The CMA is the flagship program of the ICMA. On completion, participants will have developed advanced skills of analysis, evaluation and synthesis in the areas of strategic cost and management accounting and business analysis; and, in the process, obtained an in-depth awareness of the current developments in the profession.
The programme can only be taken by a Graduate or Associate member of the Institute; or a student member who has met the pre-requisite entry requirements of the program.
Course Philosophy
The programme is not designed as one in which highly structured methods and rules are applied to various topics in order to find one “correct” solution or answer for problems or issues. Rather, it is more a possibilities quest, in which various controversial conceptual and practical issues will be reviewed and analysed, with due recognition to the reality of alternative value judgements. Given the history of recent developments in the profession and business practices, this approach to the study of the subject of strategic management accounting and business analysis is considered feasible and warranted.
Furthermore, evidence is available that in managerial accounting and business analysis, procedures continue to evolve and develop. Much of this dynamic activity is in response to changing business practices and policies and the complexity of modern firms.
The GMA conversion programme (Honours degree level) and the CMA program (Masters degree level) are designed to be equivalent to 6 subjects at the postgraduate level of most Universities in Australia and internationally.
CMA Program Overview
The CMA Programme consists of two post-graduate level subjects, namely:
ICMA’s Certified Management Accountant (CMA) credential has been assessed for equivalency on the New Zealand Qualifications Framework (NZQF) at the Level 9 (Master’s Degree) by the
New Zealand Qualifications Authority (NZQA).
For more information about the New Zealand Qualifications and Credentials Framework (NZQCF) click here.
The Institute has obtained industry and university recognition of its education programmes in terms of quality of content and of delivery.
Entry Requirements
Degree in Accounting, Commerce or Finance, or an MBA, from a recognised university (see FAQ) or Professional Qualification in Accounting, completion the CMA preparatory program; and 5 years relevant experience.