The CMA® (Certified Management Accountant) is an advanced professional qualification from the Institute of Management Accountants (USA), specifically designed to measure the accounting and financial management skills that drive business performance. Achieving CMA status demonstrates your mastery of financial planning, analysis, control, and the ability to support business decisions, as well as professional ethics.
Part 1 :
Financial Planning, Performance and Control (Levels A, B, and C) Planning.
Budgeting and Forecasting, Performance Management , Cost Management , Internal Controls, Professional Ethics.
Part 2 :
Financial Decision-Making (Levels A, B, and C) Financial Statement Analysis, Corporate Finance , Decision Analysis and Risk Management, Investment Decisions, Professional Ethics.
Candidates for the CMA qualification are assumed to have knowledge of the preparation of financial statements, business economics, time-value of money concepts, statistics and probability
Leading employers seek to hire and promote CMAs. Companies such as 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, ConAgra, Hewlett-Packard, Johnson & Johnson, Microsoft, Procter & Gamble, KeyCorp, Whirlpool, Saudi Aramco, Verizon and Xerox have CMAs in key management roles. CMAs earn higher compensation than non certified professionals.
52 hours total of 4 hours per day plus more 8 hours for solving exams and questions for certoficate exam