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CMA Exam Fees: Complete Breakdown (and 3 Hidden Costs)+ Video

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cma exam fees

Earning the CMA certification can be a big investment! Let’s analyze the CMA exam fees that you must pay to complete this process.

All amounts are in US dollars.

Content

CMA Exam Fees Explained in Video Format

Here is my response to readers’ requests to walk through the different layers of fees. I hope the following video serves the purpose.

Here is the text format for those who prefer to see the information in writing.

CMA Exam Fees

In order to start the CMA journey, you must pay three fees:

1. IMA Membership Fee

The IMA membership is an annual fee ranging from $39 to $245 depending on whether you are a student, an academic, or a professional member.

2. CMA Entrance Fee

The entrance fee is a one-off fee that allows you to take part in the CMA program, which is the route to becoming a CMA in the US. The fee ranges from $188 to $250.

3. CMA Examination Fee

After the price increase in July 2015, the registration fee for the exam is now $415 per part, which means you’ll have to pay $830 altogether.

There is also a discount of student and academic candidates that lowers the price to $311 per part. A student member can enjoy the discount for up to 6 years as long as the candidate continues to take at least 6 credit hours per semester.

CMA Exam Costs Summary

Student [1]
Academic Regular
 1. IMA Membership [2]  $39 $135   $245
 2. CMA Entrance  $188 $188  $250
 3. Exam Registration
 Part 1  $311 $311  $415
 Part 2 $311 $311  $415
 Total  $849 $945  $1,325

Note:

1. The student discount is for current students only (defined as those who have taken at least 6 credit hours of courses in the past semester). Graduated students do not qualify.

2. There is an extra one-time $15 application fee for first-time registration.

Source: IMA

Hidden CMA Exam Costs

1. CMA Review Courses

Study materials do not come with the CMA program. So, your CMA exam preparation options include anything from free secondhand notes to expensive coaching classes. I generally recommend something in between — self-study review courses, which offer some of the best products from nationally renowned instructors, the flexibility of studying at home, and generally lower prices. You can actually save hundreds on your course by checking out my CMA discounts and promo codes.

2. Travel and Accommodation

If you are lucky to have the testing center close to your home, this cost is minimal. But there are candidates who need to travel to a faraway city or even another country to sit for the exam. If you are in this situation, remember to take this cost into account.

3. Annual Payment

Please note that the IMA membership is mandatory, and therefore, the membership fee is an annual payment.

There are also annual CPE requirements, so you may need to pay for courses to fulfill those requirements.

How Do the CMA Exam Costs Compare to Other Professional Exams?

The cost of the CMA exam falls somewhere between the costs of the CIA and CPA exams. It’s not too bad when compared to the CFA exam:

Exam Fees Only Exam Fee + Review Course
 CMA  ~$1,300  ~$2,500
 CPA  ~ $1,000  ~$3,000
 CIA  ~$1,000  ~$2,000
 CFA  ~$3,000  ~$4,500

Is the CMA Worth It?

The CMA exam fees are expensive any way you look at it. However, you must remember first, that the CMA is more affordable than other qualifications like the CPA Exam; and second, if you are pursuing a professional career in accounting and financial management, the certification will benefit you for a lifetime.

Can I Be More Helpful?

To learn how to study and pass the CMA exam in the most efficient manner, check out my e-course, which is completely FREE. You can learn about the e-course here or sign up directly below.

Join us if you want to get tips on how to plan,
study and pass your CMA exam on your first attempt!

About the Author Stephanie Ng

I am the author of How to Pass The CPA Exam (published by Wiley) and the publisher of this and several accounting professional exam prep sites.

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  • Michael White says:

    Hi Stefanie,

    Your new cma website really explains all the details clearly, simply and colourfully. So much easier to grasp all the details about cma from your site than the ima site.

    Congrats and Well Done to you doing a wonderful job of simplifying all the information!!

    Best Regards,

    Michael

    PS I would hope to commence studying for the cma exams after i complete my acca exams in 2 years time. I was going to study for cpa but as you said there are many reasons (not least of which is less bureacracy) why cma may be the accounting designation to choose, unless of course one really wants to work in public accounting.

    Take Care!

    • Stephanie says:

      Hi Michael thanks so much for your kind words. Best of luck to your ACCA! And come back when it’s time for you to work on your CMA. Cheers, Stephanie

    • Rasheed khan says:

      Hai dear…. I m Radheef khan from Pakistan city of pesawar.i did M.com (Finance) and now want to do Cma.But how I can prepare myself for cma part1 exam because due to lack of finance I can not attend college.so how I di plz..

      Regard.. Rasheed khan mobil number 0092 315 9398156.
      Email. Rasheid_zada1990[@]yahoo.com

      • Stephanie Ng says:

        Hi Rasheed, you don’t need further education for the CMA exam if you have MCOM. I have to say though that even a global certification such as a CMA cannot guarantee jobs, so I encourage that you take a job offer first, and earn money while you pursue further educational or professional qualifications. Once you can afford the review courses, there are self-study courses that are more affordable than live courses. You can take a look at them here: https://ipassthecmaexam.com/cma-review-course/

  • Vienna says:

    Hello Stephanie,

    Is CMA exam the same all over the world? I am now in Dubai, United Arab Emirates but planning to live in Barbados next year. I would like to pursue my CMA in Barbados. I checked on the site but there is no testing center in Barbados, Carribean. Maybe I will look to a nearer country where I can take the exam. Shall we say the exam is Jan & Feb., can I take the part 1 in Feb instead in Jan.?

    Thanks.

    Vienna

    • Stephanie says:

      Hi Vienna, yes the exam is the same around the world, and you can certainly take Part 1 in Feb. You can even take Part 2 before Part 1 if you choose to. Hope it helps! Stephanie

  • Arhin says:

    I live in Ghana, Africa. Will i be able to apply as student candidate?
    If not, is there any other way to save money en route to becoming a CMA?

  • asiah says:

    Hi Stephanie,

    Its so wonderful to read and understand a lot about the professions I m interested in.It is so clearly explained… I wanted to ask that I am good with management accounting compared to financial and cost accounting…so should I pefer CMA to CPA..Also,I do not want to narrow down my options in future like just into auditing etc,but like a job which challenging and keeps us on our toes everytime…So Which do u think will be better of the two..I have completed my B.com through distance learning(1 year from regular college) and MBA in Finance through Distance learning again..Will it be possible for me to apply for any of these courses easily?
    I thank you for your time and patience and once again appreciate all ur help here..

    Regards,
    Asiah

    • Stephanie says:

      Hi Asiah, first of all thanks for your kind words! I think either designation will be great for you. In terms of the qualification process, it will be much easier for you to go for CMA because for CPA it is a relatively complicated process and most state boards do not accept corresponding degrees obtained from non-US universities. For CMA, this shouldn’t be a problem.

      You can get more info on the CMA application process here:
      https://ipassthecmaexam.com/cma-exam-requirements/

      Cheers, Stephanie

  • Mohammed Ali says:

    Dear Sir

    Please advise whether the Annual Membership fees of 225$ as mentioned is compulsory.
    Or is it that we need to pay the Membership fees for a certain no of years only or it is to be paid for the whole life .

    Rgds
    Mohammed Ali
    Jordan

    • Luis says:

      Hi Mohammed Ali,

      The fees are compulsory and you pay for the rest of your career. I was a CMA for several years and left it since I didn’t see $240 of value for the membership. There is no reason to keep something that in my practice today has no value. I no longer do any sort of management accounting.

      I recently sat down to add up the cost of maintaining several licenses and designations. I weeded out the ones that failed a cost-benefit analysis. CMA is now gone from my credentials.

      Best of luck,

      Luis

      • Stephanie Ng says:

        Thanks Luis – it makes sense if the CMA qualification is no longer useful for you. Stephanie

      • Mohammed Ali says:

        Hi Luis

        Thanks for your valued information, Currently i am working as a Management Accountant but dont know if future.
        So if the Membership fees for rest of the life / Career, then it is better to choose some other qualification rather than CMA right now.
        Which you feel is a ideal one. Cost and dedication is required for every thing.

      • Mohammed Ali says:

        Hi Luis

        Thanks for your valued information, Currently i am working as a Management Accountant but dont know if future.
        So if the Membership fees for rest of the life / Career, then it is better to choose some other qualification rather than CMA right now.
        Which you feel is a ideal one. Cost and dedication is required for every thing….

        • Stephanie Ng says:

          I understand… From what I know though all accounting related qualification in the US require continuing Education and license/member fees. Maybe you can wait for a few more years before jumping in?

          • Mohammed Ali says:

            Dear Stephanie

            Thanks for your kind reply

            What about CPA , also there is license / member fees to be paid ?

          • Stephanie Ng says:

            Yes Mohammed, there is also continuing education requirements and license fees to be paid, but license fee is paid on a bi-yearly or tri-yearly basis, and comparatively not that expensive. Stephanie

  • Arun says:

    Hi ,

    I m in SIngapore Please advise me any supporting center for CMA course in Singapore.I m finished MBA and working singapore last 2 years onwrds .So How much I ahve to pay for IMA fee .

    • Stephanie says:

      Hi Arun,
      For international candidates I think the best way to go is to get the self-study courses, because their quality is guaranteed to be the same as those got by the US domestic candidates. You might be able to come across some good lecturers in Singapore, but from my own experience, don’t count on it. I studied for mine using online self-study and it worked great.

      On the IMA fees, it is listed above. But if you have specific question on any of the above please let me know. Stephanie

  • Bilal says:

    Hi, I want to know about the impact of registering under “standard candidate” and “student candidate” category. Why would any one want to register himself under “standard candidate” category because it is expensive? What is the difference between both?
    I am an ACCA Affiliate and also holds a bachelor degree plus 3 years of relevant working experience. Through which category I should register myself? Is there any com pulsation? Kindly guide me in this respect as I really want to know difference in both. I am from Pakistan and there are not much guidance about CMA here. Thanks in advance.

    • Stephanie says:

      Hi Bilal sorry I have been busy over at the CPA site these few days, and wasn’t able to reply. You got my link on facebook, but when I’ve answered all the questions here I will try to get the exact page on the site for your reference. Stephanie

      • Stephanie says:

        Hi Bilal, found it (it’s right after you click the membership link and choose your country):

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

  • Manish says:

    Hi Stephanie,

    First of all thanks for the wonderful info..

    My question :

    Im an engineer …but now a banker since last 10 years .Last two and half years I am into role of a financial Analyst which includes Budgeting and Planning> I am planning to go for the CMA course.

    Kindly let me have your views on whether it will be helpful and whether Im eligible to appear for the same

    thanks in advance
    Manish

    • Stephanie says:

      Hi Manish,
      Yes I am quite sure your working experience can be counted because it involves financial analysis, but if you want to make sure you can always send a note directly to IMA. Looking forward to seeing you in the CMA community! Stephanie

  • Jacob Mathew says:

    Hi
    It is very informative and thank your for your valuable information

  • Mani says:

    Hi Stephanie,

    First of tks for the info available in the website.

    Can you please clarify my doubt on the below point

    I have completed my bachelors degree 4 years back can i enroll for a student candidate as I have persuing MBA from correspondance mode in India

    Tks

    Mani

    • Stephanie says:

      Hi Mani,
      Here is the direct quote from IMA website regarding student membership:

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

      I would think that if you can submit the proof that you are currently a student, it should be fine. Not too sure about the rules on correspondence but generally IMA is quite reasonable and I would think they will be ok on this…

  • Merly Moreno says:

    Hi,
    Hi Stephanie, please advise, im working as an accountant for the past 12 years, graduated in bachelor of science in accountancy last 1998, i wanted to take another level in my carreer not doing routine data entry anymore. please advise if CMA certification would be a great help for me in pursuing my career. please advise also what would be my career prospect after passing CMA.
    thank you.

    Regards,
    Merly

    • Stephanie Ng says:

      Hi Merly,
      Thanks for your note, I hear you. Is your company/industry related to manufacturing? If so CMA is very appropriate and highly regarded. If you work in a fortune 500 company it is also recognized. But if it is in a service industry, it is not as relevant because they don’t deal with cost accounting and inventory etc…

      CPA would be a more versatile qualification but then the education requirement is pretty tough — need 150 credit hours for most states. Let me know if I can be helpful further. Cheers, Stephanie

  • Marine says:

    Hi Stephanie,
    Thanks for your website.

    I have question regarding my work experience.I have worked more than 2 years financial analyst and chief accountant not in usa. Do you think it will count?

    Thanks

    • Stephanie Ng says:

      Hi Marine,
      From the title I am almost certain that it will be counted, but you can double check with IMA by emailing them. They are quite responsive. Good luck! Stephanie

  • KHAN says:

    Kindly tell me the timings of fee payment specially the time of fee payment for IMA membership, whether I can pay that at the end of course or at start?

    • Stephanie Ng says:

      Hi Khan,
      For membership, program and exam fee, you need to pay upfront.
      If you are talking about the CMA review courses, it is optional, but also need to pay upfront. Stephanie

  • Khan says:

    I am MBA (Finance) with experience of Cost Accounting and Financial Analysis in service industry (Telecom Sector). Can I be considered for CMA as I have no experience in manufacturing industry.

    • Stephanie Ng says:

      Hi Khan, you don’t need any experience to take the CMA exam, but in order to complete the program, you do need to gain the experience within 3 years. Previous experience counts (up to 7 years) so it shouldn’t be a problem for you? Stephanie

  • khan says:

    Dear, When I go for CMA registration , there appears three items,
    1. Dubai Chapter
    2. Abu Dhabi Chapter
    3. Chapter at Large

    I am presently at Dubai, can you guide me which chapter should I select and why and also tell me whether the exam fee for second paper (which I want to appear later on) is also paid at the time of registration. Also tell me, is there any need of sending academics documents to ICMA / IMA / NASBA. And how long it takes for verification etc.

    Kind Regards,

    • Stephanie Ng says:

      Hi Khan,
      I believe every candidates from around the world can (or should) apply to the central “IMA”, i.e. imanet.org.
      You can go to the horizontal menu bar and pick “CPA certification” –> “become a cpa” –> “how to get started” (a different horizontal bar, but you will see “how to get started” on the left hand side)

      Then join the IMA by paying the fees.
      When you are ready for the exam, then you can pay the exam fee on the same page.

      When I registered my own exam, I paid first and then submit the required documents afterwards by asking my university to send the transcript to them directly. I didn’t check it daily but after a few days my online status in the IMA indicates that I have provided proof of my education.

      To answer your question more specifically, you only need to deal with IMA. ICMA is an affiliate of IMA responsible for the exam content and you don’t need to deal with them. NASBA is related but more for CPA.

      Is this clearer? It might be helpful for me to write a step-by-step guide on this process later on. Will do that. Stephanie

  • Johnathan T says:

    Hi stephanie,
    Am really confuse and need your help. Am a holder of Bacherlors degree in Accounting have a little accounting from a service company, now i wish to study CMA will it be of help to me?
    Secondly i came from cameroon and it seem there is no testing center there, how will i sit for the exam incase i fail to complete both part here?

    regard
    Johnathan.

    • Stephanie Ng says:

      Hi Johnathan,
      Thanks for your note. First of all, you should be able to qualify because of your bachelor degree. For the actual preparation for the exam, most people take review courses that are designed specifically for the CMA exam. I listed the popular ones here:
      https://ipassthecmaexam.com/cma-review-course/

      If there is no testing center at Cameroon… would you be able to take the exam in neighboring countries? I know it is more costly and inconvenient, but it is one solution. Stephanie

  • razib says:

    Hi,
    I’m a student of ICMAB, a professional accounting body in Bangladesh. Can I enroll in CMA course of IMA under ‘Student membership’ route.
    Thanks.
    Razib

    • Stephanie Ng says:

      Hi Razib, I am not familiar with student status of professional qualifications, but are you working towards a degree, or that you will get an official transcript? If so it is likely ok; if not, it is best to double check with IMA. Stephanie

  • Ahmed Ansary says:

    Dear Ms/Stephanie Ng

    (1)is (Scenario Two – Student Candidate) for only US, Canada and, Mexico or it’s available for all countries? , i’m from Egypt ………

    (2)is the IMA membership fee paid annually till i complete part 1 and 2 or till the end of my life 😀 to be an active member.

    Regards
    Ahmed

    • Stephanie Ng says:

      Hello Ahmed,
      I think (1) is for everyone but I need to double check with the IMA.
      On (2), I am afraid you need to pay after the exam, as long as you want to call yourself a CMA. That’s how IMA makes its money I suppose 🙂
      Stephanie

  • Chelle says:

    Hi Stephani,

    I am a graduate of Bachelor of Science in Business Administration major in Management Accounting batch 2005. My work experience focus on AR/Billing and AP, does my study and experience qualify to get the CMA Certification? Please advise.

    Thank you & regards,
    Chelle

    • Stephanie Ng says:

      Yes, very much! If your work involves analysis on AR/AP then it’s all good; but if it’s more like posting JE and other “mechanical” type of work then you need to package it better. Stephanie

  • hossam says:

    hi Stephanie,

    i am stil student in egypt can i pay student fee or it is avaiable for american,mexican,and canadian students.
    Thanks in advance.
    Best,
    Hossam

  • Sandhya says:

    Its so wonderful to read and understand a lot about the professions I m interested in.It is so clearly explained… I wanted to ask that I am good with management accounting compared to financial and cost accounting…so should I pefer CMA to CPA..Also,I do not want to narrow down my options in future like just into auditing etc,but like a job which challenging and keeps us on our toes everytime…So Which do u think will be better of the two..I have completed my M.com from Calicut university Kerala India from regular college ..Will it be possible for me to apply for any of these courses easily?
    I thank you for your time and patience and once again appreciate all ur help here..

  • razib says:

    Is CMA Entrance Fee refundable, if I want to leave IMA?

    -Razib

  • PANKAJ KUMAR PATEL says:

    I AM FINAL YEAR STUDENT OF CHARTERED ACCOUNTANTS OF INDIA AND I HAVE COMPLETED 3 YEARS DEGREE FROM RECOGNISED UNIVERSITY IN COMMERCE. MY QUESTION IS THAT CAN I JOIN CMA COURSE AND CAN I COMPLETE THIS COURSE WITHIN ONE YEAR ???? I AM INTERESTED TO MAKE CARRIER IN THE FIELD OF FINANCE.

    • Stephanie Ng says:

      Hi Pankaj, yes you are qualified with the BCOM. Having said that, if you are interested in finance, CFA is probably better for you. CMA is more for corporate accountants. You should be qualified for CFA as well with your BCOM degree. Stephanie

  • khadija Ebrahim says:

    is the Entrance fees different from membersgip fee ??? if it is different when i have to pay it with the membership fees at the begining or what??

    • Stephanie Ng says:

      Yes Khadija it is different. For membership fee, you need to pay every year once you start the CMA program (regardless of whether you start taking the exam). For entrance fees, you need to pay once you decide to take the exam. Stephanie

  • Allan says:

    Sitting in Bahrain can I apply for this CMA course? Please help me how to go about, to start , to apply….

    Thanks

    Allan

  • mohamed says:

    I am a student in a recognized university in egypt . i was wondering if i still could have the substantial discount .

  • Maria Gohar says:

    Dear Sir,
    Please help me…
    I am living in Pakistan and want to take CMA exams in June-July. I have passed D.Com equivalent to intermediate. Please tell me how much money I will paid to CMA body. 1225 $ or 494$.

    Regards

  • Agha Muhammad Ibrahim says:

    I have 5 years of Accounts mid-level experience of which 2-years is in Dubai. The case is that I have degrees in business and marketing.

    Masters in Business Administration (Marketing).
    Bachelor in Business administration and IT.

    I want to take CMA so that I could be called as professional accountant. I have 2 questions in my mind

    1. What is CMA entrance exam and what to study for the entrance exam are there any courses designed?.
    2. In the two year SLP concurrent with full-time employment. Is this employment arranged by the CMA and the students are paid?

    Please help me clear my mind as I am independent and have responsible for all me expenses.

    Thank you.

    • Stephanie Ng says:

      Dear Agha,
      Thanks for your note. On your questions:
      1. This article on CMA entrance exam will give you an overview. Feel free to ask additional questions here: https://ipassthecmaexam.com/cma-entrance-exam/

      2. No the IMA does not provide opportunities for employment. Many candidates have an existing full-time job and they take the exam on the side.

      Regards, Stephanie

      • Agha Muhammad Ibrahim says:

        Thank you Stephanie for the reply but 1 more question is that if I find a full time job, will I be allowed to work as I will be on student visa and I do not think that I will have the permission to work full time aside with the studies. What do the rules state for the CMA students?

        Will be waiting for your reply.

        Thank you.

        • Stephanie Ng says:

          Hi Agha, I am not in a position to comment on visa issue, but based on personal experience you should be able to work with a student visa. You have a SSN right? Then shouldn’t be a problem. But you are right you are not supposed to work full-time. So you can either work part-time or wait till after your graduation to complete the experience requirements.

          Here is more info on the educational and experience requirements:
          https://ipassthecmaexam.com/cma-exam-requirements/

          Regards, Stephanie

  • Govinda says:

    I live in Nepal. I am interested to have CMA but I even don’t know about the start point. And what are the courses that makes eligible to have CMA exams?

  • Farhan says:

    Hi Stephanie
    I have my graduation date of 2004 and MBA in finance from 2010. Can i register on student package. i have already 9 years of experience in audit field.

    Can i register on student package?
    if i register, pay and pass on student package, can this be exposed at time of education and experience transcripts submission?
    Is there any check on transcripts and registration criteria?
    Have there been any cases of student registration and Bachelor and experience proof of back dates?

    Thanks.

    Farhan

    • Stephanie Ng says:

      Hi Farhan,
      Unless you are taking at least 6 credit hours per semester now, you cannot apply for the student package. You need proof that you are currently studying. If you live in US, Canada or Mexico and are under 32, you can apply for the young professional membership discount.

      I don’t think back dates are allowed because practically, everyone was student before so everyone would have taken the student package if that is the case. Regards, Stephanie

  • Masudul says:

    Hi Stephanie,

    I have completed my M.A. degree. Now a days I am continuing another M.A. course.I also studying ACCA skill level.

    1.If I send any document from ACCA or from my continuing M.A. course, will IMA allow me as a student candidate?

    2. If I enroll myself at June , can i register for part 1 exam at September?

    • Stephanie Ng says:

      Hi Masudul,
      As long as you have at least 6 credit hours per semester, you are eligible for student membership. Sounds like you can if you are currently taking the MA course?

      Yes I am quite sure you can take the exam in September if you enroll in June. The registration process is very simple. I took me less than half an hour to complete the membership registration, exam registration and payment. You need to arrange sending the transcript/marksheets to IMA but other than that everyone can be done online. Stephanie

      • Masudul says:

        Thanks Stephanie for your response.
        The registration process & the payment procedure seemed complex to me. It will be a great help to me if u consider your time to explain the step by step process ;(registration to completing exam) along with the fees payment.There are no local chapter in my country.

        Thanks & Regards
        Masudul

  • Hussain says:

    hi this is hussain is it possible that i can start cma without bachelor degree i m part qualified acca

  • farooq says:

    what about academic members. They also pay $296 per paper? pls comment soon

  • swapna says:

    Hi,

    I have completed my second group of ICWAI inter and MBA .At present I am in US and thinking of pursuing CMA (US). I checked the CMA US website for membership but I am confused regarding the membership.Can you please suggest me under what membership should I apply for CMA(STUDENT/YOUNG PROFESSIONAL/PROFESSIONAL)?

    Thanks,
    Swapna

  • Ada says:

    Hi, I am planning to take CMA in Dubai but I am curious because I am married and carrying the surname of my ex husband but I am totally separated. My question is do I have an option to use in CMA application my Maiden Name? Because my worry is that if my annulment will be granted and I think it will take time again to change my surname in CMA. Please help me to resolve this issue.

    • Stephanie Ng says:

      Hi Ada,
      I see. I understand that the full name should be the same as the one in the identification, e.g. the passport. Is your name changed back to Maiden name in the passport? Understand this process can be quite tough in some parts of the world…

      If it is a timing issue, maybe you can check with IMA and see if there is a solution to this. Their email is ima@imanet.org.
      Regards
      Stephanie

      • Ada says:

        Hi Stephanie,

        I’m still using my ex husband surname in my passport because my annulment is still on process. But really i wanna take CMA exam for career advancement. I wanna use my maiden name so it will not be a problem or another issue if the annulment will be granted. Hoping you enlighten me with this.

        Thanks,
        Ada

        • Stephanie Ng says:

          Hi Ada, I replied to a comment very similar to your situation before, not sure if it is you… anyway, your registered name has to be the same as that in your ID (basically means your passport). It is best for you to talk to IMA about this, but I think it is easier to change your name in the IMA system later on than having a different one during the exam day.

          It will still take time for you to complete the exam and fulfill the experience. As long as you are able to change that before getting the certificate, it should be ok. Anyway, please double check with IMA if this is the best way to deal with this. I am quite sure they allow surname changes.

  • ryan justin Talavera says:

    Hello Stefphanie,

    Kindly please help me,. Im currently in riyadh ksa, i’d like to take the exam on Jan & Feb 2015.
    my past work experience is Financial Analyst Nov 2010 to Oct. 2012 Dswd philippines,.
    Now im an Accountant Mar 2013 to Mach 2015 Riyadh Ksa. Could this be counted for the Experience Qualification?

    And regarding my Transcript, i have my transcript in Red Ribbon forpurpose of Emplyment can I used this for the Education Qualification?

    Please advise.
    Thanks and regards,

    Ryan justin talavera

    • Stephanie Ng says:

      Hi Ryan, it looks generally fine, and I have answered your questions in several pages. Please see if this is ok. If you have further questions just leave me a note again. Regards, Stephanie

  • prem vasanth says:

    can you please explain policy to allow calculator to exam clearly?

  • jewel says:

    Hai Stephanie,

    Is it possible to pursue my CMA career from Qatar. I am a B.com, MBA graduate; do i fall under the student membership category for IMA? Can i do the registration and payments online, if so can u provide the details?

  • Victor manor says:

    Hi,
    You are really doing a selfless wonderful service. Appreciated.
    I am a international Student from a Indian University. I would like to apply for a membership as well as pay the fees for everything. I was told by a local private trainer stating that i can get the below special promo offer if joined his training course.
    For Students
    Regular Price Promotion
    a) Membership $39 $25
    b) Entrance Fee $120 $75
    c) Processing Fee $15 $0
    d) Exam Part1 $197.50 $125
    e) Exam Part2 $197.50 $125

    Also, that private trainer told that i can avail this promos if i join that private training and make the payment to them. But i prefer not to pay the IMA fees to a 3rd party, however i prefer to make the payment to IMA direclty using my credit card. So can you kindly let me know how to avail this promo offer directly from IMA website.

    Your earliest response on this will be appreciated.

    Regards

    • Stephanie Ng says:

      Hi Victor,
      I would definitely pay the IMA fees directly online. I don’t know about this trainer at all, but I can imagine someone overcharges his/her training product to compensate for this discount offer.

      I don’t know of any IMA discount at the moment, but I personally wouldn’t take the risk. Regards, Stephanie

  • Muhammad Usman says:

    Hi Stephanie – I am working as senior pricing analyst for a manufacturing company in London for last 7 years. My educational background is B.Com from Pakistan and MA Business with Financial Management from a UK university. I am looking forward to add CMA to my skill set.

    Generally speaking how long it takes to pass both levels and I have done some research but found no institutes who run classes here in London. Any information you could share will be helpful.

    KR Muhammad

  • RAKESH SINGH says:

    This is Rakesh Singh from India, I am a commerce graduate (B Com (H), three years regular course) from Delhi university with more than 10 years of experience in finance & accounting domain (while working with MNC companies like GE, Accenture etc.)

    I am keen to enroll for CMA USA certification and recently heard about below IMA winter offer.

    IMA offer: You pay CMA exam entrance fee of 240 USD in Jan’15 and get waived of payment of 2 years of membership fee. You save 455 USD (220+ 15+ 220) USD almost 29,000 INR.

    Could you please guide how this waiver of USD 455 can be availed. I did try exploring IMA portal for the same unfortunately was unable to locate that.

    If you can share the appropriate link as to how I can proceed further for online registration.

  • anand says:

    Hi, Is there a promotional discount available for Exam Fees currently?

  • Jen says:

    Hi, Im currently pursuing CMA right now.

    Just wanted to know, is it compulsory that my work experience has to be 2 continuous years? I have three years of work experience in total but it is not continuous. Its 1.5 – break for a year – then 1.5 years.

    Also I am using the Wiley learning system now. Would you recommend i purchase the Gleim online test bank also? Its an expensive affair but im not too happy with the Wiley Test bank.

    • Stephanie Ng says:

      Hi Jen, I think it has to be consecutive… but best to check with IMA to see if there is any exception. you can email them at ima@imanet.org.

      On Gleim, I would say in terms of learning the concepts, stick with the Wiley Learning System. But if you want to get supplementary practice questions, just get the Gleim test prep. I think it has to come with the books, but at least you don’t need the full Gleim CMA Review System. It’s not a must but I have to say I also like Gleim’s questions a bit more… Cheers, Stephanie

  • Mohamed says:

    Hi, I had accounting bachelor degree and i have 7 years experience in Accounting. My question is, Can i apply to Student membership, if i join academic Diploma in a recognized university?

    Regards,
    Mohamed

    • Stephanie Ng says:

      Hi Mohamed, the student membership is for current student. If you can get a transcript from your diploma, then yes you should be able to apply for the student discount. Otherwise, you may not be considered an active student. You may want to double check with IMA as well.

  • Anjali says:

    Hi Stephanie,

    Thanks for making it all easy!

    I have a questions for you:

    I am a MBA student ( finance) , studying in US. I do not have any finance/accounting experience. Previously, I was QA engineer working in India. Is CMA the right choice to make at this point in my career?

  • Bhavani says:

    Sir,

    I had completed CA Inter and CWA Inter from India. I wanna do this course.

    Can I enroll know

    • Stephanie Ng says:

      Hi Bhavani,
      IMA has a mutual recognition agreement with ICAI so maybe you don’t need to take the exam for this certification. For details please contact ICAI directly: https://ipassthecmaexam.com/cma-in-india/

      Regards, Stephanie

    • Manoj Murlidharan Kumar says:

      Hi! Miss Bhawani, Greetings for the day!

      Self Mr. Manoj Kumar Murlidharan, working in TATA Consulting Engineers Ltd, Pune Office. As of now i am working in TATA Africa Umbrella for Eskom. I had completed my Diploma & Bachelor Degree in Mechanical Engineering and MBA in (Banking & Finance), along with PGd in Energy Management.

      May i know some information that
      1)can i join ICAI CMA on the basis of BE Mech Qualifications.
      2) If yes , can i enter to inter of CMA ICAI
      3) Do you have to complete articleship like CA ICWAI. if yes how much year.
      4) If their is an articleship has to complete, is it to complete before inter exam or final exam.

      Your valuable information will be highly appreciable.

      Mail id and Contact no is given beLow.
      mmkumartce[@]gmail.com, kumarmm[@]eskom.,co.za & mmkumar[@]tce.co.in
      Contact Number – +27742768193 (|Whatsapp also added).

      Kind Regards,

      Manoj MK.

  • Yugal Parmar says:

    Hi
    I am from Mumbai india. I have completed B.COM (Major Accounts) its a 3 year full time course. My question is if I join IMA CMA will I get a status of Student to avail the Discounts ? Please help

  • yonus says:

    I m planning to appear in CMA(Certified Management Accountant) part 1(September exam) and looking for study partner (for group study and to clear my doubts)

  • Dj says:

    Dear Stephanie,

    Thanks for the valuable inputs.

    I have a question. If I fail to take the exam in the 1st year of registration, do I need to register again or can I pay the exam fee after the first year and appear for the exam in the second year.

    Thanks a lot.

    • Stephanie Ng says:

      Hi Dj, you only need to pay the exam fees (the $395 one) again. You can keep doing that for 3 years until you need to “re-enter” the CMA program and pay the program entrance fee. Regards, Stephanie

  • Safiullah Ameen says:

    Hi Spephanie,
    Thanks for you effective efforts, I am living in Afghanistan, i am studding business with specialization in finance and accounting and it is my last semester and since 2014 I worked as finance officer and audit assistant. I want to Start CMA but I am confused to go for ACCA or CMA could you please advise and as well I did not find any CMA exam center in nearby except India and UEA.

    Thanks and best regards
    Safiullah Ameen

    • Stephanie Ng says:

      Hi Safiullah,
      Thanks for your note. I am not sure whether ACCA or CMA is more prevalent in Afghanistan… it is probably better if you do some “market research” on this before proceeding. Both qualification is valuable but their recognition really depends on the region.

      To locate the closest center in your area, please follow the steps in this post: https://ipassthecmaexam.com/cma-exam-location/

      Regards, Stephanie

  • Catherine Kilgore says:

    Stephanie, I’m a little confused about what you call the CMA program. What do you mean by the “CMA program”? Also, does a person need to pay all the fees to the IMA even before starting to study for the exam? I am just starting and it will take me a while to prepare for the exam. I am planning on purchasing one of the CMA exam prep programs and when I am closer to being ready to take the exam, will then pay the fees to the IMA. The costs involved are quite a lot, and this would help me spread the costs out over time. Thanks for your website! Lots of information learned!

    • Stephanie Ng says:

      First of all, yes you can certainly study first and pay all those fee when you are ready for the exam. The only thing is to make sure you are eligible, otherwise it will be a complete waste of time in the studying.

      On the CMA program, that’s their technical term, essentially meaning you are willing to commit yourself in taking the exam within 3 years. It is confusing because the IIA doesn’t send you any study materials or run courses that you typically expect to find in a “program”. Anyway, as long as we understand what we are getting into, the term doesn’t matter that much. Hope it helps!

  • Heera says:

    hi stephanie,
    i currently live in uae and have passed the cma exam & completed the experience requirement,i was wondering whether international candidates can be considered qualified cmas even if they do not renew their ima membership after a few years?

  • Tijo Scaria says:

    Hi

    I would like to pursue CMA for my further career . I prefer Self study, from where will i get self study material online.

  • Deepak Chandran says:

    Hi Stephanie,

    Thanks for being here to provide us valuable informations.

    Iam a Middle level financial Proffessional hailing from India, working in Dubai. Iam planning to do CMA. But now iam little confused on where to do CMA? What is the main difference between doing CMA in Dubai & in India? Which is more valuable? Which could be more helpfull for my carrer and why?
    Kindly advice.

    • Stephanie Ng says:

      Hi Deepak, the CMA is a global qualification, so it doesn’t matter where you take the exam. It’s supposed to be the same in terms of difficulty.

      But one advantage of taking the exam outside of India (besides being more convenient for you) is that you should be able to apply for ICWAI membership if you choose to, as there is an agreement between ICWAI and IMA. Please refer to this post for more details: https://ipassthecmaexam.com/cma-ima-vs-icwai/

      Regards, Stephanie

  • RAFI says:

    Hi Stephanie,

    what is the time limit/validity of regiatration

    • Stephanie Ng says:

      Hi Rafi, not exactly sure if I understand your questions, but if you mean whether this is a deadline for you to complete the 2-part exam, you will have to pass both parts within 3 years, counting from the day you join the CMA program (not the IMA membership, but when you pay the entrance fee).

  • Chrissy says:

    Hi Stephanie:

    Do you know how much it costs to renew the IMA membership each year ? I know its $235 initially for a professional, but is it this much every year thereafter ? Thank you.

  • Thamer says:

    Hello Stephanie
    Tank you for the great efforts , my question is, should the cma certified keep being a ima member to have valid certification?
    Thanks 🙂

    • Stephanie Ng says:

      Sure Thamer. Yes you do in order to keep the certification active and call yourself a CMA. Cheers, Stephanie

      • Thamer says:

        Thank you Stephanie, isn’t it hard to keep paying for membership long-life to validating your certification 🙁 , is that normal comparing with other professional certifications like cima, cpa, mba, etc. , as for academic certifications like MSc. you don’t need to have a membership any where to validate your certification. I know there are another benefits for ima membership, but why I’m forced to have it.
        I’m not arguing you I just would like to have your advice….Thanks again and Best Regards

        • Stephanie Ng says:

          Hi Thamer, not sure about CIMA but CPA has license fee to be paid every year. MBA is a degree, not a certification. I see the membership as a way for IMA to have the resources to promote the CMA brand. I understand the amount could be quite a bit in other parts of the world, but I can’t imagine a professional accountant in the US who can’t afford this… unless, this person doesn’t think IMA provide value, if that’s the case then it’s better for this person to dissociate from IMA and not call himself as CMA.

          Just my opinion. I don’t run the IMA and I do pay the full membership fee every year 🙂

  • soumya says:

    Hi Stephanie,

    Thank you so very much for the valuable information. It helps a lot & provide guidance for the aspirants. I am a distance education M.Com (post graduation degree) student of an Indian Institution. does that CMA fees & other cost applicable to student , applicable for me or not?

    Thanks a lot.

    • Stephanie Ng says:

      Hi Soumya, thanks for your note and glad you find the info helpful. I think the student discount should count in your case, as long as you are taking at least 6 credit hours in a semester (typically it means 2 classes in a semester). But I would double check with IMA just to make sure. They can be reached at ima@imanet.org. Good luck!

  • jonty says:

    hi stephanie i m recently qualified icwa (india)2015 i have future planning to go to abroad for further study for professional degree.i did b.com in 2010.m i eligible?someone said to me that icwa is part time study and considered as gap period

  • Rajib Saha says:

    Hi stephanie, At first I express my gratitude for the great service your providing to enlighten us about CMA. I am currently in service( Banker). I look after export import trade and having branch banking experience. Will CMA add value in career.?
    Regards, Rajib

    • Stephanie Ng says:

      Hi Rajib, you are most welcome! I would say yes, but in a lesser degree than manufacturing jobs, because the costing analysis (a heavily covered topic) is mostly applicable to production and manufacturing companies. CMA is also useful as you move up to strategic planning / COO type of positions in big companies. Hope it helps! Stephanie

  • Deepak says:

    Hi Stephanie,

    I am working in one of the company and I get time only during weekends. So I just wanted to know, how many hours of study required to crack CMA.

  • Vishnu says:

    Hi..I just want to know if there’s any penalty for not appearing in exams after confirming appointment at prometric center. Thank you

  • Ann says:

    Sir, is CMA is beneficial for getting jobs in UK and US?

    • Stephanie Ng says:

      Hi Ann, there is always some benefit especially for the US market, but CMA (or any other qualification) can guarantee a job in either places. Regards, Stephanie

  • Vishnu says:

    Hi, I just wrote paper 2 in February 26,2016 but I didn’t get 50 percent for multiple choice questions…I have registered under student scheme and I have purchased bundled offer which said 2 exams per window.When I asked IMA they said I have to register paper 2 again for writing in next window paying full amount. Can you guide me what to do

    • Stephanie Ng says:

      Hi Vishnu, I am not too sure what you mean, but the bundled offer usually means Part 1 and Part 2 in one testing window (guess it is what you mean by 2 exams per window). If you need to retake Part 2, then IMA is right in that you need to register and pay again for the second Part 2 you plan to take in the next testing window.

      Regards, Stephanie

  • Akash says:

    Hi Stephanie,

    What are these review courses? Could you please elaborate.

    Thank you

  • aparnna says:

    Hi Stephanie,
    When should we pay the entrance fee to IMA, do we need to pay membership and entrance fee together? Shall we start our preparation through IMA approved course provider and later pay the entrance fee, or is it like if we want to join any IMA approved online course provider, we should pay the entrance fee to IMA first? Could you please explain the process?

    many thanks

    • Stephanie Ng says:

      Hi Aparnna,
      Yes you can do that. I also think it’s a good idea (as long as you know you can qualify) because there isn’t a need to study in a rush to meet a certain exam date.

  • nivas says:

    hi Stephanie, i have just completed b.com, MBA or CMA will benefit more in my future ? I want to be an accountant….

  • Mily Moyalan says:

    I’m from India and I’ve just completed my B.Com degree. I do not intend to go abroad to work or study, so can you please advice me if doing a cma certification or cima certification is more valualble for a career?
    Also if the annual membership fee is not paid regularly will the certification become invalid?

    • Stephanie Ng says:

      Hi Mily, I am not sure how prevalent the CIMA certification is in India, but for CMA, it is useful mostly in multinational companies, and typically in manufacturing companies. IMA is aggressively building up its presence in India but for now I can’t say it is as useful if you work in smaller, local companies.

      As for the annual membership, yes you have to pay the fees every year in order to call yourself a CMA.

  • Syed says:

    Dear Madam,

    Yesterday I registered in IMA and got the memebership number. I am from Qatar and presently there is a discount of 50% in IMA entrance & Professional membership fees. Unfortunately I didn’t use the promo code and ended up paying full fees. Is it possible to get the discount amount back ? So that I can use the amount for paying exam fees. Do you have any idea ? Please let me know it will help me a lot.

    Thanks

  • Harsh Khanna says:

    Hello, I live in India but want study CMA in US . So please tell me completely about the whole process. Right now i have given exams of graduation last year.

    • Stephanie Ng says:

      Hi Harsh, you are most welcome to take the CPA exam, but you can simply take it in India. In case you want to ultimate goal is to go to the US, this may not be the best solution… Regards, Stephanie

  • Aparna Mehra says:

    Hi I enrolled for CMA course and paid both IMA membership fee and CMA entrance fee but now I want to change the chapter selected earlier. How do I do that?

  • Between phawa says:

    Hi..i want to study CMA..im staying in Shillong.but i haven’t wrote any exam.i want to know..in what months did they wrote the exam of foundation..im just passing my 12 exam..

    • Stephanie Ng says:

      Hi Between Phawa, the CMA has a different system and doesn’t have foundation courses. It also requires a bachelor degree although you can take the exam while in university. With that you may want to explore the CMA at a later time. Regards, Stephanie

  • BHALCHANDRA says:

    Hi Stephanie,
    I want to appear CMA examination from outside India. I am staying in Mumbai, India.
    I would like to appear CMA examination in June 2016 but I could not found available seats at Nepal location.
    Could you suggest any other best nearest & economical location from Mumbai India.

    Thanks
    Bhalchandra

  • Felicia Howard says:

    Hi Stephanie,

    This article was really helpful. I enjoyed reading it.

    I am thinking of pursing a CMA or CPA certification. I currently work as a senior accountant in the nonprofit industry. I have always worked in corporate finance. I do not have an interest in public accounting. I know I need to get a certification to further my career into management. Can you tell me if you think CMA or be better or a CPA? I graduated with 128 hours with my Bachelor’s degree and I know I need 150 to obtain my license. Although, I can sit for the exam with the hours I have. Any suggestions would be helpful.

    • Stephanie Ng says:

      Generally speaking, people recognize CPA more, so if possible, I’d get a CPA. I know CPA stands for public accounting but in reality it is seen more or less like a general accounting qualification. CMA is good too but it is likely more valuable if you work in an industry with quite a bit of costing analysis. Manufacturing is a good example. Nonprofit and other service-oriented companies are less so in my opinion.

      I know IMA doesn’t see it this way but at least it is my observation and I think it reflects how things are fun in the “real world”. Hope it helps! Stephanie

  • Hasan says:

    Hi,
    I am Hasan from India. I have completed my B.COM this year and is looking for a career in Accountancy as I have immense interest in it. I have few questions in my mind for which I desperately a conclusion. Those are as follows:
    1- I checked IMA’s website and their program’s details, I wanted to know can I successfully pursue the course(CMA) sitting in my home, Online?
    2- What would be the total fee of this professional course along with the duration?
    3- Will I be getting any placement assistance from The IMA after successfully achieving the certification?
    Hoping for your answers as soon as possible.

    Thanks.

    • Stephanie Ng says:

      Hi Hasan,
      1. Yes, you can take the self-study online courses at home. In fact, most people do that in the US. To physically sit for the exam, you need to go to a prometric center. These centers are available in major cities in India.

      2. Please refer to this page: https://ipassthecmaexam.com/cma-exam-fees/

      3. No. Generally this is not an option for US professional exams. You need to find your own job but getting the experience is part of the certification requirement.

      • Hasan says:

        Thank you for your time and effort.
        I have one more query, do IMA provide in class training or teach in class personally?
        Pursuing CMA online will leave me with a lot of doubts, and if I pursue the course offline or face to face then it would be much easier to clear the doubts at the very moment.
        Please help me out with this.
        And, how to apply for the course in IMA from India?
        Thanks.

        • Stephanie Ng says:

          Hi Hasan,
          No they don’t officially hold class trainings, but there are centers that use the self-study courses and add on their own lectures. While I am sure there are great lecturers around, I receive too many venting emails from readers who got pretty lousy lecturers from various coaching institutions. I don’t want to bad-mouth any institutions because of a couple of bad lecturers, and it is hard for me to track them so you have to do your own thorough research to make sure the lecturer has good reputation.

          Just to let you know, the self-study courses have mentor hotline or personal counselor support for students to ask follow up questions.

          Best of luck! Stephanie

  • Noman Nadeem says:

    Sir I am Noman and also pakistani I want to mention you that I have passedy intermedite and I am the student of b.com part 1 and I have intention to do CMA from ICMAP,I teach in my area school also home Twition and my family condition is not as good so I bear my all expenses myself even I also give half of my salary in my home so please please give me tips according to my calliper
    Thanks

  • AYAN KUMAR SAHA says:

    Hi Stephanie, Thanks for sharing the course fee along with in details. Your systematic explanation about course, fees, suggestion and at the same time personal struggles, limitation and motivation to coup up with those obstacle, really encouraged me to feel “Yes, I can also do it as a family person.” Being a first time blogger in your site, I would like to know: 1. Can I first complete the course in Self study mode from Gleim CMA and then enroll in IMA? 2. Since it is mandatory to take IMA membership before enrolling into CMA exam, do I really need to continue to be remain as member of IMA by paying annual membership fees every year even after passing all the levels in CMA. How this IMA membership will help me in my professional promotion within the organization/industry? If I do not pay, what will be the impact? Hope to hear from you soon.

    • Stephanie Ng says:

      Hi Ayan,
      Thanks for your question. It’s a good one that I often get from readers through email. First of all, yes, you can take Gleim or other review course first before joining the IMA. Besides saving a couple months of membership fee, some feel like they aren’t being rushed to take the exam before they are ready. But just don’t schedule too late in each testing window because the test centers do get full in some popular locations.

      On whether you need the membership thereafter, yes, you do. Once you become the CMA, you can’t call yourself one unless you are a member. See this as a cost that we all need to pay for IMA to promote the certification for us. I understand due to different cost of living, the $200+ annual membership fee could be very costly in certain countries. It is a valid point and one should give it a good thought before jumping into this program.

      In terms of how IMA can help, in reality they don’t offer customized help on individual level, but they do a lot of work in overall promotion of the brand around the world. They seem to be focusing on building India right now, for example.

      But there are benefits you can get as an individual if you take the initiative. You can read how some of my bloggers take advantage of that.
      Here are two: https://ipassthecmaexam.com/cma-certificate-number/

  • Rahul says:

    Hi

    My name is Rahul Kumar from India (Delhi) and working as Sr. Manager in a KPO/BPO. I have 11 yrs of exp in Accounts Receivable & Payables and MBA – Finance through distance learning. I am thinking to do the CMA course.
    So wanted some guidance & answer to below questions:

    How this course will help me to grow in my current domain
    Fees?
    Course duration
    How to register
    Do you accept payment through Credit card
    Will there be some classroom training in Delhi (India)
    How the study material will be sent to me
    After completion in which domain I can hunt for a job like Record to Report, Accounts Receivable , Accounts Payables or etc?

    Regards
    Rahul Kumar
    +91 9654413161

  • Arjun says:

    Hello there, my name is Arjun and i have completed my MBA Finance from Amity University Distance Learning. i have a year and a half experience in Accounts domain. now, i am planning to Do CMA. but i am slight confuse between CMA and CIMAI. Which one will good for me. as per my Qualification.
    Please, help me for the same.

  • Bhavya.S says:

    Hi,

    My name is Bhavya, completed my MBA and has 5 years of work experience in Finance field. wherein my work involves, forecasting budgeting and variance analysis, revenue recognition and more. Now I wanted to study further more so thought of pursuing CMA or is it good to do CPA? which you think is better and will be benefitial in terms of future.

    Also wanted to understand complete details about CMA & CPA..if you good share the details will be very much helpfull.

    Appreciate your time on this.

    Thanks:)

  • angelica says:

    hi mam/sir.

    im looking for answers/help. i’m a senior student( 4th year) form university of baguio phil. taking up a BS-Business administration major in financial management, i want to know if i can take the CMA exam even though that my major is financial management? i’m really interested to take this exam for my future benefits. please reply. thank you very much.

    • Stephanie Ng says:

      Hi Angelica, sure you can! It is open to bachelor degree holders (or current students) in all discipline. You might need to spend more time on the accounting side though, but the review courses should be able to guide you.

  • sonajai Marma says:

    Dear Stefanie,
    I am sonajai Marma from bangladesh, I m completed BBA honors major in accountancy and also I completed B.Com.But now I want to study CMA. But I don’t know about CMA. How I will be start? Now at present I also doing a job. So can I continue job and study at together? Because with my salary I need to study. otherwise my parents can’t survive my study fees. so it’s possible or not please tell me…..

  • Sonajai Marma says:

    Dear Stephanie,

    Please reply my comments.

  • Emad Abdo says:

    I f i want to start with you but I already paid the membership fees in addition to Part2 CMA exam fees,so how much I have to pay to start with you.
    By the way I wil attend CAM PART-2 exam on 26 oct 2016.
    Thanks

  • Sayed Ali says:

    If i create a membership from november and i want to attend the cma part a in june is it possible ..

    If i create a member from now i can attend the cma exam over 1 year ?

    Materials gliem .. is it participate for 3 people or only for one person

    • Stephanie Ng says:

      Hi Sayed, you can certainly join as a member and take the exam more than a year later. The only thing is that you have to pay the membership again after one year (so for most people they wait until they are almost ready to join the CMA program).

      On Gleim, the performance tracking will be all messed up if there are multiple users. It’s very important to track what you have done right/wrong in the practice questions so I wouldn’t advise sharing access at all. Hope it helps! Stephanie

  • Sayed Ali says:

    There is any advice to give it to me to pass th cma .. how to study gleim .. there is techniques will help me to pasa

    Thanks
    Sayed ali

  • amr says:

    Hi dear,
    could you please explain the difference between young professional and regular category specially on the IMA membership fees for the candidate who is out of us and north america and the option of going with young membership is available for all countries or only for the us and north america candidates.
    Regards

  • Sarath says:

    Will I be eligible for he student discount if I take the exam after my B.Com ?
    Regards,
    Sarath

  • Arvind says:

    Hi Stephanie,

    Really appreciate the work you do on this blog- personally find it super helpful. Thank you so much.

    I am planning to write both parts in the May-June testing window. Does the IMA offer a discount for writing both in the same window? I am going to do this regardless, but would like to know.

    Cheers!

    • Stephanie Ng says:

      Hi Arvind, thanks for your note and your kind words! IMA used to have that ($100 off I believe) but no longer as far as I know. You may want to double check by emailing them.

  • Sarath says:

    Can I do my CMA durinh the first year of BCom?

    • Stephanie Ng says:

      Yes Sarath, although in order to get the CMA certification, you’ll have to accumulate two years of full-time work experience. You won’t be able to do that until after university.

  • Vaibhav vemparala says:

    Hi Stephanie,
    I am working in a company since 2 months and also pursuing post graduation which will give me learning credits after completion. Am I eligible to register as a student for the CMA course?

    Thanks

  • ankul chhetri says:

    Hi Stephanie
    I am going to Canada for a job .
    Basically from India.
    Do I need to take admission in Canada if I want to give exam their.
    And more thing did CMA have any validity in Canada if I want to switch over the job.

    • Stephanie Ng says:

      Hi Ankul, my site only covers the US CMA exam. Canada has their own version of accounting qualification, known as CPA (Canada). You may want to check that out. Regards, Stephanie

  • Hakim says:

    Hello Stephanie,

    Your page is extremely helpful. Thanks for the great help.

    I get emails from CMA coach Nathan Liao and his emails are quiet convincing. However I want your suggestion before subscribing to his academy. Also, do you have any knowledge whether he has his own published books or the matter is taken from wiley, hock or gliem?

    Appreciate your kind feedback.

    Thank you,

  • Manoj Patil says:

    Hi, Stephanie
    I was just checking blogs response above which are all well answered for these reason I choose to write to you.

    Still these course is new.
    1) currently I am CMA from India and have total exp of 6+ years.
    2) secondly I have heard of CIMA London and CMA US is there any affiliation between two.
    3) which of the two would be best for my career.
    4) Is it compulsory to have CMA US to work/ practice in US
    5) What would be exemption or procedure for me to get accredited with US CMA.as a current CMA of India.

    Pls send any soft copy of course Brochure. I represent few of friends which are having similar qualifications and near about Experience.

    Best Regards
    Manoj

    • Stephanie Ng says:

      Hi Manoj,
      Thanks for your note. First of all, if you are a member of the ICAI (formerly ICWAI), then you can take good use of the reciprocal agreement to obtain the US CMA certification. Please check out the info here: https://ipassthecmaexam.com/cma-ima-vs-icwai/

      You are probably all set. But to answer your remaining questions:
      2. No, they are more like competitors. CIMA has an affiliation with AICPA (related to the US CPA exam)
      3. It depends on where you’d like to work and which type of companies you’d like to join. More info here: https://ipassthecmaexam.com/cma-title-for-career/
      4. No. In fact, we shouldn’t expect that any professional qualification can guarantee a job, either in the US or elsewhere.
      5. Yes, as mentioned above.

  • farooq says:

    hi i am farooq from pakistan i want to ask that if some one dont success in first part of the exam so how much fee of first part in second attempt or there is any discount available.

    • Stephanie Ng says:

      I think it costs the same in terms of exam registration fee. But you don’t need to pay the CMA program fee (because you are still in the program. It is valid for 3 years).

  • Meenakshi Bhattad says:

    Hi there,

    I plan to pursue CMA. And now I am confused about my application status.
    I have done my B.com and CA from India. For the past 2 years i am working in US.

    Please advise.

    I wish I could qualify to be considered a student, saving a lot of money.

  • Sayalee says:

    Is it compulsory to make payments by credit card.

  • Hetvi says:

    Hi! I’m from India and i have heard that if i chose Nepal or Dubai as my examination center i would pursue ICWA along with CMA degree, is that true?

    • Stephanie Ng says:

      Hi Hetvi, I am not sure what this is, but there is a mutual agreement between ICWA and IMA (US CMA) that one can get the ICWA certification as a CMA certification holder but this person must have done the CMA program outside of India. This agreement is meant for Indian candidates who are currently living / working outside of India. Because of this, I don’t try to teach people tricks on how local Indians can do that, but if you figure out a way, sure 🙂

  • LIN says:

    Hi, I’m a student from Australia. When I start to enroll in the CMA program, the step 2 asked me to choose a chapter between a) UK chapter, or b) large chapter.

    I’m confused and what choice should I make?

    • Stephanie Ng says:

      Is it… ? LOL
      I guess they don’t have that many CMAs there. I would probably pick the large chapter, but you can email IMA for their suggestions. They are generally very helpful. Regards, Stephanie

  • Michael says:

    Hi,

    Regarding the CMA Entrance Fee of $250.00, is it a one-time payment or it expires for a period.
    I paid it last December 2016 when I scheduled my part 1. If I will schedule for my part 2, do I need to pay $250.00 again?

    Thanks for the help.

    Michael

    • Stephanie Ng says:

      Hi Michael, as long as you are still within 3 years of paying that entrance fee, you don’t need to pay again.
      But if one cannot pass the two parts within this 3 year period and wants to do it again, then he/she has to pay this $250 again.
      Hope it helps, Stephanie

  • Ram babu says:

    Hi stephanie,

    I am from india,pursuing 2nd year bachelor’s in commerce.
    Is it true that ima issues big discounts for students registering for cma exam.
    When can we if such discounts are offered.
    Is there any prerequisite to get it.
    How much fee will be deducted from $849 fees,if i avail such discount.

    • Stephanie Ng says:

      Hi Ram, discounts are usually offered for specific regions (e.g. middle east) or a specific segment of candidates they are targeting at the time. They don’t seem to give out general discounts nowadays, but if I get one I post it on this page:
      https://ipassthecmaexam.com/cma-review-discounts/

      I believe once you become an IMA member, they have a discount code in the printed version of the Strategic Finance. So watch out for that as well. Regards, Stephanie

      • Ram babu says:

        Thank you ,for your generous reply.

        Can i be nominated by my professors for the student scholarship offered by ima,as i have recently completed 2nd year bachelors.and ima preferring 3 rd year of bachelors.and the deadline being june 1st.
        Another one,
        How many times does the ima issue scholarships to students ler year.

        Regards
        Ram babu.

  • Anand says:

    Hi Stephanie,

    I am from India and would like to pursue CMA. My question is how this will benefit me locally and internationally compared to Indian CMA. Or is it worth doing Indian CMA over US CMA. I will be completing my MBA in another 4 months and I am a Graduate with 12 yrs. of experience in Investment/Custody Banking and Reporting. Please guide.

    • Anand says:

      And one more question –
      What if I would like to pursue for US CMA. Please guide me towards the coaching centers, links, fees, discounts etc. Because I have heard that CMA usually gives the discounts to registering students.

    • Stephanie Ng says:

      Hi Anand, thanks for your note. I have to say that locally the Indian CMA is likely better, as in other parts of the world, the local qualification is the most relevant for local companies. But if you are looking to work in multinational companies or a chance to work outside of India, then there is a difference. Outside of India, I would say that the Indian CMA is of little use (in my own humble opinion). So it really depends on your future career plan. Hope it helps! Stephanie

  • prashant says:

    You can call me naive. In my enthusiasm of getting a professional degree, I completed my CMA in less than 7 months. Now the burden of annual membership fee plus CMA maintenance fee (230$+30$) plus complying with 30 hr of CPE annually is overwhelming. I m yet to see benefit from the certification.

    • Stephanie Ng says:

      That’s a very valid consideration… esp if candidates get this done before getting a job. I should find a place to mention this to readers. Thanks for sharing Prashant.

  • ashok k bhatt says:

    dear sir, i am moving to the us in a couple of months. could you kindly let me know that is there a cma institute in the state of Minnesota as i will be staying there throughout my stay there. kindly provide me the full address plus the contact no of the institute in case it is there/
    thanks
    ashok

  • Balaji says:

    Hi Stephanie,
    I gone through all above mentioned comments and your valuable reply too. I need to get clarify 1. About member fee concern I have to pay each and every year after secured the certification or doing the course also?. 2. Here I visited a center named miles education nkow my question is, I have to join there or attending your mini e-course is enough to secure my CMA kindly clarify me

    • Stephanie Ng says:

      Hi Balaji,
      Thanks for your note. On your questions:
      1) that’s right please expect to pay the membership fee (and CPE course fees once you become a CMA) every year.
      2) Miles is one of the commercial coaching places for various certifications. You don’t have to go through them. In the US (likely most places outside India), candidates simply apply through the IMA for the exam and get online courses directly from the IMA recommended providers, that is, Wiley and Gleim.

      I don’t have specific comments on miles but I generally recommend candidates to check out the online courses first. Please find further discussion on this topic: https://ipassthecmaexam.com/cma-online-coaching-vs-live-class/

      And lastly, on my mini course, it’s more of an introduction and tips on this exam. It’s free and with a different purpose so can’t really be compared with the courses above. At least there is no conflict of signing up to my mini course with taking any of the course from the providers mentioned. Hope this helps! Stephanie

  • RAVI says:

    Dear Stephene,

    I am a student and wanted to register for CMA USA program. But I wanted to take exam outside India in Jan/Feb 2018 Window. Hence I have 2 questions

    1) When would be ideal time to register for Jan/Feb 2018 exam window in order to avail discount
    2) I wanted to take exam in 2nd week of Feb 2018. Can we able to specify a date range between which I need to attend or we need to sit for exam based on IMA’s scheduled date?
    3) For students CMA entrance fee is $188 but it is $289 & exam fee as when I trying to register for CMA USA Please clarify. Any changes being done recently?
    4) When I am writing exam Outside India – do I need to select chapter at large is it? Does the center selection after making the payment
    5) When I am setting my profile I am unable to find my university or my college. Is it mandatory field

    • Stephanie Ng says:

      Hi Ravi, thanks for your note.
      1. The discount offer is pretty random and from my observation, they are mostly given to Middle East candidates.
      2. You can pick your own date (Mon to Fri, some centers open also on Sat) at your preferred exam site.
      3. There are two layers of fees: entrance fee and then the exam fee for each part. Maybe that’s what you mean?
      4. I wouldn’t worry about the chapter at this stage. The same certification is granted regardless of location. Payment is made to the IMA headquarters.
      5. If you can’t find your university, you may need to arrange a credential evaluation report. Please email IMA for details – they usually respond quickly.

      Good luck! Stephanie
      5.

  • lakshmi says:

    hi stephanie,

    your article was really helpful. although some guidance would be really helpful. could you explain me the “Membership Fees”? when is it to be paid? Annually after completing the CMA course or annually after registration with IMA.
    Also, I’m a graduate from a recognized university. so will i fall under the Student category or the Regular category? will the category differ if i opt for masters course simultaneously?
    looking forward for your reply.
    take care.

    • Stephanie Ng says:

      Hi Lakshmi,
      Thanks for your note. To answer your questions…
      1. membership fee is the fee you need to pay to join the IMA. You have to be an IMA member to take the exam. So consider this a mandatory cost.
      2. It needs to be paid when you commit to take the CMA exam, because you can’t apply before becoming a IMA member.
      3. The student discount applies to current students only. All others (pretty much mean university graduates) pay the regular fee.
      4. If you take a master’s program and becomes a current student (at least taking 6 credit hours in the current semester), then yes you are entitled to the student discount.

  • Rajat says:

    Hello,
    I am a student member at ima and recently have dropped out of college and i have passed one part of my exam. Now if i have to change my memebership to professional will it effect my exam taken?? And what is the procedure to go to change the membership?

    • Stephanie Ng says:

      Hi Rajat,
      You just need to pay for the regular membership fee next time it’s due. But would you be able to fulfill the education requirement (which requires a bachelor degree)? It’s better to check with the IMA on the impact of the drop out. Regards, Stephanie

  • Ram says:

    Hi Stephene,

    Thanks for your inputs

    Let’s say that I have enrolled into a student membership by doing distance mode MBA , due to time constraints , I’ve focused on the CMA exam and cleared it but not passed the distance mode MBA course.

    Will the above scenario affects the CMA certification

  • Hall says:

    I am in need of urgent House Helper and Driver in USA. contact me if Interested along with Resume. roberthandersonhall500(@)gmail .com / andersonhall939(@) gmail .com

  • Reddy uma Krishna Kumari says:

    Sir my name is krishnakumari.i have doubts abt us cma fees.i am not entered till now then i am student or regular

  • Beatrice Tsang says:

    There’s a $15 annual maintenace fee in addtion to the $245 membership fee every year.

  • Abdo says:

    Hi there!

    How much time i can delay for those payments, i mean the entrance fee and the exam fee as i suppose could be paid before 5 days from taking the exam part? and i think that will apply for the membership fee as a result or is there some of the written fees above should be paid before even begin to study or along with studying the exam?

    Thanks for any answer.
    /Abdo

  • Aiyan says:

    i want to use a discount code for registration and membership and exam entrance fee to appear for cma part 2 exam from Kuwait provided by my colleague but he says if i use this code i can only give exam from Egypt and not from my current location which is Kuwait.

  • ingrid says:

    Hi Stephanie!

    I am a graduate of BS Accountancy in the Philippines. I read from one of the comments that even you are currently pursuing your undergrad you can already take the CMA Certification? So in that case, even if I don’t have work experience yet, can I already take the CMA exam?

    Thank you!

  • Abdul Rahman says:

    hi
    Stephanie at first I want to thanks you for information which you provided then I want you to give me an information to choose weather I start ACCA or CIA .
    I am recently graduated from BBA(finance) in Afghanistan
    best regards

    • Stephanie Ng says:

      Hi Abdul,
      You are most welcome, and I am so glad to hear from a reader from Afghanistan! Please let me know if there is anything I can be helpful. Regards, Stephanie

  • Suraj Rana says:

    Dear stephanie,

    Is there any promotional code for CMA exam p-1 for coming May -june 2018 windows.Also can i pay exam fees by debit card to ima.

    From : Rana

    Dubai chapter

    UAE

    • Stephanie Ng says:

      Hi Suraj,
      There are occasional promo code for the Middle East region, at least that was common a few years back. Could you check their facebook page? Sorry I don’t check it regularly because these codes are only valid to one region and I try to cover updates for all regions. Thank you! Stephanie

  • sandeep says:

    Hi,

    Can you please share the detailed process & link to enrol for CMA, and stage wise fees payment to be made or is it to be paid in lumpsump.

    Does the syllabus keeps changing frequently? I meant can I study the books first for one year first and then based on my comfort level register for the course and give exam.

    What would be the approx. cost in india with & without review course?

  • VIJAY KHANCHANDANI says:

    Dear stephanie,

    currently i am pursuing Cost Management Account in Final Year after then i want to start CMA US so can you tell me how to start this course from india and what types of expenses will be there.?

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