CMA USA Part 2
The CMA USA syllabus is full of knowledge and is designed to build up financially strong students. It is created in a robust manner to specifically validate the mastery of advanced skills which are vital to manage and control the finance functions of organizations. It enables students to deliver mettle solutions in a complex business environment. Due to their strong conceptual and practical knowledge, CMA USA professionals play an evident and integral role in the strategic decision-making process. Both CMA USA Part 1 and part 2 portions are planned to deliver value to professionals through knowledge-rich chapters and information required for practical practice.
CMA USA Part 2 revolves around financial decision making in the corporates. CMA USA Part 2 technically covers the below portions-
- Financial Statement Analysis - 20%
- Corporate Finance - 20%
- Decision Analysis - 25%
- Risk Management - 10%
- Investment Decisions - 10%
- Professional Ethics - 15%
Ideally, a CMA certification allows students to enjoy multiple carrier opportunities. CMA opens up a chance of having a highly rewarding career in the corporate world. Organizations recognize CMA professionals and they are considered to have strong core finance knowledge. CMA’s are highly skilled in practical applications in the financial and accounting domain. Also, finance is an evergreen field and the demand for CMA’s is evolving positively. CMA’s grow profoundly in the corporate jungle in terms of compensation and role. Thus, CMA aspirants can be assured that their invested time and energy for completing the CMA course would bag them rich dividends for a stable life.
Top Tips to prepare for your CMA USA Part 2 examinations are –
- Stay focused and patient by maintaining a study schedule.
- Always organize and plan your study potions beforehand.
- Stay consistent in your preparation and keep referring to your schedule in case you ever go off track.
- Always keep a wide window of revisions. Underestimating the power of revisions is a very unsmart thing to do. Make sure you revise, revisit, and refresh every portion you have learned up. It helps you sync in all information you have learned logically in your mind.
CMA USA Requirements
To enroll for CMA USA course IMA requires candidates to –
Minimum be enrolled with an accredited university or college to pursue a bachelor’s degree (Or) Have a graduation degree from an accredited college or university
However, to qualify as a CMA, IMA requires candidates to meet the following requirements –
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Be an active member of IMA and clear both CMA USA Parts 1 and 2 Exams
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To be a graduate from an accredited college/university or a related professional certification
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To follow IMA's Statement of Ethical Professional Practice and
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Have a minimum of two continuous years of full time work experience related to accounting and finance.
The candidate once becomes an active member of IMA, have to attempt minimum one part exam before 12 months of registration and the duration provided by IMA for clearing both Part 1 and 2 Exams is three years.