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CMA Part 2

A full CMA Part 2 plan: IMA rules checked, entry and booking sorted, a calendar across the six sections, daily questions, weekly essays, timed mocks, exam day and the steps to certification.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Then open the Marketplace in the app, search for CMA Part 2, and click Install. It goes into your own files, and works offline from then on.

What it installs.

1

Pillar

1

Area

50

Projects

200

Starter tasks

🎓 Finance & Business Certifications

CMA Part 2

Studying for CMA Part 2, Strategic Financial Management: financial statement analysis, corporate finance, decision analysis, risk, investment decisions and professional ethics.

  1. IMA Part 2 rules and content outline check
  2. IMA membership and CMA programme entry
  3. Part 2 order and testing window decision
  4. Part 2 exam registration and seat booking
  5. Maths and Part 1 foundations readiness check
  6. Approved calculator set up for NPV and ratios
  7. Review course and question bank choice
  8. Weekly study hours budget for Part 2
  9. Part 2 study calendar across the six sections
  10. Weekly study block routine
  11. Daily multiple-choice question set
  12. Error log for missed Part 2 questions
  13. Learning outcome statement coverage tracker
  14. Weekly essay scenario under timed conditions
  15. Formula and ratio sheet in your own hand
  16. Practice score log and monthly progress review
  17. Study partner accountability check-in
  18. Liquidity, solvency and activity ratios
  19. Profitability, DuPont and earnings quality
  20. Foreign currency, inflation and off-balance-sheet effects
  21. Risk, return, CAPM and the cost of capital
  22. Long-term financing, dividends and share buybacks
  23. Cash, receivables, inventory and short-term credit
  24. Mergers, restructuring and international finance
  25. Cost-volume-profit and breakeven analysis
  26. Marginal analysis for special orders, make or buy and constraints
  27. Pricing methods, target costing and price elasticity
  28. Enterprise risk management and risk responses
  29. Capital budgeting cash flows, taxes and inflation
  30. NPV, IRR, payback and ranking competing projects
  31. Sensitivity, scenario, simulation and real options
  32. IMA ethics statement and organisational ethics scenarios
  33. Essay answer layout that earns partial credit
  34. Weak section recovery plan
  35. Time split between multiple choice and essays
  36. Deferring to a later testing window
  37. First full-length timed mock exam
  38. Last 30 days revision plan
  39. Final mock exam fortnight
  40. Exam day logistics at the test centre
  41. Score report and next-step decision
  42. Part 2 as a final-year university student
  43. Part 2 alongside a full-time finance job
  44. Employer sponsorship and study leave request
  45. Sitting Part 2 from a small island or far from a test centre
  46. Retake plan after an unsuccessful Part 2 attempt
  47. Part 2 from an operations or engineering background
  48. CMA education and experience evidence for certification
  49. Continuing education and ethics hours after certification
  50. Capital investment appraisal for a real decision at work

Where it starts.

Each project arrives with its purpose, milestones and first tasks written out. Here is how the first three read.

IMA Part 2 rules and content outline check

IMA revises the CMA content specification outline, exam policies and fees from time to time, and prep books written for an earlier outline can be wrong about all three.

First tasks

  • Download IMA's current Part 2 content specification outline
  • Write down the exam format and essay rules exactly as IMA states them
  • Record the current fees in your own currency with the date checked
  • Recheck IMA's CMA exam pages for outline or policy changes @recurring(quarterly)

IMA membership and CMA programme entry

Candidates sit a CMA part only after joining IMA, paying the CMA entrance fee and registering for that part, and the entrance fee usually starts a fixed period in which both parts must be passed. Working out which membership category fits you (student, academic or professional) and when to enter the programme stops that clock starting before you are ready to study.

First tasks

  • Check which IMA membership category you qualify for and its price
  • Confirm how long IMA allows to pass both parts after the entrance fee
  • Join IMA and pay the CMA entrance fee once your study start is fixed
  • Renew your IMA membership before it lapses @recurring(yearly)

Part 2 order and testing window decision

The two CMA parts can be taken in either order, and many candidates choose Part 2 first because it builds on corporate finance they studied recently, while others want the cost and budgeting groundwork of Part 1 behind them. Deciding the order and the testing window together, against your work year-end, university exams and family dates, turns a vague plan into a countdown with honest study weeks in it.

First tasks

  • List IMA's next testing windows and their registration deadlines
  • Mark year-end, audit season, university exams and travel on one calendar
  • Count the realistic study weeks before each window
  • Write down the window and part order you chose and why

Make it yours.

Install CMA Part 2, then tell Aurum the date you're aiming for. It checks whether the plan fits the weeks you actually have.

Free · Mac (Apple silicon) and Windows · v1.0.0 · Other platforms

Blueprints are general information to help you organise your own work. They are not medical, financial, legal or other professional advice. See the Terms.