A Certified Management Accountant (CMA) is a US-based advanced certification course for accountants and finance professionals. It is a globally-recognised certification, offered by the Institute of management Accountants (IMA). This course is designed to evaluate the critical accounting and financial management skills of aspirants. CMA aspirants are experts in management accounting and decision-making processes. Hence, international businesses look at them as an important asset.
What are the advantages of a CMA Certificate?
A CMA certification can bring various advantages, making it a highly sought-after course for candidates to pursue. Listed below are its advantages.
- The CMA certificate is a globally-accredited program that allows individuals to showcase their skills and capabilities on an international level.
- The certificate enables students to possess specialized knowledge in the field of finance and management making them excel in management accounting roles.
- This professional certification can boost career prospects by demonstrating a commitment to professional growth and competency in management accounting.
- The CMA certificate is usable across various industries making it a demanding qualification for different fields.
- CMA certificate holders can earn higher salaries as compared to others without a certificate.
- CMA certification is highly valued and recognized within corporate especially for roles involved in managerials and decision-making responsibilities.
Why should you choose a CMA course?
- By securing this prestigious certification, you can gain a competitive edge in the job market, opening various doors to various international job opportunities.
- The CMA course can expand your knowledge by solidifying your skill set in understanding financial management, strategic planning and business operations.
- The CMA certification course allows you to build a strong industry connection by connecting with like-minded people.
- It enables you to demonstrate your passion towards achieving professional growth.
- The scope of the US CMA course is immensely high, providing a comprehensive education and experience and preparing candidates for leading roles.
Who is eligible for CMA certification?
Following are the list of people eligible for CMA certification course:
- The CMA certification is meant for an Undergraduate Student wanting to make career in Management and/or Finance
- It also suitable for a Graduate looking to grow Professionally in the field of Management and/or Finance
- Aimed for MBA, MCom students who struggle to grow professionally due to a lack of a Professional Qualification
- Ideal for CAs who want to grow in MNCs and/or looking for making a career globally
- The US CMA is ideal for Indian CMAs who find it difficult to get decent opportunities in MNCs or looking for making an international career
- The advanced CMA course is apt for candidates seeking a professional qualification at their own pace
- This course is perfect for anyone who irrespective of their background looking to make career in Accounting, Finance or Management areas in India or Globally
What is the scope of the US CMA Course in India?
The prestigious US CMA Certification course is in high demand. The CMA qualification is specially designed to enhance accounting management and critical business thinking skills. In India CMA certificate holders can have good opportunities in top companies including Big4s & MNCs. Additionally, Graduates holding CMA USA certification are in great demand by the enterprise, education, training, public and private sectors.
What kind of job opportunities are available after CMA?
The CMA USA certificate can open doors to various job opportunities both in india and internationally in roles such as:
- Financial Controller
- Chief Financial Officer
- Finance Manager
- Financial Analyst
- Financial Risk Manager
- Cost Accountant
- Budget Analyst
- Senior Accountant
- Risk Analyst
What is the salary of a CMA USA in India?
The salaries of CMAs depend on their professional capabilities and subject knowledge. However, the average salary of CMA certificate holders ranges anywhere between Rs 6 lakhs to Rs 8 lakhs as a fresher. This means a CMA can earn 65% more than a Non-CMA.
How long does it take to clear the CMA USA exams?
The US CMA course can be completed in 12 – 18 months. However, IMA avails three years, from the date of registration, to complete the CMA course.
Looking to upskill yourself in the field of finance and accounting, visit The WallStreet School