One of the toughest credentials to bag for management accountants is the Certified Management Accountant (CMA) credential. To appear for the exam, you must have a bachelor’s degree in a field that is close to accounting or any professional accounting certification with two years of work experience. The CPA exam consists of two parts – financial accounting and strategic management.
The CMA exam is by no means easy and to crack it quickly and on the first attempt, you will have to take the help of the best CMA study material. However, with more than a dozen of them available in the market, deciding on one that aligns with your learning style and budget can be a tough call. Before reaching for your wallet and buying a CMA study material, evaluate thereputation, pricing, free trials, guarantees, the volume of course materials, test banks, and the extent of access to instructors online.
Here are some top study materials for the CMA exam.
Gleim
Gleim offers three prep packages for the CMA exam - Premium CMA Review ($1,599), Traditional CMA Review ($1,349), and Mega Test Bank ($999). You can check out the Gleim free demo of the Premium CMA Review with unlimited access to one exam topic.
Both the Premium and the Traditional Packages have a test bank with thousands of questions, books, online reviews, full-length exam rehearsals, study planners, and audio lectures. Extras in the Premium are videos, digital flashcards, and access until you pass guarantee. The downside of this CMA study material is that there is no live instruction.
Wiley Efficient Learning
The Wiley CMA study material offers two packages - Platinum Course ($1,499), and the Pro Course ($2,199) with financing options through Citizens Bank. College students get a 20% discount.
All the courses have access to the learning platform, access until you pass, a mobile app, and video lessons. But what sets the course apart from the competitors is the many benefits offered by the Platinum course – a massive 5,500 multiple-choice questions, an online test bank, a final review, digital flashcards, and instructor mentoring.
CMA Exam Academy
The complete CMA study material is offered by the CMA Exam Academy for a $499 down payment and three monthly payments of $329, for a total cost of $1,394. If you pay the entire amount in one go, you are eligible for a 22% discount. You can check out the sample lessons before buying the course but the demos are not as robust as the competitors.
In this CMA study material, you get physical and digital books, review lectures, a test bank of over 3,000 questions, and more. Additionally, you get unlimited one-on-one coaching via email, weekly assignments with accountability emails, and a 100% pass guarantee, assuming you completed all course material.
There are many more courses available that you can check out before coming to a buying decision.