CMA Exam Grading System - PASS ON YOUR FIRST ATTEMPT
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- čas přidán 7. 09. 2024
- CERTIFIED MANAGEMENT ACCOUNTANT EXAM GRADING SYSTEM - PASS ON YOUR FIRST ATTEMPT // Want to take your CMA exam but feel confused about the cma exam grading system? Don’t fret! As your CMA Coach, I’ll share with you the CMA exam grading scale to help you understand what the CMA exam passing score is. Understanding how the CMA exam scoring works, you’ll pay more attention to the CMA scoring in your practice tests using CMA exam questions.
At CMA Exam Academy, I provide my students with their CMA exam grade inside their online test bank, which is part of their cma exam prep material. Are you ready to pass your Certified Management Accountant exam and discover how the CMA exam is scored? Watch this video now!
RESOURCES & LINKS MENTIONED IN THIS VIDEO:
Get a free copy of my CMA exam secrets cheat sheet here:
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EXAM COACHING: Want to pass your CMA exam on your first attempt? CMA Exam Academy is accepting new students who are seriously ready to become CMAs. Nathan Liao (aka the CMA Coach) has coached over 35,000 CMA candidates who came knocking at his door seeking guidance. And just like them, Nathan is here to show you how you can also pass the CMA exam on your first attempt without wasting money or time. For details, click here:
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Thanks for watching! How excited are you to pass your exam?
I took Part 1 first because i knew it was harder than Part 2 :) thx to Nathan and CMA exam academy i passed both parts in my 1st try :)
I'm so happy for your Darko! You did all the hard work and the credit goes to you. I'm glad I was able to be a part of your journey and guide you to exam success.
I have a question!! It is possible hypothetically to score only 50% of multiple choice right and still get a 360?
@@rolandorivera2401 no it's not possible.
I recommend taking Part 1 as it is the hardest. Having an accounting degree is very advantageous for Part 1. I am more worried of failing than passing but that is because I don’t like to be over confident, still waiting on my scores from the June testing window.
Absolutely Mike. For those with an accounting major Part 1 is the best part to start with. As for exam release dates, here's a quick read: cmaexamacademy.com/cma-exam-release-dates-for-2018-heres-the-scoop/ Yours will be released around August 11th.
Hi Nathan, could you perhaps do a video on how to market yourself once becoming a CMA? Such as leveraging with your current employer, or using it in an interview process.
That's a great idea Mitch, thank you! I'll add it to my list of topics and will create a video for it. High five!
If the MCQs constitute 75% of the exam, does it mean that by answering all of them correctly, you would already have 375 out of 500 points and pass the exam without writing the essay? Additionally, is it correct to say that out of the 500 points, 25% or 125 is allocated for the essay?
Hi. To pass the CMA exam, you must score at least 360 out of 500, or 70% overall, between the multiple-choice questions and the essays. The MCQ section counts for 75% and the essays account for 25% of the total score. Passing depends on your overall performance.
You can find more details about it in this article I wrote on my blog: cmaexamacademy.com/cma-exam-passing-score/ref/nathan/
For more specific questions about your exam, please contact the IMA directly as I don't have access to candidates' exams.
Hii sir,
I gave my CMA part 1 exam and at that day my essay window wasn't open and my scaled score is 280 .
Can you please help to resolve the issue why it has not opened?
Hi Harshita. You have to get 50% of the MCQs correct to move on to the essay section.
You can find more details about CMA exam passing score in this article I wrote on my blog: cmaexamacademy.com/cma-exam-passing-score/ref/nathan/
For more specific questions about your exam, please contact the IMA directly as I don't have access to candidates' exams.
that means some questions are weighted differently right?
Liao .. what about the change that happened on the CMA, is that material ??
and what do you prefer, taking the exam in 2019 or 2020 and adapt with those changes ?
thanks in advance ?
Hi Noureldin, the changes in 2020 are big so yes they are material. You still have time to take one exam in 2019 so I would advice you to do it if you have the time. Then take the second exam in 2020.
Good stuff. Handy for my wife who's in this space.
Thanks Scott!
Thanks for making this video!
I appreciate you for watching, thank you!
If spending the right time in the concepts will it easy to crack the exams in first attempts ? And is it problem oriented in the last essay parts ?!
Spending an adequate amount of time will help you study effectively. Essays may include theoretical and/or computational questions.
Hello coach I am anxious can you answer my question? I made it to essay and manage to finish it on time but when the time I will click the finish button the computer went of as an indication that the exam time has ended, according the staff of prometrics it is automatically saved however I am still anxious and skeptic that I was not able to answer a survey form, my questions is, do you think is there a system error during that time and will it affect my performance and chances of passing? Thank you in advance!
Answers are automatically saved.
I took mine 2xs 1st time missed by 2 points ,2x time they changed the company doing the test so every thing was diffrent & asked everthing we didn't learn in school
Michael, Prometric has been the testing center for the CMA exam for a very long time. When did you take both of your exams?
@@Cmacoach my school went from ? Can't remeber the 1 test company, it changed to Ncct i took it june 16th 2018 & April 4th 2019 so all our study pre test got change to new books & the company doing the test?? So i practice from my old books when I went on exturn ship & then they switched names .
We may be chatting about two different certifications. I'm referring to the Certified Management Accountant designation.
@@Cmacoach ugh yes i think we are lol sorry i was talking about Ccma
Hi Nathan
For passing the exam how many hours I have allocate/day considering I'm working on split shift for office with one weekly off.
Ranju, if you plan to self-study then allocate around 25 hours per week for at least 3 months. If you enroll in an instructor-led course then allocate around 15 hours per week and also for 3 months.
how and from where to take practise exams .
To become comfortable with a computer-based exam, get an online test bank to take practice exams. Here’s a list of available study tools. Feel free to pick and choose the ones that fit your needs: cmaexamacademy.com/cma-study-tools/ref/nathan/
Hello Nathan! Your CMA vids are the best here on YT btw. Im planning to take CMA for my career advancement, Im not from accounting major but been working under accounting for the past 6 months. What review materials can you recommend?
Hi Jenny, thank you for your comment. Congrats on choosing to make a career change into accounting, especially management accounting. The best place to start is to read this article: cmaexamacademy.com/how-to-become-a-cma-in-just-over-6-months/ you'll find all the information you need there but happy to answer any questions.
CMA Coach thank you so much for your reply! I’ll go over the article and watch more of your youtube videos
coach plss help me on how to answer the mcq quickly and on time . i take a 2 minutes to answer a question and i m worried if that too much time . plss hel me coach
If you'd like private 1-on-1 coaching support to help figure out next steps, I invite you to check out our CMA Tutoring program: cmaexamacademy.com/product/cma-exam-prep-live-virtual-1-on-1-tutoring/ You'll be matched with a Certified CMA who will help answer all your questions via a private session on Zoom. If you have any questions, hit reply :)
@@Cmacoach I have already enrolled in a coaching centre in India.
@@Cmacoach thanks anyway for yr support
That's great to hear. If you ask your instructor for help, I'm sure you'll get assistance.
Hello sir, Divyansh this side.
Hope you're doing well.
Actually sir I wanted to ask that i gave my CMA part 1 exam yesterday and I was able to reach the essay section but I'm not very sure about my performance so can you please tell what are the chances of passing? I have read on the internet that if you reach the essay section then there is a good chance of passing, the possibility of passing increases. Can you please guide.
Hi Divyansh, thanks for your question. It's hard to predict if you passed or not without knowing how you did in each question of the exam. Reaching the essay section is a good sign though. Fingers crossed and hoping for a passing score.
@@Cmacoach okay sir thank you so much
Does receiving a performance report from the Prometric center with no score or no details on the topics mean you failed when the scores haven’t even been released yet? I am wondering if this is a mistake or does everyone get this email/letter?
Mike, Prometric sent that letter to all June test takers by mistake. Please disregard it.
CMA Coach
I have definitely disregarded it. Passed P1!!!
Is all the 100 mcqs have same weightage?
Yes that's correct.
Hi Coach,
As I saw some percentage given to each section in both part, so can we strictly assume the exams questions will as per their percentage only for example if part 2, section A having 20% then only 20 questions will come from section A and so on...
Hi Navdeep, yes that's correct but with a caveat. Although some sections may have a low percent coverage, it's super important to study all sections diligently. I don't want anyone to think that because a section may be only 10% it's not that important to pass the exam. Every point counts :)
I have scored 240 without essay opened. Why?
Candidates need to get at least 50% of the MCQs correct. Otherwise, the essay section won't open.
@@Cmacoach Is All 100mcq have same weightage Or not?
I am looking to take the CMA exam next year. But , I will be starting a new job and not sure if taking the test in September for one part and the other in Jan will be good or not. Would the material still be the same of would I need to buy new material?
Harrel, the exam wont' change from 2020 to 2021 so the material you get in 2020 will still be good for the 2021 exam :)
How should I crack the question and how should I make preparation for exam
Hi Dilip, practice is key to understanding how to the questions are presented on an exam. The best way is to take practice exams using your test bank. Make sure to score at least 80% or above. You may not score that high at first so take more exams until you do. If you have a test bank to practice with that's great! If you don't, here's a link to get one: cmaexamacademy.com/product/cma-mcq-mastery-combo-parts-one-two/
Hypothetically speaking, is it possible to pass the exam by only getting all of the multiple choice questions correct?
No it's not possible to pass the exam with only one section of the exam. It's a scaled scoring system so points from both sections of the exam are calculated to come up with your final score.
Hey coach! Lots of love from india! I'm looking to join CMA, and just want a clairification. How does this scaling and grading work? Still dont understand the concept of 500 "points". Would appreciate your reply.
Hi Rahul, great question. if my video wasn't clear, here's an article I wrote: cmaexamacademy.com/cma-exam-passing-score/ hope this helps.
I have scored less than 50% in mcq and still i got 270 i don't know , is thing is convincing me .. I don't know what to do
NOT CLEAR EXPLANATION HOW TO CALCULATE 360 OUT OF 500
Is it possible to score 270 and still essay section is not opened . . But y?
Candidates have to get 50% of the MCQs right in order to move forward to the essay section. It's not 50% of 500 points though. There are other considerations to determine a final score. I encourage you to contact the IMA directly if you have questions about your specific score. They'll be able to provide more information than I can.
@@Cmacoach Thanks Nathan, . . I know my 2 Frnds who scored 270 in main exam and still did not get chance to attempt essay section . . So asked u to get to know the details . . 👍
@@BalaBharathkv Any reply from Ima
Will a CMA be given salary according to the scores he scored and no. of attempts he had made?
Ahmad, scores or number of attempts to pass the CMA exam has no consideration in salary negotiations. Employers don't ask for scores or how many times it took you to pass the exam. All that matters is if you are officially certified or not.
@@Cmacoach Thank you sir
do you have tips for those aiming gold or silver on the cma exam?
HI Kristine, taking practice exams with an aim to score 90%+, especially during your final exam simulation.
CMA Coach thank you! im halfway through my cpa journey and plan on taking the cma afterwards. just started watching your videos and applying the sq3r approach in my study sessions. got a 90 in far :) thanks!
loooove it!!!
What is the scaled score of most CMA topnotchers?
The highest score is 500 points with a minimum passing score of 360
Does this mean that you can technically answer all 100 Mc questions correct and then not score at all on the essay and still pass? Obviously that isn’t ideal but want to know
hey Mitch, unfortunately no. Your raw score is converted to a uniform scoring system between 0-500. Passing the exam requires getting a score of 360+. You need to get the most points in both sections to pass. Passing one section, even at 100%, won't get you an overall passing score.
@@Cmacoach so does that mean that each section is worth 500 points and you need to get an average of 360+ between the 2?
Hey coach... Respectivly what is the minimum passing percentage need to score in both mcqs as well as essay type ?
Hello from Puerto Rico, i passed part I in June! took part II today and it was awfully 😔, don't know how i got to the essay part, essays were ok, if i passed to the essays is there any hope? also i have to guess like 6 😔😔
Hey Rolando, como estas? Congrats on passing one part. Fingers crossed for the other. Because you made it to the essay section, it means that you got at least 50% of the MCQs correct. Keep your hopes up and keep me posted when you get your results.
CMA Coach Im good, i hope you are doing well!! Do you know if the CMA have questions in the multiple choice that doesn't count for the grade? And lets supposed that i only get exactly 50% good of the MCQ, if i did well in the essays are any chance for a 360? I dont understand how they grade the exam!!
Rolando, there are 10 non-graded questions in the MCQ section. We don't know which ones those are so do your best with all 100 of them. It's hard to say whether you'll pass or not by getting 50% in the MCQ section and do "well" in the essay section. Essays are graded manually and the grade book is long. My suggestion is not to worry about trying to do "enough" to pass. Study hard and do your best to learn the material.
CMA Coach Made it to pass with 390! CMA in the first try!🙏🏾
@@rolandorivera2401 That's such great news Rolando! You totally deserved to pass after all the hard work you've put into your study program. A huge congrats my friend!
do you think we can pass the exam even though we are not a CPA?
Hi Mitch, yes absolutely! In fact, most CMAs were not CPAs before they took their CMA exam. Being a CPA is not a prerequisite to pass the CMA exam.
Hi Nathan
Your way is so excited
Please I want to know which material shall I follow for part one
?
And is there any chance to complete part 1 this year 2019 ??
Thanks so much
Hi Hussein, thanks for watching! There's still time to take your Part One exam in 2019. But you'd have to get started right away. I say that because you'll need at least 3 months to successfully prepare for one exam.
If you're interested in studying with me, here's a link to check out my instructor-led course for Part One: cmaexamacademy.com/product/premium-cma-coaching-course-part-one/
Is it easy to pass
Sithy, the exam is not easy to pass. The average global pass rate is 35%. But with the right study program it's possible (not easy) to pass the CMA exam.
@@Cmacoach where can i get correct study programme
Sithy, here's a side-by-side comparison of the various options available to you: cmaexamacademy.com/best-cma-review-course-comparison/ Please read it and let me know if you have questions. I'm here for ya!