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CMA (Certified Management Accountant) Course

Cma

About the Course

The global standard in management accounting is the Certified Management Accountant (CMA) certified by the Institute for Management Accountants (IMA) in the UAE. It is an internationally recognized qualification, thus the CMA Course is highly valued in over one hundred and fifty-five countries.

To the accounting and finance occupations, the CMA certification gives professionals international job prospects in the field within a span of 9 to 12 months. It could be possible to start preparing for the CMA examination right from your twelfth standard. High employment acceptance by companies and recruiters have made CMA certification to be in high demand thus placing it at the top of the accounting and finance certification.

Our trainers have not only excelled in the CMA examinations at UAE, but they are also dedicated educators with proven success in the classroom. At Acamind, that’s exactly who you’ll find.They know the unique pressures and aspirations of students in the UAE, and they’ve tailored their approach accordingly. Their guidance is more than teaching; it’s a partnership, a journey we walk together. Let us be your compass as you navigate the complexities of the CMA.

Main highlights of our unique CMA program

ACAMIND proudly offers students a comprehensive suite of services designed to maximize their success:

  1. Unrestricted access to our extensive our library and CMA test preparation materials, which supplies all of the tools required for success.

  2. At ACAMIND Prep Zone, students enjoy CMA guidance carefully crafted to guide students throughout their preparation journey.

  3. A full-length practice test and thorough reviews, help students to build up their level of confidence and know the real situation on the exam.

  4. Expert advice during a college consultation session, tailored to help students navigate their higher education options.

  5. ACAMIND privileges to maintain the communication in the scheme of mentor support, providing the student, parents, and tutors with direct access to the mentor and involving only one subject in the interaction.

  6. Experience the real test environment with 10 full-length mock exams, designed to simulate the CMA and build your test-day readiness.

  7. Students are provided with hassle-free assistance with test registration, ensuring they are all set for the big day.

  8. Get additional guidance from the specialized tutors who are focused on the reading, writing, and math sections and target strategies for your preparation.

Course Module

The Certified Management Accountant (CMA) examination is divided into two parts, each covering distinct areas of management accounting and financial management. Below is a breakdown of the syllabus for each part of the CMA exam:

Part 1: Financial Reporting, Planning, Performance, and Control

  1. External Financial Reporting Decisions
    • Financial Statements Preparation
    • Income Recognition
    • Measurement and Valuation of Assets, Liabilities, and Equity
    • Disclosure of Financial Information
  2. Planning, Budgeting, and Forecasting
    • Budgeting Concepts and Processes
    • Forecasting Techniques
    • Financial Planning Models
  3. Performance Management
    • Cost and Variance Analysis
    • Performance Metrics and Key Performance Indicators (KPIs)
    • Balanced Scorecard
  4. Cost Management
    • Cost Behavior and Analysis
    • Cost Allocation and Cost Systems
    • Variance Analysis
  5. Internal Controls
    • Risk Management
    • Internal Control Frameworks
    • Control Procedures and Compliance
  6. Technology and Analytics
    • Information Systems and Technology
    • Data Analytics and Visualization
    • Information Security and Control

Part 2: Strategic Financial Management

  1. Financial Statement Analysis
    • Ratio Analysis
    • Trend Analysis
    • Cash Flow Analysis
  2. Corporate Finance
    • Capital Budgeting and Investment Decisions
    • Financing Decisions and Capital Structure
    • Risk Management and Hedging
  3. Decision Analysis
    • Cost-Volume-Profit Analysis
    • Relevant Costs and Decision Making
    • Pricing Strategies and Profitability Analysis
  4. Risk Management
    • Enterprise Risk Management
    • Risk Identification and Assessment
    • Risk Mitigation and Control Strategies
  5. Investment Decisions
    • Portfolio Management
    • Valuation of Securities and Investment Projects
    • Capital Markets and Financial Instruments
  6. Professional Ethics
    • Ethical Principles and Standards
    • Ethical Decision-Making Frameworks
    • Regulatory and Compliance Issues

Preparation Tips For Students

  • Review and understand subject-wise syllabus and exam pattern

  • Separate the easy and challenging chapters and begin with the easier ones.

  • Distribute the topics equally as per priority and start preparation.
    Make weekly schedules for all major subjects or whatever seems difficult to you.

  • Identify your weak areas and take the requisite measures to overcome them.

  • Practice the previous year’s question papers.

Frequently Asked Questions

How long is the CMA exam?

Each part of the CMA exam lasts for 4 hours. It includes 100 multiple-choice questions (MCQs) and two essay questions. The MCQs must be completed within 3 hours, and the essays take 1 hour.

To be eligible, candidates must have a bachelor’s degree from an accredited institution and two years of professional experience in management accounting or financial management. They must also be a member of the IMA.

The CMA exam is offered three times a year during specific testing windows: January/February, May/June, and September/October. Candidates can schedule their exam on any available date within these windows.

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