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Certified Management Accountant (CMA)

Become A Certified Management Accountant!

Certified Management AccountantSearching for Certified Management Accountant (CMA) exam training? Then you've come to the right place!

CPATrainingCenter.com offers Certified Management Accountant training and certification courses for those individuals interested in earning the prestigious CMA designation.

The Certified Management Accountant (CMA) designation is the undisputed professional credential for persons in the field of management accounting and financial management. The CMA designation signifies that an individual working in this field has mastered a comprehensive body of knowledge directly related to operational and strategic management as well as the skills and abilities required to build quality business practices inside organizations.

Recommended CMA Prep Courses & Available Training Options

Why take a CMA review course? To fulfill your Certified Management Accountant requirements, you will have to take and pass a grueling two-part CMA exam, and each section is four hours in length. If you expect to pass this exam as soon as possible and get certified as a CMA, preparation is crucial. Those who have the most success at passing the CMA exam early typically put in many hours of study.

But just being determined to study hard is not enough — you have to study the right way. You need a directed CMA preparation program that allows you to focus on and absorb the material that will actually be on the exam, without getting distracted by material that may not be relevant.

We have the CMA prep course that will do just that for you. CPATrainingCenter.com offers exam review courses and training for earning the CMA designation. These are courses that have been painstakingly researched and tested to make sure they will offer you the most benefit and give you the best chance of passing the exam on the first try if you commit to the course.

We offer a study-at-home course for both the first part of the exam, Financial Planning, Performance & Control, and the second part, Financial Decision Making. We recommend getting the complete two-part course for convenience and cost-effectiveness.

About The Complete CMA Exam Review Course

Our recommended CMA exam prep course is the Advanced Certified Management Accountant Test Preparation course based on cutting-edge ExamMatrix CMA Exam Review Software, the most technologically advanced software you will find for CMA exam review. This is an all-new program that offers a host of extremely helpful features, like a user-friendly dashboard that makes tracking your performance on practice exams and progress with the material a snap.

What makes ExamMatrix so unique is the advanced machine intelligence you'll find in the program. It learns your skill level, strengths and weaknesses as you go in order to create a personal, customized study plan that suits your specific needs and learning style. Other study programs can provide you with all the information that may be on the test, but our program lets you hone in on your specific areas of improvement, so you can engage in focused studying that will make you stronger at taking the test in less time.

This course is chock full of features, including thousands of practice questions to test your knowledge, with clear, in-depth answers to help you fully absorb the information, not just learn the correct response. You'll get unlimited practice exams, and thanks to the program's detailed tracking and reporting, you'll always know exactly how you're doing and what you need to do to get where you want to be when the exam comes around. The course also comes with added features like hard copy reference books and specific reading assignments geared to your course of study.

By the time you actually sit down to take the course, you will do so with the confidence of someone who is fully prepared. You will have seen questions just like the ones on the exam before, in a similar layout and format, so you should be very comfortable. We have designed the course to specifically prepare you for the CMA exam requirement.

Recommended CMA Prep Courses & Available Training Options

Simply select the recommended course below, or search under "Licensing/Designations" in the search box thereafter for "CMA - Certified Management Accountant".

Recommended Training Courses:

Books/CDs/Other Training Resources
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Licensing
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Designations / Certifications
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Professional Development
Products & Services to help manage and grow your career!
Curriculum

Candidates for CMA certification must complete two examination parts to earn the designation:

Part 1 – Financial Planning, Performance and Control
  • Planning, budgeting and forecasting
  • Performance management
  • Cost management
  • Internal controls
  • Professional ethics
Part 2 – Financial Decision Making
  • Financial statement analysis
  • Corporate finance
  • Decision analysis and risk management
  • Investment decisions
  • Professional ethics

Examination Requirements

The CMA consists of two exam parts. Both are 4 hours - 100 multiple choice questions and two 30-minute essay questions.

Exams are offered in the following windows:
  • January and February
  • May and June
  • September and October
Exams are administered in a computer-based format at local Prometric testing centers located throughout the U.S. and internationally. Contact Prometric at 800-266-3232 for more information or to schedule the exam. An additional exam fee applies.


Additional Requirements

To be eligible for CMA certification, candidates must fulfill all of the following requirements:
  • Membership in the Institute of Management Accountants (IMA)
  • A one-time certification entrance fee of $200
  • Bachelors Degree, in any area, from an accredited college or university
  • Two continuous years of professional experience in management accounting and/or financial management
  • Passing scores for all required examination parts
  • Compliance with the IMA Statement of Ethical Professional Practice

Continuing Education Requirements

Upon completion of both parts of the CMA exam, candidates are required to complete 30 hours of CPE annually, including a minimum of two hours in the area of ethics. Credit will be given for subjects relevant to a management accountant's or financial manager's career development and related to employer needs. Programs may be in the form of college courses, seminars, workshops, technical meetings, self-study packages, or on-line courses.


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