Going For It!

You’ve got to earn it.

Those were the words uttered repeatedly on the first day of our CMA review classes. At first, we thought it was quite funny, hearing Dean Kenji Asano say it over and over with full conviction as the CMA Ambassador in the Philippines. Looking back, I realize that those words still resound to me until this day – but now with a different light – have I earned it?

I was in my 5th year in college when I decided I wanted to become a Certified Management Accountant. I had a lot of second guessing – considering that I wasn’t planning to pursue further studies or take additional certifications until I knew what was relevant to my chosen career path. Certifications, especially international ones, also tend to be costly. As a student, I didn’t want to impose further unnecessary financial burden to my parents. But I thought that the chance to obtain a globally-recognized certification, even before I graduate, would open greater opportunities both for my personal and professional development.

Conveniently, UST-AMV College of Accountancy provided us, students, opportunities to gain a wider perspective of what was ahead of us. On the other hand, Insights Financial Review Services structured payment terms as well as review and examination schedules in a way that made earning an international certification credential very accessible. The only question left was whether I can do it.

I did not have the chance to worry about the CMA Exam until the time when I had to take it. I just decided that I would, and took one step at a time from then on – last semester in college, graduation, reviewing and preparing for the CPA Licensure Examination. With God’s grace, I was fortunate enough to get through them. There was not much time to recover since a day after the CPALE, CMA review classes instantaneously began.

With all honesty, reviewing was a struggle at that point. A part of me just wanted to be free of all the academic responsibilities and slack off without guilt – which was obviously not possible. I had already invested in the program, and failing was not an option, although I believe I wasn’t in the best condition to study anymore. My other batchmates were either applying for a job, enjoying themselves someplace I dreamt of going as well, or simply catching extra hours of sleep. Good thing we were reminded, “You’ve got to earn it.”

I did my best to absorb all the information I can get during the review classes. I made it a point to answer the materials the day they were given and take down notes that may be helpful later on. I also utilized the top-class Wiley Gold online study course which helped me get in to the best exam-taking mode possible. But with one week to prepare for each part of the exam, I regretted not starting earlier. I feared that I may not be able to finish everything on time so I focused on topics I wasn’t very familiar with, read discussions on them and answered extra practice questions. Wiley’s digital flashcard notes were very helpful too when I needed a review on major discussion points. When things get monotonous, I read through sample essay questions to figure out answering through them. But that was just me. I couldn’t have done it without the foundation on management accounting topics which I owe to my college professors, and my friends with whom I exchanged questions and reviewed with until the moment we had to enter the Prometric examination room.

One week flew by and it was time to take the first part of the exam. In fact, the results of the CPALE came out on that same day. I wasn’t able to celebrate entirely but it sure gave me the confidence I needed to get through another exam. By the end of October, I was through with all the exams I had to take. I honestly couldn’t tell how I did so I waited hopefully for the results. I was already very grateful to pass both parts of the examination when a congratulatory email from IMA came six weeks later.

Now I ask again, have I earned it? I’d like to believe I am still in the process of doing so. As with anything, it is a series of being brave enough to make decisions, and even braver to own up to them, amidst doubts, challenges, and whatnot. My CMA journey, though only beginning, has taught me that you’re never really ready for anything. You can only hope to do so much and pray that God gets you through it. So I say when someone tells you that you’ve got to earn it, just go for it.

 

About the author: Francyne graduated cum laude from the University of Santo Tomas with a degree in BS Accountancy and earned her CPA License in 2018. She took the 2-part CMA Examination during the October 2018 window and was awarded the Student Certificate of Distinguished Performance by the ICMA Board of Regents at the IMA Conference and Expo held in San Diego, California. She is currently working as an external auditor with one of the top accounting firms in the Philippines.

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