Wiley CMA Review (also known as Wiley CMAexcel) is now a major player in the market after its taking over of IMA’s CMA Learning System. In 2014, Wiley launched a premium version as an integrated review course. Here are the difference between the two products.
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Two Products Under Wiley CMA Review: A Comparison
|Online Study Planner|
|CMA Learning System|
Let’s Take a Look at Wiley CPAexcel
Why the Premium Wiley CPA Review Deserves My Recommendation
I like both offers, but prefer the full course. Here are my 3 reasons:
1. Effective Bite-size Video Lectures
One of the features that stands out is the quality of the video lectures. There are 21 hours of exam content covered by Professor Doug Clinton. He is one of the best management accounting teachers I’ve seen — knowledgeable, lively, speaks clearly and to the point.
Professor Clinton has been in active teaching for more than 15 years. He is the Senior Content Advisor to the IMA’s Research Centre of Excellence, and member of the ICMA Board of Regents (regulators of the CMA exam).
In terms of the structure of the videos, they are filmed in bite-size, meaning short, precise presentations with the most important information on that particular topic. You can easily watch the video during commute or lunch.
2. Free Trial + Free Updates Until You Pass Guarantee
When publishers are confident of their products, they offer free trials and updates, and CMAexcel is no exception. There is a button at the bottom of this page that points you to a free trial offer — it’s a limited access 2-week experience that you can take full advantage of before committing to the course.
Having an opportunity to try it out on your own is better than any third-party evaluations (that’s right, including this review!)
3. Popular Online Study Planner to Keep You on Track (and Stress-Free)
Wiley CMA Review uses the same infrastructure as the popular and proven CPAexcel review course. The study planner is interactive and can be highly customized to your own schedule. Then, there are email notification to remind you of the studies and any weaker areas that you may have.
There are also various performance tracking tools within the course itself. For example, once you watched the lecture and try out the review questions in test mode, you will be given a “green light” (and if you don’t perform as well, a yellow or orange light). As you get more and more green lights, you gain the confidence on your progress. This virtual cycle helps drive the momentum to your passing success.
What are the Limitations?
Nothing is perfect, so I identify some limitations for you to consider.
1. Designed for Online Learners
It’s less of an issue nowadays, but there are candidates who prefer to study off a real text book. This course comes with a text book, but if you won’t utilize the interactive online study planner, videos and performance tracking feature, you are better off with the more affordable CMA Learning System.
2. Most Expensive Option
Given the state-of-the-art online platform and full product offering, its no surprise that Wiley CMA Review comes at a hefty price.
If budget isn’t a concern, I encourage you to sign up for the free trial anyway, since the price premium is justified with the quality of the offerings. If you can’t really afford it, don’t worry you have other options in the market.
3. Test Bank Not Tough Enough?
The Wiley CMA test bank has comparatively fewer practice questions. Also, based on readers’ feedback, the variety of questions is not as broad as Gleim, for example.
Having said that, many readers find it okay, as they would rather have a smaller, narrower and less overwhelming set of practice questions that they can handle.
4. Some (Minor) Errors Not Fixed
I have been getting several feedback lately on how Wiley fails to correct errors identified by their customers. These are reported in their forums with some dated back two years ago. It doesn’t reflect well on their customer service, but thankfully most of the errors are minor.
My Bloggers Who Use Wiley CMA Review
Passed Part 1 on first try
| Yen (Vietnam)|
Wiley CMA Learning System
Passed Part 1 and 2 on first try
Conclusion: Great for Busy Professionals
Wiley CMA Review is great if:
- You are busy professional who see efficiency as #1 priority, and need to squeeze any downtime for the studying
- You study well with video instructions
- You appreciate the state-of-the-art online learning tools, study planner and tracking system
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