CMA Blog & Most Popular CMA Questions from Readers

cma exam FAQI thought it would be helpful to create a CMA blog resource page that you can always come to, so bookmark it for your reference and convenience!

CMA Exam Decisions

1. Is the CMA exam worth it?

2. Can I make it?

3. Costs (and how to save costs)

4. Salary potential

CMA Exam Process

1. Registration and requirements

2. CMA exam format

3. CMA exam FAQ: when, where, how

CMA Exam Preparation

1. Review courses comparison

2. General tips

3. Essay tips

4. Setbacks (and what to do)

5. Motivations

What’s Next

Management Accounting Certifications

Official Resources

How Can I Be More Helpful?

Check out my free one-week mini-course so I can walk you through the application procedure and CMA exam prep tips in an organized manner:

  • saj says:

    hi.. thank you for such a helpful site! will appreciate if you could answer my query; my regn. date is 17/02/2011 and i just passed part 1 in june window (370)but failed part 2 (320). i would like to know if i dont pass part 2 in sep – oct window, am i eligible to sit in jan – feb window before 17th feb 2014 as both parts must be cleared in 3 years since the regn. ? thanking you in advance, Saj

    • Pushkar says:

      I dont know how to post a question here so m replying to this message. Hello I’m from India. M currently doing my bachelors degree in management studies. Its a 3 year course. I will definitely do an MBA from one of the top b-schools in the country. I want a job on the basis of the same. I haven’t decided the specialization. Will CMA be beneficial for me if i plan to get a good job only in India on basis of MBA? If yes when shall I appear for the exam? If no then which other course would you suggest. Thanks in advance:)

  • Rekha says:

    Hi, Stephanie
    1. CPE credit is it required to fulfill after passing the exam or before as well as soon as you become member of IMA?
    2. If I plan to take exam in Jan 2014 window, what is the good time to register it?
    Thanks!

    • Stephanie Ng says:

      Hi Rekha,
      1. CPE is not required until you become a “full” CMA, i.e. after passing the exam and getting the experience verified.
      2. The registration process is very fast as long as your transcript is readily available. From my experience, if you have tight schedule (work or family wise), it is best to start studying and see how the progress is before registering, so in case you need more time you can take it in the next window. But if you are firm about Jan 2014, then you can actually apply say a couple months before that. This gives you plenty of time to schedule the exam on your preferred date.

      Hope it helps! Stephanie

  • Shyam Kaladi says:

    Dear Sir,
    I am new to CMA and wish to take Part 1 exam in June 2014.When should i register and Which edition of wiley online text book should i buy(2013 or 2014).

    • Stephanie Ng says:

      Hi Shyam, I would wait until later in the year to get the 2014 version. Typically you don’t need so many months to get prepared for the exam. It will bore you to tears 🙂 Stephanie

  • SRINIVAS says:

    Hello…
    Please clarify as to How does CMA certification will really help for a banking employee who is into service for about 15+ years and at the age of 35. Also How will it impact for him who will start studying after a gap of 15 years again for this exam. Will It really makes the difference in a career ? Please reply in detail…ThankYou…Srinivas

    • Stephanie Ng says:

      Hi Srinivas,

      Which part of banking are you in? Client-facing or internal? It makes a big difference.

      Assuming you are in the front-line/client-facing business, I don’t think CMA helps much in banking in general, because CMA is more on the corporate side of accounting. Having said that, Part 2 of the exam is more relevant but if this is what you are looking for, but if so CFA is the one to go. Hope it helps, Stephanie

  • SRINIVAS says:

    ThankU Stephanie… Well to be more clear & understand more on this further, I put up few more questions…Request your time & valuable suggestions.
    a) I am currently a branch head which obviously becomes a front line, going forward I wish to have some specialisation & shift towards that. Morover I need good professional degree after my B.Com(India). Put up nearly 15+ in banking…Need a career and good option. Shift to abroad 2 a different bank is also available but with these specialisations both in banking and qualification.
    b) IF CMA does not suit what would be the ideal course..Budget is also a bit constraint. At first thought of doing CPA / ICWAI (India) but these seem to be long term approach.
    c) Even it does not suit cant I use this course as a step to go up the ladder and whether will it fetch me a better opportunity abroad or in India having good amount of banking experience.
    d) Motive is go up with the current position and for a good career. Ultimately the course has to solve the purpose of my career.
    e) Assuming we go in for the course, Also clarify I understand that the registration cost is with or without any study material & whether they are sufficient or should we opt for extra study material as suggested in your myrecommendations column.
    f) Does this course needs outside coaching (India) or self study is sufficient.
    Request to clarify each of the above…Thanks in advance..Srinivas

    • Stephanie Ng says:

      Hi Srinivas,

      a) if you are branch head then yes it would be quite suitable, because it involves strategies and financial aspect of managing a business which is also one of the core (and more interesting) part of the CMA program.

      b) – d) Sure, sounds good

      e) the registration does NOT include study materials.

      f) I generally recommend self-study courses. Quality of coaching in local countries varies greatly and I can’t give any recommendations. While for the self-study courses they are used by most American candidates (so quality guaranteed), delivered in computerized format which is similar to the actual exam format, and save time in commuting. It is generally a lot cheaper. Hope it helps! Stephanie

  • Leslie says:

    I would like to get my CMA. There are several things holding me back. I am in my 50’s and have been out of school for many, many years and my job has had me segmented in one area for the last 15 years. I am afraid that I will be lost even in the prep classes. I tried a few years ago but with time restraints and feeling overwhelmed, I did not stay with it. Any advice?

  • Ronald davis says:

    Respected Madem,

    Is CMA beneficial in middle east (qatar , U.A.E) if competing courses of ACCA,CIMA,CPA, CA…,,,,If i passed CMA with no job experience (I’m a fresher graduate ),then how much job scope in middle east? I’m worry about this thing,,, I need a concrete reply.

    Regards
    Ronald

    • Stephanie Ng says:

      Hi Ronald,
      Thanks for your note. I don’t really have a concrete reply for you, because getting a job requires a lot more than a certification. I don’t have experience getting a job in your region, but most places require a well written resume/CV and a good interview. Networking helps a lot in most places too. I would say the CMA helps throughout your career if you stay in accounting, but likely won’t guarantee you a job.

      For more info on the comparison of different certifications, please read this article: http://ipassthecpaexam.com/accounting-certification/

      Regards
      Stephanie

  • Anto says:

    Hi Stephanie,

    I did see your comment to Ronald……”I would say the CMA helps throughout your career if you stay in accounting, but likely won’t guarantee you a job”.

    My dilemma is whether or not CMA is a guaranteed job or is there difficulty in finding job in a corporate set up even if it is a fresh CMA in middle east.

    So what is your stand on CIMA (UK).

    Thanking in anticipation of your reply.

    Regards,
    Anto

    • Stephanie Ng says:

      Hi Anto, in my opinion CMA (US) is more popular than CIMA in the middle eastern region, but it is best to ask the locals e.g. your friends, peers, supervisors to make sure, since you are actually living in the region.

      In any case no qualification can guarantee any job… if you are the employer, you’ll likely pick someone who is knowledgeable and hardworking, but also whether this person can fit into the culture of the organization. The professional qualifications can never show the personality fit.

      Regards,
      Stephanie

  • Alpana says:

    Hi Stephanie,

    I have done Master of Commerce and MBA (Finance) from India long back in 1995-1997. I want to pursue CMA but not sure which review system to buy. In India, I have two options; (1) join contact classes that offers study with Wiley review system or (2) purchase Gleim review system for self study.

    Considering, that i prefer books over computer study and may require thorough understanding of the concepts, which option should I choose from the above? My style of study is traditional method, i.e., read from text book which explains in simple method and then practice exam questions.

    Also I have apprehension whether Wiley test preparation software is enough (in comarision to Gleim) to pass the exams?

    Rgds,
    Alpana

    • Stephanie Ng says:

      Hi Alpana, Wiley CMA Review sounds good for you, but I cannot comment on the live classes because I have no idea about the quality for the lecturers. Please check and see if they are ok.

      For self-study, both Gleim and Wiley works. For Wiley you have to pay extra for the shipping cost. For India, I think it will be over US$100. If you don’t mind the e-book, there is no shipping cost. Gleim will only have electronic books.

      Here is more info:
      https://ipassthecmaexam.com/wiley-cma-review/
      https://ipassthecmaexam.com/gleim-cma-review/
      Regards, Stephanie

      • Alpana says:

        Hi Stephanie,

        Thanks for the quick reply. However, I just compared the prices of both and think that the price of Gleim review is quite lesser than the Wiley.

        Given my background, do you think choosing Gleim review system for self study would be fine in my case?

        Since, I intend to migrate to Canada in about couple of years, how are the prospects for job in Canada with IMA CMA? Though I understand that in Canada there are three major Accounting bodies (under unification process) but my perspective is to have something such as IMA CMA rather than not have any international qualification when I land in Canada.

        Your feedback on both the points will be highly appreciated.

        Rgds,

        • Stephanie Ng says:

          Hi Alpana,
          Gleim is a lot more affordable, that’s for sure 🙂 In terms of effectiveness, it depends on the candidates but generally it works pretty well for most people. If you have existing knowledge in accounting, it should be a great learning tool.

          As for whether IMA is useful in Canada, it is hard for me to tell, but I believe it is better to get a Canadian version (used to be CMA in Canada) in your case. The program is now closed as they will be accepted applicants for the combined Canadian “CPA” designation.

          The flip side for the Canadian designation is that it is designed mostly for local residents so it is very hard for non-Canadians to get the qualification. Because of this, I don’t know that much about the process except for a general overview here: https://ipassthecmaexam.com/cma-us-vs-cma-canada/

  • Ahmed says:

    If I passed CMA and afterwards go for the ACCA. How many exemptions I can get?

  • jasir says:

    hi mam,

    please ,let me know what are the procedures to be taken for attanding exam on coming window(feb),

    let me me know how can i register on ima and membership also,

    please give me the steps by step process to be followed,

    i have almost covered my review books(hock and Wiley) and doing software test as well.

    please give me some suggestions for preparing for February window

  • Vishakh says:

    What are the chances that CMA examination authorisation
    code for Prometric renders itself invalid?
    I happened to make payment for the Part 2 exam. Received
    the auth code from ICMA via email. This code isn’t being
    accepted by Prometric website! Checked with an agent of
    Prometric, seems it’s got something to do with activation of
    the auth code by ICMA!! Has anyone else faced this problem?

  • Ahmed Haseeb says:

    Hello Stephanie. I am so glad to have come across your website. You have provided such wonderful resources for those wishing to pursue the CMA designation. I will be taking the part 1 exam in June 2015 right after my graduation (BBA, Accounting). i have 9 credit hours left and have classes Monday and Wednesday in the morning hours. My question is, do i have enough time to cover the materials given that i study 4 times a week while considering my background in accounting? Moreover, i registered as a professional due to the fact i am graduating in June and i cannot register as a young professional ( i reside in the middle east). When do you think i should register for the exam and what documents would i need to upload? Do documents such as transcripts need to be uploaded before taking the part 1 exam?

    • Stephanie Ng says:

      Hi Ahmed,
      Great to hear from you and thank you for your kind words! I believe you are fine — generally candidates need 100-150 hours to prepare, but given you are still at school when the concept is fresh in your mind, you’ll likely need to study less. It would be helpful to focus more on the practice questions to get familiar with their question styles.

      In terms of registering for the exam, it depends whether you have to take it on popular days (i.e. Friday or Saturday) or not. If you are flexible, registering around 1 month before is fine. Otherwise, I would say 1.5-2 months.

      Yes transcripts are required. I asked my school to mail it directly to IMA. I think you may upload it but somehow need to give them an original copy. Regards, Stephanie

  • Paul Simon says:

    Stephanie could you please tell me how many exemptions will I get for ACCA for clearing CMA exams. I mean just clearing and not getting certified.

  • Zeshan Jahangir says:

    Dear mam,

    Can u please guide that what is the criteria to for enroll in CMA? is there is illegibility for having FIA (ACCA) certificate ?

  • prasanth says:

    Please clarify as to How does CMA certification will really help for a Software employee who is into service for about 6+ years and at the age of 30. Also How will it impact for him who will start studying after a gap of 12 years again for this exam. Will It really makes the difference in a career ? Please reply in detail…ThankYou…Prasanth

    • Stephanie Ng says:

      Hi Prasanth,
      I believe it depends whether you want to move to a more analytical and managerial role within your software company. For example, if you want to be a project manager, and that position requires some sort of financial or profit analysis, then yes it’s useful for your personal development. Whether it directly helps you get to that position or a promotion, it depends largely on whether your company values CMA. Typically US headquartered companies (and big ones, e.g. the Fortune 500) has a higher chance to value CMA. Another place to check is whether there are any CMAs in the senior management. Hope it helps! Stephanie

  • rafsal says:

    Hi mam,
    iam fresher from India currently looking for first part in coming june.
    in which regions i likely to get good opertunities as a freshr.
    and what salary scales can i expect in start-up

  • AKHIL says:

    Thank you for your valuable information and your consideration towards CMA students….
    grp

  • hassnain says:

    i am going to give cma part 1 in 12 may. plz can anyone give some advise. how handle exam questions

  • hassnain says:

    i am using hock international textbook. also having practice in hock software. is that enough or required some other textbook like gleim etc

  • hassnain says:

    i want to ask difficulty lvl of MCQS. is that so difficult? my friend gave exam in month of feb. he told me. MCQs consist on 70% cover theoretical aspect. every questions based upon 2-3lines. 30% Required calculations..those MCQs were lengthy & so much irrelevant data given in mcqs

  • Moiz says:

    Hi Stephanie,

    I wanted to know is there any exemption available in CPA program for CMAs and being a CMA do we still need credit hours and other documentations to start CPA program

    Thanks

    • Stephanie Ng says:

      Hi Moiz, unfortunately CPA doesn’t normally accept professional qualification as part of the educational requirements or waiver… You need to follow the same rules in meeting the eligibility requirements. Regards, Stephanie

  • Moiz says:

    one more question does 2 years bachelors degree(in Commerce) make us eligible for cma certification?

  • Mrinal says:

    Hi Stephanie,

    Is CMA – US a chartered certificate like CIMA – UK & will be learning only about American accounting & taxation or will it help me to find jobs in my country India also?

    • Stephanie Ng says:

      Hi Mrinal, it is not. If I understand your question correctly, CPA is the qualification that gives you privilege to sign an audit report. There are increasing number of Indian candidates in the past year of so from India, and IMA is also expanding their chapters in India, but I would say it’s still not as popular as say the Middle East. Here is my analysis on this topic: https://ipassthecmaexam.com/cma-title-for-career/

      • Mrinal says:

        Hi Stephanie,

        You are always very prompt & helpful.

        I am a 32 yr old finance professional. I hold a Bachelors Degree in Commerce. Having scored averagely in my bachelors I know that I am a slow learner & can study only at my own pace to complete CMA. Thus I would request you to please clarify my doubts which are mentioned below :

        I have over 6 years of work experience. I am currently working in a small leisure tour services Indian company as a Finance Manager handling costing & other general areas of accounting. Previously I have handled only back office process oriented jobs like billing, collections, receivables & payables etc. Will I be able to satisfy the work experience criteria for the IMA membership? Is CMA the right course for me?

        Should I enroll as a student or a professional with IMA?

        I am planning to pay the membership & entrance fees to IMA by Dec 2015 & target only for part-1 exam of Sep-Oct 2016, Can I do that?

        Which course material should I go for that will be easier for me to understand & prepare through self study ?

        Please advise if an average minded person can take up only self study preparation or is class room coaching also very important?

        How long does it approximately take to get the exam results & CMA certification after a successful attempt at the testing window ?

        What are the job prospects in India after I complete CMA, can I handle areas like Indian statutory compliance, taxation & audits etc or is CMA beneficial only for those who want to get into reporting, budgeting-forecasting & financial analysis etc?

        If I complete CMA in India can I try my luck in US, New Zealand, Canada or middle east for jobs as my long term plan is to settle in one of these parts of the world?

        Thanking you in advance.

        • Stephanie Ng says:

          Hi Mrinal, thanks for your kind words! On your questions:
          1. Yes your current role as finance manager is very relevant. The previous job may not be counted though.

          2. Professional membership. Student membership is for current student only.

          3. You probably don’t need that many months to study as you are BCOM graduate with experience in accounting. And it will bore you to tears 🙂
          You can take a look at my CMA exam planners (for Gleim or Wiley) to estimate how long it takes for an average candidate.
          https://ipassthecmaexam.com/cma-exam-study-planner/

          4. I have this pros and cons analysis on major review courses: https://ipassthecmaexam.com/cma-review-course/

          5. I personally don’t like live classes and I explain my thoughts here:
          https://ipassthecmaexam.com/cma-prep-course-online-live-class/

          6. Result is released around 40 days after the end of the month you take the exam. More explanation here: https://ipassthecmaexam.com/cma-exam-results-waiting-time/

          7. It’s more like the second job description. It is not an Indian designation so it doesn’t cover local taxation and compliance.

          8. I believe Middle East is your best bet, because CMA (US) is highly recognized there and I have lots of readers who are thinking or have recently moved to the Middle East while taking the CMA journey. US is obviously a good choice, but it isn’t easy to get a job directly from india to the US. For Canada and New Zealand, they have their respective management accounting qualifications. More details here: https://ipassthecmaexam.com/management-accounting-certification/

  • Indrajit Roy says:

    Hi stephanie,
    i am planning to prepare and give cma next year. I have just finished my 2nd year (bcom). Just wanted to know if i pass cma us from india, will i be eligible for membership of icwa or icmai(indian certification)?

    • Stephanie Ng says:

      Hi Indrajit, from my understanding, in order for get the Indian certification, you need to take the CMA exam outside of India. As long as you do that, and fulfill the requirements to become a full CMA member, you can do that.

      • Indrajit Roy says:

        So if i prepare for it in India but give the exam outside india, i am eligible for membership right?
        Another thing i was wondering was that if i fulfill the work experience from India, would that affect the membership from icwa(indian certification).Sorry to bother you again.

        • Stephanie Ng says:

          Hi Indrajit, I believe the agreement is aimed for those who live and work outside of the US. But you may want to check with either CMA or ICWA for the exact rule. Good luck! Stephanie

  • Mrinal says:

    Hi Stephanie,

    Thanks very much for clarifying my doubts. You are a star. I still have a few more questions for you.

    After I pass both the part exams is it mandatory to get my work experience verified or will I get the CMA certificate instantly? Actually I am a little concerned on getting the certificate & want it to smoothly come to me ofcourse only after I pass the exams.

    To maintain my CMA designation do I need to pay the membership fees to IMA every year on a permanent basis or what happens if I stop paying the membership fees every year after getting the CMA certificate?

    • Stephanie Ng says:

      Hi Mrinal,
      Glad to help! Yes you have to fulfill the experience and get them verified, but you have plenty of time to do it. I forgot the exact rules but I think you need to get it done within 7 years. After passing the exam, you’ll get a congratulatory letter that you passed, but it isn’t a certification by any means.

      Yes you need to pay the annual IMA membership fee every year. If you stop paying, you have to stop calling yourself a CMA. Hope it helps!

      • Mrinal says:

        Hi Stephanie,

        Thanks once again for all your support & to the point answers. Well I am ready to face all the challenges & conditions to seriously take up CMA as my career’s professional qualification but I am quite not convinced with 1 point which is the payment of membership fees every year. I feel its like a mandatory yearly ‘expense’ for all the CMA takers to maintain their membership.

        It would have been nice if we had to pay only the entrance fee & the exam fee & after passing the exams we should be getting the certificate.

        Also after getting the certificate if we stop paying the membership fees how will it matter whether we are a member of IMA or not?

        I guess for job hunting the physical copy of the certificate in hand matters more than the membership, This little ambiguous, Need clarity from you Stephanie.

        • Stephanie Ng says:

          Hi Mrinal,
          I guess paying the annual membership fee is part of the investment you need to plan for your career. Hopefully, when you get more successful, US$250 a year isn’t much. But I understand your point and you can simply take the exam when you think you can afford it as a longer term.

          You can show your certificate to the recruiters and stop paying the fee. But if they want to double check your status, it can be easily done, either on the Internet or by asking IMA directly. You are not supposed to show your certificate if you are not an active member, so it depends whether you want to breach the professional ethics required by the IMA (which in fact is in Part 2 of the exam, so you can’t claim you haven’t read it) 🙂

          It’s your own decision, but I wish all my readers would upload their integrity as a professional and call themselves a CMA only if they follow the rules and pay the dues.

  • shrinivas says:

    I’m planning to give cma in January. . But the work which I’m doing right now is all about taxation. ..
    so my question is will I get 2 years work experience as per the criteria to obtain cma certificate. If i work only under taxation profile?

  • Atefeh says:

    Hi Stephanie.
    This is atefeh. Thanks for your all useful information.
    I’m from Iran and I hope I will get my USA’s visa next year. I’m interested in management accounting and I want to pass the CMA exams. I know that before exam registration, I must first join to IMA (paying 220+15$), then pay CMA entrance fee (240$).
    1. But for IMA registration, part “IMA Customer Registration”, I found that for fulfill the form and select the country field for address, the name of my country “Iran” is not listed. Does it mean I can’t register and take the exam?
    2. I’m stock exchange trader in Stock Exchange Market of Tehran. I have over 4 year of work experience in a brokerage. My work consists of trading, analyzing financial statements, risk evaluation and also pricing as well. Is my experience is acceptable for IMA?
    Thanks, Atefeh

    • Stephanie Ng says:

      Hi Atefeh,
      Thank you for your note and glad to hear from you all the way from Iran! On your first question, I understand that for CFA, it is restricted for certain countries, but not sure if this is the case for CMA (I haven’t heard of it, just not sure). It is best for you to email IMA directly to find out. They can be reached at ima@imanet.org.

      As for your experience, the analyzing financial statement and risk evaluation is great. You may want to write your job description in the same email as well, and IMA would be able to tell you. They are customer-friendly.

      Otherwise, you can wait till you get the US visa and I am sure you will be eligible then. Good luck! Stephanie

  • Saqib Saeed says:

    I have already appeared in Part I of CMA, I have a question that is it only when you pass the MCQ part of the exam that you enter for the Essay Questions or it automatically opens?

  • Sampath Kumar says:

    Hello Stephanie, I am planning to join for a local chapter in the USA. However I am currently in India and want to take exams from India. I feel it will be helpful for me in the future if I join a local chapter incase if I relocate. Are there restrictions that I should take exams in the USA if I joined a local chapter there? Please respond.

  • Anto says:

    Hi Stephanie,

    I would like to know if you had any idea/clue…..regarding the times/circumstances that IMA declare special discount offers.

    I have heard that an offer is declared at the dawn of a new year.

    Please advice….and thanks for your support.

    Best wishes,
    Anto

    • Stephanie Ng says:

      Hi Anto, not that I know of just now… usually, they announce it on facebook page. For example, if it is for Middle Eastern candidate, it will be on their Middle East FB page. Regards, Stephanie

  • Ruchi says:

    Hi Stephanie,

    I would like to ask about the transcript which has to be sent to be submitted to IMA. Do we have to send this before giving the exams? I want to know exactly when can we send the transcript?

    And also I have done my graduation from India and currently I live in UAE so I am not sure my university will provide the transcript or not but I have the degree can I send notarized degree instead of transcript ?

    • Stephanie Ng says:

      Hi Ruchi, yes please send before your taking of the exam, although it’s probably ok if you send it later.
      I believe they accept notarized copies, but please double check with the IMA. You can email them and they reply quite promptly. Cheers, Stephanie

  • Lovina says:

    Hey Stephanie, thank you for such helpful and insightful information . I’m on an H4 visa, and I would like to pursue this course, is it possible for me to do so?

  • govind says:

    Hi Stephanie,
    I have cleared the cma exams both groups in may june 2015 window and i am also in the process of job hunting. i recently got an offer from a BPO for the position of accounts payable associate. Whether the designation will help me fulfil my experience requirement for cma certification. i have no prior experience.
    Regards
    Govind

  • Joginder says:

    Hii..Stephanie
    I am joginder from India. I tried to register to Cima but they denied me because I don’t have last name mentioned in my any government id proof and educational documents. I live in village and here is no body use last name. I want to know only,it is mandetery for CMA registration to have a last name. Can I do CMA without last name??

    • Stephanie Ng says:

      Hi Joginder, I believe I replied somewhere to you before, but you do need a last name for any professional exam. Some exams such as the CPA can have special arrangement, e.g. issue you a unique ID, for you prior to the exam. You may want to check with CIMA or CMA if they have such arrangement. Regards, Stephanie

  • Gilda Anne M. Victorio says:

    Hi, Stephanie..

    Is this the same CMA Certification being offered by ICMA [website: http://www.cmaphilippines.com/%5D? If not, what is the difference of the 2?

    Thank you,
    Gilda

    • Stephanie Ng says:

      Hi Gilda,
      I looks to me that this is a management accounting certification in the Philippines, for local professionals. The one covered here is based in the US but is also considered a global certification. Nowadays more than half of the candidates are from countries outside of the US, notably China and the Middle East. Hope it helps!

  • Muhammad Usman says:

    Hi Stephanie – maybe this question is already answered but i could not find here. How much time is required to prepare for CMA part 1 for non-accounting professionals with some basics of accounting.

    thanks
    Muhammad

  • Faaz says:

    Hi,
    are there any changes in exams style and syllabus in 2016? like we saw many changes in 2015. plz confirm. thanks!

  • amir ahmed says:

    I’m 42 years old, i’ve bachelore degree in accounting by 1996 and i intend to get CMA certificate
    I’d like to know is it better for me in this age to get cma certificate or usless
    and after i get it is there any available opportunities or it’s too late for me.
    note : my career now is customer service in shipping co.
    appreciated yr kindly reply

    • Stephanie Ng says:

      Hi Amir, it’s never too late to take the exam. We have a discussion here: https://ipassthecmaexam.com/age-factor-cma-certification/

      The more important consideration is whether there is value add to your career. Your current job as customer service may not be seen as relevant to IMA and therefore you may not be able to fulfill the experience requirement. Without doing that, you can’t get the CMA title. If you are able to find a solution to this, I encourage that you give it a try. 42 is still young! Regards, Stephanie

  • trilok says:

    hello,
    I had went to buy books for cma wiley textbooks at the vendor at my place but he showed me both 2015 and 2016 edition and there is a price difference.So what you would you suggest.Are there any changes in 2016.Will 2015 edition be good for exams. please reply

    • Stephanie Ng says:

      Hello Trilok, if there isn’t a big difference in price, I would certainly go for the latest version. Having said that, I suspect the difference is very small, because 2015 has undergone a big change already… Can’t tell for sure because I don’t have the 2016 version on hand. Regards, Stephanie

  • ahmed says:

    hello Stephanie
    I’m 4th year student faculty of commerce. I have already taken my last exams in June/2015 but unfortunately i passed in all courses except one.
    This course I will exam it again this month October/2015.so now I’d like to know if I can register to CMA exam as a student or should I register as a graduated ?
    I eagerly await your response..

    • Stephanie says:

      Hi Ahmed, if you are still a student (defined as taking at least 6 credit hours this semester) then you can still enjoy your student discount. Regards, Stephanie

  • Vishakh says:

    Hi Stephanie,

    I am an IMA members since December 2014. I have passed paper 2 in February window this year. I will be appearing for paper 1 exam in February next year. I have received a membership renewal notice from IMA. Per the notice, the membership renewable fee is $220 ( I am a pro member. Although I am a young pro, I am from India and could not take the benefit of Young pro membership). My question is, what happens if I do not renew the membership this year? and second question, is there any way I can get a discount on the renewal fee? Please let me know.

    Thanks & regards,
    Vishakh

    • Stephanie Ng says:

      Hi Vishakh,
      If you don’t renew your membership, you can’t take the exam and you probably lose your Part 2 credits (not too sure about that part as no one tried that before). In any case, please expect to maintain your IMA membership because otherwise you cannot call yourself a CMA even after getting certified. If this is a big concern, maybe it is better to stop the process now…

      I don’t have discount code at the moment, and usually it applies only to first-time applicants.

      Regards, Stephanie

  • SARIKA says:

    Dear,
    I am interested to Join CMA-US from India, Kindly let me know is there any provision of fee concession for disabled candidate.If yes, to what extent he can claim such concession?

  • K.Srinivas says:

    Hi Stephanie,

    I would like to thank you and appreciate your initiative. Your articles are inspiring & keeps me motivated.Appeared for CPA but did not clear.However your articles have brought back the zeal in me to go combat with me again & I look forward for your mails. Thank you once again for being a mentor.

    Regards,
    Srinivas.

  • Engee says:

    Hi Stephanie
    I am a CA of India, currently in practice in the field of taxation, audit, accounts and ROC since three years..planning to shift abroad in corporate and also want to pursue a stable course for this.
    I am confused amongst CMA and CPA
    The target countries to shift are Dubai, Singapore and USA
    Pls suggest me for the appropriate course
    And also needed to know does the experience of CA practice considered by the corporate.
    Thank you!!

  • Binoy says:

    Hi Stephanie

    Is there any changes in the syllabus of CMA PART 1

    Please advise.

    Thanks,

    Binoy

  • Syed says:

    Thank you for the encouraging emails that I’ve been receiving after signing up for your newsletters. I am getting motivated with your mails and the links I decided to give part1 cma exam next month (feb) I understand how MCQ are tested jn exam but having less idea about SA type questions. . Requesting let me know about it…. Thank you

  • narendra balapa says:

    heya der, this is narendra from india currently pursuing my final yr b.com at a clg in chennai…i gotta few clarifications about this course, here goes…
    1) is it possible for me to give the cma exam frm india or do i need to relocate someplace else?
    2)how do i find out if my college/univ is recognised by ima?
    3)what is the eligibility criteria to appear for cma?
    4)what are the job prospects and will the certification be recognised in india?
    thnx in advance. you’re help is much appreciated

  • Shahrayar Malik says:

    Dear Admin/moderator,

    Iam sitting for Sep/Oct 2016 Window & currently studying from a 2nd Hand (bought from a Friend) 2015 Edition Wiley Book & test banks.the New/latest edition of 2016 CMA course is out on Wiley website .
    My question is does the 2015 Edition still Relevant/ helpful for candidates sitting for SEP/OCT 2016???
    Can an individual pass 2016 exam sittings with 2015 Edition Books/material?

    I highly appreciate your kind reply to my inquiry.

    Big Fan of your work,
    Shah!

    • Stephanie Ng says:

      Hi Shah, thanks for your note. It’s always the best to get the latest version because you never know whether you’ll be missing a few points because of the new exam content. But as far as I know, there aren’t major changes in 2016. As a compromise, you may consider getting only the latest practice questions. Hope it helps! Stephanie

  • Shahrayar Malik says:

    Dear Stephanie,

    I wanted you to kindly elaborate on CMA Exam marking structure.
    my understanding is, its 100 MCQs & 2 Essay Questions.

    100 MCQs= 400 marks (1Q x 4 marks)
    2 EssayQs = 100 marks (1Qx 50 marks)
    Total 500 marks
    Am i correct ????

    Thanks in Advance for answering.

  • Imad says:

    how many paper exemptions will a CMA member get if they want to pursue ACCA? I have seen pre-Dec’15 its 7 papers. Post Jan’16 its only 3 why is that? Can any shed some light on this.

  • Raj Vardhan says:

    Hi, Raj here,

    Dear Steph.
    Can I take CMA course after doing BMS(bachelor of management studies)?

  • Muhammad Imaduddin says:

    Hi,

    I was registered with CMA in August 2013 and appear in first exam in June 2014 in which I was unsuccessful. But in last attempt means in May 2016 I was appear again and pass Part 1 exam but second part is still remaining.

    Now the main thing I want to know is either still I have sufficient time to complete my second paper or my pass paper will lapse as its complete 3 years in August 2016 or is there any way to save passed paper.

    • Stephanie Ng says:

      Hi Muhammad, the only way to “save” your passed paper is to complete the program (pass the other part) before August 2016. Can you do that? There is still time to register. Regards, Stephanie

  • Sakshi says:

    Hi This is Sakshi.
    I just got a Job which has the role of order to cash.
    Will it be counted towards my cma experience.

    • Stephanie Ng says:

      Hi Sakshi, could you expand on what you mean by “order to cash”?

      • Sakshi Gautam says:

        Hi stephanie,
        Order to cash basicAlly means working on clients orders and invoices ranging from reconcillation of cash,checking of invoices for compliance and releasing cash .

        So will it count in my experience towards cma..?

        • Stephanie Ng says:

          Hi Sakshi, if it has an analytical level, e.g. some kind of analysis either in accounting and finance, it is better. If it sounds like it is purse processing clients’ request, not as good. Many jobs are “borderline” relevant — if one packages the job description nicely it will more likely be ok.

  • Imane says:

    Hi thank you for answering my previous question, so in my understanding certificate will be sent by po box ?
    I live in dubai, I hope it will not take too long.

  • Haris Aniyarath says:

    Hi, I was registered with CMA in March 2014 and appeared for Part 1 in June 2014 and failed (score 330/500). Since I renewed my membership in March 2015 and due to some health issues I could not prepare again. Now I went for some surgery and my health is getting well and wish to start again. I did not renewed my membership this year as I am planning to appear the exams in Year 2017 by the time my 3 year cut off period will over. Is it possible to re-register in Year 2017 and appear the exams in June 2017? Or what is the scenario if some one fails to clear both exams within 3 year span of time?

    • Stephanie Ng says:

      Hi Haris, I would wait till 2017 (or whenever you are ready for the exam again) to pay for registration fee, so you can extend the 3 year as long as you can. If one fails to pass the two exam parts within 3 years, he/she has to do it all over again, but there is no penalty against him/her. Regards, Stephanie

  • Muhammad Hifas says:

    Hi stephinie,
    I heard about student membership will require more time to get the Original certificate. Only after the Post graduation or any course, they count our two year experience.
    And also i heard that, if we get a job after passing CMA, but at that time we should not complete our post graduation, we can inform IMA and they(IMA) will make our registration as Professional and start count our 2 year experience.. Is it true? Please help me..

    Thanks in advance

    • Stephanie Ng says:

      Hi Muhammad, I don’t know their technical rules, but those with student membership are current students, and students cannot work full-time to fulfill the requirements. So under normal circumstances, a student member needs two years at least to work on the 2-year experience requirements before he/she can get the certificate.

      But then, if someone worked before and takes a master’s degree and CMA exam at the same time, it is possible. I thought this wouldn’t affect the time for them getting the certificate as long as they have the verification form ready, but you can double check with the IMA.

  • Josef says:

    hi Stephanie
    Please I have one query, how to check the accuracy of CMA Certificates (Hard copies )? Can we do this online through the website of IMA.?

  • Ashley says:

    Hi Stephanie, Love your site. It’s been very helpful in my decision to pursue a CMA. I’m just wondering if you know where I can find a copy of all the formulas?

    Many thanks,
    Ashley

  • Yashica says:

    Hi Stephanie,

    Your webpage is really useful for me. Thanks a lot.
    I am working as a Financial analyst in one of the big4 company. I am also studying for M.COM in distance from a recognised university from India. I am planning to start studying for CMA. Will I be eligible for student registration and as I have completed 2 years of work experience and take student registration, will I be getting CMA certificate as soon as I pass the exam? I am not clear about it.
    Thanks,
    Yashica

  • Albin says:

    If i pass the cma exams but do not fulfill experience requirements in 7 yrs? What happens to my certification

    • Stephanie Ng says:

      Hi Albin, IMA doesn’t specify, but I suspect that the exam credit will expire. Just to be clear, you do not get any certification after passing the exam. So you don’t “lose” any certification but if you want one, you may need to retake the exam.

      7 years is a long time though… one should have a plan to work in relevant field before going for this certification. Regards, Stephanie

  • Rohit Kg says:

    I’m doing my graduation and I’m about to finish CMA so I want to kno can I get a internship on the basis of CMA provisional certificate before completing my degree

    • Stephanie Ng says:

      Hi Rohit, there isn’t a “provisional certificate” but you can indicate in your CV that you are taking (or have passed) the CMA exam. Depending on which type of internships you are looking for, it may or may not help. It certainly doesn’t hurt if you have the time 🙂 Stephanie

  • Rohit Kg says:

    Oh fine so when I clear both my exam then their must be time period in which I should clear my degree and work experience right ? How long is that time period

  • omar says:

    Hi stephanie , i have decided to do the CMA certification. I have a few questions if u could help out it will be very helpful
    I have sort of completed my BS in finance. It was finished in june this year but i have to retake one course and i will do so in december of this year . I was wondering if i could register and prepare now for a cma exam in may 2017 . as i do not know when i would have to submit my educational documents that prove i have completed my BS.
    I also do not have any relevent experince as well that will qualify so will i still be able to take the exams and get the certification.
    Thank u in advance for your answer

    • Stephanie Ng says:

      Hi Omar, in fact you can start while you are a student — you even get a student discount! It’s only that in order to get the certification, you need to prove that you have a bachelor degree.

  • Srik says:

    Hi Sir,

    I have appeared for my CMA part 2 Exam yesterday and have completed the Essay test as well.Now I have a question.The results will be out in 6 Weeks.Can I stay positive and start preparing for my Part One, thinking that I will pass the essay exam.As per my knowledge,I think I have given the essay fairly well.Is there still a worse chance that,I might fail the exam, as i had already cleared the minimum requirement for the MCQ’s .Kindly assist as I am tensed.

    • Stephanie Ng says:

      Hi Srik, as I replied in another of your post, let’s not analyze the performance because it is impossible to know whether we pass until we see the results 6 weeks later. Please refer to the link I mentioned together with the tips.

  • Dev says:

    Hi Stephanie, I am planning to take the Part 2 exam first in Dubai and the Part 1 exam in Thailand, this is because of my work, is this accepted? Thanks

  • Arh says:

    can i just pay for the cma exam when my ima membership is expired or i have to be a member in order to take the exam…

  • Sanjana says:

    Hi. I am from India and will pursue B.com next year. I would like to go for CMA after getting my Bachelor’s degree. But I require 2 years experience to get the CMA certificate, right? Can I work after passing the CMA exams successfully for the experience required to acquire the certificate? What kind of work do i need to do? And can i use CMA passed title for working? Or do I need to do get some other degree for the working experience required?

  • Apoorv Parashar says:

    Hello,
    I am an Indian student appearing for CMA exams in Jan-feb window.. I am confused about the exam centre actually I want both the degree US CMA nd ICWA so I want to give exam out of India and I was thinking the same for giving my exam in Nepal.. So please suggest me whether I should go for Nepal aur not, is there any problem in infrastructure of nepal..

    • Stephanie Ng says:

      Hi Apoorv, you have to check whether simply going to take the CMA exam outside of India is sufficient to qualify. I did have a reader who said so but given the importance it is best to make sure yourself (you can call up ICWA). If prometric center operates a center in Nepal, they should feel it’s fine, so on that front I wouldn’t worry. But I am not sure what exactly you mean by the “problem”… if you mean safety in the country etc, then I cannot answer that. Anyway, hope it helps! Stephanie

  • Waqar says:

    Hi Stephanie

    Greetings

    Hope you are doing great. Just a little question about the Gleim CMA that is there any changes in the course for 2016 or 2017 if i want to attempt the exam of Part one in May 2017. Cause i am preparing the exams from Gleim 2015 Course. Waiting for your prompt response.

    Regards
    Waqar

  • Waqar says:

    In 2016 there weren’t any changes in the course that’s why i am using the same one. So Would you pls confirm that in 2017 Gleim didn’t make big changes cause the course outline and syllabus is the same.

    • Stephanie Ng says:

      Let me double check withe the Gleim Team first. Will get back to you.

      • Stephanie Ng says:

        Hi Waqar,
        The CMA exam itself did not change, but Gleim did modify their materials to include videos and more examples, and they also arranged the flow of content to better prepare candidates and aid in retention. Gleim also revises each edition to include feedback from candidates.

  • Valay Chudgar says:

    Hello Stephanie,

    I had a query regarding Student Membership.
    Is it possible to pay for the membership first and then pay for the required study material and classes.
    The reason I am asking this is because the classes(Wiley affiliated) which I am thinking to opt for said that I have to pay for the membership a month before i decide to take the exam.

    Awaiting for your reply.

    Regards,
    Valay.

    • Stephanie Ng says:

      Hi Valay,
      I am not sure, because when I registered for my own exam, I paid for the membership and program fee on the same day (within the same 30 mins). Either things have changed or Wiley has different info… I would check directly with IMA. Regards, Stephanie

  • Kiya says:

    Hi,
    i want to appear for ICWA exams in December, 2017 and that to for Part 1 and part 2 both exams together. i have completed my graduation in accounting and finance in the year 2016, right now i m preparing for the ICWA exams with the help of my frnds study material that she had received from the said institute should i continue to study from the frnds textbooks or should i wait till june to get registered and receive books from the institute , but my problm is it will get to late and i will have no time to study at the end and i want to clear both the parts in december 2017 exams itself

  • Parvathy Mohan says:

    Hi Stephanie,

    I have completed CIMA all levels from the UK in 2009-2010. But I did not fill out any experience and have not pursued the course because I was not in the UK anymore. Also I started working a couple of years ago and I am in the US currently and intersted in CMA.
    I wanted to know what would be my chances of taking any exam at all, because I have completed all my levels in CIMA?
    Is there some way I will be certified with CMA with the said qualification or will I have to retake any exams? I am willing to but just wanted to ensure from you, if you have people who have done the same. Thanks a lot!

    • Stephanie Ng says:

      Hi Parvathy, CIMA and CMA are competitors so it’s understandable that they don’t recognize each other… if you have a bachelor degree, you are qualified to take the CMA exam. There won’t be exemptions however. Anyway, it’s hard to get exemption from an exam that only has two parts, you know.

      Alternatively, you may consider completing your CIMA and then get the CGMA. It is a certification pushed by AICPA, the association of the US CPAs. Good luck!

  • Parvathy says:

    Thanks Stephanie! That was helpful.

  • Ummera naveed says:

    HEy
    I had a query regarding the evaluation criteria of the exam. Do we need a 50% of 275 or 50% of 500 in the exam?

  • sushmitha says:

    Hi
    I had a query regarding final registration. I had completed cma inter in dec 2015, but still didn’t registered for final. I would like to write cma final in dec 2018. when should i get registerd for final and what are the syllabus applicable for me?

  • venkat says:

    sorry no idea

  • Aishwarya says:

    Hi Stephanie , I have completed CA IPCC that is Intermediate Course of CA , My question is can I directly register for CMA level 2 ? Or I need to register for level 1 of CMA ?
    Can you also update me if any seminars are held on CMA registration and career prospects

    • Stephanie Ng says:

      Hi Aishwarya,
      If we are talking about the US CMA exam, there is no waiver. At the same time it doesn’t matter whether to take Part 1 or 2 first.
      If you are talking about the Indian CMA, then I am afraid I can’t help you out. Regards, Stephanie

  • Mahesh says:

    Hi Stephanie,I am 27 from india. I have a bachelor degree in accounting. no experience in any other field. My Question is, can I join the CMA now? will I have a bright future If I do this certification? please guide me. I took Wiley Cma exam review course yesterday.

    • Stephanie Ng says:

      Hi Mahesh,
      Thanks for your note. Yes you are qualified with the bachelor degree, but I can’t answer your question on whether the certification gives you a bright future… because it depends on so many other factors. I have to say that one certification alone will not guarantee a good job (or any job). It helps but it doesn’t automatically land you a job offer.

      Anyway, I am glad you started your journey with the Wiley review course. Best of luck!

  • Francisco says:

    Hello,

    I have a question about experience requirements.

    Do the 2 years of experience refer to experience prior to taking the exam or experience after taking the exam?

    Also, I’m a business owner and have been running all aspects of my business, including accounting and issues related to cost accounting… Does that cover the experience requirements or do I have to find a more formal role to cover them?

    • Stephanie Ng says:

      Hi Francisco,
      You can accumulate the two years before, during or after the CMA exam. But if it’s after I believe it shouldn’t be more than 7 years.
      I have a reader who is also an entrepreneur and her experience was okayed by the IMA. But i believe it really depends on each case. Good luck!

  • Srikanth says:

    Hiii Stephanie

    This is Srikanth from India currently in my final year of graduation. I wanted to enrol myself for CMA programme. My college ID is only valid till this June 17. I’m planning to give the CMA in part 2 in Sep- Oct17 and part 1 in Jan-Feb 18. Please give me suggestions to avoid any problems while enrolling under students discount scheme. Is distance/correspondence college ID valid while applying under student discount scheme ?

    Thank You

    • Stephanie Ng says:

      Hi Srikanth, if you join the IMA membership now, you can still pay for the student membership. As for the exam registration fee, you might still be ok if you are to pay for Part 2 now (please double check with the IMA). As for Jan-Feb 18 window, you will have to ask them as it would be half a year away.

      The university, no matter it’s classroom based or correspondence, should be recognized as long as they are under here: http://univ.cc/world.php

      If your school doesn’t fall into this group, please contact the IMA. Regards, Stephanie

  • Somayajulu says:

    HI Stephanie- I am working as Assistant Manager Finance for Accounts payable process, have 7 years of experience. Presently i am taking CMA Part 2 exam in June 2017.

    What will be my position in Corporate world by completing CMA

    • Stephanie Ng says:

      Hi Somayajulu,
      It’s hard to tell to be honest, because the CMA certification is not the only factor in terms of finding a job. It depends largely on your past experience, and to some extent your university education and interview skills. But you should definitely mention that you are taking the CMA and use that as a talking point during your interviews, to show your commitment to the industry and that you are working hard towards becoming an expert in this field. Good luck!

  • Denny Mathews says:

    Hi Stephanie,

    I have a BS in Computer Science and MBA in Finance from India. I have been working in US for the last 20 years. I have been handling portfolio for my company. I wish to pursue CMA.
    Can you let me know how to go about it?

  • Mansoor Akhtar says:

    Dear stephanie

    Can we use “Rough sheet/Blank paper” and pen in exam room (during Exam)
    to write calculation of numerical questions.

    Best regards.

    • Stephanie Ng says:

      Hi Mansoor,
      There is a erasable pad given to you at the prometric center. Just double check whether the markers are usable (i.e. not dry) before you start. Cheers, Stephanie

  • CMA PROSPECT says:

    Hi Stephanie,
    Most of the countries including India, middle east etc use IFRS accounting standards but CMA uses GAAP. So how is it possible for CMAs to be employed in these countries?

    • Stephanie Ng says:

      Hello, the CMA program is focused in management accounting and financial analysis. Financial accounting, which deals with US GAAP and IFRS etc, is a small part. I don’t think this is a concern. If companies want to hire the professionals based on their expertise in IFRS vs GAAP, they would have chosen the CPAs/CAs. Regards, Stephanie

  • Pragnya says:

    Hi

    Can an Engineer take the CMA course if interested??? What are the challenges faced?? What are the job prospects for a CMA in India??

    Warm Regards

  • Mmc says:

    Hi Stephanie,Does CMA worth?

  • MMC says:

    Hi Stephanie,I have always been an average student who struggles in Math and who barely Score 60℅ marks.After completing BCOM with an average marks I was looking for some diploma course which is worth. Eventually I have heard about CMA and it’s wider Scope, consequently I started some research and eventually got in to one of the best Institute in our Nation who have the great legecy in teaching this particular course.
    Eventhough I am an average student the glamour of this course and the short duration moreover the institute’s motivation for me to do this course led me to select CMA at the End.The institution’s exicutive’s motivated me a lot and they were like it does not matter what’s your Mind Level ,how you used to study before, how irresponsible you were as a student until BCOM,if you are ready to follow our milestone and work Hard ,You Can Be a CMA

    Now I have been going to the institute for more than a week (we are Taking part 2 first) .The problem is when each classes ends ,I become more stressed and starts to worry more .Yes ,I am ready to work hard, however even the beginning seems to me very tough and I am so worried how can I move forward.Like I said I am bad at maths and Algebra in particular , whenever some algebra are need to apply I am like What should I do! They says it’s basic and even 8 grade student is supposed to know it 🙁 When the teacher asks questions to solve,some are solving within 2 minutes and may be rest manages to do it within 5 minutes.Here I am just sitting and I don’t even know how should I start solving it 🙁 Basically i can’t even understand what is the question. It’s seems me totally way advanced and I am so worried.

    Like I said I am doing part 2 which is comparatively easier than part one, however even this part2 ,the part 2’s beginning seems to me very hard .I don’t know how can I go further and I can’t even imagine part 1 which has to deal with lots of math.

    Thus I am totally stressed and starts lossing Interest in Classes. Before it was something like I am paying much attention to class but Still not getting anything.Now it’s like I can’t even concentrate in Classes,when the teacher had a 1 or 2 hour of class,I start feeling so bored and I am like when he or She is going to wind up.

    Therefore stuck between a rock and a hard place .I feel like it’s not something what my heart desires at the same time those average students who managed to crack this course comes to me as a Question mark .I am totally Confused Mam,what should I do? Shall I continue this with hope or Give up and go somewhere else.Waiting for Your answer 🙁

    • Stephanie Ng says:

      Hi MMC, thanks a lot for your sharing, but could you summarize your question? I am doing this for free and I can’t afford the time to read such long paragraphs… hope you understand. Thanks.

      • MMC says:

        Someone in my family was persuading me to go for CMA eventhough it’s not something that my heart desires.However the institute’s encouragement and family’s motivation led me to select CMA.But after 1 month ,now I feel like I can’t do this and it’s not what I want as I feel so stressed.As a result of paying a good amount of fees already,if I quit it,my parents would say I am an irresponsible! So I don’t know what to do whether continue with hope or quit it to save my time , effort & money.

        • Stephanie Ng says:

          Hi MMC, thanks! Normally I would say, go for your passion! But then, I also understand the responsibility to your parents… may I ask what is your passion? Is it at least something related to accounting, finance, or strategy?

  • Priya says:

    Hi, in my part 2 written section, I typed all my answers and I was reviewing my answers. I didn’t realize that the time was up. Before pressing the submit button, the written exam window was closed. I have written all the answers. Will they count those answers in grading or my answers not be counted? Please give me a reply on that

  • MD says:

    I have a bachelors degree from India in Cost accounting.
    after which I pursued with Post graduation diploma ( full time ) in finance.
    I got employed with an Investment bank and worked with them for 2 years.
    my work profile has been in US mortgages ( asset backed securities and asset back loans.) I liked the profile, however
    I got a better offer from a better company to join them as an international tax consultant with one of the big 4 . I could not resist the offer monetary wise, and learning was huge. since it was a completely new area for me. I worked mainly with US clients preparing form 54771 and 8858’s for my clients on various projects.

    I moved to UAE to join a privately owned company and worked with them for 1.5 year during which they decided to close down ( I worked as operations analyst during this time).

    I am now working with a new company which deals with forensic business mainly supplying machines and giving services.( currently working in accounts)

    They have a plan to also provide forensic accounting. I am very much interested in the field forensic accounting and most likely I would be allocated in the team.

    Now my issue is I am planning to move to UK after 2 years for work and living as I would be soon getting European nationality.

    I want to pursue something in Forensic Accounting field because I Find it interesting.

    Could anyone advice if CMA is a proper course for me to pursue
    I am considering CMA because I think I can clear it and I want a course which can be completed in next 2 years time as I have 2 more years in UAE

    so that all my experience is counted when I go to UK for job search.

    any advice or input would be highly appreciated.

    Thanks in Advance

    • Stephanie Ng says:

      Hello, thanks for your note. I believe there is a specialized certification for Forensic Accounting. Maybe you could also look into that?
      I have to say that CMA certification is not as popular as CIMA in the UK. If you are certain of the UK move, might be better to wait and see? The CMA certification syllabus doesn’t cover forensic accounting just to give you an idea. Regards, Stephanie

  • shaik basheer says:

    my ima membership has been expired i have not paid the renewal fee what happen? can i get penality by ima for not paying ima renewal fee?

  • Sujan says:

    Hi,

    I have 6 Years of Experience in Finance and Accounts,Completed M.Com Degree.

    I wanted to do the US CMA,there is a confusion in taking the Membership

    Could you please clarify any one which membership is better to Take,Professional Membership or Student Membership

  • Thomas Joseph says:

    Hello,
    Is there any mou with CMA and CIA?

  • Aarti says:

    Hi Stephie,

    Is there CMA in NZ? I will be migrating next year and i was looking for a professional course to study there.

    Thank you for your suggestions.

    • Stephanie Ng says:

      Hi Aarti,
      There is a CMA Australia certification that you may consider, but from what I heard from friends and fellow readers here, they recommend getting the CPA Australia certification as they are more recognized as the “default” management accounting degree in Australia and NZ. Might want to check with any local friends if you have any. cheers, Stephanie

  • Sagvij says:

    Hi Stephanie.

    I am from India and hold the Bachelor of Commerce degree from an Indian University.

    I am thinking of pursuing the CMA qualification.I have a few queries regarding that.

    First of all,I am 32 years of age and my overall work experience is around 5 years.My total work experience is slightly on the lower side because I lost a few years while pursuing the CA qualification.

    Secondly my entire work experience has been related to accounting and finance but not specifically to management accounting.

    I wish to make a career in management accounting,which is my future goal and that’s why I wish to pursue the CMA qualification.

    My question is whether my age and prior experience would be a problem in finding a suitable job profile in management accounting and therefore should I pursue the CMA qualification?

    I am currently not interested in relocating to any other country.Therefore I am seeking your advise in the context of the opportunities in India.

    Please advise.

    • Stephanie Ng says:

      Hello! To answer your question, age is certainly not a factor. I have readers who took the exam in their 70s. For prior experience, it sounds like your work is good to be counted as the experience requirement so it’s all set. They only need 2 consecutive years.

      For India I believe the IMA is aggressively building their presence but traditionally it was not as recognized as the local certification. Just to let you know. But I do have lots and lots of readers from India as you can tell from the comment section. I do think it’s worth the time to take this exam while you have the time/energy/money. Good luck! Stephanie

  • costly says:

    Hi,

    I took my first exam in feb 2015 and passed group 2 . Am unable to pass group 1…I plan to write in feb but am worried…when will my certification expire ? My membership is valid until 10/18.

    thanks
    costly

  • Rohit says:

    CMA exam study as compared to CA exam study ,is it hard or easy ??

  • Nishu says:

    Sir, is there any benefits to do cma with ca

  • Nishu says:

    How can anyone do, cma after completing ca, I mean is any ca wants to pursue cma also, is he have to do it from foundation

  • Syed Arif says:

    Hi Stephanie,

    I am a working professional with 7 years of experience. I am enrolling for US CMA for June 2018 and just wanted to know how much daily hours of study do I need to put in.

  • Keerthan.B says:

    Hi stephanie,
    This is keerthan from India, it feels happy to say that i had passed CMA part 2 by the results released yesterday. I had subscribed to your mails so long back and they were of very helpful in giving me pushup trough out this journey.
    I just want to say that your blog was really so informative to many people like me who were preparing for CMA, it speaks everything related to CMA.
    And i’m going to attempt part 1 in may window.
    Thank you for your great job:)

  • Nabanit Boro says:

    I am in my final year b.com..i want to pursue Mca.. but my problem is that m very weak at accounts.. So after graduation can i go from foundation level? As i believe foundation level will posses the basic knowledge which will help me further.. please suggest as soon as possible.. Thank you..

  • Babu says:

    I’m going to apply for CMA inter June 2018, I have well prepared for financial accounting and law. And other two subjects not prepared. I’m planning to attend only financial accounting and law. Remaining papers not going to attend. I’m going to absent for these exam. If I got exemption in financial accounting and law. It is allowed exemption for this paper. Or I need to attend all the papers? Please advise

    • Stephanie Ng says:

      Hi Babu, I am afraid there is no such exemption for the CMA exam, although your knowledge in financial accounting is going to help quite a bit in tackling the CMA exam questions. Regards, Stephanie

    • Stephanie Ng says:

      Hi Babu,
      I believe you are taking the CMA India exam? I am afraid we only cover the IMA CMA exam (the US version) here. Good luck to your exam! Stephanie

  • MEGHANA BS says:

    Hii ma’am
    I’m Meghana B S, from India. I’m member of IMA. But in that member ID its registered as “Meghana B. S” will that dot after ‘B’ becomes a problem while attending the exam as proof that I will be submitting does not contain a dot after my Intial ‘B’. My proof is just ‘Meghana B S’

    If it becomes a problem, what’s the procedure to change it.
    Plz reply me asap.

    • Stephanie Ng says:

      Hi Meghana,
      Generally, if it’s only a dot, it is ok. But I agree that we all should be very prudent in this sort of thing. Please contact IMA and see if this needs to be changed, and if so, they will give you the instruction and related forms. Their email is ima@imanet.org.

    • Sumit says:

      Hi Meghana,

      You can write an email to IMA regarding this issue and they will resolve this in Maximum 2 days time.

      Please see below my email conversation with Brittany. IMA is very helpful.

      Hello Sumit,

      Thank you for your support of the IMA.

      Please note that your name now reads as “Sumit” in the IMA database.

      Regards,

      Brittany Cissé
      Member Services Representative
      IMA® (Institute of Management Accountants)

      Thanks

  • Mubarak says:

    Helloo…
    Sir iam mubarak..
    Iam studying in india..bba in bharathiar univercity distance education mode…am i eligible for cma usa cource

  • Sumit says:

    Thanks to Stephanie for such a wonderful and useful website.

    Regards

  • Anurag SIngh says:

    Hi,

    Greetings !

    My 3 year registration with IMA will expire on 31 October -2018 and I am yet to pass my both part exam 1 and 2, what i need to do In order to complete my coarse post expiry ?Please advise ?

    • Meghan D says:

      Did you contact the IMA and ask them for the next steps? We have heard of some cases in which they’ll grant candidates with an extension.

  • Rupa says:

    Hi Good morning!
    My CMA entrance fee will expire on 18 Feb 2019. Can I register for an exam in Jan/Feb 2019 window ( before Feb 18th of course )? is it possible?
    Please suggest ! Thanks!
    Rupa

  • Hithesh Harikrishnan says:

    Hi my name is hithesh, I failed my Cma part 1 exam feeling miserable. This exam is financially and mentally taxing. Any suggestions to clear Cma will be appreciated.How to prepare for the essay section ? I am clueless please help me out.

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