What is the CMA exam like?
The CMA exam is a computer-based exam offered throughout the year and taken at testing sites throughout the country. The exam is mostly objective (three parts are immediately graded before leaving the testing site) and requires knowledge in the four topical areas of: • Part 1 – Business Analysis: Economics and Financial Analysis • Part 2 – Management Accounting: Cost, Budget, GAAP • Part 3 – Strategic Management: Planning, Marketing, Decision Analysis • Part 4 – Business Applications: Integration of Concepts, Ethics A candidate may take one or more parts at a time and has 48 months to pass all four parts. Each part is timed, with Parts 1, 3, & 4 taking three hours; Part 2 is four hours. See the IMA website for more information about the exam itself, including pass rates and costs to enroll.
