An In-depth Review of the CMA Course
Going through the CMA
course and getting this prestigious certification will help you to gain a
lot of exposure in the finance and accounting field.
Here is an overview of
the CMA course.
Eligibility Criteria
for the CMA
To pursue this program
conducted by the IMA, certain criteria have to be fulfilled by the candidates
as per the specifications laid down by the Institute. Those who fail the
requirements or have discrepancies in the application will not be allowed to
get admission to the CMA course. The key requisites of the course are as
follows.
·
A Membership of the IMA
·
A bachelor’s degree from a well-known
institution in this field.
·
Two years of continuous work experience
in Financial Accounting or Management Accounting
·
Give the undertaking to follow Statement
of Ethical Professional Practice of the IMA.
Only after these
conditions are met will admission to the CMA course be considered.
Exam Structure of the
CMA Course
The CMA exam consists
of two sections, Part 1 and Part 2. Candidates have to qualify for both exams
to get the CMA certification. It is possible to complete Part 1 or Part 2 of
the CMA course in any order but you can start the other only after you
have completed the one taken up first. Registration for an exam is valid for
one exam window only. Hence, repeat registration is required if you want to
appear again for the examination.
A computer-based test,
the exam for the CMA course is of 4 hours consisting of 100
multiple-choice questions and two essays of 30 minutes each. Every year the
testing windows open in January/ February, May/ June, and September/ October for booking the
slot of choice.
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