CMA Exam Requirements: Two Simple Steps Towards Certification

cma exam requirements

CMA exam requirements are straightforward and easy to fulfill when compared to other accounting qualifications.

This post covers the first requirement on education. The next post in this series covers that on experience.

CMA Exam Requirements on Education

As long as you have a Bachelor degree in a “decent” university in your country, you are qualified.

What does it mean? Go through the steps below, and you will know exactly whether you can proceed with the application.

1. Is Your School on this List?

(a) US candidates

If you study in the US and your school is an accredited educational institution, you are all set.

(b) Non-US candidates

IMA refers to this list of accredited international institution in  http://univ.cc/world.php. You can select your country and locate your university.

CMA educationa lrequirementsWhat if my school isn’t on the list?

If your school is not on the list, don’t worry as you can still get qualified with an extra step of getting your transcript evaluated. You can choose any agencies that is a member of NACES or AICE. Then, ask them to send an evaluation to IMA. You will also have to send an official transcript (in English) to IMA for their reference.

What if my school is not willing to provide an official transcript?

You can mail a notarized copy of your transcript to IMA. Please note that faxed or emailed documents are not acceptable as the documents must be originals with the raised seal of the college or university or the notary.

2. Is Your Bachelor Degree a 3-Year or 4-Year Program?

IMA accepts bachelor degree that runs a minimum of 3 years. If you graduated from a 2-year program, please check with IMA directly and see if there are exemptions. I understand that 2-year programs are prevalent in some parts of the world.

3. Are You an Active Student or Have Your Graduated?

Students may sit for the exam before they complete their degree, provided they’re registered for at least 6 credits per semester during the academic year.

4. What if I Don’t Have a Bachelor Degree?

(a) ACCA full member

If you are a fully qualified member, you are automatically qualified under the mutual agreement between IMA and ACCA. In other words, it is okay for you not to have a bachelor degree.

You can mail your ACCA qualified membership confirmation to:

ICMA
10 Paragon Drive, Suite 1
Montvale, NJ 07645
USA

(b) Other candidates

If you are serious about taking the CMA exam, you may write to IMA for a possible exemption. IMA states that exemptions may be considered in their CMA Handbook.

You may want to explain the reason of not getting a bachelor degree (e.g. it is not common in your home country) and how your experience, local certifications or other credentials can be seen as equivalent to that.

5. Still Need More Details?

Please check out the Education requirements in CMA Handbook (p.3).

You may also want to email IMA at ima[@]imanet.org, or call at 800-638-4427 and ask to speak to the exam certification assistant and she can help you with any info you need.

CMA Exam Requirements on Experience

You don’t need to fulfill the experience requirements in order to sit for the exam. However, this is necessary for the certification.

To ensure that you can complete all requirements and hold yourself out as a Certified Management Accountant, I encourage that you check out the experience requirements sooner rather than later.

Step 2: Check out the
Experience Requirements

Comments

  1. Kyle Schaffner says

    Do you have to have 2 years of professional work experience in accounting before even signing up for the CMA or just before you sit for the test. Could you register and start the course work and studying before two years of accounting work experience?

    • StephanieStephanie says

      Yes certainly you can do that. You only need to get the experience within 7 years of passing of the CMA exam. I think IMA is trying to be very flexible on this for candidates who weren’t accounting majors but would like to get into accounting.

  2. Riz says

    Hello Stephanie,
    I have completed my B. Com (3 yr degree) from an accredited university in India. I plan to write my exam in India, work here for a couple of years and then move to US, Canada or Australia. I would like to know if my CMA certification would be acceptable in those countries or will I have to write the CMA certification exam again as per those country’s requirements????

    • StephanieStephanie says

      Hi Riz, I have to say Canada has its own version of CMA (CMA canada) so if you are sure you want to go to Canada, it is better to get the other one.

      But if you aren’t sure which country you may work some day, the US CMA is more recognized around the world and it would be a useful investment when you have the time to get it done. Cheers, Stephanie

  3. StephanieStephanie says

    Hi Riz, I have to say Canada has its own version of CMA (CMA canada) so if you are sure you want to go to Canada, it is better to get the other one.

    But if you aren’t sure which country you may work some day, the US CMA is more recognized around the world and it would be a useful investment when you have the time to get it done. Cheers, Stephanie

  4. Nadia Mirza says

    I have Masters degree in economics. I have 18 years of expereience working as accounting and finance managers with various organizations. Do I need a degree in accounting to pass CMA exam? Or do I need to complete some accounting courses from a college before appearing to CMA exam.

    • StephanieStephanie says

      Sure it can be counted. I don’t know the statistics but non-US candidates represent a substantial percentage of the CMA population.

  5. m says

    hye, i have more then 10 years work experience in financial and non financial roles. i have pass grade 10 school and enroll in acca and pass my six acca papers. is em eligible to apply cma? and my previous work experience will count towards my membership? as an student what will cost me. regards

    • StephanieStephanie says

      Hi m, if you are a ACCA full member then you can get your exemptions on the CMA education requirements. Your work experience should work to fulflil the experience part of the requirement as long as you got it within 7 years of passing the CMA exam. You might be able to get discounts as a student if you are eligible to the following:

      To qualify for Student membership, individuals must be enrolled in at least six (6) undergraduate or graduate credit hours, or the equivalent, per semester. Student membership can be held for a maximum of six (6) years. Student members who move to another membership category cannot revert back to Student membership.

      Please check the official website for the current rate: http://www.imanet.org

  6. m says

    for registration i need institute or as an private candidate i can apply registration?
    for online registration which documents required to send IMA?
    for full time student registration fee is 39$ plus 75$ is it?
    if i apply registration today than may i eligible to attempt exam in june 2013 ?

    • StephanieStephanie says

      Hi M,
      You can apply as an individual – that’s what I did and I am sure it works. Once you register online, you will need to ask your school to send in the official transcript. I understand that some schools may not want to do it and if so, you can send an email to IMA and see what they suggest. From my experience they are helpful and give prompt answers.

      On the fees, yes but please include the exam fee ($300-350 for each section) in your budget. Also, once you are no longer considered a student, the student fee doesn’t apply and you should expect to pay the regular fee.

      And on your last question, if you apply in April/May you can sit for the exam in the May/June window, or other windows within 12-month period.

      Hope it helps! Stephanie

    • StephanieStephanie says

      Hi Raisa, for CMA review courses you can get more information on this page: http://ipassthecmaexam.com/cma-review-course/
      These are self-study courses and you can take it at the comfort of your home.

      There are live courses available in major cities around the world, but since the quality of lecturers vary greatly (especially those outside of the US), I usually recommend candidates to get these self-study courses instead. Stephanie

  7. Sana Khan says

    Hi Stephanie,
    I am a recent college graduate (BBA in Accounting and Finance) from India. I am currently in Qatar looking for a decent job. I have no work experience but can I still sit for the CMA exams and complete my 2 years work ex. while passing the exam?
    Also is there a different version of the CMA for the middle east. Do you suggest I do the US – CMA and if so How do i go about doing that.

    • Stephanie Ng says

      Hi Sana,
      Yes, you can definitely sit for the CMA exam before you get any working experience, but you are supposed to finish the whole program within 3 years, so be mindful of this.

      There is only one version of CMA from IMA and you can take it in all major cities around the world. There are other CMAs e.g. the one from Canada, but it’s from a different organization. The most international version should be this one, i.e. the one from US / IMA. It is especially well recognized in the Middle East. Cheers, Stephanie

  8. Raza Mohammed says

    I have done Bachelor’s of Commerce ( 2 years ) and 2 years of working experience in a multinational company in Finance Dept. Am I eligible for the CMA ??

    • Stephanie Ng says

      Sure m, it took me half an hour to get registered… but then it does time a few days for the transcript to arrive to their office to complete the exam registration process. Stephanie

  9. Federico says

    Hello Stephanie.
    I think that the “You can gain your experience up to 7 years prior to taking the exam” statement is wrong. Actually there is no time limit for prior experience, and the 7 year limit counts AFTER taking the exam.
    Please check it out (my experience is 11 years ago, so this is an important issue).
    Thank you!

  10. Shailaja Pramod says

    Dear Ms.Stephanie

    I have done B.Com MBA in Finance and having 4 yrs of Banking experience.

    Am I eligible to take up the CMA Exam. If so how long i will have to invest my time in studying and getting prepared for the exam?

    Please help in this regard. Now I have a 5 yr old kid so i have taken break in my career so i’m planning to take up CMA exam.

    Thanks in Advance.
    Regds

    • Stephanie Ng says

      Hi Shailaja, yes, definitely can qualify if you have BCOM + MBA. For banking, it depends on the job nature but if it involves financial management it should be fine.
      On the time, it is suggested by IMA that candidates need 100-150 hours for each. I think I needed less than that but it all depends on the background of candidates.
      It’s a good idea to “restart” your career with a certification! Best of luck to your exam! Stephanie

  11. Tim says

    How does one gain experience when no one will give me an opportunity. I have not taken the CMA exam. I would like to pass it in the near future. However, I graduated five years ago with a B.S. in accounting and I still haven’t found any work in my field of study. I have been working in a manufacturing environment all this time.. I continue to search and apply for accounting positions with the same luck. I don’t have any experience other than an internship. Do you have any suggestions? I am thinking that by passing the exam that I will become more appealing to potential employers. Thanks in advance for the help!

    • Stephanie Ng says

      Hi Tim, yes it helps, but maybe what is needed is a resume that can fully highlight your skill set. I am in the process of writing a bunch of posts on resume and interviews on accountants. Hope it will help. Stephanie

  12. Sufeyan says

    Can anyone help me?

    I have passed my CA Intermediate examinations from Institute of Chartered Accountants of Pakistan. I also worked as finance manager in local organisation for 5 years. I do not have any bachelors degree. Am i eligible for CMA?

    • Stephanie Ng says

      Hi Sufeyan, I think they do need a bachelor’s degree, but you may want to double check with IMA and see if it is possible to consider your CA as equivalent to a bachelor’s. A quick email will do. Good luck! Stephanie

  13. JC says

    Hi Stefanie,

    Just wondering, does my work experience in public accounting (both attest and tax) count for the two-year experience requirement? I saw the words “public accounting” in your list of acceptable experience, but is it still acceptable if it is the only experience that one has?

    Thank you,

    JC

    • Stephanie Ng says

      Hi JC, I am quite sure it is ok, but if you want to confirm (which I encourage you to do), contact IMA and they will tell you the exact answer. They have been doing that for my other readers. Good luck! Stephanie

  14. Pankaj Kumar Patel says

    Hi…Stephanie ji
    i am final year student of chartered accountant of india . my question is that can i join cma course & can i pass this exams within 9 months after join. i am intersted to make carrier in the field of finance. i have completed 3 years degree course from recognised university of india with only 50 % marks.

  15. Allan says

    I have a B’com degree from a listed university in India. I also am presently working as an Assistant Accounting Manager and has a work experience of 15 years in similar field. I want to pursue US CMA. Firstly, please let me know whether I can enroll for CMA. If so, are there any coaching institutes in Bahrain(where Iam presently working) for CMA?. What are the fees for CMA? What are the enrollment requirements and process?

  16. Vanessa says

    Good day, Stephanie!!
    I am recent graduate of BSBA- Major in Management Accounting. Do I need to have 2 meaningful years before taking up the CMA Exam? Thank you.

    • Stephanie Ng says

      Hi Vanessa, by meaningful years do you mean working experience? You can take the exam first and fulfill the working requirements later. If I misunderstand your questions just let me know. Cheers, Stephanie

  17. C says

    Hi Stephanie,

    I am a B.Com graduate from India staying in the US. I want to pursue CMA course. I have an year’s work experience. I worked in an Audit Firm before moving to the USA. I have a couple of doubts for which I need clarification.

    1) Does doing CMA help me in satisfying the 150 Credit Hour Rule for CPA?
    2) Will my work experience be taken into account for the Professional work experience requirement in CMA???
    3) Would you suggest self studying or are there any online coaching classes for CMA????

    Thanks in Advance.

    Regards.

    • Stephanie Ng says

      Hi C, on your questions,
      (1) I am afraid CMA cannot be used to waive any CPA educational or licensing requirements.
      (2) Sounds like it is fine, but you can double check with IMA with an email before you apply.
      (3) Sure, most of my readers do that, and I believe it is more common to self-study at least in the US. Here are the pros and cons of major CMA review providers: http://ipassthecmaexam.com/cma-review-course/

  18. Ganesh says

    I have done my B.com from an accredited university in India. I would like to take up my CMA exams in Dubai, can I take up the exams with the tourist visa or should i take up a resident visa or work permit? Please help me out with this.

  19. Kanika says

    Hi Stephanie,

    I have done my graduation from India (accredited University). I am pursuing Executive program in Applied Finance from Indian Institute of Management Calcutta (One of the top Institute of finance in India).I would like to pursue CMA this Oct 2014 attempt.I am little bit confused with the MOU signed betwwen IMA – AACA and IMA – ICWAI.Can you highlight which papers will be exempted if I clear CMA.Is there any claue for ICWAI that I will get recognititon if I will give exam out of India.

    Thank you!
    Regards,
    Kanika

  20. kashif says

    Hi,

    Stephanie,

    I fulfill the education and experience as I am a Bechalors from recognised university and well enough experience with required roles.

    But, I need your help to know the following next steps:

    EDUCATION: Should I have to send my original transcript?? or It should be sent by the university. if yes by what time original transcript will be returned back. Plus what is the Notirised Copy.

    EXPERIENCE: what steps are needed for experience verification?? how ima will know about my experience.

    • Stephanie Ng says

      Hi Kashif, the standard is for the university to send the transcript directly. This is the best proof that the transcript is official and original, and so you don’t need to worry about notarized copy. However if it is difficult for you to arrange that, you can email IMA and see if there is alternative ways to get it done.

      I don’t think they return any transcript so don’t send your only one original to the IMA.

      On experience, there is a form to fill out, but if you want to check whether your experience is fine, you can email IMA with description of your job. hope it helps! Stephanie

      • kashif says

        Hi,

        EDUCATION: I have contacted IMA on Degree Submission Procedure, they replied that I have to submit the original trascripts instead of from university.

        I have forded the email to you at “stephanie@ipassthecmaexam.com”

        • Stephanie Ng says

          Thank you Kashif, and I got your email. I sent the official transcript with no problem, so do everyone I know. Now this makes me confused :)

          I have to say, for those who study in the US, the first/original transcript is the same as any other official transcripts prepared by the University.

          It’s smart for you to double check whether they will return the original transcript. Please make sure they do that. If not, I will just go ahead and ask the school to send the official one. Just my own opinion, but it doesn’t worth the risk… Stephanie

          • kashif says

            Hi,

            Thanks for your prompt reply.

            I have already asked from IMA about return of the original transcripts. Will update you once I get any reply from them.

            Thanks

          • kashif shahzad says

            Hi,

            I sent my transcripts and IMA has accepted by transcripts.

            I have filled the membership form amd scanned it. But, now can you tell me how to submit the membership form, pay fees and get the membership number as IMA ppl are asking for membership number to step further.

          • Stephanie Ng says

            Hi Kashif, did you receive an email on the membership? Or if you sign in in the IMA website, you should be able to get the relevant information under your profile. If you can’t figure it out please drop me a note again. Stephanie

  21. Martin says

    My daughter just completed her HSC from Mumbai, India and starting her B.com degree. She wants to do CMA from USA. Is she eligible for CMA ? Which Coaching Class do you suggest in Mumbai?

    • Stephanie Ng says

      Hi Martin, yes she can take the CMA exam as long as she is taking at least 6 credit hours of courses per semester in the year. There is a student discount too. More info here on fees: http://ipassthecmaexam.com/cma-exam-fees/

      As for coaching class in Mumbai, I don’t usually comment/recommend local courses because it is quite impossible for me to track and comment on each instructors, who are critical to the quality of the program. Instead, I recommend online/self-study CMA review courses because (1) the quality is guaranteed because I have personally reviewed their courses; and (2) I believe most candidates in the US rely on self-study classes and they have the highest pass rate worldwide. There are lots of reasons for the pass rate but I think the quality of courses is one of them Hope it helps!
      More info on the review courses here: http://ipassthecmaexam.com/cma-review-course/

  22. karim eid says

    i just earned my cma certificate but regarding the experience part do you think that experience as an accounts payable accountant gets accepted by the ima thanks in advance

    • Stephanie Ng says

      Hi Karim, first of all, congratulations! As long as there are some analysis and management involved in your work (versus, say, an accounting clerk who only uploads the journal entries) it should be fine. When you/your boss describe your experience, you may want to emphasize that. Good luck! Stephanie

  23. Ahmed says

    Hi Stephanie,

    I have a bachelor degree in accounting since 2006 and I’m working as accountant and then as a senior accountant, do i have to complete two yer after passing the exam or my previous experience is enough?
    And whatever the answer would be, how the experience would be attested or assured by IMA?
    do they need the experience certificate to be attested from a ministry or something like that?
    do they have a specific form for it ?
    I will start self-study for the CMA and I’m located in the Middle East specifically in Saudi Arabia but I’m from Egypt, my question is : is the US version good for me or i have to get another version?
    thanks in advance and sorry for taking long.
    Note that I’ll get other more questions very soon.

    Thank you!
    Regards,
    Ahmed

    • Stephanie Ng says

      Hi Ahmed, thanks for your note. On your questions:
      1. Previous experience is good as long as the work is relevant.
      2. The experience is verified by your supervisor. There is no attestation and assurance by the IMA as it is the responsibility of the candidate (i.e. you) and the supervisor.
      3. No
      4. The exam is exactly the same anywhere you take it (except in China, where exam in Chinese language is available). So there should only be one version, and so the US version you refer to is great.

      Hope it helps! You are most welcome to drop me a note along the way. Cheers, Stephanie

  24. Ahmed says

    Hi Stephanie,

    As i told you I’ll have other more questions but i didn’t know it would be so fast.
    Months go i contacted the IMA to get info about centers or agencies to register or to deal with them and the following was their reply:
    Yes, you can book your exam at Prometric Testing Center.
    Steps for Prometric Internal Process to walk member through:
    · Visit http://www.prometric.com/ICMA/default.htm
    · Select Schedule an Exam
    · Select Country
    · Click on Next
    · Select I Agree
    · Enter in your full Authorization Number (for eg:1234567890-1) and the first 4 letters of the last name and select next
    · Search for seat availability, select date and time
    · Confirm your appointment
    · You will receive a confirmation from Prometric with the exam appointment details.
    ( the end of the reply)
    Do they mean that i don’t contact IMA directly as i’m out of US?

    Thank you!
    Regards,
    Ahmed

  25. Ahmed says

    Hi Stephanie,

    Thanks a lot for your quick response, and i would like to ask again about the supervisor, do you mean the supervisor at the company i work for or supervisor from IMA itself ?
    And regarding the experience certificate i will send it as a scanned copy of a letter on company documents to certify my job description translated to English ?

    Thank you!
    Regards,
    Ahmed

    • Stephanie Ng says

      Hi Lucy,
      Should be ok as long as the experience is relevant and consecutive. Please contact IMA to check whether your specific experience is acceptable. Regards, Stephanie

    • Stephanie Ng says

      Hi Sushmitha,
      I got the approval almost right away. Unless there is anything special, it should be the same for you and after the approval you can schedule the exam. Not recommended, but pretty much the next day if you are in a rush for some reason. Stephanie

  26. Rejo says

    Hi Stephanie,

    I am a graphic designer for 3 years,but I am planing to change my career in finance.
    I am pursuing my bachelor degree in BBA (3 years) as correspondence from an accredited university in India. Now I am in second year.

    1) I would like to know whether I can sit for CMA exam before completing the degree, if yes
    2)Do I need to show any proof that I am pursuing for a degree?
    3)Can I have the privilege of student membership (I’m 25 year old ) ?
    4)It is said that CMA needs 2 years experience to certify, so if I need to show the CMA passed proof to an employer ,what can be used instead of certificate?

    • Stephanie Ng says

      Hi Rejo,
      Thanks for your note. Let’s see…
      1. Yes, and there is a student discount for exam fees etc. For details please check out http://ipassthecmaexam.com/cma-exam-fees/
      2. Yes, not too sure but transcript / marksheets should be fine.
      3. Yes. Please check the link for details.
      4. Usually you can say you pass the CMA exam in the resume and then elaborate in interviews. If you really need a proof, a screen shot of your system can do, but I doubt if interviewers will ask for it.

      Regards
      Stephanie

  27. Kaisar says

    Hi Stephanie!

    I’m from Bangladesh. I’ve completed BBA & MBA degree, major in Accounting & Information Systems. And have been working in a Bank for the last 2 & a half years. I’ve worked in Trade finance and Credit Department but these areas don’t have much to offer in terms of what professional accountants are supposed to do. Do you think this job experience of mine will be taken into account?

  28. ryan justin says

    Hi Stephanie,

    I try to locate the testing center here in riyadh but i cannot see in the prometric website.

    br,

    ryan

    • Stephanie Ng says

      Sometimes the website doesn’t work. After trying for the second time I got these two addresses:

      Prometric, Al-Walaan Building, Makkah Road
      Crosses Takhassusi Road, 2nd Floor
      RIYADH (MEN) ONLY

      NEW HORIZONS CLC
      OLIAYA MAIN STREET, Behind Jarir Bookstore
      RIYADH WOMEN ONLY

    • Stephanie Ng says

      Hi Ryan,
      Have you set up an account at the IMA yet? You’ll need to do that and then ask your school to mail the official transcript to the IMA (the address is provided in your profile page). 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. Regards, Stephanie

      • ryan justin says

        hi stefanie,

        i did not yet set up an account in IMA because our school is not in the list.
        please kindly give suggestion or alternatives what should i do.
        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.

        br,
        ryan

        • Stephanie Ng says

          Hi Ryan,
          This is generally not an issue but you’ll need to take an extra step, that is, to get a credential evaluation report. I believe any evaluation agencies that are members of the NACES is ok, but please double check with the IMA. They can be reached at ima@imanet.org.

          Regards, Stephanie

  29. jyoti says

    Hi Stephanie,

    i have done b.com and mba finance from india and working for 2 years in banking sector as officer. will i be qualified for appearing in cma and will this experience be considerable.

    • Stephanie Ng says

      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. Regards, Stephanie

  30. Kaisar says

    Hi Stephanie!

    I’m from Bangladesh. I’ve completed BBA & MBA degree, major in Accounting & Information Systems. And have been working in a Bank for the last 2 & a half years. I’ve worked in Trade finance and Credit Department but these areas don’t have much to offer in terms of what professional accountants are supposed to do. Do you think this job experience of mine will be taken into account?

    • Stephanie Ng says

      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. They can be reached at ima@imanet.org. Hope to hear good news from you! Stephanie

  31. Sanjay says

    Hello Steph,

    If i have a CMA INDIA qualified certificate, will i be able to take membership with the US CMA? If yes, how can i get a job in the US? Is US CMA certified people considered there for good jobs? I mean CPA is more prominent in the US, so in that case will the US CMA catch with the pace?
    Thank you in advance.

    • Stephanie Ng says

      Hi Sanjay, I understand that the mutual agreement between ICAI and IMA is applicable for those who pursue the CMA program outside of India. 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. So you can imagine it’s quite tough to get a US job when you are not in the country.

      I do have friends who get hired by US firms from other countries, but they are typically quite senior or have special skills.

      I agree that CPA is a lot more popular in the US in terms of the number of AICPA members vs IMA members, but CPA has a much higher barrier of entry. You can take a look at the CPA educational requirements here: http://ipassthecpaexam.com/cpa-educational-requirements/

      Regards, stephanie

  32. Juna says

    Hi….I am a bcom graduate from India with no experience ….currently I am staying in USA in h4 visa can you please tell me what is required to appear for the CMA exam from USA……do I need to be TOEFL qualified…..what documents do I need to submit…..do I need to have a student visa

    • Stephanie Ng says

      Hi Juna, the CMA exam welcomes candidates from around the world. Therefore, no TOEFL, visa etc is necessary. As long as you have a bachelor degree (which you have), you can sit for the exam. In order to get the CMA certification, however, you’ll need to accumulate 2 consecutive years of experience. 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 you don’t foresee yourself able to work within 5 years, it’s better to take the exam later because you’ll need to get your experience done within 7 years after taking the exam (previous experience has no limits). Hope it helps! Stephanie

  33. govind says

    hi stephanie,
    i m govind . i m a ca final student from india .i have the requisite edu qualificatons for cma( i.e a degree from a ima recognised university) but am bit confused about the work experience requirements. like if you are working in accounts section of a manufacturing concern will that be considered as relevant experience. Can you list out a few companies where one can work to gain the experience?
    THANKS AND REGARDS.

    • Stephanie Ng says

      Hi Govind,
      That’s good to know. 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. Hope it helps! Stephanie

  34. redboy says

    Dear Ms. Stephanie:

    I want to ask about my dilemma regarding the “Educational Requirement” criteria needed to sit for the CMA examination. I am a graduate of the following schools:

    1. Bachelor of Science in Accountancy from La Consolacion College Tanauan; and
    2. Master in Business Administration from the National College of Business and Arts.

    I have checked in the website that was provided in IMA.net (http://univ.cc/world.php) and I found out that both of those schools are not included in the “accredited” schools. 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?

  35. Rafay Mohiuddin Mohammed says

    Hello Ms. Stephanie,

    I am a student of B.com- Honors (3rd & final year). After my graduation, I would directly like to pursue C.M.A (U.S.A). Could you please clarify my doubts below :

    1. Can I directly pursue C.M.A in the U.S ?
    2. Is my degree (B.com- Honors) enough to achieve the passing percentage of the C.M.A examination ?

    Thank You.

    • Stephanie Ng says

      Hi Rafay,
      Thanks for your note. Let’s see…
      1. Yes you can schedule to take the exam in a US test center, but it doesn’t give you any advantage in terms of passing the exam or getting a job in the US.

      2. 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. You can check them out here: http://ipassthecmaexam.com/cma-review-course/

  36. mi says

    Hi Stephanie..im working here at Singapore and willing to take CMA but I cant find school for CMA but they have CIMA.
    Appreciate if you can differentiate CMA and CIMA. Is there any school for CMA here in Singapore.
    If I will take CMA, how many exemptions will be credited if I take ACCA in the future or vise versa.
    Thanks in advance.

  37. yash chandak says

    hey,, I am CA from India and I want to know if I can get any exemptions in giving cma exam or even in 2 years working experience.. plzz let me know…

  38. alr says

    Hi steph,

    im not from a finance background though ive done cima partly. is it possible to get through these exams or is it too hard? can i do self study and where can i get the study material.Can you learn the basics from those particular texts?

    • Stephanie Ng says

      Hi Alr,
      The content is quite a bit similar to CIMA according to my readers (I’ve never taken CIMA myself), but the format is different as they are no case studies. Depending which type of test taker you are, it could be harder or easier. For example, if you are better at multiple choice questions, then US CMA exam is definitely for you.

      Self-study is no problem at all as most candidates take online courses at home these days. Afterall, the exam itself is 100% computerized so it is good to familiar yourself with the same testing environment. There are a healthy choice of good review course providers and I list their pros and cons on this page: http://ipassthecmaexam.com/cma-review-course/

      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. Hope it helps!

  39. YIJIE YUE says

    HI, Stephanie
    I am international student, I plan to take the CMA test in America, and apply to internship in China.

    I want to know does the working experience count.

    • Stephanie Ng says

      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. IMA is global-minded and CMA (US) is in fact well recognized in China. Cheers, Stephanie

  40. Rizwan says

    HI, Stephanie,

    I am an ACCA affiliate but not yet full member, As i have to fulfil ACCA requirement i.e. Experience. I want to purse CMA as well. Can i take CMA exams before becoming an ACCA member? I have no other Bachelor Degree.

    • Stephanie Ng says

      Hi Rizwan, my understanding is that you need to be a full ACCA member to get qualified for the CMA exam. Since you don’t have a bachelor degree, please wait till you complete the ACCA experience requirement. You should be able to use the same experience to fulfill the CMA experience requirement, so no time is wasted here, no worries.

  41. Salma A says

    Hi Stephanie

    Do you know if there’s any way to get an extension to the 7 year period? I expext to complete my experience requirements just a few weeks after my deadline. Unfortunately I couldn’t find a relevant job early enough.

  42. Kameswari says

    HI,

    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 ?

    • Stephanie Ng says

      Hi Kameswari, yes! no problem at all because this is a global certification. 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.

  43. says

    Hi Stephanie,

    I have completed my B.Com from india and i have done my Executive master of business administration as well.

    I have totally 5 years of work experience as below

    1 year in audit firm
    1.5 years in bank
    3.5 years in Wipro.
    i am currently working in bahrain since dec 2014.

    KIndly advise how to register For Cma as well procedure to pursue CMA .

    Whether my work experience in Corporate is considered plus Kindly advise procedures to register for CMA.

    Regards
    Vishvanath Vijayakumar

    • Stephanie Ng says

      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).

      You can start by visiting this page: http://ipassthecmaexam.com/how-to-become-a-cma/

      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.

      Regards, Stephanie

      • says

        Hi Stephanie,

        Thanks for the response,

        Kindly confirm whether IMA membership fees of us$240 plus exam part each @US$395 is the amount to be paid.

        Right now I am in baharin, is that possible through my salary account to pay for proceedings.

        Once i clear my CMA, will i get ACCA and ICAi Certificate?

        Regards
        Vishvanath Vijayakumar

        • Stephanie Ng says

          Hello, you need to pay (1) $220 membership fee + (2) $240 exam entrance fee + (3) $395 x 2 for the two-part exams.
          Please find the details on this page: http://ipassthecmaexam.com/cma-exam-fees/

          On paying through your salary account, please arrange it with your HR department. I haven’t heard of candidates doing that though.

          No you won’t get your ACCA, but the registration is easier if you are a full ACCA member. For ICAI, please check with the Insitute directly on the procedure. Regards, Stephanie

  44. says

    Hi Stephanie,

    Kindly help me to proceed for registration since i am not clear with the registration process.

    1. Is that both IMA membership as well CMA entrance fee( non refundable) is mandatory.

    2. is that we need to register two parts at time of registration of IMA and CMA entrance.

    3. Is that possible to pay the fees by Debit card from Bahrain bank since i am working here.

    Looking forward for your response.

    Regards
    Vishvanath Vijayakumar

    • Stephanie Ng says

      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.
      3. I am not sure — please check with IMA directly. You can either call or email them.

      Regards
      Stephanie

  45. Nivedhitha says

    Hey Stephanie! :)
    First of all, terrific work with this site. I’m so glad I stumbled upon it; it helped me get most of my doubts cleared. However, I still have a few more..

    I’m a B.Com. grad from India (2013 passout) and currently pursuing my final year of M.Com. My university is on the list so I guess that wouldn’t be a problem.

    1. Is it possible to juggle the CMA coursework and my college coursework simultaneously? I’m a person who’s fine with working pretty hard, but is it practically doable without completely draining myself out?

    2. Is it fine if I pay the student membership fee since I haven’t started working yet?

    3. Which documents do I need to submit as my transcripts and how do I send them to the IMA?

    4. I plan to work in India for a couple of years and then move to the US, so will my CMA certification help me out significantly in India as much as it would in the US?

    5. Is it okay to work with a bank while preparing for my CMA exams? (This isn’t about the experience requirement; it’s just to check if the work load will be manageable!) If I do, should I pay the young professional entrance fee?

    • Stephanie Ng says

      Hello!
      Here are my answers to your questions:
      1. Shouldn’t be a problem. 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.

      2. Yes. It’s not based on when you start work actually; but on whether you are still at school.

      3. Transcripts and marksheets should be sent directly from your school. If it’s an issue to get this arranged, please check with IMA directly. They are usually quite accommodating.

      4. Probably not significantly to be honest. I actually think there isn’t too much help (at this stage at least) if you are to work in a small local company; but if you prefer to work in big multinational companies in India, it adds value.

      5. Sure. If you work as an accountant or with some financial analysis, the experience from a bank should count. You won’t be qualified for the young professional discount though because it’s applicable only to North American residents.

      Regards
      Stephanie

  46. RAJAKUMAR says

    Dear Sir

    I am completed M.Com, MBA Finance, ACS Inter , can you tell me now I can do this CMA Course, is it correct or not
    Rajkumar

  47. Natalie says

    Hi
    I am ACCA fully qualified.
    Is eligibility to sit CMA exams is my only benifit from the memebership ?
    Are any exepmtions for examination papers possilbe ?
    thank you

    • Stephanie Ng says

      Hi Natalie,
      There might be other fringe benefits such as access to some publications… but in terms of tangible benefits e.g. exemptions of the exam, I am afraid the eligibility is the only thing right now. There were full exemptions for the exams for ACCA members back in 2013 for a few months, but they decided to scrap it (due to potential abuse I heard). Regards, Stephanie

  48. Srini says

    I have qualification BA (CS), M.com, MFM, MBA(Banking & Finance) & MPhil and My total experience around 25 years in Finance area Based on my experience and qualification I am eligible for getting CMA certification or any other Membership.

    My regular College Studies BA(CS) and M.com ( 5 Years) and all other distance mode in a Accredited University.

    Could you please confirm either my email

  49. Jiji says

    Hi,

    I am aleady a CPA and I really want to be a CMA. However, i want to do self-study first. Can you tell me where I can find CMA review materials?

    Thank you.

    Jiji

  50. Roshan naik says

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

  51. Raghavi says

    Hi Stephanie,

    I have a small query. You have mentioned that experience may be prior to taking the exams. But can I consider the experience that I have gained for ACCA? (i.e. experience gained even before registering for CMA)

    Thanks a lot.

    • Stephanie Ng says

      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. Good luck! Stephanie

  52. Williyars says

    Hi Stephanie,
    I completed my B.com graduation in India and planning for CMA, I would like to know what is the scope for CMA(US) in India. Thank you

  53. oppatil says

    Hi Stephanie,
    I am studying engineering in India but I am interested in persuing CMA.
    Can I give CMA exam while studying?
    Thank you.

    • Stephanie Ng says

      Yes you can Oppatil. In fact they don’t have restrictions on which major you are in, and also students can enjoy discounts in IMA membership and exam fees.

      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. Also, once you become a CMA, need to pay annual fee and take CPE courses to keep it active. Hope it helps!

  54. Waleed GaMal says

    Hi Stephanie,

    i just want to know what is the difference between : Professional Membership and student membership , i have graduated from college this month , what membership should i pursue?

    thanks in advance :)

    • Stephanie Ng says

      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. Regards, Stephanie

  55. Rrahul says

    Hi, I WANT to know about work experience for cma usa a i have worked with .any comapnies and left within 3 months every co. So idont have exp. Certificate from them.please help and suggest.

    • Stephanie Ng says

      Hi Rrahul, it’s ok to switch jobs during the two years you accumulate the experience, but you do need to get the respective supervisors’ signatures in the experience verification form. Stephanie

  56. ruchi says

    Hiii
    Recently I completed my 12. I really confuse CMA vs CWA which one is best in India so plz help me for my future

  57. mafl says

    hello stephanie,

    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? is it possible ? or do they have some certain requirements? thank you very much ..

    • Stephanie Ng says

      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. take the exam (can do now)
      2. accumulate experience (2 years after graduation)
      3. obtain the certification

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