Online Courses

Certified Merger and Acquisition Specialist (CMAS)

What is CMAS?


The Certified Merger and Acquisition Specialist ("CMAS") is a designation for professionals who participate in merger and acquisition transactions.


CMAS addresses different phases of a merger and acquisition transactions, including:


  • Planning and searching
  • Pre-acquisition activities, i.e. due diligence and valuation
  • Negotiation and closing
  • Post-acquisition activities, i.e. integration


Who can benefit from CMAS?


  • Merger and acquisition consultants
  • Investment and financial analysts
  • Private equity analysts
  • Investment bankers
  • Financial officers
  • Valuation Analysts
  • Consultants and Business advisors


What are the prerequisites for CMAS?


  • Hold at least a bachelor degree
  • Possess at least two years of experience in fields related to merger and acquisition activities
  • Complete a 30 hours training program of CMAS from accredited providers by the IFC
  • Pass an examination by having at least 70 correct answers out of 100 multiple choice questions


What are the fees for CMAS examination?


The fees for CMAS exam are USD$410.00 and in case of retaking the exam, the fees will be USD$250.00.

To request more information about this course, please contact IFC at