In a global economy, an international certification like the US CMA - marked by distinction-holds significant value. It is a premium global finance and management accounting degree award by the Institute of Management Accountants (IMA), where strategic decision making is as crucial as financial expertise.  

The CMA certification is a globally recognized qualification for professionals, enabling those in India to pursue an international career. There are multifold benefits of CMA certification. Now, let's see how Indian professionals can gain a competitive edge internationally through the help of the CMA (US) certification.  

1. International Recognition 

The US CMA is accepted by more than 140 countries worldwide, making it one of the most widely recognized management accounting certifications. Unlike regional qualifications, the CMA (US) equips professionals with skills that applicable across industries worldwide, enhancing their employability in a fiercely competitive job scenario internationally. 

2. High demand across industries

Indian working professionals holding the degree of CMA (US) have a heavy demand in industry sectors as: 

  • Multinational Corporations (MNCs): CMAs are sought for roles incorporating financial planning, analysis, and decision-making tasks. 
  • Outsourcing and Shared Services: India's growing outsourcing sector needs CMAs because they are perceived as informed and experienced about the international financial strategy and its implementation process. 
  • Consulting Companies: Giant multinationals and leading consultancy companies hire CMAs because they have fundamental financial knowledge of the core business processes. 

3. Shortcut to Certification

Whereas the traditional Indian certification- Chartered Accountant of India takes years, one can gain a CMA (US) within 6 to 12 months of rigorous studying. This has allowed quick skilling of an Indian professional and benefits earlier. 

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4. Higher Pay and Career Advancement

It brings with it significant increases in income potential. IMA international studies have shown that CMAs can earn up to 60 percent more than their non-certified peers. For professionals with a CMA certification, Salaries in India are comparatively higher than non-certified professionals, especially for high-level designations such as CFOs, financial controllers, and strategy managers. 

5. International Networking Opportunities 

With it, you can access a global network of professionals at the IMA with events, webinars, and job boards, among other advantages. Interactions with the leadership and fellow peers can further explore international opportunities or be aware of the global scene. 

6. Global Standards Compatibility 

The CMA (US) syllabus also follows the general international accounting and financial standards. As more businesses stick to global best practices, you are better equipped with CMA (US) expertise when you make good value for worldwide employers. 

7. Opportunities in Emerging Markets

Centers for CMAs can be found in the United States, Canada, the Middle East, and Europe, as their nations demand cost-effectiveness and strategy. 

The growing regions of Southeast Asia and Africa are very swift in their economy; hence, skilled CMAs need to manage financial plans. 

8. Scope for Working Professionals

The CMA (US) program is flexible. You can prepare while managing your current job or academic commitments. Online resources, self-paced learning, and a clear exam structure make it easier for Indian professionals to balance work and study. 

How to Get Started with the CMA (US) Certification

1. Know about the CMA Exam: The CMA (US) exam is comprised of two parts: 

  • Part 1: Financial Planning, Performance, and Analytics 
  • Part 2: Strategic Financial Management 

Both test the candidate's ability to apply concepts to real-world business scenarios. 

2. Sign up for a CMA (US) Prep Program: Choose a reliable prep provider that can offer training from leading instructors, updated study materials, and even simulated exams. Look for something like MYCPE ONE Academy. 

3. Plan Your Timeline: Complete both exam parts within one year, rocketing your career forward. 

4. Leverage Support Networks: Join the various CMA (US) study groups and forums to connect with other aspirants and professionals. 

Conclusion  

CMA (US) certification is the golden ticket for Indian professionals who want to go global. It is the right source of skills, recognition, and opportunities for Indian professionals to grow in a dynamic international environment. Whether you are looking for corporate ladder growth, a foreign job, or knowledge of global financial practices, CMA (US) is the gateway to your success. 

Are you ready to take the next step in your career? 

Join MYCPE ONE Academy, the best-suited CMA (US) program for Indian students, always being the cream of the class. 

Call us today and start winning worldwide success! 

Do you have a question? Please let us know below or simply get in touch with us. We would be more than happy to help you! 

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FAQs

1. How does a CMA certification help Indian professionals work abroad?

Answer: CMA is a globally recognized credential that enhances career opportunities in countries like the USA, Canada, UAE, and others. It equips professionals with expertise in financial management and strategic decision-making, making them valuable assets for multinational corporations. 

2. What is the salary of a CMA-certified professional in different countries?

Answer: Salaries of CMA certified professionals differ based on country and experience. In general: 

  •  USA: $90,000-$130,000 per year 
  • Canada: CAD 80,000 - CAD 110,000 per year 
  • AED 200,000 to AED 300,000 in UAE annually 
  • India: INR 8-15 LPA for experienced professionals 

CMAs usually earn 58% more than non-certified professionals in comparable positions. 

3. Can I pursue a CMA certification while working in India?

Answer: Yes, the CMA USA program allows for flexibility because a candidate can sit and prepare while working full time. CMA USA provides online courses, weekend coaching, self-paced study materials, and more to help professionals balance job schedules and studying. 

4. What are the eligibility requirements for the CMA USA exam?

Answer: To become a CMA, you need: 

  • A bachelor’s degree from an accredited institution (can be completed before or after the exam). 
  • Two years of relevant work experience in management accounting or financial management. 
  • Completion of both CMA Part 1 & Part 2 exams. 

5. How long does it take to complete the CMA USA certification?

Answer: The CMA certification can be completed in 6 to 12 months, depending on your study plan and exam preparation. Many candidates complete both parts within a year while working full-time.

Nitisha Jain
Nitisha Jain
Assistant Manager, MYCPE ONE Academy

Nitisha Jain Is A Seasoned Expert In Handling Various Operational Tasks With Over Many Years Of Valuable Experience Working In Accounts, Tax And Finance And Have Delivered 100+ Webinars. Currently, She Holds Position Of Assistant Manager At MYCPE ONE Academy.