What is CMA all about? What are its job prospects in India?

Financial Decision Making. CMA is the US equivalent of the Indian Cost Accountant qualification from The Institute of Cost Accountants of India (formerly ICWAI). CMAs have knowledge of Financial Planning and Analysis, Financial Management, Internal Controls Risk Management. Cost Management. Performance Management, Decision Analysis and Professional Ethics. CMA certification opens a lot of opportunities for candidates in the domestic as well as the global market. It will help you to enhance your financial, accounting and management skills that will expand your career potential and which will help you to stand out from the rest of the crowd. The credentials and knowledge base of a CMA is a big advantage when working with MNCs, financial services or consulting firms.

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CMA Course Details: Many students are asking about CMA Course Details. They have doubts about what is CMA’s Full Form, CMA course syllabus, CMA Course Duration, etc. In the last post, we gave Complete CA Course Details, eligibility and CS Course Details. In this post, we are providing details regarding some doubts about CMA Course. For complete course details see another post complete CIMA Course Details. CMA Course Requirements: By seeing the above Cost and Management Accountant syllabus details you can get a basic idea about CMA course structure, CMA program and related CMA info. Now to become a CMA you need to have required CMA qualifications to apply for the Cost & Management Accountant course. CMA Institute already provided the minimum eligibility information. You can see the details below Cost & Management Accountant Foundation Course Eligibility Student should have passed 10th Class or equivalent from a recognized Board or Institution. Passed Senior Secondary Examination under 10+2 scheme of a recognized Board or an Examination recognized by the Central Government as equivalent there to or has passed National Diploma in Commerce Examination held by the All India Council for Technical Education or any State Board of Technical Education under the authority of the said All India Council, or the Diploma in Rural Service Examination conducted by the National Council of Higher Education. Incumbents waiting for the result can apply for provisional admission. Cost and Management Accountant Intermediate Course Eligibility: Cleared Senior Secondary School Examination (10+2) and Foundation Course of the Institute of Cost Accountants of India/ Graduation in any discipline other than Fine Arts/ Foundation (Entry Level) Part I Examination of CAT of the Institute/ Foundation (Entry Level) Part I Examination and Competency Level Part II Examination of CAT of the Institute. Passed Foundation of ICSI /Intermediate by whatever name called along with 10+2. List of other qualifying examination are given in Annexure VI of prospectus. Average Salary of a CMA in India: The demand for CMAs in India is increasing with the arrival of MNCs and flow of off-shore establishments into our country. Financial Analyst / Internal Auditor / Senior Executive / Finance Manager / Business Analyst / Pricing Analyst / Director- Finance / Chief Financial Officer (CFO) Finance manager earns an average salary of Rs 9.3 LPA. Most people with this job move on to other positions after 20 yea

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The CMA (Cost Management Accounting) is the globally recognised, advanced-level credential appropriate for accountants and financial professionals in the business. Achieving the CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics skills that are in demand by organisations around the world. A CMA qualified professional can be a part of internal reporting team of a company. A CMA has to find out ways to make the company more profitable. To become a CMA, one has to pass 2 parts i.e. Part I and Part II which is conducted in the four windows around the year in any prometric center.

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The Certified Management Accountant (CMA) is professional credential career potential in the field of Accounting and Financial management. CMA syllabus includes Financial Reporting, Planning, Performance, and Control Financial Decision Making. CMA is the US equivalent of the Indian Cost Accountant qualification from The Institute of Cost Accountants of India (formerly ICWAI). CMAs have knowledge of Financial Planning and Analysis, Financial Management, Internal Controls Risk Management. Cost Management. Performance Management, Decision Analysis and Professional Ethics. CMA certification opens a lot of opportunities for candidates in the domestic as well as the global market. It will help you to enhance your financial, accounting and management skills that will expand your career potential and which will help you to stand out from the rest of the crowd. The credentials and knowledge base of a CMA is a big advantage when working with MNCs, financial services or consulting firms.

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