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Topic: CMA-Is it worth pursuing ? (

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late bloomer
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Joined: 17 Sep 2008
Location: United States
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Posts: 232

Posted: 07 Dec 2009 at 23:24 \| IP Logged

Hey Guys. Is it worth pursuing CMA designation? Any thoughts.

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Tifferbugz
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Joined: 18 Feb 2009
Location: United States
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Posted: 08 Dec 2009 at 12:39 \| IP Logged

It has been worth it for me, my job is a hybrid accounting/financial planning role in a manufacturing company. I think it's worth it for anyone working in industry, especially if you have any planning or variance analysis responsibility.

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CMA - Completed 10/2008
AUD - 2/25/09 - 89
BEC - 4/13/09 - 84
FAR - 10/26/09 - 80
REG - 4/24/10 - 80
Ethics - Done!

Kfan
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Joined: 02 Oct 2009
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Posted: 08 Dec 2009 at 13:52 \| IP Logged

how would you compare the difficulty of CMA to CPA?

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BEC-10/3/09 77
REG-10/9/09 84
AUD-11/19/09 78
FAR-11/24/09 88
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caper
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Joined: 05 Mar 2006
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Posted: 08 Dec 2009 at 20:46 \| IP Logged

There are only about 300 new CMAs each year in the U.S.
http://www.imanet.org/certification_news_new_CMAs.asp

Tifferbugz
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Posted: 09 Dec 2009 at 12:12 \| IP Logged

caper wrote:

There are only about 300 new CMAs each year in the U.S.
http://www.imanet.org/certification_news_new_CMAs.asp

This is probably why I'm pestered by recruiters about cost accounting and manufacturing industry jobs a lot haha.

Kfan, I would put it as harder than BEC and AUD, but easier than FAR. I'm just now starting on REG so I'm not sure on that part yet. If you have already passed the CPA exams I wouldn't think you'd have any problem with it (especially since a lot of the subject-matter is covered in BEC). With it down to 8 hours now it's probably even easier.

__________________
CMA - Completed 10/2008
AUD - 2/25/09 - 89
BEC - 4/13/09 - 84
FAR - 10/26/09 - 80
REG - 4/24/10 - 80
Ethics - Done!

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