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I passed part 1 only. do I have to complete any CPE before the year ends?
ReplyHi Axelle, you are required to complete the CPE after becoming a CMA, that is, passing the two parts and fulfilling the experience requirements. Cheers, Stephanie
ReplyDear Stephanie,
you are contradicting your answer above:
Quote:
“Questions from Readers
1. I passed the CMA exam but haven’t fulfilled the experience requirement. Since I can’t use the CMA title yet, does it mean that I don’t need to get the CPE hours?
Well, I am afraid you do. As long as you pass the CMA exam you need to fulfill the CPE requirements to maintain your IMA membership.”
Does one need to fulfil the requirements after passing both parts but before accumulating enough work experience?
ReplyOh, it does sound strange MG. Thanks for pointing this out to me. I’ll reword it. Cheers, Stephanie
ReplyI got my CMA in September 2016, Do I have to fulfill the CPE requirements before the end of 2016?
Thanks
Hi Fares, this is a good question and I’ll include this info above.
You will be given a grace period for 2016 (that is, no need to take the CPE courses). The requirements will start next year beginning Jan 2017. If you have time though, you can start taking some courses and this can be carried over to next year. You can do this up to 10 CPE hours.
how can i fulfill my cma cpe requirements with home studying and what are the applicable courses for that?and what happen if i don,t fulfill the cpe in the first year?
ReplyHi Haitham, there are webinars and online courses that are available from time to time. IMA, Gleim and many providers offer these courses.
If you don’t fulfill the CPE requirements, your CMA certification becomes inactive and you can’t call yourself a CMA.
ReplyHi
I have completed my CPA examination after CMA examination. Can I get credit for the course for CPE. As its been 3 years after completion of my CMA certification what can I do to make it active again to full fill the certfication requirement. Do i have to repass the papers?
I don’t believe you can get CPE credit for taking the CPA Exam. You can double check with the IMA though. To make it active again, you don’t need to re-take the exam. You’ll need to reinstate your membership and make up the CPE hours.
ReplyI became a CMA last year. This is the first year I will have to deal with CPE.
Can someone share the link with acceptable on-line courses?
Also, since my employer is refusing to pay for these trainings, I would appreciate if the link is pointing to affordable (i.e. cheap) courses. Are there any free of charge courses on line that would be acceptable?
My employer offers certain trainings on its intranet website (communication, negotiation, marketing, anger management, ethics…). Would these courses be acceptable?
Finally, it is unclear if the courses are required to be academic? Are skill based courses acceptable? For example, would an excel course (pivot, macro..) would be acceptable course? An introduction to SQL?
My confusion stems form quite relaxed explanation of requironments above, yet they have the right to audit you.
I apologies for the length of the post, but I find all this quite confusing.
Hi Aleksander, a professor has been in touch with me regarding his new CPE courses. We’ll have him tell us about his offer in a new post soon (I am going to have an interview with him). Will get this done after my ski trip 😉
ReplyHello,
I am considering getting my CMA this year, but i am not sure what to expect regarding post certification fees. With regards to the CPE courses, can MOOC (EDX, Coursera) courses count? I am curious as to what the annual costs would be associated with this. I am an entry level Finance professional so heavy annual fees may cause me to delay becoming a CMA.
Thank you.
ReplyI have completed 10 CPE Requirements so far.
If I dont complete remaining 20 hours of CPE credits, what will happen to my qualification.
Whether my CMA Qualification will be cancelled if i dont complete my 30 Credits.??
Hi Palanichamy, the certification won’t be cancelled, but it will be considered delinquent and inactive, and you won’t be able to hold yourself out as a CMA. If the shortfall is not made in the next calendar year, one must get at least 60 hours of CPE within one calendar year to get back to active status. Hope it helps! Stephanie
ReplyHello Stephanie,
I had a similar situation, Only completed 10.5 CPE credits in 2018, now in 2019, I completed 35 CPE, am I ok to hold the CMA? or I need 50 CPE?
Do I need to self report this issue, somehow?
If you are short in one year, you may make up the shortfall in the following year. However, this is a two-year policy and cannot be rolled over into a third year. Therefore, you’d need to make up the difference in 2019.
ReplyHello,
I am currently studying for the CMA exam and I am thinking of just passing the exams, completing the work experience, and then getting the CMA certificate. Also, I am willing to pay the IMA annual fees, but I have no intention of completing the CPE requirement on an annual basis. So, my question is: Is it possible to hold the CMA certificate without taking the CPE??
Moreover, I went through the ICMA bylaws and I think I might have found the solution to my question, but I am not quite sure so can you please tell me the difference between: “member”, “participant”, “inactive member”, and “inactive participant”??
And is one of those titles does not require completing the CPE requirements??
Regards,
ReplyHi NA,
I wouldn’t do it, because if your status is inactive, you cannot hold yourself out as a CMA, i.e. you can’t have the CMA title in the business card, email correspondence etc. Regards, Stephanie
Hi, I’m currently studying CMA USA. I’m aware that we need 2 years of experience to get the CMA certification even after qualifying the exams. Are there any pre defined set of jobs that I must do in order to get the 2 years experience? I’ve just heard some vague responses like “accounting jobs”. But if possible I’d like to know the exact type of jobs I must look into. Thanks. 🙂
ReplyHi Vivek,
Sorry to reply late, but we have a more extensive discussion on the requirements here: https://ipassthecmaexam.com/cma-experience-requirements/
And you can always clarify your own situation with IMA directly. They can be reached at ima@imanet.org.
ReplyHello,
I passed both exams in 2015, but now i checked my profile in the IMA website and it says that my certificate is expired! Most probably because I never did a CPE. The question is how to renew my certificate and bring it back to life? (I am currently doing my Masters degree)
Thanks a lot,
ReplyHello!
Did your certificate expire because you weren’t paying your annual fees? Your online account should provide you with some insight as to what to do to get your certificate active again. If it doesn’t, please reach out to the IMA by emailing ima[at]imanet.org.
Kind regards
ReplyHi, I don’t know of any at this time, but you could email the IMA to ask. I wish you the best!
ReplyYes there is! From a recent post on the ima’s website:
Members have access to Ethics CPE through a new Annual Ethics Benefit token program. The program gives members a yearly “token,” which can be used to purchase any one (two-credit) IMA Ethics Series product. Each year, a new token is automatically issued to each member upon membership renewal. Members can find their token in the myProfile section of their membership dashboard.
ReplyAs a procurement officer, who uses cost analysis and gross margin report analysis on a regular basis to ensure that the financial goals of the procurement function are met, would the experience count?
ReplyIt sure sounds like it, but you can double-check with the IMA to make sure 🙂
Reply