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IMA - Institute of Management Accountants
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The CMA program consists of four examinations:

Part 1: Business Analysis
      - 3 hours, 110 multiple choice questions
Part 2: Management Accounting and Reporting
      - 4 hours, 140 multiple choice questions
Part 3: Strategic Management
      - 3 hours, 110 multiple choice questions
Part 4: Business Applications
      - 3 hours, 3-7 written-response essays and problems

Parts 1, 2, and 3 must be passed before registering for Part 4. Score reports for the first three parts are immediately available at the testing center. Results for Part 4 are mailed 4-8 weeks after the test.

All examinations are computer-based and offered by Prometric, a worldwide network of testing centers. Parts 1, 2, and 3 are offered daily in accordance with local customs. Part 4 is offered during the months of August and November.

Please note: Effective January 1, 2009, the exam will be offered according to the following schedule:

January and February: Parts 1, 2, and 3
March: No exam parts offered
April: Part 4 only
May and June: Parts 1, 2, and 3
July: No exam parts offered
August: Part 4 only
September and October: Parts 1, 2, and 3
November: No exam parts offered
December: Part 4 only

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