Certified Management Accountant is a professional certification credential in the management accounting and financial management fields.
The CMA program consists of two parts, each covering a range of topics in management accounting and financial management. Part 1 focuses on Financial Planning, Performance, and Analytics, including areas like financial statement analysis, corporate finance, and risk management. Part 2 covers Strategic Financial Management, such as strategic planning, decision analysis, and risk management. The CMA exam is a computer-based test that assesses candidates' knowledge, skills, and abilities in these key areas of management accounting and finance.
The CMA program provides in-depth training in strategic financial management, equipping candidates with critical skills for business decision-making.
The CMA certification is highly valued by employers, as it demonstrates a candidate's expertise in financial planning, analysis, and strategic management.
The CMA is an internationally recognized certification, making it valuable for professionals seeking career opportunities worldwide.
Studies show that CMAs often earn higher salaries compared to their non-certified counterparts.
The CMA program encourages lifelong learning, as candidates must maintain their certification through ongoing continuing education.