IMA (USA)
FMAA — Financial and Managerial Accounting Associate
Reality check
- Official fees
- ₹28k–₹34k
- USD 299 exam fee (same for students and professionals); optional IMA student membership USD 49
- Months to complete
- 2–4
- Pass rate
- Not published by IMA (entry-level)
- Training
- None mandatory
- None
Recommend when: First exposure to management accounting; the pre-CMA step
Hold back when: Already past the basics — go straight to the US CMA
Official fees in INR (registration, exams, membership — coaching excluded), realistic months including any mandatory training, and the awarding body's published pass rate. Verify with the awarding body before you register.
- Who it is for
- Class 11–12 students and early undergraduates who want a first, credible credential.
- Structure
- 1 exam · 80 MCQs · 2 hours. Domains: general accounting & financial management 25%, financial statement preparation & analysis 25%, planning & budgeting 20%, cost management & performance metrics 20%, professional ethics 10%.
- Eligibility
- None — no education or experience requirement.
- Duration
- 2–4 months of preparation.
- Exam windows
- Year-round at Prometric centres.
- Experience requirement
- None.
- What comes next
- US CMA.
Facts last reviewed: 2026-10-23
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