The Certified Management Accountant (CMA) USA designation, awarded by the Institute of Management Accountants (IMA), is a prestigious certification for professionals specializing in management accounting and financial management. The CMA program emphasizes the critical role of management accountants in driving business success through informed financial leadership.
IMA (Institute of Management Accountants, USA) is the leading global association for management accounting professionals.
The head office is located in Montvale, New Jersey, USA.
With over 140,000 members, IMA USA is a prominent professional association for management accountants worldwide.
1919, Buffalo, New York, United States
The Institute of Management Accountants (IMA) envisions being the leading resource for developing, certifying, connecting, and supporting the world’s best accountants and financial professionals in business. Its mission is to empower accounting and finance professionals to strengthen organizations and drive value creation through the highest standards of integrity, innovation, and expertise.
Anyone who has completed a Bachelor’s degree from an accredited college or university or pursuing his/her degree is eligible to sit for the CMA Exam. Please note that ACCA members do not need to be graduate in order to get their CMA designations.
Financial Reporting, Cost Management, Performance Management, Planning, Budgeting, and Forecasting, Internal Controls, Corporate Finance, Decision Analysis, Investment Decisions, Ethics in Accounting, Financial Statement Analysis, Global Financial Management, Professional Ethics and Responsibilities, Technology and Analytics.
Management Accountants, Financial Analysts, Controllers, Cost Accountants, Finance Managers, Corporate Finance Professionals, Internal Auditors, Accounting Consultants, Strategic Planners, Entrepreneurs and Business Owners, Academics and Educators, CPA Holders, Financial Controllers.
CMA (USA) consists of two parts, each focusing on specific knowledge areas. Here’s a breakdown of the CMA USA course structure:
It provides candidates with the essential tools to manage financial planning, analyze organizational performance, and apply analytical methods to improve decision-making. Mastery of these concepts helps professionals optimize financial performance and support business objectives.
This section is designed to equip candidates with the skills necessary to make informed financial decisions that align with an organization’s long-term goals, optimize performance, and manage financial risks effectively.
External Financial Reporting Decisions – 15% (6)
Cost Management – 15% (5)
Planning, Budgeting and Forecasting – 20% (3)
Performance Management – 20% (2)
Internal Controls – 15% (2)
Technology and Analytics – 15% (2)
Financial Statement Analysis – 20% (3)
Investment Decisions – 10% (1)
Corporate Finance – 20% (5)
Decision Analysis – 25% (3)
Risk Management – 10% (1)
Professional Ethics – 15% (2)
Berkeley offers expertly developed learning materials tailored to meet participants' needs, ensuring comprehensive coverage of the syllabus and optimal exam preparation.
Berkeley’s methodologies equip participants with the essential knowledge and tools for both exams and future success.
Evaluates and ensure the quality of the training program and all its deliverables. This is measured through the following indicators:
* Computer-Based Exams
| Part/Module | Exam format | Exam duration |
|---|---|---|
| Part 1: Financial Planning, Performance & Analytics | 100 Multiple-Choice Questions and Two Essay Questions | 4 hours |
| Part 2: Strategic Financial Management | 100 Multiple-Choice Questions and Two Essay Questions | 4 hours |
Exams are offered in yearly 3 exam windows:
Any date in these months you can choose based on your time management.
Exams are scaled, based on their respective difficulty, to scores ranging from 0 to 500 to maintain uniformity and consistency regardless of the number of items present on your particular test form. You need a 360 to pass, but note that, because of statistical equating, a scaled score of 360 does not necessarily convert to a 72%. A candidate with a more difficult test might only score 68% of the total points available and still wind up with a passing scaled score of 360.
The CMA USA (Certified Management Accountant) exam, administered by the Institute of Management Accountants (IMA), is offered at various Prometric testing centers worldwide. Candidates can select their preferred exam location during registration, making it convenient to sit for the exam in their home country or region.
| ✓ Bahrain | ✓ India | ✓ Jordan | ✓ Saudi Arabia | ✓ Brazil | ✓ Ireland |
| ✓ Kuwait | ✓ Scotland | ✓ Egypt | ✓ Israel | ✓ Lebanon | ✓ South Korea |
| ✓ England | ✓ Japan | ✓ Nepal | ✓ United Arab Emirates | ✓ Germany |
Globally, CMAs earn 21% more than those without certification (and in some regions, they earn up to 43% more). IMA’s Salary Surveys measure several factors: members’ base salary, total compensation, impact of the CMA, and job satisfaction.
Management Accountant Salary Key Insights*
Here are the average salaries for Certified Management Accountants:
You will get a certificate of completion, which is highly reputed and accepted by employers.
Global Recognition
Earn a certification recognized worldwide, enhancing your professional reputation and career opportunities.
Career Advancement
Obtain credentials that qualify you for senior roles in management accounting and finance.
Comprehensive Curriculum
Gain in-depth knowledge in financial management, strategic planning, and analysis.
Professional Development
Access resources and networking opportunities that support ongoing career growth and learning.
Increased Earning Potential
Leverage the CMA credential to increase your earning potential and professional standing.