Mumbai, India, is a supportive location for pursuing the CMA(certified management accountant ) course. Mumbai is India’s financial and business capital. It houses many multinational corporations, financial institutions, and consulting firms.

So, there are ample opportunities for CMA professionals to find employment. Also, advance in the dynamic business environment. Moreover, you can become a skilled CMA by enrolling in the courses This article will list the top 10 CMA training courses in Mumbai in 2023.

Henry Harvin is one of the leading names in the training and education industries. This is a long-established ad tech company that offers more than 800 courses via online platforms. You will get the best CMA course in Mumbai at Henry Harvin. The CMA course in Mumbai is as per the latest industry trends. So, here are the details of the top 10 CMA courses in Mumbai.

Top 10 CMA training courses in Mumbai

 

1. Henry Harvin: The Best CMA course in Mumbai

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The course offers the following features:

  • Duration: Six Months of Two-way Live Online Interactive Classroom Sessions.
  • Additionally, the facility of an internship helps you gain practical experience in Finance.
  • The fees for the course amount to 85,000.

Furthermore, during the course, you will learn about important business aspects. Moreover, upon completing the course, you become eligible for various job roles. Additionally, you will earn a globally recognized certification, further enhancing your professional credentials.

Rating-9.6/10

2. Ima

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The second-best institute among the top 10 CMA courses in Mumbai is IMA. Additionally, IMA offers the CMA course in Mumbai, which is suitable for individuals with different skill levels.

Moreover, the Institute of Management Accountants (IMA) is recognized as one of the top institutes in the field. Furthermore, it provides the prestigious Certified Management Accountant (CMA) designation.

Furthermore, the IMA’s mission is to promote education and development in management accounting and finance. In line with this mission, they aim to provide high values and the best business practices. Additionally, they provide a platform for research, fostering advancements in the field.

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The course offers the following features:

  • Duration: 12 months
  • Course fees: 87,760
  • CMA certification gives accounting and finance professionals a competitive edge in their careers. Moreover, it also offers a deeper understanding of key concepts and practices in the field.

 Rating-9.5/10

3. Financial Academy Planning  

The third-best institute among the top 10 CMA courses in Mumbai is the Financial Planning Academy. Furthermore, the Financial Planning Academy (FPA) stands out as one of the best training companies in the accounting and finance space.

Over the last 15 years, they have successfully trained over 5,000 students. Additionally, FPA caters to the needs of working professionals in various courses, assisting them in fulfilling their career aspirations. This combination of experience, expertise, and focus on individual growth sets the Financial Planning Academy apart from other institutes.

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The program offers the following features:

  • Duration: 12 months
  • Fees: 90,000
  • Comprehensive training through both online and offline modes
  • Access to recorded videos for convenient learning
  • Content Approved by IMA, ensuring high quality and relevance
  • Additional training in soft skills and interview preparation to enhance overall professional development.

 Rating 9/10

4. IMARTICUS LEARNING 

The fourth-best institute among the top 10 CMA courses in Mumbai is IMARTICUS LEARNING. Moreover, IMARTICUS LEARNING is considered the best institute in its category.

Notably, IMARTICUS LEARNING is not only an ad tech company but also offers courses in analytics, finance, and marketing. Furthermore, the institute provides certification upon course completion. This diverse range of offerings allows learners to acquire comprehensive knowledge and skills in various fields, enhancing their professional prospects.

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The CMA program offers several key features, including:

  • Duration: 6 to 8 months
  • Fees: 55,000
  • Live online training
  • Furthermore, upon successful completion, participants receive a globally recognized certification.

These aspects of the program make it an attractive choice for individuals seeking to enhance their skills and gain a reputable certification in the field of management accounting.

 Rating 9.2/10

5. Uplift Pro 

  • Uplift Pro is a team of professionals from prestigious institutions such as IIEST, IITs, London Business School, and ULCA. Additionally, they have made a collective decision to provide a strong backup for young students and professionals, assisting them in achieving their desired goals.

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Authorized Surgent CMA study materials are available both online and in hard copy. Moreover, the course duration is 12 months, and the fees amount to 75,000.

The course includes 120 hours of CMA classes conducted by veteran CMAs through Live Online Interactive Sessions. Furthermore, recordings of these live online classes are available for reference.

Additionally, the course also offers training on soft skills and interview techniques. This comprehensive approach ensures that students not only gain technical knowledge but also develop essential skills to succeed in the professional world.

 Rating 9.3/10

6. EduPristine

The sixth-best institute among the top 10 CMA courses in Mumbai is EduPristine. Moreover, EduPristine holds the distinction of being one of the largest and oldest leading training providers in accounting and finance training.

Furthermore, since its establishment, the company has successfully instructed and trained more than 60,000 students. Additionally, they have delivered over 5 million hours of training, solidifying their expertise and experience in the field.

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The CMA program provides various types of training to enhance the learning experience, including:

  1. Practical and experimental training: This type of training allows students to apply their knowledge in real-world scenarios, gaining hands-on experience and practical skills.
  2. Soft skills training: In addition to technical knowledge, the program emphasizes the development of soft skills such as communication, teamwork, and leadership abilities. These skills are essential for success in the professional world.
  3. Furthermore, the program offers a combination of virtual live training and classroom training. This approach provides flexibility and allows students to engage in interactive learning through virtual platforms while also benefiting from traditional classroom settings.

Rating-8.3/10

7. Siddhi Expert

Siddhi Professional ranks as the seventh-best institute among Mumbai’s top 10 CMA courses.

Established in 2007, the institute envisions nurturing financial professionals.

Notably, each year, over 400 students from this institution take the CMA exam.

Moreover, Siddhi Professional offers a combination of virtual live training and classroom training.

This approach ensures a comprehensive and interactive learning experience for the students, blending the advantages of both virtual and physical learning environments.

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The course offers several advantages, including

  • Duration-3 months
  • Availability of online courses
  • Certification upon completion of the course.
  • These features make the course flexible and accessible to learners. Moreover, the certification earned upon completion adds value to the learners’ credentials and enhances their professional profile.

Rating-9.1/10

8. Science of Concorde 

  • Among the top 10 courses in Mumbai, the eighth-best institute is Concorde.
  • Additionally, Concorde Academics (2001) is based on the belief that education further brings out the best in you.
  • Over the past 22 years, the institute has consistently delivered high-quality education. moreover, it makes the best choice for accounting professionals pursuing their CMA careers.

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  • The CMA program is designed to meet the changing needs of your organization. Moreover, it focuses on analyzing, controlling, and providing decision support, emphasizing professional ethics. Additionally, the program offers several benefits, including;
  • Duration-6 months 
  • Fee-45,000
  • Availability of online courses
  • Certification upon completion of the course 
  • Mastering candidate financial planning.
  • These features make the CMA program a comprehensive and valuable choice for professionals seeking to enhance their skills and advance their careers.

Henry Harvin provides these courses as well;

CMA Foundation Exam Prep Course

CMA Final Level Exam Prep Course

9. Navkar Academy 

  • The ninth-best institute among the top 10 CMA courses in Mumbai is NAVKAR
  • Additionally, NAVKAR CMA is the best provider of CMA course training
  • Notably, NAVKAR Academy (1997) with only 25 of its CA students
  • Furthermore, The NAVKAR Institute holds a respected position, establishing its quality in CMA

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  • Duration-6months 
  • Fee-1.09.000
  • Moreover, the course offers
  • Classroom training by specialist teachers.
  • Regular coaching to assess and improve performance.
  • Additionally, it provides
  • a One-to-one resolution of questions
  • The Unlimited number of repeatable online videos and lectures.
  • Video lectures that focus on both concepts.

Rating -9.4/10

10. ZELL

  • Last but not least, the tenth-best institute among the top 10 CMA courses in Mumbai is ZELL.
  • Additionally, at ZELL, their main goal is to be India’s first hub and design a carrier in a way that is affordable and accessible to everyone.
  •   Moreover, their first goal is to partner to provide the best educational practices. To provide quality education and skill development.

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  • Duration; 6 to 9 months 
  • Fees-85,000
  • Taught by industry experts.
  • 100% intermediate support.
  • Open weekends and weekdays.
  • Live and recorded lectures.

Skills to Become CMA 

Key competencies to focus on to become a CMA are:

The CMA certification encompasses various important areas, including:

  • Management report
  • Financial analysis and planning
  • Strategic management
  • Additionally, it emphasizes the development of communication, presentation, leadership, and teamwork skills.
  • Furthermore, it fosters a culture of continuous learning, encouraging professionals to stay updated with the latest industry trends and practices.

The requirements to become a CMA may differ depending on where you live. It’s important to research the CMA certification in your country or region. This ensures you meet all the necessary criteria and make appropriate adjustments to your skill development.

 Why to pursue CMA?

CMA courses offer several benefits that contribute to gaining professional respect and credibility worldwide. Moreover, international employment prospects are growing, with a steady increase observed since 2019. Notably, the number of new CMAs globally increased by 17% from 2020 to 2022, indicating the growing recognition and demand for this prestigious certification.

Degrees that require CMA

  1. Bachelor of Accountancy: Many people seeking a career in management accounting start with a bachelor’s degree in accounting. However, a CMA is not a requirement for this degree. Nevertheless, certification will expand your knowledge and skills in management accounting, cost accounting, and financial analysis.
  2. Master of Business Administration (MBA)- An MBA focusing on finance or accounting could be a good choice for her aspiring CMAs. Moreover, Combining an MBA with a CMA certification gives a broad understanding of financial management, strategic planning, and decision-making.
  3. Master’s Degree in Accounting or Finance: A professional master’s degree in accounting or finance will deepen your knowledge in these areas. Furthermore, helps you build a solid foundation in financial analysis, management accounting, and control systems. Additionally, you can Further, prove your management accounting expertise by earning a CMA certification.

Conclusion 

To summarize, as companies expand globally, there is an increasing requirement for professionals who understand internal accounting standards and can handle intricate financial situations.

In the meantime, obtaining a CMA certification equips individuals with the necessary skills and knowledge to thrive in this dynamic environment.

The rising demand for CMA courses is due to their relevance in today’s complex business landscape. Furthermore, their value to organizations and the professional advantages they offer to those seeking progress in the accounting and finance field make them a viable choice.

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FAQ’s

1. What is the monthly salary for a CMA?

Ans. 83,000 rupees per month
Furthermore, CMA salaries in India range from Rs. 300,000 to Rs. 4,000,000, with an average annual salary of Rs. 1,000,000 (Rs. 83,000 per month).

2. Can BCOM run CMA?

Ans. Moreover, a student who completes 10+2 in any subject (science, commerce, or arts) is eligible to apply for her BCOM course.

3. Is CMA a Good Career?

Ans. Additionally, a CMA certification would make him 62% more valuable than the average salary of an accountant with a primary business degree.

4. Is a CMA the same as an MBA?

Ans. A CMA degree can help you excel in finance and accounting roles in various organizations: however, an MBA is better suited for specific industry areas such as sustainability and healthcare.

5. Does CMA require Math?

Ans. As a business administration student, you are eligible for this position. Moreover, unlike CA, you don’t have to take mathematics as a required course in grade 12. However, it is important to note that a career in this field requires a basic understanding of mathematics and expertise in accounting.

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