CMA - The Most Global Management Accounting Certification

The CMA – certified management accountant - is the globally recognized, advanced-level credential appropriate for professionals in controlling and finance.

Achieving the international standard of the CMA demonstrates a professional expertise in financial planning, analysis, control, decision support, and professional ethics. CMAs are schooled in a curriculum that balances accounting with management and strategy.
It is important to look beyond what is being done locally. Knowing both international and local standards in cost accounting and controlling gives you an edge in your financial competence.

What is the CMA?

The qualification is international comparable and proves your theoretical and practical knowledge of financial management and controlling – including risk management, internal control and strategic management. The CMA syllabus is not static but evolves with state-of-the-art tools, methods and regulations. You can prove your proficiency not only in your local language but also in business English.

The CMA proves to your employer that you are really dedicated to your career and job and have the necessary controller skills that are in demand by organizations around the world.

To date, more than 45,000 CMAs have been certified in more than 100 countries. All CMA professionals are interconnected in networks and share their experiences online and offline in conferences, webinares and workshops. In Europe the network comprises 2,600 members and 9 chapters. The chapters ensure that you have local networking opportunities and are expanding quickly as the CMA becomes more acknowledged in Europe.

How can you get certified as a CMA?

CMAs earn the credential through work experience, a bachelor degree, a rigorous two-part exam, and continuing education.
In short: degree + work experience + professional certification, as seen on the image below:

Source: imanet.org

How difficult is the professional certification exam?

The pass rates in 2015 for Part 1 - Financial Reporting, Planning, Performance, and Control – and Part 2 - Financial Decision Making were 36% and 55% respectively.

The right preparation improves your chances of passing significantly.
Attending a seminar for the exam prepares you perfectly for the exam, gives room to discuss the tested topics and gives you tips and tricks on how to pass the exam.



Mag. Barbara Brandner, CMA