Who teaches CMA Part 2?

Musa Shaikh teaches this Berkeley course. His teaching covers finance, management accounting and professional exam preparation.

Can I study CMA Part 2 from Dubai or Abu Dhabi?

Yes. Candidates in Dubai, Abu Dhabi and throughout the United Arab Emirates can access the programme.

Can I join CMA Part 2 from Saudi Arabia?

Yes. Candidates in Riyadh, Jeddah and throughout Saudi Arabia can join the programme.

Can I join from the USA?

Yes. Live online delivery allows candidates throughout the United States of America to participate.

Can I join from the UK or Europe?

Yes. Candidates throughout the United Kingdom and Europe can access live online preparation.

How many lectures are included?

10 lectures, 2 practice sessions and 3 mock examinations.

What does CMA Part 2 cover?

First, study financial statement analysis and corporate finance. Next, work through business decision analysis. In addition, cover enterprise risk management, capital investment decisions and professional ethics.

What is the CMA Part 2 exam format?

From the September–October 2026 window in the targeted regions, the examination consists of 100 multiple-choice questions and two case-based questions.

What score is required to pass?

Candidates require a scaled score of 360 out of 500.

Can I take CMA Part 2 before Part 1?

Yes. The two examination parts may be taken in either order.

Does Berkeley award the CMA designation?

No. Berkeley provides exam preparation and a course completion certificate. To earn the official Certified Management Accountant designation, you must meet IMA requirements. Therefore, check those requirements separately from course enrolment.

Certified Management Accountant: Complete Part 2

Overview

Certified Management Accountant Part 2 preparation with Musa Shaikh

The Certified Management Accountant Part 2 course with Musa Shaikh develops skills in strategic finance. Learn to read financial statements, assess funding choices and weigh business decisions. The course also covers risk, capital investment and professional ethics. Its 10 lectures connect these topics with practice and exam preparation.

Course overview and finance example
Ten-lecture study plan
Course questions and certification

Certified Management Accountant Part 2 skills

First, use ratios to understand profit, cash and financial strength. Next, consider how a firm can raise funds and meet its obligations. Then, compare pricing and other business choices. In addition, assess risks that may change the result. Finally, apply sound ethical judgement when you report your findings.

The CMA Part 2 course with Musa Shaikh links calculations with their business meaning. For example, a strong profit margin does not always mean that a firm has enough cash. Therefore, review the figures together and explain what they show. State the limits of your analysis before you make a recommendation.

A practical finance example

Imagine a firm that plans to buy a new production machine. First, estimate the cash it will cost and the cash it may save. Next, compare the investment with other uses of those funds. Then, test what happens if sales fall or costs rise. In addition, consider how debt may affect the firm.

Use this example to connect capital investment with corporate finance and risk. However, a favourable calculation is only part of the decision. You also need clear assumptions and a fair account of uncertainty. Finally, explain the result in plain language so a manager can understand your reasoning.

Study prompt: Which assumption has the greatest effect on the decision, and what evidence supports it?

Ten-lecture study roadmap

Lectures	Topic	Study purpose
1–2	Financial statement and advanced analysis	Interpret performance and financial position.
3–4	Corporate finance and financial strategy	Compare funding and strategic choices.
5–6	Business decision analysis and pricing	Use relevant costs to assess alternatives.
7	Enterprise risk management	Identify risk and possible responses.
8	Capital investment decisions	Evaluate long-term uses of funds.
9	Professional ethics	Apply ethical judgement to finance work.
10	Exam integration	Connect topics and plan revision.

Build a focused revision routine

The programme includes 2 practice sessions and 3 mock examinations. First, attempt questions without looking at the answers. Next, review each error and identify its cause. Then, revisit the concept and try a fresh question. In addition, record where you lose time. Finally, use the mock results to set your study priorities.

This Certified Management Accountant preparation course supports CMA Part 2 study. Berkeley course completion and the official CMA designation have separate requirements. Review the IMA certification guidance and the course FAQs. Contact Berkeley to discuss the available learning options.

Offered by

The Certified Management Accountant (CMA) qualification is offered by the Institute of Management Accountants (IMA), United States of America.

Head office

Montvale, New Jersey, United States of America.

Members

The Institute of Management Accountants serves management accounting and finance professionals working across corporate finance, financial analysis, strategy and business leadership worldwide.

Preparation goals

Berkeley's Certified Management Accountant (CMA) training with Musa Shaikh develops finance professionals who can analyse performance, evaluate strategic alternatives, manage financial risk and support value-creating business decisions.

What is the eligibility?

Candidates may take Certified Management Accountant (CMA) Part 1 and Part 2 in either order. To earn the official CMA designation, candidates must meet the Institute of Management Accountants' (IMA) examination, education, professional experience, and membership requirements.

Who can do?

Topics you will study

Financial statement analysis, corporate finance, business decision analysis, enterprise risk management, capital investment and professional ethics.

Relevant professional roles

Management Accountants, Financial Analysts, Financial Controllers, Finance Managers, Corporate Finance Professionals, Financial Planning and Analysis Professionals, Investment Analysts, Risk Professionals, Accountants, Business Consultants, Entrepreneurs and Finance Graduates..

Lecture plan

Certified Management Accountant (CMA) Part 2 preparation with Musa Shaikh consists of:

Session 1: Financial Statement Analysis

Financial Statement Analysis (1)

Comparative analysis, common-size statements, financial ratios, profitability, liquidity and performance evaluation.

Session 2: Advanced Financial Analysis

Advanced Financial Analysis (1)

Earnings quality, accounting considerations, financial interpretation and analysis of organisational performance.

Session 3: Corporate Finance

Corporate Finance (1)

Risk and return, cost of capital, capital structure, working capital and financing decisions.

Session 4: Corporate Financial Strategy

Corporate Financial Strategy (1)

Sources of finance, dividend policy, restructuring, international finance and strategic financial decisions.

Session 5: Business Decision Analysis

Business Decision Analysis (1)

Cost behaviour, contribution analysis, break-even analysis, relevant costs and short-term decision-making.

Session 6: Pricing & Strategic Decisions

Pricing & Strategic Decisions (1)

Pricing decisions, profitability analysis, capacity decisions, marginal analysis and business decision techniques.

Session 7: Enterprise Risk Management

Enterprise Risk Management (1)

Identification, assessment and management of enterprise, financial and operational risks.

Session 8: Capital Investment Decisions

Capital Investment Decisions (1)

Capital budgeting, cash flows, net present value, internal rate of return and investment evaluation.

Session 9: Professional Ethics

Professional Ethics (1)

Ethical standards, professional responsibilities, ethical conflicts and resolution of professional issues.

Session 10: Certified Management Accountant (CMA) Part 2 Exam Integration

Certified Management Accountant (CMA) Part 2 Exam Integration (1)

Integrated calculations, high-weight topics, strategic case application, revision and examination technique.

Instructors

Dr. Musa Shaikh

Musa Shaikh is an internationally recognised academic, lecturer and executive educator with over two decades of teaching and industry experience across the UAE, Saudi Arabia, UK and USA. He has taught and mentored thousands of students, professionals and executives, combining academic rigour with real-world expertise in finance, investment, governance, risk, audit, strategy and leadership.

View detailed profile

Learning Methodology

First, learn the finance concept behind a question. Next, choose the right method and work through the figures. Then, explain what the result means for the business. In addition, use the topic weightings to plan your study time. Finally, review mistakes and try again.

Lectures (10 Lectures)

The 10 lectures cover CMA Part 2 topics. First, study financial analysis. Next, connect funding, business choices and investment. In addition, learn how risk and ethics affect these decisions. Finally, bring the topics together in revision.

Practice Session (2 Practice Sessions)

The 2 practice sessions focus on questions and finance calculations. First, work through ratios and corporate finance problems. Next, compare business and capital investment choices. Then, check your method as well as your answer.

Mock Examination (3 Mock Examinations)

The 3 mock examinations test knowledge, calculation accuracy and use of time. First, complete the questions under timed conditions. Next, review gaps in your understanding. Finally, use those results to plan focused revision.

Berkeley's Performance Standards

Berkeley reviews teaching quality, topic coverage and study materials to support CMA preparation. In addition, question practice and class discussion help track understanding. Mock examinations provide a further view of progress.

For example, repeated calculation errors may show a topic that needs more work. Therefore, review both the method and the result. Then, use candidate feedback and academic progress reviews to guide further study support.

Official Certified Management Accountant (CMA) Part 2 Weightage

Examination Information	Details
Competency Areas	Financial Statement Analysis (20%), Corporate Finance (20%), Business Decision Analysis (25%), Enterprise Risk Management (10%), Capital Investment Decisions (10%), Professional Ethics (15%)
Exam Format	Computer-based examination assessing Strategic Financial Management
Question Format	Case-based questions are the standard English examination format
Exam Windows	January – February; May – June; September – October
Passing Criteria	Scaled score from 0 to 500; minimum passing score is 360
Scoring Method	The scaled score should not be interpreted as a simple percentage
Exam Locations	Prometric testing centres worldwide
Available Regions	United Arab Emirates, Saudi Arabia, United States of America, United Kingdom, Europe

Training Calendar