How to Study for the CMA Exam?
To ensure you pass the CMA exam parts 1 and 2, you need to study
properly. As I mentioned above, one reason for the low CMA pass rates is that
people simply did not prepare for the exam properly. They may have been told it
was the easier exam, or they may have just dropped into it on a whim, without
much preparation put into it. Furthermore, they could have taken the CMA exam
when they were not an accounting major and without doing the proper research to
ensure they passed.
You don’t have to be a statistic. When planning your study
for the CMA, here are some tips:
·
Decide which part you are going to
take first. There are two parts to the CMA exam and you don’t have to take them
in order. Some people choose to take Part 2 first, since it tends to be easier.
Once you know which part you are taking first, you can begin to study that part.
·
Choose which exam window you are
going to test in. There are only three times of the year that testing windows
are open: Jan/Feb, May/June, and Sept/Oct. You will need to schedule your exam
for one of these windows. When you decide in advance which testing window you
are going to register for, you will know how much time you have to study and
prepare.
·
Create a solid study plan. I talked
above about using study guides and review courses, but even the best guides are
only as good as you allow them to be. It’s essential you make a study plan and
then stick with it consistently. This is how you get efficient study in before
your big day, so you can feel confident you will pass the exam.
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