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If one is good in crunching numbers and aspiring to make a career in accounting, then taking CMA exams is the right decision. Though the CMA (Certified Management Accountant) exams are considered tough, with the right training by the experts, one can easily crack the exams. CMA is a professional certification exam in management accounting and finance management fields. The certification demands the person to possess knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.
In Sulekha, the 2 service experts who excel in CMA coaching in Saharanpur will help you to become a professional management accountant in the field of accounting. The CMA tuitions in Saharanpur withholds highly-experienced staff who train several students successfully. The five-star rated CMA tuition centers in Saharanpur effectively train the students to crack the CMA exams.
The designation of Certified Management Accountant is obtained by pursuing the CMA course and facing the toughest exams. The pass percentage is considerably not great across the world. Such is the standard of this course. However, the professional CMA tuitions in Saharanpur will guide you to face the examination and pass them with a good score.
The CMA course is divided into three broad categories called Foundation, Intermediate and Final exam with 20 papers in total. The CMA tuitions in Saharanpur conduct coaching classes for all 20 papers that contribute to the course. They are:
| CMA Foundation | Details |
| Papers | Subjects |
| Paper 1 | Fundamentals of Economics and Management |
| Paper 2 | Fundamentals of Accounting |
| Paper 3 | Fundamentals of Law and Ethics |
| Paper 4 | Fundamentals of Business Mathematics & Statistic |
| CMA Intermediate | Details |
| Paper 5 | Financial Accounting |
| Paper 6 | Laws, Ethics and Governance |
| Paper 7 | Direct Taxation |
| Paper 8 | Cost Accounting and Financial Management |
| Paper 9 | Operation Management Information System |
| Paper 10 | Cost and Management Accounting |
| Paper 11 | Indirect Taxation |
| Paper 12 | Company Accounts & Audit |
| CMA Final | Details |
| Paper 13 | Corporate Laws and Compliance |
| Paper 14 | Advanced Financial Management |
| Paper 15 | Business Strategy & Strategic Cost Management |
| Paper 16 | Tax Management and Practice |
| Paper 17 | Strategic Performance Management |
| Paper 18 | Corporate Financial Reporting |
| Paper 19 | Cost and Management Audit |
| Paper 20 | Financial Analysis & Business Valuation |
The fees amount differs for all three stages of CMA exams. They are given below.
| Course | Fees (Approximate) |
| Foundation | Rs 4,000 to Rs 6,000 |
| Intermediate | Rs 18,000 to Rs 25,000 |
| Final | Rs 15,000 to Rs 20,000 |
The first and second part of the CMA course, which is called Foundation and Intermediate, together, should be cleared within two to three years. The calculation of this period will start right from the day when a candidate enters into a CMA program. If the applicant fails to clear the two exams within three years, then they have to retake it. Usually, the students are asked to clear the foundation and intermediate in six months, respectively. Because, after this, they will need one year for final exam preparation. Then the final exam should be taken.
The CMA-certified professionals work inside organizations of all sizes, industries, and types, including manufacturing and services, public and private enterprises, not-for-profit organizations, academic institutions, government entities (USA), and multinational corporations worldwide. To obtain CMA, one has to pass the tedious CMA exam.
In the field of finance and accounts, several CMAs hold a prestigious position. Some of them are:
Below are the salary details provided for accountant and financial officers per year.
| Job profile | Approximate Salary (Per Annum) |
| Chief Financial Officer | Rs 30 to 60 lakhs |
| Cost Accountant | Rs 5 to 10 lakhs |
| Finance Manager | Rs 5 to 15 lakhs |
| Asst. Finance Manager | Rs 2 to 8 lakhs |
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