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October 18, 2005
CMA Study Materials, Resources and etc. Answering the Questions.
CMA Study Materials
1. Hock vs. Gleim
The HOCK Distance Learning Program and Gleim's CMA/CFM Review System are the most popular study systems among CMA/CFM candidates. The both are very good and you can choose one based on your accounting and financial experience. Already well prepared candidates may prefer Gleim's Review, because it is a brief outline for necessary topics with a lot of additional (often outside the scope of the exam) information. Hock's Study Materials teach you to understand the concepts and provide sufficient level of understanding and knowledge to pass the exam. Hock's Study Materials are very well aligned with LOS (Learning Outcome Statements).
For example, the pensions occupy 7 pages in Gleim, with 3 pages of definitions (defined benefit pension plan, PBO, ABO, NPPC, accrued/prepaid pension cost). Hock gives detailed explanation on 21 pages. Therefore, if you already know accounting and calculations for pensions you may choose Gleim's outline. However, it wasn't my case :-)
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Posted by mazoo at 5:24 PM | Comments (18)