The all-new program that qualifies you for the globally recognized CMA designation

CMA PROGRAM – A C-Suite Postgraduate Level Program

The CMA intensive programme from ICMA (Australia & NZ) is world-recognised as the benchmark for those in (or aspiring to) leading roles in strategic finance. In countries where the program is not running in face-to-face mode, it has been completely redesigned for Zoom delivery without compromising on its quality or its post-graduate level content.

The CMA Program consists of two post-graduate level courses, namely: Strategic Cost Management and Strategic Business Analysis.


2024 Dates:

  • September 7-9 – SCM
  • September 14-15 – SBA Part 1
  • September 21-22 – SBA Part 2

Venue: Online (Via Zoom) AEST Melb Time (see Date & time details below)

Course Fee A$3,950*

Early Bird A$2600* (Early Bird Registration by 31 July 2024)

* plus 10% GST for Australian Residents




Sep 7 (Day 1): 1pm to 9pm Melb Time (SCM)

  • Management Control Systems
  • Lean Manufacturing and Quality Control
  • Cost Accounting and Cost Management in a Lean Environment
  • Life Cycle Costing Systems

Sep 8 (Day 2): 1pm to 9pm Melb Time (SCM)

  • Benchmarking
  • Activity Based Cost Allocation Systems
  • Customer Profitability Analysis
  • Process Control and Activity Based Management

Sep 9 (Day 3): 1pm to 9pm Melb Time (SCM)

  • Implementing Cost Analysis and Control Systems
  • Strategic Performance Management Systems
  • Environmental and Social Management Accounting
  • Strategic Governance and the Strategic Audit


Sep 14 (Day 4): 1pm to 9pm Melb Time (SBA)

  • Strategic Thinking
  • Strategic Marketing Analysis and Budgeting
  • Financial Analysis in Product Portfolio Management

Sep 15 (Day 5): 1pm to 9pm Melb Time (SBA)

  • Pricing Methods and Strategies
  • Financial Dimensions of Pricing in International Business Strategies
  • Promotion: Push Strategy and Human Resource Management

Sep 21 (Day 6): 1pm to 9pm Melb Time (SBA)

  • Promotion: Pull Strategy and Integrated Marketing Communication
  • Supply Chain Management and the Place – Distribution Decision
  • Performance Valuation and Strategic Financial Structures

Sep 22 (Day 7): 1pm to 9pm Melb Time (SBA)

  • Free Cash Flows and Strategic Value Analysis
  • Risk Management – Corporate Radar and Early Warning Systems
  • Strategic Scorecards

Why become a CMA?

  • A gateway to a more successful business career with higher earning potential, commanding a salary 28% greater than non-certified peers in Australia and New Zealand; and 56% more globally.
  • A variety of positions with titles from financial analyst and controller to vice president- finance, chief financial officer (CFO) and chief risk officer (CRO).
  • Greater credibility worldwide as a strategic advisor and business partner.
  • A passport to a variety of businesses from multinational corporations to small and mid-size firms operating in countries all over the world.

Entry Criteria

  • Degree or equivalent professional qualification in accounting or finance or an MBA.

Assessments based on years of experience

  • Those participants with having between 10-20 years’ relevant business experience need to submit one assignment, and those with less than 10-years’ relevant business experience need to submit two assignments. Assignments can be submitted only after 1-month of completing the Zoom program and within 3 months of completion.
  • Those participants with over 20 years’ relevant business experience need to attend the CMA Program only (in class assessments only).
  • NOTE: All participants will be issued Attendance Certificates. Transcripts with Grades will be issued only to those submitting assignments.


“I had the pleasure of completing my CMA studies via the zoom classes with Prof Janek Ratnatunga and Dr Chris D’Souza. The 8-hour classes (over 7 days) flew by with great practical examples, good humour and testing analytical scenarios. The skills gained have been invaluable in my career, allowing me to add real value. Post qualification completion I changed jobs and gained a substantial salary increase. There aren’t enough words to express my heartfelt thanks to CMA, Prof Janek and Dr Chris”

Pete Kearney CMA

Senior Business Partner at Department of Corrections, NZ

“I recently had the pleasure of attending the CMA workshops virtually organised by Singapore Management University in partnership with the ICMA. The 7-day workshop was insightful, relevant and added much needed skills to my financial toolkit. It aided me in getting closer to my ambition of being a CFO by equipping me with practical knowledge. The CMA also enabled me to take on a new role as Head of Finance for Consumer, Private and Business Banking Operations in Standard Chartered Bank. This course is a must for all aspiring CFOs.”

Kaushik Kadayam CMA

Head of Finance, Consumer Private and Business Banking Operations Finance Lead, Digital Venture, Standard Chartered Bank.

“In the Financial & Accounting field, everybody wants to be recognized professionally, but only a few know that CMA is the real professional certificate that will equip you with the desired knowledge. Professionally, I have found studying the CMA Australia is a valuable source of skills and knowledge.”

Dr. Abdulla M. Al Awadhi PhD CMA

CFO, Emirates Defence Industries Company, UAE

“I have had the opportunity of attending the April 2015 intake of ICMA – Australia. I can proudly say that it was indeed a privilege to associate myself with the so learned and experienced Professor Janek as he took us not only through the contents of the course but also shared his knowledge on handling situations outside the book. What I liked best about the ICMA Workshop was the incredible variety of strategies that are modelled, the association that developed with all members, and the incredible learning process. It was an amazing learning experience.”

Sarwat Abbas Zaheer CMA

Marketing Analyst & Project Integrator, General Motors Middle East

“This qualification has helped me immensely in my career by making me understand the importance of Management accounting & finance in the business context. It has given me the confidence to handle day to day operations & to make sound investment decisions.”

Natasha Fernando CMA

Director, Econopack Industries (Pvt) Ltd., Sri Lanka

“The content, the delivery, and the relevancy of the topics were commendable. While the pace was fast and intense, it was also interesting to hear about real life business cases from you all. Your knowledge, skills, and experiences were inspirational. The reading materials were very useful as I could refer to them and apply the concepts in my work. The programme has definitely boosted my confidence level and I would highly recommend it those who wish to upskill their knowledge in management accounting. Thanks Prof Chris, Prof Janek, and Prof Bendan for the wonderful CMA program! Thank you for your guidance!”

Victor Yu

CEO, Singapore Amalgamated Services Co-Operative Organisation Ltd

“Joining CMA program conducted by Prof Janek and Dr. Chris gave me a Broadview of how the finance function brings value to company as a strategic partner in surviving in this digital era. With the outstanding knowledge of management accounting, The CMA program provides an in-depth view for finance colleagues to acquire more value-added skills in estimating, forecasting, and strategic thinking, which CMA certification provides, especially for the Indonesian market that is currently facing disruption innovation across all industries.”

Dr. Leonardus Wasono CMA

CFO, Telecomsel, Indonesia

“Completing the CMA has made me to connect literally, ‘what’s going on out there to what’s going on, in here’ i.e. connecting the market outside, with back end monthly and yearly financial statements inside.”

H. M. Fairoz

Managing Director & CEO, Singer Bangladesh Limited