Study CMA in Dubai
CMA is the golden opportunity for people who are interested in management accounting to enhance their skills and abilities and every graduate can avail this opportunity.
CMA stands for Certified Management Accountant which is a professional certificate that would help people develop and build their accounting and financial management skills and eventually would help boost careers. Today there are around 40,000 CMA professionals around in the world who are successfully demonstrating their accounting skills as it is a golden certification for accountants.
WHY CHOOSE CMA?
Burns and Scapen studied changes in the role of management accountants. They noted that it has changed from financial control to more of a generalist providing internal counseling services and this new role is named as Hybrid Accountants. Reasons for change are rapid changes in technology, diverse management structure and dynamic changes in environment in which the organization operates. CMA is the destination which not only equips accountants with multiple expertise but also furnish them with mastery in management accounting.
ADVANTAGES OF CMA
CMA Certification creates career opportunities. It created almost up to 90% in America, 85% in Middle East and 80% in total according to a recent survey conducted by IMA. It strengthens ability to move across all areas of business.
CMA is a global certification which is recognized in more than 100 countries in the world. Leading brands in the world hire CMA which include Microsoft, Coca-cola, Pepsi, Apple, Samsung, HP (Hewlett Packard), P&G and Boeing and many others.
Busy professionals can prepare from a variety of learning formats. CMA exams are offered at hundred of testing centers globally. In UAE you can sit for exams in Dubai and Abu dhabi.
Return on CMA
Globally, CMA’s earn 59% more in median salary and 63% more in median total compensation than their non-CMA peers (CMA global salary survey 2014).
The average time duration of CMA both parts is 8 months. The maximum duration of both parts is 3 years.
Free CMA workshops
Free CMA workshops are given on weekends to enhance your experience of CMA certification and to meet with expert CMA trainers at Labros.
EXEMPTION IN ACCA
- F1: Accountant in Business
- F2: Management Accounting
- F3: Financial Accounting
- F4: Corporate and Business Law
- F5: Performance Management
- F8: Audit and Assurance
- F9: Financial Management
CMA Content Specification
There are two parts of CMA.
PART 1 (FINANCIAL REPORTING, PLANNING, PERFORMANCE AND CONTROL)
|External Financial Reporting Decisions||15%||Level C|
|Planning, Budgeting and Forecasting||30%||Level C|
|Performance Management||20%||Level C|
|Cost Management||20%||Level C|
|Internal Controls||15%||Level C|
PART 2 (FINANCIAL DECISION MAKING)
|Financial Statement Analysis||25%||Level C|
|Corporate Finance||20%||Level C|
|Decision Analysis||20%||Level C|
|Risk Management||10%||Level C|
|Investment Decisions||15%||Level C|
|Professional Ethics||10%||Level C|
Each part can be given in any order.
CMA Training at Labros
- Preparation classes 50 hours
- Revision classes 16 hours
- 3 Mock exams
- Practice of 600 MCQ’s
- Practice of 25 Essay style Questions
- Pass Guarantee
- Crash course 20 hours
- Doubt Clearing Sessions 6 Hours
Important Particulars Relating CMA
It’s a 4 hours exam 3 hours MCQ’s and 1 hour essay question. Where each part have 100 MCQs and two 30 minutes essay question
CMA exam can be given in three exam windows during a year. Each exam window comprises of two months.
You can choose the day date and month of your choice to appear for CMA professional exams.
CMA would email results within 6 weeks after exam window.