Who Can Apply for CMA? Complete Eligibility Criteria Explained

Introduction

The Certified Management Accountant (CMA) designation-is a globally recognized credential that validates expertise in financial management, strategic decision-making &cost management. If you’re considering a career in management accounting, understanding the CMA eligibility criteria is crucial.

In this blog…we will break down the CMA qualification requirements, the CMA course eligibility, the CMA age limit & other key aspects to help you determine if you meet the CMA exam prerequisites.

CMA Eligibility Criteria: Who Can Apply?

To earn the CMA certification… candidates must fulfill specific educational and professional requirements. The criteria are structured to ensure that professionals possess the necessary expertise to handle advanced financial roles. Here’s a detailed breakdown:

CMA RequirementDetails
Minimum EducationBachelor’s degree (any discipline)
Professional Experience2 years in management accounting or financial management (can be completed within 7 years of passing exams)
CMA Age LimitNo upper age restriction; minimum age is 18+
Exam StructureTwo-part exam (Financial Planning & Strategic Financial Management)
Membership RequirementMust be a member of Institute of Management Accountants (IMA)

CMA Educational Requirements

One of the most important… CMA exam prerequisites is meeting the CMA educational requirements. It is important that candidates must hold a bachelor’s degree from an accredited institution. However…if you are still pursuing your degree, you can sit for the exam but must complete your degree- within 7 years of passing.

Accepted Degrees

  • Accounting
  • Finance
  • Economics
  • Business Administration
  • Other related fields

If your degree is not from an accredited institution, you may be required to submit additional documentation to IMA for verification.


CMA Qualification Requirements: Work Experience Criteria

Professional Experience Requirements

To earn the CMA certification, candidates must complete two years of relevant work experience in either:

  • Management accounting
  • Financial management

This experience can be gained before or after passing the CMA exams, but it must be completed within seven years.

Approved Work Profiles

Job TitleRole Description
Financial AnalystPrepares financial reports, budgeting, forecasting
Cost AccountantManages cost structures, financial planning
Risk ManagerIdentifies and mitigates financial risks
TreasurerManages corporate liquidity and financial planning
CFO (Chief Financial Officer)Leads financial strategy and decision-making

Learn more about the benefits of CMA certification in this blog: Is the CMA Certification Worth It?


CMA Age Limit: Is There an Age Restriction?

A common question among aspiring candidates is whether there is a CMA age limit.

Good news! The CMA program- has no upper age limit, meaning professionals at any stage of their careers can apply. However, the minimum age requirement is 18 years.

Whether you are a fresh graduate or an experienced professional looking for career advancement, CMA is open to all.


CMA Exam Prerequisites: Understanding the Exam Structure

The CMA exam prerequisites include two 4-hour exams consisting of 100 multiple-choice questions and two essay questions.

CMA Exam Breakdown

CMA Part 1Weightage
Financial Reporting & Analysis15%
Planning, Budgeting & Forecasting20%
Performance Management20%
Cost Management15%
Internal Controls15%
Technology & Analytics15%
CMA Part 2Weightage
Financial Statement Analysis20%
Corporate Finance20%
Decision Analysis25%
Risk Management10%
Investment Decisions10%
Professional Ethics15%

Exams are conducted in three testing windows per year: January-February, May-June, and September-October.

Watch this expert guide on preparing for CMA exams: CMA Exam Preparation Video


CMA Course Eligibility: Steps to Enrol

If you meet the CMA course eligibility requirements, here’s how you can enroll:

  1. Register for IMA Membership – Mandatory for all CMA candidates.
  2. Meet the Educational Requirements – Ensure you have or will complete your bachelor’s degree.
  3. Fulfill Work Experience Criteria – Gain at least two years of relevant work experience.
  4. Prepare for the CMA Exam – Enroll in a CMA coaching program.
  5. Schedule & Pass the Exams – Clear both CMA Part 1 & Part 2.
  6. Get Certified & Advance Your Career!

 Start your CMA journey today! Check out our CMA Course Page


FAQs

1. What are the CMA eligibility criteria?

Well, to be eligible for the CMA certification, you need a bachelor’s degree, two years of relevant work experience, and IMA membership. You can also take the exam while completing your degree but, must fulfill all requirements within seven years.

2. What are the CMA qualification requirements for education?

The CMA educational requirements state that candidates must have a bachelor’s degree in accounting, finance, business, orrelated field from an accredited institution. If your degree is from a non-accredited university, you may need additional verification.

3. Is there a CMA age limit?

Nope not at all . There is no CMA age limit. 

4. What are the CMA course eligibility requirements for work experience?

To meet the CMA course eligibility criteria, you need two years of professional experience in management accounting or financial management. You can complete this requirement before or well  within seven years after passing the exam.

5. What are the CMA exam prerequisites?

The CMA exam prerequisites include… passing two exams (Financial Planning & Performance + Strategic Financial Management), completing the required work experience & maintaining an active IMA membership.

6. Can I apply for CMA without an accounting background?

Yes! While an accounting degree helps, the CMA qualification requirements accept any bachelor’s degree. However, candidates from non-finance backgrounds may need extra preparation in accounting concepts.

7. How long does it take to complete the CMA certification?

On average, candidates complete the CMA course eligibility requirements in 6-8 months, but honestly speaking the timeline depends on individual preparation, exam schedules, &work experience completion.


Final Thoughts

The CMA qualification requirements are structured to ensure that candidates possess the skills needed for financial leadership roles. Whether you’re a recent graduate or a working professional, the CMA eligibility criteria allow flexibility in meeting educational and experience requirements.

 Key Takeaways:

  • The CMA course eligibility requires a bachelor’s degree and 2 years of work experience.
  • There is no upper CMA age limit, making it suitable for both young professionals and experienced individuals.
  • Candidates must pass two exams covering Financial Planning & Strategic Management.
  • The CMA qualification requirements ensure that professionals gain strategic decision-making and financial leadership skills.

Are you ready to take the next step? Join the CMA program at Imarticus and unlock global career opportunities!

 How to Prepare for CMA