{"id":17913,"date":"2021-08-29T12:29:58","date_gmt":"2021-08-29T10:29:58","guid":{"rendered":"https:\/\/surgentmena.com\/cma-exam-review\/cma-exam-preparation-study-guide\/"},"modified":"2022-10-09T11:59:51","modified_gmt":"2022-10-09T09:59:51","slug":"cma-exam-preparation-study-guide","status":"publish","type":"page","link":"https:\/\/surgentmena.com\/test5\/cma-exam-review\/cma-exam-preparation-study-guide\/","title":{"rendered":"CMA Exam Study Guide"},"content":{"rendered":"\t\t
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CMA Exam Study Guide
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Everybody that\u2019s clicked onto this page likely knows that the Certified Management Accountant (CMA) is a professional credential in the management accounting and financial management fields, and that the certification signifies that you\u2019re knowledgeable in the areas of financial planning, analysis, control, decision support, and professional ethics.<\/p>

So, in this CMA exam preparation study guide, you\u2019ll find answers to all your top questions to ensure your test prep is as efficient and targeted as possible, and even provide some study materials! Spot something we didn\u2019t cover? Send us your question to training@surgentmena.com, and we\u2019ll do our best to answer it for you!<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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What\u2019s Inside the CMA Exam?<\/strong><\/span><\/span><\/h2>

Here at Surgent, we recommend that test takers dedicate some extra time to prepare themselves for the exam by really understanding the basics of what the CMA Exam really looks like. This way you know what to expect and have a higher chance of passing on your first try!
So, with that that \u2013 this chart breaks down what kind of content you can expect in each exam.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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 <\/p>\r\n\r\n\r\n\t\r\n\t\t\r\n\t\t\t\r\n\t\t\t
Part 1: Financial Planning, Performance, and Analytics<\/span><\/span><\/strong><\/td>\r\n\t\t\t\r\n\t\t\t

Part 2: Strategic Financial Management<\/span><\/strong><\/h4>\r\n\t\t\t<\/td>\r\n\t\t<\/tr>\r\n\t\t

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\r\n\r\nThe duration of the test is 4 hours<\/span><\/pre>\r\n\r\n\t\t\t
\r\n3 hours to answer 100 multiple-choice questions\r\n<\/span><\/pre>\r\n\r\n\t\t\t
and one hour to answer two essay questions and two essay questions (30 minutes each)<\/span><\/span><\/span><\/span><\/span><\/p>\r\n\r\n\t\t\t
Outline<\/span><\/span><\/span><\/span><\/span><\/p>\r\n\r\n\t\t\t
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  1. External Financial Reporting Decisions (15%)<\/span><\/li>\r\n\t\t\t\t
  2. Planning, Budgeting and Forecasting (20%)<\/span><\/li>\r\n\t\t\t\t
  3. Performance Management (20%)<\/span><\/li>\r\n\t\t\t\t
  4. Cost Management (15%)<\/span><\/li>\r\n\t\t\t\t
  5. Internal Controls (15%)<\/span><\/li>\r\n\t\t\t\t
  6. Technology and Analytics (15%)<\/span><\/li>\r\n\t\t\t<\/ol>\r\n\t\t\t<\/td>\r\n\t\t\t
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\r\n\r\nThe duration of the test is 4 hours<\/span><\/pre>\r\n\r\n\t\t\t
\r\n3 hours to answer 100 multiple-choice questions\r\n<\/span><\/pre>\r\n\r\n\t\t\t
and one hour to answer two essay questions and two essay questions (30 minutes each)<\/span><\/span><\/span><\/span><\/span><\/p>\r\n\r\n\t\t\t
Outline<\/span><\/span><\/span><\/span><\/span><\/p>\r\n\r\n\t\t\t
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  1. Financial Statement Analysis (20%)<\/span><\/li>\r\n\t\t\t\t
  2. Corporate Finance (20%)<\/span><\/li>\r\n\t\t\t\t
  3. Decision Analysis (25%)<\/span><\/li>\r\n\t\t\t\t
  4. Risk Management (10%)<\/span><\/li>\r\n\t\t\t\t
  5. Investment Decisions (10%)<\/span><\/li>\r\n\t\t\t\t
  6. Professional Ethics (15%)<\/span><\/li>\r\n\t\t\t<\/ol>\r\n\r\n\t\t\t
     <\/p>\r\n\t\t\t<\/td>\r\n\t\t<\/tr>\r\n\t<\/tbody>\r\n<\/table>\r\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    Top Tips on How to Pass the CMA<\/span> Exam<\/strong><\/span><\/span><\/h4>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    \n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tMake the Most of CMA Exam Practice Tests<\/a>\n\t\t\t\t\t<\/h2>\n\t\t\t\t\t
    Really, as well as understanding the makeup of the exam, it\u2019s pretty important to be comfortable with the formatting of it too. That\u2019s where practice exams come in.<\/p>
    They allow you to gain critical exposure to the tools and features you can expect to see on exam day, and ultimately will help to alleviate anxiousness and eliminate questions about the exam interface. Practice tests should be timed to match the actual CMA Exam, as well as feature accurate practice test questions. This should absolutely be a feature in your CMA Review Course.<\/p>
    While the questions won\u2019t be the exact questions you\u2019ll sit there, you\u2019ll have the opportunity to familiarize yourself with real prior exam questions in exam-like conditions to ensure that you\u2019re prepared come exam day.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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    Studying for the CMA Exam can be time consuming, and with a pass rate that hovers only around 43%, it\u2019s clear that the exam is difficult.<\/p>
    But it doesn\u2019t need to be. Your choice of course review provider matters \u2013 and based on your personal learning style, the one you choose could be the difference between passing and failing. That\u2019s why Surgent CMA Review is not like the typical review course. In fact, Surgent prides itself on being the only adaptive CMA course in the market (get discounts here<\/a><\/strong>). We identify your weak areas and curate a personalized study plan based on what you don\u2019t know\u2013and then follow along your progress to make sure you\u2019re always studying the most effective material for you.<\/p>
    That\u2019s how Surgent students are passing a CMA Exam section in just 61 hours.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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    Often CMA candidates can think they need to start from scratch when they get their hands on their exam study guide \u2013 but that\u2019s just not the case. In fact, we recommend that test takers sit for the exam as close to graduation from an accredited university as possible \u2013 so you can put those test taking habits and skills to use. Plus, think of all of those accounting classes you took \u2013 often they can align pretty well to the CMA Exam itself.<\/p>
    For example, Cost Accounting often covers a lot of the material that was tested on the first exam, especially cost management and planning, budgeting, and forecasting. While Financial Management can be helpful for the second exam by covering financial statement analysis, corporate finance, and investment decisions.<\/p>
    But candidates that have been out of school for a while need not worry \u2013 that\u2019s where Surgent\u2019s adaptive technology and hyper personalized study plans step in.<\/p>
    \u00a0<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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    \n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t<\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\tCheck Your ReadySCORE\u2122Ahead of Exam Day<\/a>\n\t\t\t\t\t<\/h2>\n\t\t\t\t\t
    No matter how many times you get the correct answers on a practice test, it can still feel like you\u2019re not ready to sit for the CMA Exam. That\u2019s the very reason that Surgent created ReadySCORE\u2122 \u2013 a one-of-a-kind exam-readiness metric that tells you what you would score if you sat for the CMA Exam today to 99% accuracy. No more going in blind! Try Surgent CMA Exam Prep Review and practice questions for free today.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t