What is CMA PART 2?

CMA PART 2 – Certified Management Accountant is a professional certification test. CMA PART 2 is the 2nd of the 2-part CMA exam. CMA is a highly sought-after certification by candidates who are keen on specializing in management accounting services, corporate finance, treasury, etc.

Who Conducts CMA PART 2?

CMA PART 2 is administered by Institute of Management accountants (IMA), a private nonprofit organization in USA

Who writes CMA PART 2?

CMA PART 2 is written by working professionals or college students or candidates who have qualified certain Professional Certification courses such as ACCA.

What is the test duration of the CMA PART 2?

CMA PART 2 test is conducted on a single day for a total duration of 4 hours.
· Single session – 4 hours.

How many questions are there on CMA PART 2?

A total of 120 questions are there on the CMA PART 2.

· 100 MCQ’s – 3 hours

· 2 essay type question – 30 minutes each ( Total – 1hour)

What is the score distribution of CMA PART 2?

The score distribution of CMA PART 2 in each section is as follows

· Correct Answer – 1 Point

· In Correct Answer / Unanswered – 0 Point

What is the General Test Structure and Time Allowed for CMA PART 2?

· Afternoon Session – (100 MCQ + 2-essay question) – (3hr for MCQ + 1hr for essay question)

What is the question pattern?

For the CMA PART 2, the question pattern is divided as follows

· 100 Questions – Multiple-choice Questions

· 2 Questions – Essay Type

What are the topics & its weightage in CMA PART 2?

CMA Part 2 syllabus is divided into 5 components:

· Financial Statement Analysis – 25%

· Corporate Finance – 20%

· Decision Analysis – 20%

· Risk Management – 10%

· Investment Decisions – 15%

· Professional Ethics – 10%

What is the CMA PART 2 test environment?

CMA PART 2 is a Computer – based test conducted in Prometric test centers.

When is the CMA PART 2 score published?

Since CMA PART 2 is a paper-based test, it requires time for scoring, the official test score would be available 8 weeks after the test date.

Can I cancel the CMA PART 2 test scores after taking the test?

No

How long is CMA PART 2 pass result valid?

Candidates should pass the 2 parts of the exam and complete 2 continuous years of professional experience in management accounting and/or financial management within 7 years.

How many times is the CMA PART 2 administered in a year?

CMA PART 2 is a paper-based test administered over three windows of 2 months each during a year in the UAE.

Test Date	From	To	Test Result
1st Window	January 1st	February 28th	42 days after the last day of the month in which you took the test
2nd Window	May 1st	June 30th
3rd Window	September 1st	October 31st

Eligibility criteria for CMA PART 2?

· Candidate with a bachelor’s degree or is studying in college

· Candidate has already obtained certain Professional Certification such as ACCA

· Age is no bar

How many times can the candidate take CMA PART 2?

In a span of one year, the student is entitled to take CMA PART thrice.

Should I write CMA part 1 first or CMA part 2 first or write both during the same window?

Candidate can choose to write CMA part 2 as the first paper and then write CMA part 1 after that. Alternatively, he can choose to write CMA part 1 as the first paper and then write CMA part 2 after that. Candidate can write both CMA part 1 & part 2 during the same test window or in different test windows.

What are the benefits of CMA PART 2?

Successfully completing CMA PART 2 is the beginning of your career in the field of management accounting. With the CMA PART 2 qualification, Candidates should be able to find an entry level job in the accounting & finance department of any organization. But keep in mind that completing both parts and finally obtaining the CMA is the ticket for further growth and opportunities.

What is the CMA PART 2 Exams Fees Structure?

For Professional Members:

1. IMA Membership: $245 annually (discounts are available for students, academics, and young professionals)

2. IMA Registration Fee: $15 one-time payable with your first year of membership

3. CMA Exam Entrance Fee: $250 (good for 3 years)

4. CMA Exam Registration Fee: $415 per Part

For Student/Academic Members:

1. IMA Membership Fee: ($135 – Academic, $78 – 2-year student, $39 – Student) Annual.

2. IMA Registration Fee: $15 one-time payable with your first year of membership

3. CMA Exam Entrance Fee: $188 (good for 3 years)

4. CMA Exam Registration Fee: $311 per Part

How to register for CMA PART 2?

Interested candidates may register for CMA PART 2 online. The candidate may follow the online registration process – · The candidate should create an account in the imanet.org website

· Complete the registration form and pay the IMA Registration & Membership Fee

· Select the Date and Location for CMA PART 2 Test

· Make a payment for CMA PART 2 exam fee

Where is the test center for CMA PART 2 in UAE?

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