Hi. To help you assess the top CMA review courses, check out the side-by-side comparison table on this page cmaexamacademy.com/best-cma-review-course-comparison/ref/nathan/
Hi Reshma, go for Part 1 since your specialization is in Accounting. But please review the content outline for each part to help you determine which one is better suited for you.
When you have learned all concepts, formulas, etc, and score high on practice exams. There's more to it than that but it's overall the gist of it. If you'd like private 1-on-1 coaching support to help figure out next steps, I invite you to check out our CMA Tutoring program: cmaexamacademy.com/product/cma-exam-prep-live-virtual-1-on-1-tutoring/ You'll be matched with a Certified CMA who will help answer all your questions via a private session on Zoom.
Hi Nathan, Are these MCQ questions based or comes as a direct question from the study material? Do we get any study material from IMA-CMA whilst registering for the course? If yes, then do I have to still refer to these modules or I can go ahead with Gleim/Wiley? What's the cost of comprehensive review course fees for Gleim & Wiley?
Hi Kaushik, the IMA will provide you with a limited number of practice questions. I definitely recommend investing in a CMA review course to help you pass the exam. There are many choices so pick the one that best fits your learning style and needs. here's a comparison of the various course providers: bit.ly/31AKv5h
Hi Supraja, at this time we don't offer job placement services. Our sole focus is helping professionals earn their CMA credential. It's one of the main reasons why our exam pass rate is 90% on average. The IMA has career resources for CMAs though exclusively offered to IMA members. Please check with them on that.
There's value in holding the US CMA in India. I have an awesome resource that’ll give you a lot more information about career and salary potential as a CMA. Check it out here cmaexamacademy.com/certified-management-accountant-salary-in-the-usa/ref/nathan/
I'm an CMA Inter student in India brother how can I able to pass my exams this is my third attempt which I am going to do this December here the MCQ is only 40 marks remaining 60 marks is problem and short notes how must I prepare to it accordingly please help me in this brother
Could you please say me? What is the highest score in us cma (each part) across the world? And who is that person? And when? This came out due to my excitement... Please reply sir...
I'm not sure who got the highest CMA exam score worldwide. You may want to ask the IMA about it. But quite frankly, it's not important from a career perspective. Companies don't ask what your CMA exam score was. They only ask if you have it or not. I'm glad you're excited about earning your CMA.
Hi Mohammad. Congratulations on passing the exam! That's a fantastic achievement and a testament to your hard work and preparation. You're absolutely right - thorough preparation is key to success in these exams. This year, we've launched our CPE platform. Check out www.cpeflow.com for all your CPE course needs. Get 50% off on our first course on our platform. No coupon code required More courses will be released throughout the year to help you complete your CPE credits. If you have any questions, let me know!
I gave my CMA Part 1 exam on 28 feb 2020. i completed the 100 mcq and after clicking next i was move onto the survey. As my result is 220 the essay part of the exam should have opened but it did not. it is stated that the 50% of the mcq should be correct in order to open the essay part of the exam that will be 50% of 375 i.e. 187.5. i would like to know the reason of this .
HI Akshat, sorry to hear about your exam score. Remember that the final score is tabulated based on a scaling scoring system. It's not clear cut like you describe it. If you'd like further information on how specifically your exam score was calculated, please reach out to the IMA directly as I don't have that information.
Hi Nathan I have been working in retail for 8 years now. I now want to pursue us cma because I was good at accounts in college. Is it a right choice? I'm married 31m having daughter. Please help to cover my point. Thank you
Hi Acef, it sounds like you majored in Accounting and want to move from Retail into corporate. The CMA is a great way to do it, and your accounting knowledge will be a good foundation for the exam. The CMA journey can be a bit confusing at first. Please read my 10 steps to become a CMA article here: cmaexamacademy.com/how-to-become-a-cma-in-just-over-6-months/
I have q question. 50% required for multiple choice questions means that we need to acquire 50% correct answers in the total of 100 multiple questions or 50% of 375?
Hi Siva, I really don't believe age plays a factor in whether someone can pass the exam or not. It comes down to how bad you want it and following a study plan that'll set you up for exam success. I have a blog post that'll walk you through the 10 steps to become a CMA. I think it'll be great starting point for you to learn more about this designation and what it takes to pass the exam. Click here: bit.ly/34tQcDF
Hi Krishna, in reality you only have 4 months, not 6. The last exam window closes in October. 4 months is enough to complete one part of the CMA but you gotta be super dedicated and follow a proven study plan.
i am trying gliem review questions is it good to study from it however i couldnt make it in my part 2 yesterday even to essay type , please advise if can , and also what you have mentioned in your video about score i think that is not disclosed by IMA how they rate and scale score , please advise
So sorry to hear about your exam score. You'll receive a performance report that'll show you the areas you'll need to focus on more next time around. For updates on that report please contact the IMA.
Hi sir, I'm just going to register myself for CMA but I'm afraid of how it will be Pls help me to come out of this by giving few ideas like how it will be.
I'm confused - are there different CMA exams?? The one from AAMA states this: "The exam consists of 200 multiple-choice questions administered in four 40-minute segments." I'm trying to get national certification, am I looking in the wrong place??
HI Sai, I'm sorry about your score. In order to get to the essay section, you have to get at least 50% of the MCQs correct. Otherwise, the exam will end when you try to move to the essay section. Best of luck in your attempt. If you need supplemental study tools like a test bank to take more practice exams, please check the tools I have available here: bit.ly/2MRSgyG
As with any skill, it takes practice and consistency. If you commit to improving every day, even just a little bit, over time you’ll see how much progress you’ll make. You’re more capable than you realize my friend.
The IMA provides a support package when candidates pay the CMA Entrance fee. It's limited in scope and doesn't not replace an online test bank. But good enough for some practice.
@@Cmacoach Hi Nathan! I recently lost my job and I would like to study to take Part 1 of the US CMA Exam by January 20th and Part 2 by the end of February. My plan is to study for 8 hours per day, 7 days per week, starting on January 1st. Am I being unrealistic?
@@JustJami74 Umm..it took me 3 months of 2-3 hours of daily practice to pass part 2. And I'm doing the same for part 1. I'll give my exam on Jan 31st. Honestly, I'll be surprised if you pass the CMA in such a short time. Why the rush???
HI Jami, If you have an accounting degree and accounting experience, I think it's doable to pass one exam during the Jan/Feb exam window since you'll be studying full time.
@@Cmacoach Maxwell Mechanical Inc. specializes in servicing central air conditioning units. Maxwell Mechanical employs licensed HVAC technicians and apprentices. Each service call requires a combination of both types of labor. Maxwell’s standard time and cost for each service call are as follows. hvac technician -time 1 hr wage-$30/hr apprentice- time 3 hr wage-$14/hr During the month of May, Maxwell serviced 1,500 air conditioning units. HVAC technicians worked a total of 1,900 hours with a total labor cost of $60,800. Apprentices worked a total of 4,000 hours with a total labor cost of $52,000. The service calls require a certain amount of direct materials. For the month of May, Maxwell experienced a favorable direct materials price variance of $5,000 and an unfavorable direct materials usage variance of $8,000. Required: 1. Explain how Maxwell could use management by exception. 2. Calculate Maxwell’s total direct labor rate variance for the month of May. Show your calculations. 3. Calculate Maxwell’s total direct labor efficiency variance for the month of May. Show your calculations. 4. Identify one possible cause and one corrective action for the combination of a favorable direct materials price variance and an unfavorable direct materials usage variance experienced by Maxwell in May.
hi sir i want to know that if get 50% correct mcqs then open essay window but did nt pass essay or get require score mean how much score we need to require in essay to pass exam pls clear it
Hi Sunny, by following the steps I showed you in this video, you'll be able to tackle both sections of the exam successfully. Don't forget to get your copy of my exam cheat sheet to help you memorize the material quicker and to give you exam strategies and tips.
Hi, I have enrolled to CMA. I have quit my job and want to focus on CMA only. Pls help and guide me how can I pass both papers in 1st attempt. Though I am not working anywhere. Pls advise in how many months both papers can be passed.
Hi Muhammad, if you study full time, I estimate that 2 to 3 months will be more than enough per part. What review course are you using and what study tools does it include? You want to make sure you have textbooks and a test bank at the bare minimum.
Thanks for watching! Which exam strategy will you use to score the most points?
CMA Coach I would like know about free prep book? Can u tell us little detail and link .
Also would like prep book.
Which study material is good,hock,gleim or wiley?
Hi. To help you assess the top CMA review courses, check out the side-by-side comparison table on this page cmaexamacademy.com/best-cma-review-course-comparison/ref/nathan/
Hi... Attempting both MCQ's and Essays is compulsory ? Can we get through the exams, if we get 360 alone from MCQ's ?
It's not possible to get a passing score with only MCQs or only Essays. You need to perform well in both sections to pass the exam.
Thanks for the information. Could you please let me know is there any negative markings in mcq?
No negative markings. You get it right or get zero points for a wrong answer. That's it.
@@Cmacoach Thanks 😊
Hi Nathan, thanks for the video, and nice tips for passing the exam on the first try. Keep up the good work!
Hi Volkan, thank you for watching and for the encouraging words. I appreciate it.
Hello sir , i want to ask you that exam cheat sheet link is not open . how can i get .
Please email me back with a screenshot of the error. I'll help troubleshoot.
Hi Nathan,I am using Wiley study materials.How many hours of study can I allocate to studies for 3 months?Also is Wiley better than Gleim?
Hi Bupe, for candidates who self study using Wiley or Gleim, I would estimate around 25 hours per week.
Hello Sir.! which part is good to take first? Please Suggest me. This is my first attempt.
Hi Reshma, if you are an accounting major, go for Part 1 first. If you're a finance major go for Part 2 first.
CMA Coach
I did B.com and M.com specialization in “ Accounting and Taxation “.
Please suggest me the Right one.
Hi Reshma, go for Part 1 since your specialization is in Accounting. But please review the content outline for each part to help you determine which one is better suited for you.
CMA Coach Thank you so much.!
Hey! How do I come to know that I am ready to take my part 1 exam ?
When you have learned all concepts, formulas, etc, and score high on practice exams. There's more to it than that but it's overall the gist of it. If you'd like private 1-on-1 coaching support to help figure out next steps, I invite you to check out our CMA Tutoring program: cmaexamacademy.com/product/cma-exam-prep-live-virtual-1-on-1-tutoring/ You'll be matched with a Certified CMA who will help answer all your questions via a private session on Zoom.
Hi Nathan,
Are these MCQ questions based or comes as a direct question from the study material? Do we get any study material from IMA-CMA whilst registering for the course? If yes, then do I have to still refer to these modules or I can go ahead with Gleim/Wiley? What's the cost of comprehensive review course fees for Gleim & Wiley?
Hi Kaushik, the IMA will provide you with a limited number of practice questions. I definitely recommend investing in a CMA review course to help you pass the exam. There are many choices so pick the one that best fits your learning style and needs. here's a comparison of the various course providers: bit.ly/31AKv5h
Sir can we write two papers seperately or should it be done at a time
My score is 350, shall i apply for revaluation? Please advise CMA COACH
You are eligible for a revaluation. Please contact IMA's customer support for more info and next steps. Thanks
hi coach does yr academy helps in placement in companies after us cma
Hi Supraja, at this time we don't offer job placement services. Our sole focus is helping professionals earn their CMA credential. It's one of the main reasons why our exam pass rate is 90% on average. The IMA has career resources for CMAs though exclusively offered to IMA members. Please check with them on that.
@@Cmacoach okie coach
HI coach , i m living in india . is cma us in india worth enrolling into or should i have to go overseas to find job
There's value in holding the US CMA in India. I have an awesome resource that’ll give you a lot more information about career and salary potential as a CMA. Check it out here cmaexamacademy.com/certified-management-accountant-salary-in-the-usa/ref/nathan/
@@Cmacoach thanks coach
I'm an CMA Inter student in India brother how can I able to pass my exams this is my third attempt which I am going to do this December here the MCQ is only 40 marks remaining 60 marks is problem and short notes how must I prepare to it accordingly please help me in this brother
Hi Philip, I think you may be referring to the India CMA exam. My channel is about the US CMA exam.
How difficulty of cma exam affect the result score
It's a factor in the final score computation.
Could you please say me?
What is the highest score in us cma (each part) across the world?
And who is that person? And when?
This came out due to my excitement...
Please reply sir...
I'm not sure who got the highest CMA exam score worldwide. You may want to ask the IMA about it. But quite frankly, it's not important from a career perspective. Companies don't ask what your CMA exam score was. They only ask if you have it or not.
I'm glad you're excited about earning your CMA.
@@Cmacoach thank you so much for replying 🌼✨
Do all questions are mcqs ?
100 of them yes. Then 2 essay scenarios.
I passed the exam it is very passable you need to prepare very good only
Hi Mohammad. Congratulations on passing the exam! That's a fantastic achievement and a testament to your hard work and preparation. You're absolutely right - thorough preparation is key to success in these exams.
This year, we've launched our CPE platform. Check out www.cpeflow.com for all your CPE course needs. Get 50% off on our first course on our platform. No coupon code required
More courses will be released throughout the year to help you complete your CPE credits. If you have any questions, let me know!
I gave my CMA Part 1 exam on 28 feb 2020. i completed the 100 mcq and after clicking next i was move onto the survey.
As my result is 220 the essay part of the exam should have opened but it did not.
it is stated that the 50% of the mcq should be correct in order to open the essay part of the exam that will be 50% of 375 i.e. 187.5. i would like to know the reason of this .
HI Akshat, sorry to hear about your exam score. Remember that the final score is tabulated based on a scaling scoring system. It's not clear cut like you describe it. If you'd like further information on how specifically your exam score was calculated, please reach out to the IMA directly as I don't have that information.
Hi Nathan I have been working in retail for 8 years now. I now want to pursue us cma because I was good at accounts in college. Is it a right choice? I'm married 31m having daughter. Please help to cover my point.
Thank you
Hi Acef, it sounds like you majored in Accounting and want to move from Retail into corporate. The CMA is a great way to do it, and your accounting knowledge will be a good foundation for the exam. The CMA journey can be a bit confusing at first. Please read my 10 steps to become a CMA article here: cmaexamacademy.com/how-to-become-a-cma-in-just-over-6-months/
I have q question. 50% required for multiple choice questions means that we need to acquire 50% correct answers in the total of 100 multiple questions or 50% of 375?
Ritin, you need to answer 50% of the MCQs correctly in order to advance to the Essay section.
Hai Nathan, I am 52 years old graduate. Can I able to pass this CMA course. Please reply.
Sivakumar
Hi Siva, I really don't believe age plays a factor in whether someone can pass the exam or not. It comes down to how bad you want it and following a study plan that'll set you up for exam success. I have a blog post that'll walk you through the 10 steps to become a CMA. I think it'll be great starting point for you to learn more about this designation and what it takes to pass the exam. Click here: bit.ly/34tQcDF
How this 500 points breaking? How much for MCQ ' s and how much for essays?
75% of your score is from the MCQ section, and the other 25% from Essays. There are other variables to calculate the final score though.
Hi I have started pursuing the US CMA course , I want to complete one group by 2020 end , is it possible to complete within 6 months ?
Hi Krishna, in reality you only have 4 months, not 6. The last exam window closes in October. 4 months is enough to complete one part of the CMA but you gotta be super dedicated and follow a proven study plan.
Can I get pdf of your text books?
Sorry, my textbooks are not available in PDF format for distribution.
My score in part 2 is 350.
Can you please tell what should i do?
I can help. Read my article on strategies to pass the second time around: www.cmacoach.com/what-to-do-if-you-fail-the-cma-exam/
Sir wt if we failed in a attempt........nd should we again pay money to take attempt nd if so how much sir .......tnx
If you fail your exam and would like to retake it, the exam registration fee is the same as the previous one.
@@Cmacoach tnx coach...
i am trying gliem review questions is it good to study from it however i couldnt make it in my part 2 yesterday even to essay type , please advise if can , and also what you have mentioned in your video about score i think that is not disclosed by IMA how they rate and scale score , please advise
So sorry to hear about your exam score. You'll receive a performance report that'll show you the areas you'll need to focus on more next time around. For updates on that report please contact the IMA.
Sir I have a less english knowledge....I m not not able to understand english properly..Is that easy for me to clear the CMA ina 1st attempt
Being proficient in English is very important to successfully pass the exam.
Hi sir, I'm just going to register myself for CMA but I'm afraid of how it will be
Pls help me to come out of this by giving few ideas like how it will be.
Hi Manju, I recommend that you watch this video to learn more about what the exam is like: ua-cam.com/video/Q6JPSD8YI6w/v-deo.html
I'm confused - are there different CMA exams?? The one from AAMA states this:
"The exam consists of 200 multiple-choice questions administered in four 40-minute segments."
I'm trying to get national certification, am I looking in the wrong place??
Max, I'm referring to the Certified Management Accountant exam.
@@Cmacoach Hahahah, it all makes sense now, thanks for the clarification!
What is the difference between US CMA and Australian CMA?
US CMA is a global designation and the most widely recognized. Australia CMA is just for Australia.
What is the average scaled score of CMA topnotchers. Is a scaled score of 450 good enough?
The highest score is 500 points with a minimum passing score of 360
@@Cmacoach plz breaking down of 500 marks for mcq and eassy section
sir how i can calculate score of essay himself during practice essay
Mohammad, it's not possible to grade a practice essay scenario since it's scored by humans and not an algorithm in the real exam.
Hii sir should I need a graduation in b.com professional with usa cma can i do it side by side in first attempt only
Hi Priston, yes definitely. I would recommend doing it in tandem during your third or fourth year in college.
So nice of u sir.......tnx
It's my pleasure.
Hello sir,
I got a 250 marks in the last window but eassy section was didn't open how much I need to score in order to open the eassy section?
HI Sai, I'm sorry about your score. In order to get to the essay section, you have to get at least 50% of the MCQs correct. Otherwise, the exam will end when you try to move to the essay section. Best of luck in your attempt. If you need supplemental study tools like a test bank to take more practice exams, please check the tools I have available here: bit.ly/2MRSgyG
@@Cmacoach thank you sir
Hii sir
I want to do US CMA . But I'm worrying about numerical problems😰😰 becoz my mathematics is so weak. So, I want to ask that can I do US CMA??
As with any skill, it takes practice and consistency. If you commit to improving every day, even just a little bit, over time you’ll see how much progress you’ll make. You’re more capable than you realize my friend.
@@Cmacoach thank u so much for reply sir....
Could u give me ur contact no or email id that I can be contact with u.
Sure. Contact me here cmaexamacademy.com/contact/
@@Cmacoach thank u...
I'm willing to do US CMA any mock tests to myself
The IMA provides a support package when candidates pay the CMA Entrance fee. It's limited in scope and doesn't not replace an online test bank. But good enough for some practice.
From which section the essay questions are asked?
Srinivasan, I wish we knew that. It would make test-taking a lot easier. Essays can come from any section of your textbooks.
Do you have tips on how to pass each section within 4 weeks per section?
Hi Jami, I'm not sure I understand your question. The CMA is a 2-part exam. Just to clarify, I coach for the US-CMA designation.
@@Cmacoach Hi Nathan! I recently lost my job and I would like to study to take Part 1 of the US CMA Exam by January 20th and Part 2 by the end of February. My plan is to study for 8 hours per day, 7 days per week, starting on January 1st. Am I being unrealistic?
@@JustJami74 Umm..it took me 3 months of 2-3 hours of daily practice to pass part 2. And I'm doing the same for part 1. I'll give my exam on Jan 31st. Honestly, I'll be surprised if you pass the CMA in such a short time. Why the rush???
HI Jami, If you have an accounting degree and accounting experience, I think it's doable to pass one exam during the Jan/Feb exam window since you'll be studying full time.
I need ur help
How can I help?
@@Cmacoach Maxwell Mechanical Inc. specializes in servicing central air conditioning units. Maxwell Mechanical employs licensed HVAC technicians and apprentices. Each service call requires a combination of both types of labor.
Maxwell’s standard time and cost for each service call are as follows.
hvac technician -time 1 hr wage-$30/hr
apprentice- time 3 hr wage-$14/hr
During the month of May, Maxwell serviced 1,500 air conditioning units. HVAC technicians worked a total of 1,900 hours with a total labor cost of $60,800.
Apprentices worked a total of 4,000 hours with a total labor cost of $52,000. The service calls require a certain amount of direct materials. For the month of May, Maxwell experienced a favorable direct materials price variance of $5,000 and an unfavorable direct materials usage variance of $8,000.
Required:
1. Explain how Maxwell could use management by exception.
2. Calculate Maxwell’s total direct labor rate variance for the month of May. Show your calculations.
3. Calculate Maxwell’s total direct labor efficiency variance for the month of May. Show your calculations.
4. Identify one possible cause and one corrective action for the combination of a favorable direct materials price variance and an unfavorable direct materials usage variance experienced by Maxwell in May.
Plz help me
Pls
hi sir i want to know that if get 50% correct mcqs then open essay window but did nt pass essay or get require score mean how much score we need to require in essay to pass exam pls clear it
How I should crack the MCQ eassy
Hi Sunny, by following the steps I showed you in this video, you'll be able to tackle both sections of the exam successfully. Don't forget to get your copy of my exam cheat sheet to help you memorize the material quicker and to give you exam strategies and tips.
@@Cmacoach I am trying to downloading that but I am not able can you please share me the link over here please sir
Sunny, click on this link: bit.ly/2VIuCrl
Hi, I have enrolled to CMA. I have quit my job and want to focus on CMA only. Pls help and guide me how can I pass both papers in 1st attempt. Though I am not working anywhere. Pls advise in how many months both papers can be passed.
Hi Muhammad, if you study full time, I estimate that 2 to 3 months will be more than enough per part. What review course are you using and what study tools does it include? You want to make sure you have textbooks and a test bank at the bare minimum.
@@Cmacoach Thanks for your reply. I am going to use Becker's material. Also while preparing I may have test bank comprises of other reviews.
Hy