About BMAF – CMA US
The BMAF – CMA (USA) program at SIES (Nerul) College of Arts, Science & Commerce (Autonomous) combines a strong Bachelor of Management Accounting & Finance foundation with the globally recognized Certified Management Accountant (USA) qualification, providing students with a powerful blend of academic rigor and professional expertise. The BMAF curriculum emphasizes management accounting, financial management, cost control, budgeting and performance evaluation, while the CMA (USA) component builds advanced capabilities in financial planning & analysis, strategic cost management, internal controls, risk management and decision-making. This integrated program offers international exposure, fast-tracks progress toward a global professional credential and prepares students for high-growth careers in management accounting, corporate finance and strategic financial roles worldwide.
ABOUT CMA (US)
- CMA (USA) stands for Certified Management Accountant, a globally respected professional credential.
- It is conferred by the Institute of Management Accountants (IMA), USA, one of the most prestigious accounting bodies in the world.
- The CMA community has 1,50,000+ members globally and the certification is recognized in 150+ countries, making it truly borderless.
- CMA (USA) is considered the gold standard in Management Accounting and Finance, with a strong focus on decision-making and strategy.
- Designed for professionals who want to move beyond bookkeeping and become business partners to management.
- Highly relevant for roles in MNCs, consulting firms, Big 4s and global corporations.
- The syllabus is practical, application-oriented and industry-aligned, not theory heavy.
- Ideal for students aiming for leadership roles in finance, such as Finance Manager, FP&A Analyst, Business Analyst and CFO track roles.
ABOUT SIES (Nerul) College of Arts , Science and Commerce (Autonomous)
SIES (Nerul) College of Arts, Science and Commerce (Autonomous), established in 1960 by the South Indian Education Society, is a reputed autonomous institution in Mumbai offering UG, PG and professional programs. NAAC-accredited, it focuses on academic excellence, research, industry relevance and holistic student development.
SIES (Nerul) College of Arts, Science and Commerce (Autonomous) has collaborated with FPA Edutech – A Platinum learning approved provider for CMA (US) course. Students enrolling for this course will be eligible for special discounts on IMA registration and exam fees.
Location of the College: Sri Chandrasekarendra Saraswati Vidyapuram, Plot I-C, Dr D Y Patil Vidyanagar, Sector 5, Nerul, Navi Mumbai, Maharashtra 400706
Why BMAF – CMA US
Dual Qualification within 3 years
Graduation from Mumbai University along with professional qualification of CMA (US)
In college training for both graduation & CMA (US)
Lower Cost and Time Saving compared to taking up graduation and professional qualification separately
Training from highly qualified faculties and industry experts
100% Placement Assistance and one-to-one mentorship
Application-oriented learning along with training for Industry Ready Skills
Global Opportunities with Jobs in Big 4s and MNCs with Starting Salary > INR 6,00,000
BMAF CURRICULUM
Semester I
- 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)
Semester II
- 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)
Semester III
- Cost Accounting – III
- Management Accounting – III
- Internal Control Systems – II
- Digital Marketing
- Financial Accounting – III
- Hindi
- Co-curricular (CC)
- Field Project
Semester IV
- Cost Accounting – IV
- Management Accounting – IV
- Internal Control Systems (RM) – III
- Personal Finance
- Financial Analytics
- Hindi – II
- Co-curricular (CC)
- Financial Literacy
Semester V
- Financial Management – I
- Security Analysis & Portfolio Management
- Professional Ethics
- Direct Tax
- Understanding Startups & Business Models
- Technical Analysis
- OJT / Field Project
Semester VI
- Financial Management – II
- International Finance & Derivatives
- Alternative Investments
- Indirect Tax
- Stakeholders Management
- Personal Branding
- OJT / Field Project
CMA (US) Curriculum
Part–1: Financial Planning, Performance & Analysis
- External Financial Reporting Decisions
- Planning, Budgeting and Forecasting
- Performance Management
- Cost Management
- Internal Controls
- Technology and Analytics
Part–2: Strategic Financial Management
- Financial Statement Analysis
- Corporate Finance
- Business Decision Analysis
- Enterprise Risk Management
- Capital Investment Decisions
- Professional Ethics
BMAF Student Journey with CMA (US)
- Over six semesters, students study and appear for regular BMAF courses along with integrated preparation for CMA (US) Part 1 & Part 2 Curriculum.
- During the three years, students pick up additional skills like Advanced Excel, Financial Modeling, FP&A & Wealth Management.
- Post Sem Three student will appear for CMA (US) Part 1 Examination and post Sem Six for CMA (US) Part 2 Examination
- Post Sem Six, students will receive continued academic and exam support to clear CMA (US), placement assistance along with certification completion requirement.
CMA (US) COURSE ELIGIBILITY
XIIth pass (in any stream) and Working Professionals from any sector can pursue CMA (US).
CMA (US) Membership (OPTIONAL)
To claim the membership for CMA (US) certificate;candidate must submit the below mentioned documents:
- Score card of passing CMA Part 1 & 2 Exam.
- Undergraduate Degree/Marksheet.
- 2 years of work experience specifically in accounts,finance or related sectors.
Our Placements



















I am interested in knowing more about the BMAF – CMA US


