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American certification of Certified Management Accountant

Certified Management Accountant (CMA)

The English version of the CMA review course is open to non-Dutch speakers with a bachelor’s or master’s degree in Business, and who work in Accounting, Business or Finance.

Admission

The CMA certification shows proof of a candidate’s knowledge and competencies in the Management Accounting field. Requirements to enroll in the CMA program are:

Please check whether your college or university is included in this list. If not, let us know by sending in your application, so we can check with IMA if they accept the degree from that institution.

The English CMA program at the Vrije Universiteit Amsterdam is specifically focused on non-Dutch speaking, international professionals who work in the Netherlands as a management accountant, financial professional or hold a related function. When in doubt about your qualifications, do not hesitate to contact the programme director for more information.

Candidates are expected to have a thorough knowledge of Financial Accounting, Management Accounting and Financial Management. On average, candidates with an accounting degree or a business administration degree finish their studies within one year. Candidates who do not pass the exams of CMA Part 1 or CMA Part 2 within the planned time frame, can follow the classes again at no cost in the next year.

Practical information

  • Registration Exam

    To take the exam you must be a member of the IMA. You can register online via the website of the IMA Membership (Professional Membership). To participate, a candidate must register with the ICMA for an exam component at the Prometric test center. After passing the two components, you can apply for the CMA diploma. You must also send a certified copy of your diploma (in English). The secretariat of the CMA training can certify your copy diploma.

  • Tuition fees

    • CMA Part 2, Strategic Financial Management: €1,600* (no VAT and including the Gleim CMA Review system)
    • CMA Part 1, Financial Planning, Performance and Analytics : €1,600* (no VAT and including the Gleim CMA Review system)

    *Prices are subject to change

    Costs literature
    We use the Gleim CMA review system during this course. These costs are €250 for each part and are included in the tuition fee. The review books will be given to the candidates during the first class in September or January. The CMA Mega Online Test Bank contains thousands of multiple-choice and essay questions as well as detailed explanations for both correct and incorrect answers.

    Furthermore, one additional textbook is required. This book  can be bought at the VU Bookstore. The price is approximately €75; CMA students get a discount of 15%.

    Costs IMA
    Apart from the costs for the CMA Review Course at the VU, candidates should take the IMA fees into account.

    • IMA Membership (including one-time registration fee of $15): $275*
    • ICMA Entrance Fee: $280*
    • Exam fee CMA Part 1: $460*
    • Exam fee CMA Part 2: $460*

    *Prices are subject to change

    IMA payments require a credit card.

  • Start date

    January (CMA Part 1) and September (CMA Part 2). 

    Candidates can start with either Part 1 or Part 2.

  • Study advice

    In general, business economists (MSc Accounting or Finance or Bachelor Business Economics) and business administration (Bachelor or MSc Business Administration) can complete the CMA training in one year. They can start training at the beginning of September and mid-January.

    For graduates in other fields of study and HBO graduates, it is wise to follow basic courses. Following the basic courses depends on the previous education. The following study schedule (beginning September) is recommended:

    1st Semester (September-December)
      Basic course Strategic Financial Management;
      CMA Part 2: Strategic Financial Management.

    2nd Semester (January-May)
      Basic course Management Accounting;
      CMA Part 1: Financial Planning, Performance and Analytics.


    For an individual consultation/advice you can make an appointment with mr. Elbert de With, the program leader of the CMA training.

  • Time Investment

    Lectures will be held on Monday evenings from 18:45-21:15. Each part takes up 15 weeks with 2,5 hours of lecture each week. Depending on previous education and work experience, self study will take up between 5 to 7,5 hours a week. In addition to regular weekly studies, most candidates need up to 50 hours of study to prepare for each exam.

  • Application

    Sign up!

    Candidates must submit the application form for the second semester (CMA Part 1) before January 15. For the first semester (CMA Part 2), candidates must apply before September 1st. Candidates can start either in September or in January.

    Application forms must be sent to cma.sbe@vu.nl.

Would you like more information?

Please contact us

Vrije Universiteit Amsterdam
School of Business and Economics Executive Education
De Boelelaan 1105
1081 HV AMSTERDAM