Pune, November 28, 2014: Miles Professional Education, India's largest classroom training provider of CPA (Certified Public Accountant), the US equivalent of the Indian Chartered Accountant, now forays intoCMA (Certified Management Accountant) training in India as official partnerof IMA (Institute of Management Accountants), US, and Wiley. One of the pioneers to introduce this US certification course in India, Miles CMA Review is the only specialized CMA Review courseprovider in the country.This day also marks the announcement of establishment of the IMA chapter in Pune.
CMA is the fastest pathway to earn a globally recognized certification foraccounting and finance students as well as professionals. There are only two exams to become a CMA - (i) Financial Reporting, Planning, Performance & Control, (ii) Financial Decision-making. Though the CMA program allows candidates proceed at their own pace, candidates may complete the CMA exams in a span of less than 6 months.
Speaking about the announcement of the new career path and the association, Varun Jain, Founder and National Instructor, Miles Professional Education said: "CMA is a significant career progression opportunity in accounting and finance with extensive international credibility. And the best part is that the entire academic content on management accounting and financial management is put together in just 2 parts, which are tested as online objective-pattern exams,and can be taken in India. To add to the credibility for Indian candidates, IMA has a MoU with the Institute of Cost Accountants of India, formerly ICWAI, where IMA and ICWAI mutually recognize each other's members. With our market leadership in India for CPA training, our foray into CMA training as official partners of IMA & Wiley only reinforcesour position as the leading provider of high-quality classroom training in India for US professional certifications in accounting and finance. Both the CPA and CMA courses have roadmaps of less than a year and our team of CPA and CMA instructor'strain and guide Indian aspirants to successfully earn these globally recognized designations."
As part of their global initiative towards creating awareness for CMA coursework, IMA has sprung in efforts to start local and regional chapters in India, the first one being in Pune.
"The IMA aims to provide a dynamic, engaging and vibrant forum for research, development and knowledge sharing. The local chapters in India created by groups of like-minded IMA student and professional members in Indiawill also set a solid platform to increase knowledge and awareness for CMA coursework," said Ranjeet Sakpal, Secretary, IMA Pune Chapter.
Most of these chapters are involved in efforts towards establishing CMA coursework amongst students and working professionals. IMA is the worldwide association of accountants and financial professionals working in business & has nearly 200 Chapters worldwide, with over 70,000+ members. IMA is committed not only to provide networking opportunities to its members, but also to expand their professional skills &enhance their careers.
"With increasing number ofMNC's establishing presence India, the demand for CMA's is definitely on a high. Therefore, we are in also in discussions with reputed academic institutions across India to explore strategic partnerships that will ensure that the CMA credential is offered even at college and university levels,"added Varun Jain.
Achieving the CMA designation demonstrates professional expertise in financial reporting, planning, analysis, control, decision support, and professional ethics - skills that are in demand by organizations around the world. CMA's have extensive career opportunities in accounting and finance positions with Multi-national corporations. The CMA credential also equips candidates with leadership skills, gives them an international perspective and provides access to an elite professional network.
Adding to that, with over 70,000 members and nearly300 Chapters worldwide, IMA is committed not only to provide networking opportunities to CMAs & CMA aspirants or its members, but also to expand their professional skills andenhance their careers. With presence across multiple cities in India, the local IMA chapterswould contribute significantly to the management accounting profession. The chapters will also be working towardsestablishment of university and student level programs and conducting seminars and events for professional and corporates.
To learn more about Miles Professional Education, visit www.mileseducation.com
For more information about the CMA program, visit www.imanet.org/cma
For more information about Wiley, visit www.wileyindia.com