CMA Exam Results 2022: CMA Exam Score Release Dates 2022. If you took the CMA Exam this year, you might be wondering when the results will be out or when to check your CMA Exam Score. Read this article to find out the CMA Exam Score release dates for this 2022 session.
As you probably know, most people do not take the two-part exam back to back. Therefore, you might be waiting for the results from CMA Part 1 before you take CMA Part 2.
What is a CMA exam?
The CMA Exam includes two parts -Financial Planning, Performance and Analytics and Strategic Financial Management. Both parts include 100 multiple-choice CMA Exam questions and two 30-minute essays. The essay section includes 10-12 written response or calculation questions based on typical business scenarios.
The CMA exam: 2 parts covering 12 competencies
Part 1: Financial Planning, Performance, and Analytics
- 15%External Financial Reporting Decisions
- 20%Planning, Budgeting, and Forecasting
- 20%Performance Management
- 15%Cost Management
- 15%Internal Controls
- 15%Technology and Analytics
Part 2: Strategic Financial Management
- 20%Financial Statement Analysis
- 20%Corporate Finance
- 25%Decision Analysis
- 10%Risk Management
- 10%Investment Decisions
- 15%Professional Ethics
CMA vs other exams
For your reference, the CFA exam results take 7 to 8 weeks, even though the first two levels are fully computerized. So all in all, six weeks for the CMA exam is about as quick as you can expect these days. Before you even take the exam, you may want to do some research into pass rates. You also need to study with a reliable study guide to ensure you pass on the first try. Check out the reviews on this site to help you choose the best study guide and materials for your needs.
CMA Pass Rates
Next, let’s take a look at those CMA pass rates. Understanding the CMA exam pass rates will help you understand the test’s difficulty level. According to the latest percentages, the average CMA exam pass rate is 45%. However, the rate can fluctuate over time.
2022 CMA Exam Score Release Dates
You’ve taken the CMA exam or part of it, and now you’re playing the waiting game. However, they say that waiting is the hardest part, which is definitely true when you’re waiting for your CMA USA results.
Regardless, you can do some value-added things while you wait on CMA score release dates. In fact, I have a list of 7 things to do to keep your career moving. But first, let’s talk about those CMA results.
CMA Exam Release Dates
The IMA states that scores will be released about 6 weeks from the last day of the month you took the test, plus or minus a day.
Let’s look at some examples for CMA US results in 2022.
CMA result from January exam:
- If you take the exam on January 30, you will receive your ICMA result sometime in the middle of March, or about 6 weeks after the end of January.
- If you take the exam on January 2, your CMA exam result is released the same day as the above. Why? Well, mid-March is still 6 weeks after the end of the month you tested.
CMA results June exam:
- The CMA score release date for the CMA May-June window is mid-August because you must wait 6 weeks after the end of June.
How Long Does It Take to Get CMA Exam Results?
First, the IMA will email your exam results almost immediately from your score release date. Furthermore, your CMA test results will also appear in your personal MyIMA online portal.
Second, if you happen to fail the exam, Prometric will email you a Performance Report on behalf of the IMA. These reports are emailed approximately 14 days after your CMA results are available. In this report, you can see a breakdown of the topics and your performance in each. Consequently, this report will guide your studies as you work to re-take that exam part.
CMA Exam Results 2022: CMA Exam Score Release 2022
Testing months (2022) | Jan | Feb | May | Jun | Sep | Oct |
Estimated score release dates | Mar 14 | Apr 11 | Jul 12 | Aug 11 | Nov 11 | Dec 12 |
Actual score release | TBD | TBD | July 12 | Aug 11 | TBD | TBD |
# weeks after the end of testing month | 6 | 6 | 6 | 6 | 6 | 6 |
CMA Score: Understanding Your CMA Exam Score Results
Waiting on your CMA exam results release date is one thing. But once you finally get those scores back, you need to know how to read them.
The CMA pass rate averages show us that not everyone passes on the first try. In fact, over half will need to sit for the exam a second or even a third time to pass. If this is so commonplace, why are so many people nervous waiting for their IMA CMA results? Well, the probable reason is that if you don’t pass, it means you fail, right? And no one likes to fail.
Except this: not passing the CMA exam isn’t exactly the same as failure.
Why do I say that? First of all, the CMA exam is a criterion-referenced test, which means it is not a simple pass/fail when it comes to scoring. If the scoring confuses you, I’ll give you a basic run-down of how it all works.
How the CMA Exam Is Scored
Each part of the CMA exam has 100 multiple-choice questions (MCQs) and two essays. In terms of the CMA exam grading system, around 75% of the score is allocated to the MCQs and the rest to the essays.
CMA scores range from 0 – 500, with 360 being the passing score. The panel of experts who developed the scoring formula intentionally set the bar high. Therefore, those candidates who pass will reflect positively on the profession as a whole.
However, the CMA exam is not an adaptive exam (such as the US CPA exam) and each question is supposed to be equally weighted. But still, the grading system is sophisticated enough to adjust the mark based on the difficulty of each exam. This is necessary because each set of exam questions is different for different candidates for the computerized delivery of the CMA exam.
CMA Exam Passing Score: How to Get a Passing CMA Score
On exam day, you need to answer at least 50% of the MCQs before you will be able to move on to the essays. However, you are not required to pass both the MCQs and the essays in order to pass the exam. After all, the only thing that matters to passing the CMA is your total score. Therefore, if you struggle with the essays and get low marks but score really well on the MCQs, you can still pass the exam.
Furthermore, it’s all about earning points toward that overall goal – to show that you have the knowledge of a CMA and the skills necessary to work daily in this profession. In sum, it’s not about memorizing answers. Rather, it’s about proving that you can apply the knowledge you have to real-life scenarios.
As mentioned above, the exam is scored based on a scale of 0-500. Moreover, you need at least a 360 to pass. However, this scale does not directly translate into a percentage like other tests you may be familiar with. For this reason, the CMA scoring can be confusing to a lot of people.