What is the USA CMA course and is it beneficial?
Greetings, aspirant!
The CMA course is offered by Institute of Management Accountants, USA, the worldwide association of accountants and professionals with a finance background.
This course is recognised by most MNCs and Institutions throughout the world. The course is about a year long and consists of 2 papers. The maximum duration granted by the IMA once a candidate registers is 3 years.
The eligibility criteria to apply for the course is:-
- Candidate should have a bachelor's degree from a recognised university
- A minimum 2 years of work experience as a management accountant or equivalent post of financial background.
The salary of a CMA in India would be around 4-6LPA for a fresher. This salary would go up as one's experience does.
One of the differences between US CMA and Indian CMA is the duration which is about 6m-1y for US CMA while it is 3-4y for Indian CMA. Another difference is the recognition they receive, which is global for US CMA whereas it is national to Indian CMA.
Hope this information helps
Best of luck!!
