September 21, 2018 at 7:28 pm #1991117
For those who have taken the CMA:
What study materials do you recommend?
How many hours did you study compared to CPA?September 21, 2018 at 10:07 pm #1991324
Hi, Helen. I’m also considering either the CMA or Law School. I want to see what the responses are like.September 24, 2018 at 5:03 pm #1995284
bumpSeptember 26, 2018 at 5:54 am #1997138
I used Gleim and felt that the material was both comprehensive and straightforward (without much filler). In terms of studying hours, I did not keep track of them (nor did it with the cpa exam), but if I were to compare my studying time with the cpa exam vs. the cma exam in terms of percentage, I would say the cma exam took more or less like 80% of the studying time (ballpark figure). Overall, I felt it was considerably easier, but I almost ran out of time the two times I sat for the exam. The MCQs that require calculations can be very time-consuming.September 26, 2018 at 7:31 am #1997186
I used CPE University for part 1 (gave me CPE credit for CPA) and Gliem for part 2. I also probably spent 70-80% of study time compared to the CPA exam. I don't know if that's because it was easier or that my familiarity with the material since I've spent my career in management accounting/corporate finance (instead of audit or tax). I felt that the CMA exam had more computations though.September 26, 2018 at 12:02 pm #1997648
I used GLEIM for CMA and CPA and passed all 6 tests on the first attempt. As mentioned above, the material is comprehensive and straight forward. I found that an individual CMA exam is more difficult than an individual CPA exam, but since CPA has 4 exams the CPA process is more strenuous as a whole. The calculations can be significantly more in depth and time consuming than anything I saw on any of the CPA exams.September 27, 2018 at 10:35 pm #1999997
I am currently studying for Part 2 with Gleim. I am schedule for Jan to take the exam. @AF @ohiocpacma and @cortes123 how did you use Gleim? I am currently reading a subunit everyday and watching a lecture. I started to study in Sept and hope to be done with book in November. Once I am done with book, I will probable to 20-30 MCQs a day for the month of December. I had a real tough time with chapter 3 with all the ratios. I was not the best test taker in college. Any suggestions would be greatly appreciatedSeptember 28, 2018 at 6:10 pm #2000858
Hi what did you think of CPE University CMA review? If you had the a choice would CPE university or Gliem?. I am undecided not sure which one. Wiley is way to expensive… ThanksSeptember 29, 2018 at 4:31 pm #2001857
Hock International – hands down the best in my opinion. I wasn't able to finish studying for the exams because I had a job/career change, but while I was hitting the books, Hock had it down path.
Btw, I have Gleim too. I sent them a nasty note about how I thought their materials were garbage, but it's been 6-7 years since. My hock materials are still up to date 🙂October 1, 2018 at 1:45 pm #2004734
@Jcornelio116 CPE University was fine. It was in a video format and you could interact with the instructor. The area it lacked was the amount of practice questions available compared to Gleim. It did not matter to me as much on part 1 because I had more experience with the material compared to part 2.October 2, 2018 at 10:02 am #2006174
I passed Part 1 with a 360 using Gleim, but I still had a lot of concepts that were still fresh in my head from FAR. I used Gleim for Part 2 but I failed with a 350. I am supplementing Gleim with the Hock Lectures to help me understand the material a little better. Gleim's Part 2 lectures/materials are not that detailed.October 3, 2018 at 1:54 pm #2008319
@anthony.barry43 I read a chapter then do a bunch of MCQs and move on. Trying to limit it to 40-60 MCQs. No lectures (waste of time). Once done do 1k-1.5k MCQ. There are a bunch of long MCQs that are good substitutes for the SIM/Essay portion. It's a good idea to practice some of the essays with calculations, since unlike the CPA exam you will be asked to show your work and/or explain what you did. You should be comfortable doing that. Generally though, MCQs are by far and away the most efficient use of your time.
For each test I also created a formula sheet that I wrote out repeatedly until memorized and wrote it on my scratch book as soon as the exam started.October 4, 2018 at 8:44 pm #2010275
Still chipping away. I took Pt. 1 with Hock Q1 this year and didn't pass. I did buy Gleim and I like it much better, but still probably won't take it until Q1. I have been too busy with other things to focus on the CMA, but I need to take it since I paid for the materials and paid all of the IMA fees.October 5, 2018 at 7:42 pm #2011379
AnonymousApril 11, 2019 at 8:41 am #2321817
Just found out that I passed part 1 with a 380! So glad that I don't have to take that one again!April 12, 2019 at 6:27 am #2324226
For anyone that's passed CMA, did it add to the body of knowledge you picked up with the CPA exam? I have looked into it some and there is significant overlap in most of what I've read. My employer will pay for prep and I'm just wondering how worthwhile it is for someone who has already passed the CPA exams.August 13, 2019 at 9:37 am #2627835
Got my score yesterday. Passed Part 2 with the minimum score (360). Feels good to be done with both CPA & CMA certifications!August 20, 2019 at 1:18 pm #2643843
Congratulations @mtaylo24!!! That is awesome news!!! That's the motivation I needed to push through this study material! We started working on the CMA certification around the same time. I got to go ahead and knock Part 2 out! Super proud of you!August 20, 2019 at 1:26 pm #2643867August 20, 2019 at 5:27 pm #2644569
Thank you both! The test wasn't easy but the hardest part was the 6 week wait for scores.
@onmywaytocpa Go ahead and knock it out homie. Part 2 was tricky, but nothing you can't handle! Be sure to give yourself plenty of prep time so you nail everything they throw at you. You gotta make it through that 100 question gauntlet as fast as possible!August 20, 2019 at 8:16 pm #2644980
Finally getting around to starting the CMA. Do you think 100 hrs of studying is sufficient for part 1?August 20, 2019 at 8:58 pm #2645088
I've been studying for Part 1 since July while working long hours (Big 4), and am scheduled to take it in less than 3 weeks. Some of the materials are familiar while some are not. Based on my experience with studying for both CPA and CMA, I can tell you that CMA MCQs may not be as difficult as the CPA MCQs, but each MCQ definitely requires more time to get through. I have been using Wiley CMA (used Becker for CPA), and I hope to knock this first part on the first attempt. Let's get it done!August 21, 2019 at 10:06 am #2645721
CMA takes less time if you have business experience. I'm studying for BEC now and I was getting 80s on the practice exam without opening the book. Likely because of my CMA studying experience. I recommend Wiley. I studied for about 75 hours each section and passed with a 410 on both.September 13, 2019 at 12:01 am #2703258
I am taking CMA Part 1 in about 5 weeks.
I have completed over 90% of the Gleim MCQ questions and am trending at about 78% correct (first pass on questions with no reattempts). If I compare this to FAR or REG I am doing pretty well as it was demoralizing (especially REG).
Disclaimer*** I previously had went through all questions about a year back (prior to doing the CPA).
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