CMA Exam Prep

Amazing career potential.

CMA® (Certified Management Accountant) is the advanced professional certification specifically designed to measure the advanced accounting and financial management skills that drive business performance in today’s complex and challenging business environment. The CMA is tailor-made for finance professionals at all levels  whether you want to enhance your value to your current organization, or expand your career potential. Earning the CMA will make you part of a network of more than 40,000 credentialed peers worldwide.

Why is CMA the Essential Credential?

CMA is the credential that focuses specifically on financial planning, analysis, control, and decision support, as well as professional ethics—the critical skills for today's complex and changing business environment.

Leading employers seek to hire and promote CMAs.  Companies such as 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, ConAgra, Hewlett-Packard, Johnson & Johnson, Microsoft, Procter & Gamble, and Verizon have CMAs in key management roles.

CMAs have demonstrated both technical competencies and an understanding of the linkage between strategy and financial performance and are grounded in a firm commitment to upholding strict professional ethical standards.

The CMA is the certification that can deliver a tangible return on your investment.  Professionals with a CMA can earn over $34,000 more in average total compensation annually than noncertified peers.  (IMA Annual Salary Survey, 2013)

The CMA program responds to the needs of busy professionals with a choice of flexible learning formats including the live instruction program offered here at Westfield State University.  Upon completing a course, CMA candidates may sit for the exam at Prometric Testing Center locations worldwide.

To become certified, a candidate must pass both parts of the CMA exam, be a member of IMA® hold a bachelor's degree, and have two years of professional work experience in management accounting and/or financial management.

Who Should Take This Course?

• Candidates preparing for IMA's CMA® examination. 
• Practitioners identifying, measuring, analyzing, and interpreting financial information. 
• Finance and accounting professionals looking to enhance their career opportunities. 
• Accounting staff members preparing financial reports for non-management groups such as    shareholders, creditors, regulatory agencies, and tax authorities. 
• Accredited, licensed, or certified professionals seeking continuing education credits. 
• CPAs interested in moving into an internal corporate accounting role. 
• Students with an interest in financial planning, analysis, and control.

Course Schedule:

Westfield State University CMA® courses are scheduled to align with the testing windows during which a candidate can sit for an exam at Prometric Testing Centers.  CMA exam parts can be taken at Prometric Testing Centers during the following months:

January and February, May and June, and September and October.

Part 1: Financial Planning, Performance and Control (30 hours of classroom instruction)
Dates: TBA
Day: TBA
Time: TBA
Instructor:  Chris Nadeau, CMA, CPA

Registration form - Registration deadline: Wednesday, September 3, 2014.
Recommended testing window for this course:  Jan/Feb

Part 2: Financial Decision Making (36 hours of classroom instruction)
Dates: TBA
Day: TBA
Time: TBA
Instructor:  Chris Nadeau, CMA, CPA

Recommended testing window for this course: Jan/Feb

Register early to ensure a seat in these courses!

Course Fees:

CMA Learning System Courses                                               Course Fee
Part 1:  Financial Planning, Performance and Control          $1100.00
Part 2:  Financial Decision Making                                            $1250.00

Course fees include in-class instruction (30 hours for Part 1 course and 36 hours for Part 2 course), study materials (textbook, participant guide and online practice test access). Course materials will be distributed on the first day of class. Please register early to ensure that materials are ordered for you.

Please note: Course fees are separate from IMA examination fees.

Exam Structure:

PART I – Financial Planning, Performance and Controls
(4 hours – 100 multiple choice questions and two 30-minute essay questions)

• Planning, budgeting and forecasting
• Performance management
• Cost management
• Internal controls
• Professional ethics

PART II – Financial Decision Making
(4 hours – 100 multiple choice questions and two 30-minute essay questions)

• Financial statement analysis
• Corporate finance
• Decision analysis and risk management
• Investment decisions
• Professional ethics

Please note that candidates for the CMA exam may sit for Parts 1 and 2 in any order.

Invest in comprehensive CMA exam preparation. Westfield State University offers an instructor-led CMA exam preparation course. The centerpiece of our offering is IMA’s CMA Learning System (CMALS), a comprehensive program that includes textbooks and online practice tests.

This approach combines printed materials and online components with the expertise of an instructor and the discipline of a classroom setting. These instructor-led review courses will be delivered in two convenient courses, mirroring the two parts of the CMA exam.

While the primary focus of this course is to prepare individuals for the CMA exam, the course is also an excellent professional development tool for helping individuals advance their career in accounting, finance, or business management.

• Qualified instructors reinforce key points and keep you on track for success.
•  A peer network is developed while you learn in a group environment.


The CMA has given me a tremendous amount of value. Not just on the financial end of things, but because I’ve gained broad-based accounting knowledge. I’ve been able to advance my career because that knowledge translates into benefits for the companies I work for.

Tammy Drescher, CMA Senior Cost Accountant, Diamond Foods, Inc.

I use my CMA body of knowledge every day. It comes naturally in the role of CFO, because I need it to look at things from many different angles, not just from the financial perspective. Management accounting skills are very much in demand as foreign and local companies reach out from the local marketplace and into more global arenas. The CMA body of knowledge is very valuable in this regard.

John K. Lau, CMA Chief Financial Officer, WesTrac China