Preparing for the CMA exam doesn’t come cheap. From IMA membership fees to exam fees to CMA review courses, your total CMA exam cost adds up – quick.
The investment is absolutely worth it in the end of course with CMAs earning on average $130,000 per year. A CMA certification can be even more lucrative than other accounting subspecialties. If you compare CMA vs CPA salaries in most regions of the world, CMA comes out on top.
Who wouldn’t want that type of ROI on their investment?
When I prepared for the exam, it took me a total of 6 months and thousands of dollars without really knowing if I would pass the exam. There was a big chance I’d fail since the average pass rate at the time was only 35% globally.
The hardest part was choosing the best CMA review course that would work for me. There were many options and none offered me a guarantee that made me feel confident in my purchase.
Some offered a 30-day money-back guarantee while others offered unlimited access.
At first glance those seemed fine, but…
I didn’t want to invest 30 days of my life “testing” out a course to find it sucked. I was a very busy professional and didn’t want to waste my time this way.
And for sure I didn’t care for an “unlimited access guarantee”. What’s the point of “unlimited access” anyways?
I don’t think anyone wants to study for the rest of their lives. Unlimited access didn’t assure me I’d pass the exam which was my ultimate goal. I know it’s yours too.
Why “Pass or Full Money-back” is the Right Guarantee
When I launched my instructor-led prep course, CMA Exam Academy, I began offering different guarantees. Started with the standard 30 days money back to 14 days money back, to unlimited access.
But I realized that none of them were enough.
Why offer these guarantees, like other CMA prep courses do, when I didn’t care for them back when I had to purchase one?
I asked myself, “what guarantee would I have wanted from a course back then?”.
14 days money back? 30 days money back? Unlimited access? Pay for my exam re-take if I failed?
These seem like good choices on the surface, but…
Ultimately, I wanted a course that would help me pass my CMA exam the first time or I’d get my money back.
This guarantee does two things:
- It puts a lot more pressure on me and my team to deliver quality courses that will guarantee your exam success.
- It gives you confidence in your purchase and zero monetary risk.
There’s only an upside for my students.
Why pay for a course that promises you exam success if it’ll keep your money if you fail?
It doesn’t seem fair to me. This is why I’m changing the guarantee of CMA Exam Academy as of the date of this very post to our CMA exam blog.
If a student fails the exam after completing the entire course with me, I don’t deserve to keep their money.
Exam Secrets Cheat Sheet
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Here Are My Top 10 Tips for Passing the CMA Exam on Your Very First Try!
As I’ve said before, earning your CMA is an investment. Meeting the Certified Management Accountant requirements is not only a financial investment but also an investment of your time. And if you are like many candidates, you are a full time, working professional who has limited time to spare.
So while a Pass Guarantee is great, I want to offer you more than that.
I want to offer you some behind-the-scenes, learned-it-cause-I-lived-it knowledge on how to pass the CMA exam on your first try; guarantee or no guarantee!
So without further ado, here are some of my CMA study secrets and top tips on how to pass the exam on your very first try!
1. Learn Your Study Style
Did you know that not everyone learns the same?
That’s right. Some individuals learn by reading or hearing, while others learn by watching or doing.
Just as people do not learn the same, not all review courses are designed the same. For some people, reading CMA textbooks is the most effective way to learn and retain information. Also, check out my speed reading tips and how to boost retention.
For other people, the information they read just doesn’t quite stick, but they learn well from videos and audio podcasts.
This means you should be investing time and energy into discovering your personal style of learning so you can choose a review course that suits you.
Here are a few quick tips on how to identify your personal study style:
Visual Learner — Learn by best by seeing things and tend to:
- Be good at spelling
- Like charts and graphs
- Prefer taking notes or making lists
- Use flashcards or highlight, circle or underline as they read
Auditory Learner — Learn best by hearing and often:
- Read out loud
- Listen to podcasts or audiobooks
- Like oral presentations and are good at explaining things
- Work well in study groups
Tactile Learners — Learn by doing things and:
- Are good at sports and have good hand-eye coordination
- Learn by doing quizzes or tests
- Tend to have poor handwriting skills
- Enjoy building things and participating in live classes
Understanding your personal learning style can help you figure out how to study for the CMA exam in a way that works best for you.
The good news is, CMA Exam Academy accommodates every type of learning style thanks to its comprehensive textbooks, live coaching calls, cutting edge test bank technology, and mock exams (to name a few!).
2. Don’t Just Buy a Review Course – Use It
Review courses aren’t designed to sit on your shelf (or laptop!) and collect dust.
In order to actually see results you must dedicate hours of studying and follow along with the review course syllabus.
CMA Exam Academy, for example, comes with a 16-week CMA review course that walks you through all the essential course material, while holding you accountable to a realistic timeline.
By utilizing this study guide and all the other study essentials included you will be fast on the path to success!
3. Give Your Brain a Break
Too much of one thing is not always a good thing.
And when it comes to studying, even more so.
It is imperative that you give your brain frequent breaks to digest all the new material you will be devouring over the next several weeks.
Scheduled downtime may seem counterintuitive, but I promise you it isn’t.
One of the best study hacks I used when preparing was to study uninterrupted for an hour and then take 10 mins downtime. I would get up, walk around and enjoy a change in scenery.
This mini mental break allowed me to relax and reset so I could hit the books again for another uninterrupted hour.
4. Get a Study Buddy
If things start to become tedious, perhaps it’s time to shake things up a bit. As I mentioned above, not everyone learns great in groups, however, the occasional co-study session can be helpful.
For starters, studying in a group or duo can add a new sense of accountability to your efforts. Now, instead of just holding yourself up to your study schedule, you have someone else to consider.
Additionally, studying with others can give you a sense of moral support and boost your enthusiasm, especially when you are feeling down.
It also might be helpful to study with someone who can test you verbally or help you understand core concepts from a different perspective.
5. Simulate the Exam Experience
Whether you’re a tactile learner or not, there is no better way to feel comfortable and confident on exam day, than by taking mock exams. Anxiety is the number debilitating factor that can lead you to fail even though you know all the material.
The good news is, the best review courses will offer mock exam scenarios that allow you to get the real exam experience.
By setting a timer and taking the mock exam seriously, you can start to identify your weaknesses while overcoming your CMA exam fear and anxiety. You’ll also get exposed to many of the exam mistakes first-timers make because they didn’t have the right preparation.
Exam Secrets Cheat Sheet
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6. Make the Multiple Choice Section Work For You
Let’s be honest, CMA exam multiple choice questions can be deceiving. More often than not, CMA candidates complain about how they lose marks on MCQs because they overthink their answers.
Here are a few helpful tips to help you avoid multiple-choice failure:
- Jump between questions and answer the ones that feel easiest to you first
- Eliminate answers that you know to be wrong. If you still don’t feel certain about the answer take your best guess – NEVER leave a question unanswered
- Go with your gut – it’s often right!
- Read the root of the question and be conscious of double negatives
- If you have time left over, review the questions – you never know what information will pop to the front of your brain once you’ve had a little time to think it over
7. Dominate the Essay Section
Essays can be tricky when you’re on the clock because we tend to move too fast and forget key details. The best way to succeed with the essay section is to show all of your work (or assumptions) and at the very least, earn partial credits.
For each essay scenarios, expect to answer 4-6 questions. Be mindful of the verbs used in each essay scenario.
For example, one essay scenario may ask you to compare or contrast particular concepts. In this case you do not want to spend all of your time defining topics. Again, the question asked you to compare, not define!
Make sure you don’t forget about proper English grammar. Graders are looking for effective writing skills. Avoid colloquialisms and slang.
8. Focus on Your Health
Studying can be exhausting. It can also make for a great excuse to stop focusing on your health because you “are too busy.”
This could not be a bigger mistake.
Your health is your wealth, my friend.
In order to get the most out of your studies you need to take care of yourself. Make sure you are eating healthy, getting regular exercise, and taking mental breaks. Every aspect of your being will be tested while you prepare for the CMA exam, so do not let your health slip.
Instead, make it a priority and enjoy all the benefits; mental clarity, energy to study, and motivation to keep on track!
9. Downsize Your Priorities
The reality is, many CMA exam candidates begin studying while either holding down a full-time job or balancing family life.
In order to be successful at the exam, you must learn to manage your priorities and where possible, downsize.
This may mean cutting out drinks with your co-workers after work, saying no to a round of X-Box with your buddies, or not signing up for that pottery class you’ve been dying to try.
There will be plenty of time to do all the things you love, but you must make studying a priority. Again, this is not to say you don’t need (and deserve!) downtime, but it should be managed so that you can achieve your end goal; earning your CMA certification!
10. Eliminate Your “Plan B”
We wear lifejackets on a speedboat “in case” of an emergency, but when it comes to taking the CMA exam, having a life preserver can only sink you.
Knowing that you have a Plan B or back up plan can be detrimental to your study efforts and mess with your mindset.
Once you become fully invested in the process and aware that there is no alternative, you will be a million times more likely to work harder at accomplishing your goal.
CMA Review Course You Can Count On
Are you feeling motivated to dive into the CMA exam yet?
I bet you are!
So let’s address the elephant in the room – how can my strategies and CMA Exam Academy guarantee to help you achieve success?
I know what you’re probably thinking… “Sounds too good to be true. Why would Nathan offer that?”
The truth is that my team and I believe in our CMA review course that much.
In fact, we’ve had people come to us after failing with other BIG name programs, that are finally able to pass using our methods.
We think that you’ll benefit so much from this different method of teaching and understanding, that we will guarantee you’ll pass the CMA exam on your first attempt, or we’ll pay you back all of what you paid us.
We have put in years of effort to make these courses, so our only requirement for this guarantee is that you completed all of the course material before your official exam date.
Feeling confident that we’re the right fit for you? Explore our course options here.
Got questions? Drop them in the comments below.
Rooting for ya!
Hi, I’m Nathan Liao (aka the CMA Coach)! For the last 10 years, over 82,000 accounting and finance pros came knocking at my door seeking guidance and help. If you’re also aiming to conquer the CMA exam on your very first try—without wasting away time or money—you’ve found your ultimate guide. Dive in deeper to discover more about me and the dedicated team that powers CMA Exam Academy. Click here and let’s embark on this journey together!
76 Comments on “How to Pass the CMA Exam in Your First Attempt (Guaranteed!)”
Hello
I leave in IL and working as Accounting Manager currently and would like to seat for CMA exam. Do I need to be part of the IMA before enroling for the class? Or do I enrol in to the class first and than sign up for IMA?
Hi Bhavi,
It’s best to enroll in our course first. Our students get an exclusive discount on IMA membership and CMA Entrance fees.
Hi Mr. Nathan,
I reside in the UAE. I have done my MBA in Finance and got around 3 years of work experience in banking. After that huge gap in work from 2010 until now. 12 years almost, due to family life. Now I’m planning to give priority to my career and would like to explore CMA.
Will I be able to complete CMA?
And would this really bring me good opportunities in UAE after these many years of gap?
Would distance learning work for me?
Please do advise. Awaiting your reply. Thanks
Hi Harini,
If you have an MBA in finance, you’ll absolutely be able to earn your CMA.
For more info on CMA career opportunities and why this could be a great career path visit https://cmaexamacademy.com/is-the-cma-certification-worth-it/
I also wrote an article about online vs traditional learning that might be helpful when choosing a study method: CMA Online vs Classroom Learning
If you decide to study with us, at CMA Exam Academy we’re here to guide you step by step.
Dear Nathan Sir,
I am Shabeer, Age 44, from KSA, working as accountant .
1, Monthly installment of CMA course fee possible?
2, Can I pass CMA on first attempt easily?
3, After passed , Can you please provide placement assistance?
4, when course started date?
Regards
Hi Shabeer,
to answer your questions:
1. Yes, CMA Exam Academy does have a payment option of four payments. It is a payment plan of one down payment and then 3 monthly installments. For more info, please visit: https://cmaexamacademy.com/product/premium-cma-coaching-combo-part-1-part-2/
2. The key to passing the CMA on your first attempt is to give yourself plenty of time to study and prepare. Sixteen weeks of study for each part of the exam (16 weeks for Part One and an additional 16 weeks for Part Two) gives candidates ample time to learn everything they need to know to pass the CMA exam. We guarantee our students will pass the exam if they complete our program. For more information on how the guarantee works, please read this page: https://cmaexamacademy.com/pass-or-refund-guarantee/
3. Once you become an IMA member, IMA’s Career Driver helps you explore your options and find management accounting roles according to your unique skillset.
4. If you are ready to start moving your career ahead you can start any time at your convenience. By enrolling in a CMA Review Course we’ll help you jump-start your 16-week study plan.
If you have any questions left, let me know
Nathan
Hi nathan,
I’m giving a CMA key exam
How to Crack CMA Exam First Attemp Please Suggest……
Hi Priyanka,
My goal at the Academy is to help everyone pass their exam the first time.
I share study techniques for the CMA exam on my Blog. You can check them out here:
How to Pass the CMA Exam in Your First Attempt (Guaranteed!)
How to Study for the CMA Exam
I recommend devoting around 15 hours per week to your exam prep. That way, you’ll complete the program for each part in four months and earn your CMA within a year.
Let me know if you have any other questions.
Nathan
Hi Nathan, I’m a CA pursuant from India. Yesterday I got my CA final result and it was a bad news. As I was very confident about my success, result was a big shock. I was almost shattered and went into depression, almost wanted to end my life as this was my biggest failure. Surprisingly one of my friend told me about CMA US. While trying to know the details about the course I came across your article. It inspired me to do the course as of now it is the only hope in my life to succeed. I’m willing to give exam in Jan/Feb. I completed my B.com and CA ipcc along with articles duration of 3 years. I am now working as a part time employee in a small audit firm. And I can devote atlst 6 hrs in a day to study. Am I eligible to write CMA US exam and do you think I can crack both parts in by Jan/Feb if I start preparing now. And what’s the cost of your review course. Please let me know.
Hi Tejaswi,
I don’t usually recommend candidates to take both exam parts within one exam window. The exams are hard, so it’s best to focus on one part at a time to increase your chances of passing on your first attempt.
When you’re ready to begin the CMA exam prep, our 16-week program requires about 8 to 10 hours of study time per week on average. You’ll complete the course for one part in 4 months and take the exam in the January/February exam window. It’s the optimal study time frame I recommend.
Regarding prices, please visit https://cmaexamacademy.com/product/premium-cma-coaching-combo-part-1-part-2/ where you can also find payment plan options for Part One and Part Two as well as for the Complete Course (Part 1 & Part 2). Thanks
Hi Nathan, been browsing all the comments. Thank you for being informative in any ways and for sharing your tips.
I’m planning as well to take my CMA review by June 2021, for both parts and take the exam by January / Feb.
I felt motivated with all the comments you had given considering i’m working full time and having ministry at church.
By the way, for the registration fee per part, is this a one time registration?
Thank you.
Hi Kimberly,
Of course, it’s my passion to help fellow accountants in their CMA journey to earning this coveted certification.
I’m glad to hear you’ll be starting your CMA exam prep soon, too. I’m confident you’ll succeed! 🙂
Regarding the registration fee, it needs to be paid before each exam. So when candidates fail, unfortunately, they need to pay it again for the retake.
But my goal at the Academy is to help everyone pass their exam the first time, so they can save time and money, and not worry about retakes.
If you have any other questions, Kimberly, just hit reply. I’m happy to help 🙂
Thanks,
Nathan
Hi Nathan,
I completed my graduation and I’ve been trying CMA for 5 years. I wanted to pass CMA this year at least. I am full-time working too. Kindly help me how to pass.
Regards
Hi Shivapriya,
I’d love to guide you through your CMA journey and help you pass the exam. My students at the Academy have a 90%+ pass rate and I also offer a Pass or Refund Guarantee so you can rest assured that you will succeed next time you take the exam.
Click here to join anytime.
Thanks,
Nathan
Hi Nathan,
I have done MBA-Finance & B.com with Accounting with low percentage from India and i have 13 years of experience in Accounts Payable, GL, Receivables, but still i do not feel strong in Finalization and other areas of Finance, what you think can i crack the CMA-USA, how much time i should invest daily and total duration i can complete.
Please help me out in taking decision.
Hi Mubeen,
Yes, I believe you can pass the CMA exam. I’ve had students with little to no prior accounting background who successfully completed the program and passed the exam, and I’m confident that you will too.
I recommend devoting around 15 hours per week to your exam prep. That way, you’ll complete the program for each part in four months and earn your CMA within a year 🙂
Hi, my question is I have an account on Gleim where I practice each chapter until I get 90 or 100 % even when combining all the chapters, will the same questions be asked within CMA exam?
CAN YOU PLEASE TELL ME HOW MANY CMA PAPERS ARE EXEMPTED AFTER MBA. AND WHAT IS THE APPROX FEE TO COMPLETE CMA.
AWAITING YOU,
THANKS
Hi Ahmer,
The IMA does not offer exemptions for the CMA exam.
To learn about the fees and the steps to becoming a CMA, check out this complete roadmap.
Here’s a quick overview of the IMA fees candidates need to pay to earn the certification:
1. IMA Membership: $230/year – it’s an annual payment
2. CMA entrance fee: $250
3. Registration fee: $415 per one part of the exam.
Thanks,
Nathan
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Hi Nathan,
I am looking into options for CMA review courses.
Would you please tell me how much time I need to study a day with the 16-week review course that you offer? I just want to make sure I have enough time for it.
Thanks,
Linh
Hi Linh,
Sure, you would need to devote around 10 hrs/week to your CMA exam prep if you follow my weekly program. But you’ll also have the option to move through the course at your own pace, the program is very flexible in that way.
Let me know if you have any other questions.
Thank you,
Nathan
Can you plss mail your studying strategies which u have used at ur preparation times
Sure thing, Shivam. You can get a copy of my Cheat Sheet and also sign up for my free video training for more CMA exam study strategies via this link 🙂
Thank you,
Nathan
Hello, this is Priyanka
Currently I am pursuing CA..I am giving my finals now..my plan is to do CMA US after I finish with my finals..could u please guide me how to start with? I am bit confused on how to start with this course
Hi Priyanka,
Absolutely. The first step is to enroll in the course.
Follow this link to sign up for my complete coaching course.
Once you’re enrolled, you’ll be guided step-by-step throughout your entire CMA journey.
Here’s the complete roadmap to becoming a CMA 🙂
Let me know if you have any other questions, Priyanka.
Thanks,
Nathan
Hello Nathan,
I hope you’re in a good health.
I work as an accountant, having been in this field for more than 10 years. I am just a B.Com graduate (3 years degree program in Accounting from India). I have seen lots of up and down in the life because I hail from an average middle class a low income family. I have got 2 years gap before taking admission into graduation and after working for 3 years. I lost my job and again got 2 years gap. As you can assume my resume is not so strong to negotiate a good job in the market. I turned 38 in the year 2020. I have a family with 2 kids including my dependent parents. Considering all these scenarios would you recommend me to join CMA for a better prospect? If this so then please share your affordable plan for me for a quick start.
Thank you,
Jason
Hi Jason,
Thanks for reaching out.
I believe the CMA will open more job opportunities for you and give your career a boost. It’s a worthwhile certification.
I’m currently offering my CMA review textbooks on promotion. Getting them would be a great way to start your journey to becoming a CMA without a big financial investment.
Thank you,
Nathan
Hello nathan sir,
In the month for feb i did my USA CMA part one exam on 11th feb 2021 with the preparation of one year and today i got my result i was fail with mark 330 and its passing marks is 360 so please tell me what i will do i want to clear my exam sir please give me some suggestions so that i will clear exam….
Hi Chinijoshi,
Watch my video on the next steps to help you pass the exam on your retake. Follow them and you’ll succeed next time 🙂
Hello Sir, I am CA Student ,Pursuing CA final. Can I use my 3 year articleship as work experience for US CMA?
Hi Ravitheja,
I’d recommend checking directly with the IMA if your experience will be eligible for the CMA certification. They have the last say in that 🙂
Thank you,
Nathan
Sir,I am a bcom graduate and I don’t have a strong accounting base. Whether I’ll be able to successfully crack CMA USA?
Hi Surya,
Yes, you can pass the CMA exam without having an extensive accounting background.
I’ve had students with no prior finance/accounting background who passed the exam on their first try after completing our course, so I know you can too 🙂
If you choose to enroll in our coaching course, you’ll get access to an easy to follow step-by-step study plan which will help you succeed.
Let me know if you have any questions, Surya.
Thanks.
Nathan
Hi Sir,
Its helpful that you are providing us free textbooks, but the delivery charge itself costs to Rs. 4805, which isn’t a cheap price in country like India.
I wish i could take your books.
Hi Roshni,
I’m sorry the shipping price is not affordable to you at the moment. Unfortunately, the shipping costs cannot be reduced any further.
We had to stop using regular/priority mail for international orders because packages used to get lost in transit with that shipping method. So now we only use expedite traceable shipping for international orders to ensure that there aren’t any delays in delivering the textbooks to their destination.
I hope you understand, Roshni.
Thank you,
Nathan
Hii Nathan sir
U are giving away the free 2 textbook. If i can use for futher study if the symballs does not changes in upcoming years
For example in 2022 and 2023 also. Could you give me more info.about it sir to passing it in the 1st attempt bcoz i just completed my 12th with a distinction so i decided to b.com and cma us side by side could i do it could u please guide me sir
Thank u sir
Hi Priston,
Yes, these textbooks will still be up to date for at least another four years. There won’t be any changes to the syllabus in 2022 or 2023.
If you have any other questions, please don’t hesitate to hit reply.
Thanks,
Nathan
Hii Nathan Do a CMA requires any experience or a articleship in CMA. To get a job
Hi Priston,
All CMAs have work experience in accounting or finance management because it constitutes the requirement for earning the certification. You can read more about the work experience requirement here.
However, you can still pass the CMA exam and apply for jobs before you’ve fulfilled this requirement. Here’s how to optimize your resume as a CMA candidate.
Hope this helps. But if you have any other questions, please let me know.
Thanks,
Nathan
My son is interested to study CMA-US, now he final year B.Com graduate In India. My question is, due to lock down for Covind-19 most of the institutes are taking online classes only, as my son is a student whether he can able to cop up with online classes, kindly advise
Hello, thanks for your question. Online classes are very convenient allowing students to prepare from the comfort of their own home. Our program provides all the study tools your son will need to effectively prepare for the exam. Please click here to learn more about our Complete CMA Program.
Hi, Nathan Liao,
Thank You so much for your opinion. Feeling motivated and to take clear decision.
Currently , am doing CA- Intermediate. Am decided to do CMA Side by side. Is there any exemption doing CA – Intermediate and CMA.
My query are-
1) Whether I will do CMA after completing my CA or else i start now , am in Chaotic Condition?
2) After completing CA any exemption is there to do CMA.
Kindly give me some opinion. it is useful for my career.
Thanks in Advance.
Hi Ashwini,
I don’t know of any exemptions for CA professionals who are pursuing the CMA, but you could check directly with the IMA just to confirm.
Deciding whether to study for both certifications simultaneously really depends on how much time you can carve out for your studies each week. If you can devote 15 hours each week to your CMA exam prep while you’re completing your CA, and not feel overwhelmed, then go for it!
But if your feel it would be a struggle to find time to prepare for both, then it may be a better idea to take one at a time so that all your focus goes into one exam and you’re not distracted by other pressing deadlines.
Thanks,
Nathan
My name is Sri malini I want to be a chartered accountant. Pls say the course to be a CA. after 12th. Thank you.
Hi Sri! Currently, I don’t offer any CA courses, but I can help you if you decide to pursue the CMA certification 🙂
Hii,
I am currently working as an accountant, but I would like to pursue CMA (US). Kindly give me some advice regarding the self-study techniques as I am not able to involve in my learning process 24*7 due to my strict working schedule.
Thank you
Kripa R. Krishnan
Hi Kripa,
I share study techniques for the CMA exam in my YouTube videos, you can watch them here:
How to Pass the CMA Exam – ON YOUR FIRST TRY
Best Study Technique for the CMA Exam – 2020
And here’s a podcast episode in which I share tips on how to combine your CMA test prep with working full-time. Thought you might find it helpful too 🙂
Thanks,
Nathan
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Hii
I am 11 class student and I want to do CMA in future. I am felling very confident about about it. Your all suggestions are very motivating for me .i will definitely follow all your suggestions for becoming a CMA.
Thank you
Hi Shweta,
That’s so great to hear! I’m sure the CMA will benefit your career and your life in many ways, it’s a great goal to aim for and I’d love the opportunity to guide you in your CMA journey when you’re ready start 🙂
Thanks,
Nathan
Hello sir.
Im lekya a grade 11 student who is very interested to become a cma and i want to learn it under you. My family is willing to pay the charges as long as they have the confidence that ill crack cma in the first attempt.But i am still in chaos about,
1) will i definitely become a cma in usa in the first attempt?
2) which degree is best so that i can prepare for cma simultaneously?
3) over all how much money will it take for the whole course and exam?
4) where should I write my cma exam and how?
Im looking forward for your reply sir.
Thank you,
Lekya
Hi Lekya,
Great questions!
1) 9 out of 10 of my students pass the CMA exam after following my program. So if you complete my 16-module program before taking your exam, I’m confident you will pass, too 🙂
2) For learning the fundamentals before diving into the more complex CMA subject matter, I would recommend you to opt for a degree in accounting or finance.
3) You can check the pricing of my coaching course by following this link.
The exam fees are the following:
IMA Membership:
$230/year, or $39/year if you’re a student – it’s an annual payment.
CMA entrance fee:
$250 for professionals, or $188 for students.
Registration fee for one part of the CMA exam:
$415/part, or $311/part for students.
4) CMA exams are held at Prometric test centers. You can locate a test center in your area on Prometric’s website:
http://prometric.com/icma
For more information about the process of becoming a CMA, please check my Ultimate CMA Exam Roadmap page:
https://cmaexamacademy.com/ultimate-cma-exam-roadmap/
Thank you,
Nathan
I have done inter CA and appeared for CA final but didn’t clear.
I want to do cma but the money constraint is there.
Hi Jigar,
I’m currently running a promotion on our CMA review textbooks which you could take advantage of to save some money on your CMA materials 🙂
You can order both textbooks for free and only cover shipping charges at checkout: $35 if it’s a US order and $69 for an international order.
Here’s the link where you can order them. This promotion expires in 2 days.
Thanks,
Nathan
HI,
I am B. Com Fresher and dropped one year for the preparation of MBA entrance. Now planning for CMA. Please advise how tough to get the job after CMA for fresher.
Hi Rahul,
The CMA will give you a competitive edge over your non-certified peers which will help you land a better job and advance faster to a management accounting position. It’s definitely worth the effort 🙂
If you have any other questions, don’t hesitate to hit reply!
Thanks,
Nathan
I was a science student and now currently planning to do cma .can u please help me by telling how to do and the process
Thanks
Hi Kritika,
Absolutely. I’ve compiled a CMA Exam Roadmap here, please check it out to learn everything about the process of becoming a Certified Management Accountant.
But the first step in your CMA journey is to enroll in a review course. If you’d like to study with me, you can enroll in my coaching course here. It’s designed for candidates at all accounting/finance levels, even beginners 🙂
Within this course, you will be guided step-by-step through your entire CMA journey, and with our unlimited coaching support my team and I will be always there for you to answer any questions you may have throughout the course to help you fully grasp the material so that you feel confident about your exam.
If you have any other questions about this program, please don’t hesitate to hit reply.
Thank you,
Nathan
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I want to do this course but I am worry about money and time beacause of i am middle class and what I do for my future plz help me
Hey Sonal,
The CMA certification takes dedication and also time and money investment, but the benefits and opportunity potential will make it all worth it.
The CMA designation will help you stand out in the industry, boost your career, and your specialized skillset will make you an asset to large companies who need candidates with a strong understanding of planning and analysis.
Finally, this certification is well worth it when you realize how in-demand you are. Companies are desperately seeking the knowledge and skills offered by CMAs, and the best part is we are in low supply, so now is the time 🙂
If you have any other questions or concerns, please don’t hesitate to hit reply. I’ll be happy to clear them up for you.
Thanks,
Nathan
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Thanks for the response Nathan, I have coaching online.
Also when can I find myself ready for exams ?
As per your above study hours it’s for single part right ? Or is it for writing both parts together ?
Hi Alex,
Yes, 15 hrs/week for a period of 16 weeks is the amount of time you’ll need to prepare for one part of the exam.
You’ll know you’re ready for the exam when you’re consistently scoring above 86% on the exam simulation inside your test bank.
Thanks,
Nathan
Hi Nathan,
Good day
I am joining this March for CMA US, taking part 2 first .. I am a working professional with lot of constraints in time, could give please suggest me how many study time I should allot each week and when I could take the 2 exams in 2020…
Could you ease suggest me some strategies in studying and when do you think I will find myself ready for exams ?
I am taking an online course from Wiley provided by Miles Education
Hi Alex,
The study time depends on the course you choose to prepare for the exam.
If you opt for a coaching course that provides a study plan with clear and measurable goals and assignments, along with unlimited coaching support so you can reach for help when you feel stuck, you’ll only need to study for about 15 hrs/week for a period of 16 weeks.
But if you self-study, you may need to study as much as 20-25 hrs/week for a period of 16 weeks per part.
For study tips, please check out the SQ3R technique here and my podcast on how to combine a full time job with your CMA exam prep here.
If you have any other questions, please let me know.
Thanks,
Nathan
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Hello Nathan,
hope you are doing well!
I am doing the CMA course right now and I was planning to do it on Feb 28 2020, and the question do I still have time to study for part 1 as I have maximum 2 to 3 hours a day of study.
regards,
Hi Bayrouti,
If you self-study, it may take you longer to navigate through the material and prepare for the exam. I would recommend pushing your exam until the May/June testing window to give you more time to thoroughly study the material and practice on exam simulations.
If you have any other questions, please don’t hesitate to reach out.
Thank you,
Nathan
feeling motivated to do CMA Course
That’s great to hear Manjunath! Let me know how I can help. Thank you, Nathan
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