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A Certified Financial Manager (CFM) is a financial certification in financial management. Credentials are earned through work experience, exams, and continuing education. Established by the Institute of Management Accountants in June 1996, the program has 4,940 financial professionals earning the CFM designation. The CFM exam was disconrtinued on December 31, 2007.
Once certified, CFMs must maintain IMA membership and complete 30 hours of continuing education each year.
Although the CFM certification “was an excellent program,” the program was unable to find a sustained audience. Therefore, the Board of Directors decided not to add more resources to the CFM exam process, but instead to use these resources to support the Certified Management Accountant (CMA) program. Most of the financial material on the CFM exam is transferred to the CMA curriculum. IMA continues to support all CFM hol
ders through appropriate membership services, recognition of CFM achievements, and maintenance of certification records.
What certification does FM stand for?
A Certified Financial Manager (CFM) is a financial certification in financial management. Credentials are earned through work experience, exams, and continuing education. Established by the Institute of Management Accountants in June 1996, the program has 4,940 financial professionals earning the CFM designation.
How long does it take to become a CFM?
CFM. CFM certification has eligibility requirements. Those with a master’s or bachelor’s degree in facilities management must have three years of facilities management experience to qualify. Applicants with all other levels of education must have five years of facilities management experience.
Is the CFM exam difficult?
The IFMA CFM exam pass rate is 70%. It seems low and easy to achieve, but that’s not the case with the CFM exam. Without proper preparation, the Certified Facilities Manager exam is not easy to pass. Here are some ways to pass the CFM exam or get at least a 70% passing score
What are the benefits of CFM?
reasons to get certified
differentiate yourself. In today’s competitive job market, your CFM status puts you ahead of the competition. …
Invest in your future. …
Show your leadership and initiative. …
Advance your career. …
Enhance your professional network.
What does FM stand for in economics?
CFM. Certified Financial Manager. Business, Finance, Finance.
What is CFM Manufacturing?
What does CFM mean? Continuous Flow Manufacturing (CFM) is a manufacturing process that produces a balanced just-in-time production system that minimizes excess inventory, maximizes yield, and achieves a balanced production line that reduces waste, defect-free production and save costs.