The Certified Management Accountant (CMA US), offered by the International Management Accountants (IMA USA), is being considered as a top order professional management accounting credential and recognised across the globe including India. The minimum academic eligibility to write this 2-part online exam is graduation. In India, particularly, the MNCs are the main hiring organisations for qualified US CMAs as a whole.
Earning the CMA US credential therefore, can significantly uplift your accounting career in several ways as mentioned below:
Global Recognition:
The CMA US certification is recognized worldwide, which can open up opportunities for international career advancement.
Enhanced Skills:
The rigorous CMA US exam covers various areas of management accounting and financial management, equipping you with in-depth knowledge and skills relevant to today’s business environment.
Career Advancement:
Many employers value the CMA US designation and may prefer candidates who hold it for managerial and leadership roles within their organizations. It can give you a competitive edge in the job market and increase your chances of promotions.
Networking Opportunities:
Becoming a CMA US connects you with a vast network of professionals in the field through membership in professional organizations such as the Institute of Management Accountants (IMA). Networking can lead to new job opportunities, mentorship, and valuable industry insights.
Higher Earning Potential:
US CMAs often command higher salaries compared to non-certified professionals. According to the IMA’s 2021 Global Salary Survey, US CMAs earn on average 63% more in total compensation than their non-certified counterparts.
Continuing Professional Development:
Maintaining your CMA US certification requires ongoing education, ensuring that you stay updated with the latest developments in management accounting and financial management throughout your career.
Diverse Career Paths:
The CMA US designation is versatile and can lead to various career paths, including financial analysis, strategic planning, corporate finance, risk management, and more.
Overall, obtaining the CMA US certification demonstrates your commitment to excellence in management accounting and can significantly accelerate your career progression in the accounting field.
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Additionally, we invite you to explore our other blogs covering various topics related to the CMA. Feel free to delve into them at your leisure, tailored to your specific interests:
Navigating the Eligibility Criteria for the CMA US Exam: What You Need to Know
The Ultimate Guide to Certified Management Accountant (CMA US) Registration: Steps and Tips
Balancing Work, Life and US CMA Exam Preparation: Practical Advice
The Future of Management Accounting: How the US CMA Credential is Evolving
Women in Management Accounting: Breaking the Glass Ceiling with US CMA