Managerial Track Course Mapping to the CMA Exam – What Can the IMA Do For You?

Dr. Kimberly Swanson Church – Assistant Professor, UMKC

Bob Swisher – President, IMA KC Chapter

March 6, 2015*Special Thanks to Jennifer Rottinghaus for all her hard work on this initiative

Motivation for Partnering with the IMA

WHO IS YOUR STUDENT BODY?

For various personal and professional reasons (financial, time, etc.), some accounting students choose to leave the university after completing their bachelor’s degree

WHAT CAREERS ARE YOUR STUDENTS PURSUING?

Roughly 30% of accounting students will end up in public accounting

ARE THERE OTHER CERTIFICATIONS BETTER SUITED FOR SOME STUDENTS?

Although the CPA certification is considered the gold standard, I wanted to introduce students to alternative career paths and certifications

DO PROFESSIONALS EXIST THAT CAN SPEAK TO THESE STUDENTS?

Guest speakers with professional experiences share “war stories” with students in managerial/cost courses

ARE THERE OTHER ADVANTAGES TO AN IMA PARTNERSHIP?

Resources and opportunities exist for students, academics, and professionals

An Academic Roadmap to the IMA

Managerial and Cost Accounting

Guest Speakers Through Your Local Chapter

Reduced Rate Academic and

Student Membership

Start a Student Chapter, Become an Academic

Advocate, or Get Active in Your Local Chapter

Board

Attend Conferences, Seminars, Meetings,

and Professional Development

Map Your Curriculum to the CMA Exam

Other Opportunities

Guest Speakers Through Your Local Chapter

• Content Experts

• Case Studies

• Plant Tours

• See handout for chapter in your area

Reduced Rate Academic and Student Memberships• $220 Professional Memberships

• $110 Academic Memberships

• $39/$25 Discount Codes Provided by Local Chapter Communication

• See www.imanet.org for benefits

Attend Conferences, Seminars, Meetings, and Professional Development

• Student Leadership Conferences – MSSU, UMKC, Orlando

• Education Conferences – Missouri State• National Professional & Student Meeting – Los

Angelos• Local Chapter Meetings – Monthly• National Webinars – Monthly• Plant Tours – KC February Meeting, Xenotech Tour• Professional Development – KC Chapter will Mr. Exel

to UMKC May 2015

Student Chapter, Academic Advocate & Your Local Chapter Board

Student Chapters & Academic Advocate• Take time planning & ensure finances• Partner with other on-campus organizations• Partner with other university chapters• Reach out to your IMA network

Your Local Chapter• Offer Your Expertise• Get Active on the Board

Map Your Curriculum to the CMA Exam

• We started with Gleim & Becker certification exam materials…

• Willingness to discuss & evaluate course content in Managerial, Cost & Advanced Managerial…OVERLAP...

• Required that we communicate with other departments, quite a bit of finance materials…

• Motivated us to create a sequence of courses that were value added rather than repetitive.

Other Opportunities• IMA Honor Society for Student

• Scholarships

• Student Chapter Partner – Excel Conference at UMKC

• CMA Resources for You and Your Students

• Cases & Materials for Class

• Accounting Salary Survey

• Publications & Research

• Much More…