Part 1 Exam:

Duration: 4 hrs

100 MCQs : 3 Hrs |  2 Eassy Questions : 1hr (9 to 11 short questions)

  • External Financial Reporting Decisions  (15%)
  • Planning, Budgeting and Forecasting    (30%)
  • Performance Management                    (20%)
  • Cost Management                                 (20%)
  • Internal Controls                                    (15%)

 

Part 2 Exam:

Duration: 4 hrs

100 MCQs : 3 Hrs   |    2 Eassy Questions : 1hr (9 to 11 short questions)

  • Financial Statement Analysis         (25%)
  • Corporate Finance                         (20%)
  • Decision Analysis                           (20%)
  • Risk Management                          (10%)
  • Investment Decisions                     (15%)
  • Professional Ethics                         (10%)

 

EXAMS WINDOWS:

Only one exam part can be taken at a time. Candidates must register to take one exam part within the first 12 months of entering the program and must complete both exam parts within three years.

CMA exam held thrice in a year

  • January – February
  • May – June
  • September – October

 

Expiration of Exam Parts:

All CMA candidates have three years to pass Part 1and 2 of the exam. The time period will begin on the date of your entry into the CMA program. If you don’t pass the two-part exam within Three years, credit for the part passed will expire and you will have to re-take the exam.