A recent salary survey found that a CMA-certified professional earns 89% more than a non-certified professional and 19% more than a professional with only a CPA.
(Source: SmartPros.com Salary Survey, February 2005)
The CMA Program consists of four exam parts. Each part is developed around the revised CMA body of knowledge that reflects the unique knowledge and skill set required for success in today's dynamic management accounting and finance profession. Parts 1-3 exams may be taken in any order but all must be successfully completed before a candidate is allowed to sit for the Part 4 exam and receive the prestigious credential. This is what you'll learn in each of the four courses:
Northern Illinois University uses the IMA's CMA Learning System course as the basis for the program. This course combines live classroom instruction with textbooks and online, interactive testing components to deliver a comprehensive and customized learning experience in management accounting and finance. These four convenient courses mirror the four CMA Exam parts.
Your instructor will base your course on the printed text and online review materials which make up IMA's CMA Learning System including:
CMA Part 1:
Business Analysis
CMA Part 2:
Management Accounting and Reporting
CMA Part 3:
Strategic Management
CMA Part 4:
Business Applications
For complete details about the Northern Illinois University CMA program contact:
Donna M. Mann
Director, Credentialing Programs
Northern IL University Outreach
Phone (815) 753-2406
Home Office Phone (815) 753-6249
E-mail: dmann@niu.edu
Visit: http://www.outreach.niu.edu/ or phone (800) 345-9472 for complete details, schedule of programs and registration information.
The Certified Management Accountant (CMA) credential is highly recommended for management accounting and finance professionals who work inside organizations where expertise in decision support, planning, and control over value-creating operations is a crucial element of operational success. The designation provides corporate management and individual Members with an objective measure of knowledge and competence in the field of management accounting. The CMA is an invaluable credential for professional advancement and for broadening professional skills and perspective.
By earning the CMA credential, you will demonstrate both technical competencies and an understanding of the linkage between strategy and financial performance, grounded in a firm commitment to upholding strict professional ethical standards. Only the CMA certification requires the broad range of topics that are key to management performance and contribution. Exam topics include economics, business finance, situational analysis, and decision making with a strong emphasis on ethics. Combined with relevant rule-based subject matter, the four-tiered CMA exam is designed to develop and measure critical thinking and decision-making skills.