Understanding the CMA Exam Passing Score | Zell Education

    I accept the terms and conditions & privacy policy.

      I accept the terms and conditions & privacy policy.

      Understanding the CMA Exam Passing Score

      Last Update On 4th June 2024
      Duration: 3 Mins Read

      If you’re considering becoming a Certified Management Accountant (CMA), one of the things you’ll need to understand is the CMA exam passing score. The CMA exam is a two-part exam that tests candidates on a wide range of topics related to management accounting and financial management. The exam is administered by the Institute of Management Accountants (IMA), and passing it is a key step towards becoming a CMA.

      CMA Exam

      CMA Exam Grading System:

      Before we dive into the CMA exam passing score, it’s important to understand how the exam is graded. The CMA exam is a computer-based test that is scored on a scale of 0 to 500. The passing score for each part of the exam is 360, which represents a score of 72% on the exam. The IMA uses a scaled scoring system, which means that the raw score of each candidate is converted into a scaled score based on the difficulty of the questions they received. This ensures that candidates are not penalized for receiving more difficult questions on their exams.

      CFA is considered to be one of the toughest exams in the field of finance. Passing the CFA exam is not an easy feat. To know more details, read this blog How Hard is CFA Exam

      CMA Exam Passing Score:

      As mentioned earlier, the passing score for each part of the CMA exam is 360. This means that in order to pass the exam, candidates must achieve a minimum scaled score of 360 on each part. However, it’s important to note that the passing score is not the same as the minimum score required to pass each question on the exam. The Institute of Management Accountants (IMA) does not disclose the minimum score required to pass each question, as the difficulty of each question varies depending on the candidate’s performance.

      CMA Exam Score Analysis:

      After candidates complete their CMA exam, they receive a score report that provides a detailed analysis of their performance on the exam. The score report includes the candidate’s scaled score for each part of the exam, as well as a performance summary that indicates their strengths and weaknesses in each content area. This analysis can be very helpful for candidates who plan to retake the exam, as it provides insights into areas where they need to improve.

      Watch this video for “How to clear the CMA Exam” :

      Retaking the CMA Exam:

      If a candidate does not achieve a passing score on their first attempt at the CMA exam, they are allowed to retake the exam. However, they must wait at least 30 days before retaking the exam, and they may only retake the exam a maximum of three times within a 12-month period. If a candidate does not pass the exam after three attempts, they must wait one year before attempting to retake the exam.

      In conclusion, the CMA exam passing score is 360 for each part of the exam, and candidates must achieve this score in order to pass the exam. The exam is scored using a scaled scoring system, which takes into account the difficulty of the questions that candidates receive. After completing the exam, candidates receive a score report that provides a detailed analysis of their performance, which can be helpful for retaking the exam. If you’re planning to become a CMA, understanding the exam passing score and the exam grading system is critical to your success on the exam.

      If you want to know more about CMA Course details reach out to us at Zell Education, and we’d be happy to counsel you. You can also fill in the form on the right-hand side and someone from our team will contact you.

       

      Satyamedh Nandedkar, a seasoned finance professional, holds ACCA, CA, US CMA & CS credentials. With 10+ years of experience, he’s a master ACCA tutor, IFRS trainer, adept in global financial standards, and a trusted advisor in navigating complex financial landscapes.

      Speak To A Course Expert To Know More