CMA Review Course Comparison: Which is the Best Study Materials?

Here is my analysis on the pros and cons of the CMA review courses based on readers’ experience and comments from participants in major accounting forums.

Let Me Find the Best CMA Review Course for You!

I don’t believe in people who say their study materials are the absolute best, because different courses suit candidates with different background and learning style. I am however confident that you will find one that suit you the best here.

gleim_cma_review1-exammatrix-cma-review-courseexam matrix cma Hock CMALambers CMA
IMA Licensed / Strategic Partnersmallticksmallticksmallcrosssmallcrosssmallcross
Video/Audio-Visualsmallticksmallcrosssmallcrosssmallticksmallcross
Test Prep Software5-star4-star5-star4-star n/a
# Practice Questions 2,900+ 1,850+ 2,400+ 2,245 n/a
Performance Trackingsmallticksmallticksmallticksmallticksmallcross
Audio Reviewsmallticksmallcrosssmallcrosssmallticksmallcross
Customer Service Personal Counselor +
Online forum
 Technical
support only
Technical
support only
 Online forumTechnical
support only
Free Trialsmallticksmallcrosssmallcrosssmallcrosssmallcross
Access Time-limit18 months
or until you pass*
12 or 24 monthsn/a (CD format)Unlimited12 months
Money-Back Guarantee*smallticksmallcrosssmalltick Re-registration
Guarantee
smallcross
Pricing (2-parts)$666 (w coupon)$999 (w coupon)$695$750 or $1,100**$595
Pricing (single-part)$382 (w coupon)$689 (w coupon)$379$425 or $600**n/a
Pass rate (unverified)n/an/a>80%~60%n/a
Recommendation
& Analysis
gleim-button2wiley-cmaexcel-button2Exammatrix CMA review courseHock CMA reviewLambers CMA review

* Conditions apply. Please check with the respective providers for details.
** Depends if customers select the “live with Brian” and re-registration guarantee.

Detailed CMA Review Course Comparison

Gleim CMA

Gleim is one of the most popular CMA review courses available and is especially preferred by those who study on their own.

Pros

  • Very established; one of the earliest providers of CMA review course (as well as for CPA, CIA and EA).
  • The Gleim CMA Review System offers an integrated learning approach with audio-visual presentation, test prep software in both various modes, audio review, text books, essay wizard and an online study tracking system called Gleim online.
  • Most comprehensive practice questions with exam mode that closely simulate the real exam you will encounter at the prometric center
  • The free trial for one study unit and money-back guarantee is very attractive.
  • One of the most affordable integrated review courses in the market.

Cons

  • If you have no accounting background, it may be tough to follow (but if you have basic knowledge in accounting e.g. taken one or two introductory classes it should be fine)
  • Not all audio visual presentations are converted to the new video course format.

Recommendation

If you have some accounting background and are the type of candidates who learn from practice i.e. doing lots of practice questions, I have no doubt that Gleim is the best for you.

Wiley CMAexcel (CMA Learning System)

This is also commonly known as the “IMA study materials” in the CMA community. IMA recently partnered with John Wiley & Sons (publisher of #1 CPA exam review books) to co-brand and promote CMALS and the first Wiley CMA Exam Review was published in November 2012.

Pros

  • The notes are clear, precise and easy to read.
  • I feel like the authors really want to teach (versus just want you to pass) through the book, and I actually quite enjoy reading most of the sections.

Cons

  • This is not a weakness but a common misconception: Note that while this is an official IMA endorsed material, the authors do not have any access to the exam questions and therefore there is no advantage of getting these study materials vs the others.
  • The practice questions in the test bank are not as complex and comprehensive. I personally prefer tougher practice questions to get me fully prepared for the exam.
  • It’s one of the most expensive options.

Recommendations

The text books are easy to read and are organized. Strictly in terms of learning experience, I actually prefer Wiley to Gleim and Hock (although a few of my readers like Hock better). In terms of test prep software, we all think Gleim give us more comfort to pass the exam.

Exammatrix CMA Review Course

Exammatrix is an accounting test prep developer that prides itself on a unique offering — a software that learns from your answer.

Pros

  • The “adaptive learning technology” that analyses your weakest areas based on the performance of each study session has a lot of potential.
  • There is a money-back guarantee as long as you are a “good student” (parameters include how much time you spend on the questions, and % of questions done correctly at the end).

Cons

  • Most readers comment that the book is not as comprehensive.
  • Fewer features e.g. no video lecture, audio review and flash cards, although this is somewhat reflected in the lower price.

Conclusion

A good choice for those who know the exam content materials but need to a test prep software for exam preparation. It is also a great choice of supplement if you are looking for additional set of practice questions.

Hock CMA

People may not have heard about Hock outside of CMA review courses but they are quite popular among non-US candidates.

Pros

  • Great notes that explain the concepts well with classroom recordings.

Cons

  • Practice questions are good but coverage is not as wide as Gleim’s.
  • While I appreciate the honesty, the stated 60% pass rate of Hock student is quite low in my opinion.
  • One of the more expensive CMA review courses.

Recommendations

If you need more explanations on the concepts behind the topics covered in the CMA exam, but find Wiley too expensive, Hock could be a good alternative. If you need more practice questions, you can get Gleim or Exammatrix as supplement.

Lambers CMA Review Course

Lambers CMA review course have been around for a long time with broad experience providing review courses for CPA, CFA, CMA, CIA and EA. They offer audio course, flashcards and test prep software for both Part 1 and Part 2.

Pros

  • Lambers’ products are “born out of classroom”, meaning that the materials are prepared by by professors who are actively teaching i.e. someone who understand the needs of the candidates.
  • Least expensive.

Cons

  • The review materials is least expensive for a reason — there aren’t much to offer except for the test bank software, which you can get from ExamMatrix (with better adaptive capability) anyway.

Recommendations

If you would like to get a standalone flashcard, Lambers can be a good choice with reasonable price. However, for test prep software or overall package I would recommend Gleim instead.

Rigos CMA Review Course

Rigos offer a CMA review course but it is not a complete program.

Pros

  • Rigos is a professional test prep review provider with presence in many cities and countries.
  • Both live classes and self-study courses are available.

Cons

  • Rigos doesn’t get mentioned much among CMA candidates. Typically, a course gets mentioned and promoted by word-of-mouth if it’s good.
  • It runs on a franchise model — in my opinion the quality of the lecturers cannot be guaranteed.

You can get a more detailed evaluation of Rigos CMA Review here.

Other CMA Review Course Providers

There are other smaller-scale CMA review courses. They are likely not the best in my opinion, but I haven’t got enough feedback to write a review on them. If you have first-hand experience as a customer, please email me.

My Recommendations

Gleim CMA review courseGiven that this is mostly a computerized test, the thing that will make or break a review program is the multiple choice questions.

I believe most candidates would agree that Gleim CMA has the best test prep software, free trial, personal counselor support, reasonable pricing… all with the Gleim Guarantee. What do you think? Drop a note on my Gleim’s page and we can discuss.

Summary
Reviewer
Stephanie Ng
Review Date
Reviewed Item
CMA review course comparison
Author Rating
5

Comments

  1. Debi Glau-Richards says

    Hi Stephanie,

    I am currently unemployed(mostly in healthcare related audit and accounting/finance. I am fairly late in my career, but will still probably be working full time at least another 10+ years and part-time beyond. I would be interested in expanding my industry experience and/or working for a CPA firm. I am an IMA member and I am currently working on re-instating/re-activating my Colorado license and at least obtaining the general accounting level of the California license. I would also be interested in obtaining a CMA. I actually was a pilot tester years ago for IMA’s initial review course and I thought it was a good accounting review also. I am going to have to take a lot of CPE hours for my CPA licenses. Can you recommend one of the programs that would be a good CMA review and also give me CPE credits? Thank you for your help. Debi

    • StephanieStephanie says

      Hi Debi, thanks for your note and sorry to get back a bit late as I am trying to find out which CMA course is good for CPE credits. Here is my finding so far:

      Yes (i.e. counted): Rigos
      No: Gleim
      Still checking: Hock

      I haven’t heard from readers on how Rigos is for the CMA course. If you decide to take it I’d greatly appreciate if you can share with me the pros and cons in your opinion.

      Will post again when I hear from the other providers. Stephanie

  2. Stephanie says

    I really like the Becker program for my CPA study, now I’m wanting to do the CMA and I’m wondering which study material is the closest to the Becker program for CMA? Cos I really enjoy the video learning lecture and MC drilling study style.

  3. asif says

    am i eligible for CMA if do graduation from correspondence(distance education) from reputated university

      • Elie says

        Well , I think (but not sure ) that as long as it is an Accredited university , it doesn’t matter if done online or no .

  4. Stephanie says

    I am terrible at self-study and would like to do a classroom based CMA course but am an unable to find any…is there such a thing? I live in Denver.

  5. Fawzan Nagal says

    Hi Stephanie,

    I wanted to get you advice in regards to which GLEIM accounting package to select. I am bit confused as to what would be the best option to purchase. Should I get the complete review package or just the books. Can you please suggest.

    Thanks,

    Fawzan
    Toronto,ON

    • StephanieStephanie says

      Hi Fawzan, obviously the complete review package will be great with the integrated approach, if you don’t mind paying more. Another point is that the book is pretty intense and the Gleim Online within the Review System is aimed to help you pick what you need to study in the Gleim Book.

      Hope it helps? Stephanie

  6. Stephanie says

    Hi Maria,
    If it is only 2 days… I would just go over the practice questions I did wrong and make sure I get the correct answers, and possibly go through the subjects I find the toughest. Otherwise, relax and get enough sleep. I know it’s cliche but is very important.

    Best of luck, and let us know how it goes! Stephanie

  7. Davith P. Nueva says

    I am an CPA in Philippines and I am an aspirant CMA. I would just like to know the requirements needed, for review and for the exam, fees, and other necessary requisites.

    Thank You.

  8. Anwar says

    Hi Stephanie
    I am a semi-qualified management accountant (India) having thourough accounting and reporting background. Which one should I buy? which one is affordable and more suitable for me?
    Thanks in advance
    Anwar

  9. Abdalla says

    when i started my studing of CMA, i used Hock material, and it was very objective specially for the beginners and then i turned to IMA materials and Gleim. In my view, i think Gliem is outperforming the others.

  10. Mathew says

    I have registered for the two part online CMA review course offered by Boston University. The exam that I took after the part 1 course was not successful (290).I have felt that the course help you to manage the studies within a time frame but not that indepth. They have send me the link to take the part 2 and I’m undecided whether to take it or reattempt part 1. Can you please let me know whether you have any feedback on the online CMA course offerred by Boston University.
    Thank you Stephanie.

    • StephanieStephanie says

      Hi Matthew, no, haven’t heard anything on their course but it does not mean the course is not good. Let me do some research and get back to you. Stay motivated and get pass in the next attempt! Stephanie

      • Jason Daigle says

        Any new information on Boston University’s program? I currently have Gleim and was wondering if this would be good course to go along with it?

        • Stephanie Ng says

          Hi Jason,
          Boston U is different in a way that they have a lecturer guiding you along the way, using Wiley (i.e. CMALS) books. If you need help in explaining the concepts then it could be useful. It is understandably more expensive.

          Since it uses Wiley I don’t think it’s a good idea to go with Gleim… too much confusion using two systems. There are guided review using Gleim books. If you need them let me know and I can dig it out for you. You should be able to find the list on Gleim’s website as well: http://ipassthecpaexam.com/gleim-cma/

          Let me know if you need more info! Stephanie

  11. Deevis says

    Hello, Stephanie!

    I’m just trying to get a better understanding of the article, so the HOCK is good to use for the in depth explanation of the information used and Gleim is good to use for the software as far as quizzing and drilling oneself? Correct? I’m currently interested in receiving the CMA cert and I wanted to make sure that I have the best information as possible in order to pass both parts on the first attempt. I’m looking to start studying at the first of the new year and have both parts completed by the end of October. Do you think that is realisitic? And, one more question, who has the best study plan to follow?

    Thank you, Stephanie, in advance for all of your assistance.

    Deevis

    • StephanieStephanie says

      Hi Deevis,
      Yes you have pretty much summarized the pros and cons I would say. In terms of which is “better”, it will then depend on your study style. In terms of the time frame, yes I think it is pretty realistic as long as you can set aside the time for the studying.

      For study plan… I believe both Hock and Gleim has study plans. It is best to follow whichever course you decide to get at the end. Good luck! Stephanie

  12. Rob S says

    I am very confuse with this CMA i apear two times for exam and both the times i get disappointed the first time 52% and the second time 69% and now i got one year gap shit hmmp i am confuse now to restart again i study gleim and ICMA books of IMA and online practice test i study almost 6 hours daily till date of exam but even though getting fail dont know what to do ……. Rob S

    • StephanieStephanie says

      Hi Rob, looks like you should have got the concepts (or it would bore you to death if you take another look). Maybe this time you can just focus on working on the practice questions, then rework on the ones you did wrong the first time? This tactics seem to have worked for most of my readers on the CPA exam. Stephanie

  13. Sandy says

    Hi,

    I am planning to take up CMA , can you please let me know which is the best among these Gleim, Hock, Morgans or CMALS

    Thanks,
    sandy

    • StephanieStephanie says

      I typically recommend either Gleim or Hock depending on your study style, but then Wiley is coming up with a new product for CMALS. Given that Wiley is #1 seller in the CPA review books and test bank (test prep software), I plan to look closely into that. You may want to take a look as well in the meantime. Will try to write up a review as soon as I can. Stephanie

  14. Sabra Olivieri says

    Hello Stephanie,

    Have you had an opportunity to review the Wiley CMA materials? I would be interested in your feedback, and any comparisons to Gleim, etc.

    Thank you

  15. Pierre kassar says

    Hello i would like to ask your opinion about Wiley books of CMA 2013 i just started with Morgan Int’l my CMA and am eager to get my CMA .

    one more question if i started to attend the 2 parts courses and both courses will finish on the 1st of July is it better to attend for both parts in september and October 2013 ? or part I September 2013 & Part II January 2013 ? thank you

    • StephanieStephanie says

      Hi Pierre,
      Wiley is actually sending me a copy of their 2013 CMA review books. Once I get them I will be able to take a quick look and let you know.
      On the courses, I’d recommend that you take the exam ASAP after the course. So taking it it Sep and Oct is a good idea. You can also save $100 by taking both parts within the same window. January 2014 sounds a bit far away and you might need to restudy some of the materials again.

      Hope it helps! Stephanie

  16. raju says

    Dear concern, i am an MBA graduate and working in a company as a Financial Research Analyst since 3 years. am looking forward to pursue any accoutning course for better growth and pay. I reviewd CPA now trying to know CMA, so my question which one will you recommend me to pursue(must be able to complete in 1 year)

  17. Muhammad Zubair says

    Hi. I have completed my CIA and working in an audit firm from the last 10 months.
    I want to continue my studies further. Please suggest, cma or frm, which one would be beneficial for me and how? if I wanted to work in middle east.
    Secondly what is the starting pay for fresh qualified cma in middle east specially UAE or KSA

  18. Deevis says

    Hello, Stephanie!

    I have another question. I am currently trying to complete my Bachelor degree and I work full time at college in the Accounting department accepting Account Receivables. I have worked here for 10 years this upcoming October and I wanted to know if the CMA cert is the best one to go for and if my work experience would be sufficient enough for the work experience portion of the CMA cert since I’m hoping to work for a government agency one day?

    • StephanieStephanie says

      Hi Deevis, if you work in an accounting department, the CPA qualification is probably more appropriate, and if you work under a CPA then it would be ideal. You need 150 credit hours but it could be an issue (extra time/effort/money). CMA is good too but I don’t know if the people at government agency values it as much… CMA is best for companies especially with manufacturing capacities, but general business/corporations are pretty useful. Stephanie

  19. Diane M says

    Good Afternoon to all,

    I will be taking the CMA soon and any advice and tips will be greatly appreciated! I am a bit nervous.

    Ive been using the new Wiley books and find them ok, I have considered Gleim.

    • StephanieStephanie says

      Hi Diane,
      That’s great! Wiley is kind enough to have sent me a set of their CMA books. I haven’t got the time to review them but on first look they are pretty good. If you need some test prep software, can still consider Gleim… Best of luck to your exam! Stephanie

  20. Tasdeeq ahmad says

    I am from india and want to cma i have completed m.com. can i get job in india and what is the fee sructure in india?

  21. Gordon says

    Hi Stephanie,
    I am glad I found your website. I failed CMA 3 times with scores 300, 350, 340. for part 1. I used Gleim but I felt like the test prep questions took longer time to solve than the actual exam and in the actual exam I saw more conceptual problems that tests your knowledge without using calculator. exmpl. If you increase denominator but reduce numarator what happens to ….
    I also saw I did not do well on essay section as Gleim really does not explain calculation steps very well.
    Do you recommend Hock as a study guide for me?

    • StephanieStephanie says

      Hi Gordon,
      Hock is useful if you need to understand the concepts a little bit more. It sounds as if you need to get more practice on the computational type of questions. If this is the case I am not too sure whether Hock is the best in your situation… obviously I might not be interpreting your questions correctly so please get it if you think it is useful for you.

      If you think I am right that you need more computation practice questions you can try out the offerings by Rigos or Exammatrix. I believe they offer questions without the text book which would be a more affordable investment.

      Have you read my writeup for CMA exam retakers? This is my attempt to help retakers evaluate what they can do better in the next attempt. You can so close to passing, so I would think a small improvement would bring you over the passing mark. Here is the article — hope it helps!
      http://ipassthecmaexam.com/fail-to-pass-the-cma-exam/

      Stephanie

  22. Manoj says

    Hi
    I am new to this group and want to join CMA course. I have 8 years of experience in Accounting and no specific exposure in MA or FM.
    I want detailed explanation of topics as i attained the age of 37.
    Which course should i opt to qualify ?
    Your suggestion most welcome.

    • Stephanie says

      Hi Manoj,
      Thanks for your note. Gleim probably has the most detailed text — to the extent that some candidates find it a bit overwhelming. Hock seems to be easier for people to understand but the flip side is that it is not as comprehensive. I haven’t looked into Wiley/CMALS in goo enough detail to comment, but from readers’ feedback the book is user-friendly and well-organized, but the course materials may slightly underprepare candidates.

      You will likely need to put some time on studying cost accounting but your background in general accounting should help a lot. Hope it helps, Stephanie

  23. Elie says

    Dears ,
    I am Elie from Beirut – Lebanon , i will be sitting for my CMA exam P1 in October. If you would like to share our CMA studying experience and communicate regarding CMA topics, please do not hesitate to contact me via mobile ( 70 468 460 ) or email ( elieselfany@hotmail.com) .

  24. Abdu says

    Hi Stephanie,

    I have about 7-8 weeks before I attempt CMA part 1. I am just about done with the 1st section. My study material is Wiley. I am hoping you’ve had the chance to go through CMA Wiley 2013. Please do let me know if it is sufficient enough to do just fine in the exam. To help you advise me better, I have basic accounting knowledge(BS in Finance & Eco) and I have taken a course in Cost Acc. in university…
    Thanks in advance for your great help and tips!

    • StephanieStephanie says

      Hello Abdu, I plan to take a good look today – will post again once I have done that. Cheers, Stephanie

  25. Jo says

    Hi,
    I’ve enrolled for CMA two days back. I’ve a Bachelor’s degree in commerce with a Post Graduation in Computer Science. Does the IMA provide any study materials or should I go for some other study resources mentioned here. Also I find others not affordable.

    • Stephanie Ng says

      Hi Jo, IMA does have an officially endorsed study materials and they are distributed by Wiley starting from the 2013 version.

      Having said that, it doesn’t give you an advantage for the CMA exam because the CMA exam administrator is a separate entity and this entity does not endorse any particular study materials.

      The most affordable is likely Gleim if you are to get the integrated review course… if budget is a big consideration, try borrowing the text books from the library and invest only on the test preparation software. Hope it helps! Stephanie

  26. Karthik says

    Hi Stephanie,

    Thanks for writing in detail about CMA course. I am from India and want to pursue CMA. Should I go for a class room training or Study materials like Gleim will help to clear the exams? I have basic knowledge of Financial and Cost Accounting.
    Your suggestion would be of great help. Thanks!

    • Stephanie Ng says

      Hi Karthik,
      You can go for any format you feel the most comfortable of. I personally like self-study because it saves a lot of time from commuting and I can pace myself e.g. study more when I am in a more “efficient” mood. But this requires more self-discipline/motivation on your part :) Stephanie

  27. Binoy Chacko says

    Hi Stephane,

    I am binoy,currently working in middle east.I have done my Masters in Mathematics and MBA in financial Management.I have been working in FMCG industry for last 15 years as finance Manager.I am interested in doing CMA course .Will CMA add value to my career and what is the percentage of pass rate if I do self study.

    Thanks for your advise

  28. Familio says

    I am thinking to start preparation for CMA soon. do you think is it possible to pay only for Entrance fee and membership fee later?
    I am also finishing my MBA degree soon (in a one month) in Germany is it possible to get student fee?

    • Stephanie Ng says

      Hi Familio,
      Yes. If you are comfortable that you can qualify for the exam (i.e. have a bachelor degree), then it is actually a good idea to try studying first. You may see from some comments here and there throughout my site that readers are worried about the 3-year deadline. If you start studying first before the registration process you won’t have this problem, at least for the first part of the exam. The whole registration + fee paying process takes less than half an hour, nothing to worry about. Stephanie

  29. Mu says

    hi stephanie.
    i found your wb today only when i was looking for the pass rates from the search engine. What a great effort! For sure i’ll be one of your regular readers.
    i sat for the CMA exam Part 1 in June session after a two month preparation period using Gleim self preparation pack, unfortunately i only got 330 and now i want to start my review to sit for the re-take in Oct session.
    i want to share with you my experience with Gleim”:
    - i am not a native English speaker (Arab) but having 15 years + experience as management accountant made me comfortable with Gleim approach. I felt that it is the best for me, it is very concise and to the point.
    - Questions practice and “learning from answering questions”technique was very much enjoyable for me and despite my short preparation time i was close to pass from my first attempt.
    - the bad thing about Gleim is their personal counselor. It is merely a marketing propaganda with no real help that they provide to you. They give you a lot of attention and contact you very frequently when you are a potential customer. but as soon as you get-in they will hardly respond to your mails with late useless responses.
    - Although i like it so much; i am not sure i’ll go for it again – just because i am not happy with their “Personal counselors”. If i pass this time i’ll try to find another provider for part 2.

    • Stephanie Ng says

      Thanks for your feedback Mu. I will forward your note to Gleim on the point of personal counselor. Thanks Manoj for the suggestion; I also heard good things about Hock as mentioned above. Otherwise, since you are so close of passing, maybe (for your Part 1 at least) what you need is a little bit more study time to consolidate what you have learned, and more practice using the online test prep software? Also, working on incorrect questions a few times (not just once, but many times for the concept to sink in) work very well for me. Hope it helps! Stephanie

    • says

      Hi Mu,

      My name is Monica and I am the marketing officer at Gleim. First, I’d like to thank you for sharing your feedback.

      I sincerely apologize that your experience with Gleim did not meet your expectations, and I will make sure to pass your feedback along to the rest of the management team, and of course, to Dr. Gleim.

      Our Personal Counselors are there to help with your studies. In fact, you can contact your Personal Counselor as much or as frequently as you like. Since our Personal Counselors do not want to overwhelm candidates with an abundance check-ins as we know you are very busy studying, we check in periodically, unless a candidate specifies otherwise. Meaning, you can tell a Personal Counselor you’d like weekly check-ins, and they will accommodate this request. You will have more interaction with a Personal Counselor in the beginning since they will work with you to set up a study plan. However, I’d like to stress that they are available anytime you need help. If you could please email me at gleimmarketing@gleim.com I’d like to look into what we could to do to make this situation right for you.

      Thank you Mu!

      Sincerely,

      Monica
      gleimmarketing@gleim.com

  30. Mu says

    Hi Manoj,
    Thanks for your note. i started with Hock for few days before i decide to go for Gleim.
    As stephanie said It is very detailed and works perfect when you have a weakness area that needs in-depth review. i think i’ll go for it to review the internal controls, i feel it is too concise in Gleim

  31. Mu says

    Hi Stephanie,
    Thank you for you response and for conveying my massage to Gleim.
    I have contacted Monica regarding my concerns on the personal counselors

  32. Juan Solares says

    Hi Stephanie,
    I started considering recently the CMA study materials but my main interest is not trying to pass the test for now, I am looking more into expanding my knowledge and practice in the topics covered in the CMA, since I recently switched careers into the Management Accounting & Finance so I am looking to reinforce my knowledge, but I found the free material on the internet or some textbooks I bought not exactly what I am looking for or lack practical approach, which is why I thought of the CMA study material might work best in my case because i would be able to apply the concepts. My questions are, do you think going through any of the study material you mention here might work best for me in my goal of mastering the concepts and topics of MA? Which one would you recommend me for my specific goals? from all the comments above I see Gleim is the best choice but I dont have a background in accounting or finance but i recently finished my MBA and took the basic courses in both field plus a couple of courses in advanced finance so I am familiar with the basics but Hock sounds also good for me since it goes more in depth mostly because I am not a native english speaker? and my last question is should I only purchase for example the textbooks of gleim and hock or do you think I should purchase the complete review system to get a better and complete learning experience based on my goals? what would be the best mix of products that you would recommend and from which brands? Thanks for your help

    • Stephanie Ng says

      Hi Juan,
      If your current purpose is to gain knowledge rather than passing the exam, then I think the IMA materials (i.e. Wiley) has the best resource. I actually quite enjoyed reading the book and feel like learning quite a bit in the areas covered. For Gleim, it’s effective for the exam but it’s strictly for that (i.e. not interesting read). Hock is not as “hard core” but pretty much designed solely for the purpose of CMA exam preparation.

      Just my thought. Hope it helps! Stephanie

  33. Khaled says

    Hey Stephanie,

    I really appreciate what you are doing. Its currently my last semester in university here in Canada and I am planning to do my CMA in the USA. However I am having a hard time choosing what course i should take as an accounting elective either auditing or taxation. Which one do you think is more useful?

    Thank you,

    • Stephanie Ng says

      Hi hkaled, you are most welcome! I guess for the purpose of the CMA exam, it is best done by going through the CMA review courses, because they cover just what you need and won’t waste your time. At school I would take whichever course you genuinely like, because after you graduate, you can’t afford the time to do that :) My 2 cents. Hope it helps! Stephanie

  34. Kats says

    Hi Stephanie- I am looking into taking the CMA …I have 15+ years of work experience in accounting, finance, cost manaement with a BS in accounting and MS in finance. I am not sure which prep material to choose for my study???. I was thinking of BU online prep but one of the comment did not sound favorable. I believe i read Wiley might be a good one as the IMA endorse it? Please advise on which course to take. I am contemplating to sit for the january/february exam ..if I stort now (sept) is that good enough time giveng my work and education background.
    Regards – Kats

    • Stephanie Ng says

      Hi Kats,
      I don’t know much about BU online prep but if you look for video instruction, this is one of the more popular ones there. I think BU online uses Wiley material anyway…

      So for Wiley/IMA, it is more like a self-study course. I personally really like the material, feel like I am learning something useful, but strictly for CMA exam preparation, it is a little bit “overboard”. I also don’t like the test prep questions as much. I am a big fan of learning through working (in this case, working on the practice questions) so that’s why I do think getting a good test prep software is important too.

      Anyway, you can always start with, say, Wiley/IMA and see how it goes first. Lots of people pass with this materials alone. Do note there is no advantage of using IMA materials for this IMA exam because the exam administrator (ICMA) doesn’t give “tips” so to speak to the rest of the team at IMA. Stephanie

  35. Rami says

    Hi
    I just graduated from my university. My major is Finance. I speak Arabic.I want to get CMA certification.Which is the best for me Gliem or Hock?

    • Stephanie Ng says

      Hi Rami, I personally like Gleim more, but a lot of international candidates use Hock. I encourage that you take a look at both demos (free for both Gleim and Hock) and see which ones suit your learning style better. If I can be helpful in giving you more specific recommendations, let me know. Cheers, Stephanie

  36. roger says

    Hi Stephanie

    I have completed Bach in commerce-finance and MBA in international business.

    Working for the past 3 yrs as an accountant.Would like to pursue either,cpa,,cima or cma.

    i am kind of weak in tax so pls advise accordingly
    Kindly advise.

    Roger

  37. Abhishek Krishna says

    Hi Stephanie,

    I am in India currently and planning to study for CMA. I have zeroed-in on HOCKS and BECKERS for the study material part. But I am not sure if I should sign up with the private tutoring companies which are offering CMA prep assistance and charging a huge sum. I am planning to take online classed only as I am ok with self study and dont feel the need to take classrom based coaching.

    So my question what are the pros and cons of studying directly with BECKERS/ HOCKS and private tutoring companies. One of these companies is offering BECKERS and other one is offering HOCKS.

    From this forum, i gather that I also have the option of taking up GLEIM at a better price and more services given the good reviews.

    Your thoughts are highly appreciated.

    Thanks
    Abhishek

    • Stephanie Ng says

      Hi Abhishek, I have partially answered your question in another post, but I would definitely NOT go for the company that offers Becker CMA, because, as far as I know, Becker has stopped offering CMA review courses since 2006 (Yes, 8 years ago!). Unless I misunderstand what they are offering, it sounds outright dishonest to offer becker materials for CMA exam.

      As for whether Hock is good, it does have its strengths as I highlighted above. If budget is a consideration, I would just go for either Hock self-study or Gleim self-study. My personal preference is Gleim (or Wiley) but looks like Gleim would be a better choice for you if I am to pick one course.

      Here is my view of whether to take the course in classroom setting or online:
      http://ipassthecmaexam.com/cma-prep-course-online-live-class/

  38. KRISHNA says

    SIr, Hi Passed the C.S and My education is BTECH, i am from india,What is the procedure for CMA, How long doe’s it take,and it’s benefits………Please give me suggestions.

    Thanks in Advane
    Krishna

  39. Venkat says

    Hi,
    I am 55 years old, with decades of banking experience. Can I take up the CMA exam? (I have studied Accounting and Commerce subjects to get CAIIB certification).
    Thanks!

  40. Vishwanath says

    Hii Stephanie,

    Thans for all the information, I need a your personal sugestion whether to attend first group or second group for exam ( jan and Fed 15)

    Kindly advice me

    Many thanks

    • Stephanie Ng says

      Hi Vishwanath,
      It doesn’t really matter. Most people seem to take Part 1 first, but you can also pick based on your existing knowledge. If you know cost accounting / strategic planner / internal control better, Part 1 covers more on this. Part 2 has more topics related to financial management, something similar to CFA Level 1. Regards, Stephanie

  41. bashar says

    hi i recently re allocated to usa
    currently unemployed and thinking of taking the CMA exam
    i have been trying to decide which material to go for
    wiley is not an options its too expensive
    so its either hock or Gleim
    its like 50-50 online reviews you ae into gleim
    i finished CFA using Kaplan but they dont issue CMA materials
    i like detailed well explained materials with good amount of questions to prepare
    going to give each part around 3 months before testing

    • Stephanie Ng says

      Hi Bashar, thanks for your note. As you can see from the above, Gleim is my personal favorite.

      But for a more objective comparison, Hock explains the concepts well, but Gleim has better practice test questions. Some people find Gleim’s notes too detailed but seems like this won’t be a problem for you. Hope it helps! Stephanie

    • Stephanie Ng says

      Hi AB, there aren’t a lot of CMA (US) in India from what I know. So this could mean that the certification is not as recognized. Having said that, if you plan to work in multinational companies especially those that headquarter in the US, then it is more relevant. Manufacturing companies especially value the CMA certification because of its emphasis on cost accounting and inventory management.

      You can also consider ICWAI which has a reciprocal agreement with CMA (US). More info here: http://ipassthecmaexam.com/cma-in-india/

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