US CMA

The US CMA course is a well known globally recognized and acceptable professional certification in the domain of management accounting and financial management as a whole. US CMA offers cutting edge career opportunity and jobs over similar regional courses. It lies in the fact that US CMA jobs prospect ranges from private to public sectors, from service to manufacturing industries, from academic institutions to NGOs and pertinently to various MNCs.

US CMA job opportunities – India

It is quite evident that in India, we have entered in to the era of globalization. In respect to that, employers need professionals having specialized skill, knowledge and expertise in value creation/addition and developing strategic business plans.

In reality, those days are gone when a basic academic degree with a couple of years work experience was suffice to get a job. Instead, the need of the hour is to hire specialized trained professionals having multifaceted approach like an US CMA qualified applicant in the row.

In recent years, with increasing economic growth of India along with the inflow of foreign investments, the importance of US CMA in India has also been elevated to a great extent. Moreover, US CMA course is being considered as an esteemed designation in the corporate sector in India and abroad, thus having much better hiring indices in Indian MNCs.

In spite of the fact that majority of people have inadequate concept about a particular career path, undoubtedly, a basic commerce graduation degree with US CMA certification, is gaining momentum to fetch a job in both public and private financial sectors.

In this scenario, CMA US credential is protruding as a strong and most sought after career portfolio in India with continuously expanding horizon. This is particularly evident in manufacturing units where CAs are still not well equipped with the relevant knowledge to tackle the accounts of manufacturing industries.

Major US CMA job positions

1. Finance Controller

2.Tax analyst & Consultant

3.Research Analyst

4.Cost Accountant

5.Legal Advisor

6.Finance Manager

7.Cost Auditor

8.Forensic Accountant

9.Financial Analyst

10.Cost Estimator

11.Assistant Controller

12.Compliance Manager

Key companies offering US CMA jobs in India

Among many, some of the Big 4 and other companies those hire CMA US applicants are mentioned below as examples.

Deloitte, PWC, KPMG, EY, Accenture, Infosys, Cognizant, HP, Barclays, Max Life, Morgan Stanley, Amazon, Genpact, Honeywell etc.

Since, accounting is the backbone of every industry and business, to be at par with globalization, a professional accounting credential like US CMA has been appearing as a top preferred career option among the Indian students with a commerce background. In addition, being a highest management accounting certification, the scope of US CMA spans across various levels in a company.

US CMA job salary in India

The latest Middle East/Africa/ India (MEAI) CMA Salary Survey 2022, from IMA (Institute of Management Accountants) revealed that a median salary of a US CMA professional is above 76% higher than non-CMAs.

The survey invitations were sent to 7,949 IMA members in the Middle East/Africa/India (MEAI) region. It was found that the difference in total compensation between CMAs and non-CMAs worldwide is nearly USD 23,000.

The survey results indicate the median total compensation in India stands at USD 16,300, as compared to salary in MEAI (USD 27,000) and globally (USD 67,500).  Further, the respondents holding the CMA in India, has an average total compensation of USD 29,685, which is 53% higher compared to non-CMAs in India.

In addition, for those in top management in India, average total compensation was 45% greater compared to those in senior management. For further reading we have additional articles on US CMA salary.

Median compensation of US CMA salary by various job roles

In India, a fresh US CMA candidate in India can get a starting salary of INR 4-8 lakhs per year. This can go up to nearly INR 80 Lakhs once you become a CFO of a company.

Market outlook on US CMA job opportunities – India

According to BLS( Bureau of Labor Statistics), in India, the employment in the accounting field will increase by 10% within 2026, thus indicating increasing opportunities for US CMA jobs. Doubtlessly, it can be stated that CMA US certification can enlighten your future career graph in the arena of accountancy and finance in Indian backdrop.

Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro

Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized US CMA course study center.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of our exclusive features include.

A. Authorized partner of IMA US CMA course in India

B. Live online classes ensuring that the regular office working hours is least impacted

C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. We have a pass rate of 80% in US CMA course exams

D. Affordable US CMA course fees with special discount in your IMA fees. 

E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

F. Comprehensive coverage of US CMA course details including authorizedGLEIM CMA study materials , class mock session,  IMA registration and job assistance.

Request for Live Demo class / contact at +91-8787088850 to book your seats now. New US CMA batch to start soon.

 

Are you a finance professional looking forward to accelerate your career with a global qualification? If yes, start thinking about US CMA course. The latest Global Salary Survey 2021, from IMA (Institute of Management Accountants) revealed that a median salary of a US CMA/CMA professional is above 58% higher than non-CMAs. The study was based on a sample population of 3,085 respondents from 79 countries across the globe.  It was found that the difference in total compensation between CMAs and non-CMAs worldwide is nearly US$29,000; a strong reason why a US CMA course is a career changing qualification.

Figure 1: Median salary & Total compensation by region, CMA VS. Non-CMA

“We have always known the CMA certification has a positive impact on compensation and job security. This year is especially encouraging as CMA holders have been generally better off in maintaining both their jobs and compensation levels during the pandemic than those without the CMA”. said by Kip Krumwiede, Ph.D., CMA, CSCA, CPA, Director of research at IMA.

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The Gleim US CMA course test bank is known as the Mega Test Bank. This test bank includes one book for each exam part and the option of having the physical book delivered to you or receiving access to the digital version (which lets you save on shipping fees).

Of course, the test bank also contains thousands of questions and hundreds of essays (you also receive access to this test bank as part of the Premium CMA or Traditional US CMA course).

You can use the Gleim test bank in 2 different ways:

A. US CMA Practice Exam

This mode simulates the actual US CMA exam environment that you’ll experience at Prometric. When you complete a practice exam, the system hides the correct answers until the end of the exam (this is to mimic a more realistic exam environment).

B. US CMA Study Session

When you complete a study session, the course provides you with the correct answer immediately after you answer a question. This US CMA test bank is a powerful tool because it shows you the answer explanations for both the correct and incorrect answer choices.

Furthermore, the best way to use a test bank is to read all of the explanations, even the ones for the incorrect answer choices, as doing so ensures that you understand the exam concepts and the reasoning behind each answer.

Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro

Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of our exclusive features include.

A. Authorized partner of IMA US CMA course in India

B. Live online classes ensuring that the regular office working hours is least impacted

C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties. We have a pass rate of 80% in US CMA course exams

D. Affordable US CMA course fees with special discount in your IMA fees. 

E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

F. Comprehensive coverage of US CMA course details including authorized GLEIM CMA study materials , class mock session,  IMA registration and job assistance.

Request for Live Demo class / contact at +91-8787088850 to book your seats now. New US CMA batch to start soon.

For additional reading on US CMA course details. Please click here.

US CMA course is recognized to be the Gold Standard in Management Accounting. It happens to be one of the top tier certifications in management accounting which can offer immense career opportunities to you. It is regarded as an advanced professional certification by which you can brush the financial and critical accounting management skills.

Thus, you can earn eligibility for holding job positions in different distinctions. You need to make intensive preparations for clearing the examination. You can earn attractive packages by choosing this US CMA course certification degree owing to which people love to opt for this certification course, over other accounting certifications. If you are looking for an ideal option for landing on your dream job, you should opt for this certification course on a wide scale.

US CMA salary in Fortune Companies

Top tier fortune companies such as Alcoa, 3M, Bank of America, AT&T, Cargill, Boeing, ConAgra, Johnson & Johnson, Hewlett Packard, Caterpillar, Microsoft, Xerox, Verizon, Saudi Aramco, Whirlpool, KeyCorp, Procter & Gamble provide different job opportunities to candidates, who passed the CMA examination with flying colors.

Pricing analysts, business analysts, Finance Manager, Senior Executive, Internal Auditor, and Financial Analyst can earn a salary of up to nine lakhs every year. You can find a rise in your salary as you are promoted to senior positions such as Senior Financial Modeling, Senior Financial Budgeting, Accounts Payable, Senior Financial Management, to name a few.

The earning power of the US CMA is consistent across regions, with the median salary and total compensation higher for US CMAs vs. non-CMAs for every region. In the Americas region, US CMAs earn a median salary and total compensation that is 31% and 32%, respectively, higher than non-CMAs. This is also consistent with prior years. In the Asia and Europe regions, US CMAs earn a median salary that is 29% and 32% higher, respectively, compared to non-CMAs. More specifically, the following job titles were more likely to be filled by US CMAs than non-CMAs: CFO (67%), controller (59%), director of financial planning and analysis (63%), and senior financial analyst (66%).

US CMA salary for the cost accountants

If you are a cost accountant, you are capable of earning the average salary of around 4.13 lakhs every year. The majority of people are eligible to move to different other job profiles once they earn an experience of more than ten years. Thus, in the SAP FICO or SAP SAP Financial Accounting field, you can earn higher pay.

US CMA salary for the financial Analysts

If you join as a Cost or Financial Analyst and you have passed the CMA examination, you are eligible to get an average salary of Rs. 6 to 8 lakhs every year as a fresher within India. Some of the departments in which you can earn amazing packages include Financial Modelling, Risk Control, SAP SAP Financial Accounting and Controlling, Valuation.

As you move to senior positions in these sectors and earn domain experience, your pay scale, as a US CMA professional, increases manifold and you can earn around 50 lakhs per annum. In Middle east countries, European countries or in the US, a CMA professional earns twice or thrice as much as their peers in India. The US CMA course is a worthy investment that not only increases earnings but provides opportunities for advancement.

US CMA Salary for CFO or Chief Financial Officer

CFO or Chief Financial officers are eligible for earning a package of around 29 lakhs every year. You can earn higher and attractive packages as you earn more experience in the relevant field. CFOs, working in Fundraising, Strategic Planning, Business Strategy, Financial Analysis, and Budget Management, are eligible for earning an average salary, in the range of 9.7 lakhs to 72 lakhs every year.

The average US CMA salary, you can earn in India depends on several parameters such as marks obtained, attempts for clearing the examination, the articulation skills, the internship, and the interview. If you do your internship from a reputed and top tier organization, you are going to earn more opportunities in the market.

You can also earn a better and attractive package if you have additional degrees such as CFA, cima. If the majority of the factors work in your favor, you are sure to earn an annual salary of 8-9 lakhs every year. If you are an AIR holder, you can get a package, up to 12-15 lakhs, even when you are a fresher. On the other hand, you will find a rise of almost 30-35%, after gaining a good amount of experience in the relevant field.

You are sure to get high-status jobs after earning more salary in the industry. If you are a qualified US CMA, you can get a package of around Rs. 3-4 lakhs every month as well. It, however, depends on the total count of clients; you are handling and how perfectly you have been handling the projects. You will earn more, as you have a higher number of clients.

Average US CMA Salary in different sectors

Startups and private companies provide a lower package, in comparison to the consulting companies. In these companies, you need to earn an average salary of almost 5 lakhs in India. Well funded startups can offer a package of Rs. 4-7 lakhs per annum. On the other hand, public sector banks can earn a salary of Rs. 6-12 lakhs every year. In the Foreign Investment banks, and Elite MNC’s, you can earn an attractive and lucrative package of around 6-8 lakhs every year.

US CMA professionals, working in Indian Investment Banks, can get a salary of Rs. 7 lakhs per annum. Top Tier consulting firms can provide a salary of up to Rs. fifteen lakhs to AIR CMA holders. They also offer 16 lakhs per annum package as the candidate can clear the US CMA examination on their very first attempt.

The trend of US CMA salary depends on the industry. For instance, in the banking sector, the average CMA salary is Rs. 5.3 lakhs every year. On the other hand, in the IT industry, the average CMA US salary is ten lakhs whereas, in the manufacturing and distribution sector, the average salary is Rs. 7 lakhs. If you can manage a job in the telecommunication industry and can clear the CMA examination at the same time, you will get a salary of up to 13 lakhs. CMA professionals working in Business Process Outsourcing or BPO sector can get a package of up to 5 lakhs.

Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro

Uplift Pro is one of the top training institutes for the US CMA, US CPA US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center. Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong backup to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of the exclusive features include.

A. Authorized partner of IMA and Gleim in India – Silver Approved US CMA Course Provider by IMA

B. High pass rate of 85 %

C. Live online classes ensuring that the regular office working hours is least impacted

D. 1:1 personal support from our 30 plus years of experienced CMA and CPA certified faculties

E. Affordable course fees

F. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

G. 100 % placement assistance for jobs

For more details please write us here: info@upliftprofessionals.in

Request for Live Demo class / contact at +91-8787088850 to book your seats now.

 

The US CMA refers to an advanced professional certification which plays an integral role in brushing the financial and accounting management skills and boosting the career. If your primary career goal at this point is passing this exam at one go, you need to have a well structured US CMA study plan, tailored to meet your requirements. As you take a close look at this plan, you can set realistic goals, and pass the CMA examination with flying colors.

Take out sufficient time to study

You need to keep in mind that passing the US CMA examination is not a walk in the park. You need to dedicate several hours of your day to studies for every part of the examination. You require making hard schedules and take out time for study. Take a thorough look at your weekly activities and take out the right time for studying.

It is possible to create a CMA study plan with the aid of 2 different criteria which include

• Hour-based study plan
• Deadline-based study plan

Hour-based CMA study plan

This study plan is developed, keeping the testing date in mind and the total amount of time, you have in hand, for study. You require choosing a testing date and then draft a plan. Thus, you will make the preparations according to the time, remaining left.

 You need to take a look at the calendar and mark those days where you cannot study owing to unavoidable circumstances. Now, you need to calculate the number of hours, for which you can study every week. Next, you need to calculate the number of weeks, you require for reaching the total count of the study hours. It is essential to choose a testing date, close to the testing window so that there is sufficient time for rescheduling, as required.

Deadline-based CMA study plan

At first, you need to check out how much of the CMA study materials, you have covered. Now, you need to mark the deadline on any calendar. After this, you require marking off those specific days, on which you will not be capable of studying. After this, it is essential to calculate the total count of weeks from the specific time; you will start the studies till the deadline. Now, you require dividing the total count of weeks by the total number of hours, you should study for getting the total count of hours, you have to study every week for passing the examination.

Opt for a CMA Review Course

The first step, you need to follow for designating the CMA study plan is enrolling in the CMA review course. These courses can enhance your chances of passing the examination significantly. They contain all the core concepts, examination tips, as well as coaching support which can maximize the study time. As you enroll for them, you will get video tutorials, textbooks, and test banks along with practical examination papers. In addition to this, you will get one to one coaching which will help you in clearing all your doubts.

Developing a study plan

You can develop the study plan as per the deadline or hourly based plan, as mentioned above.

Avoid distractions

To boost your concentration, you need to cut out on non-productive activities such as social networking, watching television, or going for parties. After your regular office work, you need to study with full concentration so that you can cover the study materials within the deadline. You need to understand that the CMA exam is your topmost priority and hence you need to get rid of social obligations, happy hours with your friends, and other unnecessary events.

Assess

Spend at least 15-20 minutes at the end of the week and evaluate whether you have studied, according to the CMA study plan, you have created. Assess whether you were capable of sticking to the daily plans? With the regular evaluations, you will be capable of finding a weakness, with your preparations. This will help you to be more efficient in your studies. In case you figured out that the long study sessions were inefficient and boring, it is recommended to add more breaks.

Find motivation

At times, too much work and studies might make your life monotonous. In such cases, it is recommended to find a motivation to enhance your concentration. You might call a friend; find another co-worker, making preparations for the same examination, exchange notes with them. In addition to this, you are allowed to have a cheat day where you can enjoy some ‘me time’ and have some fun with your buddies. However, refrain from doing it too often as it might end up wasting too much of your precious time. 

By introducing small changes in your routine and be more dedicated to your studies, you can pass the examination at the first attempt. You need to keep in mind that you need to manage your study and work time effectively. Make the best use of 24 hours every week for the preparation. 

Here are some more interesting blogs on CMA:

Job Scope of US CMAs in India and Middle East

CMA EXAM PASS RATES

Uplift PRO tips to deal with CMA MCQs

Choose the best US CMA institute in India, Africa, and Middle East – Uplift Pro

Uplift Pro is one of the top training institutes for the US CPA, US CMA, US CIA courses in India, Africa, and Middle East. Uplift Pro is also an Indian partner of GLEIM, US and an IMA US authorized CMA US study center.

Our team consists of seasoned professionals and entrepreneurs from IIEST, IITs, London Business School, and ULCA who have decided to provide a strong back to young ambitious students and professionals to reach their desired career destinations in an organized way.

Some of our exclusive features include

A. Authorized partner of IMA US CMA course in India

B. Live online classes ensuring that the regular office working hours is least impacted

C. 1:1 personal support from our 30 plus years of experienced CMA certified faculties

D. Affordable US CMA course fees with special discount in your IMA fees. 

E. “Till you pass” guarantee assuring that you may attend our live online classes at no extra cost until you pass

F. Comprehensive coverage of US CMA course details including authorizedGLEIM CMA study materials , class mock session,  IMA registration and job assistance.

Request for Live Demo class / contact at +91-8787088850 to book your seats now.