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The Certified Management Accountant (CMA) Learning System provides students with pertinent, cutting-edge knowledge that is directly applicable to establishing and maintaining a distinguished and successful career.

IMA: The Association of Accountants and Financial Professionals in Business

While the course's primary focus is to prepare individuals for the CMA exam, it is also a valuable academic and professional development program that will help professionals and students advance their skills in accounting, finance, and business management.

The CMA designation, which is granted by the Institute of Management Accountants (CMA), is an objective measure of knowledge and competence in the field of management accounting. It is an invaluable credential for professional advancement and for broadening professional skills and perspective. According to recent industry research, a certified professional earns approximately 25 percent more than a non-certified professional.

The CMA exam includes topics such as economics, business finance, situational analysis, and decision making, with a strong emphasis on ethics. Combined with relevant rule-based subject matter, the exam is designed to develop and measure critical thinking and decision-making skills. To find out about eligibility requirements and registration, visit the IMA Web site. Also the CMA exam has been changed related to financial reporting and strategic planning; skills that are increasingly important for management accountants as their roles evolve. These updates take effect in January 2015 exam and the fall Wiley CMAexcel Learning system will reflect those updates.  For more information about the CMA exam go here.

The IMA's CMAExcel Learning system offers customized learning experience in management accounting in two courses, mirroring the two exam parts. The certification review classes may be taken in any sequence.

Part 1 (XMGT-032): Financial Reporting, Performance and Control (30 hours) recently updated:

  • External Financial Reporting
  • Planning, Budgeting and Forecasting
  • Performance Management
  • Cost Management
  • Internal Controls

Part 2 (XMGT-033): Financial Decision Making (36 hours) recently updated:

  • Financial Statement Analysis
  • Corporate Finance
  • Decision Analysis
  • Risk Management
  • Professional Ethics
  • Risk Management

Each course offers a unique online self-assessment readiness tool and combines printed study materials with online, interactive testing and part-specific classroom sessions to deliver a comprehensive and customized learning experience in management accounting.

Through these courses, the student will learn the fundamental concepts and practices of management accounting and develop the analytical and test-taking skills for the CMA exams. Select this for information on the exams and eligibility requirements.

Amazing career potential!

"On average, CMAs earn more nearly $34,000 higher annual compensation than a noncertified accounting professional." (IMA Annual Salary Survey, Strategic Finance, 2013). The CMA is the certification that can deliver a tangible return on your investment.

Fall 2014 Schedule of Courses

CMA Part 1 (XMGT-032) Course
Location: Manhattan
Dates: Saturdays, Oct 11 - Dec. 6(no class 11/29) 
Time: 9am to 12:45pm
Fee: $1295.  CMA member and alumni, fee is $1195
Fee covers instruction and study material.

For information on this program email, Professional Development Programs at or call 516.686.7722. View our brochure and REGISTER. To register online, please make sure if you are a IMA member or NYIT alumni that you select the section that has an "s" in it for the discounted price. You may register online or email with your registration form or fax your registration form to 516.686.7716.

Instructor Information: David Rivera, CMA, MBA, has over 20 years of experience in various finance and operations leadership roles in the private, government, and non-profit sectors. David received his MBA from the Zicklin School of Business at Baruch College, and his BBA in Accounting from the University of Puerto Rico. He is a Certified Management Accountant (CMA) and member of the Institute of Management Accountants.