CMA Full Form
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CMA Full Form: What is the Full Form of CMA

Full Form of CMA: Here in this post we are going to discuss about CMA, CMA Full Form, Course Details, Course duration, Eligibility and Admission process in CMA, and many more.

CMA Full Form

CERTIFIED MANAGEMENT ACCOUNTANT

Full Form of CMA is Certified Management Accountant. CMA is a professional degree in the field of management accounting. CMA is one of the best degrees to work in the cost accounting field. A person has CMA degree may get a job in the USA and other SAARC countries.

CMA degree shows that a person has expertise in costing, management accounting, and financial analysis. This degree is offered by the Institute of Management Accounting.

Course Details

This is a computer-based exam conducted by Prometric testing centre. This exam is divided into two parts.

First part:

  • External financial reporting decisions
  • Planning budget and forecasting
  • Performance management
  • Cost management
  • Internal controls

Second Part:

  • Financial statement and analysis.
  • Corporate finance.
  • Decision analysis.
  • Risk management.
  • Investment decision.
  • Professional ethics.

Both these paper have two parts, first is 100 MCQ for which 3 hours are allotted and the second is 2 essays righting for which 30 minutes each are get allotted.

The applicants are much clear both these exams within 3 years of registration in CMA.  

Eligibility for CMA

  • Candidate must have a bachelor degree from a recognized university
  • Candidate must have registration in Institute of Management Accountants
  • Minimum of two years’ experience in Management Accounting
  • Passed both parts of CMA exam

Course Duration

The minimum course duration is 6 month but it’s depending on person to person that in how much time they clear this exam.

Usually student takes 2-3 years to complete this exam.

Which skill you get after clear this exam

  • Cost accounting
  • Expertise in financial accounting
  • Investment decision
  • Performance management
  • Strategic management
  • External financial reporting
  • Expert in management accounting
  • Risk management
  • Profitability analysis
  • Planning and budget
  • Internal control

Other Full form of CMA

Credit Monitoring Analysist

Cost Management Accounting

FAQ (Frequently Asked Questions)

What CMA course detail?

 
CMA course divided into two parts.
The first part includes: financial planning performance and Analytics
The second part includes: Strategic financial management
Each paper has divided into two-part, first includes hundred MCQ for which 3 hours are allotted and second parts include 2 essays for which 1 hour is allotted. i.e. a total of 4 hours.
Certified Financial Management (CMA) exam conducted 6 times in a year in
January and February
May and June
September and October

What is the Full Form of CMA?

Full Form of CMA is Certified Management Accountant
Another Full form of CMA is
Credit Monitoring Analysis
Cost Management Accounting

What is CMA salary in India?

There is a huge demand for CMA US in India. Many multinational companies like TATA, IBM, Reliance, Amazon offer job for CMA US fresher. A CMA US fresher can get easily 4 to 5 lakh per annum package in India and 10 to 12 5 lakh per annum package in USA or Canada.

Is CMA better than CA?

CMA US is much better if you want to work in the USA, Canada or European countries however CA will be much better if you want to work in India.

How many years is a CMA course?

CMA course duration is 6 month but it’s depending on student to student that is how much time they clear this exam.
Usually, the student takes 2-3 years to complete this exam.


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