What are the advantages of CMA?

0 25 Views | Posted 6 years ago
Asked by sanitha suni

  • 2 Answers

  • R

    Answered by

    Rohan Ahuja | Guide-Level 12

    6 years ago
    Hi Sunitha,
    Here are 5 good reasons to pursue CMA:
    1. CMA is the Gold Standard in Management Accounting.
    Your aunts and neighbours may have never heard of the CMA, but in the corporate accounting world, CMA is a very respected designation.
    2. It's Arguably the most global management accounting certification.
    CIMA is the largest in this niche, but the vast majority of members are located in the UK and to a lesser extent Europe and Commonwealth countries.
    3. CMAs get paid more.
    According to a comprehensive study by the IMA and CMA certification holders earn 67% more than their non-certified counterparts.
    4. The IMA makes it easy for us.
    Unlike
    ...more
  • Shiksha Ask & Answer

    Answered by

    Abhishek Dhawan | Contributor-Level 10

    2 months ago

    CMA is a professional course that can lead to a higher earning potential. Once the candidates complete the CMA course, they become more likely to get job offers from Big Four accounting firms and top multinational companies. Even as a new graduate, candidates can expect a starting salary between 6 and 8 lakhs per year. 

    There is always a growing need for CMAs in various industries like manufacturing, healthcare, finance, and technology. Companies hire CMAs to help them manage costs and increase profits. As businesses focus on improving their financial performance, the role of CMAs becomes even more important. This high demand can r

    ...more

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