Two Roads Diverged in a Wood

“Two roads diverged in a wood, and I – I took the one less traveled by, and that has made all the difference”; an excerpt from “Road Not Taken” by Robert Frost, a mantra I repeat to myself in times I face life changing decisions. It’s ironic because when I chose the course I would take in college, I took the road most often taken by most aspiring business professionals and lawyers, which was BS Accountancy. But during my journey as an accountancy student, my mantra was put to the test, it was during then that I stumbled upon a road that diverged, and there lies a path less traveled by.

During my second year in college, I faced an obstacle I never knew would change my life, which was to pass the retention program. The retention program was the test that would decide whether I was still eligible to continue in the BS Accountancy program or I would be shifted to the BS Management Accounting program. Of course, when the results were released, I was disappointed when I learned I will not pass, and I was also on the verge of changing my course, thinking a career in accounting was not for me, but life always has its silver lining. During my first semester as a Management Accounting student, we were oriented about the different career paths a BSMA graduate can pursue. It was also discussed then that we can still pursue our goal of becoming a CPA by enrolling in a bridging program, but what really piqued my interest was the Certified Management Accounting Certification. I never knew that there were other avenues and greater opportunities I can grab aside from the CPA license, and the best part was it was a global certification. So, without any second thoughts, I pushed myself to pursue the CMA Certification together with earning another degree in BSA and the CPA license.

Not all roads are smooth, every road has its speed bumps and potholes, and for this journey that I am about to take, there were a lot of obstacles. It was truly a road less traveled by just like in Robert Frost’s poem, because most students were hesitant to take it due to several reasons, but what was most common was the time and the fee that we all had to invest. Although I too was hesitant because I didn’t have the resources and had difficulty managing my time, what kept me going was the excitement of becoming a globally competent professional with the lessons that I will learn through this certification and the people that I will meet. I was blessed from the very start because I had a family who supported my plans, so all that was left was my devotion and perseverance to pass the examination and claim the title of a CMA and CPA.

The journey was tough from the very beginning: the time I had to juggle between my undergraduate subjects and the review, the new lessons and I had to learn and the old lessons that I had to revisit, and the voluminous number of topics that we needed to study by heart. But it wasn’t all that bad, there were also benefits that I enrolled in the CMA course while finishing my BSMA degree. All topics that I learned and discovered in the CMA review helped me in my undergraduate studies and played a major role in helping me pass most of my exams. I also had the advantage of keeping my mind in a state of continuous studying therefore my mind was focused, determined, and I was more diligent in studying for both my CMA review and college subjects. It was going well as my CMA exam was drawing near, but there was one more hurdle that I had to face before I took the exam.

After successfully passing all my subjects and was officially graduating as a BS Management Accounting degree holder, I took the time to pay attention to my health before taking the CMA Exam. I was still in elementary when I was diagnosed with a heart disease, and in my previous visits in the hospital I was doing well, but during the first quarter of 2017 I received news that I did not know would affect my plans. My doctor told me that my conditions had complications and has worsened, which was caused by continuous amount of stress and strenuous activities. I was distraught because my study schedule was affected, the medicines I took had adverse effects, and the news also had a psychological impact which demotivated me.  Due to my present condition at the time, it affected my study performance and my plan on taking the bridging program after my CMA Exam to pursue my goal of also becoming a CPA. To fully prepare myself for the CMA Exam, I had to move my testing window, but I also had to decide whether I let go of my plans to pursue a BSA degree as it could jeopardize not only the results of my exam but also my health. I thought about it thoroughly and even consulted different people to help me in my decision, until I finally made up my mind.

Amidst the challenges I faced at that time I chose to pursue my BSA degree at the same time I was about to take my CMA Exam. I told myself, from the very beginning I took this path I was aiming for excellence and competency, and what more could define that by accomplishing these tasks despite the challenges presented to me. With proper time management, determination, and perseverance, I graduated with a BS Management Accounting degree, passed both parts of CMA Exam last Sept./Oct. 2017 testing window, then graduated with a BS Accountancy degree, and lastly, I passed my CPA Licensure Exam last October 2018.

During all these events, I could say that the CMA course was the best decision I ever made.  I acquired skills and knowledge that gives me an edge as a professional, it opened doors to different opportunities, I was able to meet business professionals from other countries, I was introduced to well known individuals in the Accountancy profession, I got acquainted with the best mentors and leaders in the industry, and I am now a catalyst for Management Accounting, Accountancy, and Financial Management students and professionals in their pursuit to become word class experts in their chosen fields and in becoming future CMAs.

The road I took, as difficult as it was, was the best route I took to elevate my career. I wouldn’t have made it through without the help and support of my friends, family, and mentors, along with the guidance of God. The journey I took may not be one most people would take, but I am thankful I took the challenge and endured every trial I encountered. I journeyed on this path less traveled by with the hope that more and more would find their way here to pave the way for other aspiring professionals, and I am proud to say that I never regret choosing this path. As the poem goes: “I shall be telling this with a sigh, somewhere ages and ages hence: Two roads diverged in a wood, and I – I took the one less traveled by, and that has made all the difference”.

About the Author: 

Melosino Melvin Roi Respicio III graduated from The Pontifical and Royal University of Santo Tomas with a degree of BS in Management Accounting of Batch 2017, and at Colegio de San Juan de Letran-Intramuros with a degree in BS in Accountancy of Batch 2018. He is now a Certified Management Accountant after successfully passing the exam last Sept./Oct. 2017 testing window. He took the CPALE last October and is now a Certified Public Accountant. He aspires to help his fellow accountants and also students taking up accountancy courses discover their full potentials and help them reach their goals in their pursuit of becoming successful accountants.

Threading the Unknown, for the Better!

Few years ago, I remember our instructor told us to write our goals for the next 2-3 years in a small sheet of paper. I wrote all my goals as if I am going to attain those no matter what happens and I believe all the rest did the same. As we are about to pass our ambitious paper, I became curious on what my seatmate wrote on her paper and I asked her if we could exchange our papers and see each other’s goals. She excitingly gave her paper as if that paper has the most ambitious goal. As I read her paper, I was amazed with her goals: “I want to have a twitter account and Instagram account”. So as I was about to return her paper, She rigorously questioned my goals, and asked “Are you serious with your goals? It should be realistic!” In my mind, well, it’s realistic for me! I just smiled and passed my paper to our teacher.

Passing the CPA boards was the only aim I had in mind at that time. It already felt like it was a treacherous mountain that is hard to climb. My mind was fixed on that goal alone.

One day, I met Mr Angel V. Secerio, the IMA-Philippines President. He presented to me an international accounting credential that I couldn’t even imagine of achieving. My dreams were so small at that time that I reluctantly refused his offer of assistance. I can’t see myself taking that prestigious credential. But he stretched my mind and articulated the principle “Think big, aim high”. My mind got transformed and I began to prepare to take two (2) certification examinations, in the same year and in the same month (Oct. 2016).

I found it extremely helpful to have someone to look up to as I search for my own success path. This mentor changed the way I think about life, imparting to me lessons that are beyond the four corners of academic boundaries.

The path I chose was a road less traveled. It was never easy; I sometimes had doubts and constantly questioned myself during those times: Why am I doing this, when I could have just reviewed for the CPA boards and focus on that alone? I thought I placed myself in unnecessary greater risk. Negativity popped in my head: What if I would fail the two exams because my mind was divided? But there’s nothing I can do at that time but to take the dare. Months have passed, prepared myself twice as hard but I still felt I was not ready, I was afraid. But fears must be faced and I already worked really hard for it.

Back to the story, 2-3 years came to pass. I believe my former classmate I alluded to at the start of my story also managed to achieve her goals, and so are my “idealistic” goals. By God’s abundant grace alone, I passed the Certified Public Accountant Board examination and ultimately the 2-part Certified Management Accountant international examination in the same year.

We can achieve the goals that we aspire for. The only things that would differ us are the size of our dreams, the desire to pursue and believing that we are equipped with sufficient skills to achieve them in God’s wonderful time. The author of life revealed this truth to us when he said in the book of Mark “Therefore I tell you, whatever you ask for in prayer, believe that you have received it, and it will be yours.”

From this journey, there are two notions I started to live by: (1) Be the person who would always see things beyond trials and failure, and (2) Make things happen.

Sometimes we only need someone to believe in us when we can’t even believe in ourselves. And I am telling you, if I can do it, so can you… Yes, much more than that!

About the Author:

Marko Patino Alejandro, CPA, CMA, is a Bachelor of Science in Accountancy graduate of Ateneo de Zamboanga University last March, 2016. He currently works as an audit associate in one of the Big 4 auditing firms in the Philippines.

The Opportunity

I was 4th yr. college at the University of Santo Tomas taking BS Management Accounting. It was a normal day at school. No quizzes, no events, just classroom discussions. I was outside of our classroom when I learned that one of the professors was discussing about the CMA program.

From what I learned, we just have to take an exam prepared to see if we were qualified for what they called back then as the first “Elite Batch”.

A few days after thinking about it, I gave it a try. I spent some nights reviewing the materials given. What’s fun was only a few people knew that I would take the exam.

Exam day came, some of my friends were surprised that I took the exam. Let me tell you that the exam was the first 100 item exam I have ever taken, and it was really difficult. I didn’t expect to get a passing score. I even placed a bet with my friends that if ever I passed I would treat them with pizza.

Back to normal but with a lot of quizzes now. I didn’t expect the results to come out soon because of the workload of the professors during quizzes. Until one weekend morning, I woke up with my phone bombarded with “Congratulations!”  When I learned that I placed first in that list of passers I ran and screamed towards my parents to show them my achievement.

I was happy and most of my friends were happy for me, then I remembered that I had to buy pizza. Anyway, because of the results I was able to convince my parents to enroll me in the certification program.

The journey to be a Certified Management Accountant is a very challenging task. I had to sacrifice some time to do stuff I wanted to prioritize what I needed to do.

The most memorable for me though was my exam month. It was June 2017. My exams were scheduled on the 2nd and 4th week. Our graduation was on the first week of June, so I wasn’t able to enjoy graduation as early as my batch mates did. I remembered sacrificing going out with friends to study every day to prepare for the exams. It was the most challenging thing I did for the certification.

In the end, it was worth it. I received the results in August 2017 and I passed the two-part exam.

Now, I’m a financial consultant of an insurance company and because of my certification I can provide better insight and added value to my clients. I’m on my way to managership and making my family very proud.

To the readers, make it a goal to learn from the certification program rather than achieve the title, it is this way that all your sacrifices and journey will be truly worth it and really useful in the workforce.

Good luck and God bless!

About the Author: 

Aldwyn Jan T. Gonzales graduated BS Management Accounting at The Pontifical and Royal University of Santo Tomas batch 2017. He passed the CMA Examination for both parts in the June 2017 testing window. He is now a financial consultant in one of the world’s leading life insurance companies.

Comeback is Real!

As an avid player of video and computer games, the phrase “comeback is real” is never new to me. For us, gamers, it is just an expression we use whenever we get in a situation of seemingly losing the battle but in the later part, we get on top of our game even to a point of achieving victory. But, that’s just in the virtual world. Little did I know I would actually apply that phrase in my real life.

Last October 2016, I took the CPA Board Examinations and unfortunately, I failed one subject, Taxation. I was so devastated and frustrated with myself. Even if it was only one subject, I still wasn’t able to achieve the CPA title. I had so many plans and dreams but all went down the drain, along with my self-esteem.

But being an optimistic and competitive person, I eventually regained my composure and started thinking of how to pick myself up. Of course, I decided to retake Taxation on the next CPA boards season but because of my failure, I was much more driven and eager. I aimed higher. I wanted to become better. Then I remembered receiving a text after the CPA results came out from a senior of mine in college, now a CPA, who happens to be gamer as well. He encouraged me to stay positive despite what happened and his last line was “sabi nga sa DotA, comeback is real.” So, I told myself, if I really want to make a comeback, better make it flashy.

Then an idea struck me. Ever since in my college years, I had this plan of becoming a CMA but at that time, I was not so serious about it because I was focused on becoming a CPA first. So I thought, “Why not take CMA exam now? Maybe the reason why I didn’t pass the boards because I am made for something bigger and maybe this is it.”

So I started researching about how to become a CMA. And I have to admit, I have almost given up on the goal because it was very intimidating and I didn’t know how the process works or how or where to start. But it seems God really wanted me to continue because when I was so lost, He made a way.

I suddenly remembered that my high school batchmate who graduated college from UST posted on facebook sometime in April 2016 that she passed the CMA exam. So I stalked her fb account and saw that post. There, I found Insights Financial Review Services, the approved CMA course provider in the Philippines. I immediately sent a friend request and after a few minutes, got accepted. Then the Insights account sent me a message. I took the opportunity to express my interest about taking the CMA exam. They asked for my phone number and called me. The person on the other end of the line explained everything to me about CMA. And the funny thing was, throughout the conversation, I didn’t know who I was talking to. So when we were just about to finish, I asked for his name. And it was Sir Angel Secerio.

After the phone call, I was filled with awe. Not only because I actually talked with the managing director of Insights himself but also because I felt that God had indeed sent an angel to let me know that this is where I’m meant to be, that I’m really destined to become a CMA.

Eventually, I discussed my plans with my parents and they were very supportive of my endeavor. Not long after, I started my review in Makati.

My CMA journey had its own ups and downs. There were times that I was very determined and ready to take on anything but there were also instances that I felt so pressured and stressed. Maybe it was because the CPA boards traumatized me. I didn’t want to experience failure again. But with the help of constant prayer, our mentors and my newfound friends, I was able to cope up with the challenge. Then came February 2017, I had taken CMA Part 1 and Part 2 exams. Then it was in April when I received an email from IMA re my exam scores. Finally, by God’s grace, I passed both parts of the CMA examination.

As of writing, I am also done retaking my taxation and just waiting for the results, positive and hopeful.

So you see, in life, some things don’t go according to your plan. There will be times that you think everything is just so wrong, so out of place. But always have faith in yourself and in God, for He said: “For I know the plans I have for you,” declares the Lord, “plans to prosper you and not to harm you, plans to give you hope and a future.” And when you fail, stumble and fall down, get up and say “comeback is real!”

About the Author:

Li-Anne M. Serrano is a 2016 graduate of Bachelor of Science in Accountancy at the Bicol University. Out to prove her true worth, she took the 2-Part CMA examination in Feb. 2017 with under four months exam preparation.

Turning Vision into Reality

During my undergrad years, I was really thinking about getting another certification aside from the CPA. I wanted to differentiate myself from my batchmates. I did not want to be ordinary, I wanted to be someone different from the rest. I was really planning on getting the CMA certification because I really loved the management advisory services subject during college. The professors were good and they always made things interesting and I think that it was a factor on why I chose the CMA. They made me join accounting quiz bowls including those related management advisory services. I heard from my seniors that whoever wins the MAS quiz bowls will have a scholarship for the CMA exam but unfortunately for our batch, there was no such scholarship.

After my graduation and after passing the CPA board exam, I somehow forgot about the ambition of taking the CMA examination. I was thinking that I should just pursue the CPA path and forget about my other goal which is becoming a CMA. But somehow, I met Josh, the director for IMA Southeast Asia and Australasia, during my CPA oath taking. He talked me into being a CMA and the opportunities ahead of my young career. I can do many things by being a CPA, but the opportunities ahead of me if I become a CPA and a CMA will grow exponentially. One thing that pushed me into taking the certification is that it is a globally recognized certification which will really help me in the future.

I was quite hesitant at first to take the program because of the costs and I did not want to seek help from my family members but after a phone call with Sir Angel Secerio he provided a flexible payment plan and that’s when I decided to take the program last February 2018. Right from the get go, he told me that there is a huge chance that I will be able to go to the US if ever a bag an award for such exam. That really motivated me to do well in the exams.

Being able to balance work and studies is not an easy feat. I was always out of town for work and was not able to attend much of the reviews but the Insights team was very supportive of me. They would email me materials so that I can study more for the exams. They would let me take exams to test my abilities and if I am ready for the exam which really helped me prepare better especially for the essays since I am used to the multiple-choice questions in the board exam. I had an end in mind while preparing for the exam, by December 2018, I should already be a CMA passer. No matter the struggles in work, I always made it a priority to put in at least 3 hours per day on weekdays and 8 hours during weekends to study for the examinations. Repetition and a lot of reading has been tactic and covering as much materials as possible.

My thought process during those times was to study more to reap my benefits in the future. Looking back last December 13, one of my goals has been ticked off and better yet, I earned the gold medal. I am very thankful to Josh, Sir Angel and the whole Insights team, because without them, my dream of becoming a CMA will remain as that, a dream. My family also has been very supportive since day one. And most especially, I thank God for blessing me with this feat. With the right dedication, prayer, support and a little bit of luck, anything can happen. To aspiring CMAs, whenever you experience failures, don’t ever give up. I have personally experienced failing many times and I chose to get up. It has become my mantra that a setback is always a setup for a comeback.

About the Author:

Maaku Saito is a magna cum laude graduate from the University of San Carlos in Cebu City. He earned his CPA title back in 2017, passing the tough May 2017 CPALE with a rating of 91.83%, the fourth highest in that examination. He is currently working in the most prestigious accounting firm in the Philippines.

From Oblivious to Finding my Mark

I started out as a fresh face, oblivious to the daily activities of the corporate world. That phase ended when I was introduced to a fellow professor of mine in the university. Every session he would initiate the lecture by asking the class how our day went. Good or bad, it was amazing how we all connected, it was as if the Great Berlin wall broke down and we were comforted by an everyday warmth of laughter and learning. This just goes to show that once an immense passion is brought up, an immense passion to teach, to learn, to grow and to connect; it will eventually be reciprocated to you.

At this time you would’ve already been doubting how this is all related to my CMA journey. I don’t blame you, but let me continue.

I was just an average college student struggling my way to get a passing mark, it was considerably challenging yet I found myself wanting to learn so I kept asking questions and once I did, I was drawn to the complexity of accounting and finance and how businesses revolve around these two important aspects of our lives.

I was determined to not just only pass but to win, not just only to lose little but to win big; for that I needed a reason to be better and my drive for my successes has always been my family. Their everyday struggle to earn has been my everyday drive to become the best of who I am. I started to do research on how I can broaden my skills and be a full pledged professional ready for combat.

Luckily, the university was providing a CMA program, which I  was doubtful at first. I mean, come on, if you were asked to spend half a hundred thousand pesos on a license, wouldn’t you be at least curious at what the program is all about and if the program is, in fact, legitimate? I know I would.

I did a background check and eventually decided to enroll myself in it. It was difficult at first but once I got the discipline of making it a habit to study everyday and to remind myself of my reason to succeed, I was able to pass both exams on the same testing window.

A simple tip for people who are on their CMA journey,“ Know what you want and why you want it.” It must not only be a want. You have to find that hunger and resolve; and in a few months time, I believe you’ll also reach your destination.

About the Author:

Mark Jason Te is a graduate of Management Accounting from the University of Santo Tomas, with goals of being financially literate in the cities of Hong Kong while taking care of his family in the process.

Driven to Succeed

“There is no substitute for a good preparation”- A line that marked my mind ever since college.

I was just a typical male student back then–spending 70% of my time on computer games and 30% on studies. During that phase, I was having difficulties on the subject Management Accounting Services (MAS).

During the review for the CPA board exams, I placed extra effort on that subject and voila, it was my top subject in the actual CPA board! This was the first clue in my life that I knew I was headed to something amazing!

Henceforth, my CMA story started when I was employed in SGV. After extraneous busy seasons, I’ve decided to pursue greater education–thus I’ve thought about getting masterals, CIA and CISA, etc.

This took a lot of time. It was then when I rode a bus going home and read an advertisement regarding CMA. I remember telling myself back then that I would aim to becoming a Certified Management Accountant someday after passing the CPA board exams.

It was just then a dream, now it’s just within my reach. I decided to get the contact details within the advertisement and tried contacting Insights. There, I met Sir Angel, a highly respected, English-speaking professional using highfalutin words and prominent among CMAs! I’ve also met Sir Kenji- a prodigy, who was the lead instructor of Insights Financial Review Services! From there I knew that my journey to becoming a CMA began- and I knew that I was in good hands.

I was a working professional so balancing work and review was indeed a challenge. Plus, the review sessions were only conducted during the weekends, sometimes half day, sometimes whole day. It was indeed a sacrifice knowing that it would entail dedication, focus and discipline- I was committing 5-6 months of my life for this title!

I can say that it wasn’t really easy. I had to reason out with my friends every time they asked to hang out. I needed to distance myself from “distractions” because if I wanted this to happen, I have to give my 100% on this. I told this to my parents and surely they understood my situation- I’ve even convinced my father to accompany me here in Manila on the week of my exams (given the fact that I only live alone and my father is employed as captain of a ship), in which he agreed.

Five months have passed and the month of the two-part exams arrived, and it suddenly hit me. Am I prepared to take the exams? Have I given my 100% in the review? I know I did but somehow I felt like the time was not enough. I’ve even talked to my review mates about the mixed emotions that I was having. That’s where I realized that having a set of friends with the same purpose can be of great help- they were a vital support system all throughout the review! Them, together with my parents’ support, my siblings’ encouragement and my loved ones’ trust, I got fortified!

Then came the week of exams- I was nervous, at the same time excited. I said to myself, “I have the perfect chance ahead of me to realize my dream. All the hard work poured into this two-day examination.”

I can say that the exam was not easy- it was really challenging! All that’s left to do is hope for the best and pray!

6 weeks after, the results came! Alas! All the hard work paid off! The first thing I did? I prayed to the Almighty Jehovah God, with tears rolling down my cheeks. All the sacrifices paid off and it was all worth it! He indeed answers prayers.

It’s not that I’m bragging, but I knew I was going to become a CMA because I was going to make it happen. Big thanks to the Insights review team for guiding us all throughout the journey!

Finally, let me share this wonderful quote: “Believe you can and you’re halfway there” – Theodore Roosevelt

About the Author:

James C. Mercado, CPA, CMA, is a BS in Accountancy graduate from Saint Louis University-Baguio in March, 2012. He is currently employed as Senior Advisory/Audit Associate in one of the Big 4 firms in the country.

Fruit of Good Labor

One year ago, I dreamt of having a CMA Certification. Up until now, I could still vividly remember how God brought me to the finish line of my CMA journey. Who would have thought that an average student can turn into something worth being proud of?

I heard of this certification through a friend (Ate MJ Gaces, Hi!), a fellow Thomasian, who took and passed her CPA and CMA Exam in the same year. Upon seeing her, I told myself, “If others can, then who in the world would say that I can’t?”

An opportunity came for us BSMA students to be included in the Elite Batch for CMA review. It was still uncertain for me to be included because they were prioritizing the first three blocks in our batch and I was on the 4th. I steadfastly prayed for a slot and luckily the odds favored me; I eventually got my application form filled up.

I came to my parents to tell about my big leap to take that certification. They had no second thoughts about my decision and were very supportive of my plans, though it would entail a lot of money. They must be really confident that I could pass the 2-part exam.

Every CMA journey is a commitment. It was never an easy task for me and my other batchmates to juggle the demands of our undergrad courses and reviews. I had to cut all my commitments during weekends.

Knowing I had to lessen some of my family time and church activities is really a sacrifice. But my dream to become a CMA is on season. I had to tell myself that there’s a time for everything and I have to prioritize my review during weekends. Knowing that it was also a crucial year for us (because we were graduating), left me thinking if I could really balance all my commitments. But those thoughts of mine were just like mists and were yet replaced by positivity.

I could still remember all my efforts just to have my passport granted (Passport as the popularly accepted valid ID for the Prometric testing center) before my part 2 exam. I had a quiz the same day when I went to the province to process my police, NBI clearance and other requirements that I needed to process my passport. It was very exhausting to travel back and forth early the same day knowing I had to take a quiz in the afternoon.

Another tiresome moment was my appearance for my passport coincided with my accounting quiz. Those were the moments when I felt like giving up because I didn’t know anymore what to prioritize. I was facing a lot of constraints back then. But I still pushed through and things just fell into its proper places. All things worked together for my good.

December came, what a great time to be with your loved ones. But no, discipline is a must and the review was still on. And the exam date was nearly approaching. And yet, I was still in complacency. I participated the test drills and weekend reviews diligently but I was not scoring as high as the others. Maybe it was because I was half-hearted back then and not giving my 100%.

Sir Angel advised me to have my exam rescheduled. I’m thankful for the full support of Insights Financial Review Services for they were there to assess my readiness for the exam. I trusted them because I knew that they just wanted what’s best for me. And so I did. I doubled my effort during January and February 2016 exam window.

I took my Part 2 exam on the 28th of February and got my result on April. I could still remember how I jumped up my chair upon knowing the results. It was really an answered prayer for me, my family, friends and church-mates.

It didn’t stop there. Finally, I graduated last June. And there came my Part 1 exam the same month.

Everything just fell apart. I didn’t pass! You really cannot know the pain of failing unless you’ve experienced it first-hand. No comforting words could heal the pain of failing. I could not help but cry that night. There’s no one that I could blame for that failure except myself. I was praying and crying hard assessing myself where it had gone wrong.

Another dilemma for me was how I would tell my parents that the baby girl they were rooting for didn’t pass. But I had my God who was there all the way. And so I told my parents together with my comeback plan to have it rescheduled right away sometime in October. I wanted them to know that I’m still determined of what I am dreaming of, and that is to get that CMA certification before the year ends.

I gained again the drive and motivation to get going because of that setback. If I redeemed myself once, I could make it twice.

Currently I’m pursuing my BSA degree and to juggle again the review for my retake is a challenge yet not anymore new for me. So I did what was required of me. I didn’t just double the effort. I tripled it. I answered thousands of questions, read all the materials and focused on the essay. I did everything that I haven’t done before during my past reviews. I cleared my mind of complacency. I decided to devote again my weekends to have my self-review. I could not afford to lose this chance anymore, that’s what I kept on saying to myself. A lot of money, time and effort would be in vain again if I won’t give my 100% on this.

October came, exams taken, on to the waiting game. Finally, what I have been waiting for was not in vain.

I passed my Part 1 retake exam!

My prayers had been answered again. Three-letter word next to my name finally became real. It was all because of the twists and turns of my CMA journey that led to its end goal.

Sometimes, in order for us to get the sweet fruits of our labor, we have to reap first the bitter ones. Those bitter ones that will push us to wait a little longer–a little longer that will help us learn the value of true success.

I will never be ashamed of my failures, because every good dish has its spices and so is success! Lastly, be grateful for the people who help you along the way to finish the journey. May it be your friend, classmate, professor, reviewer and especially to God.

Can’t wait to hear your own CMA journey. Start dreaming. Start with Insights!

About the Author:

Jane Janine M. Caringal is a B.S. in Management Accounting graduate of the University of Santo Tomas in June, 2016. She is currently a B.S. in Accountancy student of the La Consolacion College Manila, expecting to graduate and take the CPA licensure examination this year.

Road to Progress

After college, I really wanted to study further for the progression of my career. I had few options in mind but I decided to get the CMA certification since this is the one that will greatly contribute to my interest in the field of financial planning. My problem then was I didn’t know where to apply and review for the exam. Luckily I have a friend from UST who knows Insights so we applied together.

When I decided to go for the CMA exam, I knew it’s going to be challenging to balance work and the CMA exam. I didn’t want my work to suffer but at the same time I wanted to do well in the exam. I had a hard time adjusting my daily habits and weekend schedule to review. I barely had the opportunity to study during weekdays because it is difficult for me to wake up very early in the morning. Studying in the evening didn’t work out for me as well because I would be very exhausted from work. To compensate for this, I had to study all day during weekends. Sometimes, I even had to miss going out with family and friends. I thought these were just small sacrifices that must be made to have bigger returns in the future.  There were multiple times that I felt frustrated because I wasn’t able to follow my review schedule, but I decided that there’s no use worrying over it and just remained positive and made the best use of the time left.

Thankfully, after several months of studying, I passed the two-part exam and now I can proudly say that I am a CMA. I am really thankful to Insights Financial Review Services for providing what we needed to be successful in our exam, and to Sir Angel for continuously checking on me while I was reviewing.

Preparing for the exam was all worth it. With the knowledge and opportunities I’ve gained because of CMA, my goal to progress further in my career was met.

About the Author: 

Bettina Cheng graduated from DLSU-Manila and is pursuing a career in finance and corporate planning. She is currently working in Federal Land as a budget and finance officer.