Magazine article Strategic Finance

IMA Has Much to Offer

Magazine article Strategic Finance

IMA Has Much to Offer

Article excerpt

I first learned about IMA[R] and its CMA[R] (Certified Management Accountant) certification while a sophomore in a cost accounting class at Augustana College in Illinois. The College's curriculum at the time was geared toward financial accounting and the CPA (Certified Public Accountant). Both certifications and career paths interested me. I graduated, worked for one year, studied for my MBA at Northern Illinois University, earned my CPA, and then returned to the work world.

MBAs and CPAs in the finance organization at my employer, Commonwealth Edison Company (ComEd, now Exelon Corporation) were a popular breed, but there were few CMAs working for the company.

In 2001, I began a financial analyst position "in the field," supporting ComEd's Transmission & Distribution (T&D) business unit. I assisted managers and directors in preparing monthly forecasts and annual budgets for their operations. I answered finance questions and offered business guidance. Compared to my jobs in the corporate offices, it was like being on the front line for the company.

This particular position was the push I needed to get my CMA. I wanted to improve my skill set and help the business more. The CMA seemed broader in perspective than the CPA, and I thought it might also set me apart for future job opportunities.

In 2002, I joined IMA's Fox River Valley Chapter. Within one year, I started the four part CMA exam. I received my CMA in early 2005. Earning the CMA was quite a personal and professional achievement for me, strengthening my dedication and perseverance skills, as I was working much overtime at that point. …

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