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In alliance with changes announced by the Institute of Certified Management Accountants (IMCA), Boston University announces its new two-part Certified Management Accountant (CMA) online exam preparation program. Like the CMA exam itself, the Boston University CMA program is changing from a four-part program to a two-part program, focusing more on financial planning, analysis, control and decision support. The new CMA exam will be offered beginning May 1, 2010, while the current four-part examination will be offered until December 31, 2010. Boston University will offer both the new two-part and current four-part programs through the end of 2010, after which only the two-part program will be offered going forward.
For more information on these changes, please visit the IMA website.
The New 2-Part Online CMA Exam Preparation Program consists of two instructor facilitated exam prep courses, which correspond to Parts 1 and 2 of the new ICMA exams. If you have not passed any parts of the Current 4-part Exam, it is recommended that you enroll in the New 2-part Exam program. Students may take OL-CMA101 or OL-CMA102 in any order. The content areas covered by each CMA exam are as follows:
The content areas covered by each CMA exam are as follows:
OL-CMA101 - Online CMA Part 1: Financial Planning, Performance and Control
What is included in Part 1?
Planning, Budgeting, and Forecasting - 30% (Level C)
Performance Management - 25% (Level C)
Cost Management - 25% (Level C)
Internal Controls - 15% (Level C)
Professional Ethics - 5% (Level C)
Who should enroll?
Candidates preparing for Part 1 of the Certified Management Accountant (CMA) Exam. In addition, this course would be beneficial for anyone looking to advance their management career.
OL-CMA102 - Online CMA Part 2: Financial Decision Making
What is included in Part 2?
Financial Statement Analysis - 25% (Level C)
Corporate Finance - 25% (Level C)
Decision Analysis and Risk Management - 25% (Level C)
Investment Decisions - 20% (Level C)
Professional Ethics - 5% (Level C)
Who should enroll?
Candidates preparing for Part 2 of the Certified Management Accountant (CMA) Exam. In addition, this course would be beneficial for anyone looking to advance their management career.
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