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About CMA

About the CMA (Certified Management Accountant)

IMA®’s globally recognized CMA® (Certified Management Accountant) program is a relevant assessment of advanced accounting and financial management knowledge in critical areas such as financial planning, analysis, control, and decision support. For more information about the CMA®  certification program, please visit www.imanet.org/cma-certification.

Steps to Becoming a CMA:

1- Have a bachelor’s degree from an accredited college or university.

2- Fulfill two years of professional experience in accounting, finance, or management.

3- If the bachelor’s degree and professional experience both are not available, you can fulfill the education and experience requirements within 7 years after passing the exams.

4- Prepare for the CMA® program using certified course providers.

5- Pass both exams (Part 1 and Part 2).

CMA Program Breakdown

The CMA® program is composed of two parts covering various topics, summarized as follows:

Part 1: 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%

Part 2: Strategic Financial Management

Financial Statement Analysis 20%
Corporate Finance 20%
Decision Analysis 25%
Risk Management 10%
Investment Decisions 10%
Professional Ethics 15%

About IMA (Institute of Management Accountants)

IMA® , named the 2017 and 2018 Professional Body of the Year by The Accountant/International Accounting Bulletin, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA®  supports the profession through research, the CMA® (Certified Management Accountant) and CSCA® (Certified in Strategy and Competitive Analysis) programs, continuing education, networking, and advocacy of the highest ethical business practices. IMA®  has a global network of more than 125,000 members in 150 countries and 350 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA®  provides localized services through its four global regions: The Americas, Asia/Pacific, Europe, and Middle East/India. For more information about IMA® , please visit www.imanet.org.

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