Offered by the Institute of Management Accountants, USA, Certified Management Accountant, is the most valued management accounting program globally for entrepreneurs, experienced professionals and graduates with or without a commerce study background. One is required to complete just 400 hours of study in 6- 8 months and clear only two exams named Financial Planning Performance and Control and Financial Decision Making thus making this an efficient and effective choice for those looking to speed up their careers. Several exciting jobs offer an attractive average remuneration of INR 4 Lakh are available with just 8 months of investment.
Financial Planning, Performance, and Analytics:
Part 1 tests the candidate capability in compliance, financial reporting, audit and internal controls, planning, budgeting & forecasting, Performance and Cost Management. This Part is the core of Management Accounting and outlines the basic role every Management Accountant needs to be good at.
Strategic Financial Management:
Part 2 covers Financial Statement Analysis, Corporate Finance, Decision Analysis, Enterprise Risk Management, Investment Decisions and Professional Ethics. Part 2 involves the higher level skills in Management Accounting, building on the core concepts developed in Part 1.