University Graduates in Accounting and/or Finance

University Graduates in Accounting: Those graduating with an undergraduate or postgraduate degree in Accounting from an accredited or government recognised university can sit for the 2-subject (Strategic Cost Management & Strategic Business Analysis) CMA Program. In addition to the educational qualifications, please note the experience requirements for AMA and CMA membership.The CMA program can be undertaken at an Accredited University; or Recognised Provider Institution or Online to obtain the Certified Management Accountant (CMA) professional qualification.

Amount Units/ Subjects TOTAL
Application Fee $99 1 $99
Joining Fee $198 1 $198
CMA Exam Fees $55 2 $110
CMA Preparation Course – by Recognised Provider Pricing Differs by Provider
CMA Preparation Course – by Online 2-Subjects $900 2 $1,800**
Annual Membership Fees See website for current fees

University Graduates in Finance: Those graduating with an undergraduate or postgraduate degree in Finance from an accredited or government recognised University can sit for the 2-subject (Strategic Cost Management & Strategic Business Analysis) CMA Program, provided they have done the subjects Financial Accounting and Management Accounting (or equivalent) as part of their degree program. Those not having the Financial Accounting and Management Accounting subjects, can undertake these at any university, or other recognised professional accounting body, or by undertaking these within ICMA’s own GMA Conversion Program which can be done at Recognised Provider Institution or Online. In addition to the educational qualifications, please note the experience requirements for AMA and CMA membership.

The CMA program can be undertaken at an Accredited University; or Recognised Provider Institution or Online to obtain the Certified Management Accountant (CMA) professional qualification.

Amount Units/ Subjects TOTAL
Application Fee $55 1 $55
Joining Fee $99 1 $99
GMA Conversion Exam Fees* $55 2 $110
CMA Exam Fees $55 2 $110
GMA Preparation Course – by Recognised Provider Pricing Differs by Provider
GMA Preparation Course – by Online per subject $900 2 $1,800**
CMA Preparation Course – by Recognised Provider Pricing Differs by Provider
CMA Preparation Course – by Online or Zoom – 2-Subjects $900 2 $1,800**
Annual Membership Fees See website for current fees
*If Required to undertake

** Australian Residents add 10% GST

University Graduates with Non-Accounting Degrees

Those graduating with a Non-Accounting Degree (e.g. Arts, Science, Engineering, etc.) from an accredited or government recognised University must first complete the 4-subject (Financial Modelling; Management Accounting; Financial Management; and Financial Statement Analysis) Graduate Conversion Program, before they can sit for the 2-subject (Strategic Cost Management & Strategic Business Analysis) CMA Program. These subjects can undertake these at any university, or other recognised professional accounting body, or by undertaking these within ICMA’s own GMA Conversion Program which can be done at a Recognised Provider Institution or Online. In addition to the educational qualifications, please note the experience requirements for AMA and CMA membership.On completion of the Graduate Conversion Program, the CMA program can be undertaken at an Accredited University; or Recognised Provider Institution or Online to obtain the Certified Management Accountant (CMA) professional qualification.

Amount Units/ Subjects TOTAL
Application Fee $99 1 $99
Joining Fee $198 1 $198
GMA Conversion Exam Fees* $55 4 $220
CMA Exam Fees $55 2 $110
GMA Preparation Course – by Recognised Provider* Pricing Differs by Provider
GMA Preparation Course – by Online per subject* $900 4 $3,600**
CMA Preparation Course – by Recognised Provider Pricing Differs by Provider
CMA Preparation Course – by Online 2-Subjects $900 2 $1,800**
Annual Membership Fees See website for current fees

** Australian Residents add 10% GST