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Meet the CMA Requirements: 9 Steps to Become a CMA

"If you are preparing for CMA USA exam then this blog Meet the CMA Requirements 9 Steps to Become a CMA will add values to your learnings and cracking the exam"

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Meet the CMA Requirements: 9 Steps to Become a CMA

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  1. Meet the CMA Requirements: 9 Steps to Become a CMA So, you are looking forward to becoming a CMA professional, but don’t really know what are the steps involved to qualify? You are at the right place! CMA requirements are rather simple and straightforward as compared to other exams like CPA. But they do require some time and effort. We have listed the 9 Simple Ways to Become a Certified Management Accountant! 1.Meet the CMA USA Education Requirements The first requirement in becoming a CMA is to earn your bachelor’s degree in an accredited university or a professional certification also works. CMA aspirants come from various backgrounds but mostly have their degrees in the field of accounting, finance, economics, and general business.

  2. Did you know? CMA candidates can also apply and attempt for the CMA USA exam even before earning their bachelor’s degree but many choose not to and first complete their degree or professional certification. But the choice is always yours. 2.Pay for IMA Membership CMA Candidates must be active members of the Institute of Management Accountants, or also called IMA, to become eligible to apply for CMA Certification. You can start by choosing a membership that suits you best and apply for the same. Here are your options for the IMA membership program. Each comes with its own set of features and prices. Make sure you do thorough research before paying for the membership.

  3.    IMA Professional Members IMA Student Members IMA Academic Members Staff Enrollment Discount Program 3.Join a CMA Program Another step to becoming CMA involves paying a non-refundable fee for the CMA Certification program. The prices of the entrance fees vary as per your IMA membership. After you pay this fee, getting your CMA Certification depends on the kind of CMA Exam prep you opt for and the duration it takes to work through the material.

  4. But it is important to know that candidates must pass both the parts of the CMA USA Exam within the 3 years of entry, and register for either of the CMA exam parts within the first 12 months of entry. If not, they will have to re-pay the fee and re-take the exam again. 4.CMA Review Course Program This is the time when Candidates have to start preparing to attempt their CMA USA exams. It is highly recommended for students to choose a training program that helps, supports, and fits them the best.

  5. At Hi-Educare, we focus on helping students prepare for their CMA Exam effectively and efficiently within short durations. Self-preparation is good but when this is coupled with a dedicated mentor and world-class student support, it becomes even better! Enroll yourself today to Hi-Educare- A leading CMA Training Centre in Bangalore that is steadily growing both in terms of reach and quality through: Full-coverage of CFA Syllabus Excellent Student Support Dedicated and Experienced Tutor Latest Mock tests and MCQs Best Study Materials and E-books Visit the link below to know more about Hi-educare.

  6. 5.Register for CMA USA Exam Like mentioned before, candidates must apply for either CMA Part 1 or Part 2 exam within the 12- month duration period. There are three test windows each year for CMA USA Exam which include:    January/February May/June September/October Keep an eye on the upcoming dates of registration and closing. After you register, you will receive an authorization from ICMA, from which you schedule your test in the nearest Prometric centers that conduct CMA USA exams. Once you know you will be attending your CMA USA Exam soon, you will be charged with getting ahead and preparing your CMA USA syllabus. 6.Qualify CMA Exam It is now time to give the best of your ability to one of the most life-changing exams of your life. CMA USA is a computer-based exam that consists of two parts- Part 1 and Part which are suggested to be taken separately as candidates can effectively prepare.

  7. Each CMA Exam is of 4 hours in duration- 3 hours is dedicated for MCQs while the remaining hour consists of 2 essay type questions. Part 1 of CMA USA consists of Financial Planning, Performance, and Analytics while Part 2 focuses on Strategic Financial Management. Understand the pattern of the CMA USA exam before you sit for it. You will be required to correctly answer at least 50% of the MCQs before you can move ahead to the essay part. Failing to answer correctly, will mean you will have to re-take the exam. 7.Fulfill the Experience Qualification One other important requirement for CMA eligibility is completing at least 2 years of professional experience. This must be fulfilled either before or within 7 years of passing your CMA Exam. Candidates are required to have a full-time position for two years or a part-time position for 4 years in the field of management accounting and/or financial management.

  8. 8.Apply for your CMA Certificate After you complete both the parts of CMA, gain the needed two years of professional work experience, you can now apply for your CMA Certificate!

  9. To apply, send in your application directly to IMA by following the instruction on your personal IMA account. 9.Comply with Ethical Standard and CPE After becoming a CMA professional, you are still required to comply with Continuing Professional Education (CPE) to maintain your certification. But what are they? Now Certified Management Accountants are required to complete a minimum of 30 hours of CPE every year with at least 2 hours being in the area of ethics. Ensure to keep all your CPE certificates safe for any random checks. We hope this helped you! Visit Hi-Educare to know more. Become a CMA USA Professional – CMA USA Online Live Classes Learn from the best CMA USA Mentor and Industry expert Mr.Haresh Ratnagrahi CPA,CMA,FCA,CFM,ACMA,CISA,CRISC, MCSD certified professional. Hi-educare got you covered for CMA USA training with 1. Live Online Classes with flexible scheduling and faster completion 2. 500+ Hours of Intensive Coaching 3. No. 1 in Result Percentage 4. Leverage Wiley Kits Benefits 5. Regular Mock Exams to make you acquainted with the Final Exam 6. Use of Artificial Intelligence to find out when you are ready for the Exam

  10. 7. 1- on -1 Mentoring and Support 8. Access to learning resources 9. Learn from industry experts 10. Potentially lower cost Want to know more about Hi-Educare? Call Now: +91 6361515064 / +91 9739177769 Email: info@hi-educare.com Visit: https://bit.ly/350Ei8l

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