How to Study for the CMA Exam?

To ensure you pass the CMA exam parts 1 and 2, you need to study properly. As I mentioned above, one reason for the low CMA pass rates is that people simply did not prepare for the exam properly. They may have been told it was the easier exam, or they may have just dropped into it on a whim, without much preparation put into it. Furthermore, they could have taken the CMA exam when they were not an accounting major and without doing the proper research to ensure they passed.

You don’t have to be a statistic. When planning your study for the CMA, here are some tips:

·        Decide which part you are going to take first. There are two parts to the CMA exam and you don’t have to take them in order. Some people choose to take Part 2 first, since it tends to be easier. Once you know which part you are taking first, you can begin to study that part.

·        Choose which exam window you are going to test in. There are only three times of the year that testing windows are open: Jan/Feb, May/June, and Sept/Oct. You will need to schedule your exam for one of these windows. When you decide in advance which testing window you are going to register for, you will know how much time you have to study and prepare.

·        Create a solid study plan. I talked above about using study guides and review courses, but even the best guides are only as good as you allow them to be. It’s essential you make a study plan and then stick with it consistently. This is how you get efficient study in before your big day, so you can feel confident you will pass the exam.

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