Thank you for checking out my comparison of the Best CMA review courses: Gleim, Wiley, ExamMatrix, and Hock. I have personally tested, analyzed, and used these four major CMA review courses so you won’t have to! In an effort to provide you with the most honest and unbiased analysis possible, I have tested each of
these systems and have an in-depth understanding of their strengths and weaknesses. I have also asked CMA candidates who have used these review courses and incorporated their feedback in my analysis.
In a market where everyone claims to be the best, it is important to realize that there is no single review course that is “the best”. Each course caters to a different type of student so the most important thing is to find the one that best fits your learning style, budget and schedule.
Gleim CMA Review
Exam Simulation Close to the Real Thing: It’s very important to practice mock exams in the same format as it will be presented to you on exam day. Gleim does an excellent job at providing the candidate with a simulation that very closely resembles the exam.
Your Own Personal Counselor: Gleim includes in its Gleim Online package a counselor that can help you with any questions that you may have. If you get stuck on a practice question in the simulation, the counselor is readily available to help you. This is a great feature for those of you who would prefer to have someone available to answer questions and offer guidance.
Money-back Guarantee & Price of Textbooks: Gleim offers a money-back guarantee if you don’t pass the exam. For those of you who need that type of guarantee, you will only find that Gleim offers it. All other publishers don’t offer it. The cost of their textbooks is only $289.90 for both parts making Gleim the most affordable.
Accounting Background a Must: In order to make the most out of Gleim’s CMA review course, it’s important that you have a background in Accounting or Finance. Many candidates had to buy more resources to help them understand the concepts in the CMA.
No CMA Assumed Knowledge Guide: Gleim does not have a CMA assumed knowledge guide to help candidates understand concepts at a deeper level. A guide of this type is even more important for those candidate who don’t have a strong background in Accounting and Finance.
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Wiley CMAexcel Review
Questions in Textbooks: Unlike the other learning systems, Wiley includes over 175 multiple-choice questions and 53 retired essay questions in the textbooks. This is a great way to test your knowledge as you study without having to buy a test simulation bank right away.
Packet of Essay Questions: In addition to the essay questions that are included in the textbooks, the learning system also includes a packet of retired essay questions to continue practicing your comprehension and speed.
Exam Simulation: Their online exam simulation resembles very closely to the actual exam giving the candidate an opportunity to get acclimated to the exam format.
Cost: The cost of Wiley’s learning system is the most expensive costing $999 (after a 10% discount). Compared to Gleim and Hock, the system is a little more expensive. However, it is the only review system endorsed by the IMA.
No Money-Back Guarantee: Among Gleim, and Wiley, only Gleim offers a money-back guarantee.
Exam Simulation Close to the Real Thing: It’s very important to practice mock exams in the same format as it will be presented to you on exam day. ExamMatrix does an excellent job at providing the candidate a simulation that very closely resembles the exam.
Adaptive Learning Method: This is the secret sauce in their review course. This is the main feature that sets them apart form the rest. This method adapts to you and helps you focus on the weak areas so that you will perform better in the real exam.
The Most Affordable CMA Review Course: Using ExamMatrix 10% discount extended to everyone in the CMA Coach community, their entire review course becomes the most affordable compared to the rest. The coupon code to use to get the discount will be revealed very soon.
Accounting Background Necessary for Faster Learning: The textbooks are concise and to the point, which works great for candidates with a background in accounting, finance, or business. If you have this type of background, the course will accelerate your learning.
No CMA Assumed Knowledge Guide: ExamMatrix does not have a CMA assumed knowledge guide to help candidates understand concepts at a deeper level. A guide of this type is even more important for those candidate who don’t have a strong background in Accounting and Finance.
Full Suite of Materials: Hock has a very extensive CMA learning system including live class recordings, video lessons taught by Bryan Hock, flashcards, exam simulations, assumed knowledge guide, and in-depth explanations of each topic covered in the exam.
Teacher Support: With the purchase of their material, you also get access to their Teacher Support hotline. Questions about the exam simulations and content on the textbooks are answered by their representatives.
Pass Guarantee Plus: If you meet Hock’s requirements and still fail the exam, they will pay for your exam re-take fee.
Quality of Audio Recording for Part 2: The quality of the audio lessons in Part 2 could improve. There is too much echo in the background making the sound somewhat aggravating.
No Personal Counselor: Hock does not provide candidates with a one-on-one personal counselor like other publishers do. However, Hock offers a teacher support forum to assist you with questions.
In addition to your review course, the CMA Coach Study Guide is a must-have resource. In it, I share my tips and techniques that will help you pass the CMA exam on your first try, Guaranteed! I know it works because I passed on my first try.
The CMA Exam Academy combines the flexibility of self study materials with instructor led teaching and group coaching so you get the best of both worlds. Furthermore, you are led by someone who actually knows what it’s like to prepare for the exam and pass on the first try…me!