For nearly 50 years, the CMA® (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals.
Certified Management Accountant (CMA®) Course – Davenport University 15-week Accounting Courses (part I and II)A Certified Management Accountant, or CMA for short, is a unique professional credential awarded by the Institute of Management Accountants (IMA). It demonstrates competency in financial planning, financial analysis, organizational decision support, and professional ethics, and can qualify accounting professionals for a variety of lucrative roles and positions that require these skill sets. Some of the most common career paths for those with a CMA designation include Cost Accountant, Corporate Controller, Risk Manager, Staff and Sr. accountant, Chief Financial Officer (CFO), Accounting Manager, and VP of Finance.
CMAs are masters of critical accounting and financial management skills. CMAs bring strategic thinking, applied work experience, and the ability to convert data into dialogue. Davenport University offers the two-part Certified Management Accountant (CMA®) Course with focused curriculum that will prepare you for the CMA certification exam offered through IMA. Whether you want to enhance the value you bring to your current position, or expand your career potential, our Certified Management Accountant (CMA) course will help you set the standard for professional excellence.
Who Should Attend?
Whether your goal is locking down that big promotion or pursuing a new career path, earning your CMA can help you advance your career in management accounting. Davenport University’s Certified Management Accountant (CMA) Course is for any professional looking to improve managerial accounting skills, including but not limited to:
- Entry-level accounting professionals like financial management associates, general accountants or analysts
- Working professionals ready to advance their career; CMA is an effective way to transition from being an individual contributor to a big-picture strategist
- Professionals interested in corporate accounting and finance; from financial advisor to cost accountant to controller or CFO, earning your CMA will help you get to the next level
Requirements Certified Management Accountant (CMA) Course:
According to the IMA, candidates are required to have a bachelor's degree from an accredited university and two years of full-time work in a management accounting role to qualify for CMA certification. However, unlike other accounting certifications, your degree does NOT have to be in finance or accounting. They are also required to be active members of the association and pass a two-part exam.
After completing both CMA part I & part II, you will be able to:
- Demonstrate your ability to effetely plan, forecast, and determine accounting budgets
- Measure performance, manage costs, and monitor internal accounting controls
- Understand financial statements and decision analysis techniques
- Apply corporate finance strategies
- Improve investment decision-making
- Demonstrate strong professional ethics
Participants must pass both the CMA Part I and CMA Part II exams to earn the designation.
CMA vs CPA: Which Accounting Designation is Right for You?
A Certified Management Accountant (CMA) focuses on identifying business growth strategies based on their comprehensive financial analyses. A Certified Public Accountant (CPA) focuses on taxation, auditing, and the day-to-day accounting activities. Some of the most common CMA tasks include analyzing and deciphering data to initiate financial improvement in businesses. CMAs identify the strategy behind business decisions based on their financial analysis.