Program Highlights

Comprehensive preparation for both CMA parts — from management accounting to strategic finance

IMA Curriculum Aligned
Exact topic coverage matching the IMA's Learning Outcome Statements

1000+ Practice Questions
MCQ bank + essay scenarios with model answers

Essay Section Training
Dedicated sessions on the 2-essay section — often the deciding factor

Full Mock Exams
3-hour, 100 MCQ + 2 essay mock under timed conditions

Formula & Concept Sheets
Key ratios, formulas and frameworks for quick revision

Small Batches
Personalised feedback on essay answers and problem sets

CMA Part 1 — Financial Planning, Performance & Analytics

6 sections · 100 MCQs + 2 essays · 3-hour exam window

External Financial Reporting Decisions

GAAP financial statements, comprehensive income, disclosures

▸ Preparation of income statement, balance sheet & cash flow ▸ Revenue recognition (ASC 606) ▸ Leases (ASC 842) & financial instruments ▸ Fair value measurement & disclosures ▸ Comprehensive income items

15%

Part 1

Planning, Budgeting & Forecasting

Strategic planning, budgeting methods, cash forecasting

▸ Strategic planning process & goal setting ▸ Fixed vs flexible budgeting ▸ Zero-based & activity-based budgeting ▸ Cash flow forecasting & pro forma statements ▸ Financial modelling & projection techniques

20%

Part 1

Performance Management

Variance analysis, responsibility accounting, KPIs, EVA

▸ Standard costing & variance analysis ▸ ROI, RI & Economic Value Added (EVA) ▸ Balanced scorecard & strategy maps ▸ Divisional performance evaluation ▸ Transfer pricing methods

20%

Part 1

Cost Management

Cost behaviour, ABC, JIT, lean, throughput accounting

▸ Variable, fixed & mixed cost behaviour ▸ Activity-based costing (ABC) ▸ Job, process & standard costing ▸ JIT, lean manufacturing & theory of constraints ▸ Life-cycle & target costing

15%

Part 1

Internal Controls

Control frameworks, SOX, risk management, audit

▸ COSO internal control framework ▸ Sarbanes-Oxley (SOX) requirements ▸ Control environment & risk assessment ▸ IT general & application controls ▸ Internal audit role & procedures

15%

Part 1

Technology & Analytics

Data analytics, ERP systems, RPA, AI in finance

▸ Data analytics tools & visualisation ▸ ERP systems (SAP, Oracle) in management accounting ▸ Robotic Process Automation (RPA) ▸ AI & machine learning in financial forecasting ▸ Cybersecurity & data governance

15%

Part 1

CMA Part 2 — Strategic Financial Management

6 sections · 100 MCQs + 2 essays · 3-hour exam window

Financial Statement Analysis

Ratio analysis, DuPont decomposition, forecasting

▸ Liquidity, solvency & profitability ratios ▸ DuPont analysis (3-factor & 5-factor) ▸ Common-size statements & trend analysis ▸ Earnings quality & cash flow analysis ▸ Forecasting financial statements

20%

Part 2

Corporate Finance

Capital structure, WACC, dividend policy, M&A

▸ Cost of equity (CAPM) & cost of debt ▸ WACC calculation & optimal capital structure ▸ Dividend theories & share repurchases ▸ Mergers & acquisitions — valuation & synergies ▸ Lease vs buy & off-balance-sheet financing

20%

Part 2

Decision Analysis

CVP, relevant costs, linear programming, expected value

▸ Cost-volume-profit (CVP) & break-even analysis ▸ Relevant costs & differential analysis ▸ Make or buy & special order decisions ▸ Linear programming & shadow prices ▸ Expected value & decision trees

25%

Part 2

Risk Management

Risk identification, hedging, derivatives, enterprise risk

▸ Types of financial risk (market, credit, operational) ▸ Hedging with futures, options & swaps ▸ Enterprise Risk Management (ERM) frameworks ▸ Foreign currency risk & translation exposure ▸ Commodity price risk management

10%

Part 2

Investment Decisions

Capital budgeting, NPV, IRR, payback, risk adjustments

▸ NPV, IRR, MIRR & payback period ▸ Capital rationing & profitability index ▸ Sensitivity analysis & scenario analysis ▸ Real options in capital budgeting ▸ Post-audit of capital projects

10%

Part 2

Professional Ethics

IMA Statement of Ethical Professional Practice, case studies

▸ IMA's four ethical standards: competence, confidentiality, integrity, credibility ▸ Ethical decision-making frameworks ▸ Whistleblowing & escalation procedures ▸ Conflict of interest scenarios & resolution

15%

Part 2

Study Pathway

CMA Part 1 Preparation (3–4 months)

Financial Planning, Performance & Analytics — costing, budgeting, controls, technology

Mock Exams & Essay Practice (Month 4)

Full 3-hour mocks + essay answer review with model responses

CMA Part 1 Exam

3-hour exam: 100 MCQ (3 hrs) + 2 essays (30 min) — Jan/Feb, May/Jun or Sep/Oct window

CMA Part 2 Preparation (3–4 months)

Strategic Financial Management — analysis, corporate finance, decision analysis

CMA Part 2 Exam

Same format — complete within 3 years of Part 1 for the US CMA designation

Program Details

Coaching Fee

Contact for Pricing

Per-part or both parts together

Exam Body

IMA (USA)

Duration per Part

3–4 months

Total Duration

~18 months (both parts)

Mode

Delhi + Live Online

Enrollments

Open — Join Now

Enroll Now →

Why Choose Rankers?

Essay Section Mastery

Dedicated coaching on the open-ended essay section — where most candidates lose marks

Exam-Mapped Practice

Questions mapped to IMA's section weightings to maximise your score

Management Accounting Depth

Costing, budgeting and decision analysis taught at a practitioner level

CMA + CFA Under One Roof

Finance & accounting qualifications from a single expert institution

Have Questions?

📞 +91 9818834083

📍 Karkardooma Complex, Anand Vihar, Delhi

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US CMA — Certified Management Accountant

Program Highlights

CMA Part 1 — Financial Planning, Performance & Analytics

CMA Part 2 — Strategic Financial Management

Study Pathway

Program Details

Why Choose Rankers?

Have Questions?