What To Do If You Fail The CMA Exam

With a global pass rate of a mere 35%, passing both parts of the two-part Certified Management Accountant exam can feel like a daunting task.

With odds in favour of failure, it is important to know what to do if you fail the CMA exam because giving up should never be an option.

Here are four tips to try should you fail your CMA exam.

Identify Your Weaknesses

Start by identifying your weak areas and get honest with yourself. The best way to do this is to get clear on what needs improvement, where you should drive more focus, and when to ask for help.

If you’ve taken the CMA exam during the January-February testing window, probably the topics that were difficult are still fresh in  your mind. Write them down for future reference. The IMA will also send you a letter in a few weeks letting you know the areas that need improvement.

Finding your weaknesses will be your greatest strength. Once you know your sore spots you can start to focus on the areas you find most difficult or frustrating. Break them down to a simple foundation and build on them.

Ask yourself what could you have done differently? Perhaps you didn’t allot enough study time, were not disciplined enough to thoroughly prepare yourself, or didn’t use study techniques that were designed for your style of learning. Perhaps the review course was not the adequate one for you.

By determining where you went wrong and what you can do to fix it, you can save yourself from wasting time focusing on the wrong topics.  Remember that you are only as strong as your weakest link.

Stay Positive

Staying positive is the most important element to your future success. Easier said than done, I know.

If you didn’t succeed on your first try, don’t beat yourself up over it. Thousands of others just like you didn’t either.

It only takes one look at the global pass rate to put things into perspective. After all, you are one of the 65% that did not succeed.

Take this time of self-doubt to reflect on what you could have done better, use it to your advantage to dig deeper and keep yourself determined to try again.

Keeping a positive attitude not only helps throughout the study process but also during the exam, keep telling yourself you can do it and you will!

Correct Poor Study Habits

You will need to assess and correct any bad studying habits that you may have acquired over the years. Studying for the CMA requires a regular study regime. If you are a last minute studier you will need to channel your inner self-discipline and throw out those old and useless study techniques.

For proper preparation you are going to need a good three months to sufficiently absorb and learn all material. If you need a well structured study plan, I give one away for free by simply joining this community using the form below.

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Get Yourself a Study Coach

If you struggle with self-motivation and finding the time to study you may want to consider investing in a coach. They will surely be an asset and drastically increase your chances of success.

A coach provides more than just help. They are there to provide you with expert advice and proven methods to help you succeed.

I have over 11 years  of experience in the accounting/finance field, and have developed a comprehensive study guide with proven techniques to help candidates retain at least 80% of the materials they are learning and much more.

Due to limited time, I’m unable to coach CMA candidates one-on-one, but this study guide has everything you need to pass the CMA exam.

Coaches like myself can help you pass both parts of the exam on your first try. I set candidates up for success by providing a free weekly study plan that will keep you on track and disciplined, and for those who need a bit more guidance, a study guide.

With a step by step study guide highlighting the areas that need the most focus, you won’t waste your valuable time studying topics you won’t be tested on.

Understandably failing can be frustrating, but pick yourself up. Let’s figure out where you went wrong, and learn from your mistakes.

Remember, you’re not alone. Many candidates have been in your shoes, and you will get through this. Just start by taking baby steps, get your hands on a solid study guide, and stay consistent.

Trust me, this is not the end for you. It’s just the beginning.

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32 Comments on “What To Do If You Fail The CMA Exam”

  1. Dear Nathan,
    Thank you so much for sharing your thoughts and experience.
    This week I’m losing focus and trying to get back to track.
    Work, family, kids are my challenges and I felt really bad.
    In this case, what is the best way to stay on the track?

    Best regards
    Aziz

  2. I am kind of confused, I just took part 1 of the cma and I am patiently waiting for my scores lol.. I have read where some receive their scores in two weeks if they failed, so does that mean if I passed I would receive it in 6 weeks?

  3. Thanks for the response. I also have another question that no one seems to know. It is required to get 50% of the multiple choice correct, but mathematically you have no chance of passing even if you have a stellar essay. It makes more sense to say that if you pass 50% of total exam score on the multiple choice section, you move on to the essay. Is this correct?

    1. James,

      75% of the exam score is in the MCQ section and 25% in the essay section. A candidate needs to score at least 50% of total exam score on the MCQ section to advance to the Essay section.

      1. DAER SIR,
        I ATTEMPTED MY CMA PART 2 EXAM IN JUNE BUT FAILED.THIS WAS MY LAST ATTEMPT. PLEASE GUIDE IS THERE ANY WAY TO GET AN EXTENSION OF TIME.
        THANKS KHALIL

        1. Hi Muhammad,

          Please, reach out to IMA directly to check whether they can give you an extension.

          Best of luck!

  4. I just took the CMA part 2 exam this week. Thanks to the information on this website.
    Now I am wondering.. is there anyone who failed the exam even though you get at least 50% of multiple choices and move to the essay section?
    Multiple choice section is 75% and when half of choices are correct, it is 37.5%. Then if you get all points of essay question, it is 25%, totaling 62.5%. If IMA allow getting further at 50% of multiple choices to essays, in my opinion, the grading is very generous on essays and I am now curious how generous the essay grading is and how highly possible to get failed when you pass the multiple section. is there any statistic information about this?

    1. Well, i just received my result and i failed even though i had cleard the MCQs and answered the essays quite satisfactorily in my opinion. my scores were 350/500 which is quite close to the 360 required. I guess not all MCQs carry equal weightage, so it is possible that if you answer exactly 50 questions correctly, you might still end up scoring 60%-70% in MCQs.

        1. 10 MCQ do not count as they are being tested for evaluation purposes to possibly be used in future examinations. Of the 90 that do count, 45 must be correct in order to proceed to the essay section.

  5. Hello!
    Firstly I would like to thank you for everything , secondly , please I have an important question , If someone get 350 degree if there any application to send to IMA ??
    please if there is , tell me how I can do that .
    Thank you

    1. HI Feras,

      You can request a re-grade and in your case, I totally would. Please contact the IMA directly to begin the process.

  6. Hello Nathan
    I sit to CMA Exam in October 2014 and Iam fail with low score 170.
    2016 is my last year in the three years for passing both parts and since my last exam I am not study. I think to pass both parts this year but I am warry. Maybe you ask me why Iam too late to enter the exam for the second time because I hadn’t enough money and I still but I want to challenge my situation but I am Confused.

    1. Hi Alaa,
      I’m so sorry to hear that your exam score was 170, but I commend you for not giving up. My advice is to only take the exam when you are ready. If you rush to it without studying or feeling ready, there may be a chance of failing again. Give yourself a chance to succeed by giving yourself time to study.
      Best of luck!

      Nathan

  7. Hello Nathan,
    I just got my cma part 1 score and I failed with 320/500, I was thinking of taking it again during October 2016, kindly advise if 6 to 7 weeks are enough to re study well in order to pass the exam.
    Thank you

    1. Hi Sandra,

      Yes, I think 6 to 7 weeks is enough to review and prepare for the exam but make sure to focus your weak spots as e-mailed by IMA.

      Thanks and Regards,
      Nathan

  8. I took my test twice already and I fail both times . I really need help on knowing what I can do next to help me the third time .

  9. Thank you for sharing the valuable information about CMA.
    I failed yhe exam. Do you advice to reset for the exam within one months and half or I wait to the next window

    1. Hi Zuhair,

      If you fail the exam in a testing window, you cannot retake the exam within that testing window. You must register for the next one.

      Thanks,
      Nathan

  10. Hi,

    I registered in Oct-2015 and taken part 2 examination twice. But due to some domestic problem was unable to prepared which resulted in failure.

    Now I want to start again, just one thing is confusing me which is 3-year rule.

    According to CMA IMA we have to clear both papers in 3-years. But I have already exhausted my 1.5 years. For my next try do I have to clear both parts in 1.5 years or timer will reset from 3-years again. Help will be appreciated.

    Regards
    Tausif

    1. Hi Tausif,

      You have only 1.5 years to clear both parts. The clock won’t reset after you pass one part.

      It’s still a lot of time. I am sure you can do this!

      Study hard and practice a lot on MCQs and you’ll definitely pass the next time around!

      Cheers,
      Nathan

  11. Hi Nathan,

    I gave part 2.exam and it was easier than part one but I failed at 340. Should i go.for regrade my exam.

    1. Hi Muhammad,

      Although you are close to the passing score, I wouldn’t recommend you to submit your score for re-grading. The ICMA grading process is very rigorous and before the scores are released all marginally failing papers are being reviewed thoroughly to ensure the grade is accurate. Hence the chances of getting an adjustment of 20 points are rather slim.

      Hope this helps.

  12. Hi Natham,

    I have registered as IMA member in June 2015 and i attempted my paper -1 in oct2015 and passed in one attempt. but i failed twice in paper 2 and i am curious to know how three years are considered from date of registering member or from entrance fee date ?

    is there any possibility to request to extend the period from 3 yrs to 3.5 / 4 months this enable me to not to re-appear for paper -1 again which i had passed already.

    appreciate your valuable input to get prepare and pass my paper -2 .

    ibrahim

    1. Hi Ibrahim,

      The clock starts ticking from the moment you pay the CMA entrance fee. I recommend you to reach out to IMA and see whether they can offer you an extension – sometimes they do that.

      Best of luck!

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