Certified Management Accountant (CMA)

Practical information

• 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:

  • Two years of relevant work experience; 
  • A bachelor’s degree of an accredited college or university. 

  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.

  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. 

• Cost

  Tuition fees

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

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

  *Prices are subject to change

  Literature costs

  The Gleim CMA review books are used during this course. These books (€250 per part) are included in the tuition fee. The review books will be given to the candidates during the second class in September or January. This also includes access to Gleims Mega Online Test Bank, which contains thousands of multiple-choice and essay questions as well as detailed explanations for both correct and incorrect answers.

  One additional textbook is recommended (the latest edition of Horngren’s ‘Cost Accounting’). This book can be bought at the VU Bookstore. The price is approximately €75; CMA students get a discount of 15%.

  IMA fees and exam costs

  Separately from the tuition fee for the VU CMA review course, candidates should we aware that IMA charges certain membership and examination fees which are not included in your tuition fee. These costs are:

  • 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 from the candidates.

• Start date

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

  Candidates can start with either Part 1 or Part 2.

• Study advice

  For an individual consultation/advice, you can make an appointment with ms. Brigitte de Graaff, program director of the CMA Program.

• Time investment

  Lectures will be held on Monday (English) or Wednesday (Dutch) evenings from 18:45-21:15. Each part takes approximately 15 weeks with 2,5 hours of in-person, class training 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 and deadlines

  Sign up!

  • Application form CMA Part 1, (January - May)
  • Application form CMA Part 2, (September - December)

  Candidates must submit the application form for CMA Part 1 before January 15. For 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.