CMA quick question

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Hello,

Question: CMA requires 2 years of experience fulfilled prior or up to 7 years after the examination date. Does this mean if I pass the exam (I'm taking it next semester since I'll have my bachelors in hand at the end of that term) that I will NOT have the CMA credential issued to me until I satisfy the 2 years experience even though I've been running my own small business for a year? The 7 year can be a bit misleading since it could mean that it will be issued upon passing the exam and having your BS but if you fail to meet the 2 year requirement within the 7 year window then it will be revoked. Or it could also mean that it won't be issued until the 2 years is met. Which one is it?

Thanks in advance.
 
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