IMA Fall 2017 Handbook

INSTITUTE OF MANAGEMENT ACCOUNTANTS

THE INTERNATIONAL ORGANIZATION FOR
FINANCIAL MANAGEMENT SKILLS AND INFORMATION

STUDENTS AND PROFESSIONALS

UMKC STUDENT CHAPTER

MEMBERSHIP HANDBOOK

FALL 2017

CHAPTER DIRECTORY

Official Club Email for Contact:
[email protected]

Announcement Bulletin Board:
Located on 1st floor on the right side of the central stairwell from the
main entrance

Official Website for News Updates:
https://sites.google.com/site/imastudentchapterumkc/

Official IMA Website:
https://www.imanet.org/students?ssopc=1

Executive Officers and Faculty Advisor:

Chief Executive Officer Heather King
Chief Information Officer [email protected]
Chief Financial Officer
Faculty Advisor Babs Bradhurst
[email protected]

Stella Yee
[email protected]

Dr. Kimberly S. Church
[email protected]

REASONS TO JOIN

In today’s business world, students are becoming increasingly aware of
the benefits that arise from belonging to student organizations while
attending school. The opportunities to network with local business
professionals, expand interpersonal and communication skills, and gain
access to potential scholarships are just a few of the many benefits students
come across.

The Institute of Management Accountants, or commonly known as
IMA, is an international organization that can offer students several chances
to better themselves for a more successful career. The most comparable
organization that is currently active at UMKC is Beta Alpha Psi. The mission of
the IMA Student Chapter is to serve as a compliment and operate alongside
Beta Alpha Psi, so together we can help provide more added-value
opportunities and encourage growing active participation by aiming to best
accommodate all students at UMKC.

1 IMA STUDENT BENEFITS

Build your resume and professional network through IMA’s events
and resources.

Student Discounts

IMA offer student members access to many IMA membership benefits at
significantly reduced rates:
 IMA Student membership fee of $39 (regularly $215)
 Reduced CMA certification entrance and exam fees

Student Leadership Conference

https://www.imastudentconference.org/
 This annual exclusive event enables students to explore management

accounting career options first-hand while networking with
experienced professionals. This year, the conference will be held in
Houston, Texas with attending companies like HP, Schlumberger, FBI,
many more.

Scholarships

https://www.imanet.org/students/scholarships-and-awards?ssopc=1
IMA sponsors a variety of scholarship programs to help offset the high
cost of education:
 IMA Memorial Education Fund Scholarships
 Stuart Cameron and Margaret McLeod Memorial Scholarship
 Rolf S. Jaehnigan Family Scholarship
 IMA Research Foundation (IRF) grant program for doctoral students

pursuing research in management accounting

Networking

IMA Offers several options for you to engage with other students,
professionals, academics, and thought leaders:
 Student chapters at colleges and universities
 Local IMA chapters throughout the world (Kansas City Chapter

Publication and Educational Resources

 Strategic Finance magazine
 Topical and timely webinars
 Campus Connection e-newsletter
 McLeod library

Job Connections

Once you enter the profession, you will have access to:
 A specialized page on LinkUp IMA helps job-seeking members find

positions
 An excellent source of targeted job postings in accounting and

finance

CMA Certification

https://www.imanet.org/-/media/
b2dd5a80dae54e46b630d64fcd5d11cb.ashx
Begin the CMA (Certified Management Accountant) program while you
are still in school and get a head start on earning this essential credential.
 Scholarship for study materials and exams

Awards and Competitions

As vital members of the IMA community, students and their chapters are
eligible for various awards:
 IMA Student Case Competition—recognizes the student team with the

best solution to a published case
 Award of Excellence and Outstanding Student Chapters—recognizes

student chapter activities that advance the mission of IMA
 Student Manuscript Award—winning articles are published on the

IMA/ Strategic Finance website
 Clark Johnson Achievement Award—recognizes the student chapter

2 MEMBERSHIP

REQUIREMENTS & PROCESS

Student membership with the IMA Student Chapter is open to all UMKC
students. It is recommended that student members pursue a degree in
accounting, finance, management, or management information systems. All
members are expected to behave ethically and responsibly.

Full Student Membership

 Must be enrolled in six (6) or more undergraduate or graduate credit hours
per semester at UMKC

 Required to submit IMA National membership application form and pay IMA
National fee ($39, or $25 with discount code) which is good for one-year

 Required to submit IMA Student Chapter membership application form and
pay UMKC IMA Student fee ($15) per semester

 Required to show proof of IMA National membership
 Can enroll any time throughout the semester
 Able to attend all events and meetings

Associate Student Membership

 Must be enrolled in less than six (6) undergraduate or graduate credit hours
per semester at UMKC

 Required to show proof of enrollment for ineligibility for IMA National
Membership to qualify

 Required to submit IMA Student Chapter membership application form and
pay UMKC IMA Student fee ($15) per semester

 Can enroll at any time throughout the semester
 Able to attend all events and meetings

Fun Fact!

Once a student member graduates, you will still be able to extend your
membership by taking the opportunity to become an IMA Professional Member
on both the IMA National and Local levels.

ATTENDANCE AND PARTICIPATION

Student members are welcome to attend all events and meetings as
many as desired. There is no minimum required.

REVOCATION OF MEMBERSHIP

Membership shall be revoked when proper attitudes and procedures
are not followed when representing the IMA Student Chapter.

3 MEMBERSHIP

APPLICATIONS

National Membership Application
—Method 1 (Online)

1. Go to http://www.imaonlinestore.com/personifyebusiness/
Membership.aspx

2. Please choose “Student Membership” for $39 by clicking “JOIN”.
3. Create a new user account and fill out the necessary information.
4. When you reach the payment page, you may use the special dis-

count code you have obtained from one of the Officers so you may
pay $25 instead. (To get discount code, please reach out to one of
the Officers.)
5. Print out or provide an electronic copy to the Officers or Faculty Advi-
sor the receipt and any other documentation showing proof of your
official IMA National Membership.
6. You’re done! If you encountered any issues or have questions, please
do not hesitate to contact [email protected]
Thanks!

National Membership Application
—Method 2 (Paper Submission)

Next page



Student Chapter Membership Application
—(Paper Submission)

APPLICATION FOR MEMBERSHIP

Last Name: ___________________________ First Name: _____________________________________

Permanent Address:
_________________________________________________________________________________

Cell Phone: (______)________________________________

UMKC (SSO) E-Mail:
___________________________________________________

Student ID#:
___________________________________________________

Present Class Standing (pick one):
______ Sophomore
______ Junior
______ Senior
______ Graduate

Anticipated Graduation Date:
__________________________________________________

Would you be interested in pursuing leadership opportunities in our club? (check one)
______ Yes
______ No

4 IMA HONOR SOCIETY

MEMBERSHIP

About

The IMA Accounting Honor Society (IAHS) recognizes and honors academic
achievement in the study of accounting and provides an opportunity for students to
differentiate themselves as they begin their career journey. IAHS membership is
available to all students who meet the eligibility criteria.

Member Benefits

 Certificate of Achievement
 Graduation Cord
 LinkedIn Community and e-Newsletter
 Digital Badge

Are you eligible?

☐ Attend an accredited college or university in the U.S.
☐ Have taken a minimum of three accounting courses ( this can include the

principle courses)
☐ Be in your junior year or later in an undergraduate program or enrolled in a

graduate or Ph.D program
☐ Be a declared Accounting, Finance, or IT major
☐ Have an overall and accounting GPA of 3.0
☐ Provide your transcript as proof of eligibility
☐ Pay a one-time fee of $50 for a lifetime membership

To Apply:

http://www.imaonlinestore.com/PersonifyEbusiness/Default.aspx?

5 IMA EVENT SCHEDULE

Event/Meeting Additional Information Location Date / Time

Kick-Off / Networking Event Casual attire / Free pizza and drinks BEH 331 Wednesday, September
ALL students welcome UMKC 27th
Informal “come and go” social event
Student opportunities & membership Reservations through KC Chamber of Com- Tuesday, October 10th
[email protected] merce offices in Un- 7:30 am
drive
by Friday, October 6th ion Station
KC Professional Chapter Breakfast $10 for Student Members
Meeting

Speaker: Lee Smithson Burd of
Smithson Burd Advising

Topic: Hit the Ground Running—Your
First 90 Days

IMA Student Leadership Conference Travel reimbursement may be available, Marriott Marquis November 9—11, 2017
Houston, TX
Hear from inspiring speakers and con- contact umkcimastudentchap- Tuesday, November
nect from industry leaders! Companies [email protected] for details! H&R Block, 14th
Registration open now! downtown Kansas
nationwide 5:30—7:00 pm
City Wednesday, November
will be there recruiting!
TBD 29th
KC Professional Chapter EVENING Reservations through 4:00-5:15pm
Meeting [email protected]

Special tour of H&R Block, including by Friday, November 10th
guest speaker $10 for Student Members

Joint event with Beta Alpha Psi Casual attire / Free pizza and drinks
Speaker and topic to be announced ALL students welcome

KC Professional Chapter Breakfast Reservations through TBD Tuesday, December
Meeting [email protected] Indianapolis 12th

Speaker and topic to be announced by Friday, December 8th 7:30 am
$10 for Student Members
June 16—20, 2018
IMA Annual Conference Travel reimbursement may be available,

The only conference offering 8 Special- contact umkcimastudentchap-
ty Tracks designed specifically for man- [email protected] for details!

agement accountants.