Certified Management Accountant (CMA) is a globally recognized certification course offered by the Institute of Management Accountants (IMA), USA. It provides professionals and students with essential skills in problem-solving and strategic management. In this blog, we will explore the US CMA course in 2023, including exam dates, registration, syllabus, exam pattern, and weightage of each paper.
US CMA Course Overview:
The US CMA course bridges the gap between financial accounting and business management. While the course is relatively short, clearing the US CMA exam can be challenging. Understanding the syllabus, exam pattern, and weightage of each paper is crucial for success.
US CMA Course Syllabus 2023
The US CMA exam syllabus is divided into two parts: Part 1 – Financial Planning, Performance, and Analytics, and Part 2 – Strategic Finance Management. Each part covers various topics with different weightages. Here’s an overview of the syllabus and weightage for both parts:
Part 1: Financial Planning, Performance, and Analytics
| Topic | Weightage |
| Planning, Budgeting, and Forecasting | 20% |
| External Financial Reporting Decisions | 15% |
| Cost Management | 20% |
| Performance Management | 20% |
| Technology and Analytics | 15% |
| Internal Controls | 10% |
Part 2: Strategic Finance Management
| Topic | Weightage |
| Corporate Finance | 20% |
| Financial Statement Analysis | 25% |
| Investment Decisions | 20% |
| Decision Analysis | 10% |
| Risk Management | 10% |
| Professional Ethics | 15% |
Also Read: US CMA Salaries in India in 2023
US CMA Exam Pattern 2023:
The US CMA exam consists of two parts, each comprising 100 multiple-choice questions and essay-type questions. Candidates must score a minimum of 360 out of 500 on each part to qualify for the program. The exam provides flexibility in choosing the order of examination between Part 1 and Part 2. Here are the key details of the exam pattern:
- Exam Duration: 4 hours for each part
- Section Breakdown: 100 MCQs and essay-type questions
- MCQ Section Time: 3 hours
- Essay Section Time: 1 hour (accessible only after scoring 50% or more in the MCQ section)
Also Read : US CMA Vs India CMA : What’s the Difference?
US CMA Exam Dates 2023-2024:
| Exam Session | Last Date for Exam Registration | First Exam Date | Last Exam Date | Result Announcement |
| May/June 2023 Session | June 15, 2023 | May 1, 2023 | June 30, 2023 | To be notified |
| September/October 2023 Session | October 15, 2023 | September 1, 2023 | October 31, 2023 | To be notified |
| January/February 2024 Session | February 15, 2024 | February 1, 2024 | February 29, 2024 | To be notified |
US CMA Exams in 2023 will be conduced on the following dates
May/June 2023 Session:
- Last Date for Exam Registration: June 15, 2023
- First Exam Date: May 1, 2023
- Last Exam Date: June 30, 2023
- Result Announcement: To be notified
September/October 2023 Session:
- Last Date for Exam Registration: October 15, 2023
- First Exam Date: September 1, 2023
- Last Exam Date: October 31, 2023
- Result Announcement: To be notified
January/February 2024 Session:
- Last Date for Exam Registration: February 15, 2024
- First Exam Date: February 1, 2024
- Last Exam Date: February 29, 2024
- Result Announcement: To be notified
To succeed in the US CMA exam, candidates must have a thorough understanding of the syllabus, exam pattern, and weightage of each paper. By following a well-structured study plan and aligning their preparation with the exam dates, aspiring CMAs can enhance their chances of success. It’s crucial to keep track of the official IMA website for the most up-to-date and accurate information regarding the US CMA exam.
