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.

About the CMA course in Dubai:

CMA Training in Dubai consists of:

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

Who Should Attend CMA course in Dubai:

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

Eligibility Criteria for Admission:

Any graduate. Those pursuing graduation can also apply provided they have passed graduation when they are applying for CMA membership. Meaning-students can take the exam before graduating

Examination to complete:

Part 1: Financial Reporting, Planning, Performance, and Control (4 hours – 100 multiple choice questions and two 30-minute essay questions)
Part 2: Financial Decision Making (4 hours – 100 multiple-choice questions and two 30-minute essay questions)
You will have 3 hours to complete the multiple-choice section and one hour to complete the essays. The essays will be presented after you have completed the multiple-choice section of the exam or after 3 hours, whichever comes first. Once you complete and exit the multiple-choice section of the exam, you cannot go back. You must remain in the essay section to complete the exam. The essay section consists of 8-10 written responses or calculation questions based on two scenarios, describing a typical business situation. You must answer at least 50% of the multiple-choice questions correctly to be eligible to take the essay section Candidates are not required to “pass” both sections; the total score determines pass/fail status

Testing Windows:

Three windows a year- Jan – Feb, May- June & Sep – Oct
Registrations for Parts 1 and 2 will close on or after the 15th of February, June, and October.
You cannot take an exam part more than one time during a testing window

Exam Formats:

Each exam part will consist of 100 multiple-choice questions and two 30-minute essay questions. You will have 3 hours to complete the multiple-choice section and one hour to complete the essays. The essays will be presented after you have completed the multiple-choice section of the exam or after 3 hours, whichever comes first. Once you complete and exit the multiple-choice section of the exam, you cannot go back. You must remain in the essay section to complete the exam. The essay section consists of 8-10 written responses or calculation questions based on two scenarios, describing a typical business situation.
Note: You must answer at least 50% of the multiple-choice questions correctly to be eligible to take the essay section.

Exam results:

Candidates are not required to “pass” both sections; the total score determines pass/fail status
No immediate pass/fail results- results will be emailed and posted to your online profile approximately six weeks from the end of the month in which you tested.

Scaled Scores:

All scores on the CMA exams are expressed as scaled scores, ranging from 0 to 500, with the passing score set at 360.

Performance Report

Performance reports are emailed approximately 14 days after exam results are posted to the candidates’ profile satisfactory, marginal or unsatisfactory for each of the key topic areas

Exemption from papers – None

Our Course duration (in hours)- Up to 60 hours per Part

Exam Centers – Dubai & Abu Dhabi

Maintaining the CMA:

Pay the CMA Annual Fee
Fulfill your annual CPE requirement-30 hours of CPE including 2 hours of Ethics

Worldwide pass rate – Part 1=34-36%, Part 2=45-50%

Benefits of CMA course in Dubai qualification:

• Global Recognition
• High level of competence
• Specialization in the course
• Full study resources
• Get 7 papers exemption in ACCA if you complete both the parts of CMA

Registration & Exam Fee:

Membership Fee: between USD 125 to USD 250
Entrance Fee: between USD 150 to USD 250
Examination Fee: between USD 300 to USD 400
But, the IMA comes up with promotions from time to time offering discounts of up to 50%
For the exact fee structure- visit www.imanet.org

Recommended Study Hours

150-170 hours for each Part as prescribed by IMA

ELEGANT TRAINING CENTER Model:

• Special Notes and Summaries
• Several Mock tests
• Unlimited classes
• Recorded classes for review
• Learn until you succeed.
• Personal attention

Content specification-Overview

CMA Part-1 Course Outlines:

1. CMA-Part 1- Chapters

• Unit 1-External Financial Statements
• Unit-2-Measurement, Valuation and Disclosure-Investments and ST Items
• Unit-3-Measurement, Valuation, and Disclosure of Assets-Long-Term Items
• Unit 4-Measurement, Disclosure-Liabilities
• Unit-5-Revenue and Impairment Recognition
• Unit-6-Integrated Reporting
• 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
• Unit-12-Analysis, Forecasting and Strategy
• Unit-13-Budget Concepts and Methodologies
• Unit-14-Budgeting-Calculations and Proforma Financial Statements
• Unit-15-Cost Variances
• Unit-16-Responsibility Accounting and Performance Measures
• Unit-17-Internal Controls-Corporate Governance
• Unit 18-Internal Controls-Controls and Security Measures
• Unit 19-Information System and Data Governance
• Unit 20-System Development and Data Analysis

CMA Part-2 Course Outlines:

2. CMA-Part 2- Chapters

• Unit-1-Liquidity, Solvency, and Leverage Ratios
• Unit-2-Profitability and Per-Share Ratios
• Unit-3-Activity Ratios and Special Issues
• 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
• Unit-9-CVP Analysis
• Unit-10-Marginal Analysis
• Unit-11-Pricing Analysis
• Unit 12-Risk Management
• Unit 13-Investment Decisions
• Unit 14-Ethical Considerations for Management
• Unit 15-Ethical Considerations for the Organization

CMA Course Fee and Terms & Conditions

• Course fee: AED 1,500 for each part
• Early Bird Discount: A 10% discount  when you register 1 month prior to the course’s start date
• Student Discount: A special 10% discount for university students.
• Get a 15% discount, when three or more individuals from the same organization register

CMA Membership Criteria:

To be eligible for CMA certification, you must fulfill all of the following requirements:

• Bachelor’s Degree from an accredited college or university
• Complete all required examination parts
• Pay the CMA Entrance Fee
• Satisfy the Education Qualification
• Satisfy the Experience Qualification (See note below)
• Comply with the IMA Statement of Ethical Professional Practice

Experience qualification:

Must complete two continuous years of professional experience in management accounting and/or financial management. This requirement may be completed prior to or within seven years of passing the examination Professional experience is expected to be gained in full-time employment. However, continuous part-time positions of 20 hours per week meeting the definition of qualified experience will count toward this requirement at a rate of one year of experience for every two years of part-time employment

Batch Start: Starts soon