“Innovation distinguishes between a leader and a follower.” Steve Jobs
What does it take to become a CMA? It requires discipline, commitment, but most of all, an unwavering enthusiasm to study for the exams.
Passing the exams is not an easy task. This is why CMAs are considered to be an elite group of accounting and finance professionals who truly understand business and commerce.
What are the global average CMA exam passing rates?
The latest reported CMA exam pass rates by IMA were:
Part One – 35%
Part Two – 50%
What does this mean?
As you can see, the exams are very tough, part one being the toughest.
Many have passed though, and so can you!
You need a good study plan, good material to study, and a coach to help you understand the material – that’s why I’m here, to coach you during your studies.
On an earlier post, I talked about what I did to prepare and pass both exams on my first try. By looking at the passing rates above, I’m glad I took Part Two first since the passing rates are higher than Part One. If you’d like to read the entire article, click here.
Let these exam passing rates encourage you to study even harder and reignite your commitment to becoming part of the elite group of CMAs. Set a study schedule and commit to passing both exams on your first try. I’m here to guide you through your exam preparations.
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Until next time,