Certificates of Proficiency

Members can advance and develop their careers by the undertaking the following ICMA accredited ‘Certificates of Proficiency’ as part of the Continuing Development Program of the Institute.

The seminars are conducted by:

Please contact the ICMA Secretariat or the above organizations to obtain the current dates and venues of the following programs:



1 Pricing & Revenue Management AFMA 1
2 Crisis Management AFMA 1
3 Cross-Cultural Negotiations AFMA 1
4 Family Business ICMA 2
5 Foreign Exchange Management AFMA 2
6 Forensic Accounting and Auditing AFMA 3
7 Human Resource Management AFMA 3
8 International Business AFMA 1
9 International Business Analysis AFMA 2
10 International Financial Reporting Standards SMART(UAE) 4
11 Islamic Banking and Finance AFMA 4
12 Logistics & Transport SAC 10
13 Project Management AFMA 1
14 Risk Management AFMA 1
15 Supply Chain Management AFMA 2
16 Sustainable Procurement AFMA 2
17 Takaful (Islamic) Insurance AFMA 1
18 Project Finance AFMA 1
19 Transport and Shipping SAC 2
20 Wealth Management AFMA 2
21 Performance Budgeting STI (Iran) 5
22 VAT Law & Practice (UAE) SMART(UAE) 4
23 Accounting Practice (Vietnam) AFA (Vietnam) 7
24 Internal Audit AFA (Vietnam) 8
24 Economics and Finance Foundations AFA (Vietnam) 2
26 Performance & Valuation AFMA 2
27 Strategic Cost Management SMU Academy 3
28 Marketing & Pricing Analysis SMU Academy 2
29 Driving Strategic Value SMU Academy 2

MBA and DBA Programs

ICMA members can undertake further academic studies after completing their Certified Management Accountant (CMA) credentials by undertaking the MBA, CMA program at Calwest University. Calwest aims at providing affordable high-quality education to its candidates, so as they can work towards attaining a recognised degree at a substantially lower cost that that usually associated with such degree programs.

ICMA has developed a special relationship with Calwest so that CMA members can get recognition for their prior learning by paying a $200 per course ‘Credit Verification Fee’ for 8 courses as a block based on the course content studied to become a CMA.

As such CMAs would need to undertake only 4 Courses at Calwest: (1) Business Ethics (2) Global Issues, (3) Critical Thinking and (4) Philosophy to obtain an MBA. These courses can be done online for $800 per course. The full fees that a CMA member will be up for to get a Calwest MBA are as follows:

Description Type Unit Total
MBA Program Registration Once-off $200 $   200
Credit Verification Fee (12 courses) per course $200 $1,600
Calwest Tubeclasses (4 courses) per course $800 $3,200
Program Completion & Degree Granting Fee Once-off $350 $350
Total MBA Program Fee $5,350

After completing their MBA, ICMA members may continue with Doctoral studies via the MBA, DBA research program.

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