cma the essential credential

8/3/2019 CMA the Essential Credential

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CMAThe Essential Credential

or Accountantsand Financial Proessionals


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The EssentialCredentialfor Accountants and Financial Professionals


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The CMA (Certified Management Accountant)

is the advanced proessional certification specifi-

cally designed to measure the accounting and

financial management skills that drive businessperormance. Achieving the CMA credential

demonstrates your mastery o financial planning,

analysis, control, and decision support, as well

as proessional ethics.

The CMA credential is...

FocusedOn the critical skills you use in business.

RespectedLeading employers seek to hire and

promote CMAs.

ValuedCMAs earn higher compensation than

noncertified proessionals.

ConvenientCMA Exams are ofered electron-

ically in hundreds o locations worldwide.

The CMA is tailor-made or finance proessionals

at all levels, whether you want to enhance yourvalue to your current organization or expand

your career potential.

See why the CMA is the essential credential


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MeasuringWhat

Matters

The CMA exam is designed specifcally to validate mastery o the advanced skills required to

manage fnance unctions within an organization, enabling you to deliver value in todays complexbusiness environment.

There are two parts to the CMA exam, consisting o our hours each, which can be taken in any order.

The exam is structured as ollows:

By ocusing only on advanced accounting and fnancial management skills, the exam is rigorous

yet responsive to the needs o the marketplace and time-constrained proessionals.

PART I

Financial Planning, Perormance

and Control

Planning, budgeting, and orecasting

Perormance measurement

Cost management

Internal controls

Proessional ethics

PART II

Financial Decision Making

Financial statement analysis

Corporate fnance

Decision analysis and risk management

Investment decisions

Proessional ethics


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Financial Planning

Risk Analysis

Internal Controls

Financial Decision Making

The CMAmeasures competency

in theseadvanced skill sets


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Delivering aHigh ROI

The CMA is the certifcation program with the potential to deliver signifcant return on your investment.

Consider the acts:

Proessionals with a CMA earn nearly $30,000 more in average total annual compensation

than noncertifed peers.*

The total cost o the CMA program is approximately $2,500.

Plus, the CMA program lets you proceed at your own pace. You can earn a CMA in 12 months or over

three years. Busy proessionals will fnd the CMA to be time-efcient and cost-eective.

* IMA Annual Salary Survey, 2009


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On average, CMAs earn nearly

$30,000 higher

annual compensation

Noncertified

Accounting

Proessionals

$95,974*

CMA

Accounting

Proessionals

$125,600*

* IMA Annual Salary Survey, 2009


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ExpandingYour Career

Options

CMA certifcation can expand your opportunities in your current business or your uture career.

Leading employersrom multinational corporations to private frms, academic institutions, and not-

or-proft organizationsseek out CMAs to fll positions requiring critical accounting and fnancial

management skills.

Today, CMAs hold key positions in a wide range o companies, including 3M, Alcoa, AT&T, Bank

o America, Boeing, Cargill, Caterpillar, Hewlett-Packard, Johnson & Johnson, Procter & Gamble,

and Verizon.

Earning the CMA will make you part o a network o over 30,000 credentialed peers worldwide.


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Private Firms

Not-for-Profit Organizations

Government Organizations

Multinational Corporations

Academic Institutions


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ConvenientExam

and FlexibleStudyOptions

The CMA exam is administered electronically in hundreds o testing acilities worldwide. With three

exam windows each year, you can schedule exams at a time and place convenient or you.

IMA and a number o top course providers oer a variety o exam prep options to meet the needs

o busy proessionals. Choose one o the ollowing, or blend several approaches, to fnd the learningstyle that works best or you:

Sel-study (print and online) Live, instructor-led sessions Study groups (online)

We also oer a comprehensive Exam Support Package (ESP), including retired exam questionsand answers, as well as a CMA Candidate Resource Guide flled with helpul inormation.


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Sel-Study

Live orOnline

Instructor-LedCourses

Online Sel-Study Online Study Groups


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RealStatements

from RealPeople...


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The CMA has given me a

tremendous amount o value.

Not just on the fnancial endo things, but because Ive

gained broad-based accounting

knowledge. Ive been able to

advance my career because

that knowledge translates into

benefts or the companies

I work or.

Tammy Drescher, CMA

Senior Cost AccountantDiamond Foods, Inc.

I can tell you the CMA certifcation or other

proessional credentialing is key or our 1,800

accountants. And, we have a credential expertise

requirement or our senior leadership team

to help ensure long-term, transparent fnancial

reporting and SOX compliance.

David Burritt, CMA, CPAChie Financial OfcerCaterpillar, Inc.

I tell my students: Taking the CMA exam

is something you can do even beore

graduation. It gives you and your potential

employer evidence that youre well prepared

and well qualifed. The CMA sets you apart

rom others who have a college degree alone,

and its something that is recognized and

respected by a lot o potential employers.

Christine McKeag, CMA, CFM, CPA

Assistant Dean, Schroeder Family

School o Business AdministrationUniversity o Evansville, Indiana

I use my CMA body o knowledge

every day. It comes naturally in

the role o CFO, because I need

to look at things rom many

dierent angles, not just romthe fnancial perspective.

Management accounting skills are

very much in demand as oreign

and local companies reach out

rom the local marketplace and

into more global arenas. The

CMA body o knowledge is very

valuable in this regard.

John K. Lau, CMA, CFM, CPAChie Financial Ofcer

WesTrac China

At Microsot, we look or a combination o solid accounting skills, the ability to think

strategically and strong business ethics. I someone is a CMA, we can be more comortable

that the person has mastered these aspects o the proession.

Bob Laux, CMA, CPA

Director o Technical Accounting

and Reporting

Microsot Corporation


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CMA

Requirements

Bachelor's degree

rom an accredited college

or university

Two continuous years

o proessional experience

Foundational knowledge

o economics, basic statistics,

and financial accounting

For certified CMAs:

30 hours o CPE credits,

including two hours o ethics,

and annual IMA Membershipare required to maintain

active status

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To be certified as a CMA,

candidates must ulfill both an

education requirement and

an experience requirement in

addition to passing the exam

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About IMA

IMA, the worldwide association or accountants and

financial proessionals working in business, ofers

its members exclusive access to the CMA program.IMA is committed to helping its members expand

their proessional skills, drive the perormance o

their organizations, and enhance their careers.

Visit www.imanet.org or call Member Services at (800) 638-4427

to learn more about the CMA program.


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Visit www.imanet.org or call Member Services at (800) 638-4427

cma the essential credential

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