About the CMA® Exam
Content, format and everything you need to know about the CMA® exam.
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Exam Format
To earn the CMA Certification, you need to pass all two exam parts (Part I and Part II) administered by the IMA (Institute of Management & Accountant).
Each of these exams focuses on different topics. Here are more about each exam part and their key topics.
Part 1
Financial Planning
Performance & Analytics
- Duration: 4 hours
- Format: computer-based testing, 100 multiple choice questions and two 30-minute essay questions
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Testing Windows:• January - February• May - June• September - October
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Topic Weights:15% Cost Management
15% Internal Controls
15% Technology and Analytics
15% External Financial Reporting Decisions
20% Planning, Budgeting, and Forecasting
20% Performance Management
Part 2
Management
- Duration: 4 hours
- Format: computer-based testing, 100 multiple choice questions and two 30-minute essay questions
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Testing Windows:• January - February• May - June• September - October
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Topic Weights:10% Risk Management
10% Investment Decisions
15% Professional Ethics
20% Financial Statement Analysis
20% Corporate Finance
25% Decision Analysis
Exam Requirements
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