Join Your Exam WhatsApp group to get regular news, updates & study materials HOW TO JOIN

What You Need To Know About The CMA USA Exam Difficulty Levels

What You Need To Know About The CMA USA Exam Difficulty Levels

What You Need To Know About The CMA USA Exam Difficulty Levels:-

US CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – making you the preferred choice of the potential employers. CMA certification is widely accepted in India and in the job markets of US, Canada, Europe, Middle East and China.

There are certain requirements that most professional finance qualification holders need to fulfill in order to maintain their professional competence and to enhance their ability to perform well in the ever changing business scenarios. This holds true for the Certified Management Accountants (CMA) certified professionals as well. They need to fulfill the CMA CPE (Continuing Professional Education) requirements specified by IMA on a yearly basis.

What You Need To Know About The CMA USA Exam Difficulty Levels

About US CMA Course:-

The US CMA® Course is globally recognised, advanced-level credential appropriate for accountants and financial professionals in business. Achieving the US CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional
ethics – skills that are in demand by organisations around the world. The US CMA is offered by the Institute of Management Accountants (IMA) USA and the content is regularly reviewed by the Institute of Certified Management Accountants (ICMA).

It’s offered since 1972 and has certified 40,000 professionals. US CMA® enhances the value that you bring to your current position, or expand your career potential, it will help you set the standard for professional excellence.

The CMA Exam has a unique scoring system that can sometimes be confusing for candidates. Here’s everything you need to know to correctly interpret your CMA Exam score.

What You Need To Know About The CMA USA Exam Difficulty Levels

CMA Exam Difficulty

The CMA exam is a 2-part exam. The first part covers financial accounting; planning, budgeting, and forecasting; performance management, cost management; and internal controls. The second part covers financial statement analysis, corporate finance, decision analysis and risk management, investment decisions and professional ethics.

When compared to the CPA exam, for example, the scope is narrower. The CPA exam tests all of the above (with varying degree of detail), together with auditing, business law and taxation. There are four parts in the CPA exam instead of two.

When compared to the CFA exam, the CMA exam does not go into such detail. The questions could be lengthy and complex, but they are not designed to test very advanced knowledge in exam topics.

Conclusion: Given its niche position within accounting qualification, the CMA exam covers fewer topics. it also doesn’t go into the detail as required by some accounting and finance qualifications.

What You Need To Know About The CMA USA Exam Difficulty Levels

CMA Exam Difficulty – Pass Rates

We may then conclude the pass rate of the CMA is higher? This is not true. According to the latest results, the pass rates of Part 1 and Part 2 was 35% and 42% respectively. In comparison, the overall CPA exam pass rate was 49.9%.

One important reason of the low rate is the lower eligibility requirement. To sit for the CMA exam, a candidate is only required to have a bachelor degree. It can be from any discipline and from any country.

For CPA exam, the candidate has to accumulate accounting credit hours equivalent to an accounting major, obtain 150 credit hours of education overall (5 years worth of education), and graduate with a 4-year bachelor degree. Therefore, the candidate pool has a much stronger background in accounting, which helps in maintaining a good overall pass rate.

With this analysis, it is inconclusive whether CMA exam is more difficult in this aspect.

What You Need To Know About The CMA USA Exam Difficulty Levels

Conclusion:-

This is a somewhat subjective but very useful way to understand the level of CMA exam difficulty. This is based on the opinion of few readers who have taken both exams.

Most of them agree that the CPA exam covers a much wider topic. This makes CPA exam harder to handle, but difficulty is similar when compared to the CMA exam.

What You Need To Know About The CMA USA Exam Difficulty Levels

Use following books for CMA Inter

Try and get these books for your preparation.

To search more books visit

What You Need To Know About The CMA USA Exam Difficulty Levels

Leave a comment

Your email address will not be published. Required fields are marked *