Grades

How to get Membership in ICMA?

The highest grade of membership, the CMA, is only available to individuals who complete the CMA preparatory program.

CMA preparatory program is conducted by Accredited Universities; or Recognised Provider Institution (RPIs) of ICMA; or Online.

To undertake the CMA preparatory program individuals must have a degree in accounting, commerce or finance, or an MBA* from a recognised university (see FAQ) or a recognised Professional Qualification in Accounting (see FAQ).

The requirements of all other membership categories are provided below.

There are seven grades of membership within the Association:

  • Certified Management Accountant - entitled to use the designatory letters CMA
    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
  • Associate Management Accountant - entitled to use the designatory letters AMA
    Degree in Accounting, Commerce or Finance, or an MBA*, from a recognised university (see FAQ) or Professional Qualification in Accounting and 3 years relevant experience
  • Graduate Management Accountant - entitled to use the designatory letters GMA
    Degree in Accounting, Commerce or Finance, or an MBA*, from a recognised university (see FAQ) or Professional Qualification in Accounting or completion of the Graduate program
  • Registered Business Accountant- entitled to use the designatory letters RBA
    Degree (Bachelors) in any discipline other than Accounting from a recognised University, or an Advanced Diploma in Accounting from a recognised Technical College (TAFE) or 3 Stages of a Professional Qualification in Accounting or completion of Stages 1,2 & 3 of the ICMA’s Graduate program
  • Registered Cost Accountant - entitled to use the designatory letters RCA
    Diploma in Accounting from a recognised Technical College (TAFE) or 2 Stages of a Professional Qualification in Accounting or completion of Stages 1 & 2 of the ICMA’s Graduate program
  • Certified Accounting Technician - entitled to use the designatory letters CAT
    Certificate in Accounting from a recognised Technical College (TAFE) or Stage 1 of a Professional Qualification in Accounting or completion of Stage 1 of the ICMA’s Graduate program
  • Management Accounting Affiliate - entitled to use the designatory letters MAA
    Open Entry for those interested in the field of Management Accountancy

*The MBA degree must be from an accredited or government recognised University provided the applicant had been admitted to the MBA program after completing an undergraduate degree in any discipline or had an equivalent recognised professional  qualification AND done the subjects Financial Management and Management Accounting (or equivalent) as part of their MBA degree program. Those who were admitted to their MBA program based on experience only, will need to submit their CV to ICMA to evaluate if they can be admitted to the CMA program.

Additionally, there are the following membership grades:

  • Student membership - not entitled to use any designatory letters.
  • Honorary membership - entitled to use the designatory letters CMA: Available for distinguished persons whose services to Management Accounting and related disciplines in the opinion of the Executive Committee merit this award of membership.
  • Fellow - entitled to use the designatory letters FCMA: This membership category is by invitation only for persons who have supported the Institute as a qualified financial member for a minimum period of 15 years and/or has demonstrated ongoing professional commitment by participating in the activities of the ICMA Council or their respective Regional Offices.The invitation to the Fellowship category is either directly by the ICMA Council or via the Regional Directors. Those nominated by a Regional Director must be financial members of the ICMA for at least 5-years at the CMA level and will pay an additional once-off application fee of $80 in addition to their annual membership fees. Those nominated by the ICMA Council, do not need to pay this application fee. FCMAs pay annual membership fees at the same level as CMAs.
  • Honorary Fellow - entitled to use the designatory letters FCMA: This membership category awarded by the Institute for persons of high esteem who have contributed to the development of the profession. Honarary FCMAs are exempt from paying annual membership fees.
  • Management Accountant this is the membership category used for non-financial members. They are not entitled to use any designatory letters;
  • Life Member - entitled to use the designatory letters FCMA: This membership category is by award of the Institute, and for persons of high esteem who have maintained their membership and have contributed to the development and growth of the Institute. Life Members are exempt from paying annual membership fees once Life Membership status is acieved.

 

Membership fees

Details of the current period's membership fees are available in the application form.

 

Qualifications

Only natural persons who satisfy the Institute's relevant educational requirements (or equivalent) and possess the relevant practical experience are eligible to become Members.