The complete CMA program consists of two parts. The program is updated every five years to ensure that the competencies covered are still relevant for today’s finance professionals. Together, the two parts cover 12 topics which are all part of the Nafta CMA Exam Prepration Program.
CMA Part 1: Financial Planning, Performance and Analytics
- Planning, Budgeting and Forecasting
- Performance Management
- Cost Management
- Internal Controls
- Technology and Analytics
- External Financial Reporting Decisions
CMA Part 2: Strategic Financial Management
- Decision Analysis
- Corporate Finance
- Financial Statement Analysis
- Professional and Business Ethics
- Investment Decisions
- Risk Management
Both the exams of CMA Part 1 and CMA Part 2 are four hour exams, taken in a Prometric Test Center. Each exam consists of 100 multiple-choice questions (3 hours) and essay questions (1 hour). Candidates can start with either Part 1 or Part 2.
Exam Locations
Exams are administered through the worldwide network of Prometric Testing Centers and are available in accordance with local customs. There are
many locations internationally.
• To locate a Testing Center and schedule exam appointments, visit www.prometric.com/ICMA.
• You can also schedule with Prometric by phone (regional numbers are on the Prometric web site).
Exam Sessions
Exams are offered throughout the year:
• January and February
• May and June
• September and October
To schedule exam appointments, visit www.prometric.com/ICMA.
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