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The IMA CMA-Strategic-Financial-Management exam is divided into two sections, each containing 100 multiple-choice questions. Candidates have four hours to complete the entire exam. The first section covers financial statement analysis, corporate finance, and decision analysis. The second section covers risk management, investment decisions, and professional ethics. Candidates must score at least 360 out of 500 points on the exam in order to pass and earn the CMA certification.
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To be eligible to take the CMA Part 2 exam, candidates must have a bachelor's degree from an accredited university, or a professional certification such as the CPA, CFA, or CIA. They must also have passed the CMA Part 1 exam, which covers topics such as financial planning, performance, and control. Candidates must also have a minimum of two years of professional experience in financial management or related fields.
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