I Pass The CMA Exam!
Shares

CMA Exam Pass Rate: What the Latest Statistics Mean to You

Shares

Did you ever have the impression that the CMA exam is easy (or easier)? If you look at these CMA exam pass rates, you will be surprised.

Latest Statistics

The IMA seems to have stopped releasing CMA exam pass rates in recent years. Looking at past statistics, IMA releases CMA exam pass rates by exam parts in a 9-month period:

Jan to Oct 2015 May 15 to Feb 16 Sep 15 to Jun 16
Part 1  36%  35% 35%
Part 2  55%  52% 50%

For Part 1, it stays more or less the same every year. Part 2 pass rate increased to 55% in 2015, but slowly got back to the 2014 level by mid 2016.

CMA Exam Pass Rates Relative to Other Qualifications

One of the most popular questions I got from reader is: how is this CMA pass rate compared to that in other accounting qualifications?

Contrary to common belief, the overall CMA exam pass rates are lower than those of the “most difficult exams”, such as CPA and CFA. It is much lower when compared to some niche qualifications. For example, the enrolled agent exam pass rate was 61 to 86%.

Should we conclude that the CMA exam is more difficult, or are other reasons? Let’s take a closer look.

CMA Exam Pass Rate Analysis

We only have regional statistics up to Oct 2015. Here is the breakdown and analysis:

CMA exam pass rate 2015

Source: SF Magazine (Sep 2016)

We analyze the performance in Part 1 and Part 2 in more detail.

CMA Exam Pass Rate: Part 1

part 1 cma exam pass rate 2015

The worldwide pass rate is a rather scary 31%-35% in this 4 year period, but if you exclude Middle East, the statistics looks much better. It is quite obvious from the above that if your native language is English or you have a chance to learn English in your country (notably Europe, and to a lesser extent, Asia), you have a higher chance to pass.

I don’t have details on the sudden jump in Asia pass rate. It is likely that the IMA counted the pass rate of the local language (63%) vs English language (56%) among Chinese candidates, or the weighted average figure. They represented the vast majority of Asian candidates in 2015.

Why English Could be a Major Factor in Pass Rates

The CMA exam tends to have wordy and complex questions which could be a challenge for those with slightly weaker comprehensive skill in the English language. Also, the CMA exam comprises not only multiple choice questions but also an essay section that are graded by human examiners.

One evidence can be found in China where candidates can choose to take the CMA exam in English or in Chinese, as mentioned above. The 7 percentage point difference is statistically significant.

In light of this, international candidates should therefore work on practicing English writing as part of the exam preparation.

CMA Exam Pass Rate – Part 2

The data reveals that the pass rate of Part 2 is considerably higher, and even more significant in the non-English speaking regions.

The year-on-year improvement is also encouraging, with the Middle Eastern region reaching all-time high of 45%.

What We Can Learn from These Passing Rate Statistics

Before these low pass  rates scare you away, let me try to explain how we can analyze the data.

1. Diversified Pool of Candidates

First, while CMA exam welcomes candidates from all over the world, the exam format is US-centric. Candidates outside of the US may not be familiar with how the multiple choice questions are written and also, if their native language is not English, it is hard to score well in the essay section.

2. Low Barrier of Entry Attracts Casual Takers

Second, IMA (the exam administrator) makes it very easy for anyone with a bachelor degree to apply, unlike, for example, the CPA exam where candidates must take a substantial number of accounting and business courses.

The low barrier of entry attracts candidates who just want to give it a try. These casual takers do not invest sufficient time, money and effort to properly prepare for the exam.

What Does It Tell Us?

  • If you have a good command of English; or
  • If you work hard and do lots of practice questions to get familiar with the style of the multiple choice questions…

… your chance to pass the CMA exam is much higher than this average statistics.

Here is a Summary in Video Format

I go through the analysis with more pictures and charts in this video:

Now, How do YOU Increase Your Chance of Success?

Don’t miss my mega post on the ultimate CMA exam prep guide, with 50 actionable tips to help you nail the exam!

multiple-choice-test-taking-tips

For more information and updates on the CMA exam, please consider signing up to my e-course which is completely free. You can learn about the mini-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!

Please rate this

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.

follow me on:
  • ibrahim elhelw says:

    could you please, help me to get a course make me good in English ?
    cause I think that language is the only problem that faces me and thank u so much for mini course because it help me so much to understand some points I couldn’t understand.
    THANK U SOOOOOOO MUCH

    • Stephanie says:

      Hi Ibrahim this is a tough question… but I guess it depends whether you want to improve your reading or writing skills. For writing there is a book called “The Elements of Style” by William Strunk Jr. which is a classic for this purpose. hope it helps! Stephanie

    • Amr says:

      سلام عليكم.
      my opinion m.ibr that the language(Eng) is not the problem of the CMA.
      I am CMA . My Language is not Sound as it should be
      its only by practice

  • Mohammed says:

    I would like to inquire about salaries of the CMA holders in USA or any other place in the world.

  • mohammed says:

    Thanks Stephanie I appreciate your efforts.

  • Helemish says:

    So kindly gentlemen,if i am working as a chief accountant on Egypt, and passing CMA exam and became certified. Is it enable me to work in USA and Canada in a good suitable position. While i have fluency in English cause i am working in a multinational company and my business language is English.
    I do appreciate your prompt response.

    • Stephanie says:

      Hi Helemish,
      Getting the CMA will help you recognized in companies around the world especially in the US. For Canada, they have their own CMA certification but getting that requires studying within Canada, which could be hard to do.

      So getting back to your question, while it helps I wouldn’t say it will guarantee you any jobs there. If you are working in a multinational company it will likely easier if you request for an opportunity to transfer to the US or Canadian regional office for a temporary exchange. If people there like you enough they will more likely offer you a permanent position. This is the easiest way to get hired in the US/Canada in my opinion, and I have readers who have done that. Hope it helps! Stephanie

  • Amir says:

    Hi Stephanie,

    Regarding CMA pass rates can you pls tell us about the score scale and the pass score, i think it s from 500 and am in Egypt how should i get to pass the exam

    thanks,

  • Tin says:

    i’m currently reviewing for part 2 of cma exam and i’m finding it so much harder than part 1. i wonder why the passing rate for part 2 is higher than in part 1…

    • Stephanie says:

      I hear you Tim… it depends on individual background, and also, the content can be difficult but the exam itself may not be so. For example, it can also depend on how “tricky” the questions are, whether the examiners test you at introductory level or advanced level of the same topic… by the way, which review course/material are you using? It makes a difference as they can over/under prepare you.

      Hope the higher overall pass rate will give you some encouragement! Stephanie

      • Tin says:

        i got the cmals 2-part combo package. but to be honest, i am having difficulty with it. lots of errors (both book and online practice) and the explanations are not complete. i’m trying to find other review sources (without spending again) as i have already spent so much on cmals if you know of any free resources for the cma review, would be very grateful! am already on panic mode…

        • Stephanie says:

          Indeed CMALs is probably the most expensive… but Tin I am sorry to tell you that I haven’t found anything that is free regarding the CMA exam, and I don’t expect to find any honestly unless someone is willing to lend you a copy of the book. Anyway the value, in my opinion, is in the test prep software. I will still stick to working on those practice questions if your budget doesn’t allow another test prep provider.

          Indeed you sounded stressed… maybe you can take a break for a day or two? Things usually “click” the next day. I know this is a cliche advice but it does work for me and quite a few of my readers. Good luck to your Part 2!! Stephanie

          • Tin says:

            Will do. Thanks for the advice Stephanie! Appreciate it.

          • Stephanie says:

            Sure! Stephanie

          • ahmed says:

            is it harder than the cpa or what ?

            i dont want to be surprised if u know what i mean

          • Stephanie says:

            I personally think it is not as hard in comparison, because CPA is a lot broader and I especially dreaded REG especially the US taxation section. For CMA it’s more like an expanded BEC and some CFA materials. I guess it also depends on your own background. Mine is much closer to corporate accounting than US tax accounting.

            The lower pass rate can be explained by the fact the entry barrier is lower. For CPA a candidate is effectively an accounting major (often with masters’ degree) and therefore must do better when compared to the many CMA candidates who have never studied finance or accounting (since it is not required to sit for the exam).

            Also, there are a lot more non-US speaking international candidates especially from China and the Middle East and the language should have some impact at the pass rate at a macro level.

  • Ikram Mansoor says:

    Hello,

    I have passed CMA part 1 exam with a score of 400. I am not sure how it converts into percentage to have an idea how well I have scored. Pls of someone can translate this score 400 out of 500 into some meaningful measure, it would greatly help

    • Stephanie says:

      Hi Ikram, first of all congratulations! With such a low passing rate for part 1 I think you should be happy that you pass with any score. For your information, the full mark is 500 and the passing mark is 360. I don’t think they release any info on standard deviation so it would be hard to know which percentile you fall into, but I would say that with 400 you should have comfortably passed part 1.

      Are you all ready for Part 2?
      Cheers
      Stephanie

  • ahmed says:

    hi there

    i am a cpa candidate , and i am considering the idea of taking the part 1 cma exam since it is very similar to the BEC section

    what do u think about it ?

  • bakri alradi says:

    i have strong desire to read and pass cma exams,it is not only English language level that make people from countries other than Europe,America and all countries that English language is their formal language not to be able to prepare for this certification but many obstacles may prevent and even deprive them to do this .one of these problems is how to attain cma questions and model answers and this is my case.in my self, ifeel that ican do well just if ihave attained the required questions and answers covering part 1 at this stage.

  • tamer says:

    i like to know , the score of the essay only in the exam .

  • Rafay says:

    Hi
    Well I am appearing for the CMA Part1 exam in
    Sep2013 and I m preparing it from Wiley and doing
    Practice from exam support package, and getting
    62% in that package, my question is are the
    Question are similarly related to the exam question
    Or exam question wil be some different

    • Stephanie Ng says:

      Hi Rafay, I guess it is hard to generalize but from readers’ feedback the actual ones tend to be lengthy and more “narrative” than the ones in Wiley… It’s a good idea to rework the ones you did wrong to improve your accuracy to 75-80%.

  • MOHSIN says:

    Hello Sir,

    I want to start CMA Part 1 preparation for exams, is it possible to prepare for exams by self study or it must that you have to take coaching for it, please guide me about this.

    Thanks

  • Paulette says:

    Hello Stephanie,
    First of all, thank you for all the information you are providing in your website; It is a goldmine!
    I am mooving to canada in January 2014 (waitng fo my visa) and I would like to arrive there having my CMA part 1 done , and take the part 2 once there.
    1st question, can I tak the part 1 in Ireland, and the part 2 in Montreal with a tourist visa (if i will still be waiting for my working visa) ? I guess yes…but just to be sure.
    2nd question:
    I have a master degree in international management and 2 years exp as a junior project controller. English is not my native language but i do feel quite comfortable with it. I am wondering if I start in August 2013 to learn by my self , how long should I wait to take the part 1 (and 2).
    Do you think end of septEember would be too early?
    3rd question: I checked availabilities and it looks that they are tests for part 1 and 2 in november 2013 too in Dublin which strange as normally it is sept/oct and jan/feb… do you know if it is in fact possible?

    THANK YOU IN ADVANCE for the time you’ll spend on my questions!
    All the best!

    • Stephanie Ng says:

      Hi Paulette,
      Thanks for your note! Before I answer your questions, could you let me know whether you are looking at the US CMA or Canadian CMA? Because getting the Canadian version makes more sense in your case if you work in Canada. My site only covers the US CMA offered by the IMA.

      Stephanie

  • tamer says:

    could you please tell me how many years allowed to get the cma after registration?
    the three years are after the registration or after passing part one.

  • mudassir khan says:

    hi stephan i like to ask u a question i am currently student of ACCA i just cleared 3 papers i now heard about CMA so i m now thinking to give CMA and get exemption in ACCA ?and how many exemption are?

  • Mostafa says:

    Hi
    There are some questions are bouncing in my forehead and need some answers if anyone could help:
    Firstly, I am egyptian. SO, my 1st Q is:
    How many people did achieve CMA certificate in my country or even in my region? in Average
    2nd Q:
    What are the perfect tips that could help me pass the certif. with a high score? referring that I am a commerce faculty grad plus I am working as an accountant. How to prepare and those steps should be taken
    3rd Q:
    Need to know the steps of making account for IMA
    4th Q:
    Which parts to focus on, in part 1?
    5th Q:
    Will I use Grammer & language kinda related stuff to express my answers in the essay’s question ?

    Also if any CMA holder have other advices for me. well, that could help alot!

    Best Regards
    MT

  • Mus Meg says:

    Hi Stephanie,

    I’m using Gleim book and software for part 1, and i’m wondering how close are the MCQ in Gleim to the ones in the exam?

    Thanks for your help and keep it up.

    Regards,

    Mus

    • Stephanie Ng says:

      Hi Mus, it’s really hard to tell, but I don’t think you should expect the same questions pop up in the real exam. At least gleim has some out-of-the-blue questions that train you to think on your feet. At least that’s what I like about Gleim. Cheers, Stephanie

  • Mahesh Kumar says:

    Hi Stephanie,

    As you mentioned in your many answer that minimum passing marks is 360 out of 500.

    Is 360 score including essay ! If someone will gets 70% scoring in MCQ but he will get zero in essay , what will be the final result. Will he pass in the exam.

    Regards,

    • Stephanie Ng says:

      Yes Mahesh, 360 is an overall score. The administrator doesn’t disclose the exact formula (it’s likely too complicated anyway) so I can’t answer your question, but generally candidates find the essays manageable. MC is the difficult part. Stephanie

  • onkar says:

    can a normal student pass the wholly examintion of cma?

  • Khaled says:

    The reason that CMA part 1 has much lower passing rate in the middle east is a combination between 2 factors, English language and Internal Controls (Audit) Part, which almost has no numerical numbers and rely heavily on candidates English language specially when it comes in the Essay part of the exam

  • Muhammad Khabeer says:

    sir i live in pakistan and i,m student of CMA(USA) kindly tell me how can pass the cma in first attempt and also tell me the reason of failure and also tell me the future of cma.thanks

  • joseph says:

    Hi Stephenie,

    I am from India, if i do Cma from India will i get recognition and membership in cma us.

  • joseph says:

    Thank you stephanie

  • jaleel says:

    sir
    iam Jaleel from india.If i passed both papers in CMA.Can i get a job in a reputed company for practical experience, by producing 2part’s marklists.

    • Stephanie Ng says:

      Hi Jaleel,
      Yes you certainly can but there won’t be a job waiting for you. You need to apply just like any other candidates. With the CMA certification it helps especially if you look for companies in manufacturing, or involve in cost and inventory accounting, or the Fortune 100 companies in general. But you still need to proof yourself in other areas with a well crafted resume and good performance in interviews. Best of luck! Stephanie

  • jaleel says:

    thanks for your valuable informat
    ion

  • Binoy Chacko says:

    Hi Stephane,

    I have completed my Degree in maths,PG in maths and MBA in Finance.I have been working in Qatar as Finance Manager/Finance controller for last 15 years.I would like to join to CMA to enhance my accounting skills.Would you mind to advise whether maths skills will add value while preparing and appearing for CMA course and exams.

    Thanks and regards,

    Binoy Chacko

    • Stephanie Ng says:

      hi Binoy,
      I would say math and other quantitative majors do help, since accounting is very related to numbers. But then, advanced math like differentiation, integration and theoretical math is not necessary. So I guess it helps to a certain extent. Hope it helps? Regards, Stephanie

  • rafsal says:

    hi,
    iam a bcom graduate student from india. i plan to join cma in this coming july.
    is this cma a better option than mba finance? my famly is more sterssing on me for that. as i love accounting i go for a different course.
    how many it consit of problem based and theory based. iam not good in theory papers as like problem papers.
    thanks in advance

    • Stephanie Ng says:

      Hi Rafsal, it really depends on your future career plans. Here is my analysis on your situation:
      https://ipassthecmaexam.com/mba-or-cma/
      Please let me know if you have any questions and I will be happy to help. Stephanie

      • rafsal says:

        thanx staphine,
        what noe iam looking at is to register an distand mba along with cma.

        how many problem portions & theory portion it consists? can you tell me in a percentage form.

        • Stephanie Ng says:

          Hi Rafsal, do you mean the proportion of theoretical vs computational questions in the CMA exam? I don’t think the examiners disclose such information, and it is likely that the proportion changes in every exam. Remember it is a computerized exam which means that they generate different sets of questions for candidates, but the difficulty level is the same. I would focus on both theory and calculations as they help each other in your exam prep. Regards, Stephanie

  • irfan says:

    helo sir..
    i am irfan from pakistan
    and i want to know that from where i can get the past papers mcqs??

  • abdul says:

    hi…. i got 300 score in part 1 🙁 i am currently studying part 2… i want to know that is it possible to manage both parts in same window..????

    • Stephanie Ng says:

      Hi Abdul, sorry to hear that, it’s quite close to pass! There are certainly readers who manage two parts with success. It depends on your available time and commitment. Since you should have known the materials for Part 1, it should be easier this time. I would suggest that you focus on the practice questions. Best of luck! Stephanie

  • Adi says:

    Hi guys! Many of you are having doubts about the comparative difficulty of different US based exams. Here is a comparison starting from the hardest to the easiest.
    CFA>CPA>CMA>CFE
    CFE=certified fraud examiner.
    Hope it helps!

  • faisal says:

    I am faisal from jeddah currently doing job nd I hv plan to start CMA BUT I completely dont hv any idea about CMA .just recently I come to know I just want to make sure if I gv my 3 to 4 hours daily after 4 months I would be able to appear in part 1.
    2nd I want to know the scope in saudi arabia and in future can I get job

    • Stephanie Ng says:

      Hi Faisal, thanks for your note. It usually takes about 100-150 hours of study for a typical candidate. Based on your plan, it would be 3.5 hours x 30 days x 4 months which is totally enough. Having said that, you do need breaks in between but even if the breaks it looks fine to me.

      On whether you can get a job in Saudi Arabia, I understand the CMA certification is getting quite popular in the middle east so this is certainly helpful. But it also depends on your previous experience and your skill in interviews etc. Anyway, just work towards the goal one step at a time! Regards, Stephanie

  • Vaibhav says:

    Stephanie

    Thanks for info. I will be writing in June15, can i study my own without help of any review course?

    Cheers!!

  • sarada akella says:

    Hi stephanie,
    I have given my cma part 1 and my score is 310 . I did very well in my exambut the scores are disappointing. Please let me know the grading system and the way i have to prepare. im using gliem CMA Review system.
    Thanks and regards
    Sarada Akella

  • John says:

    Hi Stephani,

    I’ve gone thru almost all comments! and I am curious – will i Pass, If I take this challenge ??
    I’m an average student but lazy bone! I do have good grasping power and intellect but with a moderate practice of say 10 hours a week, can i Pass one part in three months time ?

    well, I am commerce post graduate and working as an accountant for three years now!

    • Stephanie Ng says:

      Haha John thanks for the honesty! You don’t need to be a A+ student to pass this exam, but do need to work hard. If your 10 hours per week is all solid studying hours, ie within that 10 hours it is all studying, and not occasional checking of emails, facebook etc, then you should have enough time to get well prepared in 3 months time. It all depends on your attitude. Good luck!

  • Siyu says:

    Hi Stephanie,

    I am a juninor in Penn State, and my major is accounting. Can i take the part 1 test in China because i know there is a Chinese CMA test in Aug 8 in China. And then finish the second part in USA?

  • binoy says:

    Hi Stephanie,

    I have appeared for part 1 during Feb 2015 and I got 340 score.

    I would like to re appear during June 2015.Do you have any advise where i missed 20 marks .

    Also can you advise whether there is any exam promotions price going on now.

    Thank

    binoy

  • narendra says:

    HI I AM A NEW STRANGER TO CMA HOW CAN I PERFECTLY COMPLETE MY CMA…COULD U TELL ME PLEASE

  • Binoy says:

    Hi Stephanie,

    I have lost part 1 with a small margin .I got 340.Shall I apply for a re grade of the same.

    Please advise

    Thanks

    Binoy

    • Stephanie Ng says:

      Hi Binoy,
      Sorry to hear that, it was indeed very close. I’ve talked to a few candidates on this as well, but our consensus is that it is very, very unlikely that they will change the mark for you. For the border line ones they should have had manually checked for chances to bump you up (or down in some cases).

      I have this post for retakers if you are interested to read further: https://ipassthecmaexam.com/fail-to-pass-the-cma-exam/

      Regards, Stephanie

  • harikrish says:

    While comparing cma with cia which one is toughest course? Cia with mba without having cma is useful or not?

    pls reply

  • harikrish says:

    Also wish to know about advantages of mba with cfe and mba with cma

  • mohamed says:

    Hi stephani
    I passed CMA course via group coaching (3.5 months ) and one month review after that ( gleim book and CD ) with 420 as passing score in may /June 2015 first attempt
    My question is
    For part 2 do I have to change any thing in my studying way or the same should do the trick
    Thanks Stefanie and your tips was always helpful

  • Rob says:

    Hi Stephanie,
    I am taking the exam in 1 month and now I am at the point of pure practise. When I was doing the MCQ part 1 for each of the modules with the gliem book, I averaged 77% overall. I want to get it into the mid 80s when doing the MCQ part 2 for each module.
    Is this what you did when you wrote it?
    I am trying to figure out how to be successful here because some of the MCQs are certainly tricky.
    Thanks.

    • Stephanie Ng says:

      I would definitely work on the tricky ones Rob 🙂 I aimed for 100% accuracy — not all correct the first time of course, but make sure I did every single question right. Stephanie

  • Abdul says:

    Hi Stephanie,
    Constantly, I have been seeing the difference in passing rate between the regions. Let’s say US and UK and Asia have much better passing rate when compared to Middle East. My doubt is whether the difficulty level of questions may vary regions to regions? But, people say online that Middle East is a non English country. I’m not agree with it because, CMA exam is comprises of technical knowledge about accounting not about grammar or fluency. I would like to know about your comments on it and I want to know whether it will help us to pass or will get easy questions if we choose exam center in highly passing rate regions?

    Thanks a lot.

    • Stephanie Ng says:

      Hi Abdul, the exam questions come from exactly the same pool — so the difference is only on the candidates I am afraid. I am not suggesting the Middle Eastern candidates are anything less intelligent or hardworking, but I believe the English language plays a large part in it. It isn’t about grammar (although, in essay sections, that could be a factor). It’s more on comprehending the complex questions. A non-English speaking candidate may take longer to understand a question, or sometimes may not even understand it at all. This put them at a disadvantage.

      So the solution shouldn’t be “overcoming the system” such as taking the exam in a different region. Rather, candidates should better equip themselves with more practice in understanding the practice questions, study in English (i.e. don’t take local coaching class that teaches in local language), read English newspaper and magazine, etc. In other words, got to immerse yourself in the English language all around to increase your chance of success.

      Cheers, Stephanie

  • nagaraju says:

    Hi Stephanie,

    I am taking exame in JAN ,
    1. now i am following wiley material and i completed total preparation. In practice wiley question bank iam scoreing 90-96 per.
    2. wiley excel material is enough for preparion and in case of essay questions use same wording in wiley excel material.

    • Stephanie Ng says:

      Hi Nagaraju, I suppose you are making a comment instead of asking a question? If so it’s great to know. But generally I don’t think candidates should expect the exam has exact same working showing up in the essay section. Regards, Stephanie

  • mohamed salih says:

    Hello Sir,
    I am graduated in B com.Now i am decided to study the CMA .Everyone say its a huge risk to study. The language is my problem.what will i do to pass the CMA? May i go for coaching these course?

    • Stephanie Ng says:

      Hi Mohamed, assuming you are from India, I’ve seen lots of Indian candidates since 2015. Not sure exactly why but I believe IMA is expanding in India, which is great for those who are or will become CMA some day. It is a tough exam, but certainly doable. Not sure what the “huge risk” is apart from that you may fail… yes, the pass rate is low and the exam questions can be long and tricky, but as I mentioned above, many candidates are casual takers who don’t bother to study much before entering the exam room. Those people fail, of course, but if one prepares well, the chance is much higher.

      You may want to read my bloggers’ story to get a glimpse of what it feels like being a candidate: https://ipassthecmaexam.com/cma-exam-blog/

  • Reji Antony says:

    Dear Stephanie,

    I would like to have your advise as I am planning to study CMA, which is the one to study first Part 1 or 2, which is the easy to study ?

    Many thanks

    Reji

  • Raffy says:

    Dearest Stephanie,
    Im from Philippines and some of my friends told me that I should go to either Dubai or Australia to study for the CMA exam. And if I passed the CMA exam in Dubai, per say, I can only use my license in Dubai. Please explain this matter to me further for I am just a mere sophomore college student. Thank you and God Bless!

  • Azhar Ahmed says:

    Hello madame,

    I am a ca final student and presently undergoing articleship training under a chartered acountant,i also qualified b com in accounts and finance.My queries are mame should i start preparation for cma us during this period as i came to know its 6 months course.2 how shall i start my preparation self studying or take coaching ,from which book should i start from gliem or from wiley study mat.or could u please suggest me a coaching institute in kolkata where i can get guidance.I dont have any knowledge about this course and i am uncertain whether my ca course will benefit me in doing this course .
    How will i get the study material of gliem and from where to register from.PLEASE HELP
    Thanking you in anticipation.

  • Azhar Ahmed says:

    Hello madame,
    will i get job opportunities in middle east or in european countries after i qualify the exam further i wish to know that will i be able to manage this course by daily 8 hours of study .
    please suggest me a good study material and its course of procurement if i opt for self study.

  • David says:

    Hello Stephanie. I noticed that the passing rates for part 2 are higher. I that means the part 1 exam is harder or what?

    I’ve past experience with the two parts. I scored 350 in part 1 and 390 in part 2.
    I noticed that part 2 exam is more tough and complex, however, part 1 material is more dense. After I failed part 1 I changed my strategy and passed part 2. Sometimes I believe if I studied for part 1 with my new strategy I’d definitely passed the exam.

    Now, I’m going to retake the exam with my new strategy. But I’m little worried from this passing rates!

    • Rob says:

      Hi David,
      What strategy did you use on part 2 that was successful? what did you forget to do on part 1?

      • David says:

        focusing on the material itself beside the practicing of the MCQ. You need to familiarize yourself well with the material and what is being tested on this exam. Take your own notes.. Read the material well.. and Practice for the exam.. They ask questions from everywhere,, between the lines!

    • Stephanie Ng says:

      Hi David, I don’t think anyone knows exactly why Part 2 has higher pass rate. It’s hard to compare the difficulty because they test on very different subjects, and also, whether it’s difficult or not largely depends on one’s background. Another possible reason is that many candidates do take Part 1 first. If they fail they don’t move forward to Part 2. Those who continue have experience in the CMA exam and are more mentally prepared… Anyway, I don’t think you need to worry about this. Just focus on working on your weaker areas, and you will be fine. 350 was very, very closing to passing. Good luck!

  • Rani says:

    Hi
    Can any one give me the tips to pass CMA part 1. I attempted 3 times and I got340 only . I am preparing from Wiley and Gleim products . Really not understanding how to complete this part 1 . I have already cleared part 2 one before

    Thank you
    Rani

  • Rick says:

    Reply for Rani,
    I am in the same boat as I have not done the exam yet but I am also not getting 85% on the practise exams yet so I cannot write the real exam yet.
    Part 1 is the problem. some people are getting 450…I want to use their magic powers lol. how do they do it?

    • Stephanie Ng says:

      So Rick, among the 15% that you got wrong, what type of questions are they? Some people have this “internal control” intuition. You can generally get them by really understanding each question and answers as you go through them. If the weakness is cost accounting, it’s even better because once the idea clicks, you get them easily. I guess those with 450 are the ones who have mastered these tactics.

  • Josh says:

    I took part 1 and passed with a 430. I just took part 2 in January, and I must say, I felt like part 2 was much more difficult for me. I don’t have the gut feeling that I passed like I did immediately after the first exam. It’s a terribly unsettling feeling. The wait until March is going to be rough. The thought of having to study the material again is so disheartening!

  • Rani says:

    Hi Josh,

    Give some best suggestions to clear Part 1.

    Thank you
    Rani

    • Josh says:

      I used Gleim and did literally every practice question that they offer. That should prepare you sufficiently.

    • Anon says:

      I cleared CMA Part 1 in Jan-Feb Window with 370. And here is the strategy I followed,
      Chapter A- Numericals from Wiley, only focused on important concepts in A2
      Chapter B- Numericals from Hock, Theory from Wiley Textbook- covered this comprehensively
      Chapter C- Numericals from Hock- Comprehensively covered this as well
      Chapter D- Numericals from Hock- This section requires a lot of practice as it has process costing, job order costing, absorption vs variable and overheads
      Chapter E- Numericals and Theory from Wiley.- Easiest of all, don’t leave anything in this chapter
      Apart from these, I saw videos on very important concepts that you will find in CMA like drum buffer rope system,variances, RI vs ROI, Balance scorecard etc.

      • Stephanie Ng says:

        Thanks a lot for the advice. Very specific and it’s going to be helpful for those who have Wiley and Hock 🙂

      • Rani says:

        Hi Anon,

        Congratulations. Details which you have given is very useful. I could not clear the Part 1 . I am preparing from Gleim. Can you advise Gleim / Hock which one is helpful to clear the exam. Essays – I am doing well. MCQs – I might missed the score. Please let me know some more tips to practice MCQ s . I am planning to retake the exam in this June…

        Thank you
        Rani

        • Sharma Iyengar aka anon says:

          Stephanie- You are welcome, you are doing a great job. I am willing to contribute to your website after clearing my part 2.

          Rani- Thank you.
          Go to Roger CPA’s official youtube channel and watch all the videos on Variances and make notes.
          Also, watch Education unlocked’s videos on youtube on Management Accounting topics. They’ll help you in building your concepts that give you a lot of clarity in answering theory questions.
          Search for SusanCrosson on youtube, even her videos were of great help for me in standard costing.
          Also, I have read a lot on a few accounting websites and I cannot recall their names now. And all the videos that I have suggested are free of cost, so do watch them.
          Coming to Hock/Gleim question, Gleim was very bulky for me and was going way beyond the exam level. When I took the exam for the first time, I scored 330. My preparation was not effective at all and I only prepared from Hock. The second time, I followed the above mentioned strategy and I was expecting somewhere over 400, ended up scoring 370. Do sections B,C,D from Hock and section A(that includes the newly added syllabus), section E from Wiley/Gleim.

          • Rani says:

            Hi ,

            Thank you. How can we guess the scores after exam? I cannot afford to buy the HOCK product. It’s expensive for me. I am not understanding how to clear the exam. How many hrs & days you have prepared for the part 1?

        • Sharma says:

          I am a working professional, so I only prepared in the weekends. I gave around 100 hours(if not more) for part 1 alone. It took a lot of time for me to study the topics for the first time. I took coaching from a well known institute for this in my city and it wasn’t very effective , so I had to do a lot of self study. If you have gleim alone, even that is comprehensive enough for the exam. I suggest you not to spend extra money on buying courses.Make detailed notes on numericals from Gleim and revise. REVISION- is what makes the difference, which a lot of candidates don’t do properly. Prometric sends you an exam performance report few weeks after the result gets released, put more efforts in the sections where you under-performed. I actually took a lot of sectional tests and a mock test before the actual exam.After taking the actual exam,I had a feeling that I performed a lot better than the what I did in the mock test, so was expecting a score over 400.

          • Rani says:

            Hi Sharma,

            Thank you & it is really good suggestion . I will do practice more on weaker sections.

            Rani

  • Rashid Ali says:

    Hi,
    I m doing ma mcom in India, after completion of mcom I want to move canada for doing CMA Anyone knows which is the best coaching centre in Canada… ??
    How much i should spend…. ….. ??
    Is there any exemption for post gratuated…??

    Plz help me…

  • Humayun Khan says:

    Respected Stephanie,

    It’s kindly to inform you that i’m a CA (PAK) as well as a CPA (PAK) student but now i want to skip both these certifications and want to join CMA (USA) Asap. I have keen interest in it but need your complete and helpful guideline regarding it’s books availability in soft form as i want to study myself .If you have the CMA PART 1 Books in soft form then please email me so that i may start my preparation for the upcoming attempt.
    Also kindly share me a few past papers of Part 1 (if possible) so that i should got an idea regarding the exam paper.
    Hope to hear from you soon via email (*** DELETED ***)
    Thanks.
    Regards,
    Humayun Khan

    • Stephanie Ng says:

      Hi Humayun,
      I am afraid you and other candidates must get your own review materials. Feel free to borrow from the library or from friends, but distributing copies without the approval of review materials is generally not allowed. You may also breach IMA’s code of ethics with this action. Because of this I will remove your email (also for your own privacy). Thank you.

  • sukhbir says:

    hi
    i just wanted to know which part should take first part 1 or part 2 for cma?

  • Hisham says:

    Dear all
    I am happy to join you
    I think the major obstacle in the exam of CMA is the time. We need to know the time management very well. Do you agree with me?

  • Abubaker says:

    hello ,firstly i want to thank you for this gold advices..
    i feel that iam comfort to start with part one, how can i manage my time for part 1 test ?
    my second question that now iam so keen about start Learning and take the CMA ..how can i keep this motivation up one my learning journey ?

  • Saju says:

    Hi, Any idea when the result of CMA september 2017 result will be published?

  • Saju says:

    Thank you Stephanie

  • Manvi Bansal says:

    Hi sir. my name is Manvi. I am thinking to persue my career in marketing course. I am in 11th currently and will soon in 12th. I have read the eligibility criteria for cma and I am confused about the bechelor degree thing. Can you please help?

  • ROY C MATHEW says:

    Weather the chances taken for passing the CMA examination has any effect on the future placements etc

    • Stephanie Ng says:

      Hi Roy, not sure what you mean by placement, but if you mean whether passing in one go or several attempts will have any impact, the answer is no. You are a CMA no matter how little or how much you put in as a candidate as long as you pass 🙂 Stephanie

  • >

    Get $400 off Wiley CMAexcel Platinum Review! Offer ends soon...