The Certified Management Accountant (CMA) is offered by the Institute of Management Accountants (IMA). The advanced professional certification is specifically designed to measure the accounting and financial management skills that drive business performance. The CMA program has been designed to meet the evolving needs of business –today and tomorrow.
Download our CMA brochure for more information
Part I Weight
External Financial Reporting Decisions 15%
Planning Budgeting and forecasting 30%
Performance Management 20%
Cost Management 20%
Internal Controls 15%
Part II Weight
Financial Statement Analysis 20%
Corporate Finance 20%
Decision Analysis and risk management 35%
Investment Decisions 10%
Professional Ethics 15%

You will discover a new teaching methodology with FRI’s Certified Instructors that will make the hardest concepts easy to understand with a great amount of real life examples and exercises.

The CMA exam Testing Windows are:
  • January-February
  • May-June
  • September-October

  • Bachelor's degree from an accredited college or university
  • Foundational knowledge of economics, basic statistics, and financial accounting
  • Two continuous years of professional experience
  • For certified CMAs:  
    30 hours of CPE credits,  including two hours of ethics,  and annual IMA membership  are required to maintain  active status

  • Part 1: Financial Planning, Performance and Control : 4 hours – 100 multiple choice questions and two 30-minute essay questions
  • Part 2: Financial Decision Making: 4 hours – 100 multiple-choice questions and two 30-minute essay questions

  • To sit for the CMA exam you must first become a member of the Institute of Management Accountants (IMA)
  • You must also pay a one time Enrollment fee to start the CMA program
  • Finally, you have to pay the fee for the exam for each Part
Description Fees
Membership fee (annual) 220$
Application fee (one time fee) 15$
Enrollment fee (one time fee) 250$
Exam Registration fee per Part 415$

The CMA® and Certified Management Accountant® marks are the property of the Institute of Management Accountants.