CMA Certification Requirements: Know What It Takes to Get Your CMA in 2024

To become a CMA in 2024, you will need to complete the following steps:

To become a Certified Management Accountant (CMA) in 2024, you’ll typically need to fulfil the following requirements: To become a Certified Management Accountant (CMA) in 2024, you’ll typically need to fulfil the following requirements:

Education: You must have a bachelor’s degree from an accredited institution or a related professional certification. Some CMAs pursue advanced degrees, although it’s not mandatory.

CMA Exam: Pass the CMA exam, which consists of two parts:

Part 1: Financial Reporting, Planning, Performance, and Control

Part 2: Financial Decision Making

Experience: You need to have at least two continuous years of professional experience in management accounting or financial management. This experience can be gained before or after passing the CMA exam.

Membership: Join the Institute of Management Accountants (IMA) and maintain an active membership in good standing.

Ethics: Uphold the ethical standards set forth by the IMA. This includes agreeing to abide by the IMA’s Statement of Ethical Professional Practice.

Continuing Education: Participate in continuing education to maintain your CMA certification. This typically involves obtaining a certain number of continuing professional education (CPE) credits annually.

It’s essential to check the specific requirements and any updates from the Institute of Management Accountants (IMA), as certification requirements may evolve over time. Additionally, it’s a good idea to consult with current CMAs or professionals in the field to gain insights into the certification process and profession.

CMA Intermediate Eligibility Criteria 2024:

CMA Inter 2024 registration link

CMA Intermediate: A Complete Guide

Mode in CMA registration for Inter 2024

Candidates can register for the CMA exams in any of the two modes:

• Online
• Postal (E-learning)

CMA Inter-Registration Fees 2024

The CMA intermediate registration fees can be paid in two modes: online and postal. Candidates can choose any of the payment modes according to their preference. The detailed registration fee for CMA Inter 2024 has been given below:

Steps to Apply: CMA Intermediate Registration 2024

To apply for the CMA Intermediate course, candidates have two options-

Option 1: Apply through CMA Foundation course

Option 2: Direct entry route

The below steps can be followed by candidates to fill out the online CMA Intermediate 2024 application form for June session:

Step 1: Visit the official website of ICMAI, icmai.in. Click on the link “Students” visible on the menu bar  shown

Step 2: Click on the link “Admission” visible on the menu bar. This will redirect you to the admission page of ICMAI.

Step 3: Now, out of the given options on the left side of the screen, select the option “Online admission,” visible in red font

Step 4: After clicking the same, the application page will appear on the screen. Click on “Apply for Intermediate Course” link as visible in the image below. You can fill out the CMA Intermediate application form for the June 2024 exams.

Step 5: Enter details such as highest qualification, registration type, email ID, coaching type, etc. to generate an OTP for CMA Intermediate 2024 registration.

Step 6: Login credentials will be sent to your registered email ID. Now, proceed to fill your CMA Intermediate application form 2024. Details like your name, parent’s name, date of birth, gender, address details, qualification details, and related information are to be filled out while filling out the application form. Click on ‘Save and Next’ after verifying your information.

Step 7: Upload the documents. You will now be required to upload all relevant documents accordingly.

Step 8: Once done, complete the registration process by making the CMA Intermediate fee payment. After the CMA Intermediate 2024 registration fee is successfully paid, a confirmation receipt will be visible on the screen; download and save it for future reference.

Also, check the CMA Intermediate Syllabus 2024

What after CMA Intermediate Registration 2024?

The Institute of Cost Accountants of India (ICMAI) will notify the exam dates for CMA Intermediate June 2024 session. Candidates who want to appear in the June session will have to fill out the exam form in online mode. For preparatory purposes, one can refer to the CMA Intermediate study material 2024 and CMA Inter previous year question papers.

CMA Intermediate Admit Card 2024:

Once the exam form window closes, ICMAI will release the CMA Intermediate admit card on its official website. Before appearing in the exam, all candidates should download and get a print of the CMA Intermediate admit card. Candidates reaching the exam centre without the CMA Intermediate admit card will not be allowed to appear for the exam.

The CMA Intermediate subjects focus on various facets of financial and cost accounting and business laws. There are four subjects each in the CMA Inter Group 1 syllabus and the CMA Inter Group 2 syllabus. The table given below describes the subjects in the CMA syllabus 2023 Intermediate.

CMA Inter-Subjects

CMA Inter-Syllabus for the June 2024 session:

The topics included in CMA Intermediate syllabus are mostly related to finance, cost accounting, taxation and others and are divided into different topics and subtopics. The CMA Intermediate Syllabus 2022 includes two groups and 8 papers (5–12) based on the “Syllabus 2016”. Candidates preparing for the CMA exam can check the detailed syllabus on the web.

How to Download CMA Intermediate Syllabus 2024

Step-1: Visit the official website of the Institute of Cost Accountants of India, icmai.in

Step-2: Click on the “Students” tab and find “Admission”.

Step-3: Click the same and find “Syllabus 2022: Contents from the list available on the left-hand side of the page

Step-4: Choose CMA Intermediate syllabus and download the file for future reference.

CMA Intermediate Exam Pattern 2024

Candidates preparing for CMA Intermediate exam 2024 should know the CMA Inter exam pattern. It will provide them a good insight into the mode of exam, number of questions asked, test duration, marking scheme and other relevant information. Candidates interested in CMA can opt for the December/June session by completing CMA Intermediate registration.

CMA Intermediate 2024 Exam Pattern

CMA Intermediate Study Material 2024:

The ICMAI prescribes study materials for CMA Intermediate and candidates can download the same by visiting its official website. Study material is essential for preparing for the examination. Candidates can also

Download previous-year question papers along with the study materials and other relevant resources from the ICMAI website

CMA Exams in 2024:

The CMA exams for this year will take place from June 11 to June 18, 2024

• Career Opportunities:

  After clearing the CMA exam, candidates can pursue roles such as:

  • • CFO
    • Financial Controller
    • Finance Manager
    • Cost Controller
    • Auditor

• Average Salary:

  The average salary for a Certified Management Accountant in India ranges between INR 16 LPA to 23 LPA¹.

Remember that the CMA certification holds global recognition and credibility, making it a valuable qualification for finance professionals.

Conclusion:

understanding the CMA certification requirements is crucial for those aspiring to advance their careers in management accounting and financial management. Through this comprehensive guide, we have outlined the essential steps and qualifications necessary to pursue the CMA designation in 2024.

From educational prerequisites to exam preparation, we’ve navigated the path to CMA certification, shedding light on the rigorous yet rewarding journey that lies ahead. By emphasizing the importance of relevant education, professional experience, and mastery of CMA exam content, individuals can position themselves as competent and respected professionals in the field of management accounting

As we conclude our exploration of CMA certification requirements, it’s evident that obtaining this prestigious designation signifies not only a commitment to excellence but also a dedication to continuous learning and growth. By embarking on this journey, individuals can unlock a wealth of opportunities for career advancement and personal fulfilment in the dynamic realm of management accounting.

In essence, the CMA certification serves as a testament to one’s expertise, integrity, and dedication to the field, paving the way for a successful and rewarding career in management accounting. As we look to the future, let us embrace the challenges and opportunities that lie ahead, knowing that the CMA designation equips us with the knowledge and skills needed to thrive in an ever-evolving business landscape