All you need to know about the CMA Certification

The CMA certification is a true professionnal recognition that provides specialized knowledge to make accurate financial decisions.

The CMA professional's ultimate goal is to create value and this involves management and performance measurement. 

  • What is the CMA certification ?

Issue by the American Institute IMA (Institute of Management Accountant), the CMA certification (Certified Management Accountant) has become the gold standard for all accounting and financial professionals. 

The CMA certifies advanced expertise in strategic and financial management, with a focus on financial planning, control, analysis and decision support. 

The CMA is therefore based on three main pillars : accounting, management and strategy. 

The CMA has grown in popularity over the past decade from North America to the Middle East and China where it is now possible to take the exam in Mandarin.

In Europe several major schools and universities has integrated the CMA content into their own programs giving the possibility to their students to take the exam : HEC Paris and IESEG Business School in France, the Vrije Universiteit Amsterdam (UVA) and the Rotterdam School of Management in Netherlands, and the prestigious University of St. Gallen in Switzerland. 

As ot today, more than 50,000 people around the world have obtained the CMA certification.

  • Why choose the CMA program ? 

Exclusively in English, the CMA reflects the certified professional's ability to use the language in their professional activity, and attests to unconditional ethical behaviour and strong accounting and financial management skills. 

The CMA allows for a better analysis of the operational performances of the company. 

Beyond the understanding of the profit and loss account, it forces to break down cost and the revenues, and to understand the exact reasons for the variation profitability indicators from on year to the next. 

CMA professionals guide the company and its decision-maker in adopting the choices and policies to improve profitability and margins. 

They present financial information accurately and persuasively to various andiences. 

The data provided helps organisations to make enlighten management decisions (e.g. investment strategy development, mergers and acquisition activities, or opporunitites to enter new markets). 

Bryan Barr - CMA, CFA and President of the IMA France Chapter - righlty points our that "management expects a lot from financial controllers [...] The main mission of the finance function is to ensure the quality of the decision - making process in the company, a mission to which we commit ourselves every day !"   

  • Who is the CMA for and for what carreer goal ? 

You want to learn accounting analyst skills that focus on business rather than accounting ? 

You want to work in a company rather than in an audit firm ? 

Like a lawyer who wants to becorme a business lawyer, management accouting combines expertise in accounting and in financial analysis to support the business. 

Financial professionnals recognise the CMA as a standard of competence, integrity and reliability. 

The CMA is primarily aimed at those who whish to progress in the role of business analyst and management accountant of a company. 

This function exists in both SMEs and large companies, although it is even more common in the latter category. 

Here is a non-exhaustive list of CMA profiles : administrative and financial director, financial analyst, financial controller, management controller, internal auditor, treasurer, tax expert, finance and accounting professionals. 

As a global certification, the CMA allows its holder to apply for positions as business analyst or junior internal accountant and to be immediately operational anywhere in the world. 

Many mutlinationals have adopted the CMA to train their finance teams : 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, ConAgra, Hewlett-Packard, Johnson & Johnson, Microsoft, Procter & Gamble, Verizon, Omnicom and many others. 

You are now convinced that the CMA certification is for ​you ? 

Check here the content of the exam to and choose the right preparation for you

in CMA