With the continuous development of China's economy and the deepening of economic globalization, the country, market and enterprises are in urgent need of professional business talents with an international perspective. In order to improve the professional ability and employment competitiveness of our school students and break professional restrictions, we have specially opened a financial management CMA course, and selected outstanding students from the Oriental College of Zhejiang University of Finance and Economics to join, cultivating top talents in international finance and accounting, and assisting future career development.
1. Introduction to CMA
Certified Management Accountant is a global high-end accounting certification in the field of management accounting launched by the Institute of Management Accountants (IMA), the world's largest management accounting organization, in 1972. It is the most authoritative certification in the field of global management accounting and financial management, and currently has more than 70,000 members.
CMA certification is different from ordinary financial accounting certification. Its knowledge system setting reflects the requirements of today's business environment on the comprehensive financial management capabilities required by financial personnel. It focuses on some key issues encountered by accounting professionals in their work, including financial planning, financial analysis, cost control, risk management and decision support. CMA has long been regarded as the Mini-MBA in the field of accounting. In 2010, the State-owned Assets Supervision and Administration Commission officially launched the training of CMA and included CMA into the national key evaluation system for senior financial management talents. CMA accredited employers are located in more than 180 countries and regions around the world, including many Fortune 500 companies and benchmark companies in the industry. Well-known domestic and foreign employers such as China Mobile, Alibaba, Bank of China, Unilever, HP, Procter & Gamble, and IBM have all opened priority recruitment qualifications to CMA holders.
2. Introduction to CMA courses
Zhejiang University of Finance and Economics Oriental College officially cooperated with the Institute of Certified Management Accountants (IMA) and Shanghai Gaodun Finance in 2013 to launch a full-time CMA education program. CMA is a professional direction under the Financial Management major of Oriental College. The professional courses use the designated original English textbooks for the CMA exam, bilingual teaching, and experiential teaching at the forefront of international practice. For example, we conduct on-site management accounting-related mobile classes in listed companies, and cooperate with Gordon Finance to launch the "Career Rush" summer camp.
After CMA students pass various course examinations organized by the school, obtain corresponding credits and meet our school's graduation requirements, they obtain an undergraduate degree in financial management and a bachelor's degree in management from Oriental College of Zhejiang University of Finance and Economics. At the same time, students pass the exam after completing the course and obtain the American Certified Management Accountant (CMA) qualification certificate. The CMA global exam consists of two stages. Candidates are free to choose Chinese or English exams. CMA certification certificates are issued by the American IMA Association. Up to now, the passing rate of CMA students in the first phase of the global unified examination has reached 80%, the passing rate of all subjects is nearly 65%, and many people have obtained good results of more than 400 points.
3. CMA course teachers
The daily teaching work of CMA course projects is undertaken by the CMA teaching team composed of professional teachers from our school. Among them, nearly 60% of the team has senior professional titles, 40% has a doctorate degree or above, and nearly 30% has an overseas study background. The college also has a team of off-campus tutors with "high professional titles, high quality, and high education" composed of financial directors of well-known listed companies in East China and partners of well-known accounting firms. Many of them have international professional qualifications such as CGMA (Chartered Global Management Accountant), CMA (Certified Management Accountant in the United States), and CIMA (Chartered Management Accountant in the United Kingdom). The college has launched a "CFO Shadow Program" to equip outstanding CMA students with financial directors of well-known listed companies and implement "one-on-one" first-line guidance from industry mentors. Before the global unified examination, the college hired experienced CMA examination training experts to provide pre-examination tutoring for students.
4. Employment directions for CMA students
CMA course students have high international recognition, and students have passed global exams. After graduation, CMA students can engage in financial management and management accounting work in enterprises and institutions, especially multinational enterprises, and government agencies; engage in financial analysis work in banks, securities companies and other financial institutions; engage in financial consulting and other related work in accounting firms and other intermediary institutions. According to the statistics of graduates of previous CMA courses, one-quarter of the students have obtained master's degrees from well-known universities at home and abroad, such as the University of Manchester, the University of Sydney in Australia, the Rennes Business School in France, the University of Bath in the United Kingdom, and the Tokyo International Cultural Institute in Japan. One-fifth of the students have joined well-known enterprises such as Geely Holding Group, Lixin Accounting Firm, and Zhongheng Electric Co., Ltd.
5. Study fees for CMA courses
The total amount for four years is RMB 20,000. This part of the fee must be paid in one lump sum within one week after formal admission to the CMA course. The above fees do not include the tuition fees students should pay for each year of undergraduate study.
6. Register for the Financial Management (CMA) Course
The Financial Management (CMA) class in 2025 plans to enroll 45 students, and its students will come from the 2025 freshmen of Oriental College: All freshmen in the 2025 class, regardless of their major (except art), can submit a written application to join the CMA class to the School of Accounting within one week of freshman registration. For details, please see the notice on the School of Accounting website (http://kj.zufedfc.edu.cn/).
The School of Accounting will screen applicants based on their comprehensive scores in college entrance examination English and mathematics. Students who complete the CMA course group class within one week after the registration deadline will be transferred to the School of Accounting.
Registration location: School of Accountancy Office: Room 506, Teaching Building No. 4
Contact number: 0573-87571197
7. Answers to Frequently Asked Questions by Candidates
1. Does the training fee include examination fees and teaching material fees?
Answer: CMA student registration fees, membership fees, examination fees, and teaching material fees are collected by the IMA Association. Students pay them directly to the CMA examination agency. The specific payment time will be notified by the association according to the registration status of the registration examination.
2. Are there any professional restrictions for CMA applications?
A: The 2025 CMA admissions are open to all 25-level freshmen of all majors in Oriental College (except art).
3. For more questions, please join the 2025ACA/CMA admissions consultation QQ group: 1009596514
8. CMA related information inquiry website
