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To be eligible to take the CMA Part 1 certification exam, candidates must have a bachelor's degree from an accredited institution and at least two years of professional experience in financial planning, performance, or analytics. Alternatively, candidates can also qualify by having a professional certification in a related field, such as CFA or CPA. CMA-Financial-Planning-Performance-and-Analytics exam itself consists of 100 multiple-choice questions and must be completed within four hours.