How long does it take to earn the CMA?

With four focused months of study per part — roughly 12 to 15 hours a week — most candidates finish both parts in 8 to 12 months. The IMA gives you a three-year window once you enter the program.

How much does the CMA cost end-to-end?

Plan on roughly $2,200 to $3,000 total for IMA membership, the CMA entrance fee, both exam-part fees, and a major review course. Self-funded candidates often spend closer to $1,800; many employers reimburse.

What is the CMA exam pass rate?

The global pass rate hovers around 50% per part. Candidates who complete a full review course and 150+ practice hours per part pass at significantly higher rates.

Is the CMA harder than the CPA?

Different beasts. The CPA is broader — four sections covering audit, tax, regulation, and financial accounting. The CMA is deeper in strategy, decision analysis, and corporate finance, with heavier emphasis on essay-style application.

Do I need an accounting degree to earn the CMA?

No. Any bachelor's degree from an accredited institution qualifies you to sit for the CMA exam. Many CMAs come from engineering, economics, or general-business backgrounds.

Where do I sit for the CMA exam?

Computer-based, at Prometric testing centers worldwide. Three testing windows each year: Jan/Feb, May/Jun, and Sep/Oct.

How do I keep the CMA credential after passing?

Maintain active IMA membership and complete 30 hours of continuing professional education per year, including two hours of ethics.

Certified Management Accountant (CMA): The Complete 2026 Guide

Certified Management Accountant — The Complete Guide

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About the CMA: The Certified Management Accountant is a global credential awarded by the Institute of Management Accountants (IMA). It covers management accounting, financial planning, analytics, and strategic decision-making for finance professionals working inside companies.