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8/3/2019 CMA the Essential Credential
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CMAThe Essential Credential
or Accountantsand Financial Proessionals
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The EssentialCredentialfor Accountants and Financial Professionals
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The CMA (Certified Management Accountant)
is the advanced proessional certification specifi-
cally designed to measure the accounting and
financial management skills that drive businessperormance. Achieving the CMA credential
demonstrates your mastery o financial planning,
analysis, control, and decision support, as well
as proessional ethics.
The CMA credential is...
FocusedOn the critical skills you use in business.
RespectedLeading employers seek to hire and
promote CMAs.
ValuedCMAs earn higher compensation than
noncertified proessionals.
ConvenientCMA Exams are ofered electron-
ically in hundreds o locations worldwide.
The CMA is tailor-made or finance proessionals
at all levels, whether you want to enhance yourvalue to your current organization or expand
your career potential.
See why the CMA is the essential credential
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MeasuringWhat
Matters
The CMA exam is designed specifcally to validate mastery o the advanced skills required to
manage fnance unctions within an organization, enabling you to deliver value in todays complexbusiness environment.
There are two parts to the CMA exam, consisting o our hours each, which can be taken in any order.
The exam is structured as ollows:
By ocusing only on advanced accounting and fnancial management skills, the exam is rigorous
yet responsive to the needs o the marketplace and time-constrained proessionals.
PART I
Financial Planning, Perormance
and Control
Planning, budgeting, and orecasting
Perormance measurement
Cost management
Internal controls
Proessional ethics
PART II
Financial Decision Making
Financial statement analysis
Corporate fnance
Decision analysis and risk management
Investment decisions
Proessional ethics
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Financial Planning
Risk Analysis
Internal Controls
Financial Decision Making
The CMAmeasures competency
in theseadvanced skill sets
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Delivering aHigh ROI
The CMA is the certifcation program with the potential to deliver signifcant return on your investment.
Consider the acts:
Proessionals with a CMA earn nearly $30,000 more in average total annual compensation
than noncertifed peers.*
The total cost o the CMA program is approximately $2,500.
Plus, the CMA program lets you proceed at your own pace. You can earn a CMA in 12 months or over
three years. Busy proessionals will fnd the CMA to be time-efcient and cost-eective.
* IMA Annual Salary Survey, 2009
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On average, CMAs earn nearly
$30,000 higher
annual compensation
Noncertified
Accounting
Proessionals
$95,974*
CMA
Accounting
Proessionals
$125,600*
* IMA Annual Salary Survey, 2009
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ExpandingYour Career
Options
CMA certifcation can expand your opportunities in your current business or your uture career.
Leading employersrom multinational corporations to private frms, academic institutions, and not-
or-proft organizationsseek out CMAs to fll positions requiring critical accounting and fnancial
management skills.
Today, CMAs hold key positions in a wide range o companies, including 3M, Alcoa, AT&T, Bank
o America, Boeing, Cargill, Caterpillar, Hewlett-Packard, Johnson & Johnson, Procter & Gamble,
and Verizon.
Earning the CMA will make you part o a network o over 30,000 credentialed peers worldwide.
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Private Firms
Not-for-Profit Organizations
Government Organizations
Multinational Corporations
Academic Institutions
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ConvenientExam
and FlexibleStudyOptions
The CMA exam is administered electronically in hundreds o testing acilities worldwide. With three
exam windows each year, you can schedule exams at a time and place convenient or you.
IMA and a number o top course providers oer a variety o exam prep options to meet the needs
o busy proessionals. Choose one o the ollowing, or blend several approaches, to fnd the learningstyle that works best or you:
Sel-study (print and online) Live, instructor-led sessions Study groups (online)
We also oer a comprehensive Exam Support Package (ESP), including retired exam questionsand answers, as well as a CMA Candidate Resource Guide flled with helpul inormation.
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Sel-Study
Live orOnline
Instructor-LedCourses
Online Sel-Study Online Study Groups
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RealStatements
from RealPeople...
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The CMA has given me a
tremendous amount o value.
Not just on the fnancial endo things, but because Ive
gained broad-based accounting
knowledge. Ive been able to
advance my career because
that knowledge translates into
benefts or the companies
I work or.
Tammy Drescher, CMA
Senior Cost AccountantDiamond Foods, Inc.
I can tell you the CMA certifcation or other
proessional credentialing is key or our 1,800
accountants. And, we have a credential expertise
requirement or our senior leadership team
to help ensure long-term, transparent fnancial
reporting and SOX compliance.
David Burritt, CMA, CPAChie Financial OfcerCaterpillar, Inc.
I tell my students: Taking the CMA exam
is something you can do even beore
graduation. It gives you and your potential
employer evidence that youre well prepared
and well qualifed. The CMA sets you apart
rom others who have a college degree alone,
and its something that is recognized and
respected by a lot o potential employers.
Christine McKeag, CMA, CFM, CPA
Assistant Dean, Schroeder Family
School o Business AdministrationUniversity o Evansville, Indiana
I use my CMA body o knowledge
every day. It comes naturally in
the role o CFO, because I need
to look at things rom many
dierent angles, not just romthe fnancial perspective.
Management accounting skills are
very much in demand as oreign
and local companies reach out
rom the local marketplace and
into more global arenas. The
CMA body o knowledge is very
valuable in this regard.
John K. Lau, CMA, CFM, CPAChie Financial Ofcer
WesTrac China
At Microsot, we look or a combination o solid accounting skills, the ability to think
strategically and strong business ethics. I someone is a CMA, we can be more comortable
that the person has mastered these aspects o the proession.
Bob Laux, CMA, CPA
Director o Technical Accounting
and Reporting
Microsot Corporation
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CMA
Requirements
Bachelor's degree
rom an accredited college
or university
Two continuous years
o proessional experience
Foundational knowledge
o economics, basic statistics,
and financial accounting
For certified CMAs:
30 hours o CPE credits,
including two hours o ethics,
and annual IMA Membershipare required to maintain
active status
21
To be certified as a CMA,
candidates must ulfill both an
education requirement and
an experience requirement in
addition to passing the exam
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About IMA
IMA, the worldwide association or accountants and
financial proessionals working in business, ofers
its members exclusive access to the CMA program.IMA is committed to helping its members expand
their proessional skills, drive the perormance o
their organizations, and enhance their careers.
Visit www.imanet.org or call Member Services at (800) 638-4427
to learn more about the CMA program.
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Visit www.imanet.org or call Member Services at (800) 638-4427