A Certification course in Management Accounting offered IMA-The Institute of Management Accountants, US.
The US CMA exam consists of two parts that assess expertise in management accounting, financial planning, and strategic decision-making. Each part is scored out of 500 marks and includes a combination of multiple-choice questions and practical case-based assessments.
Working Professionals - 300$
UG/ PG Students - 225$
Working Professionals - 295$
UG/ PG Students - 49/160$
Working Professionals - 545$
UG/ PG Students - 407$
Siddhi Professional Classes is a really good place for students who want clear teaching and proper guidance. The teachers explain every topic in a simple way, which helps students understand even difficult subjects easily. They are patient, friendly, and always ready to solve doubts. The class environment is comfortable, and students feel confident to ask questions. Notes are well-prepared and useful for revision. Regular tests help students understand their weak areas and improve their scores. Overall, Siddhi Professional Classes is a reliable and helpful coaching institute for students who want strong preparation and good results.
I had a very good learning experience with CMA Classes, especially the Dombivli branch. The faculty is highly knowledgeable and explains concepts in a clear and practical manner, which is very helpful for CMA students. Regular tests, doubt-solving sessions, and exam-oriented guidance make the preparation structured and effective. The study material provided is comprehensive and up to date with the ICMAI syllabus. Overall, the Dombivli branch offers a supportive environment and quality teaching for serious CMA aspirants.
Siddhi Professional Classes is a great coaching center. The teachers explain topics very clearly and give personal attention to every student. The environment is friendly, the notes are helpful, and regular tests improve confidence. A very good place for learning and scoring better. Staffs and teachers are very helpful and solve every problem. If you are finding classes for CMA and CMA USA just contact Siddhii Professional near by your branch !!!
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A Cost and Management Accountant specialises in navigating managerial decisions, stabilising budgets and standards, assessing operational efficiency and the effectiveness of production and service management, identifying accountability for profit variance. His responsibilities include: designing and implementing effective management information and control systems, planning costing systems and methods, inventory control incorporating mathematical models, investment analysis, project management, internal audit, cost audit, diagnosis in the case of sick industries, fund management, pricing planning, interpreting information and data related to business activities and translating them in such a way as to guide the core management into taking the right decisions.
CMAs are committed to:
The subjects for Foundation Course are :
Paper 1 Fundamentals of Economics and Management
Paper 2 Fundamentals of Accounting
Paper 3 Fundamentals of Laws and Ethics
Paper 4 Fundamentals of Business Mathematics and Statistics
The Intermediate Course consists of two Groups comprising of the following papers :
Group - I
Paper 5 Financial Accounting
Paper 6 Laws & Ethics
Paper 7 Direct Taxation
Paper 8 Cost Accounting
Group - II
Paper 9 Operations Management & Strategic Management
Paper 10 Cost & Management Accounting and Financial Management
Paper 11 Indirect Taxation
Paper 12 Company Accounts & Audit
The Final Course consists of two Groups comprising of the following papers :
Group - III
Paper 13 Corporate Laws & Compliance
Paper 14 Strategic Financial Management
Paper 15 Strategic Cost Management-Decision Making
Paper 16 Direct Tax Laws and International Taxation
Group IV
Paper 17 Corporate Financial Reporting
Paper 18 Indirect Tax Laws & Practice
Paper 19 Cost & Management Audit
Paper 20 Strategic Performance Management and Business Valuation.
The students are required to undergo the following training:
I. 3 days “Communication and Soft Skills” for Intermediate students
II. Compulsory Computer Training for Intermediate students for 100 hours
III. 7 days “Industry Oriented Training Programme” after enrolling for Final course.
IV. 15 days Modular Training after passing Final course and before campus.
V. Practical training, as provided in regulations.
Offering Organizations:
CMA US: Offered by the Institute of Management Accountants (IMA) in the United States.
CMA India: Offered by the Institute of Cost Accountants of India (ICAI).
Focus:
CMA US: The CMA certification from the IMA focuses on global management accounting principles and practices, emphasizing financial planning, analysis, control, decision support, and professional ethics.
CMA India: CMA India from the ICAI emphasizes Indian accounting standards, regulations, and practices along with global management accounting principles.
Recognition:
CMA US: Widely recognized globally, particularly in the United States and North America, but also increasingly accepted internationally.
CMA India: Recognized mainly within India and some neighboring countries, but may not have as much recognition on a global scale as CMA US.
Curriculum:
CMA US: The CMA curriculum covers two parts with topics such as financial reporting, planning, performance, and internal controls, as well as decision analysis, risk management, investment decisions, and professional ethics.
CMA India: The CMA India curriculum also covers similar topics, but with a focus on Indian accounting standards and regulations, making it more tailored to the Indian business environment.
Exam Structure:
CMA US: The CMA exam consists of two parts, each with multiple-choice questions and essay questions.
CMA India: The CMA India exam structure may vary but typically consists of multiple-choice questions and possibly essay questions as well.
Membership:
CMA US: Candidates who pass the CMA exam become members of the IMA and can use the CMA designation.
CMA India: Similarly, candidates who pass the CMA India exam become members of the ICAI and can use the CMA designation.
We are committed to rigorous academic training combined with practical industry knowledge, ensuring that our students excel as ethical and skilled professionals in financial management and strategic decision-making.
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