The following practical experience levels are required by the Institute :
· for Certified Management Accountant (CMA) membership - five years approved experience in a senior and responsible Management Accounting position
· for Associate Management Accountant (AMA) membership - three years approved experience
· for Graduate Management Accountant (GMA) membership - no experience requirements apply
· for Registered Cost Accountant (RCA) and Registered Business Administrator (RBA) membership - no experience requirements apply
Graduate members fulfilling the educational and experience requirements of the above membership categories may use the CMA or AMA post-nominals after their name.
Obtaining Practical Experience* :
To obtain your practical experience a Graduate member needs to be employed in a job that enables him or her to attain a broad balance of experience in the four educational areas specified earlier. A wide range of employers in industry, commerce or the public service sector have the potential to offer appropriate training to the Institute's graduates.
The Institute accredits a number of employers with registered Continuing Professional Development (CPD). A CPD is a structured training programme which aims to support a member throughout his or her working life with the continuing education needs of the profession. For more information, please refer to the CPD page.
Under the Institute's 20-year rule, practitioners of management accounting who have had over 20 years experience at a senior level (e.g. at CFO or CFA levels) could apply for CMA membership without examination, provided they undertake the coursework requirements and assessments of the CMA program.
*Relevant experience in management accounting is broadly defined to include the gaining of experience in the provision of information in a wide range of managerial functions including costing, pricing, marketing, strategy, financial analysis, logistics, information systems, etc. |
