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Certified Management Accountant (CMA®) Learning System

Your Complete Solution to Prepare for the New Two-Part Certified Management Accountant (CMA®) Exam

Dates

CMA Review - Part 2 Spring 2012 (Mondays from 6-9 p.m.)

  • February 20 - May 2, 2012

Fees

Part 1: Financial Planning, Performance and Control
$1,395

Part 2: Financial Decision Making
$1,595

Register for both Parts 1 and 2 for a discounted price of $2,841

Course fees include in-class instruction (30 hours for Part 1 course and 36 hours for Part 2 course), study materials (textbook, participant guide, and online practice test access), and refreshments.

Course materials will be distributed on the first day of class.

Please register early to ensure that materials are ordered for you.

Please note: Course fees are separate from IMA examination fees.

Registration deadline: February 10, 2012.

Register

The Institute of Management Accountants (IMA®) has updated the curriculum of the CMA exam to a new two-part format. The new curriculum more closely aligns with the knowledge, skills, and abilities that an accountant or financial professional in business uses on the job today-financial planning, analysis, control, and decision support. These skills are critical to the success of finance teams. The new CMA exam allows an employer to more readily understand the applicability of the CMA to a corporate career path and allows the candidate to more efficiently demonstrate proficiency in the skills tested by the CMA. The goal of the new CMA program is to ensure that the CMA remains the most appropriate designation in the world for accountants and financial professionals working in business.

CMA's are professionals driving business performance. Those who have earned the CMA credential have demonstrated both technical competencies and an understanding of the linkage between strategy and financial performance, grounded in a firm commitment to upholding the highest ethical standards.

The Pitts Business Center for Executive Education uses IMA's CMA Learning System version 3.0, a state-of-the-art study program delivering today's most comprehensive, customized learning experience to prepare for the new CMA exam. It combines live courses, IMA study materials, and online practice tests to assess one's overall progress and to prepare him or her for success on the CMA exam.

These instructor-led review courses will be delivered in two convenient courses, mirroring the two parts of the CMA exam.

Overview

Join a leading group of professionals who have advanced beyond the practical accounting skill set by earning IMA's prestigious global certification, the CMA®. IMA's 20th Annual Salary Survey indicates that professionals holding CMA certification have greater earning power-24 percent higher in salary and 31percent higher in total compensation-than their noncertified colleagues (Source: Strategic Finance magazine, June 2009).

This program is offered in cooperation with IMA as exam preparation for the CMA exam. The CMA Learning System version 3.0 is based on the newly-revised CMA body of knowledge.

While the primary focus of this course is to prepare individuals for the CMA exam, the course is also an excellent professional development tool for helping individuals advance their career in accounting, finance, or business management.

Course Highlights

  • Qualified instructors reinforce key points and keep you on track for success.
  • A peer network is developed while you learn in a group environment
  • CMA Learning System Version 3.0, a comprehensive program, including text books, online practice tests, and resources directly aligned to the body of knowledge of the new CMA exam.
    • The text books include a thorough review of critical concepts and calculations, knowledge check questions/answers, more than 175 complex questions/answers, 39 sample essay questions/answers, tips on exam preparation, and an extensive reference bibliography. Tips are provided on how to prepare for the essay portions of the exam, including sample responses and an explanation of the essay grading scorecard.
    • The online practice tests include more than 1,400 multiple-choice questions with explanations designed to help with the mastery of exam sections or to emulate a full or partial exam, a gradebook to track progress on the practice tests, and additional resources, including IMA's Exam Content Specifications and Learning Outcome Statements . The online system is available 24/7, providing the flexibility and convenience to study at your own pace and schedule.

Who Should Attend

IMA
  • Candidates preparing for IMA's CMA® examination
  • Practitioners identifying, measuring, analyzing, and interpreting financial information
  • Managerial finance and accounting professionals involved in strategic, tactical, and operating decisions within their organization's financial management process
  • Accounting staff members preparing financial reports for nonmanagement groups such as shareholders, creditors, regulatory agencies, and tax authorities
  • Accredited, licensed, or certified professionals seeking continuing education credits
  • CPAs interested in moving into an internal corporate accounting role
  • Students with an interest in business analysis, management accounting and reporting, strategic management, and business applications

Outline

CMA

There are two parts to the newly-revised CMA® exam:

  • Part 1 - Financial Planning, Performance and Control
    • Planning, budgeting, and forecasting
    • Performance measurement
    • Cost management
    • Internal controls
    • Professional ethics
  • Part 2 - Financial Decision Making
    • Financial statement analysis
    • Corporate finance
    • Decision analysis and risk management
    • Performance measurement
    • Professional ethics

Please note that candidates for the CMA exam may sit for Parts 1 and 2 in any order.

To become certified, a candidate must pass both parts of the CMA exam, be a member of IMA®, hold a bachelor's degree, and have two years of professional work experience in management accounting and/or financial management.

Course Schedule

The Center for Executive Education's CMA® courses are scheduled to align with the windows during which a candidate can sit for an exam at Prometric Testing Centers. CMA exam parts can be taken at Prometric Testing Centers during the following months:

January and February
May and June
September and October

Download the CMA Syllabus for Part 1 (PDF)

Download the CMA Syllabus for Part 2 (PDF)

Recommended testing window for this course:

Register early to ensure a seat in these courses!