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FMAA™ – Financial and Managerial Accounting Associate
🌐 What is FMAA™?
The Financial and Managerial Accounting Associate (FMAA™) is an entry-level professional certification awarded by the Institute of Management Accountants (IMA®).
It is designed to validate fundamental knowledge in financial and managerial accounting, including financial reporting, budgeting, cost management, and ethics.
Unlike CMA®, the FMAA™ does not require prior work experience, a bachelor’s degree, or IMA membership, making it highly accessible for:
- University students
- Fresh graduates
- Early-career professionals starting in accounting or finance
Why FMAA™?
- Global Recognition: Credential from IMA®, the same institute that awards CMA®.
- Career Foundation: Builds credibility in accounting & finance fundamentals.
- Affordable & Accessible: Lower cost compared to other professional certificates.
- Quick Achievement: Only one exam, completed within 2 hours.
- Step Towards Advanced Certifications: Ideal preparation before CMA®, FMVA®, or DipIFR®.
- Practical Skills: Covers real-world financial analysis, planning, budgeting, and performance measurement.
👩🎓 Who Should Pursue FMAA™?
- Students in accounting, finance, or business fields who want to strengthen their CV before graduation.
- Fresh Graduates seeking a competitive advantage in the job market.
- Professionals from non-financial backgrounds (e.g., engineers, entrepreneurs) wanting financial literacy.
- Anyone considering pursuing CMA®, FMVA®, or DipIFR® later and needs a stepping stone.
📝 FMAA Content:

📝 Exam Details
| Category | Details |
| Issuing Body | IMA® (Institute of Management Accountants) |
| Content Areas | – 25%: Financial & Managerial Accounting Fundamentals |
| – 25%: Financial Statement Preparation & Analysis | |
| – 20%: Planning & Budgeting | |
| – 20%: Cost Management & Performance Measurement | |
| – 10%: Professional Ethics | |
| Exam Format | – 80 Multiple-Choice Questions |
| – Duration: 2 hours | |
| – Computer-based, at Prometric centers | |
| Scoring | – 0 – 300 scale |
| – Pass mark: 200 | |
| Languages | – English: Continuous Testing (year-round) |
| – Arabic: Selected testing windows (e.g., Sep 2025 – Jan 2026 – May 2026) | |
| Fees | $299 (one-time exam fee) |
| Requirements | No prior degree, work experience, or IMA membership |
| Validity & Renewal | – Annual fee: $49 |
| – 15 CPE hours yearly (including 1 ethics hour) |
Course Information:
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Lessons : 15
-
Duration : 60 Hours
-
Students : +130
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