What are the test papers included in CMA Final course level?
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1 Answer
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CMA Final exam has two-course groups. Candidates can either appear for a single course group or both course groups in one session. The space below mention the test papers for both the course groups of the CMA Final exam:
Final Course Group - III
- PAPER 13: Corporate and Economic Lawns (CEL)
- PAPER 14: Strategic Financial Management (SFM)
- PAPER 15: Direct Tax Lawns and International Taxation (DIT)
- PAPER 16: Strategic Cost Management (SCM)
Final Course Group - IV
- PAPER 17: Cost and Management Audit (CMAD)
- PAPER 18: Corporate Financial Reporting (CFR)
- PAPER 19: Indirect Tax Lawns and Practice (ITLP)
- PAPER 20: One of the following subjects
- PAPER
...more
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Absolutely! Many subjects like Financial Accounting, Corporate Law, Taxation, and Auditing directly overlap with professional courses. Students often say that their B.Com (Hons) syllabus gives them a head start in cracking CA/CS/CMA exams, saving them study time later.
To become a CMA in the USA, you need to:
- Become a member of the Institute of Management Accountants (IMA).
- Meet the required education and work experience criteria.
- Successfully pass both parts of the computer-based CMA exam.
- Complete required continuing education units to keep your certification active.
We have listed below the CMA US eligibility criteria for international students:
- Register yourself with the IMA.
- You must have a Bachelor's degree from an accredited college or university. If you are pursuing your graduation, you are still eligible for the US CMA. Degree verification must be done within 7 years of finishing the CMA examination.
- In order to earn a CMA certification, you must have 2 years of continuous work experience. This work experience must be in Management Accounting and/or Financial Management field.
The average CMA in USA salary is USD 126,000, but may vary on factors like experience, industry, company size, and location. The details are given below:
- Mean Salary: USD 86,924 (INR 72.2 L)
- Median Salary: USD 67,500 (INR 56.5 L)
Conversion Rate: 1 USD = INR 83.70
The CMA programme in USA, offers flexibility for aspiring management accountants to complete the course. While CMA in USA typically takes 12 to 18 months to complete both exam parts, however, dedicated students can finish in 6 to 9 months also. Candidates also have a three-year window to complete the CMA course in USA starting from the date of registration to earn their CMA certification.
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