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Certified Management Accountant (CMA)
(Transforming to new format)
Examination Conducted by
Institute of Management Accountants – US
Certification Issued by
Institute of Certified Management Accountants – US
International Recognition
Generally recognized in the employment market in UAE Mutual recognition benefit available with ICWA of India CGA Canada allows advanced entry level in CGA program
Eligibility
Bachelor or graduates degree in any discipline.
Examination Center
Any prometric center in the World.
UAE: Knowledge Village, Dubai
Exam Format (Current - up to 2010) - Registration for the current format will be availbale up to Feb. 2010 and exam till Dec. 2010. - Parts 1, 2, & 3 are tested by Multiple Choice Questions - Part 4 is tested by Simulation Questions * Simulation Questions will be in a form of Theory/Problem/Objective or Case Study
| Subjects | Exam Hrs. | MCQ | SQ |
| Part 1: Business Analysis | 3 | 110 | - |
| Part 2: Management Accounting and Reporting | 4 | 140 | - |
| Part 3: Strategic Management | 3 | 110 | - |
| Part 4: Business Analysis | 3 | - | 6 or 7 |
| - Business application will be trained on individual basis |
Exam Format (New) - Registration for the new format is available now - Testing will commence from May 2010
- All subject contents in P1 & P2 will be tested up to Level “C” (Advanced) - Essay questions will be 30 min. each
| Subjects | Exam Hrs. | MCQ | Essay |
| Part 1 : Financial Planning, Performance & Control | 4 | 100 | 2 |
| Part 2 : Financial Decision Making | 4 | 100 | 2 |
Transition
- Students passed P2, P3 will pass Transition Pat T (4 Essay questions of 30 mins. each from P1, P2 of new) - Students passed P1, P2, P3 are recommended to pass P4 before Dec. 2010 - Students passed in P2 (current) will get exemption in P1 (new) and give P2 (new) to complete the program - Students passed in P3 (current) will get exemption in P2 (new) and give P1 (new) to complete the program Minimum Passing Mark
70% on scaled score basis Credit for the passed subjects will be carried over for 3 years from registration in new format.
Practical Experience
2 years practical experience
| Exam Fees | Current | New |
| International Membership Fee | $195 | $195 |
| Certification Entrance Fee | $200 | $200* |
| Registration Fee | $ 15 | $ 15 |
| Exam Fee per Subject | $190 | $350** |
* Entrance Fees will be collected again, if a student does not give any exam within one year from the registration or does not complete the program in 3 years
**Exam fees paid for both parts and scheduled in the same testing window will get a concession of $100
