CMA stands for the Certified Management Accountant course, one of the respected management accounting programs. Institute for Management Accountants offers certification in US CMA to students worldwide.
So, what is a US CMA course?
The US CMA course is a professional course that helps build the candidate’s skills for them to become able to make important financial decisions in an organization.
Candidates pursuing the US CMA course will just have to pass 2 exams to get the certificate in hand. The US CMA-certified candidates are paid highly because of the curriculum’s high-end technology in testing the candidate’s capabilities. Today, several candidates globally get certification in US CMA to fetch higher opportunities in the finance and accounting fields.
US CMA Course Syllabus
The US CMA aims to offer in-depth accounting knowledge in the areas of financial planning and management along with training the candidates in professional skills. Understanding the CMA USA course details and duration in India is essential to pursue the course without much difficulty.
The certified management accountant course is divided into two parts.
Part 1: The US CMA Part 1 includes topics of financial planning, financial analytics, and financial performance. The subjects under this part are:
- External Financial Reporting Decisions
- Planning, Budgeting, and Forecasting
- Performance Management
- Cost Management
- Internal Controls
- Technology and Analytics
Part 2: The US CMA part 2 educates and trains the candidates in strategic financial management. The subjects under this part are:
- Financial Statement Analysis
- Corporate Finance
- Decision Analysis
- Risk Management
- Investment Decisions
- Professional Ethics
Candidates will have to pass all the exams with the course duration of 6 months to 9 months to get a certification in US CMA.
Career Opportunities after US CMA
Apart from the Big 4 firms, also other big firms like Capgemini, Accenture, and Amazon keenly search and hire CMA candidates in India. One of the reasons is that the certified management accountant course trains the candidates with the utmost motivation and skills so that the candidates can make the right choices with confidence.
CMA-certified candidates get opportunities in several job roles in India and some of them are:
- Financial Director
- Credit Analyst
- Chief Financial Officer
- Cost Accountant
- Finance Manager
- Financial Risk Manager
US CMA Course Salary in India
US CMA-certified candidates have a high potential of getting a reputed job position and a handsome salary package even in a developing country like India.
On average, the starting salary package of a CMA-certified candidate in India is Rs. 1 lac per annum. But this salary package depends upon several factors like the candidate’s experience and skills. Also, the salary depends upon the company profile and the industry. Candidates can even get a salary package of Rs. 74 lacs per annum or even more with good experience, according to Payscale.
Here are the salary packages of some candidates who have completed the certified management accountant course in India.
Financial Analyst – 2.75 lacs per annum to 8.2 lacs per annum
Finance Director – 8.2 lacs per annum to 49.6 lacs per annum
Finance Controller – 6.1 lacs per annum to 33.1 lacs per annum
Chief Financial Officer – 8.9 lacs per annum to 74.5 lacs per annum
Conclusion
The certified management accountant course is one of the valuable management accounting courses that offers great job opportunities to candidates not just in the Indian market but also globally.
With the help of a good institute, candidates can pursue the US CMA course registration and prepare for the exams smoothly. Zell Education helps the candidates get registered with the US CMA course in the right manner with proper information. Also, our experienced faculty team at Zell professionally trains the candidates with the help of standard modules and practical knowledge.
The certified management accountant course is a great way to kickstart a career in accounting and finance. Several candidates in India pursue the US CMA course because the minimum eligibility is graduation in any stream. So, it does not matter what you were planning in the past. But if you decide now to achieve your goals in accounting, the US CMA course is the exact thing to go for.
Just get hold of the right institute that will enlighten you with the process better, and will help you in completing your modules and passing the exams for the certification. Of course, when you pursue the CMA course from a reputed place like Zell, you even get job placement assistance so that you get a good job opportunity in India as soon as you complete your course or when the time is ripe.
