CMA (Certified Management Accountant)
CMA (Certified Management Accountant) by IMA (Institute of Management Accountants, USA) is an advanced, globally accepted contemporary professional certificate that supports management accounting and finance professionals who drive business performance. CMA’s play an integral role in the strategic decision-making process, within the organization. A CMA professional upholds the highest level of professional and ethical standards. Many large, multi-national manufacturers and employers regard highly the CMA designation. The recent bilateral agreement that has been formed with ICWAI gives mutual recognition to CMA and ICWAI certifications. As per the MOU, CMA(USA) Certified Members are eligible for Membership of ICWA(India) as well without attempting ICWAI examination.
The highlights of CMA Qualification:
- International professional qualification in Financial Management and Management Accounting.
- Recognized by Institute of management Accountants (US).
- An average of 6-9 months time to qualify the exam
- 75% objective questions
- Online exams
- Average pass percentage-55%-60%
- Salary much higher compared to non-certified professionals.
- Eligibility to acquire ICWAI membership certification