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Candidates are given 3 hours to complete the multiple choice section and one hour to complete the essays. Candidates must show their work for the essay questions in order to receive credit. Parts 1 and 2 of the CMA exam are scored on a scale of 0–500 with a candidate's raw score converted to a uniform scaled score against all exam candidates.
CMA candidates (without advanced professional standing) must have obtained a university degree and have credits in a specified list of subjects, before they can write the CMA Entrance Examination. [20] Upon passing this stage, they then enter the Strategic Leadership Programme ("SLP"), [21] which has the following components: [22] Development Phase
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The CMA is a well-recognized certification among employers. CMA has better Career in Management Accounting than institute of Cost Accountants in SAARC nations. In its latest salary survey, IMA finds the median income for CMAs is about 28% higher in the U.S. than for their peers without the designation. [14]
United States - US schools do not typically have a leaving exam, but they do exist. For a general resource on exit exams at different levels in the US, see this page on exit examinations. Most US high schools use a High School Diploma to designate successful completion of the secondary school requirements of their locality.
Ministerial Examinations — taken in grade 10 and 11 level subjects. Exam mark is worth 50% of the final grade. However, the final grade cannot be lower than the ministerial exam mark. For instance, if a student earns a 70% in the course, but an 80% on the exam, their final grade will be an 80%. [18] [19]
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