How does one become eligible to take the cma exam

You can take the CMA exam before meeting the experience and education requirements. IMA Membership Requirement. CMA Program Requirement. Professional Member Fees. CMA Exam Requirements. CMA Exam Structure. As stated in the CMA Handbook , each exam part consists of: multiple-choice questions. Two minute essay questions. You will have four hours to complete each exam part, but those four hours are broken down into: Three hours for the multiple-choice question section.

One hour for both essays. The essay section starts after you complete the multiple-choice section OR after three hours—whichever comes first. Once you complete or exit out of the multiple-choice section, you cannot go back. CMA Education Requirement. Please check to see if your university belongs to the list of accredited universities.

Degrees that are not accredited can be evaluated by an independent agency. Other professional certification requirements There are some exemptions for professional certificate holders, and to find out more on what those are, view the ICMA Approved Certifications for the Education Requirement. This can be a vital advantage going into studying for the test. CMA Experience Requirement. Work experience requirements include: 1.

Details of work experience requirements You should have at least 2 continuous years of full-time experience in financial management or management accounting. Experience examples To see if you have the right experience, here are some examples of tasks your role would need to include in order for your experience to count toward the experience requirements: Prepare financial statements Work on financial planning and analysis Complete internal or external auditing Budget preparation and reporting Manage ledgers or balance sheets Create financial forecasting Make investment decisions Focus on cost analysis Evaluate risk 3.

Submitting proof of work experience Note that you do not have to have these requirements before you take the exam. Finally, IMA also requires you to meet certain continuing education requirements in order to retain your status as a CMA: Meet the annual CPE CMA requirements To uphold your certification, every year, you must complete 30 hours of continuing professional education CPE , of which at least 2 hours of must be in ethics.

Becoming a CMA. Have a question? Need help? Contact Us. Terms of Service. This review course comes with 64 hours of video instruction. Students can practice with over 5, multiple choice questions and essay questions. The course also includes flashcards and a mobile app. This course offers students both digital and physical CMA review textbooks, instructional videos, and unlimited access to course materials until they pass the CMA exam.

The program also includes exam mentoring from personal counselors. Check out the IMA website for other helpful resources as well. Kick off your finance career with one of these affordable online accounting degrees. Compare the top programs, crunch the numbers, and get the best value.

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It is also recognized in several countries, including the U. More Job Opportunities: CMA certification makes job candidates more versatile, and thus more appealing to employers. Professionals who earn CMAs also become members of the IMA, which means more opportunities to network and hear about job opportunities. Career Advancement: Employers often prefer candidates with leadership and administrative skills for upper-level positions.

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Collapse All Expand All. What does a management accountant do? A management accountant typically works for private companies where they analyze financial data and strategize ways to improve company performance.

They evaluate investments, assess internal and external financial risks, and present their ideas to senior management. I have also two years working experience in Accounts Department in an organization. Now I want to do this CMA. Hi, I have done my MBA in Marketing from India this year, but I however do not like the job and would want to know if I am eligible for the CMA course I have done my 11th 12th in Commerce and Bachelor of Management Studies thereafter and since I have always liked Accounts and Finance would want want to know if it is actually possible for me to go ahead with this and what effect would it have on my future job prospects.

Also, have you come across any situation like this in the past? Hi Winnie, in terms of whether you can apply for the CMA exam, yes you can, since you have a bachelor degree. However, I personally think you should do it the other way round, that is, to get a job in management accounting or accounting in a corporate environment , see if you like it enough, then go for the exam. The certification helps in terms of job search but can never guarantee any.

Hi Stephanie, I have a B. Tech degree from India and around 5 years of experience in Information technology in India and UK but i have not worked after October Am i eligible for CMA? I have around 10 years of experience in a shared services enviornment including 2.

Will this experience count as accounting experience? Hi Manish, it depends on whether you are involved in any analytical work or in management. They are helpful. I want to know that if a cma from ima usa can practice as a consultant and advisory firm and sign on internal audit report, submit transfer pricing cases. I am not sure what you mean by signing the internal audit report… in any case, in the US, only CPA has the privilege of signing the external audit report. Sure you can TMT, and as a student you are entitled to a big discount.

I am a fourth year student taking up a bachelor degree in management and accountancy. I just wanted to ask if after graduation I could able to take an exam as a CMA? Hi Mafl, you can actually take the CMA exam any time now. There is even a student discount for you. However, you are right as there is a experience requirement to fulfill before you can get the certification.

So for you, the path should be: 1. Hiii Recently I completed my So idont have exp. Certificate from them. Hi Waleed, you might still get the student discount in this semester since you just graduated. But going forward, you will have to pay for the professional membership. Can I give CMA exam while studying? Yes you can Oppatil. But you need to consider how you can find a job related to accounting, because you need two years of relevant experience to get the CMA certification.

Hi Stephanie, I completed my B. The CMA exam is the same in any part of the world, including India. I have a small query. You have mentioned that experience may be prior to taking the exams.

Hi Raghavi, As long as it is relevant and that you have your supervisor to verify the experience, it should work. But it is best to contact IMA directly to confirm.

Hi, If I work as a auditor in a Indian chartered accountant firm.. Because getting a job in Big companies in finance or account department which has analysis involved is very hard… Waiting for your expert advise ….

Hi Roshan, Yes it will be counted as long as your supervisor is willing to verify the experience. Hi Stephanie, Thanks for your prompt reply and your advise … Have a great day ahead.

However, i want to do self-study first. Can you tell me where I can find CMA review materials? Hi Jiji, Sure! Is eligibility to sit CMA exams is my only benifit from the memebership? Are any exepmtions for examination papers possilbe? Hi Natalie, There might be other fringe benefits such as access to some publications… but in terms of tangible benefits e.

There were full exemptions for the exams for ACCA members back in for a few months, but they decided to scrap it due to potential abuse I heard. I am completed M. However, I still have a few more.. Is it possible to juggle the CMA coursework and my college coursework simultaneously?

Is it okay to work with a bank while preparing for my CMA exams? If I do, should I pay the young professional entrance fee? Here are my answers to your questions: 1. People prepare for the CMA exam with full time work and full time family commitments. Comparatively college work is easier to handle in my opinion. Transcripts and marksheets should be sent directly from your school. They are usually quite accommodating.

Probably not significantly to be honest. If you work as an accountant or with some financial analysis, the experience from a bank should count. Hi Vishvanath, On your questions: 1. Yes 2. No you can register one part at a time. Currently there is no discount on registering both parts within the same testing window.

I am not sure — please check with IMA directly. You can either call or email them. I have completed my B. Com from india and i have done my Executive master of business administration as well. Whether my work experience in Corporate is considered plus Kindly advise procedures to register for CMA.

Hi Vishvanath, Thanks for your note. I am quite sure you can get qualified. Depending on your nature of work in the bank and Wipro, you might have accumulated enough relevant experience as well assuming you work as an auditor in the audit firm, that year counts. Then visit the IMA site for joining the membership and when you are ready, to register for the exam.

Please let me know if you have specific questions on the process. On paying through your salary account, please arrange it with your HR department. At the same time, there are other providers that are pretty good. My name is Ritu, Im living in USA for 12 yrs on a dependent visa in other words i dont have a social security number. Can i pursue for CMA? Hi Kameswari, yes! The other question though is whether you are allowed to work with your dependent visa.

There is experience requirement to be fulfilled for the CMA certificate. I expext to complete my experience requirements just a few weeks after my deadline.

Hi Salma, if it is only a few weeks, you might want to talk to IMA directly. They do have good customer service. I want to purse CMA as well. I have no other Bachelor Degree.

You should be able to use the same experience to fulfill the CMA experience requirement, so no time is wasted here, no worries. Thanks for this post here. I am in a similar situation as Rizwan. I am doing my bachelors from a reputed university Distance- Learning and that would take another 9 months to be completed.

Here are a few questions to which i am unclear about:. I find contradicting statements on this one where some say that i can appear for the exam while others say that i require the degree. Hi Esmaeel, you need a degree when you get the certification, but as a student working towards a degree but no degree yet at this point you can start taking the exam. Is this clearer? IMA actually encourages student candidate by offering the student discount.

Yes, as long as you can provide proof that you are studying for at least 6 credit hours per semester, you are qualified for the discount. Hi Yijie, yes, no problem at all. Your experience can be counted as long as they are relevant and your supervisor is willing to fill out the verification form.

Can you learn the basics from those particular texts? Depending which type of test taker you are, it could be harder or easier. Self-study is no problem at all as most candidates take online courses at home these days. As long as you know basic accounting, you are fine. The important part is to work on many, many practice questions so get familiar with the style and complexity of the questions.

Hi Yash, I am afraid not… but if you gained the required experience through CA then you can use the same for the CMA working experience requirements. Should be ok Mohit, but you can email IMA at ima imanet. Hi Stephanie.. Is there any school for CMA here in Singapore.

Hi Mi, even in US most people self-study instead of going to classes. Everything is computerized including the exam itself, so it is best to study online and practice in simulated testing environment in my opinion. I am a student of B. After my graduation, I would directly like to pursue C. Could you please clarify my doubts below :.

Can I directly pursue C. A in the U. Is my degree B. A examination? Hi Rafay, Thanks for your note. I wish I could judge whether one can pass with a certain degree or not, but it is not possible.

I would say you should have basic understanding of accounting which is helpful, but most candidates take some kind of CMA review course to get prepared. I am a graduate of the following schools:. I have checked in the website that was provided in IMA. In that regard, I would then need to have my credentials evaluated then by the agencies that IMA has recommended in their CMA handbook. My question is this: May I be allowed to sit in the CMA examination even if my credentials are not yet evaluated by an independent evaluator?

May I just submit the education and other requirements after I take and pass the exam? Hi Redboy, I believe you have to get your credentials evaluated first and get approved for the exam first, but it is best to confirm with IMA directly. Can you list out a few companies where one can work to gain the experience? For experience, any company is ok as long as they have an accounting department. The important distinction is whether your job is involved in analysis or just simply routine and administrative work.

The latter is not counted. I am a bcom graduate from India with no experience …. Hi Juna, the CMA exam welcomes candidates from around the world. As long as you have a bachelor degree which you have , you can sit for the exam. You may need to do that after going back to your home country, or when your visa status changes to one that allows you to work.

If yes, how can i get a job in the US? Thank you in advance. If this is correct, it will depend on whether you are currently living in India or not. Getting a job in the US is a lot more than certifications. The easiest way in my opinion is to request an internal transfer to the US regional office if you work in a multinational company. Even so the company needs to do extra to apply for H1B visa for you etc. I do have friends who get hired by US firms from other countries, but they are typically quite senior or have special skills.

Do you think this job experience of mine will be taken into account? Hi Kaisar, the general rule is that it has to be related to accounting, financial analysis or management. I am not sure if your work has a role in analysis, but it could be an angle. I suggest that you check with IMA first before committing to the program, just to make sure. Hope to hear good news from you! Hi Jyoti, the role of officer in banking sector can be very broad, but if your work involves management accounting or financial management, it should be fine.

Your education is definitely ok. I understand it is hard for some schools outside of the US to have this arranged. If so you can contact call or email IMA for suggestions on the alternative. Im still here in riyadh and I already know the Prometric Center in Takhassusi Road but now they transferred to other Location in Alkhaleej near Exit 5. After trying for the second time I got these two addresses:.

Dear Mr. Table of Contents. Related Posts. Mozak says January 20, I have passed the CMA part 2 exam and am currently preparing for part 1 and intend to write the exam in the next window, which will also be my last opportunity to clear the exam as my 3 years period is coming to an end. Stephanie Ng says January 23, There is no guarantee, but you can always contact the IMA and ask for an extension. Rein says November 12, Hi! Thank you Reply. Stephanie Ng says February 28, Yes, your experience should be fine.

The IMA is very flexible. Stephanie Ng says June 12, Hi Aswinas, I suggest that you try your best getting a job, gain some experience and see which niche within the business management you like best. Bilal Ahmad says February 20, Hi Stephanie, hope you are doing good. Poorvi says February 2, Hi I am a B. Amanda says January 27, Hi.. Stephanie Reply. Sathish Kumar says November 29, Thanks Stephanie.

Stephanie Ng says November 20, Hi Mohamed, it looks to me that you are qualified with a bachelor degree. Regards, Stephanie Reply. C says July 7, Hi, I am glad to have come across this website. Appreciate your reply. Stephanie Ng says May 26, Hi Iavanya, I am not the best person to answer job related questions, but typically a bachelor degree is pretty important… also, do you have a specific way to go to the US in the first place?

Mihul says May 2, Heya! Stephanie Ng says May 4, Hi Mihul, welcome to our community! Regards Stephanie Reply. Janani says April 29, Hi, I did my bachelors B. Course by course evaluation Reply. Bilal Ali says April 26, My Enrollment is valid for 5 years.

Stephanie Ng says April 27, Hi Bilal, Again it depends on whether you are actively taking classes this term. Stephanie Ng says April 27, Hi Bilal, if you graduate, you are no longer a current student and will not be qualified for the student membership.

Mibin Thankahan says April 11, Iam an Indian. Hope it helps, Stephanie Reply. Stephanie Ng says April 12, Sure you can George. George says April 13, First of all thanks indeed for your reply, I have some more quires. Stephanie Ng says April 15, Hi George, it depends if you are a current student for 1 , and whether you are 33 or below living in North America for 2 , or whether you teach in universities in relevant field for 3.

George says April 16, Dear Stephanie Ng, I am an Indian, working currently in middle-east for more than 3yrs as an accountant age 28 as per your above reply I should choose professional IMA membership? Stephanie Ng says April 16, Hi George, yes the regular professional membership is good. There is no age limit. From india? Annie says February 25, Hi Stephanie!

Thanks, Annie Reply. Stephanie Ng says February 26, Hmm… yes, you are right. Say I plan on giving the exam by May end, by when should i register for membership Thanks, Christina Reply. Stephanie Ng says February 23, Hi Christina, you only need to become one when you have a exam date in mind. What are the critirea of this?

Can you share if you have information? I tried to look through this website, Gleim and IMA websites but did not find anything. Stephanie Ng says February 23, Sure. Stephanie Ng says February 5, Hi Shubham, you can take the exam as a student.

Regards, Stephanie If you are determined, welcome aboard! Stephanie Ng says January 31, Hi Isha, Yes it is fine because you are qualified with a bachelor degree in any discipline. If you are determined, welcome aboard! Mujtaba says January 26, Mujtaba hi sir if i pass boot part but my bachlor degree 2 year remain and not have expiriance , how much time IMA give me to complete these requirment Reply.

Regards Jitesh Reply. Stephanie Ng says January 15, Yes Jitesh since you are a current student you will be qualified. Cheers, Stephanie Reply. So Thanks A lot in Advance. Waiting For Reply. Stephanie Ng says December 7, Hi Abdul, thanks for your note!

Prakash sharma says November 30, Hi, I am Prakash. Amy says November 21, Hey, I am looking to re-enter the accounting industry and looking to take the exams. Stephanie Ng says November 16, Sure you can Alexis. Asif says November 5, Thanks a lot, if u can please let me know that who is the concern person in KSA. Stephanie Ng says November 6, Hello, typically a transcript is necessary, but I am not sure whether it is the same for Indian candidates.

Asif shaikh says October 30, Hi Stephenie, Can you please let me know whether saudie govt attest the cma certificate. Stephanie Ng says October 23, Sure Kazi!

Thank you so much this page gives alot of info abt CMA Reply. Jenna says October 13, Hi I am located in Barbados in the Caribbean how can I do my cma and is it offered online from a different country Reply.

Stephanie Ng says October 13, Hi Jenna, I suggest that you check out where you can take the CMA exam, and see if this is possible for you to travel there. Omar ahmed says October 12, can i apply for CMA test without major in accounting? Stephanie Ng says October 13, Hi Omar, you can apply because the CMA exam is open to those in all academic discipline, but you may need more time and effort to prepare for this exam because it is designed for those with at least some basics in accounting.

Karandeep Singh says October 6, Hi Stephanie … Thank you so much for your reply … I am using Wiley question bank , does it enough for clearing exam?? Stephanie Ng says October 8, Hi Karandeep, to be honest, there are people who pass and fail no matter which review courses they use, so it is hard for me to generalize. Stephanie Ng says October 8, Hi Umar, you may need to be more specific for us to help you. Stephanie Ng says September 27, Hi Karandeep, your current experience is counted.

Ahmad says September 26, Hello Stephanie, My question is, can I do the two CMA exams in three years and after that start collecting the the two years experience or I have to do the exams and the work experience in three years?? Stephanie Ng says September 27, Hi Ahmad, the three years limitation refers to the completion of the exam the two parts. What is the address? Thank you In Advance: Reply.

Stephanie Ng says September 14, Simply equip yourself by having a great resume and interview skills. Tejas Gore says September 14, By how to apply I meant..

Stephanie Ng says September 14, I would go for the traditional ways — the best is through networking knowing more people, and make sure they like you enough to forward your resume.

Thankyou Reply. Stephanie Ng says September 14, Sure, you can do that Mona. Thank you for help. Best, Tuba Reply. Stephanie Ng says August 24, Hi Tuba, good idea. Ishwarya says August 23, Hey Stephanie!

Regards GCB Reply. Regards Reply. Stephanie Ng says August 22, Hi Sunny, I am not sure if a 2-year bachelor degree is sufficient for qualification. Stephanie Ng says August 15, Hello, they are completely different. Can you please help me with this? Moazzam says August 3, Hello Stephanie. Looking forward for your reply. Stephanie Ng says August 3, I am afraid you need at least a bachelor degree… There are other qualifications, such as CFA, with more flexibility in exam requiremetns.

K says August 1, I graduated with a degree in Accounting. Anusri says July 13, I completed my degree b. Stephanie Ng says July 16, Hi Anursi, should be fine. Stephanie Ng says June 19, Hi Naseer, if you complete your study, you are a regular member. For example: account and finance? Tejas Gore says June 17, Since I dont have any companies in my mind could you please enlighten me with few such companies?

Iam in a hurry because I will start working as soon as I give my exams in September -october Reply. Thank youu. Stephanie Ng says May 31, Hi Zoheb, I guess you will need to spend time on getting familiar with the terminology, and doing more practice questions help to get used to those complex and lengthy sentences.

Stephanie Ng says May 26, Yes. Priyanth says May 24, Hi…. Stephanie Ng says May 24, Hi Priyanth, you can sit for the exam now. Priyanth says July 10, Does CA Articleship which is for 3 years meet the experience requirements? I have my relatives living in nebraska USA Reply. Stephanie Ng says May 26, I think it is more of a visa question. Stephanie Ng says May 22, Hi Visruth, yes you can, as they allow candidates to take the exam before graduation. Stephanie Ng says May 9, Sure Anoop, as long as you graduate from a university and that you plan to accumulate work experience before, during or after the exam.

Stephanie Ng says May 6, Hi Majeed, they only count full time jobs. Aarti Nair says April 27, Hi Stephanie I am a CA student in India currently doing intermediate and articleship of 3 years as is mandatory for the course.

My query is : 1, Will my b. Thank you for your help. Aarti Reply. Stephanie Ng says April 28, Hello, on your questions: 1.

Aarti Nair says April 28, Hi! Thank you so much for your speedy reply. I still have a few more queries. Thanks, Sriram Reply. Sriram says May 1, Thanks Stephanie. Stephanie Ng says May 2, I guess if it involves around analysis, it works. Shilpa says April 21, Hi I am a student of cma intermediate i want do acca or aca to get job in uk or us which is more flexible.

Please tell me the eligibility of acca and aca Reply. Vishnu Nair says April 28, Shilpa Mail me to vishnu gmail. Stephanie Ng says April 14, Sure you can. Please help Reply. Stephanie Ng says March 23, Hi Aparnna, Generally the name should be the same as your ID that proves your identity on the exam day.

Thanks in advance Reply. Stephanie Ng says March 20, Hi Ayesha, do you have a bachelor degree? Mohana says February 25, I have bachelor and masters degree with nine years working experience. Stephanie Ng says February 14, Hi Bobbie, for CMA, you can be a bachelor degree holder in any discipline, so nothing to worry about. Angelica P. Stephanie Ng says February 7, Sure you can Amar. The IMA recognizes 3 year degrees.

Shadhu says January 31, Hi Stephanie, Thanks for your reply. Ahmed Hossny says January 10, One more thing for self study what is the best material do you recommend me.. Stephanie Ng says January 13, Hi again, here is the pros and cons of the major providers.

Ahmed Hossny says January 10, hi there what is the latest version on the CMA im going to start studying it this year is there will be a new version for this year or nothing change from ?? Faisal says January 3, Hi, I have done MBA Finance and have two years of working experience in a bank in operations and 2 years in administrative capacaties. Stephanie Ng says January 4, Hi Faisal, yes you can take the exam, but may need more time in understanding accounting concepts during the preparation.

Please revert asap Regards, Sam Parikh Reply. Please revert asap Regards, Mohan Das Reply. Stephanie Ng says December 13, Great to know! Stephanie Ng says December 8, Hi Prachi, I think most candidates can pass within a year or so, but if they are busy and need time off between the two parts, then it will take longer.