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What is the Certified Management Accountant (CMA®)?


A: The CMA® designation is an advanced, globally recognized credential that supports management accounting and finance professionals who drive business performance from inside organizations. It is designed to foster the professional development of those who hold it, preparing them to anticipate the needs of their organizations and play an integral role in the strategic decision-making process, while also upholding the highest level of professional and ethical standards. IMA's CMA program embodies an extensive and advanced-level curriculum requiring candidates to demonstrate thorough knowledge of accounting, finance and important related fields, as well as the ability to integrate accounting and financial information into the business decision process. CMA exam topics include economics, business finance, situational analysis, and decision making, with a strong emphasis on ethics. Combined with relevant rule-based subject matter, the four-tiered CMA exam is designed to develop and measure critical thinking and decision-making skills.

 

Why should I get my CMA?


A:   Beyond the fact that salary surveys have shown a certified professional earns approximately 22 percent more than a non-certified professional, holding the CMA or CFM sets you apart from other practitioners and demonstrates your dedication to the profession, a commitment to excellence, and a pledge to adhere to the highest ethical standards.

More than 90 percent of finance professionals today work inside organizations, where expertise in decision support, planning, and control over value-creating operations is a crucial element of operational success. The CMA is the advanced, globally recognized credential that best supports these professionals who drive business performance from inside their organizations. Businesses around the world look to CMAs to contribute the management accounting expertise needed to add strategic value to the organization. Also, potentially as many as 80 percent of those who enter public accounting eventually leave to work in industry, and the CMA program best prepares these professionals for the transition to a more advanced, strategic role within an organization.

Click on the CMA LOGO below to find out more information about the CMA exam!

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