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.