- This topic has 51 replies, 6 voices, and was last updated 2 years, 6 months ago by Anonymous.
June 17, 2017 at 12:25 pm #1574285
Any CMA's in this forum that will like to share their experience with the Part 1 exam.
Will be highly appreciated.June 17, 2017 at 2:07 pm #1574336
I just took part 2! Haven't taken part 1 yet but based off my experience, the CMA exams seem easier than FAR and REG but harder than AUD and BEC. I thought the multiple choice was a little tricky and more in depth but the essay portion wasn't bad at all. Maybe I just got lucky on the topics I received for the essays but either way, definitely not as bad as CPA SIMs.June 17, 2017 at 2:34 pm #1574344
Unfortunately, I registered for Part 1 before reading that Part 2 is much easier.
I have 10 more days and can sense that the MCQ's are more tricky because of the length of the questions.
Were your questions long and ambiguous?
Good luck.June 17, 2017 at 6:34 pm #1574404
Some of them were, but less than I expected. I used Gleim CMA and it prepared me equally for all questions but the exam kind of felt like the CPA in that they try to touch as many topics as they can versus going really in depth in just a couple topics.June 17, 2017 at 6:36 pm #1574407
Also time management is key on this exam. I consider myself a very fast test taker, but I finished with like 15 seconds left. So one thing I felt was beneficial was going through all of the shorter questions that I knew first, then going back to the harder ones. If it felt like I either didn't know the answer, or it would take too long to figure out the answer, I just went on to the next question. Don't spend too much time during your test on one question.July 4, 2017 at 12:06 pm #1582066July 30, 2017 at 9:55 pm #1592315
It was not too bad. No where near CPA exams lol.
However, my simulations were many. I had 10 different tasks with three questions in each making a total of 30 questions to respond to in one hour. That was very rough. However, it seems new as my Gleim CMA study coach was shocked to hear that.
I plan to take the CMA Part 2 on September 2nd and will only have 3 weeks to study. The size of the CMA Part 2 book is quite encouraging compared to my current book, FAR 🙁 . So I need tips about the Part 2.July 31, 2017 at 10:18 am #1592469
Wait what? Hahaha wow… were they at least 30 small questions? Because I know on my part two, I only had 10 total questions and there's no way I would've been able to finish 30 questions. At least it's only 25% of the exam!
But oh yeah, I'd rather take 3 CMA exams over the 1 FAR exam haha but I honestly think 3 weeks will be fine. Just make sure you spend enough time on the practice questions! So I'd probably spend have my time with the lectures and the other half with problems. When I took it, I went through the Gleim cma testbank during my review phase and spent the last couple of days right before my test reviewing the IMA support package they provided.
One of the bigger/harder sections on part two is the NPV/Initial Investment but if you can get hold of one of the approved financial calculators, just practice those problems using that and it should be easy. I didn't know we could bring our own calculator until after I took the exam.. 🙂July 31, 2017 at 11:06 am #1592502
Shouldn't you both be getting scores soon? Let us know! I plan to take them in Sept/Oct if everything goes well this CPA score release. I bought HOCK so I have been picking through their TB, way too many loaded questions thoughJuly 31, 2017 at 11:10 am #1592504
@mtaylo24 yeah, I think I get mine around August 11th? Will definitely let y'all know! If HOCK's TB is too much, maybe just try to get through it and then use the IMA support package. I thought the support package was really helpful.July 31, 2017 at 11:52 am #1592529
@tvpaul Yes, they were small, easy and basic. something like what is a SWOT analysis (not the exact one i got, just an example) and then the questions build up on that, advantages, disadvantages etc.
Thank you. Oh yeah, I took my financial calculator – didnt need it much for Part 1 tho but I assume I will be relying on it for those parts you mentioned.
And yes, the package is really helpful!
@mtaylo24 Yes, August 11th. I even get to see it before Audit score release :(. The IMA Support package is crucial as Typaul mentioned
**Going back to FAR, only 8 more days** Wish me luck 😀July 31, 2017 at 1:20 pm #1592589
@tvpaul, How long did it take you to go through the app process? Im still holding off on paying any CMA fees until I hear back on the CPA. Buying the software was already a tough financial decision. Im guessing that the support package is included with membership?July 31, 2017 at 1:52 pm #1592618
@mtaylo24 I don't remember specifics because I signed up awhile ago but if I remember correctly, it was pretty quick. Especially because you can take the exams before you even send in your education and work requirements. But yes it is! They send you a PDF with ~350 questions per examAugust 10, 2017 at 8:46 pm #1598148August 10, 2017 at 9:36 pm #1598168
@QueenCPA I honestly have no clue since this is my first CMA score release haha but I sure hope so!! Good luck to you!August 11, 2017 at 7:30 am #1598238
@tvpaul Any luck with your result? I checked all night – didn't see anything but saw that August 11 was only an estimate and that some predicted from August 11-August 17 🤔🙃. Let me know whenever you are able to see your scoreAugust 11, 2017 at 10:17 am #1598261
@QueenCPA no luck for me either 🙁 It's really annoying that there's no concrete day for the score release… first having to wait 3 months for my CPA scores and now this… but I definitely will do!August 11, 2017 at 1:35 pm #1598433
are you checking it on your member profile? I think that was where I found it.August 11, 2017 at 1:43 pm #1598438
Yeah, it's saying “Pending”August 11, 2017 at 1:45 pm #1598444
You should receive an email on the result, I believe they send it out as soon as the scores are posted on the web.
Good luck to you all, cross my fingers for you!August 11, 2017 at 2:13 pm #1598459
Scores are released!!! I passed 🙂August 11, 2017 at 2:19 pm #1598465
congrats!!August 11, 2017 at 2:51 pm #1598498August 11, 2017 at 2:51 pm #1598501August 11, 2017 at 2:54 pm #1598502August 11, 2017 at 2:54 pm #1598505
@QueenCPA thank you!!! 🙂 but you should get an email once it's posted. I heard that they do it in waves though so if you haven't gotten the email yet, just wait a little. You should get it today though! Once I got the email, I also saw on myIMA that is says congrats for passing your first examAugust 11, 2017 at 2:55 pm #1598508
@mtaylo24 thank you 🙂 let's hope the CPA results are just as positive on the 17th hahaAugust 11, 2017 at 2:56 pm #1598510
@tvpaul: Ok, that makes sense.
Hoping for the best!
Yo, we have the same date for our second CMA exam.
I am taking the Part 2 on September 1st.August 11, 2017 at 3:14 pm #1598517
@QueenCPA I'm sure you'll be fine!!
I'm actually debating whether or not I should take it on the 1st or not. If I fail FAR or REG, I may consider holding off on the CMA and just cramming for a retake in September. Can't really decide thoughAugust 11, 2017 at 4:20 pm #1598558
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