minutes of overall interruption time.

Incidents that extend beyond either of these circumstances will result in the termination of the exam. If this happens, you can contact Prometric via chat to report the issue. Upon review and approval, you may receive a second opportunity to test. However, you will be required to test at an in-person test centre location.

Summary

The US CMA certification is the global benchmark for management accountants and financial professionals. The two-part exam tests 12 competencies and earning the US CMA can give professionals greater credibility, higher earning potential, and ultimately, a seat at the leadership table. ProProctor gives you greater flexibility to choose where to test, when to test, and how to test.

It is a reliable, convenient – yet secure – testing experience. Given the ongoing challenges of the pandemic and the recent advances in remote testing, it is an appropriate time for us to welcome remote proctoring for US CMA aspirants which is risk free and gives the flexibility to write the exam from the comfort of home.

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. The dedicated faculty team for uplift live online US CMA classes are CMA US qualified with incredible marks and have more than 25 years working experience in corporate world. This help the student to learn and simulate the real life corporate working conditions which can not be attained through a CMA pass out faculty only.

D. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. Also, provides full admin support through the dedicated Uplift WhatsApp study group. We have a pass rate of 80% in US CMA course exams.

E. Pass percentage of US CMA students ” at first attempt” is about 80% in a duration of 6-9 months in comparison to near about 40-45% pass rate in a global perspective.

F. The small batch size of online classes provide effective interaction with the faculty which help  personalized attention towards achieving the target of  80% “pass at first attempt”

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

H. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass. It means once you become an uplift student, you can attend unlimited live online classes till you pass at no extra cost or reregistration fees.

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

J. 120 hours of CMA classes (Live Online Interactive Sessions) by veteran CMA faculties from Monday to Saturday from 9 pm to 10:30 pm

K. Recordings of CMA live online classes available

L. In class mock session conducted by the faculty to make student aware of the US CMA exam pattern

M. Doubt clearing session before the US CMA exam window

N. Training on soft skills and interview techniques

O. Additional notes prepared by the faculty members on important topics

P. Administration Support towards IMA registration

Q. Job assistance

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

What is US CMA course ?

US Certified Management Accountant (CMA) or US CMA course is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.

The CMA is a US based, globally recognized certification offered by the Institute of Management Accountants (IMA US). IMA US has a legacy of more than 100 years and as of date the membership of US CMA certified candidates is more than 1,40,000 across 150+ countries.

Bachelor degree on any subject. Students who are pursuing their bachelors are eligible to take the US CMA exams. Two years of professional experience in accounting or finance. For Freshers the experience requirement may be completed within 7 years of passing the examination.

A single level of examination which is divided into two parts. Candidates can attempt any part in any order as per their convenience. Each exam part is four hours in length . US CMA exam will have 100 multiple choice questions, followed by two 30-minute essay questions. Exam is conducted at Prometric testing. The exam is conducted in the following windows

a. January – February

b. May – June

c. September – October

The most vital part of the US CMA scholastic program for an aspirant is to know the US CMA syllabus first. A detailed idea about the US CMA syllabus is of utmost important to take informed decisions prior initiation of the journey towards the goal of achieving the coveted US CMA credential. A thorough idea of the CMA subjects for exam will also help to build confidence-a necessary step to crack the CMA US exam.

US CMA Syllabus

Let’s have an in depth look on the course details of the current US CMA syllabus:

The US CMA course involve a 2 part online exam based on the following sections:

1. US CMA Part 1

US CMA syllabus in this section is based on Financial Planning, Performance and Controls which contain following sub sections.

A. External Financial Reporting Decisions(EFRD)

·        Financial statements

·        Balance sheet

·        Income statement

·        Statement of changes in equity

·        Statement of cash flows

·        Integrated reporting

·        Recognition, measurement, valuation, and disclosure

·        Asset valuation

·        Valuation of liabilities

·        Equity transactions

·        Revenue recognition

·        Income measurement

·        Divergence between U.S. GAAP and IFRS

B. Planning, Budgeting, and Forecasting (PBF)

This is a relatively wider section focusing on budgeting and covers following chapters

·        Strategic planning models and analytic techniques with Long-term mission and goals

·        Budgeting concepts

·        Operations and performance goals

·        Resource allocation

·        Forecasting techniques

·        Regression and Learning curve analysis

·        Budgeting methodologies 

·        Annual business plans (master budgets)

·        Project, Activity-based and Zero-based budgeting

·        Annual profit plan and supporting schedules

·        Top-level planning and analysis

·        Pro forma income

·        Financial statement projections

·        Cash flow projections

C. Performance Management(PM)

This is a performance management section covering following topics.

·        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

·        Responsibility centers and reporting segments  

·        Transfer pricing

·        Reporting of organizational segments

·        Performance measures

·        Product profitability analysis

·        Business unit profitability analysis

·        Customer profitability analysis

·        Return on investment

·        Residual income

·        Investment base issues

·        Key performance indicators (KPIs)

·        Balanced score card

D. Cost Management(CM)

This section involves calculations and costing methodologies having following subsections

·        Measurement concepts

·        Cost behavior and cost objects

·        Actual and normal costs

·        Standard costs

·        Absorption (full) costing

·        Variable (direct) costing

·        Joint and by-product costing

·        Costing systems

·        Job order costing

·        Process and activity-based costing

·        Life-cycle and verhead costs

·        Fixed and variable overhead expenses

·        Plant-wide vs. departmental overhead

·        Determination of allocation base

·        Allocation of service department costs

·        Supply chain management

·        Lean resource management techniques

·        Enterprise resource planning (ERP)

·        Theory of Constraints

·        Capacity management and analysis

·        Business process improvement

·        Value chain analysis and Value-added concepts

·        Process analysis, redesign, and standardization

·        Activity-based management

·        Continuous improvement concepts

·        Best practice analysis

·        Cost of quality analysis

·        Efficient accounting processes

E. Internal Controls (IC)

This is the application based section which includes the following:

·        Governance, risk, and compliance

·        Internal control structure and management philosophy

·        Internal control policies for safeguarding and assurance

·        Internal control risk

·        Corporate governance

·        External audit requirements

·        System controls and security measures

·        General accounting system controls

·        Application and transaction controls

·        Network controls

·        Backup controls

·        Business continuity planning

F. Technology and Analytics (TA)

This section has been included to cope with the industry demand which is more inclining on artificial intelligence and robotics. It contain following areas.

·        Information systems

·        Accounting information systems

·        Enterprise resource planning systems

·        Enterprise performance management systems

·        Data governance

·        Data policies and procedures

·        Life cycle of data

·        Controls against security breaches

·        Technology-enabled finance transformation

·        System development life cycle

·        Process automation

·        Innovative applications

·        Data analytics

·        Business intelligence

·        Data mining

·        Analytic tools and Data visualization

2. US CMA Part 2

US CMA syllabus in this section includes Strategic Financial Management Following are the subsections.

A. Financial Statement Analysis(FSA)

This involves financial accounting with more emphasis on analytics and comparisons having following components

·        Basic financial statement analysis

·        Common size financial statements

·        Common base year financial statements

·        Financial ratios

·        Liquidity

·        Leverage

·        Activity

·        Market, Profitability and analysis

·        Income measurement analysis

·        Revenue analysis

·        Cost of sales and expense analysis

·        Variation analysis

·        Special issues

·        Impact of foreign operations

·        Effects of changing prices and inflation

·        Impact of changes in accounting treatment

·        Value and Income – Accounting and economic concepts

·        Earnings quality

B. Decision Analysis(DA)

This part involve the merge of management accounting with the decision making processes. It has following topics.

·        Cost/volume/profit analysis

·        Breakeven analysis

·        Profit performance and alternative operating levels

·        Analysis of multiple products

·        Marginal analysis

·        Opportunity costs, Sunk costs

·        Marginal costs and marginal revenue

·        Special orders and pricing

·        Sell or process further

·        Adding or dropping a segment

·        Capacity considerations

·        Pricing and Pricing methodologies

·        Target costing

·        Elasticity of demand

·        Product life-cycle considerations

·        Market structure considerations

C. Corporate Finance(CF)

This section having following areas which deals with the short term and long term financial management.

·        Risk and return

·        Calculating return

·        Types of risk Relationship between risk and return

·        Long-term financial management

·        Term structure of interest rates

·        Types of financial instruments

·        Cost of capital

·        Valuation of financial instruments

·        Raising capital

·        Financial markets and regulation

·        Market efficiency

·        Financial institutions

·        Initial and secondary public offerings

·        Dividend policy and share repurchases

·        Lease financing

·        Working capital management

·        Working capital terminology

·        Cash management

·        Marketable securities management

·        Accounts receivable management

·        Inventory management

·        Types of short-term credit

·        Short-term credit management

·        Corporate restructuring

·        Mergers and acquisitions

·        International finance

·        Fixed, flexible, and floating exchange rates

·        Managing transaction exposure

·        Financing international trade

D. Risk Management(RM)

This involve assessment, analysis and management of all kinds of risk that a management accountant has to handle for the company. It has following components.

·        Enterprise Risk

·        Types of risk

·        Risk identification and assessment

·        Risk mitigation strategies Managing risk

E. Investment Decisions(ED)

This section trains how to settle important decisions regarding speculations on various available options. It has following components

·        Capital budgeting process

·        Stages of capital budgeting

·        Incremental cash flows

·        Income tax considerations

·        Evaluating uncertainty

·        Capital investment analysis methods

·        Net present value

·        Internal rate of return

·        Payback

·        Comparison of investment analysis methods

F. Professional Ethics(PE)

This impart ethical practice in management accounting processes having following key areas.

·        Business ethics

·        Moral philosophies and values

·        Ethical decision making

·        Ethical considerations for finance professionals

·        IMA’s Statement of Ethical Professional Practice

·        Fraud triangle

·        Evaluation and resolution of ethical issues

·        Ethical considerations for the organization

·        Organizational factors and ethical culture

·        IMA’s Statement, “Values and Ethics: From Inception to Practice”

·        Ethical leadership

·        Legal compliance

·        Responsibility for ethical conduct

·        Sustainability and social responsibility.

Weightage given each part of US CMA exam syllabus

Part 1: Financial Planning, Performance and Analytics

Part 1: Financial Planning, Performance and Analytics	Weightage
Technology and Analysis	15%
Internal Controls	15%
Cost Management	15%
Performance Management	20%
Planning, Budgeting and Forecasting	20%
External Financial Reporting Decisions	15%

Part 2: Strategic Financial Management

Part 2: Strategic Financial Management	Weightage
Financial Statement Analysis	20%
Corporate Finance	20%
Decision Analysis	25%
Risk Management	10%
Investment Decisions	10%
Professional Ethics	15%

Top US CMA Exam tips – the preparation strategy [ 2021 Update] :- The most important part is the study/preparation in a guided manner having a proper schedule. Eventually, you will be adapted to the syllabus and format of the US CMA exam. But the ultimate aim is to clear the exam in shorter duration and obviously at first attempt.…continue reading

Summary

So, by now, you are quite well versed about the US CMA syllabus and the US CMA subjects.

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. The dedicated faculty team for uplift live online classes are CMA US qualified with incredible marks and have more than 25 years working experience in corporate world. This help the student to learn and simulate the real life corporate working conditions which can not be attained through a CMA pass out faculty only.

D. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. Also, provides full admin support through the dedicated Uplift WhatsApp study group. We have a pass rate of 80% in US CMA course exams.

E. Pass percentage of students ” at first attempt” is about 80% in a duration of 6-9 months in comparison to near about 40-45% pass rate in a global perspective.

F. The small batch size of online classes provide effective interaction with the faculty which help  personalized attention towards achieving the target of  80% “pass at first attempt”

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

H. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass. It means once you become an uplift student, you can attend unlimited live online classes till you pass at no extra cost or reregistration fees.

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

J. 120 hours of classes (Live Online Interactive Sessions) by veteran CMA faculties from Monday to Saturday from 9 pm to 10:30 pm

K. Recordings of live online classes available

L. In class mock session conducted by the faculty to make student aware of the exam pattern

M. Doubt clearing session before the exam window

N. Training on soft skills and interview techniques

O. Additional notes prepared by the faculty members on important topics

P. Administration Support towards IMA registration

Q. Job assistance

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

Why one should go for the US CMA out of other related courses in finance and accounts? .The most pertinent question comes to every aspirant be a student or a professional in finance sector. Despite efforts, expenditure and time , does it really worth in essence? What value is imparted to one’s CV upon passing US CMA exam and becoming a US CMA finally. Let’s try to shed some light in this scenario with a realistic attitude.

Indulging in to the motivations to become a US CMA, it’s important to understand the benefits being enjoyed by the existing US CMA holders. Looking into this aspect will help you to take informed  decision for yourself to boost your own career path and how to achieve that through your own potential.

Below are some of the salient features suggestive of the benefits of passing US CMA exam in 2022.

1. The CMA US as the Gold Standard in Management Accounting

In older accounting days, people were unaware about the US CMA course. Currently, US CMA is being considered as a very coveted designation. In fact, it is considered the “gold standard”, meaning it is one of the top credential in management accounting that draws immense respect. Being a rapidly growing global certification, the US CMA holders belong to the top rung of the hierarchy ladder- a great motivation for the aspirants.

The US CMA is state-of-the-art advanced professional certification customized to evaluate the critical accounting and financial management skills of an individual. In particular, this is meaningfully designed to be relevant for success in a competitive business atmosphere on a global perspective. In essence, this means one who holds a certification will obviously, be a prime candidate for job positions in India and abroad.

2. Acceptability as a Global Management Accounting Certification

While CIMA is one of the largest contender in this category, it is more or less restricted in the UK and to a lesser extent Europe and Commonwealth countries. On the other hand, the US CMA is growing across the globe more rapidly in comparison to CIMA.

Although, the country wise number of US CMA is still smaller, but the certification is now gaining popularity as the desired management accounting certification not only in the US but also in the fastest developing regions, namely China, Middle East and India.

The information extracted from the August 2014 edition of Strategic Finance, almost half of the new CMA candidates came from the Middle East (UAE, Egypt, Saudi Arabia, and Jordan), and almost 1/4 from the Asia Pacific (China and India).

What is US CMA Course? Frequently asked questions on US CMA |FY 2022 :- To understand the detailed overview on the US CMA course and other FAQ’s continue reading

3. US CMAs Earn More

In reality, pursuing the US CMA course, learning new things with great motivation is fine to finally pass the course but obtaining the certification ultimately will lose its shine until unless it doesn’t fetch a better-salaried job.

According to a comprehensive study by the IMA, CMA certification holders earn 67% more than their non-certified counterparts. So what is the meaning of “more”? Is it satisfying? For this, one has to stay updated on the available statistics since the global mean and median base CMA certification salary may wade and wane from year to year.

However, the figures remain high and attractive to future Certified Management Accountants, indicating it’s still a lucrative reason to consider getting a US CMA credential.

Furthermore, as per the IMA reports, the global mean base salary of 2018 was $74,344, while the global median base salary was $66,000. Ironically enough, this will supposed to rise in forthcoming years -an encouraging scenario for upcoming US CMA aspirants.

4. Imparts Practical Skill

With the advent of globalization and elevated economic growth, the industry needs are changing in the arena of accounts and finance. With respect to that, various industry journals have indicated that 80% of accountants who used to do conventional and repetitive jobs end up in non-public accounting.

Here lies the importance of US CMA because the appropriate management accounting knowledge and skills are in fact more useful for these professionals and the skills learned from becoming a CMA US are often touted as the best in the industry for the day-to-day tasks one is having as an accountant.

US CMA, thus appear the right choice for the hiring authorities since they incorporate the real time skill and knowledge beyond the conventional accountants to be the part of strategic management decision making processes in financial issues. Hence, US CMAs being considered a future-proof secured job designation with higher employable potentialities.

US CMA Course details – US CMA Certification from IMA USA: Syllabus, Eligibility, Duration, Fees, Books and Coaching :- What is US CMA Course ? To understand the detailed overview on the US CMA course and US CMA certification from IMA…continue reading

5. The Smoothness of the Course and Exam

To make the process simpler and accessible, the IMA (the CMA exam administrator) keeps things clear, simple, and organized for applicants, particularly for the international candidates with the online US CMA exam offered through prometric centers in hundreds of locations worldwide.

To be eligible for the US CMA course exam, candidates are required to have a bachelor’s degree and to be a CMA US,  the candidate has to pass a rigorous exam, and secure 2 continuous years of management accounting experience to get certified.

However, the IMA makes the process of becoming a CMA as smooth as possible. This is a huge benefit to many candidates and is one leading reason why some people choose CMA over other accounting certifications.

6. Exams

The exam has 2 parts, both of which include 100 MCQs and 2 essay questions to be answered within 4 hours.

6.1 Part 1 – Financial Planning, Performance and Analytics

6.2 Part 2 – Strategic Financial Management

The exam is considered not too tough not too easy type which means with due dedication and proper study support, successful clearance of this 2 part exam at first attempt is quite achievable.

7. Scope of US CMA course in India

US CMAs are important assets in all types of organizations. Completion of the course in India opens multiple ways to improve your financial skills & management qualities. They analyze operating results, review performance, audit operations, and resolve issues that enhance the strategic objectives of the organization.

Moreover, they appreciate the business approach for managing customer value, formulating strategies, and valuing equity. They are value creators, not just merely accountants who adhere to compliance to the profession.

Corporates hire US CMA as they are considered experts in value creation and business strategy. Over the years, the prominence of the this course has been rising fabulously. It is because of the economic growth in India and large foreign business markets. One of the greatest advantages of having certification is it will open many prospects for Indian candidates.

7.1 The key drivers for US CMA course in India include

A. Growth potential in the manufacturing sector and government efforts like “Make in India” to promote Indian manufacturer’s.  In this context, US CMA is huge demand in India

B. As US CMA’s are considered as experts in business strategy and cost controlling, Management consulting firms like EY, KPMG hire US CMA as management consultants for restructuring services for industries.

C. Strengthening of banking especially in rural parts of India is a key driver for the need of CMA experts.

D. Growing demand for insurance products is an opportunity for US CMAs in India.

7.2 Job positions in India

Since they are in demand in various sectors for many skills, it provides immense job opportunities in India. Below are some of the key job position once can get after completion of course.

·        Research Analyst

·        Cost Accountant

·        Legal Advisor

·        Finance Manager

·        Financial Analyst

·        Management Consultant

·        Cost Auditor

8. US CMA Salary in India

In India, a fresh candidate in India can get a starting salary of INR 4-8 lakhs per year. This can go up to nearly INR 80 Lakhs once you become a CFO of a company.

8.1 Insights from IMA Global salary survey

The latest Global Salary Survey 2021, from IMA (Institute of Management Accountants) revealed that holding the US CMA certification helps to add value beyond the basic compensation. The survey invitations were sent to 7,949 IMA members in the Middle East/Africa/India (MEAI) region.

A. 90% of survey respondents with certification said that US CMA gives them more confidence to perform their job at a high level. The median salary of a US CMA professional is above 76% higher than non-CMAs.

Median compensation of US CMA salary by various job roles

B. Difference in total compensation between CMAs and non-CMAs worldwide is nearly USD 23,000; a strong reason why this course is a career changing qualification.

C. 90% agree that the US CMA course helps them to work in all areas of the business, and more than 80% of respondents agree that the US CMA certification creates better career opportunities

D. Nearly 95% would recommend the certification to a friend.

8.2 Non- CMA vs.US CMA salary by region

A. Median base US CMA salary/CMA for 2020 for all participants in MEAI were USD 25,000 as compared to median based salary of USD 22,500 in year 2019.

B. Median total compensation for year 2020 stands at USD 27,000 as compared to the median total compensation of USD 25,000 during previous year.

C. Further, a majority of respondents in the middle management category, indicated that they receive a higher percentage of their total compensation largely due to bonuses based on individual or company performance.

D. The survey results indicated that respondents holding the CMA or US CMA earn a 76% higher median US CMA salary and 80% higher median total compensation compared to those who do not hold the certification.

Holding a US CMA certification also makes a person more disciplined, career oriented, smart, and motivated helping to move faster to higher management roles in the industry.

Median salary & Total compensation

Summary

By now, as seen in the last decade, about 99% of the MNCs and big companies started functioning in India and Middle East are basically of US incorporated,  either directly or as a subsidiary which raise funds or listed in US stock exchanges. All these companies are required to comply with the Securities Exchange Commission (SEC).

US CMA is in great demand in all sectors. CMAs are also being recruited by MNCs like Accenture, Amazon, and Deloitte. They occupy managerial positions like financial controllers, Budget Analysts, Cost Auditors, Chief financial controller and many other high level positions.

Among the Middle East countries, UAE, Saudi Arabia and Egypt have the most number of IMA members representing 35%, 25% and 13% respectively. The job profiles include Financial Controller, Zakat and Taxes Supervisor, Senior Accountant, Budgeting Section Head, Group Internal Auditor, Financial Analyst etc.

The major recruiters among many include companies like  Khobar, Harvest, CMACGM, Honeywell, Al Futtaim Group, Vodafone, Oriental Insurance etc. Notably, in the Gulf, Dubai becomes the top job provider for US CMAs.

Some of the Dubai based companies which hire US CMAs are Ceva Logistics, TMF Group, Transmed, Kitapi, Huhtamaki Group, KPMG, Phantom Associates, Milliman, Amazon, Sffeco Global at entry, middle and senior levels of accounting and financial management.

It has been noted that the highest number of employment for US CMAs  are from the Finance /Insurance/Real Estate sectors followed by the Manufacturing Industry.

The course is pursued by students who are keen in learning budgeting and management accounting. The professionals with US CMA qualifications are preferred over other candidates, by multinational companies and established conglomerates.

In short, US CMAs are important assets in all types of organizations. Completion of the course in India is possible and opens multiple ways to improve your financial skills & management qualities.

They analyze operating results, review performance, audit operations, and resolve issues that enhance the strategic objectives of the organization.US CMAs appreciate the business approach for managing customer value, formulating strategies, and valuing equity. CMAs are value creators, not just merely accountants who adhere to compliance to the profession.

Corporates hire US CMA as they are considered experts in value creation and business strategy. Over the years, the prominence of the course has been rising fabulously. It is because of the economic growth in India and large foreign business markets. One of the greatest advantages of having US CMA certification is it will open many prospects for Indian candidates.

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. The dedicated faculty team for uplift live online classes are CMA US qualified with incredible marks and have more than 25 years working experience in corporate world. This help the student to learn and simulate the real life corporate working conditions which can not be attained through a CMA pass out faculty only.

D. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. Also, provides full admin support through the dedicated Uplift WhatsApp study group. We have a pass rate of 80% in US CMA course exams.

E. Pass percentage of students ” at first attempt” is about 80% in a duration of 6-9 months in comparison to near about 40-45% pass rate in a global perspective.

F. The small batch size of online classes provide effective interaction with the faculty which help  personalized attention towards achieving the target of  80% “pass at first attempt”

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

H. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass. It means once you become an uplift student, you can attend unlimited live online classes till you pass at no extra cost or reregistration fees.

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

J. 120 hours of classes (Live Online Interactive Sessions) by veteran CMA faculties from Monday to Saturday from 9 pm to 10:30 pm

K. Recordings of live online classes available

L. In class mock session conducted by the faculty to make student aware of the exam pattern

M. Doubt clearing session before the exam window

N. Training on soft skills and interview techniques

O. Additional notes prepared by the faculty members on important topics

P. Administration Support towards IMA registration

Q. Job assistance

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

Introduction

What is US CMA Course? US Certified Management Accountant (CMA) or US CMA course is a professional certification credential in the management accounting and financial management fields. The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.

The CMA is a US based, globally recognized certification offered by the Institute of Management Accountants (IMA US). IMA US has a legacy of more than 100 years and as on date the membership of US CMA certified candidates is more than 1,40,000 across 150+ countries.

A. US CMA Course- At a Glance:

1 US CMA course is a worldwide demanded qualification in Finance.

2 The US CMA course has just 2 parts.

3. US CMA exams can be cleared in 7 to 9 months time.

4. Exams are conducted online at the prometric centers.

5. Typically, the US CMA exams have 75% of the questions as MCQs (objective type) and the rests are Essay questions.

6. Pass percentage of US CMA course is globally near-about 50%,

7. US CMA course helps professionals to build a career across the globe.

8. A US CMA is respected worldwide to be the decision maker in the industry and formulate robust finance and accounting strategies.

B. US CMA Course Eligibility

1. The minimum eligibility for enrollment for the US CMA course is 12^th standard pass out. However, to obtain the certificate, one has to be a graduate from an accredited Institution.

2. Furthermore, to obtain the US CMA course certificate, one has to meet up the below criteria.

3. Should have cleared both the parts of US CMA Course Exam

4. Has to be a Member of IMA.

5. Should possess two years of appropriate work experience.

C. US CMA Course Syllabus

US CMA course involve 2 part  examination consists of following topics.

C.1 US CMA course Part 1 examination

a. External Financial Reporting Decisions

b. Planning, Budgeting, and Forecasting

c. Performance Management

d. Cost Management

e. Internal Controls

C2. US CMA course Part 2 examination

a. Financial Statement Analysis

b. Corporate Finance

c. Decision Analysis

d. Risk Management

e. Investment Decisions

f. Professional Ethics

The Topic wise weightage of US CMA Syllabus

For Part 1 :- External Financial Reporting Decisions(15%), Planning, Budgeting, Forecasting(20%), Performance Management(20%), Cost Management(15%), Internal Controls(15%) and Technology and Analytics(15%) respectively.

For Part 2:- Financial Statement Analysis(20%), Corporate Finance(20%), Decision Analysis(25%), Risk Management(10%), Investment Decisions(10%), Professional Ethics(15%).

US CMA Course details – US CMA Certification from IMA USA: Syllabus, Eligibility, Duration, Fees, Books and Coaching :- What is US CMA Course ? To understand the detailed overview on the US CMA course and US CMA certification from IMA…continue reading

D. US CMA Course Duration

One has to clear both the exam parts within 3 years of IMA registration. However, with proper guidance and study support, it can be cleared within a year.

E. US CMA Course Exam

a. The duration of each exam is 4 hours.

b. The exam consist of 100 multiple choice questions, followed by 2 essay scenarios.

c.  US CMA is an online exam administered through various Prometric centers in India and abroad.

There are 3 following exam testing windows offered per annum

a. January-February

b. May-June

c. September- October

F. US CMA Course Fees

The US CMA membership, entrance and exam fees for various categories are provided in the tables below.

The IMA has announced that some CMA program fees will increase starting March 1, 2022. In short, the increased fees will help offset some of the IMA’s increased expenses related to improved member services and technology upgrades. For example, the IMA has added new CPE courses and webinars available to IMA members for no additional cost.

G. US CMA Course- Job Opportunities

US CMA is in great demand in all sectors. CMAs are also being recruited by MNCs like Accenture, Amazon, Deloitte and so on for the managerial positions like Financial controllers, Budget Analysts, Cost Auditors, Chief financial controller and many other high levelled positions. Since they are in demand in various sectors for many skills, the US CMAs have immense job opportunities in India like those given below and a lot more related to Finance.

1. Research Analyst

2. Cost Accountant

3. Legal Advisor

4. Finance Manager

5. Financial Analyst

6. Management Consultant

7. Cost Auditor

US CMA salary in India: Results from IMA’s salary survey-2021:- The latest Middle East/Africa/ India (MEAI) CMA Salary Survey 2021, from IMA (Institute of Management Accountants) revealed that a median salary of a US CMA professional is above 76% higher than non-CMAs, a strong reason why a US CMA course is a career changing qualification. continue reading…

H. Benefits of US CMA course

By now, as seen in the last decade, about 99% of the MNCs and big companies started functioning in India and Middle East are basically of US incorporated,  either directly or as a subsidiary which raise funds or listed in US stock exchanges. All these companies are required to comply with the Securities Exchange Commission (SEC).

US CMA is in great demand in all sectors. CMAs are also being recruited by MNCs like Accenture, Amazon, and Deloitte and so on for the managerial positions like financial controllers, Budget Analysts, Cost Auditors, Chief financial controller and many other high level positions.

Among the Middle East countries, UAE, Saudi Arabia and Egypt have the most number of IMA members representing 35%, 25% and 13% respectively. The job profiles include Financial Controller, Zakat and Taxes Supervisor, Senior Accountant, Budgeting Section Head, Group Internal Auditor, Financial Analyst etc.

The major recruiters among many include companies like  Khobar, Harvest, CMACGM, Honeywell, Al Futtaim Group, Vodafone, Oriental Insurance etc. Notably, in the Gulf, Dubai becomes the top job provider for US CMAs. Some of the Dubai based companies which hire US CMAs are Ceva Logistics, TMF Group, Transmed, Kitapi, Huhtamaki Group, KPMG, Phantom Associates, Milliman, Amazon, Sffeco Global at entry, middle and senior levels of accounting and financial management.

It has been noted that the highest number of employment for US CMAs  are from the Finance /Insurance/Real Estate sectors followed by the Manufacturing Industry

I. Nine steps to become US CMA certified

Conclusion

To sum up, it can be stated that successful completion of US CMA course can impart you the sophisticated credential of US CMA. US CMA course certification paves the way to grab a better job and elevates your earning potential. US CMA holders enjoy extensive career variety vis-à-vis job security than their non certified counter parts. US CMA course is now the choice of ambitious students and professionals of accounting and finance domain for heightened chance of standing apart from the conventional accounting crowd.

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. The dedicated faculty team for uplift live online US CMA classes are CMA US qualified with incredible marks and have more than 25 years working experience in corporate world. This help the student to learn and simulate the real life corporate working conditions which can not be attained through a CMA pass out faculty only.

D. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. Also, provides full admin support through the dedicated Uplift WhatsApp study group. We have a pass rate of 80% in US CMA course exams.

E. Pass percentage of US CMA students ” at first attempt” is about 80% in a duration of 6-9 months in comparison to near about 40-45% pass rate in a global perspective.

F. The small batch size of online classes provide effective interaction with the faculty which help  personalized attention towards achieving the target of  80% “pass at first attempt”

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

H. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass. It means once you become an uplift student, you can attend unlimited live online classes till you pass at no extra cost or reregistration fees.

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

J. 120 hours of CMA classes (Live Online Interactive Sessions) by veteran CMA faculties from Monday to Saturday from 9 pm to 10:30 pm

K. Recordings of CMA live online classes available

L. In class mock session conducted by the faculty to make student aware of the US CMA exam pattern

M. Doubt clearing session before the US CMA exam window

N. Training on soft skills and interview techniques

O. Additional notes prepared by the faculty members on important topics

P. Administration Support towards IMA registration

Q. Job assistance

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