What would be the starting salary for an Indian CMA (ICWA)? Would doing MBA after CMA be wise and get you a higher pay?
Asked by Mohammed Wajihuddin
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2 Answers
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The starting salary may start from Rs.3 lakhs or higher for CMA. If MBA is pursued from a reputed B-school, then one can get a higher salary package. In today scenario, the starting package for a fresher is very less, but opportunities are very good after MBA. -
India CMA/ICWA is well recognised in India. Outside India, the recognition is not as much because different countries would have their own, country-wise recognised cost accounting course. For example, the cost accounting in England is called the CIMA and in the US it is called the US CMA. When it comes to US CMA, the situation is different. US CMA is globally recognised and a significant reason for this is because of the global level presence of the American companies and MNCs. CMAs also earn about 15-20% more than their non-CMA peers.
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