Anyone currently studying for the CMA, CIA, or CISA?
January 4, 2017 at 7:59 pm #1423370
I passed the CPA exam last year and I'm super bored. During undergrad my goal was to get my CPA and CMA Licenses. Now I'm comtemplating whether or not to pursue the CMA, CIA or CISA, since I have so much free time on my hands after passing the CPA Exam. I'm wondering if anyone is currently studying for any of these exams and is so, what prep courses are you using?January 4, 2017 at 10:59 pm #1423551
So FAR So GoodParticipant
If anyone is kind enough to answer, I'd also value your thoughts, especially if you could describe why you chose to go with the CMA over other options, such as the CGMA.January 5, 2017 at 12:41 am #1423614
I passed my CPA exams (F-81 R-80 A-99 B-80) in 6 months ending November 2015 and started studying for the CMA September 2016. I passed CMA Part I after a couple months of casual (compared to CPA) studying. I'm taking Part II at the end of February 2017. I used CPAExcel & Ninja for CPA and switched to Gleim for CMA. I prefer Gleim to CMAExcel because the study structure and content layout make more sense to me.
There are two main reasons why I chose to pursue CMA certification. The first is because the content is relevant to my position as the controller of a manufacturing company. So far I've felt that my studies have helped elevate my skills professionally. As a side note I find the CMA material more interesting than the CPA material. The second reason is that when I see job postings for controller positions most say CPA/CMA preferred. CPA + CMA will differentiate me within my own organization and help me if I want to transfer or look outside for employment.January 16, 2017 at 3:28 pm #1442207
Has anyone used the Wiley CMA Excel Course for the CMA Exam? Wiley is currently offering 25% off their CMA Course.March 23, 2017 at 10:49 am #1520932
I'm considering going for my CMA, but have been pushing it off and enjoying life for a bit. I passed my last CPA exam 12/2016.
I was considering going into a MBA program, but feel that the CMA better option for me now since its less money and less commitment.The CPA is defiantly a status thing and has given me more respect, but I agree with Zakinak that the CMA material seems to be more interesting for my career path. I am a Assistant Controller working under a Controller that will be retiring next year, I was hired to fill her position.March 23, 2017 at 10:53 am #1520940
I am planning to take the CMA exam this summer. I am sick of paying for review courses, so I downloaded the Content Specification Outlines from the IMA. I just recently passed BEC so Im going to use my Cost Accounting and FAR books to battle it plus the little I know. HahahMay 7, 2017 at 11:00 am #1551550
VanessachyParticipantMay 7, 2017 at 6:49 pm #1551727
Well it depends on what your goals are and your current position. I am in internal audit so I have the cpa, CIA, and currently pursuing the cisa. The CIA and cisa are purely audit certs and would help if you decide to stay or go into the audit field. The CIA would help more if you end up with a cost acco Both type of role.May 7, 2017 at 9:56 pm #1551786
I finished my CPA exam about two years ago and I was licensed back in December 2016. I was thinking about getting the CMA right after, but I got lazy and enjoying life right now. However, I do plan to get the CMA in the next 2-3 years. Since I am in industry accounting, I feel that the CMA is probably the best value license beside the CPA exam. Most industry jobs list CPA/CMA/MBA as the preferred requirements. CMA is much cheaper and less time required than the MBA. It doesn't hurt to have two 3 letters after your name.May 8, 2017 at 7:17 am #1551852
Blue Collar NerdParticipant
Just curious if anyone ever earned the PFS designation? It's the equivalent to a CFP (Certified Financial Planner). It seems like the PFS would only be useful for financial planning and not so much accounting. Just curious what others have to say? It seems like the CMA, CIA, etc would compliment the CPA better. Thanks!May 8, 2017 at 8:47 am #1551883
I purchased the Gleim CMA Review Course a couple months ago. I have gone through a few of the chapters but it's hard to stay focus. I haven't signed up for an actual exam yet, which may be the key reason why I can't focus. I decided to go with the CMA, because I'm also noticing that most employers are looking for a CPA or CMA, so I figured, why not have both. After CMA, I may try to take the CIA or CISA exam as well.June 2, 2017 at 8:25 pm #1564815
Regarding a CMA vs MBA. In my opinion, if you don't have an MBA from an ivy league or reputable university, CMA provides more leverage.June 2, 2017 at 9:31 pm #1564834
I aged 5 years studying and passing the CPA exams. I had even thought about the CMA or CFA. Unfortunately, i don't want to age another 5-10 years studying. I need to keep up with the ladies in the bedroom : DJune 2, 2017 at 10:20 pm #1564854
@skynet That's exactly why I'm conflicted on pursuing the CMA. I've been looking into it since I am waiting on my FAR score in August. I've been working the Gleim and CMA Excel demos. But I'm also finally beginning to become aware of my surroundings. The CPA is/was too much of a battle and I'm not sure if I feel like being in hermit mode anymore lol.September 28, 2017 at 1:44 pm #1640090
Guess I'll start on the CMA soon, just need the funds for this expensive a$$ exam…I just want more letters behind my name 🙂October 1, 2017 at 3:48 pm #1641389
I finally signed up for part 1 of the CMA Exam through the Prometric Website. I purchased the Gleim Prep Course earlier this year on March 3rd. It has been very hard to study and stay focus, so I'm hoping that signing up to actually take the exam will help me get back on track with the studying. If anyone is currently studying, please let me know. I would love to have a study partner. My exam is currently is scheduled for January 16t, 2018.October 1, 2017 at 4:00 pm #1641394
I recommend you to get CISA to complement IT knowledge on your belt. IT has become part of day to day business significantly. IT audit knowledge will be a benefit for your future career in audit.October 1, 2017 at 10:33 pm #1641565
I pass the CMA last September and the skills you learn are really useful working in industry the only problem is it does not have the same name recognition as the CPA.October 1, 2017 at 10:34 pm #1641566
Correction to my post from earlier today. Please ignore my question regarding a study partner. That's a violation of rule # 6 for the Ninja forum. My apologies.October 2, 2017 at 9:08 am #1641658
@onmywaytocpa Good stuff, I'm still chipping away at part 1 using HOCK with no date in mind to sit. Still trying to figure my post-CPA life out.November 10, 2017 at 6:05 pm #1660852
Just started studying for the CMA exam. I passed the last part of the CPA exams in Nov of 2016 and I'm getting bored, soooo here I am again. Good luck everyone!November 11, 2017 at 12:46 am #1660930
LedgerL0ver, I got my final passing score in November 2016 as well. I'm currently signed up to take part 1 on February 26, 2018. I wish I would have signed up for the May/June testing window because I'm working for Intuit (Turbo Tax) providing tax advice and technical support part-time during tax season along with my full-time job. I didn't know that you can't pushed the CMA exams back to another testing window like the CPA exam, so now I'm stuck with attempting to pass part 1 during tax season. Are you using Gleim? Or Hock? Or Wiley/CMA Excel?November 11, 2017 at 8:03 am #1660957
Just received my Part 2 score and it was a 460/500. So done with the CMA now. Still waiting for my final CPA score and planning to take the CAMS as my job is AML specific. Anyone took the CAMS yet?November 11, 2017 at 8:39 am #1660963
I might sit for them in Feb. I’ve been chipping away at the material but I don’t have the same intensity that I did with the CPA, but I already paid for the material so I might as well go through with it. The cost section in part one is way too defeating 😂, BEC isn’t even close. Also starting my MBA in Jan, should be fun times. Best of luck to you both and congrats QueenCPA for passing!November 11, 2017 at 9:08 am #1660966
@onmywaytocpa I'm using Gleim. I'm only about 25 pages into the first book, but I really like how everything is set up in terms of the outline and the study quizzes/final review. Have you decided/purchased your study material yet?
What is your full time job? I'm very interested in how you like working part time providing tax advice. This is something I considered doing part time so that I could get a little more experience with tax, since I am more of a Financial Accounting manager for nonprofit/governmental entities so taxes are my weak spot. I am quite lazy though haha- is it worth it?? You sure have your hands full. The end of February is still so far away though. Maybe it wont be as bad- besides since you've already been through the CPA exams, alot of it will be review for you!
@queencpa Congrats on your passing score! How do you think the CMA exams are compared to the CPA exams? I'm actually really excited and confident about the CMA exams except for the essays… How intense do they have to be?
@mtaylo24- I bet if you push through, you might surprise yourself! When did you pass your last CPA exam? Wasn't it the greatest feeling in the world? The only feeling that might have been better is when I received my certificate in the mail 🙂November 12, 2017 at 12:46 pm #1661333
Congratulations QueenCPA! I know it feels great to have CPA and CMA exams behind you.
LedgerLOver – Intuit invited me to work with them, because I use their tax software for my tax practice. They do recruit CPAs, attorneys, and EAs every year to work temporarily during tax season, but they require at least three years of tax experience.
I'm using Gleim. I purchased it back in March when it was on sale for 20% off. The total price was around $990. I got the access until you pass, so they just sent me the updated versions of the 2018 textbooks.
LedgerLOver and mtaylo24, we need to stick together for the CMA exam. We can post our questions, concerns, triumphs and failures just like when we were all studying for the CPA exam. I think the three of us could use the support. There is no way I would have made it through the CPA exam without the support of this website/forum. I need that support for the CMA exam as well.November 12, 2017 at 5:26 pm #1661452
@onmywaytocpa Agreed! Still casually chipping through HOCK, I feel decent about the internal control and financial reporting sections and ok about the budgeting one. Cost and the performance analysis sections are kickin my butt, but I plan to do a deeper dive this week on those. Might start getting familiar with Part 2 in December…November 13, 2017 at 7:29 pm #1661963
@onmywaytocpa- That sounds like a great idea! I was soooo motivated to finish the CPA exams. Not so much on the CMA. I'd love the extra letters after my name, though so let's definitely try to support each other through this process! I'm working through the first section of Part 1 and I'm already quite rusty on alot of things. Although- it mayyyy have to do with the beers I'm consuming during studying as well. 🙂
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