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How is CMA Exam Score Calculated?

Exam Structure for CMA


100 Multiple-Choice (3 Hours)

The ICMA is evaluating 10 of the 100 questions as potential future exam questions; these questions are not part of your exam score and will not affect whether you pass or fail.

All MCQs Are Equally Considered

A simple question about a definition is worth as much as a long question involving numerous calculations.

There Are No Consequences for Wrong Choices and Answers

Never leave unanswered question, even if you have to guess. A 25 percent chance is preferable to a 0% chance.

Mark questions to review later

After you’ve gone through all of the questions, you can go back and look at the marked questions.


2 Essays (1 Hour)

Based on the facts provided, each essay has between 4 and 8 smaller individual questions called “Requirements.” The Requirements may be built on top of one another.

Points are awarded for each step

You get points for each correct part of your answer. You do not lose points for making a mistake.

Demonstrate your work for partial credit

Math errors that are carried through the entire problem will not be penalized more than once if you show your work.

Never leave a question unanswered

You get no points if you leave a question blank. You have the opportunity to earn points if you write something.