Most MBAs have to undertake “financial and management accounting” and “corporate finance” subjects as part of their core subjects in the MBA. As such, most MBA graduates will be eligible to undertake the two CMA program subjects in order to obtain their CMA qualification. These subjects are:

  • Strategic Cost Management
  • Strategic Business Analysis

Those with very specialised MBA degrees that may not cover the “financial and management accounting” and “corporate finance” subjects (and whose first degree is in a field other than accounting) will need to do two prerequisite (conversion) subjects, before they do the two CMA subjects. These subjects are:

  • Financial Modelling (financial and management accounting with Excel modelling), and
  • Financial Management

Some MBA graduates may have done one or both of these as electives. Evidence of completion of the following four subjects (via your MBA or via an ICMA Educational provider) will give you Certified Management Accountant (CMA) status, provided you have five years relevant experience.

  • Financial Modelling (financial and management accounting with Excel modelling), and
  • Financial Management
  • Strategic Cost Management
  • Strategic Business Analysis

Information about undertaking the above four courses online can be obtained from the Wharton Institute of Technology and Science (The Global Business School).