{"id":606,"date":"2022-03-17T09:24:23","date_gmt":"2022-03-17T09:24:23","guid":{"rendered":"https:\/\/www.upliftprofessionals.in\/blog\/?p=606"},"modified":"2025-09-26T13:51:17","modified_gmt":"2025-09-26T08:21:17","slug":"us-cma-course-vs-mba","status":"publish","type":"post","link":"https:\/\/www.upliftprofessionals.in\/blog\/2022\/03\/us-cma-course-vs-mba\/","title":{"rendered":"US CMA course or MBA – Which course is better after B.com in year 2023? | Uplift Professionals"},"content":{"rendered":"\r\n

US CMA course<\/a> or MBA, which of the two is better? Are you confused on choosing the right course? In this article, we help you to provide insights on US CMA course and MBA.<\/p>\r\n\r\n\r\n\r\n

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\"USUS CMA course vs. MBA<\/h3>\r\n<\/div>\r\n\r\n\r\n\r\n

When it comes to different career options for a commerce graduate, the most common careers after B.Com includes US CMA<\/a>, MBA, M.Com, CA to name a few. Among these, US CMA is one such impressive international course in field of management and accounting.<\/p>\r\n\r\n\r\n\r\n

CMA stands for Certified Management Accountant and is offered by the Institute of Certified Management Accountants (IMA)<\/a>. Earning the US CMA can give you the career boost you are looking for .They also have an excellent absorption rate all over the world. Currently, CMA has presence in over 100 countries including the United States (US).<\/p>\r\n\r\n\r\n\r\n

The major difference between US CMA qualification and a MBA degree is that the US CMA is a professional certification while the MBA is an academic degree. There are some key differences between these that you should know before choosing either path.<\/p>\r\n\r\n\r\n\r\n

Career path of US CMA vs. MBA<\/strong><\/h2>\r\n\r\n\r\n\r\n

US CMA is an international qualification and is one of the best course for students seeking jobs outside India. US CMAs can occupy positions such as Research Analyst, Cost Accountant, Financial analyst, Finance manager or Financial C-Suite roles. They often become experts in field of accounting and finance departments of an organization.<\/p>\r\n\r\n\r\n\r\n

On the other hand, MBAs works in different business functions of an organisation including strategy, finance planning, and management consultant. MBA degree is well suited to a professional who looks to enter in to broader areas of business functions.<\/p>\r\n\r\n\r\n\r\n

Eligibility for US CMA course vs. MBA<\/strong><\/h2>\r\n\r\n\r\n\r\n

Both US CMA<\/a> and MBA require a bachelor\u2019s degree as basic eligibility. However, Students who are pursuing their bachelors are eligible to take the CMA exams. Another, key requirement of US CMA course is that students have to meet the CMA work experience requirements. These include<\/p>\r\n\r\n\r\n\r\n

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  1. Two years of professional experience in accounting or finance<\/li>\r\n
  2. For fresher\u2019s the experience requirement may be completed within 7 years of passing the examination.<\/li>\r\n<\/ol>\r\n\r\n\r\n\r\n

    Course details – US CMA course vs. MBA<\/strong><\/h2>\r\n\r\n\r\n\r\n

    Regarding US CMA course details<\/a> , the course has just 2 parts which can be cleared in 7 to 9 months\u2019 time. One key advantage is that you can complete the course without disturbing your current commitments. This is highly beneficial for working professionals who wishes to up skill and accelerate their career paths.\u00a0<\/p>\r\n\r\n\r\n\r\n

    It is seen that students who are finishing undergraduate degree take the CMA Exam and then complete the\u00a0certification process once you have qualified the work experience criteria.<\/p>\r\n\r\n\r\n\r\n

    These days most of the US CMA course institutes provide live online classes which adds flexibility to this program. \u00a0Uplift Pro is one such premier institute in India offering live interactive online classes. They have a pass rate of 85% as compared to worldwide pass-percentage for CMA US is 45%.<\/p>\r\n\r\n\r\n\r\n

    In contrast, a full time MBA course has two years of duration. This may extend if you plan to complete the course through distance or part-time learning. Thus earning a US CMA certification has a competitive advantage on completing the course faster than a MBA degree.<\/p>\r\n\r\n\r\n\r\n

    US CMA course fee vs. MBA course fee<\/strong><\/h2>\r\n\r\n\r\n\r\n

    Course fee is an important criteria largely due to ever-rising tuition rates. In general, a MBA from a premium B-School, it costs INR 20 lakhs to INR 50 lakhs. Even a Tie2- 2 institution in India charges a minimum of 5 lakhs to 8 lakhs.<\/p>\r\n\r\n\r\n\r\n

    In case of US CMA course fee<\/a>, one needs to spend a maximum of INR 1.5 lakh (inclusive all) to be a US CMA. But the interesting thing is that one gets 5 to 10 times more exposure in the international job market and MNCs within India being a US CMA compared to an MBA Finance. Thus US CMA course fees<\/a> is affordable.<\/p>\r\n\r\n\r\n\r\n

    Salary after US CMA course vs. MBA<\/strong><\/h2>\r\n\r\n\r\n\r\n

    CMA US is in great demand in all sectors. CMAs are also being recruited by MNCs like Accenture, Amazon, Deloitte and so on for the managerial positions.<\/p>\r\n\r\n\r\n\r\n

    The below image depicts the US CMA Salary in India.<\/p>\r\n\r\n\r\n\r\n

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    \"Salary\r\n
    Salary after completing US CMA course<\/figcaption>\r\n<\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n

    The salary structure of a MBA professional depends on the brand name of the business schools from where you attain your MBA degree. It is found that there is a high pay gap between students who complete degree from premier institute like IIM, ISB, and IIFT than compared to a tier 2 college. The truth lies in the fact that many top companies recruit students from only these top business schools.<\/p>\r\n\r\n\r\n\r\n

    Typically, an average Indian passing out from a tier 2 college gets an annual package staying from INR 3 lakh, which may vary depending on location and companies.<\/p>\r\n\r\n\r\n\r\n

    IMA’s 2021 Global salary survey on CMA<\/strong><\/h3>\r\n\r\n\r\n\r\n

    The latest Global Salary Survey 2021<\/a>, from IMA (Institute of Management Accountants) revealed that a median salary of a CMA professional is above 58% higher than non-CMAs and MBA. The study was based on a sample population of 3,085 respondents from 79 countries across the globe.\u00a0<\/p>\r\n\r\n\r\n\r\n

    In the study, It was found that the difference in total compensation between CMAs and non-CMAs (including MBA) worldwide is nearly US$29,000; a strong reason why a US CMA course is a career changing qualification.<\/p>\r\n\r\n\r\n\r\n

    Figure 1: \u00a0Median salary and Total compensation by region, CMA VS. NON-CMA<\/p>\r\n\r\n\r\n\r\n

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    \"US\r\n
    US CMA salary vs. Non- CMA salary<\/figcaption>\r\n<\/figure>\r\n<\/div>\r\n\r\n\r\n\r\n

    Summary<\/strong><\/h2>\r\n\r\n\r\n\r\n

    Based on the above parameters, we can clearly say that US CMA is better than the MBA for the B.COM graduates in the following manner:<\/p>\r\n\r\n\r\n\r\n