American certification of Certified Management Accountant
The complete CMA program consists of two parts. The program is renewed for 2020 and the English CMA program at the Vrije Universiteit Amsterdam will follow the new program outlines of 2020 to prepare its’ candidates for the exams. The two parts cover 12 competencies in total:
Part 1: Financial Planning, Performance, and Analytics
- External Financial Reporting Decisions (15%);
- Planning, Budgeting, and Forecasting (20%);
- Performance Management (20%);
- Cost Management (15%);
- Internal Controls (15%);
- Technology and Analytics (15%).
Part 2: Strategic Financial Management
- Financial Statement Analysis (20%);
- Corporate Finance (20%);
- Decision Analysis (25%);
- Risk Management (10%);
- Investment Decisions (10%);
- Professional Ethics (15%).
The percentages behind the topics indicate the weight for each topic per exam. More details about the content and topics of the new CMA Program is covered in the Learning Outcome Statements and Content Specification Outlines.
Both the exams of CMA Part 1 and CMA Part 2 are four hour exams, taken in a Prometric Test Center. Each exam consists of 100 multiple-choice questions (3 hours) and essay questions (1 hour). Candidates can start with either Part 1 or Part 2. More information about taking the exam can be found in the CMA Candidate Handbook.
The pass rates of the CMA exams are usually between 60% and 70% in the Netherlands. The average pass rate worldwide is 40% and about 55% in the US.
IMA Amsterdam Chapter
The IMA Chapter Amsterdam organizes workshops and meeting for Continuing Education of its’ members. For more information about these events, please check the website of the IMA Chapter Amsterdam.
The English CMA program will be taught by:
- Brigitte de Graaff LLM MSc CMA
Lecturer and PhD Candidate on the Executive Master of Finance and Control Program (Controllersopleiding) at the Vrije Universiteit Amsterdam
- Drs. Albert Bosch RA
V&A, advisory & training specialized in Compliance & Internal Control
- Drs. Frank Muusse CMA
Lecturer Corporate Finance and Head of Corporate Finance at Signify
- Drs. Urjan Claassen
Partner at Clascon, expert in Risk Management
- Dr. Wendy Gunther MSc
Assistent Professor at the University Of Exeter
Brigitte de Graaff is also in charge of the organization of the English CMA Program. For questions regarding this program, please contact her through email@example.com.