Professional Management Accounting, Certificate
The Graduate Certificate in Professional Management Accounting is designed to broaden the accounting knowledge and competencies of private accounting professionals and strengthen critical thinking and business decision making skills of accounting managers. The program prepares the student for the Certified Management Accountant (CMA) examination which is administered by the Institute of Management Accountants.
The CMA examination is a two-part examination. Part I of the examination (Financial Reporting, Planning, Performance, and Control) focuses on external financial reporting decisions: planning, budgeting, and forecasting; performance management; cost management; and internal controls. Part II of the examination (Financial Decision Making) focuses on financial statement analysis; corporate finance; decision analysis; risk management; investment decisions and professional ethics.
The Graduate Certificate in Professional Management Accounting requires 15 credits plus an accounting foundation course for those students whose undergraduate degree includes a major or specialization other than accounting. In addition, international students are also required to take the accounting foundation course.
To sit for the CMA, which is administered by an outside agency, the IMA requires:
The CMA education requirement is that you must have achieved at least 1 of 2 educational statuses:
- Earn a bachelor’s degree from an accredited college or university
- Have a professional certification
The accepted certifications from the U.S. are:
- Certified Internal Auditor (CIA), Institute of Internal Auditors
- Chartered Financial Analyst (CFA), CFA Institute
- Certified Fraud Examiner (CFE), Association of Certified Fraud Examiners
- Certified Treasury Professional (CTP), Association of Financial Professionals
|Pre-Requisite Courses (As Required):|
|ACCT 501||Financial Accounting I||3|
|Required Core Program:||15|
|FINC 504||Quantitative Methods for Business Decisions||3|
|or FINC 514||Introduction to Business Analytics and Data Science|
|FINC 507||Corporate Financial Management||3|
|ACCT 510||Ethics for Accounting Professional|
|ACCT 552||Strategic Profitability Analysis: Accounting for Managers||3|
|ACCT 559||Analysis of Financial Statements||3|
Student Learning Outcomes
Upon completion of the Professional Management Accounting, Certificate, students will be able to:
- Identify ethical issues and understand the implications of social responsibility for sustainable business practices.
- Evaluate information and apply critical thinking skills to identify solutions and inform business decisions.
- Utilize technology, apply quantitative methods and interpret data to solve business problems.
- Integrate knowledge of core business concepts and collaborate productively as part of a team.
- Work effectively in a diverse environment and understand how global and cultural issues effect the organization and its stakeholders.
- Compose clear and concise forms of written communication to effectively convey ideas and information associated with business topics.
- Communicate business concepts effectively through oral presentation.