CMA Certification - The International Standard for Professionals in Controlling
The Certified Management Accountant (CMA) credential is an advanced professional certification that demonstrates your command of the critical accounting and financial management skills demanded by today’s international businesses. Like the CFA for the banking industry and the CPA for auditing companies, the CMA sets a standard for professionalism in its field management accounting. In the last 40 years, more than 55,000 professionals worldwide have earned this essential credential.
CMA, IMA and Controller Institut
The CMA is offered and developed by the Institute of Management Accountants (IMA), the worldwide association for accountants and financial professionals working in business. IMA has more than 105,000 members worldwide and is committed to expand your professional skills, better manage your organization, and enhance your career. The Controller Institut has established an exclusive partnership with IMA to form IMA’s sixth European chapter in Austria.
CMA Exam and Preparation Course
The CMA exams are computer-based tests that are administered in independent testing facilities in Vienna. The exam has two parts, one focusing on „Financial Reporting, Planning, Performance and Control“, the other on „Financial Decision Making“. Every part is covered by elaborate study materials. The exam is demanding and challenging: more than half of candidates do not succeed on the first attempt.
The preparation course focusses on exam preparation and intensive test training. The experienced trainers give an overview of all relevant exam areas and concentrate on problem solving techniques and test questions. The IMA recommends a minimum of 200 hours of preparation per part. The course provides at least 28 hours of live instruction per part and helps you translate your learning efforts into the best test result.
CMA preparation package - the fast track to the CMA
The Controller Institut offers a unique package to enable you to succeed efficiently at your CMA exam. It includes an intensive exam preparation course and all materials for becoming a CMA:
CMA preparation package
- preparation for part 1 and part 2 of the CMA exam
- individual coaching and training
- experienced trainers holding the CMA credential
- Wiley CMA Learning System Part 1 and Part 2
- membership at Controller Institut/IMA
- registration for the exams at IMA and exam fees
- qualification and ethical requirements
The intensive workshop focuses on exam preparation. It addresses all candidates who want enhance their career by attaining an international certification and complete the CMA exam. To register for the CMA–exam, an academic degree (min. Bachelor's level or above) and specific work experience are required as well as the personal membership at Controller Institut and IMA.
CMA Self Study Package
You can prepare for the CMA exam in our preparation course or on your own. You can select the method that best matches the way you like to study. The Controller Institut is also offering the CMA Self Study Package including materials (Wiley CMA Learning System Part 1 and Part 2) and one year IMA membership.
Measuring What Matters
The CMA program is designed specifically to validate mastery of the advanced skills required to manage finance functions within an organization, enabling you to deliver value in today’s complex business environment. There are two parts to the CMA exam. Each part is four hours, and they can be taken in any order. The exam is structured as follows:
Part 1 – Financial Reporting, Planning, Performance and Control
- External Financial Reporting Decisions
- Planning, Budgeting and Forecasting
- Performance Management
- Cost Management
- Internal Controls
Part 2 – Financial Decision Making
- Financial Statement Analysis
- Corporate Finance
- Decision Analysis
- Risk Management
- Investment Decisions
- Professional Ethics
By focusing on advanced accounting and financial management skills, the exam is rigorous yet in line with on-the-job practice to help you perform better.
Recognized by leading Companies
CMA certification can expand your opportunities in your current position and for the long term. Leading employers – from multinational corporations to private firms, academic institutions, and not-for-profit organizations – seek out CMAs to hire and promote in positions requiring critical accounting and financial management skills.
Today, CMAs hold key positions in a wide range of companies, including 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, Hewlett-Packard, Johnson & Johnson, Procter & Gamble and Verizon.
Earn the CMA and join a network of more than 55,000 certified peers worldwide.
Visit http://www.imanet.org/cma-certification for further information.