CMA Exam Part 2 Mastering: Strategic Financial Management

Name: CMA Exam Part 2 Mastering: Strategic Financial Management
Rating: 3.9 (11 reviews)

Master Every Topic Tested on the CMA Part 2 Exam, Excel in Strategic Financial Decision-Making &Performance Management

Created byDr. John Daniel Mclellan

Last updated 6/2025

English

What you'll learn

Analyze financial statements using key ratios and trend analysis to evaluate organizational performance and inform strategic decisions.
Evaluate risk and return in investment and capital budgeting decisions using techniques such as NPV, IRR, and scenario analysis.
Perform decision analysis for pricing, outsourcing, and cost-volume-profit scenarios to support managerial decision-making.
Apply corporate finance principles, including cost of capital, working capital management, and capital structure decisions, in real-world business scenarios.
Perform decision analysis for pricing, outsourcing, and cost-volume-profit scenarios to support managerial decision-making.

Course content

28 sections • 36 lectures • 3h 16m total length

Overview of this course3:49

The Three different levels on MCQ on the CMA Exam2:56
Not all multiple choice questions are equally weighted by the IMA. Knowing the different levels helps in determining how much time should you spend on one question.
Knowing the three levels on MCQ's that the CMA uses on their exams gives you an advantage
Levels B & C are the more challenging IMA questions therefore worth more marks. If Level A questions are worth one mark then Level B would be 3 and Level C - 5. It is like in golf - all par 4 holes are not equal - there is a difficulty index. The IMA has a difficulty index for each question on the exam. So focus on Level B & C questions.
Professional exams5:15

Liquidity and Leverage Ratios5:47
Activity and Profitability Ratios6:54
Ratio Analysis Past CMA Computational Multiple Choice Questions
Test Your Understanding on Ratio Analysis
Ratio Analysis Excel problems0:19
Practice three ratio analysis excel problems by downloading the file and attempting the exercises, with solutions provided in a separate file.
Quick and Dirty Summary of this section1:56
An overview of the important ratios.

Requirements

You should dedicate at least five hours a week o this course in the semester that you plan to write the exam.
You should have access to a good management accounting and a managerial finance textbook.
To be eligible to write the exam you must register with the Institute of Management Accountants.

Description

This comprehensive course is your ultimate guide to passing CMA Part 2: Strategic Financial Management, one of the most challenging and rewarding sections of the Certified Management Accountant (CMA) exam. Designed for aspiring CMAs, MBA students, finance professionals, and strategic decision-makers, this course breaks down complex financial concepts into manageable lessons aligned with the IMA’s Learning Outcome Statements (LOS).

Covering all six major content areas tested on the CMA Part 2 exam, you’ll explore everything from financial statement analysis to risk management, investment decisions, and professional ethics. You'll gain not only a deep understanding of core topics such as cost of capital, capital budgeting, and valuation, but also practical strategies to analyze financial performance, assess risk, and drive organizational success.

Each module includes real-world examples, exam-style practice questions, visual explanations, and summary cheat sheets to help you retain what matters most. Whether you're preparing for your exam day or upskilling to take on strategic finance roles, this course is structured to deliver clarity, confidence, and results.

Key highlights include:

Detailed coverage of all CMA Part 2 topics: Financial Statement Analysis, Corporate Finance, Decision Analysis, Risk Management, Investment Decisions, and Professional Ethics
Step-by-step walkthroughs of complex calculations and concepts
Downloadable resources and formula sheets
Practice questions modeled after the CMA exam with full explanations
Strategic exam tips and memory aids to help you pass on your first try

If you're ready to elevate your career and join the ranks of globally respected management accountants, this is the course that will get you there.

Who this course is for:

Certified Management Accounting Candidates

CMA Exam Part 2 Mastering: Strategic Financial Management

What you'll learn

Explore related topics

Course content

Introduction to this course1 lecture • 4min

Know what to expect on an IMA exam.2 lectures • 8min

Module 1 - Section A - Financial Statement Analysis (20%)1 lecture • 2min

Section A 2 Financial Ratios4 lectures • 15min

Section A.3. Profitability analysis2 lectures • 5min

Section A.4. Special issues1 lecture • 5min

B. Corporate Finance (20% - Levels A, B, and C1 lecture • 5min

B2 Long-term Financial Management1 lecture • 6min

B 3 Raising Capital1 lecture • 2min

B 4 Working Capital Management2 lectures • 20min

Requirements

Description

Who this course is for: