Certified Management Accountants (CMA , US) Bur Dubai, Dubai

Course details

Certified Management Accountant (CMA) Course Overview:

Every industry today is demanding that the managers exhibit more analytical and strategic skills in their workplace. The Certified Management Accountant (CMA) certification is regarded as the global benchmark for management professionals in the field of finances and accounts. The certification is focused on building executives in this field who can take up leadership roles in the future through a thorough understanding of the ‘why’ in accounting & finance. The CMA certification can be your key to the next level in your accounting career. Institute of Management Accountants (IMA) issues the certification for Certified Management Accountant (CMA). IMA is a global body that strives for excellence in management accountant profession and the CMA certification has been around for over 50 years.

Candidates have to pass the CMA examination which is held in two parts covering 12 competencies which are designed to align with the challenges of the field and demands of the professions. CMA exam preparation requires a lot of dedication and intensive learning. Learners Point is focused on giving you the best facilities and teaching experience so you can achieve your potential for this examination.

CMA Course Objectives

• The field of accounting is expected to grow at a rate of 6% from 2019 to 2029. This growth rate is as fast as the average growth of jobs overall in the job sector.
• Every company has its own accounting management system and there is no standardization in the field. This creates a lot of opportunity in the market for job seekers because every company wants to design their unique system. CMA salaries are one of the best in the industry.
• Advanced business systems and globalization of businesses call for advancement in accounting as well as additional staff that has management skills & acumen to handle expanding businesses.
• Around 70000 professionals have been awarded the CMA certification and are in huge demand by the employers worldwide.
• Certified Management Accountants (CMAs) have 63% salary advantage globally compared to non-CMAs. The average salary difference can be up to 25000 US dollars. The younger candidates enjoy better returns on their investment through lifetime earnings with higher Certified Management Accountant salary.
• The CMA certification ensures enhanced job opportunities and job security with a focus on critical thinking and strategic thinking. CMAs have the capability to adapt, innovate and find future proof solutions aligning with technological advancements.

Course Outline:

The CMA syllabus for certification set by IMA has undergone modifications applicable from January, 2020. Part 1 now has a new section on Technology and analytics to align with the changing needs of accounting. In part 2, the weightage of decision analysis and professional ethics has been increased.

Financial planning, performance, and analytics

• 15% - External financial reporting decisions
• 20% - Planning, budgeting, and forecasting
• 20% - Performance management
• 15% - Cost management
• 15% - Internal controls
• 15% - Technology and analytics

Strategic financial management

• 20% - Financial statement analysis
• 20% - Corporate finance
• 25% - Decision analysis
• 10% - Risk management
• 10% - Investment decisions
• 15% - Professional ethics

CMA Certification:

Certified Management Accountant certification is awarded by the Institute of Management Accountants (IMA) which is the body that regulates, conducts and manages examination & membership for CMAs. With headquarters in New Jersey, USA, IMA has a reach to over 140 countries. It is a globally recognised and highly acclaimed certification. The CMA certifications come under the Institute of Certified Management Accountants (ICMA) division of IMA. The examinations are intensive and therefore, the holders of CMA certification are recognised for their unique competencies and advanced skills in the challenging and developing field of accounting & corporate finance.

CMA Course Exam Schedule:

• January/February
• May/June
• September/October

Student Reviews:

Sadiq Rehman - “The CMA examination preparation at Learners Point was extremely helpful in securing my CMA certification. The staff is well versed with the requirements of the examination and guides you at every step.”

Darshan Patel - “I had a great experience studying and preparing for CMA certification at this institute. I chose to study here on the recommendation of a friend who is already a Certified Management Accountant. I wanted to do this certification to gain momentum in my career as an accountant and take up management roles. The study methods at Learners Point are well suited to prepare you for the CMA examination. The case studies prepare you to handle real-life problems and situations. The teachers here are highly experienced and helpful.”

Why Learner's Point:

As a leading provider of CMA training, we offer the most comprehensive curriculum with the following benefits:

• Real-world scenario-based CMA training, ensuring practical skills and knowledge.
• Hands-on experience through live interactive sessions and assignments that simulate actual work environments.
• Group sessions and integrated training modules designed to enhance the learning experience.
• A focused approach to career guidance, helping students secure positions in renowned organizations.

Updated on 26 November, 2024