A STEP BY STEP GUIDE TO BECOMING A CMA AFTER CLASS 12

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How to Become CMA after class  12

CMA is one of the rare courses that can be pursued after 10+2 I.e. 12th class. You will find all the crucial details below on how to pursue CMA after the 12th.

What is the CMA Course? 

• The US CMA course is a credential course in management accounting that is globally acknowledged and is the most sought-after credential. 
• The US CMA course is considered to be the most elevated level of certification in management accounting. 
• The majority of people don’t comprehend the CMA course in full form, which is Certified Management Accountant. This credential is given by the Institute of Management Accountants IMA, USA. 
• The CMA approach will make a huge impact on the candidate’s career and help them with better options in the future with more incentives.

What is Management Accounting?

• Management Accounting assists in making short-term and long-term goals. It’s a method through which decisions are made and goals are pursued. 
• It also plays an essential role in forecasting the cash flow, it assists in the creation of a budget so that the income is not affected. 
• Management accounting is valuable for businesses in achieving their goals by measuring, analyzing, or communicating information to managers. 
• By operating analytical techniques, management accounting assists in reporting how much of the target was achieved and the predictions based on it, including the objectives. 
• Some of the functions that a candidate can pursue after completing their CMA course are Finance Manager, Financial Analyst, Financial Risk Manager, Cost Accountant, etc. 
• CMA is an expanding profession, so the career range is wide with fewer limitations.

CMA course after 12th

• There are no detailed criteria to give the CMA course exam and any researcher can apply. Even though this course can be pursued after the 12th, there are rare important criteria that ought to be met to obtain the CMA certification.
• The nominee should be a functioning member of IMA if they want to occur for the exam and utilize the CMA designation. 
• The candidate should be seeking a bachelor’s or any equivalent education. To get the CMA certification, the candidate should hold completed their Bachelor’s.
• A candidate has 3 years to clear both examinations from the date of registration. If accomplished with focus and commitment, both parts of the exam can be cracked within 6-12 months. 
• To utilize the CMA designation and acquire the certification, the candidate should have appropriate work experience of a minimum of 2 years.
• The candidate has a whole of 7 years to obtain the certificate, which means that the candidate should have a bachelor’s degree, should have cleared the ethics exam, cleared both parts of the CMA exam, gain appropriate work experience, and have an engaged IMA membership within the period.

Applying for CMA?

To apply successfully, obey this step-by-step guide.

Step 1- Please confirm that you meet the CMA exam eligibility requirements. Remember to consider education and experience benchmarks in addition to passing the CMA exams.

Step 2- Next, choose and prepare the appropriate exam materials.

Step 3- Enter the IMA and register as a member. Determinate that you can join as a student or as a professional. It is essential to note that joining the IMA is only needed once you are ready to register for the exams.

Step 4- The CMA entrance and exam registration fees must be settled. Pay the fees 6 to 8 weeks before your first exam date is suggested. You have three years from the time you settle to crack both parts, so you can give yourself a better time if you wait. If you linger too long, you may be incapable to schedule your exam date and time, particularly if you are writing it near the end of an exam window.

Step 5- The IMA will allocate you an authorization number. It is needed to schedule your exam date and time on Prometric.

Step 6- Reach Prometric to schedule your exam date and time. You will require your authorization number for this task. Also, if you desire to reschedule it for later, there will be a $50 USD fee. You will not be capable to change the exam window.

Step 7- Eventually, go over the instructions likewise. You should comprehend what to expect on exam day and what to get to the exam hall.

CMA Self-study

Certified Management Accountants or CMA is a professional certification program presented by the Institute of Management Accountants (IMA). 

It is designed to present the candidates with all the essential skills to be thriving in Management Accounting. It is a globally acknowledged and accredited certification with a syllabus designed for the candidates to master 12 essential practice areas in the said field. 

CMA can be one of the considerably renowned courses for any student or employee for its global exposure, attractive salary, and sounder credentials. Regardless, it may not be easy to study and clear the exam on the initial attempt. 

CMA certification needs tremendous effort, time, dedication, and consistency to equip for the exam. Not everyone understands and grasps information in the same way. Therefore, it depends on which method fits you the most to study for the CMA Certification that may very well influence your whole career.

Why is the CPA Exam Hard?

To understand what makes the CPA Exam so challenging, let’s take a synopsis of the exam.

The CPA Exam is made up of four distinct parts: Monetary Auditing and Reporting (FAR),

Auditing and Attestation (AUD), Regulation (REG), and Business Environment and Concepts (BEC).

Per exam, the section focuses on various accounting knowledge and operates questions kinds like

simulations and multiple-choice questions to evaluate your knowledge. Every section has a time.

limitation of four hours, or a total of 16 hours to conclude the entire CPA Exam.

To compute, the CPA Exam is hard, because there is a comprehensive number of details covered.

on the exam and, with most examination courses, quite a plenty of study time is required.

A Certified Public Accountant (CPA) is the most elevated standard degree in the field of Finance.

and Accountancy. It's a really good career option to go for!