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The CMA Part 2 exam focuses on strategic financial management, including financial statement analysis, corporate finance, risk management, investment decisions, and professional ethics. It is the second part of the CMA (Certified Management Accountant) certification by the IMA.
The exam is offered by the Institute of Management Accountants (IMA), a globally recognized body for management accounting professionals.
The official exam code is CMA-Strategic-Financial-Management.
The key topics include financial statement analysis, corporate finance, decision analysis, risk management, investment decisions, and professional ethics.
The exam consists of 100 multiple-choice questions and 2 essay questions.
The total duration is 4 hours — 3 hours for multiple-choice questions and 1 hour for essay questions.
You need a scaled score of 360 out of 500 to pass.
Yes, you must be enrolled in the CMA program and can take Part 1 and Part 2 in any order, though many prefer taking Part 1 first.
CMA Part 1: Financial Planning - Performance and Analytics Exam
Egypt
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TESTED 13 Sep 2025
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