IMA® (Institute of Management Accountants) is dedicated to excellence within the management accounting profession. The CMA® (Certified Management Accountant) designation was developed in 1972 to provide an objective measure of an individual’s knowledge and competence in the field of management accounting. Only the CMA program recognizes the unique proficiencies required for success in this challenging profession
ICMA® (Institute of Certified Management Accountants) regularly reviews the content of the CMA exam to ensure that current topics are appropriately updated and relevant to business practice. Connectivity of a practical Body of Knowledge to the workplace is important. The CMA exam aligns with the knowledge, skills and abilities that an accountant or finance professional in business uses on the job today—financial planning, analytics, control and decision support. These skills are critical to the success of finance teams.
The CMA program has been designed to meet the evolving needs of business—today and tomorrow. We look forward to helping you achieve excellence as a professional. Certification will confirm your proficiency in your chosen field and your dedication to personal and professional growth.
What Is CMA?
Certified Management Accountant (CMA™) is a professional certification offered by the
Institute of Management Accountants (IMA) that verifies a person’s knowledge in management accounting, corporate finance and business management.
Who is CMA For?
CMA Exam Eligibility and Format
Before becoming a CMA, an individual must meet the following requirements:
1.Hold a Bachelor’s degree in any subject.
2.Have two years of work experience in management accounting.
3.Be a member of the IMA in good standing.
4.Pass both Parts of the CMA exam within three years of entering the CMA program.
Each Part of the CMA exam contains 100 multiple-choice questions and two essay questions.
Candidates have three hours to complete the multiple-choice questions and one hour to
complete the essays.
QUANTUM LEAP ACADEME – HOCK
Subscription Model. You can subscribe for one or six months or purchase two years’ access. The subscription starts with a seven-day free trial and includes all of HOCK’s CMA materials for both Parts.
HOCK PassMap.™ Our Learning Management System PassMap™ guides you through the exam syllabus, one topic at a time. Each Study Unit in PassMap™ links the textbook, practice questions and videos.
Personalized Study Plan. Shows an overview of your entire study schedule and an estimate of how many hours you need to study each week to stay on track
Textbooks. A comprehensive yet easy-to-read textbook provides complete coverage of the CMA syllabus. Highlight, underline and annotate the online textbook, viewable on any device
Multiple Choice Questions (MCQs) and Essays. Practice questions using an interface like the real exam. Detailed explanations are included for all answer choices
Mock Exams. The mock exams contain questions not used elsewhere in
the materials and provide a final review before taking the real exam.
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IMA
The Certified Management Accountant (CMA) is a worldwide certification provided by IMA that any aspirant can earn in 9-12 months. It helps you become skilled in management accounting and the certification is recognised in 150+ countries across the globe.
To become a certified CMA, apart from passing the exams, you must meet these criteria:
CMA USA focuses more on management accounting and financial strategy development than the other certifications.
You must score at least 360 out of 500 to pass the CMA exam. You must also get at least 50% of the MCQs right to access the Essay-based Scenario questions.
Yes, Two Part exams
A student willing to work hard can complete the CMA USA course within 6 - 12 months.
CMA USA exam contains 100 multiple-choice questions and two scenario-based essay questions. It is a 4-hour exam with 3 hours allocated to multiple-choice questions and 1 hour to essay questions. However, to move on to the essay section, one must correctly answer at least 50% of the multiple-choice questions.
Yes, you can choose the order in which you take the exam parts.
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