Certified Management Accountant or CMA is a reputed and widely recognized qualification that offers promising career prospects. Many think that CMA is a complex one to complete. Obviously, this (wrong) concept deters them from joining the CMA course in Dubai or any other region.
We are expecting this step-by-step guide on the CMA course to offer better insight regarding it. The 10-point guide we have prepared would be useful in understanding the exclusive aspects of the CMA course.
1. Educational Qualification to Join the CMA Course
You must be a graduate to join the CMA course in Dubai (or any place in the world). At the same time, there are no specifications regarding the stream. Nonetheless, most of the CMA aspirants are from accounting, finance, economics, and general business. You are free to join the course even if you haven’t received your bachelor’s degree yet. Although it is a personal choice purely, we suggest you discuss it with our professionals before deciding upon the same.
2. Become an IMA Member
You need to pay a nominal fee and become an IMA member. The membership offers extensive availability of resources around the world. By exploring those, you can enhance your capabilities and knowledge level. Different types of IMA memberships are available viz. IMA Professional Membership, IMA Student Membership, IMA Academic Membership, and Staff Enrolment Discount Program.
3. CMA Program in Dubai
Joining the CMA course in Dubai is the next step in this journey. For this, you must pay the entrance fee which varies depending on the type of membership. You must be sure about the decision to join the program. The CMA course is not an easy one to complete and you are supposed to clear CMA Part I and CMA Part II in 03 years. Failing that, you will have to pay the entrance fee again.
4. Joining a CMA Review Course Program Would be Ideal
The reputed firms providing CMA courses in Dubai would offer CMA review courses as well. The comprehensive course offers excellent help in preparing for the CMA exam.
5. Plan and Prepare for the CMA Exam
Preparing a formulated timetable for CMA preparation would be useful for covering all the topics meticulously. Our expert teachers would not only provide excellent CMA coaching but also would help you in preparing the timetable.
6. Register for the CMA Exam
Once you reached the required level, register for the CMA exam. The institute where you are undergoing the CMA course would guide you in this regard. Note that the CMA exam happens three times a year. Register before the exam registration window closes:
- January or February
- May or June
- September or October
7. CMA Exam
The computer-based CMA exam is of a four-hour duration. The first three hours are for multiple-choice questions and the fourth hour is for answering two essay-type questions. Even though you can choose to appear in CMA Paper I and CMA Paper II in the same exam window, it might be better to attend the exams separately.
8. Mandatory 02 Year Experience
You must have two years of professional experience for becoming an approved CMA. Completing the CMA course is not the end of the journey after all. You can gain this qualification, by joining a professional firm, within seven years of completing the CMA course in Dubai and passing the exam.
9. CMA Certification
CMA certificate is issued by IMA. The application for the CMA certificate has to be forwarded to IMA, along with all the documents proving your educational qualifications, and professional experience.
10. Continuing Professional Education (CPE)
CPE is a mandatory requirement for maintaining the CMA membership valid. CMAs should comply with at least 30 hours of CPE every year. And the document indicating the same has to be kept safe, for verification by the authority if required.
Do you still have doubts regarding the CMA course in Dubai?