How to Become a CMA in 1. Months My Awesome Complete Guide. This page is dedicated to professionals who would like to enhance their career with a CMA certification. The first 5 steps are important decisions to make before the application process. Certified Management Accountant Cma Program Requirements' title='Certified Management Accountant Cma Program Requirements' />To qualify for the CMA, you need to meet certain requirements 1. Usb Serial Port Adapter Schematic there. Bachelors degree from an accredited college or university 2. Or hold a professional certification. Global Academy of Finance and Management Certified Programs Certification Accredited Financial Analyst AFA Accredited management Accountant AMA Financial Analyst. Step 6 1. 2 shows exactly what you need to do from registration, planning, studying, passing the exam to getting the certification. The first step is NOT about filling out application forms and paying the fees. The first step is to make sure you understand what you are getting into, and whether this certification has tangible benefits to your career. Identify Benefits of the CMA Certification. The CMA certification is granted by a US institution called the Institute of Management Accountant, or the IMA. In order to take the exam and maintain active status of the CMA title, you must first sign up as a member. Most accountants and auditors need at least a bachelors degree in accounting or a related field. Certification, including the Certified Public Accountant CPA. The Society of Management Accountants of Canada French La Socit des comptables en management du Canada, also known as Certified Management Accountants of. Online CPA Program Info Training for Certified Public Accountants. Get info about online programs in CPA training. Read about program requirements, course topics and. Certified Project Manager International Master Project Manager Training Project Management Certification Institute Project Management AssociationDesignation. What do you gain as an IMA member Besides the ticket to the CMA exam, does it help in networking and developing your skill as a management accountant Compare CMA with Other Accounting Certifications. Getting this certification is a substantial investment in time, energy and effort. Please take the time and determine how CMA is going to help you in your personal and career development, and whether this qualification is the best choice given your background and aspiration 3. Analyze Your Ability Can You Make ItLearn everything you ever needed to know about how to become a CMA. Review Courses. Fees. Exam Prep. Study Materials and much moreNow that you are certain CMA is the way to go, can you handle the exam itself What does it test anyway, and how difficult is it Perform Your Benefit Cost Analysis. Money matters. Short term consideration It will cost around 2,0. Can you afford the exam fees Long term consideration Can the title help you negotiate a higher salaryFulfill CMA Educational Requirements. Good news the rule is quite standard. Candidates are required to have a bachelor degree, and it can be obtained in any recognized universities around the world, and in any discipline. Please follow these steps to determine your eligibility Check if your university is on this list. Request an original transcript to be sent directly to the IMA. A week later, log on your profile on the IMA website, and check if your transcript is on file. In the event that your school is not listed, you can still get your transcript evaluated by one of the credential evaluation agencies and send an official transcript to IMA for reference. Pay IMA Membership Fee. Once confirm your interest and eligibility for the exam, you may join the IMA as a professional member. If you are a US or Canadian resident aged 3. If you are a current student defined as taking at least 6 credit hours of courses this semester, check out the student discount. The student discount applies to candidates around the world. Here are the steps Select your home country. Groovy Download File Http. Select the appropriate membership category and click Join Today. Click Join to confirm your selection and continue with your application. Fill out the online application. Look out for an e mail that confirms your successful enrollment as an IMA member. In the online application form, you will be asked to fill out your personal and professional information, such as other professional credentials, education, job title and responsibility, followed by a request to pay the annual fee by credit card. The whole process shouldnt take more than 1. Join the CMA Program. Joining the IMA membership does NOT automatically kick off the CMA exam process. In order to do that, you need to enroll in the CMA program. Many candidates join the membership and CMA program together i. Step 6 and 7 together, but it is not mandatory. You should join the CMA program only when you are ready to take the exam. The Hermit Sessions'>The Hermit Sessions. Once you enroll in the program and pay the entrance fee, you must Start taking the CMA exam within 1. Complete the CMA program within 3 years. Here are the steps of enrollment Pay the CMA Entrance Fee 2. Look out for an e mail that confirms your successful enrollment in the CMA program. Read the instruction in the email on how to access the CMA Exam Support Package. Register for the Exam Parts. After enrolling in the CMA program, you may register for the exam. The examination consists of 2 parts Part 1 Financial Planning, Performance and Control. Part 2 Financial Decision Making. It does not matter which part you take first. I suggest that you take the part you feel more comfortable with. If confident enough, you can even take two parts within the same testing window. You may choose to register online, by phone with credit card information, or by mailing faxing the registration form. Here are the steps Determine which exam parts to take, and in which testing window. Pay for the exam registration fees 3. Look out for an e mail that confirms your successful registration in the exam parts. Articles for your reference 9. Locate the Closest Test Center and Schedule the Exam. Upon successful registration, you can schedule the date and time of the exam parts at prometric centers in the US and around the world. The centers are open every weekday during the following testing window January and February. May and June. September and October. You can typically cancel an appointment within 7. A refund minus 2. Prepare for the Exam. New candidates joining the CMA program receive a 6 month free access to the Exam Support Package on the IMA Learning Center, beginning on the day you pay the entrance fee see Step 7 above. This package includes a glossary of terms, and downloadable and printable multiple choice and essay practice questions. To increase your chance of passing success, I highly recommend you get additional learning tools from CMA review courses. Here are the pros and cons of major providers, together with my recommendation 1. Complete Working Experience Requirements. The candidate must have two continuous years of professional experience in management accounting or financial management. Part time work is accepted but internships and training programs are not considered. Comply with Ethical Standard and CPEAfter completing the two parts of the CMA exam and fulfill the experience requirement, you may apply for the CMA certificate. CMAs are required to take 3. CPE continuing professional education, 2 of which has to be in the area of ethics. You should also expect to pay the annual membership fee to maintain your certification. Here is a Summary. This is a video summarizing the process on how to become a CMA. Can I be More Helpful I know the process sounds complicated, but once you take the first step on how to become a CMA, its completely doable. I am more than happy to help you along the way If you find this article helpful, please consider signing up to my mini course which is completely free. You can learn more about this mini e course here.