IMA Sees Record Growth in CMAs

The Institute of Management Accountants reported more than 3,500 new professionals earned the Certified Management Accountant credential in 2015, the highest number in any fiscal year and a 17 percent increase over 2014.

The IMA also saw a 19 percent growth in overall CMA candidates last year, according to its newly issued annual report. The organization experienced a 10 percent growth in revenue in fiscal year 2015, and expanded to 138 countries.

There are a combined 300 professional and student chapters worldwide, including eight new chapters in India. As part of its mission to provide members with educational experiences and opportunities for service and involvement, IMA also provided more than 156,000 hours of continuing professional education.

In fiscal year 2015, the IMA’s U/X (user experience) team worked with Inspired Technology Lab, to develop a new online career planning tool, Career Driver, and redesigned its publication, Strategic Finance.

“Management accounting has and will continue to make a difference in enabling ethically sound and financially capable professionals and organizations,” said IMA president and CEO Jeff Thomson in a statement. “As the business landscape evolves quickly, we can't afford to stand still. This year, IMA responded to the needs of our members and came together to develop and deliver new products and services to enhance their careers and the performance of the organizations where they work.”

For a copy of the report, visit www.imanet.org/2015-annual-report/site/index.html.

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