The professional credential, offered by the is the certification to get if you're in the management accounting profession. While you don't have to become a CMA to work as a management accountant, more than 30,000 people have chosen to do so since the program's inception in 1972, and you might want to as well. In this article, we'll take a look at what four CMA holders have to say about the designation's benefits.

Answers to the most frequently asked questions on how to become a CMA. Information to resources, tools, study materials and coaching. Through a partnership with The Institute of Management Accountants (IMA), Duke is proud to offer the Online CMAexcel Program, a review program for the CMA certification exam put forth by the IMA. CMA® (Certified Management Accountant) is the advanced professional certification specifically designed to measure the.

Why Become a CMA? The professionals we interviewed all said they pursued for career advancement.

Komplete 9 Ultimate Download Free. 'I decided to go after my CMA because I felt that the CPA left some gap in the trade skills that I needed to have to continue my career in industry,' says Ben Mulling, CFO of TENTE Casters, Inc., in Hebron, Ky. Mulling is a member of IMA's Global Board of Directors and also holds the (CPA) and Certified Information Technology Professional (CITP) designations. Lon Searle, CFO of YESCO Franchising in Salt Lake City, Utah, said he decided to become a CMA because he knew he would be promoted to CFO someday and he wanted to be prepared to be a world-class financial leader. Steve Kuchen, a member of the IMA's Small Business Financial and Regulatory Affairs Committee, says, 'After leaving a job, I specializing in finance and accounting professionals and the recruiter really impressed upon me how important it was to have some credentials after my name. He thought that the CMA would be just right based on my prior experiences and interests.'

Financial Cost Earning your CMA has the following financial costs: • Annual IMA membership fees are $39 to $230 depending on whether you are a student, academic, young professional or professional. • CMA program entrance costs $225, but student or academic IMA members are eligible for a $150 discount. • CMA exam fees are $300 or $350 per part, depending on how you register and when you take the exams, for a total of $600 or $700.

• The ongoing annual CMA maintenance fee is $30. You may spend additional money on test-prep materials, such as $470 for an online self-study course or $1,110 for an online self-study course plus textbooks and access to an online test bank. Finally, some continuing professional education (CPE) materials and activities cost money, but there are also options to earn CPE credits for free. Time Commitment Earning your CMA requires a significant time commitment. You have to meet requirements for. You'll also need to study for and pass two exams, which you're allowed a maximum of three years from program entry to complete. Once you become a CMA, you must complete 30 hours of continuing professional education annually.