The salary for a Certified Management Accountant (CMA) in the USA can vary depending on factors such as experience, location, and industry. On average, CMAs in the USA earn a salary ranging from $60,000 to $120,000 per year.
As for the syllabus for the CMA exam, it consists of two parts:
Part 1: Financial Planning, Performance, and Analytics - External Financial Reporting Decisions - Planning, Budgeting, and Forecasting - Performance Management - Cost Management - Internal Controls
Candidates must pass both parts of the exam in order to become a CMA. The exam is administered by the Institute of Management Accountants (IMA) and is offered in testing centers around the world.
The job outlook for CMAs is projected to grow 10% from 2020 to 2030, faster than the average for all occupations. The demand for CMAs is expected to increase as businesses and organizations seek to improve their financial performance and reduce costs.
Syllabus
Part 1: Financial Planning, Performance, and Analytics
- Internal controls and risk management - Planning and budgeting - Performance management - Cost management - Internal auditing
The CMA examination is a four-part exam that covers the following topics:
- Part 1 - Financial Planning, Performance, and Control (50%) - Part 2 - Financial Decision Making (25%) - Part 3 - Business Analysis (15%) - Part 4 - Ethics, Regulations, and Corporate Governance (10%)
To earn the CMA designation, candidates must pass all four parts of the exam within a five-year period.