US Certified Management Accountant | CMA Certification | CMA Course Details 2021 | Simandhar Educati

by Sailaja Simandhar Simandhar Education - CPA, CMA, CA, IFRS

US Certified Management Accountant (CMA) is a designation that signifies expertise in strategic management and financial accounting. US CMA certification builds on the proficiency of financial accounting by adding management skills that aid in making strategic business decisions. IMA (Institute of Management Accountants) issues the US CMA certification. US CMAs (Certified Management Accountants) work in the areas of management decision-making, financial analysis and planning. Many auditors, accountants, and financial analysts earn the designation of US CMA to advance in their careers.

Benefits of CMA Certification:

Here are some of the advantages of having a CMA certification:

1. Business Approval:

CMA certification is considered as one of the best accounting certifications for management as it has a good amalgamation of accounting and business. In CMA, you can learn all about business aspects, accounting concepts and corporate governance. That’s why the candidates with a CMA certification are often allowed to make business decisions.

2. Career Opportunities:

CMA brings multiple career opportunities. CMA candidates can definitely get better entry-level positions & also many opportunities to be promoted. The CMA certification takes you to managing the accounts, and you can quickly move into a management position as well.

3. Financial Growth:

CMA certification holders can earn 67% more than candidates having just a bachelor’s degree. Also, they can be a part of the management team with good experience. Having a CMA certification makes you eligible for good pay. The average annual salary of a CMA in India would be around 8 lakhs INR according to payscale.com.

4. Global Opportunities:

CMA certification gives you a better understanding of finance, business and accounts. CMA holders get job opportunities all over the world. They are recognized at a global level. If you have a dream of working abroad, pursuing CMA is the best choice.

US CMA Course in India

In this globalized era, many companies and organizations require CMAs specializing in value creation and business strategy. Over the years, the significance of CMA has been rising fabulously. It is because of the economic growth in India and large foreign business markets. One of the greatest advantages of having US CMA certification is it will open many prospects for Indian candidates. After completing the US CMA course, one can work as a Finance Manager, Financial Analyst, Financial Controller, Internal Auditor, Relationship Manager, Cost Manager, Chief Financial Officer (CFO), and Cost Accountant.

In this corporate accounting world, the CMA USA designation is very respectable. It is specially designed to measure accounting management and critical accounting skills. In Indian MNC’s, the US CMAs have good opportunities. Degree holders with US CMA certification are in high demand by the enterprise, education, training, public and private sectors.

CMA USA certification stands out as a demanding and powerful career option in India. With the unprecedented rate at which most of the companies, enterprises, and organizations transform globally, the CMA career prospects are rising in all the economic activities.

The reasons behind the huge prospect for US CMA course in India are:

Management consulting expertise is a must for organizations to run the same in a very effective way.

CMAs have good growth in manufacturing industries.

US CMAs have enough knowledge in handling the manufacturing industries’ accounts.