Both certified medical assistants (CMAs) and registered nurses (RNs) perform genuinely vital healthcare tasks. CMAs and RNs assist licensed doctors and other medical personnel and are often responsible for various patients' general treatment and care.
What does a CMA do, exactly? The role of Certified Management Accountants is to utilize their decision-making, planning, and performance management skills to provide expert advice and reporting. From there, they work to create and implement a financial strategy that will benefit their organization.
₹ 7.0 Lakhs
CMA salary in India ranges between ₹ 2.9 Lakhs to ₹ 40.2 Lakhs with an average annual salary of ₹ 7.0 Lakhs. Salary estimates are based on 33 salaries received from CMAs.
|MBA in Finance Course Fees|
Apr 21, 2017
Employers value the CMA because it shows you can bring future-forward skills like strategic thinking and data analytics to the table. We see many CPAs opting to earn the CMA designation because they want to take their career to the next level.
The CMA exam is very difficult and it will test your intellectual limits. The industry average CMA pass rate for both sections is only 45%, meaning less than half of the people taking the test will pass. The CMA exam is notorious for its rigor and difficulty, and if you want to pass, you need to prepare.
In general, yes, the CMA is a good career. You can see the job scope opportunities listed above. You can also see the many other benefits such as pay increases, job dependability, and personal recognition. These are just some of the reasons candidates decide to go for their CMA.
The duration of the course is 3 years.
Career Prospects after completing CMA
Oct 10, 2018
There is a sustained demand for qualified, trained and experienced cost accountants in India and abroad in different industries and Government Departments.
The CMA certification has a comparatively higher demand. CFA qualification is for equity research and is held recognized among industries dealing with asset management and funds. However, CFAs are also known to acquire very high positions in different companies, since they have a very niche knowledge.
UGC will now treat the Cost Accountant qualification equivalent to the post-graduation degree. Candidates with the Cost Accountant (CMA) qualification will now be treated as post-graduation degree holder and can apply for UGC NET.
|Certification Organised by||ICMA & IMA||Chartered Institute of management accountants|
Apr 15, 2020
This diploma course is an advanced knowledge module that aims to develop further proficiency in various facets of management accounting activities of CMAs in various organisations.
The highest salary for a CMA in London, United Kingdom Area is £66,426 per year. What is the lowest salary for a CMA in London, United Kingdom Area? The lowest salary for a CMA in London, United Kingdom Area is £19,035 per year.
After completion of CMAor along with CMA ,doing a MBA from any top b- school in the country gives a lot of advantage by virtue of good placements and increased pay. you can also do MBA from distance learning like symbiosis university. This is also a very good option which can be pursued along with CMA.
In order to become a CMA you must earn a Bachelor's Degree from an accredited university or college. You can also do so by getting a professional certification. CMA candidates often come from varying backgrounds, but the most common degrees include accounting, finance, economics, and general business.
The key pointers that differentiate CMA USA and CMA India
|Features||US CMA||Indian CMA|
|Course format||Two parts||Three parts- foundation, intermediate and final levels|
|Recognition||Globally accepted||In India only|
|Focus of the course||Management accounting||Cost control|
|Articleship||Not required||Minimum of six months|
Jan 28, 2022