How Much Does IFMA CFM Exam Cost

To take the IFMA​ CFM Exam, you need to pay $815, yes and to make myself clear, I will write it in  words, Eight Hundred Fifteen US Dollars for non members and for members, it costs, $550, Five Hundred Fifty US Dollars.


That's the exam costs, meaning, anywhere you are in the world, it's the same. Even if you are in India, Nigeria, United Arab Emirates, the cost of the CFM exam stays the same.

Ouch, right? Yes! For some, that amount is heavy, that's why we really recommend that before you take the exam, you need to prepare for it or else you'll fail like many and lose your money.

CFM is not like FMP that you can retake and retake the exam until you reach the passing score.

CFM Exam is pass or fail. 

After you finished answering the last question or when you reach the 4 hours, you'll see your result right away.
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Exam Retake Fees:

For Member : $265
For Non Member : $365

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​By the way, if you want to save money, it's better to be a member of IFMA before applying for the exam.
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These are the membership cost

Professional & Associate: US$209  
Young Professional: US$129 - if you are 35 years and below.
Retired: US$100
Student: US$10 

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Have you noticed the student fee? It's only $10? This is great if you're a student because you can get the CFM exam for only $560. Yes, even if you're taking Masters Degree you're still eligible for this discount.

​How did it happen?

Easy, let's do the math!

$10 membership + $550 CFM exam fee = $560

Join IFMA first, then apply as a student and pay $10, when you become a member, then that's the time to apply for the exam. Here's the step by step guide on how to apply for the CFM exam
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