This course prepares candidates for the CMA exam, covering Management Accounting, Financial Reporting, Strategic Planning, Analysis, and other key topics.
View More
Detailed Content, Extensive Practice Questions, Interactive Learning Materials, Flash cards, Live Mentoring session, Progress Tracking and Regular Updates.
View More
Joining the IMA Membership is mandatory for CMA certification, with professional, student, and academic options. For beginners, the student membership is ideal.
Register for the CMA Exam Prep Course by creating an account. This gives you access to comprehensive course materials and starts your journey to success.
Access comprehensive study materials, including video lectures, interactive modules, and study guides.
Thorough preparation and expert guidance will equip you to confidently understand topics and pass the exam with confidence.
The CMA Exam Prep Course provides an incredible value proposition for your exam preparation journey. Our budget-friendly pricing ensures our course is accessible to all aspiring students and professionals. Quality and premium resources designed to elevate your understanding and performance. Pursue your CMA goals confidently.
| MYCPE ONE | Hock | Becker | Gleim | Wiley | Surgent | |
|---|---|---|---|---|---|---|
| Review Rating | 4.9
(Google) 4.7 (Trustpilot) |
N/A (Google) N/A (Trustpilot) |
N/A (Google) 4.5 (Trustpilot) |
3.8
(Google) N/A (Trustpilot) |
3.7
(Google) 2.8 (Trustpilot) |
2.7
(Google) 3.2 (Trustpilot) |
| Price | $199 | $449 | $1,209 | $1,799 | $1,499 | $1,299 |
| Practice Question | 2,000+ | 2,000+ | 3,000+ | 3,000+ | 5,000+ | 2,500+ |
| Coverage | Full | Full | Full | Full | Full | Full |
| Adaptive Learning | No | No | No | No | No | Yes (weekly) |
| Course Access | Yes | No | Yes | No | No | No |
| Video Lectures | 60+ hours | 30+ hours | 35+ hours | 40+ hours | 60+ hours | 50+ hours |
| Customer Support | Email, Call, Chat | Email, Call, Chat | Email & Call | Email & Call | Inquiry Form | Chat & Call |
| Learning Avenue | On-Demand | On-Demand | On-Demand | On-Demand | On-Demand | On-Demand |
| Live Mentoring Session | Monthly | No | No | No | No | Yes |
"MY-CPE provided me with all the necessary tools to excel in the CMA exams. The Online Test Bank was particularly helpful, simulating the actual exam environment and boosting my confidence."
"MY-CPE’s comprehensive review not only covered the exam content but also prepared me for the entire exam experience, ensuring there were no surprises on exam day."
"This course is both detailed and accurate. The Online Test Bank gave me the confidence I needed to pass both parts of the CMA exam on my first attempt."
A CMA is a globally recognized credential conferred by the IMA. CMAs excel in financial management, specializing in strategic planning, analysis, and decision support within organizations. They are esteemed for their expertise in driving financial excellence.
Consider completing an undergraduate degree in accounting, economics, or finance. However, this step is optional. Some candidates choose to pursue their CMA certification first and then earn a degree later.
Join the Institute of Management Accountants (IMA). Membership is mandatory for CMA certification. You can choose between professional, student, and academic memberships. If you're just starting, a student membership is the best option.
Although the IMA provides a course included in your fee, many students prefer additional courses for better preparation. Our CMA Exam Prep Course includes videos, study materials, mock exams, simulations, flashcards and personalized mentoring tailored to your goals!
Pay and register for the CMA exam, which is offered three times a year: in January/February, May/June, and September/October.
Visit the IMA's official website to register.
The exam consists of two parts, each lasting 4 hours. You can take both parts in the same window or in different ones.
To qualify for the certification, you must demonstrate two years of professional experience. You have up to 7 years from the exam date to fulfill this requirement.
Once you've met all the requirements, you can apply for your CMA certificate.
Log in to your account on the IMA's official website for all the necessary information.
To qualify for CMA certification, you must meet these criteria:
Candidates must pay the CMA entrance fee before beginning the certification exams. They are required to complete the entire CMA program within three years of enrollment. If both exam parts are not passed within this period, any parts that were passed will expire, and candidates will need to repay the entrance fee.
The CMA entrance fee covers:
*Please note: The exam support package should be supplemented with a formal study plan.
| Professional Members | Student/Academic Members |
| CMA Entrance Fee: $300 | CMA Entrance Fee: $225 |
| Exam Fee: $495 per part | Exam Fee: $370 per part |
| IMA Membership Fee: $295* | IMA Membership Fee: $49/$160* |
*IMA membership is required.
To qualify for CMA certification, candidates must meet one of the following education requirements and submit proof of education to ICMA within seven years of completing the CMA exam:
1. Bachelor’s degree from an accredited college or university.
2. Professional certifications
CMA candidates are required to submit all necessary educational documents translated into English in PDF format to CMAEducationdocuments@imanet.org, along with their IMA membership number. ICMA will directly contact candidates if original documents are needed.
Note: Documents are shredded six months after your CMA profile has been updated.
Candidates pursuing CMA certification must accumulate two consecutive years of professional experience in management accounting and/or financial management. This requirement can be fulfilled either before or within seven years of passing the examination. The experience should be gained through full-time employment. However, continuous part-time roles of at least 20 hours per week that meet the criteria of qualified experience count as one year for every two years worked. Internships, trainee positions, and clerical roles do not qualify as appropriate experience for meeting this requirement.
Qualified experience encompasses roles involving regular decision-making utilizing principles of management accounting and financial management. Examples include:
Candidates are encouraged to submit documentation of their education and work experience before completing both parts of the CMA exam.
The CMA (Certified Management Accountant) exam, administered by the Institute of Management Accountants (IMA), is divided into two parts, each with a specific focus and question format:
Part 1: Financial Planning, Performance, and Analytics
Part 2: Strategic Financial Management
To pass each part of the exam, candidates must achieve a scaled score of at least 360 out of 500. The exam is computer-based and is administered at Prometric testing centers. Candidates are required to pass both parts within three years of entering the CMA program.
The CMA examination is administered in a computer-based format and is offered at Prometric Testing Centers located throughout the world. An up-to-date listing of all Prometric Testing Centers can be found at Prometric’s website Link.
Parts 1 and 2 are offered during the following three testing windows:
Registrations for Parts 1 and 2 will close after the 15th of February, June, and October.
Once you have received authorization from ICMA, it is your responsibility to schedule your appointment. Log onto Link to schedule, confirm, reschedule, or cancel your appointment 24 hours, seven days a week. You will be given a confirmation number at the time you schedule an appointment; you should make note of this number.
ICMA is not responsible if you delay scheduling and there are no appointments available within your authorization period.
If you do not schedule an appointment or you do not appear for a scheduled appointment in the selected testing window, you will forfeit your exam fee.
At a Prometric Test Center
Arrive at the Prometric Testing Center 30 minutes before the time of your appointment. If you are more than 15 minutes late for your scheduled appointment, you will lose your scheduled sitting and be required to reregister at full cost.
You may be scanned prior to each entry into the test room to ensure you do not have any prohibited electronic devices. If you decline to be scanned, the test center administrator will be required to submit a report to Prometric and ICMA.
All About Licenses and Renewal
Earning Potential
The earning potential for Certified Management Accountants (CMA) is significant, often surpassing that of non-certified peers. CMAs typically command higher salaries due to their specialized expertise in financial management, strategic planning, and decision support within organizations. This credential opens doors to lucrative career opportunities in various industries, making it a valuable investment in one's professional development.
The average salary across all positions is approximately $126,243. Source - Link
Job Opportunities
Disclaimer: The information provides an overview based on general industry insights and average salary data for Certified Management Accountants (CMA). Actual earnings and job opportunities can vary significantly based on factors such as location, industry, qualifications, and employer policies.
Our commitment to accessible education is reflected in our highly competitive pricing – at just $199. We believe that high-quality exam preparation should be affordable for everyone to save cost by 80%.
Sharpen yourself with a range of 2000+ MCQs to ensure you're not just familiar with the content, but also with the pace and complexity of the actual exam.
As part of our commitment to your success, we provide monthly live mentoring sessions led by experienced instructors to address your doubts.
With a proven track record of success, our 10+ year experienced instructor has guided 1000+ students and professionals to confidently pass the CMA Exam.
| Topics | Practice Question | Duration |
|---|---|---|
| 1.External Financial Reporting Decisions (15%) | ||
| 2.Planning, Budgeting, and Forecasting (15%) | ||
| 3.Performance Management (20%) | ||
| 4.Cost Management (20%) | ||
| 5.Internal Controls (15%) | ||
| 6.Technology and Analytics (15%) |
| Topics | Practice Question | Duration |
|---|---|---|
| 1.Financial Statement Analysis (20%) | ||
| 2.Corporate Finance (20%) | ||
| 3.Decision Analysis (25%) | ||
| 4.Enterprise Risk Management (10%) | ||
| 5.Investment Decisions (10%) | ||
| 6.Professional Ethics (15%) |
-1719416255.webp "CMA Exam: A Guide to Understanding the Format and Syllabus (2024)")
Jason Dinesen
The CMA (Certified Management Accountant) Exam is a rigorous assessment designed to evaluate candidates' proficiency in management accounting and financial management.
The CMA Exam Prep is administered by the Institute of Management Accountants (IMA), a globally recognized organization for management accounting professionals.
To qualify for the CMA Exam Prep, candidates need to maintain an active membership with the Institute of Management Accountants (IMA) and pay the required entrance fee. They must also meet specific educational and experience criteria as outlined by the IMA. For more details, please refer to the IMA's website.
The CMA Exam Prep consists of two parts: Part 1 (Financial Reporting, Planning, Performance, and Control) and Part 2 (Strategic Financial Management).
The CMA Exams are computer-based and are administered at Prometric testing centers worldwide. Candidates can schedule their exam dates and times according to their convenience.
Both Part 1 and Part 2 of the CMA Exam Prep include 100 multiple-choice questions and two essay questions in each part.
The passing score for each part of the CMA Exam Prep is 360 out of 500 points. However, the actual passing percentage may vary depending on the difficulty level of the exam.
The CMA Exam Prep is offered during three testing windows each year: January and February, May and June, and September and October. Candidates can choose the testing window that best fits their schedule.
The CMA Exam Prep is administered at Prometric Test Centers, which are available in various locations across the United States and internationally. For specific test center locations, please visit www.prometric.com/ICMA.
Remote testing is currently not available for the CMA Exam Prep.
No, you are not required to take parts 1 and 2 of the CMA Exam Prep in a particular sequence. You have the flexibility to choose the order that suits you. Additionally, while you can opt to take both parts on the same day, many candidates prefer to schedule them separately.
Exam Performance Reports are emailed by Prometric to all candidates who have completed an exam part. Typically, these reports are sent approximately 14 days after exam results are posted to the candidate’s profile. For candidates who do not pass, the report details performance in key topic areas for the multiple-choice section and overall performance in the essay section.
Candidates are required to finish the CMA program within three years from the date of enrollment. If both exam parts are not successfully completed within this period, any passed parts will expire, necessitating repayment of the CMA entrance fee.
You will lose any previous passed scores and will need to register for the exam again.
The CMA certification is valid for a lifetime. However, CMAs are required to fulfill continuing education requirements to maintain their certification.
Yes, candidates are allowed to retake the CMA Exam Prep if they don't pass on their first attempt. There are no restrictions on the number of times a candidate can retake the exam, but they must wait until the next testing window to do so.
You can expect to receive your CMA Exam Prep results approximately six weeks after the end of the month in which you took the exam. Below are the approximate dates for score release based on the testing month:
Your CMA Exam Prep results will be communicated to you via email, and you can also access them through your My IMA account. Upon passing both Parts of the exam, the IMA will proceed to verify your education and experience documents and issue your certification number. A few weeks after verification, you will receive your certification certificate by mail.
Approximately two weeks after the results become available, you will receive an email from Prometric containing a Performance Report detailing your performance on each key topic of the exam. Utilize this report to prioritize studying your weaker areas. However, it is essential to review all exam topics thoroughly before planning to retake the exam.
Unfortunately, there is no avenue for appealing or challenging CMA Exam Prep scores. The scoring process conducted by the IMA is final, and there are no procedures for re-evaluation or regrading.
Candidates pursuing the US CMA certification have flexibility in their study timeline. While passing both exam parts typically takes 12 to 18 months, focused study can shorten this to 6 to 9 months.
No, there is no provision for receiving this information after the exam.
Develop a study schedule that fits your lifestyle, breaking down the material into manageable sections and allocating specific time slots for each topic.
Practice is crucial. Working through practice questions and sample exams helps you become familiar with the types of questions and improves your time management skills.
Practice under exam-like conditions by timing yourself, avoiding distractions, and answering questions under pressure to build confidence and improve performance.
Identify your strengths and weaknesses early in your preparation and allocate more study time to areas where you need improvement, without neglecting any topic.
The IMA recommends allocating between 150 to 170 hours of study per exam part. This recommendation takes into account the planning and scheduling necessary for effective self-study
CMAs are in high demand by top companies all around the world in more than 150+ countries. “CMAs are in such demand, companies often compete for them,” said David Bernstein, chief creative officer, The Gate.
MYCPE ONE provides you with on-demand access to comprehensive course materials crafted by industry experts, including engaging video lectures, a 2000+ question bank, and mentoring sessions, empowering you to make smarter study decisions. The course offers flexibility, allowing you to study at your own pace and on your own schedule.
The CMA Prep Course includes exam simulations and a wide range of practice questions to help you familiarize yourself with the exam format and pinpoint areas for further study.
As new content becomes eligible for testing on the CMA Exam Prep, we will update your online CMA Prep Course automatically and at no extra cost to you. You will have continued access until you pass all parts of the exam.
Yes. The course will be available to you upto 3 years from the date of subscription.
