CMA

  • Creator
    Topic
  • #1991117
    Anonymous
    Inactive

    For those who have taken the CMA:
    What study materials do you recommend?
    How many hours did you study compared to CPA?

Viewing 15 replies - 1 through 15 (of 38 total)
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  • #1991324
    KSingh85
    Participant

    Hi, Helen. I’m also considering either the CMA or Law School. I want to see what the responses are like.

    #1995284
    Anonymous
    Inactive

    bump

    #1997138
    Anonymous
    Inactive

    I used Gleim and felt that the material was both comprehensive and straightforward (without much filler). In terms of studying hours, I did not keep track of them (nor did it with the cpa exam), but if I were to compare my studying time with the cpa exam vs. the cma exam in terms of percentage, I would say the cma exam took more or less like 80% of the studying time (ballpark figure). Overall, I felt it was considerably easier, but I almost ran out of time the two times I sat for the exam. The MCQs that require calculations can be very time-consuming.

    #1997186
    ohiocpacma
    Participant

    I used CPE University for part 1 (gave me CPE credit for CPA) and Gliem for part 2. I also probably spent 70-80% of study time compared to the CPA exam. I don't know if that's because it was easier or that my familiarity with the material since I've spent my career in management accounting/corporate finance (instead of audit or tax). I felt that the CMA exam had more computations though.

    #1997648
    Anonymous
    Inactive

    I used GLEIM for CMA and CPA and passed all 6 tests on the first attempt. As mentioned above, the material is comprehensive and straight forward. I found that an individual CMA exam is more difficult than an individual CPA exam, but since CPA has 4 exams the CPA process is more strenuous as a whole. The calculations can be significantly more in depth and time consuming than anything I saw on any of the CPA exams.

    #1999997
    Anonymous
    Inactive

    I am currently studying for Part 2 with Gleim. I am schedule for Jan to take the exam. @AF @ohiocpacma and @cortes123 how did you use Gleim? I am currently reading a subunit everyday and watching a lecture. I started to study in Sept and hope to be done with book in November. Once I am done with book, I will probable to 20-30 MCQs a day for the month of December. I had a real tough time with chapter 3 with all the ratios. I was not the best test taker in college. Any suggestions would be greatly appreciated

    #2000858
    jcornelio116
    Participant

    Hi what did you think of CPE University CMA review? If you had the a choice would CPE university or Gliem?. I am undecided not sure which one. Wiley is way to expensive… Thanks

    #2001857
    Eric
    Participant

    Hock International – hands down the best in my opinion. I wasn't able to finish studying for the exams because I had a job/career change, but while I was hitting the books, Hock had it down path.

    Btw, I have Gleim too. I sent them a nasty note about how I thought their materials were garbage, but it's been 6-7 years since. My hock materials are still up to date 🙂

    #2004734
    ohiocpacma
    Participant

    @Jcornelio116 CPE University was fine. It was in a video format and you could interact with the instructor. The area it lacked was the amount of practice questions available compared to Gleim. It did not matter to me as much on part 1 because I had more experience with the material compared to part 2.

    #2006174
    OnmywaytoCPA
    Participant

    I passed Part 1 with a 360 using Gleim, but I still had a lot of concepts that were still fresh in my head from FAR. I used Gleim for Part 2 but I failed with a 350. I am supplementing Gleim with the Hock Lectures to help me understand the material a little better. Gleim's Part 2 lectures/materials are not that detailed.

    REG - 74, Retook 6/10/16, scored a 72 (Hate this exam)
    BEC - 69, 79, 8/1/15
    AUD - 83, 4/4/15
    FAR - 77, 2/27/16

    #2008319
    Anonymous
    Inactive

    @anthony.barry43 I read a chapter then do a bunch of MCQs and move on. Trying to limit it to 40-60 MCQs. No lectures (waste of time). Once done do 1k-1.5k MCQ. There are a bunch of long MCQs that are good substitutes for the SIM/Essay portion. It's a good idea to practice some of the essays with calculations, since unlike the CPA exam you will be asked to show your work and/or explain what you did. You should be comfortable doing that. Generally though, MCQs are by far and away the most efficient use of your time.

    For each test I also created a formula sheet that I wrote out repeatedly until memorized and wrote it on my scratch book as soon as the exam started.

    #2010275
    mtaylo24
    Participant

    Still chipping away. I took Pt. 1 with Hock Q1 this year and didn't pass. I did buy Gleim and I like it much better, but still probably won't take it until Q1. I have been too busy with other things to focus on the CMA, but I need to take it since I paid for the materials and paid all of the IMA fees.

    AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
    REG - 55 (2/16) 69 (5/16) Retake(8/16)
    BEC - 71(5/16) Retake (9/16)
    FAR - (8/16)

    #2011379
    Anonymous
    Inactive

    @AF thanks so much for the advice. It is extremely helpful. By doing1k-1.k MCQs do you mean doing 1,000 to 1,500 MCQs from the Gleim test bank?

    #2321817
    mtaylo24
    Participant

    Just found out that I passed part 1 with a 380! So glad that I don't have to take that one again!

    AUD - 1st - 60 (12/12), 61 (2/13), 61 (8/13), 78! (11/15)
    REG - 55 (2/16) 69 (5/16) Retake(8/16)
    BEC - 71(5/16) Retake (9/16)
    FAR - (8/16)

    #2324226
    Jimmy Dugan
    Participant

    For anyone that's passed CMA, did it add to the body of knowledge you picked up with the CPA exam? I have looked into it some and there is significant overlap in most of what I've read. My employer will pay for prep and I'm just wondering how worthwhile it is for someone who has already passed the CPA exams.

Viewing 15 replies - 1 through 15 (of 38 total)
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