Gleim is the established leader in CMA prep. It has the largest test bank in the category, a long track record, and graded essay practice for the constructed-response section that both CMA parts include. If you ask the CMA study groups what to buy, Gleim is the first name most people give.

I built FreeFellow as a free and low-cost alternative for CMA candidates who want to drill the full question bank without paying four figures first. I am the founder, Jeffrey Ting, FSA, CFA, and this post is self-interested. Gleim is genuinely ahead in places, the essay section first among them.

What Each Provider Offers

Gleim CMA (2026)

Gleim's CMA review page lists these two-part review packages (June 2026 price record):

  • Traditional through Premium packages run about $1,499 to $1,799 for both parts.
  • You get the largest CMA test bank in the category, video lectures, a study text, simulated exams, graded essay practice, and an access guarantee on the higher tiers.

FreeFellow CMA (2026)

FreeFellow has a free tier and two paid tiers. The annual comparison below uses Fellow Plus:

  • Free: $0. The full CMA question bank: Part 1 (Financial Planning, Performance, and Analytics, 788 questions) and Part 2 (Strategic Financial Management, 585), with step-by-step solutions, 41 written lessons, mixed practice, readiness scoring, and a copy-to-AI essay prompt builder. No trial, no question cap, no credit card.
  • Fellow Plus: $199 per year per track. Includes timed mock exams, SM-2 spaced-repetition flashcards, performance analytics, and a personalized study plan. Fellow Plus also includes common traps. Fellow costs $39 per month or $79 per quarter per track and includes the mocks, flashcards, analytics, and study plan.

Side-by-Side Comparison

Feature FreeFellow Free FreeFellow Fellow Plus Gleim CMA
Price $0 $199/yr per track $1,499 to $1,799 for both parts
Browse the full bank free Yes, both parts Yes No, paywalled
Practice questions 788 + 585 Same Largest bank in category, paywalled
Video lectures None None Full library
Lessons 41 written 41 written Study text
Graded essay practice Copy-to-AI prompt builder Copy-to-AI prompt builder Dedicated in-app grading
Mock exams None Multiple, timed Simulated exams
Flashcards None SM-2 spaced repetition Included
Analytics Readiness score Topic-level plus trends Performance tracking
Track record Newer (since 2024) Newer Long-established CMA leader
Key Concept

Gleim is the established CMA leader, with the largest test bank, video instruction, and dedicated graded essay practice. FreeFellow gives the entire bank away free and is a small fraction of the cost on the paid tier, with the gap being essays and video. The two solve different problems.

Where Gleim Is Genuinely Better

Graded essay practice

Each CMA part includes a second section of case-based question sets (essays before the September/October 2026 window). Gleim has dedicated graded essay practice built into the platform. FreeFellow free tier ships a copy-to-AI prompt builder that hands you a structured prompt to paste into your own ChatGPT or Claude for feedback, but FreeFellow does not yet have a dedicated in-app CMA essay grader. If you want hands-on graded essay practice inside one platform, Gleim is stronger there today.

Established leader and largest bank

Gleim has the deepest CMA test bank and decades of refinement against the exam. FreeFellow is newer and has a smaller bank.

Video instruction

Gleim includes a full video library. For candidates seeing variance analysis or strategic financial management for the first time, video earns its keep. FreeFellow has written lessons but no video.

Where FreeFellow Is Genuinely Better

The full bank is free

FreeFellow gives you the entire CMA question bank for both parts, with step-by-step solutions and 41 written lessons, for $0, with no trial and no credit card. Gleim gates its bank behind a course purchase. If you want to start drilling today before spending anything, FreeFellow is the lower-friction start.

Cost

Gleim two-part CMA review runs $1,499 to $1,799. FreeFellow free is $0, and Fellow Plus is $199 per year, a small fraction of the Gleim price. For candidates without employer reimbursement, this is the load-bearing difference.

Adaptive practice and mobile-first design

FreeFellow quiz engine targets your weakest topics automatically, and the platform is built for phone and tablet study with lessons for hands-free review. Gleim is usable on mobile but is built desktop-first.

The gaps on FreeFellow's side

FreeFellow has no video lectures and no dedicated in-app essay grader. If those are what you need, Gleim has them.

Recommendation by Candidate Type

Candidate without employer reimbursement

FreeFellow free plus the IMA learning materials. Drill the full bank across both parts, use the copy-to-AI prompt builder for essay feedback, and add Fellow Plus ($199) for timed mocks and a study plan.

Candidate who wants dedicated essay grading and video

Gleim. The graded essay practice and video lectures are the things FreeFellow does not have in-app. Supplement with FreeFellow free for extra question volume.

Repeat taker on one part

FreeFellow Fellow Plus. You need question volume, timed mocks, and analytics to find the gap, plus essay practice through the prompt builder.

Common Trap

Buying the Gleim Premium two-part CMA package and using half of it is worse than using a free bank fully and adding only what you need. Start free, and pay for essays or video only if you will actually use them.

What I Would Pick If I Were Sitting Today

I would drill FreeFellow free question bank across both parts, read the 41 lessons, and use the copy-to-AI prompt builder to grade my essays in Claude. I would add Fellow Plus ($199) for timed mocks and a study plan. If I felt I needed structured in-app essay grading or video on a tough topic, I would consider Gleim for that. Total out of pocket: $0 to $199, plus a targeted Gleim purchase only if I wanted essays or video in one place.

Gleim is genuinely good and is the established CMA leader. It is also expensive. For candidates who want to keep prep affordable and grade essays with a free AI workflow, FreeFellow is built for that.

Start Today

FreeFellow's CMA practice pages are open with the full Part 1 and Part 2 question banks and 41 lessons free. Samples are open to anyone; the full banks and written lessons need a free account. The Fellow Plus tier (mocks, flashcards, analytics, study plan) is on the pricing page.

FreeFellow is not affiliated with, sponsored by, or endorsed by the IMA or ICMA. CMA and Certified Management Accountant are trademarks of the Institute of Management Accountants. Gleim is a trademark of its respective owner and is named here for identification and comparison only.