CMA Exam Pass Rate: What the Latest CMA Pass Rates Mean to You
Have you been told the CMA exam is easy? Or are
you convinced that it is super hard? You don’t need to be uncertain. Instead,
to help us understand the CMA exam difficulty, we can look at
signs like the CMA exam pass rate. The latest CMA pass rates help us see how
challenging the exam has been for past candidates. And with this information, you
can get a better sense of how much you need to prepare to pass the CMA exam.
Latest CMA Exam
Pass Rates
According
to the latest percentages, the average CMA exam passing percentage is 45%. The
Institute of Certified Management Accountants (ICMA) seems to have slowed down
their release of the CMA exam pass rates in recent years. Looking at past
statistics, we can see that the ICMA used to release CMA passing percentages for
each exam part about every 9 months. But the exact time period for the latest
CMA pass percentages (35% for Part 1 and 50% for Part 2) is unclear. We have to
do the best we can with the information that is given to us.
CMA Exam Pass Rates
|
Exam
Part |
2013 |
2014 |
2015 |
2015-2016* |
2016-2017 |
2017-2018 |
2018-2019 |
|
Part 1 |
35% |
35% |
36% |
35% |
35% |
40% |
35% |
|
Part 2 |
42% |
49% |
55% |
52% |
50% |
50% |
50% |
*In
2016, the ICMA adjusted when it releases the CMA exam pass rate data.
As you can see, the Part 1 pass rate was fairly consistent until
it jumped up in 2017-2018. The Part 2 pass rate increased to 55% in 2015 but
slowly fell back to the 2014 level by mid-2016 and stayed there ever since.
There are different reasons for this pass rate, which we will discuss more
later on. For now, let’s see how the CMA pass rate compares to the pass rates
of other accounting certifications.
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