CMA USA
Today is the first day of the rest of your career. Make it count.
Just like the CPA, the CMA is a globally recognized certification. This means it is highly respected, and it opens up a lot of great opportunities within the management accounting and financial management industries.
The CMA exam will lead you to the highly appreciated CMA certification program and open up a door to potential earnings of a six-figure CMA Salary. Having this certification also gives you an edge over the competition and will help you get better jobs and get promoted within those jobs more frequently.
For nearly 50 years, the CMA® (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals. Why? Because CMAs can explain the “why” behind numbers, not just the “what.” And that can give you greater credibility, higher earning potential, and ultimately a seat at the leadership table.
CMA Exam Changes: 2020 Changes in Effect on January 1, 2020:
What Is Not Changing
The 2020 CMA exam changes will only affect the content of the exam, not the structure. The changes will also not affect the following:
- Exam administration
- Exam fees
- Eligibility and registration
- Testing windows
- Number and types of exam questions
- Skill level coverage
- Total testing time
- Exam scoring and passing score
Exam Content and Format:
The CMA exam is computerized and consists of 2 parts, each containing 100 multiple-choice questions and 2 essay scenarios. You will have 4 hours of total testing time for each part. You also have testing appointment flexibility: you can take the exam on any weekday within the testing windows ,which cover 6 of the 12 months in each year.
CMA Content Specification Overview:
Part 1 – Financial Planning, Performance, and Analytics:
(4 hours – 100 questions and 2 essay questions)
External Financial Reporting Decisions 15% Level C
Planning, Budgeting, and Forecasting 20% Level C
Performance Management 20% Level C
Cost Management 15% Level C
Internal Controls 15% Level C
Technology and Analytics 15% Level C
Part 2 – Strategic Financial Management:
(4 hours – 100 questions and 2 essay questions)
Financial Statement Analysis 20% Level C
Corporate Finance 20% Level C
Decision Analysis 25% Level C
Risk Management 10% Level C
Investment Decisions 10% Level C
Professional Ethics 15% Level C
To earn the CMA, you’ll need to meet the following requirements:
- Hold an active IMA membership
- Pass both parts of the CMA Exam within three years of joining the CMA program
- Have the Required Education – a bachelor’s degree or professional certification within 7 years of passing the exam
- Obtain the work experience – 2 continuous years of professional experience in management accounting or financial management within 7 years of passing the exam
- *Abide by IMA’s Statement of Ethical Professional Practice.
- Have two continuous years of professional experience in management accounting or financial management. (Please refer to the Experience Qualification section of the CMA Handbook.)
CMA Program Fees:
For Professional Members:
- CMA Entrance Fee(nonrefundable)$250*
- Exam Fee$415 per part
For Student/Academic Members:
- CMA Entrance Fee(nonrefundable)$188*
- Exam Fee$311 per part
Quick Tips on Getting Started
Learn how people like you got over the common hurdles to get started.
Utilize practice tests on study software and make sure you are consistently scoring at least 85% before taking the exam.
We strive to help candidates pass quickly and confidently, and today we continue to develop effective and innovative study solutions,Use our new Smart Online Exam Software™ platform, a truly adaptive technology, creates a personalized review path for our candidates and takes the stress out of studying! Success is Guaranteed!
We cover 100% of the ICMA’s Content Specification Outlines (CSOs) and Learning Outcome Statements (LOSs).
Try Before You Buy
Register for a 14-day complimentary course software trial. Simply visit our website and click online exam option , go for free DEMO . Access will be granted for CMA Part 1 and Part 2 so try both!