CMA Course in Dubai

About Course

CMA Course in Dubai

The CMA is the globally recognized, advanced-level credential appropriate for accountants and financial professionals in the business. Achieving the CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – skills that are in demand by organizations around the world.
Whether you want to enhance the value you bring to your current position, or expand your career potential, the CMA Course in Dubai will help you set the standard for professional excellence.
The role of a CMA is an important asset in all types of organizations. They analyze operating results, review performance, audit operations, and resolve issues that enhance the strategic objectives of the organization. CMAs appreciate the business approach for managing customer value, formulating strategies, and valuing equity. CMAs are value creators, not just merely accountants who adhere to compliance with the profession.

How many papers/parts and how long can it take to become a CMA?

  • Consisting of 2 parts, Part 1 and Part 2
  • Part 1-Financial Planning, Performance and Analysis-20 Chapters
  • Part 2- Strategic Financial Management-15 Chapters
  • Take Part 1 and Part 2 in any order.
  • You can complete and earn your CMA qualification in 8-10 months’ time.

Part 1 – Financial Reporting, Planning Performance, and Control
Part 2 – Financial Decision Making

Who Should Attend CMA Course in Dubai:

  • Financial Controllers
  • Finance and Accounting professionals
  • Finance Managers
  • Chief Accountants
  • Financial Analysts
  • Non-finance Managers
  • Fresh Graduates willing to enter into the finance & accounting field

Eligibility Criteria for Admission:

  • You can take the exams before graduating.
  • Bachelor’s degree from an accredited college or university (in any major), within 3 years of passing.
  • 2 years of professional working experience
  • ACCA is also eligible.

You can master in:

  • Planning and Analysis
  • Technology and Analytics
  • Performance Management
  • Risk Management and Internal Controls

Why CMA?

  • Career Advancement
  • Managerial Decision-Making
  • Higher Role, Bigger Pay
  • International Certification

What is the schedule?

  • Physical and Online
  • Flexible Timings
  • Unlimited Sessions
  • Weekend Classes

What will you get?

  • Access to HOCK Materials Online Access
  • Access to HOCK Materials Online Access
  • Access to HOCK Materials Online Access
  • Gleim Textbook-pdf
  • Chapter Wise Questions and Answers
  • Revision Classes
  • Focus on Numerical
  • Unlimited sessions
  • Course Attendance Certificate
  • Mock Test Links
  • Class Records
  • Personal Attention
  • Job Referrals
  • WhatsApp Group
  • Exam Booking Assistance
  • Doubt Clearing Sessions
  • 130 hours of Classes

Contents Coverage in CMA

Level C: All six levels of knowledge, comprehension, application, analysis, synthesis, and evaluation

PART 1-Contents and Corresponding Units

Contents Overview

Units covered

 

 

External Financial Reporting Decisions

Unit 1-External Financial Statements

Unit-2-Measurement, Valuation and Disclosure-Investments and ST Items

Unit-3-Measurement, Valuation and Disclosure of Assets-LT Items

Unit 4-Measurement, Disclosure-Liabilities

Unit-5-Revenue and Impairment Recognition

Unit-6-Integrated Reporting

 

Cost Management

Unit-7-Cost Management Concepts

Unit-8-Cost Accumulation Concepts

Unit-9-Cost Allocation Techniques

Unit-10-Supply Chain Management

Unit-11-Business Process Improvement

 

Planning, Budgeting and Forecasting

Unit-12-Analysis, Forecasting and Strategy

Unit-13-Budget Concepts and Methodologies

Unit-14-Budgeting-Calculations and Proforma Financial Statements

Performance Management

Unit-15-Cost Variances

Unit-16-Responsibility Accounting and Performance Measures

Internal Controls

Unit-17-Internal Controls-Corporate Governance

Unit 18-Internal Controls-Controls and Security Measures

Technology Analysis

Unit 19-Information System and Data Governance

Unit 20-System Development and Data Analysis

PART 2-Contents and Corresponding Units

Contents Overview

Units covered

 

Financial Statements Analysis

Unit-1-Liquidity, Solvency and Leverage Ratios

Unit-2-Profitability and Per-Share Ratios

Unit-3-Activity Ratios and Special Issues

 

Corporate Finance

Unit-4-Types of Securities

Unit-5-Financial Markets and Financing

Unit-6-Valuation Methods and Cost of Capital

Unit-7-Working Capital Management

Unit-8-Corporate Restructuring, International Trade and Exchange Rates

 

Business Decision Analysis

Unit-9-CVP Analysis

Unit-10-Marginal Analysis

Unit-11-Pricing Analysis

Enterprise Risk Management

Unit 12-Risk Management

Capital Investment Decisions

Unit 13-Investment Decisions

Professional Ethics

Unit 14-Ethical Considerations for Management

Unit 15-Ethical Considerations for the Organization

Exemption of Papers from ACCA, if you are a CMA

 Refer to the calculator on the ACCA website.

The CMA adds value to your organization

CMAs bring strategic thinking, applied work experience, and the ability to convert data into dialogue. If your company wants to close the skills gap and gain a competitive edge in the market, encourage your employees to earn the certification. Our staff enrolment program makes it easy to get started.

What role can you grab after completing CMA?

Accountant                         Finance Controller                  Director Finance
Chief Accountant                Head of Finance                     Chief Financial Officer
Accounts Manager             Finance Manager                    Controller

Exam Windows:

  • Jan-Feb
  • May-June
  • Sep-Oct

Register before15 days of the planned date of your exam.

Exam Structure

100 multiple-choice questions for 3 hours and 2 essay questions for 1 hour-each part. Essay questions involve both written and quantitative responses.

Certificates that you will get after completing your CMA.

Certificate from Institute of Management Accountants-IMA-USA

The Certifying Body is Institute of Management Accountants (IMA). Refer to the website for further information.
https://www.imanet.org 
https://www.imaonlinestore.com/personifyebusiness/CMA-Exam-Registration

Membership, Registration and Exam Fee (payable to IMA)

These are tentative fees. However, the IMA comes up with discounts from time to time. As a partner with Hock International, we offer you 30% discount on the membership and entrance fee. For the exact fee. https://www.imanet.org/cma-certification/taking-the-exam?ssopc=1

Professional Membership: Those who aspire to a career in accounting and finance.
Academic Membership: For those who are full-time faculty members of an accredited institution.
Student Membership: For those who are students in an accredited college or university.

CMA Course Duration

Depending on the aspirant’s plan and study schedule, the US CMA certificate can be completed in a minimum of 6 months to 3 years. As per the guidelines of IMA, an aspirant must complete the exams within 3 years from the date of registration.

CMA Designation

  • Become the IMA member by registering to enter the certification program
  • Register for the exam
  • Pass both the parts within 3 years from when you are admitted into the certification program.
  • Satisfy the education requirement within 7 years
  • Satisfy with the experience requirement within 7 years
  • Comply with IMA statement of Ethical practice

Eligibility Period

Once candidates are admitted into the Certification Program, they are required to pass both within 3 years. If a candidate is not able to pass both the parts within this 3-year period, the entrance fee will have to be repaid, and the passed part will have to be retaken.

Maintaining CMA Designation

CMA certificate on completion of all requirements
Pay annual fee (active membership and entrance fee)
Comply with ethical practice
Maintain 30 hours of CPE (Certificate of Continuing Education)

You can get 2 Certificates from ELEGANT, apart from the CMA certificate that you get from IMA

  • KHDA Certificate-as Management Accounting Course Training-extra cost
  • Course Completion Certificate Free

Other courses that we provide

CFA, CPA, FRM, FM, ACCA, CISI, IFRS, ADVANCED EXCEL, Power BI

What will you get?

Know about your Trainer

Mr. Aditya Sahoo has 30 years of rich experience of working in UAE, holding managerial roles in various industries like Financial Services, Pharmaceuticals & FMCG, Engineering & Constructions, Real Estate and Manufacturing. Training is his passion. He is very much dedicated and understands the students’ requirements and accordingly guides them. He teaches CMA, CPA, CFA, IFRS and many CISI courses for financial services sectors.

Educational Background of the Trainer

B. Com, ACA, CPA (USA), DipIFR, ACSI

CMA Course in Dubai
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What Will You Learn?

  • Financial Reporting
  • Performance Measurement
  • Costing, Budgeting and Forecasting
  • Internal Control
  • Technology & Analytics
  • Professional Ethics
  • Financial Statement Analysis
  • Corporate Finance
  • Investment Decisions
  • Risk Management

Enquire now

Material Includes

  • Elegant Notes specially prepared to make your understanding easy and faster
  • Gleim Textbook-pdf
  • All chapters questions and answers
  • Mock test Links

Requirements

  • You can take the exams before graduating
  • Bachelor’s degree from an accredited college or university ( in any major), within 3 years of passing
  • 2 years of professional working experience
  • ACCA or FCCA is also eligible

Tags

Audience

  • Financial Controllers
  • Finance Managers
  • Chief Accountants
  • Financial Analysts
  • Non-finance Managers
  • Fresh Graduates willing to enter into finance & accounting field