Are you looking for a career boost, that too in management accounting? And deciding on what to do and how long will the course take to complete. Do not worry, we are here to help you out!
First of all, CMA US is the best choice you can make if you are seeking a career in management accounting. Before pursuing any further, let us understand the course duration which is the first step toward planning your path to success.
Table of Contents:
About CMA Course
The US CMA course is globally recognized, opening varied career opportunities. The Certified Management Accountant (CMA) certification is offered by the Institute of Management Accountants (IMA) in the United States. It validates professionals’ expertise in management accounting and financial management, making it highly valued by employers around the world.
However, the time required to complete the certification varies depending on your educational background and professional experience. So, this blog further explores the course duration for the US CMA certification after completing 12th grade, after graduation, and for those who already hold a CA qualification. Understanding the CMA course duration will help you plan your journey more effectively and enable you to set realistic expectations for achieving this valued designation.
US CMA Course Duration: Overview
The time taken to complete the US CMA course is 12 to 18 months. There are several factors including the candidate’s prior knowledge, study pace, professional experience, mode of study (self-study or coaching), and familiarity with accounting and finance concepts, affecting the US CMA duration.
US CMA Course Duration After 12th
Senior secondary passouts from a recognized school of education are eligible to enroll themselves in CMA courses and initiate their CMA journey toward a successful career in management accounting. But, but, but. Hold your horses! You must complete a bachelor’s degree within 7 years of passing the CMA exams to obtain the certification.
The CMA duration after 12th is 12 to 18 months. You can consume 6 to 9 months each for Part 1 and Part 2, depending on the study schedule. However, for some familiarize themselves with fundamental accounting concepts.
US CMA Course Duration After Graduation
CMA aspirants with a bachelor’s degree from a recognized college or university can enroll in the US CMA course immediately. CMA duration after graduation will typically take 12 months, depending on the study plan and preparation level. Graduates, especially in fields such as accounting, finance, economics, or business management will be able to grasp concepts quicker than their counterparts who will consume more time achieving their CMA designation. Therefore, CMA duration after graduation on average is of a year.
US CMA Course Duration After BCom
Graduates having BCom degrees from an accredited college or university are eligible to sit for CMA exams. After BCom, CMA course selection is a good choice as some of the BCom subjects overlap with the CMA syllabus.
Several overlapping subjects such as financial accounting, cost and management accounting, and financial management, all are core components of the CMA syllabus. Additionally, BCom students are aware of economics, business law, ethics, auditing, and taxation fundamentals, which align with financial reporting, internal controls, and professional ethics taught in the CMA course. The degree also emphasizes quantitative techniques, data analysis, and information technology for business, which are essential for decision-making and performance evaluation in management accounting.
So, after BCom, the CMA course duration reduces to 9 to 12 months as the graduates are equipped with the skills and knowledge needed to pursue the CMA certification successfully, consuming less time.
CMA US Duration After CA
CAs can typically complete CMA in approximately 6 to 12 months as they have an advanced understanding of financial concepts, reducing the time needed for preparation. CMA focuses on management accounting, which includes cost management, budgeting, performance evaluation, financial planning, and strategic management. These subject areas align with a CA’s knowledge of financial accounting, auditing, taxation, and regulatory compliance.
Moreover, Both these certifications also teach about professional ethics, risk management, and internal controls in common. Due to their background, CAs may complete both parts of the exam even more quickly, sometimes within 6 months.
So, the CMA eligibility for Chartered Accountants (CA) is streamlined, recognizing their extensive financial expertise and professional experience. They are eligible to pursue the CMA certification without additional educational requirements, which significantly reduces CMA US duration after doing Chartered Accountancy.
Conclusion
CMA is a valuable certification that equips professionals with the necessary expertise required by employers to advance their careers in management accounting. Completing US CMA time duration depends on your educational background and the experience you have already gained, potentially reducing your time to gain CMA designation. Understanding these timelines is important as it will help you plan your path effectively, ensuring you set realistic goals and make informed decisions about your CMA journey.
FAQ’s
Is CMA USA very difficult?
It may be or may not as you can overcome any challenges by studying hard and putting in your best efforts. No doubt it tests your intellectual limits, so achieving this difficult certification is an achievement in itself. Only about half of the candidates taking the test pass the CMA exams.
Can I complete CMA USA in 1 year?
Yes, completing CMA USA in 1 year in itself is significantly tough but if you already possess the required knowledge and expertise, it can become easy for you to complete it in a year.
Which institute is best for CMA in India?
When considering the best institute for CMA in India, edZeb stands out as a top choice. You need to google it and read reviews that will enlighten you on how edZeb offers comprehensive training and resources, ensuring that students receive expert guidance and support throughout their preparation. With a focus on practical learning, experienced instructors, and a structured curriculum, edZeb equips candidates with the knowledge and skills needed to excel in the CMA exams and advance their careers in management accounting.
Is CMA USA worth it in India?
Yes, no one can deny the worth of CMA USA in India. It opens up significant job opportunities at a high salary package in multinational corporations across the management accounting domain.
Is CMA USA very difficult?
It may be or may not as you can overcome any challenges by studying hard and putting in your best efforts. No doubt it tests your intellectual limits, so achieving this difficult certification is an achievement in itself. Only about half of the candidates taking the test pass the CMA exams.
Can I complete CMA USA in 1 year?
Yes, completing CMA USA in 1 year in itself is significantly tough but if you already possess the required knowledge and expertise, it can become easy for you to complete it in a year.
Which institute is best for CMA in India?
When considering the best institute for CMA in India, edZeb stands out as a top choice. You need to google it and read reviews that will enlighten you on how edZeb offers comprehensive training and resources, ensuring that students receive expert guidance and support throughout their preparation. With a focus on practical learning, experienced instructors, and a structured curriculum, edZeb equips candidates with the knowledge and skills needed to excel in the CMA exams and advance their careers in management accounting.
Is CMA USA worth it in India?
Yes, no one can deny the worth of CMA USA in India. It opens up significant job opportunities at a high salary package in multinational corporations across the management accounting domain.
