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WGU COLLEGE OF BUSINESS Certified Management Accountants (CMA) Scholarship Nomination Process

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Scholarship Information

Scholarships are one of the many ways in which students fund their education. The Institute of Management Accountants (IMA) offer scholarships to students who are enrolled full-time at a university at the undergraduate or graduate level. WGU may nominate ten students to receive scholarships during each academic year (September – June.) WGU submits nominations twice a year: fall and spring.

Recipients of the CMA Scholarships will receive a comprehensive package of benefits that include:

  • IMA membership for up to 3 years while pursuing completion of the CMA exam
  • Entrance fee to the CMA program
  • Exam Support Package—an assessment tool that can help assess the content covered on the CMA exam
  • Registration fees for the first attempt at both parts of the CMA exam
  • Wiley CMAExcel test bank access for up to 2 years for both CMA exam parts

WGU Nomination Process

1. Candidates must be currently enrolled in a WGU undergraduate or graduate accounting program.

2. Students must be in good standing, achieved OTP, and not on term break.

3. Students must have passed one of the following courses on the first attempt:

  • Managerial Accounting
  • Cost and Managerial Accounting
  • Advanced Managerial Accounting

4. Students must be at a junior level or higher if in an accounting undergraduate program and must not have fewer than 36 competency units remaining in the undergraduate program and no fewer than 12 competency units remaining in the graduate program.

5. Students who satisfy all of the requirements for the fall or spring nomination process will be notified by email to submit an application. No applications will be accepted if the student did not first receive the notification of eligibility from

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