Certified Management Accountant CMA


The Certified Management Accountant (CMA) is a globally recognized certificate that supports management accounting and finance professionals who drive business performance inside organizations. The CMA program is an advanced-level curriculum requiring candidates to demonstrate knowledge of accounting, finance and related fields.


  1. Possess advanced financial and strategic management competencies
  2. Lead, manage and make decisions in management accounting and financial management
  3. Trusted partners to executives in all areas of an organization
  4. Evaluate performance and make decisions about the strategic direction of the organization
  5. Understand the business formula for delivering value to the customer


Part 1: Financial Planning, Performance, and Analytics

15% External Financial Reporting Decisions

20% Planning, Budgeting, and Forecasting

20% Performance Management

15% Cost Management

15% Internal Controls

15% Technology and Analytics

Part 2: Strategic Financial Management

20% Financial Statement Analysis

20% Corporate Finance

25% Decision Analysis

10% Risk Management

10% Investment Decisions

15% Professional Ethics


The CMA exam is designed to develop and measure critical thinking and decision making skills. All exams are computer-based with multiple choice and essay questions.

  1. Financial Reporting, Planning, Performance and Control:

    Four hours – 100 multiple-choice and two essay questions

  2. Financial Decision Making:

    Four hours – 100 multiple-choice and two essay questions


The exam is offered in January and February, May and June, September and October.

The scores will be mailed approximately six weeks after the end of the month during which the applicant took the test.


All examinations are offered by Prometric, a worldwide network of testing centers.


Bachelor degree in any area from an accredited college or University.


The Institute of Management Accountants (IMA) is the world’s leading organization dedicated to empowering management accounting and finance professionals to boost business performance. IMA administers the CMA program, curriculum, exams and grading. Register for the exam online by visiting www.imanet.org.