CMA
Exam Preparation Course
The CfBS preparation course for the CMA exams takes place
in Zurich. The CMA exam preparation course consists of 128 lessons
and is structured according to the Content Specification Outlines
of ICMA. The course teaches the most complex and frequently
asked concepts and gives a framework to structure the exam preparation.
It is designed so that candidates can build up gradually the
knowledge and strategy to pass the exam successfully.
CMA Program
In today's competitive business environment the skills of CFOs,
treasurers, controllers, and accountants have to be much broader.
Rather than just accumulating data, they have to provide support
to management in analyzing the information gathered and thereby
shaping the company's future. The CMA (Certified Management
Accountant) is an internationally
recognized certification that prepares today's professionals
for their demanding roles in the fields of accounting and financial
management.
The CMA examinations were developed and are offered by the
Institute of Certified Management Accountants (ICMA) in approximately
200 locations in the U.S. and an additional 200 international
locations. ICMA is an affiliate of the Institute of Management
Accountants (IMA) which is the world's leading professional
organization dedicated to the advancement of accounting, finance,
and information management with more than 70,000 members world-wide.
The CMA exam is based on the Content Specification Outlines
of ICMA which contain the following parts: |
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Part 1 CMA: Business Analysis (3 hours
- 110 multiple-choice questions) |
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Part 2 CMA: Management Accounting and
Reporting (4 hours - 140 multiple-choice questions) |
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Part 3 CMA: Strategic Management (3 hours
- 110 multiple-choice questions) |
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Part 4 CMA: Business Applications (3 hours
- 4 to 7 essays/problems) |
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| The CMA exam is a computer-based
test. Parts 1, 2, and 3 CMA are multiple
choice type questions, whereas part 4 CMA is tested in essay
format. As the topics of the first three parts may again be
tested in part 4 CMA (together with new material), part 4 CMA
can only be taken once candidates have successfully completed
all the other parts. |
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More information about ICMA
and the CMA examinations can be found at www.learncma.com.
Requirements for the CMA Certification |
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Pass all parts of the exam |
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Bachelor’s degree or an equivalent
to a bachelor’s degree (i.e. Fachhochschule,
Universität, Controller, Wirtschaftsprüfer) |
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Two continuous years of professional experience
in management accounting or financial management |
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Two character references need to be submitted
to IMA |
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Compliance with the IMA Standards of Ethical
Conduct |
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Being a member of IMA and 30 hours of
continuing professional education per year |
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