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CMA New Zealand Professional Education Programme
Overview
The CMA New Zealand Professional Education Programme is a five-stage, 18-subject educational programme. The programme has 190 credit points and could normally be completed in 2.5 years full-time or equivalent.
Programme Duration
Stage 1: Certified Accounting Technician (CAT)
- Number of Subjects: 4
- Credit Points: 40
- Duration: 6 months full-time or equivalent
- The New Zealand Qualifications Framework (NZQF) equivalency: Level 4 (Certificate)
Stage 2: Registered Cost Accountant (RCA)
- Number of Subjects: 4
- Credit Points: 40
- Duration: 6 months full-time or equivalent
- The New Zealand Qualifications Framework (NZQF) equivalency: Level 5 (Diploma)
Stage 3: Registered Business Accountant (RBA)
- Number of Subjects: 4
- Credit Points: 40
- Duration: 6 months full-time or equivalent
- The New Zealand Qualifications Framework (NZQF) equivalency: Level 6 (Diploma)
Stage 4: Graduate Management Accountant (GMA)
- Number of Subjects: 4
- Credit Points: 40
- Duration: 6 months full-time or equivalent
- The New Zealand Qualifications Framework (NZQF) equivalency: Level 7 (Bachelor’s Degree)
Stage 5: Certified Management Accountant (CMA)
- Number of Subjects: 2
- Credit Points: 30
- Duration: 6 months full-time or equivalent
- The New Zealand Qualifications Framework (NZQF) equivalency: Level 9 (Master’s Degree)
Total Number of Units of CMA Program: 18
Total Credit Point: 190
Total Duration: 2.5 years full-time or equivalent
Entry Requirements
Stage 1: Certified Accounting Technician (CAT)
The minimum qualification for entry into CMA New Zealand Professional Education Programme is the completion of the National Certificate of Educational Achievement (NCEA) Level 3 or equivalent.
Candidates of CMA New Zealand Professional Education Programme may be admitted to the programme at a stage above Stage 1 (CAT) if they have relevant prior qualifications as listed below:
Qualifications for Direct Entry to a Stage above Stage 1:
Stage 2: Registered Cost Accountant (RCA) Stage
- Certificate (NZQF Level 4) in Accounting or equivalent
Stage 3: Registered Business Accountant (RBA) Stage
- Diploma (NZQF Level 5) in Accounting or equivalent
Stage 4: Graduate Management Accountant (GMA) Stage
- Bachelor’s Degree (NZQF Level 7) in any discipline other than Accounting or equivalent
- Diploma (NZQF Level 6) in Accounting or equivalent
Stage 5: Certified Management Accountant (CMA) Stage
- Bachelor’s Degree (NZQF Level 7) in Accounting, Commerce or Finance or equivalent
- Postgraduate Diploma (NZQF Level 8) in Accounting or equivalent
- Master of Professional Accounting (NZQF Level 9) or equivalent
- Master of Business Administration Degree (NZQF Level 9) or equivalent
- Professional qualification in Accounting from a recognised professional body
Subjects
Stage 1: Certified Accounting Technician Program of New Zealand -CMA(NZ) Program
Subject 1 : Organisational Management
Subject 2 : Accounting Principles and Practice
Subject 3 : Accounting Control Systems
Subject 4 : Financial Information Systems
The New Zealand Qualifications Authority (NZQA) has evaluated the Certified Accounting Technician (Micro-credential) delivered by the Institute of Certified Management Accountants New Zealand and has assessed it to be equivalent to 40 credits (40×10 notional learning hours) at Level 4 on the New Zealand Qualifications Framework (NZQF). (Certificate Level).
Stage 2: Registered Cost Accountant Program of New Zealand –CMA(NZ) Program
Subject 5 : Financial Economics
Subject 6 : International Business Law and Governance
Subject 7 : Business Analysis and Audit
Subject 8 : International Business Taxation
The New Zealand Qualifications Authority (NZQA) has evaluated the Registered Cost Accountant (Micro-credential) delivered by the Institute of Certified Management Accountants New Zealand and has assessed it to be equivalent to 40 credits (40×10 notional learning hours) at Level 5 on the New Zealand Qualifications Framework (NZQF). (Diploma Level).
Stage 3: Registered Business Accountant of New Zealand –CMA(NZ) Program
Subject 9 : Financial Accounting
Subject 10 : Marketing Management
Subject 11 : Information Management
Subject 12 : Strategic Management
The New Zealand Qualifications Authority (NZQA) has evaluated the Registered Business Accountant (Micro-credential) delivered by the Institute of Certified Management Accountants New Zealand and has assessed it to be equivalent to 40 credits (40×10 notional learning hours) at Level 6 on the New Zealand Qualifications Framework (NZQF). (Diploma Level).
Stage 4: Graduate Management Accountant of New Zealand –CMA(NZ) Program
Subject 13 : Financial Management
Subject 14 : Financial Statement Analysis
Subject 15 : Financial Modelling
Subject 16 : Management Accounting
The New Zealand Qualifications Authority (NZQA) has evaluated the Graduate Management Accountant (Micro-credential) delivered by the Institute of Certified Management Accountants New Zealand and has assessed it to be equivalent to 40 credits (40×10 notional learning hours) at Level 7 on the New Zealand Qualifications Framework (NZQF). (Bachelor’s Degree Level).
Stage 5: Certified Management Accountant of New Zealand – CMA(NZ) Program
Subject 17 : Strategic Cost Management
Subject 18 : Strategic Business Analysis
The New Zealand Qualifications Authority (NZQA) has evaluated the Certified Management Accountant (Micro-credential) delivered by the Institute of Certified Management Accountants New Zealand and has assessed it to be equivalent to 30 credits (30×10 notional learning hours) at Level 9 on the New Zealand Qualifications Framework (NZQF). (Master’s Degree Level).