B.CMA - CMA US Program at L.S. Raheja College of Arts and Commerce
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B.CMA with CMA (US) at L.S. Raheja College of Arts & Commerce

A B.CMA degree plus a globally recognised CMA (US) , right on your college campus.

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Our Alumni Work at 200+ Companies Worldwide

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INTEGRATED COURSE OVERVIEW

Everything You Need to Know About B.CMA + CMA (US)

The B.CMA – CMA (US) program blends a comprehensive commerce education with the globally respected Certified Management Accountant (US) qualification. This combination equips students with strong analytical, accounting and managerial skills while preparing them for strategic roles in finance and business.
Who Can Apply?
TO ENROLL
  • 12th pass in any stream
  • Working professionals from any sector
CMA (US) MEMBERSHIP (OPTIONAL)
  • Score card of passing CMA Part 1 & 2 Exam
  • Undergraduate degree or marksheet
  • 2 years of work experience in accounts, finance or related sectors
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WHY CHOOSE FPA

Why FPA For Your
B.CMA – CMA (US)Journey?

From expert faculty to placement support, every part of FPA is designed to take you from where you are to where you want to be.

dual qualification
Dual Qualification
Within 3 Years
Degree
Graduate From Mumbai University Too
training
Training For Both
Within College
save time
Save Both Cost and
Time
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Learn From Expert
Industry Faculty
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Get 100% Placement Assistance
Learn Industry Ready Practical Skills
big salary
Big 4s Starting Salary Above 6 Lakhs

Not Sure If This
Course Is Right For You?

Our academic counsellors have guided 10,000+ students to make the right choice. Get a free, no-obligation session personalised to your goals and background.
Book A Free Counselling
Call Us
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THE CERTIFICATION

What Is CMA (US)?

  • Stands for Certified Management Accountant, conferred by IMA, USA
  • Recognised in 150+ countries, community of 1,50,000+ members globally
  • Gold standard in Management Accounting and Finance
  • Focused on decision making, strategy and FP&A
  • Ideal for Finance Manager, FP&A Analyst, Business Analyst and CFO track roles
  • Highly relevant for MNCs, consulting firms and Big 4s
THE COLLEGE

About L. S. Raheja College of Arts & Commerce

L. S. Raheja College of Arts & Commerce is a reputed institution in Santacruz (West), Mumbai, established in 1980 by the Sadhana Education Society. Affiliated with the University of Mumbai, the college offers a range of programs in Arts, Commerce, Management, IT and Mass Communication and is known for its quality education, supportive campus environment and focus on overall student development.
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Relief Road, Juhu, Santacruz (W), Mumbai-400054
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B.CMA – CMA US

What You Will Study

Each semester builds on the last, covering both your B.CMA degree subjects and CMA (US) certification topics side by side.

B.CMA – CMA (US) CURRICULUM

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Part 1 Semester 1
  • Cost Accounting – I
  • Management Accounting – I
  • Business Mathematics
  • Business Economics – I
  • Financial Accounting – I
  • Technology & Analytics – I
  • Professional Communication
  • Foundation Course
  • IKS
  • Co-curricular (CC)
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Part 2 Semester 2
  • Cost Accounting – II
  • Management Accounting – II
  • Internal Control Systems – I
  • Business Statistics
  • Business Economics – II
  • Financial Accounting – II
  • Technology & Analytics – II
  • Group Communication
  • Sustainability Management (ESG)
  • Co-curricular (CC)
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Part 3 Semester 3
  • Cost Accounting – III
  • Management Accounting – III
  • Internal Control Systems – II
  • Digital Marketing
  • Financial Accounting – III
  • Hindi
  • Co-curricular (CC)
  • Field Project
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Part 4 Semester 4
  • Cost Accounting – IV
  • Management Accounting – IV
  • Internal Control Systems (RM) – III
  • Personal Finance
  • Financial Analytics
  • Hindi – II
  • Co-curricular (CC)
  • Financial Literacy
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Part 5 Semester 5
  • Financial Management – I
  • Security Analysis & Portfolio Management
  • Professional Ethics
  • Direct Tax
  • Understanding Startups & Business Models
  • Technical Analysis
  • OJT / Field Project
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Part 6 Semester 6
  • Financial Management – II
  • International Finance & Derivatives
  • Alternative Investments
  • Indirect Tax
  • Stakeholders Management
  • Personal Branding
  • OJT / Field Project
CMA (US) CURRICULUM
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Part 1 Financial Planning, Performance & Analysis
  • External Financial Reporting Decisions
  • Planning, Budgeting and Forecasting
  • Performance Management
  • Cost Management
  • Internal Controls
  • Technology and Analytics
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Part 2 Strategic Financial Management
  • Financial Statement Analysis
  • Corporate Finance
  • Business Decision Analysis
  • Enterprise Risk Management
  • Capital Investment Decisions
  • Professional Ethics
Book A Free Counselling
STUDENT JOURNEY WITH BMAF – CMA US

Your 3 Year Roadmap

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Years 1 to 3

Study B.CMA semesters alongside integrated preparation for the CMA (US) Part 1 & Part 2 curriculum.
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Additional Skills

Advance Excel, Financial Modelling, FP&A practical aspect, Financial Analytics, Corporate Soft Skills and other Life Skills training.
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After Semester 3

Appear for CMA (US) Part 1 Examination.
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After Semester 6

Appear for CMA (US) Part 2 Examination.
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Post Graduation

Continued academic and exam support to clear CMA (US), placement assistance along with certification completion requirement.
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STUDENT SUCCESS STORIES

See What Our
Students Have to Say

Real stories from students who transformed their career goals into results with FPA.

Jash Kriplani - CFP® - Certified Financial Planner

Jash Kriplani

CFP® - Certified Financial Planner
"Clearing CFP with FPA's guidance was a turning point in my career. The faculty support and structured approach made all the difference."
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Jash Kriplani

CFP® - Certified Financial Planner
"Clearing CFP with FPA's guidance was a turning point in my career. The faculty support and structured approach made all the difference."
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Jash Kriplani

CFP® - Certified Financial Planner
"Clearing CFP with FPA's guidance was a turning point in my career. The faculty support and structured approach made all the difference."

Supportive Learning Experience

I have cleared my CFP. Much thanks to FPA. Jeetendar Sir has regularly offered timely support and guidance, as well as other faculty members and support staff. Would like to mention Sagar Sir, Yukti Ma'am and Aman Sir for their time, effort and patience with all students.

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Jash Kriplani

CFP
☆☆☆☆☆

Making Complex Concepts Simple

I have taken a CFA level 1 class with FPA. Mr.Jeetender Peswani sir teaches basic first and then focuses on the primary topic. Being a non-finance background student, I understand everything that he explains. It is helping me alot. Also, he discusses many examples from the market, which helps me to enhance my general knowledge.

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Janhavi Kashalikar

CFP
☆☆☆☆☆

Strong Concepts & Great Mentorship

I'm a student of financial planning academy and Pranit sir is really very good teaching. He is really excellent teacher, mentor and guide. His way of teaching is truly good and he makes us understand the concept really well. I'm so glad that I joined FPA for CMA (US).

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Nishtha Chawla

CMA (US)
☆☆☆☆☆

Exceptional Faculty & Doubt Support

I've been associated with FPA since the month of July 2020. I enrolled for CFP certification. The quality of faculty over here especially Jeetu Sir and Yukti Ma'am is exceptionally great. They solve your doubts during and after the lectures. They help you in every way possible. Surely going to recommend FPA to anyone, who is looking for pursuing CFP Certification.

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Vedant Kelkar

CFP
☆☆☆☆☆

Supportive Faculty, Brighter Future

FPA is undoubtedly the best. Trust me when I say every single penny is worth it when you consider FPA. The teaching faculty has been very supportive. They have opened many opportunities for me to grab and am really thankful to them.

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Nikita Thakur

CPA
☆☆☆☆☆

Excellent Support & Career Growth

I’ve started Part 1 with Yash sir and he has been a great teacher. And I’m under the best guidance of Pranit sir, he’s always there for motivation and helps in solving any problems faced by students. He has helped me alot by motivating me and making me believe I can pursue this course. And Be CMA US qualified.

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Vaibhav Gupta

CMA (US)
☆☆☆☆☆

A Rewarding Learning Experience

Studying at FPA has been an incredible experience. They have the finest teaching staff and the faculty is extremely helpful. The mocks and examinations conducted cover all the elements of the paper and are helpful in gaining trust before the actual exam.

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Payal Patel

CPA
☆☆☆☆☆

Best-in-Class Teaching Experience

Absolutely the best teaching, I have ever experienced in my education career. Jeetendar peswani sir is the absolute coach one must look up to. If you are planning for CFA, his expertise in teaching hard concepts in a very easy-to-understand way makes learning more comfortable. Also, the admin team is very helpful, they also provide you with the option to watch recordings of live lectures, even if you are attending offline classes.

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Surya Harikrishnan

CFA
☆☆☆☆☆

Excellent Faculty & Support

FPA and its faculty are excellent. Especially Dhaval Sir and Zaheer Sir, both focus on clearing the concepts of each and every student for end number of times. Also, they make sure to improve students' performance by creating study plans, mocks, practice and doubt-solving sessions. Highly recommended!!

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Jill Lal

ACCA
☆☆☆☆☆

Excellent Faculty & Support

My experience with FPA was very good. The quality of teaching was the best, but also it was not boring and more fun. For that, I would like to thank Zaher sir, who made all our concepts clear and was helpful in every way possible. I personally recommend FPA for all the professionals & students who are planning to pursue ACCA

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Moksharth Shah

ACCA
☆☆☆☆☆
FAQS

Frequently Asked Questions

What is the B.CMA – CMA (US) programme at L.S. Raheja College?
The B.CMA – CMA (US) program blends a comprehensive commerce education with the globally respected Certified Management Accountant (US) qualification, equipping students with strong analytical, accounting and managerial skills while preparing them for strategic roles in finance and business. With its industry-aligned curriculum, the track gives learners a powerful advantage, enabling quicker career growth and opening opportunities across corporate finance, auditing, consulting and management accounting both in India and abroad.
Who can apply for this integrated B.CMA – CMA (US) programme?
XIIth pass (in any stream) and Working Professionals from any sector can pursue CMA (US) alongside the B.CMA degree at L.S. Raheja College.
When do students appear for the CMA (US) exams during the programme?
Post Semester Three, students appear for the CMA (US) Part 1 Examination, and post Semester Six for the CMA (US) Part 2 Examination, with preparation for both parts integrated alongside regular BAF coursework across all six semesters.
Where is L.S. Raheja College located?
The college is located at Relief Road, Juhu, Santacruz (W), Mumbai-400054.
What additional skills do students gain alongside the academic curriculum?
During the three years, students pick up additional skills like Advance Excel, Financial Modelling, FP&A practical aspect, Financial Analytics, Corporate Soft Skills and other Life Skills training.
What are the requirements to claim full CMA (US) membership after certification?
To claim the membership for the CMA (US) certificate, candidates must submit a score card of passing CMA Part 1 & 2 Exam, an Undergraduate Degree/Marksheet, and proof of 2 years of work experience specifically in accounts, finance or related sectors.
What career opportunities and salary can graduates expect?
The programme offers global opportunities with jobs in Big 4s and MNCs, with a starting salary above INR 6,00,000, and is highly relevant for roles in MNCs, consulting firms, Big 4s and global corporations, including leadership roles in finance such as Finance Manager, FP&A Analyst, Business Analyst and CFO track roles.