The Institute of Management Accountants (IMA®) is the world's leading organization dedicated to empowering management accounting and finance professionals to drive business performance.

To be eligible for CMA certification, one must fulfill all of the following requirements:

1. Membership in the Institute of Management Accountants
2. Paying the Entrance Fee
3. Satisfying the Education Qualification
4. Satisfying the Experience Qualification
5. Passing scores for all required examination parts
6. Compliance with the IMA Statement of Ethical Professional Practice

• Membership Fee is US$210/-

• The Entrance fee is $200.00 for Domestic/International Members.
• Entrance Fee for the certification program must be paid before taking the examination
• Candidates must complete the CMA program within three years from entry into the program.
• Candidates also must register for an exam part within the first 12 months of entering the program.
•  If a candidate does not register for an exam part within the first 12 months of entering the program, they will have to REPAY the entrance fee.
•  If both exam parts are not successfully completed within three years of entering the certification program, the passed part will expire and the entrance fee will have to be repaid.

• Six month’s access to the CMA Support Package consisting of sample questions and answers and the CMA Assessment Tool.
• Performance feedback reports for the multiple choice questions
•  Review of educational and experience credentials
•  Electronic access to the CMA Resource Guide
• Access to peer-to-peer networking
• Final score report upon completion of the exams
•  Certificate upon completion of all requirements
•  Employer notification of achievement if desired
•  Maintenance of continuing education records

• Bachelors Degree, in any area, from an accredited college or university.
• A partial listing of international institutions accepted without evaluation is available at www.imanet.org.

Note: If your college or university is not on this list, please contact CMACFM@imanet.org. Degrees not from accredited foreign institutions must be evaluated by an independent agency listed at www.aice-eval.org or www.naces.org. All transcripts must be submitted in English and show the official seal of the college

• Two continuous years of professional experience in management accounting and/or financial management.
• This requirement may be completed prior to or within seven years of passing the examination.
• Continuous part-time positions of 20 hours per week meeting the definition of qualified experience will count toward this requirement at a rate of one year of experience for every two years of part-time employment.

• Planning, Budgeting and Forecasting (30%)
• Performance Management (25%)
• Cost Management (25%)
• Internal Controls (15%)
• Professional Ethics (5%)

• Financial Statement Analysis (25%)
• Corporate Finance (25%)
• Decision Analysis and Risk Management (25%)
• Investment Decisions (20%)
• Professional Ethics (5%)

• 4 hours – 100 multiple-choice questions and two 30-minute essay questions
• 3 hours to complete the multiple choice section
• One hour to complete the essays. The essays will be presented after you have completed the multiple choice section of the exam or after 3 hours, whichever comes first.
• Once you complete and exit the multiple choice section of the exam, you cannot go back.
• You must remain in the essay section to complete the exam.

Note: You MUST answer at least 50% of the multiple-choice questions correctly to be eligible to take the essay section.

• You will not receive immediate pass/fail results because the essay questions will be graded off-line.
• The scores for the multiple choice section will be added to the scores of the essay section for a total weighted score of pass/fail reflected in a scaled score for the entire part.
• Candidates are not required to “pass” both sections; the total score determines pass/fail status.
• The scores will be mailed approximately 6 weeks after the close of the testing window.
• You will receive feedback on your score only for the multiple choice section of the exam for those who did not pass the exam.

**Please NOTE: You cannot take an exam part more than one time during a testing Window.

• The CMA examination is given in a computer-based format.
• The exams are offered at an extensive network of Prometric Testing Centers
• Part 1 and 2 will be given during the following three testing window periods:

• If a candidate registers to test during a specific testing window and fails to take the exam, the candidate must register again and pay the FULL registration fee.
• You should file the registration form approximately six weeks before you wish to take an exam as this will allow sufficient time for you to receive your authorization letter and schedule a convenient appointment at a Prometric Testing Center.
• Registration for Parts 1 and 2 received on or after February 16th, June 16th, or October 16th will be authorized for the next testing window; registrations received prior to these dates will be authorized for the current testing window.

• The exam registration fee will be $350 per part.
• If a candidate registers for both parts at the same time for the same testing window, the fee will be $300 per part.

• Candidates for the CMA are eligible for examination awards based on the total score of parts 1 and 2.
• To qualify for an award, you must (1) pass each of the two parts on the first attempt, and (2) complete both parts within two months (January/February, May/June, or September/October).
• The awards available are described below
• .Johnson & Johnson sponsors the Gold, Silver, and Bronze Medals. They are awarded to the candidates achieving the top scores on the CMA examination.
• A Student Performance Award is presented to the college student earning the highest scores on the CMA examinations.
• The ICMA Board of Regents presents Certificates of Distinguished performance to other candidates attaining superior scores.

• Upon completion of all parts of the CMA exam, you will be required to complete 30 hours of continuing education annually, 2 hours of which must be in the area of Ethics.
• Reporting of continuing education is done in conjunction with the annual recertification invoice.
• Credit will be given for subjects relevant to a management accountant’s or financial manager’s career development and related to employer needs.
•  The ICMA grants credit for programs sponsored by education organizations, employers, business organizations, and professional and trade associations.
• Programs may be in the form of college courses, seminars, workshops, technical meetings, self-study packages, or online courses