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Understanding The CMA Exam Calculator Policy and Recommended Brands

Understanding The CMA Exam Calculator Policy

Understanding The CMA Exam Calculator Policy – Candidates are allowed to bring their own CMA exam calculators in the prometric center, but there are rules that you have to follow.

Understanding The CMA Exam Calculator Policy

Pass the CMA Exam – Follow Calculator Policy

  • Simple six-function calculators that is not programmable (except for the financial calculators listed below). The six functions are addition, subtraction, multiplication, division, square root, and percent.
  • The exam calculator must be a basic one that is not programmable, with exceptions of the financial calculators.
    • There should be no use of any kind of tape in the exam calculator by the candidate.
    • The IMA calculator that the candidate brings to the examination centres must be of small in size. There should be no noise in the calculator used. The exam calculator must be either battery powered or solar powered.
    • The candidate needs to ensure that the exam calculator that they bring in the centres must not have a permanent memory. The calculations done in the calculator must erase when the memory is cleared or when the IMA calculator is turned off. Thus the calculator must have a temporary memory.
    • While operating the exam calculators in the Prometric centres, the candidates are not allowed to bring the instruction manual for the calculators. They should understand and learn the functioning of the calculators that they are bringing before they appear for the examinations.

Understanding The CMA Exam Calculator Policy Candidates may use the following calculators:

  • Texas Instruments BA II Plus*
  • Hewlett-Packard HP 10BI
  • Hewlett-Packard HP 12c**
  • Hewlet-Packard HP 12c Platinum**

But which calculator should you choose?  Here are some pros and cons for each model to help you decide:

HP Models

Pros:

  • Fewer keystrokes to accomplish tasks
  • Sturdy keyboard

Cons:

  • Older models
  • More expensive
  • Not as user friendly as the Texas Instruments BA II Plus calculator

Texas Instruments BA II Plus

pros

  • More affordable
  • More user-friendly

Cons

  • May need more keystrokes to accomplish the same tasks
  • Keyboard slightly less sensitive than the HP models

HP 12C and HP 12CP

If you are looking for a more advanced model that could be useful for your profession, then you may want to take a look at the HP models. This calculator has been around for 20+ years and have been popular among bankers.

What’s Great

  • Fewer keystrokes for frequently used calculations e.g. NPV
  • Very sturdy keypads
  • Good size (3″x5″) for your suit pocket

Limitations

  • The way you key in the formula is not user friendly, e.g. you need to enter the “=” before the numbers. Technically it’s known as the Reverse Polish Notation (RPN) and it’s quite hard to use.
  • It’s more expensive

FAq’s on Understanding The CMA Exam Calculator Policy

Question: Am I allowed to bring a calculator into the CMA exam to help with the questions that require mathematical computation?

Answer: Candidates may bring and use simple six-function calculators during the CMA exam. The test center will not provide calculators for candidates who do not have their own, and calculators that do not conform to the guidelines will not be permitted. Some suggestions and guidelines for calculator usage are as follows:

  • Make sure your calculator has fresh batteries.
  • Consider bringing a backup calculator with you.
  • Calculators must be small, quiet, and battery- or solar-powered.
  • The calculator’s memory must be temporary, and it must erase when the memory is cleared or the calculator is turned off.
  • Calculators must not use any type of tape.
  • Calculators must be nonprogrammable.
  • Calculator instruction books are not permitted.

As of May 1, 2008, CMA candidates will be allowed to use two newly-approved calculators on the CMA exam. Previously, only six-function calculators (as discussed in this CMA Forum post) were allowed at testing stations. Six-function calculators may still be used.

Sitting for Your CMA: Understanding The CMA Exam Calculator Policy

Sitting for Your CMA? What to Expect On Exam Day? These are the information you must know

Where Is Your Testing Center?

This should come as no surprise, but you need to know exactly where your assigned testing center is and how to get there (in good and bad traffic). Use this locator tool to find your testing center.

Prometric Testing Centers

To administer the CMA Exam, the IMA partners with Prometric, which has physical testing centers throughout the world. Educational Testing Services, Prometric’s parent company, administers many common computer-based exams such as the GRE and TOEFL. What sets Prometric apart, as you’ll see, is the level of security and verification required for exam candidates.

Arrive 30 Minutes Prior to Your Exam Time

Your Prometric testing center will likely be a small office space located in a nondescript business park or strip mall. Arrive at least half an hour before your scheduled exam time. You will need this time.

Recommended Read :

CMA Foundation Study Material For All Subjects

ICWA Inter Study Material for all subjects

ICWA fina Study Material for all subjects

CMA Exam Suggested Study Plan

ICWAI | CMA Study Plan – Option 1: Early riser

Time Table: 10 Hours Study Plan
TimeDaily Schedule
6:00 AMWake Up
6 AM to 7 AMWarm Up/Exercise
7 AM to 9 AMWatching Video and making notes
9 AM to 9:30 AMBreakfast
9:30 AM to 11:30 AMSelf Study
11:30 to 12:00 PMBreak – Whatsapp/FB
12:00 PM to 3:00 PMBreak – Lunch and Rest etc
3:00 to 5:00 PMWatching Video and making notes
5:00 PM to 5:30 PMTea Break
5:30 PM to 7:30 PMSelf Study
7:30 PM to 8:00 PMRelaxing
8:00 PM to 9:30 PMSelf Study
9:30 PM to 11:00 PMDinner and Watching TV
11:00 PMBed time

ICWAI | CMA Study Plan – Option 2

4:00 a.m. to 12:00 p.m.Sleep
12:00 p.m.to 2:00 p.m.Take Tea, Fresh and Take lunch
2:00 p.m. to 4:00 p.m.Take class and prepare notes
4:00 p.m. to 5 p.m.Tea Time and Relax
5 p.m. to 7:00 p.m.Self Study
7:00 p.m. to 8 p.m.Relax (Listen Music)
8 p.m. to 9:00 p.m.Self Study
9:00 p.m. to 11:00 p.m.Take Dinner, watch T.V., listen music
11:00 p.m. to 1:00 a.m.Take class and prepare notes
1:00 a.m. to 2:00 a.m.Take Tea, Facebook
2:00 a.m. to 4:00 p.m.Self Study

ICWAI | CMA Study Plan – Option 3

TimeEarly RisersNocturnal
5-6 AMWarmupNA
6 AM -8 AMStudyNA
8 AM- 10 AMBreak: breakfast etcwarmup, breakfast etc
10AM-11 AMStudyMorning routine
11 AM-12StudyStudy
12 – 2 PMFacebook,friends ,Hometask etcFacebook,friends ,Hometask etc
2 PM- 3 PMLunch BreakLunch
3 PM – 3:30 PMRestStudy
3 :30 PM – 6 PMStudyStudy
6 PM – 7 PMBreak,tea,home task,sports,etcBreak,tea,home task,sports,etc
7 PM -9 PMStudyStudy
9PM – 10 PMTV,Dinner etcTV,Dinner etc
10PM _11PMStudy for half an hour and go to sleepStudy
11 PM-1AMNAStudy
Total Study hours99
Total Sleep hours77
Break Time hrs88

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