CMA

To Become a CMA

-Membership in the IMA
-Bachelor's degree from an accredited college or university or an equivalent degree as determined by an independent evaluation agency.
-Two continuous years of professional experience (See the IMA "How to get started" page)
-Entrance into the CMA program
-Completeion of Part 1 (Financial Planning, Performance and Control) and Part 2 (Financial Decision Making) of the CMA Exam.


To Sit for the CMA

-You do NOT need to have a bachelor's degree in order to sit for the CMA exam, you can sit for it before graduation.
-Your degree does NOT need to be in Accounting or Finance

-You have a three year span to sit for and pass the two CMA exam parts
-Exams are offered in January and February, May and June, and September and October.


Maintaining CMA Creditial

-30 hours of CPE credit annually (including 2 hours of ethics)
-IMA membership
-CMA Maintainance Fee

 

This is up-to-date from the official IMA site as of 8/12/2013

Certified Management Accountant (CMA) Information

The CMA creditial is the worldwide gold standard in certification for accounting and finance professionals within the business world. Earning your CMA demonstrates the fact that you have mastered critical accounting and financial management skills.

The CMA program offers a great return, in a 2011 survey it was shown that CMAs earn nearly $22,000 a year more than noncertified accounting/finance professionals.

The CMA is not tied to any formal laws or regulations of any company, but instead shows that you understand the connections between finance/accounting and operations as well as how to make your business function effectively.