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Become a CIMA® Professional

CIMA Exam Prep from Kaplan Financial Education

How to Earn Your CIMA® Certification

Much like other advanced financial certifications, candidates for CIMA® certification must complete a rigorous preparation and exam process. Recently announced by the Institute, this process now contains 4 steps:

  1. Submit an application and pass a background check
  2. Successfully complete approved education program
  3. Pass a Certification Exam
  4. Meet work experience and ethics requirements

Investments and Wealth Institute™ combine their application and exam fees into one enrollment fee:

  • $600 for Institute members (includes application fee and Certification Exam fee)
  • $995 for non-Institute members (includes membership, application fee, and Certification Exam fee)
  • $1,095 for non-members (includes application fee and Certification Exam fee)

All fees include one attempt to pass the Certification Exam. Retake fees apply:

  • Certification Exam: $225 for Institute members; $325 for non-members

Registered education programs are offered at select, top-20 business schools:

  • University of Chicago Booth School of Business
  • The Wharton School at University of Pennsylvania
  • Investment Management Research Centre of University of Technology in Sydney
  • Yale School of Management

Once your education program is complete, you can sit for the Certification Exam

Certification Exam Details

  • Exam will be administered in a 5-hour testing window at Pearson VUE testing centers 
  • Exam covers 5 major domains and expanded topic areas
  • 150 hours of study time is recommended
  • Exam consists of 125 tested questions, plus unscored, pretest questions, for a total of 140 questions

Candidates who are accepted into the CIMA Certification program after March 1, 2018 should follow the above exam process.

Review for the CIMA Certification Exam

Kaplan's comprehensive CIMA Exam Prep Package contains a set of textbooks and fully integrated study tools to help you navigate through the curriculum and focus on highly testable exam topics. 

View Kaplan’s CIMA Exam Prep Package »

Work Experience & Completing the Certification Process

Upon passing the Certification Exam, candidates are required to: 

  • Document a minimum of 3 years work experience
  • Pass a second background check
  • Pay initial certification fee
  • Sign a license agreement. 

CIMA® certificants must complete 3 renewal requirements every 2 years:

  • 40 hours of continuing education (CE) credit, including 2 hours of ethics
  • Pay a certification renewal fee
  • Complete a compliance disclosure and continue to adhere to the Institute's guidelines