Frequently Asked Questions
Do I have the necessary qualifications for the exam?
You need a bachelor’s degree or equivalent and a minimum of two continuous years of professional experience in management accounting or financial management. IMA currently accepts the following Swiss qualifications as an acceptable equivalent to a bachelor’s degree: Universitäts- und Fachhochschulabschluss. If you hold another title, please check with IMA (firstname.lastname@example.org) whether this title is also acceptable.
Am I enrolled for the CMA exams after I have registered for the CfBS prep course?
No, in order to take the exams, you need to enrol directly with IMA at www.imanet.org.
When do the CMA exams take place?
The CMA exams for parts 1 and 2 will be given during the following three testing window periods: January and February, May and June as well as September and October.
What is the format of the CMA exams?
Each exam part lasts four hours with 100 multiple-choice questions and two 30-minute essay questions. Three hours will be given to complete the multiple-choice section and one hour to complete the essays. The essays will be presented after the completion of the multiple-choice section. Candidates must answer at least 50% of the multiple-choice questions correctly to be eligible to take the essay section. The exam results (pass/fail status) will be mailed approximately six weeks after the close of the testing window.
How can the CfBS prep course help me to pass the exam?
The prep course will teach you the most complex and frequently asked concepts and gives you a framework to structure your exam preparation. The course is designed to build up gradually the knowledge and strategy to pass the exam successfully. In addition to attending class you will need to put in rigorous study depending on your academic and professional background (approx. 150 to 170 hours of study per part). We suggest that you take one week off before each exam part to concentrate fully on your final preparation. The global exam pass rate is around 50%.
For more information regarding the CMA program, please visit www.imanet.org and/or contact us by e-mail to email@example.com or by phone to (+41) 044 240 04 50.