Lahiru Prasanna Silva Jun 24, 2026

How Long Does It Take to Complete the CMA Course, and What Are the Costs Involved?

Most candidates complete the CMA (Certified Management Accountant) certification in 12 to 18 months, and the total cost typically ranges from $1,000 to $1,700, depending on membership type and study materials. Here's a detailed breakdown of the timeline and every fee involved.

What Is the CMA Certification?

The CMA is a global credential for management accountants, offered by the Institute of Management Accountants (IMA). It focuses on financial planning, performance management, and strategic decision-making rather than public accounting or auditing. Earning it requires passing a two-part exam, holding a bachelor's degree, and completing two years of relevant work experience.
 
Before starting your CMA journey, it is important to understand the complete CMA eligibility requirements including education, examination, and work experience criteria.

How Long Does the CMA Certification Take to Complete?

On average, candidates take 12 to 18 months to complete the CMA program, though the IMA allows up to 3 years from the time you pay your entrance fee to pass both exam parts.

The timeline depends on a few factors:

  • Study pace: Most candidates spend 150–170 hours preparing for each exam part. That works out to roughly 6–8 hours per week over a 4–6 month stretch per part, if you're studying alongside a full-time job.
  • Work experience: If you haven't yet completed your two years of relevant experience, you can still take the exam, but certification is only awarded once the experience requirement is met (within seven years of passing).
  • Exam scheduling: The CMA exam is offered during three testing windows each year (January–February, May–June, and September–October), so your personal schedule can affect how quickly you sit for both parts.
  • Order of parts: Some candidates choose to take the part they feel more confident about first, to build momentum and reduce the psychological pressure of starting with the harder section.
  • Retakes: If you don't pass a part on the first attempt, you'll need to wait for the next testing window and pay the exam fee again, which can add several months to your overall timeline.
Candidates enrolled in a professional CMA course in Dubai or CMA course in Qatar often complete both exam parts within 12 to 18 months through structured study plans and expert guidance.

A realistic breakdown for a working professional might look like this:

Stage Typical Duration
Joining the IMA and registering 1–2 weeks
Studying for Part 1 3–5 months
Sitting for and passing Part 1 Within a testing window
Studying for Part 2 3–5 months
Sitting for and passing Part 2 Within a testing window
Fulfilling experience requirement (if not already met) Up to 7 years post-exam

Candidates who study consistently and take both parts within the same year often finish faster, while those balancing full-time work, family obligations, or a first attempt at a harder section may take the full 18 months or longer. Full-time students with fewer competing commitments sometimes complete both parts in under a year.

What Are the CMA Membership Fees?

Before registering for the exam, you must join the IMA. Membership fees vary by status:

  • Professional members: around $295 (plus a one-time $15 processing fee)
  • Academic members: around $160
  • Student members: around $49

Membership category is determined by your current status. Full-time students enrolled at an accredited institution qualify for the lowest rate, faculty and academic staff fall under the academic tier, and working professionals pay the standard rate. Choosing the correct tier matters because it affects every fee that follows, including the entrance fee and exam registration costs.

Once certified, CMAs must keep their IMA membership active to maintain the credential. Renewal is billed annually and is lower than the initial joining fee, though the exact current rate is best confirmed directly on IMA's membership page, since it's subject to periodic revision.

Comprehensive CMA training in Dubai and CMA training in Qatar can help candidates stay on track with study schedules and improve first-attempt pass rates.

 What Is the CMA Entrance Fee?

After joining the IMA, candidates pay a one-time entrance fee to enter the CMA program. This grants access to the exam, study support materials, and a review of your education and experience credentials.

  • Professional members: $300
  • Student/academic members: $225

This fee is valid for three years, during which you must complete both exam parts.

How Much Does Each Part of the CMA Exam Cost?

The CMA exam has two parts, and each part is paid for separately:

  • Professional members: approximately $545 per part
  • Student/academic members: approximately $407 per part (for those with at least six credit hours in the relevant semester)

If you fail a part and need to retake it, you'll need to pay the same exam fee again for that part; there's no separate "retake fee." There is also a Prometric rescheduling/cancellation policy to be aware of: changes made 46+ days before your appointment are free, changes made 5–45 days out incur a non-waivable $70 fee, and cancelling with less than 5 days' notice forfeits the entire exam fee, requiring a new registration.

Most providers offering CMA training in Dubai and Qatar include exam preparation support for both parts of the CMA examination.

What Is the Total Cost of CMA Certification?

Adding membership, entrance fee, and both exam parts together, most sources place the total cost in 2026 at roughly:

  • Students/academics: $1,000–$1,070
  • Professionals: $1,400–$1,700

This does not include study materials or review courses, which can range from $200 to $2,000 depending on the provider and format chosen (self-study vs. guided review course).

Here's a simplified cost comparison by category:

Fee Type Professional
Student/Academic
IMA Membership ~$295 ~$49–$160
CMA Entrance Fee $300 $225
Exam Fee (per part, x2) ~$545 each ~$407 each
Estimated Total ~$1,400–$1,700 ~$1,000–$1,070

 Keep in mind that exchange rates and regional pricing can shift these numbers for candidates outside the U.S., so it's worth checking the IMA's official site for fees in your local currency if you're applying from abroad.

 Are There Additional Costs After Certification?

Yes. Maintaining an active CMA certification requires:

  • Annual IMA membership renewal (rate is lower than the initial joining fee, check IMA's site for the current figure)
  • 30 hours of Continuing Professional Education (CPE) annually, including at least 2 hours in ethics

Some CPE courses are free through the IMA, while others with added materials or credentials can cost a few hundred dollars per year. Candidates who pursue paid CPE options report annual costs of up to $1,200, though many fulfil the requirement at little to no cost using free IMA webinars and resources.

It's also worth factoring in indirect costs, such as time away from billable work if you attend in-person review sessions, or subscription costs for ongoing access to a review course's question bank if you choose a multi-year plan.

Is the CMA Exam Difficult?

The CMA exam has a pass rate of around 45–50%, making it a genuinely challenging credential. Thorough preparation, ideally 150–170 hours per part, significantly improves your odds of passing on the first attempt and avoiding retake fees.

Part 1 tends to be more numbers-heavy, covering cost management, budgeting, and internal controls, while Part 2 leans into strategic and qualitative topics like corporate finance, risk management, and professional ethics. Many candidates find one part noticeably harder than the other based on their existing background; those with a stronger accounting foundation often find Part 1 more intuitive, while professionals with finance or strategy experience may gravitate toward Part 2.

Because the stakes of failing are both financial (retake fees) and time-related (waiting for the next testing window), most successful candidates treat exam prep as seriously as a part-time commitment rather than something to fit in during spare moments.

Despite its challenging nature, professionals pursue CMA certification because of the strong career growth opportunities and competitive CMA salary in Dubai and CMA salary in Qatar.

What's the Best Way to Budget for the CMA Journey?

To plan effectively:

  • Confirm your membership category (student, academic, or professional) since it affects every subsequent fee; this is the single biggest lever for reducing your overall cost.
  • Set aside funds for a review course if you want structured support. While self-study is cheaper upfront, a review course can reduce the likelihood of a costly retake.
  • Factor in the annual renewal fee and CPE costs even after certification, since these are ongoing and easy to overlook when budgeting only for the exam itself.
  • Build in a buffer for at least one retake, especially for your first exam part, given the 45–50% pass rate. It's better to budget conservatively than to be caught off guard.
  • Check for employer reimbursement programs. Many companies, especially those with finance and accounting teams, offer to cover part or all of professional certification costs.
  • Watch for IMA promotions or scholarships. The IMA occasionally runs discounted entrance fee periods or scholarship programs for students, which can meaningfully lower your total spend.
Candidates seeking instructor-led preparation can explore professional CMA classes in Dubai or CMA classes in Qatar for personalized guidance and exam-focused learning.

Choose CMA Course that Fit Your Locations:

Looking for CMA certification training near you? Edoxi provides expert led CMA courses in major cities across the Middle East and Africa. Choose your location and explore dedicated CMA training programs tailored to your region.

The CMA certification is a meaningful investment of both time and money, but the timeline and costs are predictable if you plan. Budgeting for membership, entrance, exam, and ongoing renewal fees, while committing to consistent study, can help you complete the journey within 12 to 18 months.

For the most current fee structure and exam dates, check the IMA's official CMA certification page.

Do you aspire to work in Finance Department?

Join Edoxi CMA Training to learn the best practices!

 
CMA (Certified Management Accountant) certification is one of the most sought-after global credentials for professionals pursuing careers in accounting, finance, and business leadership. Candidates typically complete the certification within 12 to 18 months through structured CMA courses, training programs, and classes available in Dubai, Sharjah, and Qatar. Before starting their CMA journey, candidates should understand the CMA eligibility requirements, certification costs, examination process, and career opportunities. With increasing demand for certified management accountants across the GCC region, earning a CMA certification can lead to enhanced career growth, leadership opportunities, and competitive salary prospects in Dubai, Sharjah, and Qatar.

FAQs

How long does the CMA course take?

Typically 12 to 18 months, with a maximum of 3 years allowed to complete both exam parts after paying the entrance fee.

How much does the CMA certification cost in total?

Roughly $1,000–$1,070 for students and academics, and $1,400–$1,700 for professionals, excluding study materials.

Do I need to pay every year to keep my CMA active?

Yes. An annual IMA membership renewal fee and 30 hours of CPE are required each year. Check imanet.org for the current renewal rate, as it's subject to change.

Can I retake the CMA exam if I fail a part?

Yes, but you must pay the full exam fee again for that part (same rate as the original attempt), and you'll need to wait for the next available testing window.

Is a review course necessary?

It's optional but recommended, since the exam has a 45–50% pass rate. Review courses can cost between $200 and $2,000.

Can I take CMA Part 2 before CMA Part 1?

Yes. The IMA allows candidates to take the two exam parts in either order, so you can start with whichever section matches your strengths.

Does my employer's CMA reimbursement count as part of the cost I should plan for?

Not directly, but it's worth checking before you budget. Many employers reimburse all or part of certification costs, which can significantly reduce what you personally need to set aside.

CMA Trainer

Lahiru Prasanna Silva is an expert CMA trainer at Edoxi Training Institute, Dubai. He has over 20 years of practical experience in the finance industry and 18 years of dedicated training expertise.Throughout his career, he has successfully trained more than 20,000 students, equipping them with the skills and knowledge needed to excel in their professional journeys.

His deep understanding of finance and passion for teaching have made him a trusted mentor for aspiring CMA candidates.With a special interest in teaching, Lahiru combines his core expertise in education with his extensive finance background to deliver comprehensive training programs. His commitment to student success ensures that participants gain both theoretical knowledge and practical insights, enabling them to excel in their CMA certification exams and build successful careers in financial management.

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