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IMA’s professional certification programs, the FMAA™ (Financial and Managerial Accounting Associate), CMA® (Certified Management Accountant), and CSCA® (Certified in Strategy and Competitive Analysis) help you grow your expertise and advance your career in the accounting and finance profession. fmaa exam pass rate.
What is the difference between CMA and FMAA?
Is FMAA certification worth it?
It offers a cost-effective and attainable path to gaining a competitive edge at the outset of one’s career. Additionally, holding the FMAA certification can provide professionals with a competitive edge in the job market, as employers often value candidates who have demonstrated expertise in accounting and finance.
Although the FMAA and CMA exams cover similar topics, the FMAA covers a foundational understanding of topics that the CMA exam tests more in-depth and at a higher level of understanding. The CMA is a two-part exam compared to the FMAA’s single part.
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fmaa exam fee
How much does the FMAA exam cost? IMA requires a $299 fee to sit for the exam. Once certified, IMA requires FMAAs to pay a $49 annual renewal fee. Furthermore,You are not required to pay for IMA membership to take the FMAA exam.
What is the passing score for FMAA exam?
The FMAA exam passing score is 200 on a scale ranging from 0 to 300. The exam is rated by taking the number of items you answered correctly on the test scaled by 300. Also The two-hour exam consists of 80 multiple-choice questions. The examination structure is designed to also assess a candidate’s proficiency in the core areas of accounting and finance. fmaa exam proxy.
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