What is Management Accounting?
Chief Financial Officers
Management accounting is a profession that involves partnering in management decision making, devising planning and performance management systems, and providing expertise in financial reporting and control to assist management in the formulation and implementation of an organization’s strategy.
Nearly 75% of financial professionals work in business as management accountants: financial analysts, accounting managers, controllers and chief financial officers. Management accounting professionals can influence the decision-making process and business strategy, making a real impact on the future of their organizations.
Student Success Stories
During my senior year of college, I passed the CMA exam and immediately put on my résumé in bold: CMA (Pending Graduation & Work Experience). This was a great confidence boost, and I landed an interview with Toyota Motor Engineering & Manufacturing. The CMA was a big factor in getting that job and securing the position I have today.
- Pierce Kohls
CMA, Accounting Supervisor, TENTE Casters, Inc.
Through IMA, I have won a scholarship and sharpened my organizational, planning, and communication skills. It opened my eyes to the CMA, which is so relevant to what management accountants do day-to-day.
- Lisa Button
Staff Accountant, Dot Foods, Inc.
I think that joining IMA as a student member is probably one of the smartest things that young accountants could possibly do for their careers. IMA holds so many value-adds, from publications and scholarships to thought leadership. For the growing accountant, there’s so much insightful information that carries over to the technical skill set needed at the professional level.
- Ashley Gibson
CMA, CPA, Advisory Manager, Deloitte
IMA Supports You in School and Beyond
As an IMA Student member, you can learn about the role of accountants and financial managers in business and explore your career options. IMA offers Student members access to many of the benefits of regular Professional membership at a significantly reduced rate. To qualify for this membership type you must be enrolled in 6 or more credit hours at a college or university.
Student Membership Benefits Include:
Graduate With Distinction
Why should you take the CMA exam while you’re a student? As many of our CMAs will tell you, the exam is easier to manage while you’re still in school and the material is top of mind. Passing means you’ll get a head start in your career by standing out from your peers. And IMA is happy to support you on the journey—from discounted program fees to CMA scholarships.
Upcoming Recognition Opportunities & Scholarships
We proudly sponsor a variety of award and scholarship programs to help students offset the high cost of education and earn recognition for their achievements.
IMA Memorial Education Fund (MEF) Scholarship AND Stuart Cameron & Margaret McLeod Memorial Scholarship (SCMS)
Deadline for submissions is February 15
IMA Student Case Competition
Deadline for submissions is February 2
Carl Menconi Ethics Case Competition
Deadline for submissions is January 26