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The Financial Management Association International (FMA) was established in 1970 as a partnership of scholars and practitioners involved in research and education to improve the financial management of business and other organizations. FMA's mission statement is:
"to serve the mainstream of the finance community by stressing what is new in theoretical and empirical research, and also what professionals find important and relevant in their day-to-day activities. Education, the enhancement of knowledge, and the transfer of knowledge are the keystones of this effort."
Consistent with this mission, FMA is excited to join the IMA/ICMA as a cosponsor of the Certified in Financial Management (CFM) exam. Before discussing why we are so excited about participating in the promotion and enhancement of the CFM, a little background on FMA may be of value to the reader.
FMA's membership is just over 10,000 worldwide. Finance professors (and other academics), finance practitioners from industry and financial institutions, and government make up the core of FMA's professional membership, numbering about 4,600. Additionally, there are approximately 4,500 students who are members of FMA's more than 200 student chapters and 1,500plus institutions that subscribe to FMA publications and otherwise access a variety of FMA's services. Like the IMA, FMA offers its membership a variety of products and services.
Financial Management (FM) is the Association's lead journal. FM strives to make theoretical research of high quality accessible to practitioners while at the same time meeting the highest standards of scientific research. FM is cited widely in the literature, having carved out a niche for applied research that...