How Do You Become A Certified Management Accountant (CMA)?
Let’s get started with the bottom line: certified accountants on average earn 27% more than uncertified accountants. If you’re not interested in auditing or tax but want to maximize your earning potential, becoming a Certified Management Accountant may be your best option. Here’s how … Step 1 Join the Institute of Management Accountants (IMA) and pay the entrance fee/annual dues, normally $130. With membership you’ll receive Strategic Finance Magazine and Management Accounting Quarterly (subscription fees included in dues), which happen to be great resources if you pursue a Master’s or PhD. Step 2 Meet the education requirements: either hold a bachelor’s degree (any major) from an accredited college or university or score in the 50% percentile or higher on the GMAT exam. Step 3 Meet the experience requirement: complete 2 continuous years of professional experience in management accounting or financial management within 7 years before, during, or after passing the CMA exam. Step 4 Pas
