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Exam Code: CMA-Strategic-Financial-Management
Exam Name: CMA Part 2: Strategic Financial Management Exam
Updated: Jul 22, 2026
Q & A: 125 Questions and Answers
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The CMA Part 2: Strategic Financial Management Exam certification exam consists of two parts, each comprising 100 multiple-choice questions. The first part of the exam covers financial reporting, planning, performance, and control, while the second part focuses on strategic financial management. CMA-Strategic-Financial-Management exam is computer-based and can be taken at any of the IMA's authorized testing centers located around the world. The CMA Part 2 exam is highly valued by employers worldwide, and it is an excellent way for finance professionals to showcase their skills and knowledge in strategic financial management.
The CMA Part 2: Strategic Financial Management exam focuses on the advanced topics of financial planning, analysis, control, and decision-making. CMA-Strategic-Financial-Management exam consists of two sections, each with 100 multiple-choice questions. The first section of the exam covers financial statement analysis, corporate finance, decision analysis, risk management, and investment decisions. The second section of the exam covers professional ethics, financial instruments, capital structure, working capital management, and international finance.
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| Section | Objectives |
|---|---|
| Investment Decisions | - Investment Appraisal and Selection - Capital Budgeting Techniques |
| Financial Statement Analysis | - Ratio and Performance Analysis - Financial Statement Interpretation |
| Corporate Finance | - Capital Structure and Cost of Capital - Working Capital Management |
| Risk Management | - Enterprise Risk Management - Financial Risk Identification and Mitigation |
| Professional Ethics | - Ethical Decision-Making in Financial Management |
| Decision Analysis | - Performance Measurement and Variance Analysis - Budgeting and Forecasting Techniques |
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