About CMA Qualification
Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields.
The certification signifies that the person possesses knowledge in the areas of financial planning, analysis, control, decision support, and professional ethics.
The CMA is a U.S.-based, globally recognized certification offered by the Institute of Management Accountants.
CMA-certified professionals work inside organisations of all sizes, industries, and types, including manufacturing and services, public and private enterprises, not-for-profit organisations, academic institutions, government entities (USA), and multinational corporations worldwide.
To date, there are more than 40,000 active CMAs with more than 80,000 candidates in the current pipeline.
The Certified Management Accountant (CMA) qualification equips you with in-depth mastery of financial and business skills that put you in demand
with employers in the global market. The CMA qualification
1. Delivers critical skills that businesses need
2. Improves on professional competencies
3. Addresses challenges of identifying top talent
4. Bridges the gap between academia and industry
Certification Requirements
In order to earn your CMA certification, you must pass the CMA exams, fulfil two years of professional experience, and sign up for an IMA membership.
The Certified Management Accountant (CMA) exam is comprised of two parts, which candidates can take during the allotted
testing windows. There are three exam windows each year, and it’s up to the CMA candidates discretion when they sit for the exam.
What do you learn ?
The CMA teaches you how to:
1. Leverage financial data for strategic decision-making
2. Budget and forecast for the long-term
3. Manage working capital & analyze financing alternatives
4. Evaluate capital investments and value acquisitions
5. Appraise company performance in detail Identify and minimize risks
Lecture Videos
Comprehensive yet easy-to-understand lecture videos provide complete coverage of the exam syllabus.
Practice Question Videos
Videos for exam questions from practice kit and previous exam questions. Explanations are included for all answer.
Short Notes
Our exam focused short notes are up to date and well prepared by our experts. These notes are a best for exam revision.
Online Quizzes & Mocks
Online quizzes & Mock Exams help identify knowledge gaps as well as they are a source of quick learning.
Pre Exam Webinars
We offer pre exam webinars two weeks before each exam sitting to learn more about exam techniques and focus areas.
Guarantees
1) One-On-One Support Guarantee
2) Up-To-Date Guarantee
3) Best Price Guarantee
We offer complete CMA exam prepration courses. All courses include all the necessary resources to pass your CMA exam in the first attempt.
We offer complete CMA exam prepration courses. All courses include all the necessary resources to pass your CMA exam in the first attempt.
Apart from CMA Complete Learning Packs we also offer CMA Complete Notes as an additional resource. Our CMA complete notes are in detail and provide sufficient content to prepare for CMA exams.
CMA Part 1 - Complete Notes
CMA Part 2 - Complete Notes
Frequently Asked Questions
What is the minimum qualification required to start Certified Management Accountant (CMA)?
There is no specific minimum education required. University students can also join CMA and complete it along with their academic degree. That's the reason there is a separate membership tier for academic members also.
How many exams do I need to pass become CMA certified?
To earn CMA Certification you need to pass two exams namely CMA Part 1 and CMA Part 2 and prove that you have a minimum of two years working experience in accounting, finance or related field.
Do I need work expereince to get CMA certified ?
Work experience is not needed to take exams. However, after your CMA exams and then to claim certificate you have to show 2 years experience in accounting or related field.
How long does it take to complete CMA qualification?
If you are a full time student you can complete CMA within 6 months. For working professionals, it can be done maximum within a year.
How much CMA costs and what are costs involved
There are 3 types of costs involved:
1. IMA membership fees which is renewable every year. ($280)
2. CMA entrance fees which is valid for 3 years i.e. you have 3 years to complete both exams. ($280)
3. Exam fees ($460 per exam)
The last is the tuition fee to prepare for your exams. This totally depends on where you get tuition. You may also think of preparing yourself and avoid the tuition cost at all.
Syllabus for CMA Part 1 Exam
Financial Planning, Performance, and Analytics
External financial reporting decisions (15%)
Planning, budgeting and forecasting (20%)
Performance management (20%) Cost management (15%)
Internal controls (15%)
Technology and Analytics (15%)
Syllabus for CMA Part 2 Exam
Strategic Financial Management
Financial statement analysis (20%)
Corporate finance (20%)
Decision analysis (25%)
Risk management (10%)
Investment decisions (10%)
Professional ethics (15%)
Where and when can I take exams?
Exams are held 3 times during the year. Jan/Feb, May/Jun, Sep/Oct. Effectively you have 9 attempts during the 3 years to pass both exams. Exams are conducted in Prometric Testing Centers which are located all over the world.
Once you register for exam you get an authorization number which you can use on Prometric website to schedule your exam as per your preference during the 3 exam windows explained above.
Are the resources provided by Vertex are enough to pass the exam ?
We provide all the necessary resources such as lecture videos, question videos, tutor slides, tutor detailed notes to prepare and pass your exam.
