Certified Management Accountant (CMA) exam has 2 parts: Part 1 and Part 2.

  • Number of exam parts
    • The CMA exam is still a two-part exam
  • Question types on each part
    • Multiple Choice Questions (MCQs) and Essay Scenarios
  • Number of questions per part
    • 100 MCQs
    • 2 Essay Scenarios

 

CMA exam part 1 coverage breakdown

A. External Financial Reporting Decisions 15%
B. Planning, Budgeting, and Forecasting 20%
C. Performance Management 20%
D. Cost Management 15%
E. Internal Controls 15%
F. Technology and Analytics 15%

 

CMA exam part 2 coverage breakdown

A. Financial Statement Analysis 20%
B. Corporate Finance 20%
C. Decision Analysis 25%
D. Risk Management 10%
E. Investment Decisions 10%
F. Professional Ethics 15%