Career opportunities for CMA USA

-

 



The certified management accountant (CMA) credential awarded by IMA (US) is an advanced professional certification that is equivalent to CMA(India)  as per an MOU signed between IMA and ICMAI (India).CMA (US) provides a tangible to the CMA (India)certification provided by the ICMAI.

Earning a CMA (US) professional certification demonstrates the professional expertise of a person in financial planning,analysis, decision support, control, and professional ethics.These are the skills that are demanded by top MNCs around the world and in India. India is fast becoming the financial capital of the world due to the brilliant minds in the country.

Who is it for?

In the early part of the century, Management courses were the hotcakes.Management courses still hold value, but unless the degree is earned from respectable institution, the value is pretty low in comparison.

The managerial decisions taken in companies today are very much tied to the Financial path of the company. The change in the dynamics of the corporate world has brought in the need for management professionals with financial prowess to make decisions.

The absorption rate of CMA professionals far outweighs any other graduate professionals. If coupled with a management degree the qualified professional becomes a prime candidate for many opportunities. One could even say, CMA is the new MBA given the ramifications it can have in a person’s future curve.

The Future is Bright

What gives CMA an upper edge is its practicality while working in large financial corporates. CMA can be defined as a specialization for professionals and students who wish to measure critical accounting and financial management skills in depth. These skills can help professionals to make managerial decisions and help the decision-making process.

Career prospects after completing CMA (USA):

Some of the job roles that you expect after completing CMA are:

  • Finance Manager
  • Financial Analyst
  • Financial Risk Manager
  • Financial Controller
  • Cost Accountant
  • Chief Financial Officer
  • Cost Manager
  • Relationship Manager

CMA(US) qualified professionals are employed in India as well as abroad. It is globally recognized qualification and helps the professional to become globally viable. Large MNCs present in India requires management experts who have the financial prowess to make management decisions. The managerial scope that CMA(US) provides now is unmatchable.

Do it with the Best

CMAs are placed in well paid and key Managerial posts in most of the MNCs in India.Entry-level pay as a fresher can vary between Rs.8 Lakhs to 15 lakhs Rs per annum with key managerial entry into the MNCs.


Comments

Post a Comment

Popular posts from this blog

Good Stocks Are Never Cheap: Understanding the Value of Quality Investments

-
Introduction Investing in the stock market can be both exciting and daunting. As an investor, you may often come across the adage that "good stocks are never cheap." While it may sound discouraging at first, this statement holds a valuable lesson for those seeking long-term financial growth. In this article, we will explore the concept behind this belief and understand why quality investments tend to come with a higher price tag. The Illusion of Cheap Stocks In the world of investing, the term "cheap" can be misleading. Novice investors often associate low-priced stocks with attractive investment opportunities, assuming that they have the potential for substantial gains. However, there is a crucial distinction between the price and the value of a stock. Value vs. Price The value of a stock represents its intrinsic worth based on various factors such as the company's financial health, growth prospects, competitive position, and overall market conditions. On ...
Read more

Will AI(Artificial Intelligence) Replace Human Resource Professionals in the Future?

-
  Introduction In recent years, the rapid advancements in artificial intelligence (AI) have led to speculation about its potential impact on various industries, including human resources (HR). The integration of AI technologies into HR processes has raised the question: will AI eventually replace human resource professionals in the future? While AI has undoubtedly transformed the way HR functions, the extent to which it will replace human involvement remains a topic of debate. The Current Role of AI in HR AI has already made significant inroads in the field of human resources, revolutionizing many aspects of the profession. Tasks such as resume screening, candidate sourcing, and even initial rounds of interviews are now being automated through AI-driven algorithms. This has streamlined recruitment processes, enabling HR professionals to focus on more strategic and value-added activities. Additionally, AI-powered chatbots and virtual assistants have become commonplace in handl...
Read more

Is Trading Gambling? Myths and Truth

-
  Introduction: I n the world of finance, trading has always been a topic of debate. Some argue that trading is nothing more than a sophisticated form of gambling, while others claim that it is a skill-based profession rooted in analysis and strategy. So, is trading really just a fancy way of gambling, or is there more to it? Let's delve into this contentious subject and separate fact from fiction. The Similarities: At first glance, there are undeniable similarities between trading and gambling. Both involve risk-taking, the potential for financial gain or loss , and an element of uncertainty. In both activities, participants make decisions based on available information and attempt to predict future outcomes. These shared characteristics have led to the perception that trading is akin to gambling. The Differences: While trading and gambling share some similarities , they also have crucial differences that set them apart. One fundamental distinction lies in the presence of a ...
Read more