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Huizenga College of Business Students

Certified Management Accountant (CMA®) Exam Preparation Program

Part I: 5 Saturdays | 3 CEUs
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CMA Logo IMA Logo

Amazing career potential.
CMA® (Certified Management Accountant) is the advanced professional certification specifically designed to measure the advanced accounting and financial management skills that drive business performance in today's complex and challenging business environment. The CMA is tailor-made for finance professionals at all levels whether you want to enhance your value to your current organization, or expand your career potential. Earning the CMA will make you part of a network of more than 30,000 credentialed peers worldwide.

Why is CMA the Essential Credential?
CMA is the credential that focuses specifically on financial planning, analysis, control, and decision support, as well as professional ethics—the critical skills for today's complex and changing business environment.

Leading employers seek to hire and promote CMAs. Companies such as 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, ConAgra, Hewlett-Packard, Johnson & Johnson, Microsoft, Procter & Gamble, and Verizon have CMAs in key management roles. CMAs have demonstrated both technical competencies and an understanding of the linkage between strategy and financial performance and are grounded in a firm commitment to upholding strict professional ethical standards.

The CMA is the certification that can deliver a tangible return on your investment. Professionals with a CMA can earn nearly $25,000 more in average total compensation annually than non-certified peers*.
*(IMA Annual Salary Survey, 2010)

The CMA program responds to the needs of busy professionals with a choice of flexible learning formats including the live instruction program offered here at Nova Southeastern University on Saturdays. Upon completing a course, CMA candidates may sit for the exam at Prometric Testing Center locations worldwide.

To become certified, a candidate must pass both parts of the CMA exam, be a member of IMA©, hold a bachelor's degree, and have two years of professional work experience in management accounting and/or financial management.

Program Description

Participants will learn to:

We offer a comprehensive exam preparation program that includes textbooks and online practice tests. While the primary focus of this course is to prepare individuals for the CMA exam, the course is also an excellent professional development tool for helping individuals advance their career in accounting, finance, or business management.

CMA courses are scheduled to align with the testing windows during which a candidate can sit for an exam at Prometric Testing Centers. CMA exam parts can be taken at Prometric Testing Centers during the following months: January and February, May and June, and September and October.

Part 1: Financial Planning, Performance and Control (30 hours of classroom instruction)
Recommended testing window for this course: May/June

  • Planning, budgeting, and forecasting
  • Performance management
  • Cost management
  • Internal controls
  • Professional ethics


This program is designed for:

  • Candidates preparing for IMA's CMA® examination.
  • Practitioners identifying, measuring, analyzing, and interpreting financial information.
  • Finance and accounting professionals looking to enhance their career opportunities.
  • Accounting staff members preparing financial reports for non-management groups such as shareholders, creditors, regulatory agencies, and tax authorities.
  • Accredited, licensed, or certified professionals seeking continuing education credits.
  • CPAs interested in moving into an internal corporate accounting role.
  • Students with an interest in financial planning, analysis, and control.

Program Dates / Locations

While this course is not scheduled at this time, any of the executive education programs offered by the Hudson Center of Entrepreneurship and Executive Education (HCEEE) can be delivered to your organization either in our classroom or at your location. Please contact us for more information.

Program Fee

Fee of $1,595 includes tuition, instructional materials, textbooks and lunch.

Please note: Course fees are separate from IMA examination fees.


Andrew Felo, Ph.D.

Dr. Felo is a Professor at the H. Wayne Huizenga College of Business and Entrepreneurship at Nova Southeastern University, where he teaches courses in managerial and financial accounting, financial statement fraud, and corporate finance. Prior to joining the H. Wayne Huizenga College in 2011, Dr. Felo was on the faculty of The Pennsylvania State University Great Valley School of Graduate Professional Studies.

Dr. Felo earned his Ph.D. from the State University of New York at Binghamton. His areas of research include audit committees, corporate governance, business and accounting ethics, and disclosure transparency. Dr. Felo has published his work in Corporate Ownership and Control, International Journal of Disclosure and Governance, Accounting and the Public Interest, Journal of Forensic Accounting, Strategic Finance, Research on Accounting Ethics, Journal of Business Ethics, Decision Support Systems, and Management Accounting. He has also authored a book chapter on corporate governance in the US and on the relationship between corporate governance and corporate ethics. Along with his co-author, Dr. Felo was the recipient of the 2003 Lybrand Silver medal for their article on the Sarbanes-Oxley Act that was published in the February issue of Strategic Finance.

Andy has facilitated CMA review courses for over 10 years, and is a popular webcast presenter on IFRS and Ethics topics. He has provided training on accounting, finance, and the Sarbanes-Oxley Act to companies such as PECO, AMETEK, Inc., Johnson Matthey, Siemens, SAP, CertainTeed and AstraZeneca, and is a frequent presenter at Continuing Professional Education conferences.

Dr. Felo is a Certified Fraud Examiner (CFE), Certified Management Accountant (CMA), and a Certified Financial Manager (CFM). He was the recipient of the IMA's Robert Beyer Gold Medal for the highest score on the Winter 2001 CMA Exam.

Comments From Past Participants

"The CMA has given me a tremendous amount of value. Not just on the financial end of things, but because I've gained broad-based accounting knowledge. I've been able to advance my career because that knowledge translates into benefits for the companies I work for."
Tammy Drescher, CMA, Senior Cost Accountant, Diamond Foods, Inc.

"I use my CMA body of knowledge every day. It comes naturally in the role of CFO because I need it to look at things from many different angles, not just from the financial perspective. Management accounting skills are very much in demand as foreign and local companies reach out from the local marketplace and into more global arenas. The CMA body of knowledge is very valuable in this regard."
John K. Lau, CMA, Chief Financial Officer, WesTrac China

Course Customization

Using core programs, we can customize the material to fit your corporate training needs. With our extensive resources and program facilitators, we will design a program that is tailored to fit your specified objectives and requirements.

Substitution, Cancellation, Fee and Transfer Policies

We realize that occasionally you need to cancel your registration. You can substitute another individual in your place at any time prior to the first day of a program.

If you wish to receive a credit toward a future program: we will allow you to transfer you registration to a future date of the same program you are enrolled in currently, provided we receive written notice two weeks prior to the start date of the class you are currently registered in. You are permitted to re-register only one time.

If you wish to receive a refund: written cancellations received 30 calendar days before a program begins will be issued a full refund, less a $150.00 processing fee; written cancellations received 6 to 29 calendar days prior to the start of a program will get 50 percent of the registration fee refunded. We apologize but we cannot provide a refund if we receive your written cancellation in five or fewer business days prior to the start of the program.

In the event of non-payment, the responsibility for any fees incurred in collecting the payment is the responsibility of the customer.

Fees and dates are subject to change without notice.

Contact Information

For additional program information, please contact us at:

Hudson Center of Entrepreneurship and Executive Education
H. Wayne Huizenga College of Business and Entrepreneurship
Nova Southeastern University
3301 College Avenue, Carl DeSantis Building, Suite 2088
Fort Lauderdale-Davie, FL 33314
Tel: 954.262.5161
Toll Free: 800.672.7223, ext. 25161
Fax: 954.262.3188

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