ADVANCED CERTIFICATION for BUSINESS DEGREE or PROFESSIONAL QUALIFICATION HOLDERS
This qualification is tailored to senior managers who have degrees or professional qualifications in all business fields (marketing, management, finance, banking, accounting etc.) OR senior managers with over 10 years of business experience.
ICMA has recognised that there are senior managers who are not interested in becoming accountants. As such it has introduced a new certified qualification; the Certified Global Business Analyst (CGBA)® for those interested in finance and business analysis, but not interested in continuing further to become CMAs.
The CGBA is a Certification program (not an ICMA Membership grade). As such, to be eligible to hold the CGBA certification, ICMA membership is required (see details below).
To obtain the Certified Global Business Analyst (CGBA) professional qualification, participants undertake only the Strategic Business Analysis (SBA) module of the CMA preparatory program. It is open for those who have a degree or professional qualification in any business discipline (both accounting and non-accounting) and 5-years of business experience. Non-business degree holders and professionals also are eligible if they have over 10-years of business experience.
The assessments done are the case studies within the Strategic Business Analysis (SBA) course module, and an Assignment that must be submitted after the course is completed which costs A$55.
Exemption for CMA Level Member
An Assignment is not required for those holding the CMA-level certification, as they already would have been assessed in the SBA course.
Fee for CGBA Certification
The fee for the CGBA certification is A$ 150 for three years use of the post-nominals CGBA. Please note that annual membership in the ICMA (at either the FCMA, CMA, AMA, GMA, RBA, RCA, CAT or MAA levels) must be maintained during this period. The Management Accounting Affiliate (MAA) membership of ICMA is an open membership for all individuals (accountants or not). If you are not a member of ICMA; then join at least as an MAA. Note that the A$150 CGBA fee includes MAA membership for 3-years. For new members, please note that there is an once-off Application Fee and Joining Fee, in addition to the annual Membership Fee.
STEP 1: undertake the Strategic Business Analysis (SBA) module
STEP 2: Submit Assignment (and Pass) Assignment Fee A$55
STEP 3: Join ICMA by paying a Joining fee of $198 (once-off).
STEP 4: The fee for the CGBA certification is A$ 150 for three years use of the post-nominals CGBA. (this also includes the Management Accounting Affiliate (MAA) fee for 3-years).
For CMA Level Members
If you are already a ICMA member, please ensure that you have your ICMA (Australia) membership number with you prior to filling the CGBA Certification application form. This number is in your membership certificate in one of the following two formats:
POINTS TO NOTE FOR CGBAs WISHING TO BECOME CMAs:
1. If a Non-Accounting Degree Holder is interested in becoming a Certified Management Accountant (CMA) he/she has to first undertake the 4-subject GMA Conversion Program(Financial Modelling, Financial Derivatives/Financial Management; Management Accounting and Financial Statement Analysis) prior to attending the 2-Module CMA preparatory program.
2. If an accounting professional qualification (e.g. CA, CPA, CIMA, ACCA) obtains a CGBA; and then wishes to continue to get the Certified Management Accountant (CMA) qualification; he/she must also complete the first CMA Module; i.e. the Strategic Cost management (SCM) module; and sit for the assessments (Exams/Assignments) for both SCM and SBA modules.
Professional Business Analyst (AFMA)
The Professional Business Analyst (PBA) Program (run by AFMA Bangladesh) in BANGLADESH only, is fully accredited by ICMA as meeting all of the education (attendance) requirements of the Institute’s Certified Global Business Analyst (CGBA) program. Participants would also need to successfully complete the required assessments (conducted by ICMA ANZ) to be given the dual PBA(AFMA) and CGBA(ANZ) designations. Students will therefore have dual qualifications.
STEP 1: Submit Assignment (and Pass) Assignment Fee A$55
STEP 2: Join ICMA by paying a Joining fee of $198 (once-off).
STEP 3: After passing the Assignment the fee for the CGBA certification is A$ 150 for three years use of the post-nominals CGBA. (this also includes the Management Accounting Affiliate (MAA) fee for 3-years).