
CMA Overview
CMA is the certification for accounting and strategic management.
It is held by Professional in more than 100 countries, validating the experience in many countries all over the world.
As a globally recognized accounting certification, the CMA is your “passport” to pursue a wide range of career opportunities with multinational companies and other dynamic business and organizations
The CMA equips you with in-depth mastery of financial & business skills that put you in demand with employers.
The CMA:
- Delivers critical skills that businesses need
- Improves on professional competencies
- Adresses challenges of identifying top talent
- Bridges the gap between academia and industry
The CMA teaches you how to:
- Leverage financial data for strategic decision-making
- Budget and forecast for the long-term
- Manage working capital & analyze financing alternatives
- Evaluate capital investments and value acquisitions
- Appraise company performance in detail
- Identify and minimize risks
- Bachelor’s degree or professional accounting certification required
- 2 years of work experience required
- Successful completion of parts 1 and 2 of the exam
The CMA exam: 2 parts covering 12 competencies
Part One: Financial, Planning, Performance, and Analytics
15% External Financial Reporting Decisions
20% Planning, Budgeting, and Forecasting
20% Performance Management
15% Cost Management
15% Internal Controls
15% Technology and Analytics
Part Two: Strategic Financial Management
20% Financial Statement Analysis
20% Corporate Finance
25% Decision Analysis
10% Risk Management
10% Investment Decisions
15% Professional Ethics
The CMA examination is given in a computer-based format, and is offered at Prometric Testing Centers located throughout the world. An up-to-date listing of all Prometric Testing Centers can be found at Prometric’s website. www.prometric.com/ICMA.
- 12-18 months to complete both parts, on average
- Up to 3 years allowed to complete both parts
- 150-170 recommended hours of study per part
Parts 1 and 2 are offered during the following three testing windows.
- January/February
- May/June
- September/October
Registrations for Parts 1 and 2 will close on or after the 15th of February, June, and October.
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.
*IMA membership is additional and also required.