Contact Us : 800.874.5346        International: +1 352.375.0772
Contact Us : 800.874.5346        International: +1 352.375.0772

CMA Scholarship Opportunities

Explore the different scholarships available to help offset the cost of becoming a Certified Management Accountant.

CMA Scholarship Opportunities

Explore the different scholarships available to help offset the cost of becoming a Certified Management Accountant.

IMA Student Scholarship Program

This program is a great way for motivated students to complete the Certified Management Accountant (CMA®) or Financial and Managerial Accounting Associate (FMAA™) program for free!

We’re proud to be the exclusive review material provider of the IMA Student Scholarship and to support the program with free exam prep materials.

IMA allows professors to nominate their students to receive a Student Scholarship, and the students get to choose if their scholarship applies to the CMA or FMAA. 

The program includes:

  • Two years of IMA Student membership
  • CMA entrance fee or FMAA exam/entrance fee (exams must be passed within 12 months of receiving a scholarship)
  • CMA exam fees for both exam parts (can only be used once)
  • Scholarship recipients in select regions get access to free Gleim study materials for 12 months from the time the scholarship is received. 

Free Gleim review materials

Your year of access includes our

  • Adaptive Course
  • Large Question Bank
  • Mock Exams
  • Access to Personal Counselors
  • and more!

Who's it for?

Professors at IMA-endorsed schools can nominate 10 students per academic year for a scholarship. Professors at IMA Partner schools can nominate 3 students.

All students nominated by a professor will earn a scholarship as long as they meet the eligibility requirements.

How to get started

For Professors

Fill out the nomination form found on IMA’s page Opens in new window to nominate your students. Nominations are accepted from September 1 – June 30 each academic year.

For Students

You cannot nominate yourself for the scholarship, so reach out to your professor about filling out the nomination form. Students must be IMA members to be nominated, so make sure you already have an IMA member account.

Student Scholarships

IMA offers several other scholarship opportunities that students can qualify for. Check out each of these opportunities to see if you meet the criteria to apply. Each program has different application windows and deadlines each year, so be sure to check the deadlines for each scholarship on IMA’s Student Scholarships & Competitions page Opens in new window.

Stuart Cameron & Margaret McLeod Memorial Scholarship (SCMS)

This scholarship awards $5,000 to full and part-time students at accredited institutions. It also includes free registration and travel for select IMA conferences and mentorship opportunities.

See detailed eligibility requirements and learn how to apply on the SCMS page Opens in new window.

IMA Century Scholarship Award

This scholarship recognizes two IMA student members with $7,500 and a CMA scholarship. The students must be from IMA Endorsed Schools or active members of an IMA student chapter.

It’s open to undergraduate seniors or graduate students in the accounting field. IMA aims to award this scholarship to students with a passion for volunteering and being a leader in the management accounting profession.

See the detailed criteria you’ll need to meet to apply on IMA’s page Opens in new window.

CMA Doctoral Scholarship Program

This scholarship supports eligible doctoral students with a package that enables the candidate to take the CMA exam at no cost. 

To apply, you must be in a globally accredited doctoral accounting program concentrating in management accounting or financial management.

Learn more about how to apply on IMA’s page Opens in new window.

IMA Doctoral Scholars Program

This program awards up to $10,000 in research funding to support students in accredited doctoral programs conducting research that furthers the profession of management accounting. The fund amounts awarded vary by what stage you’re at in your doctoral program and the timing of your specific research project.

Learn more about the detailed requirements and documentation you’ll need to provide when you apply on IMA’s page Opens in new window.

Awards and Competitions

Students also have the opportunity to compete to win prizes or apply for achievement awards.

IMA Student Case Competition

College or university students can form a team and enter a competition to solve a business case and present a strategic analysis. Students are eligible to participate in their regional competition. awards

Learn more on IMA’s page Opens in new window.

IMA Student Chapter Award of Excellence

IMA awards Student Chapters that excel at providing activities and services to their members and promote IMA’s mission to advance the profession. Chapters are eligible for bronze, silver, or gold achievement, and gold winners receive $500.

Learn more on IMA’s page Opens in new window.

IMA Clark Johnson Achievement Award

The winning chapter receives $5,000 as recognition for their efforts in the areas of leadership, development, and partnerships. This award is for chapters who excel at focusing on helping students develop necessary skills and supporting chapter members to achieve success.

Learn more on IMA’s page Opens in new window.