How to Apply for the US CMA Exam: These are the Five Key Steps
The US Certified Public Accountant (CMA) is one of the most prominent certifications you can earn in the finance industry for a thriving career. You just need to have the right knowledge about the qualification and the process. In this article, we will help you to understand how to apply for the US CMA exam. So stay tuned!
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Meet the Eligibility Criteria
You should have a bachelor's degree or other appropriate professional certification to become a certified public accountant. Two years of professional experience in financial management or management accounting is also required. Additionally, you must earn an IMA membership and pass a challenging two-part exam.
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Pay the Fee and Become an IMA member.
You must become a professional member of IMA if you want to take the US CMA exam. Residents under 33 in the USA and Canada should sign up as young professionals. Every student on the globe is eligible to apply for a student discount. To join, take the actions listed below:
Choose your nation of origin.
After selecting a membership category, click "Join now."
To confirm, click "Join," then proceed with the application.
Complete the application and make the payment to the US CMA.
A confirmation email containing the enrollment number will be sent after payment.
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Join in the US CMA Programs
You must enroll in the US CMA program before you can begin the registration procedure for the US CMA exam. Only candidates who are prepared for the exam should enroll in this program. The candidate has three years to complete the course and take the US CMA exam within 12 months of enrolling and paying the entry fee.
Professional members will receive an email confirming their successful program enrollment after paying the USD 240 membership fee. The email will also include information on accessing the US exam support package.
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Sign Up for the CMA Exam
After enrollment, the candidate needs to complete the two-part CMA exam registration process.
Part 1: Performance, control, and financial planning
Part 2: Making financial decisions
The candidate can choose to appear for any section based on their comfort level, and there is no set order. They can even submit applications for both sections within the same examination period. The registration process is simple and involves providing credit card information over the phone or online. Additionally, the registration email can be sent by mail or fax.
The candidates are required to pay the exam fees after completing the registration process. Each part of the US CMA exam costs USD 495. Therefore, the candidate must pay USD 495 for each part separately if they choose to appear for both.
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Find the Exam Facility and Select the Timetable
After completing the registration process and paying the money, candidates need to schedule their exam. Any authorized facility in the world is available for them to select from. All weekends in January, February, May, June, September, and October are open at the centers. The candidate will receive an email with all of the US CMA exam specifics after the center has been set.
The excellence of job opportunities and notable career progression make the time and effort required to become a Certified Management Accountant worthwhile. This comprehensive guide will help you get started if you're prepared to obtain your CMA.
Frequently Asked Questions (FAQs)
Q: How do I schedule a US CMA exam?
Ans: Here is the process to schedule a US CMA exam:
- Sign up for a window of the CMA exam.
- Pay the fee for the CMA exam.
- Choose a metric exam facility.
- Make the appointment for the CMA exam.
- Verify the time of your appointment.
Q: When should I register for US CMA?
Ans: In the USA, Parts 1 and 2 CMA registrations end on February 15, June 15, and October 15 of each year. To register for the US CMA exam, candidates must register online by visiting an ICMA-approved online retailer.
Q: Can I give us the CMA exam from home?
Ans: If the candidates are in a country that qualifies and your exam site and equipment meet Prometric's requirements, you can use remote proctoring to take CMA exams from anywhere in the world. If your test results are good, you could be able to take this one.
If your test location and equipment fulfill Prometric's requirements, you might be allowed to take this exam.