Question: Which Degree Is Best For CMA?

What is the starting salary of CMA in India?

7 lakh per annumFreshers, who clear the CMA exam in the first attempt, can get a starting salary of Rs 7 lakh per annum on an average.

These numbers can go as high as Rs 20 lakh, too.

Those who clear the CMA exam in the second attempt can start off with an average annual package of Rs 3-4 lakh..

What is the cost of CMA?

CMA program entrance costs $225, but student or academic IMA members are eligible for a $150 discount. CMA exam fees are $300 or $350 per part, depending on how you register and when you take the exams, for a total of $600 or $700. The ongoing annual CMA maintenance fee is $30.

Which course is best after CMA?

Here are some of the very best options for Career after CMA intermediate: There are many courses available which you can pursue with CMA….Career After CMA intermediate but in CMA FinalCS, ICWA, CFA, CA. … CPA, CFP, CIA, CISA atc. … Further, there are many certification Programmes like CIFRS, NCFM, CMA (USA), etc.

Which is better CMA or MBA?

Both the CMA and MBA are postgraduate options. The CMA is more specialized than the MBA. … On the other hand, the MBA is a university degree. If you are an accountant looking to advance your career, then the CMA will provide more opportunities, as it is geared towards accounting and finance professionals.

What is the salary of CMA in India per month?

CMA Salary Based on DegreesDegreeAverage Salaries(Per Annum)MBA or Master of Business Administration, Accounting, Finance₹ 450,000 – ₹ 1,650,000Bachelor of Commerce₹ 124,516 – ₹ 1,610,731Bachelor of Commerce, Accounting and Finance₹ 292,332 – ₹ 2,153,676Bachelor of Commerce/BCom, Finance₹ 243,000 – ₹ 2,200,0005 more rows•Nov 16, 2018

Is CMA tough than CA?

CA is tougher than CMA in terms of syllabus content. But the number of CA pass-outs always remains better than the number of CMA pass-outs. CMA is much more oriented towards cost and accountancy whereas in CA, you study certain other subjects as well. … CA is tougher than CMA in terms of syllabus content.

Is CMA difficult to pass?

Based on CMA pass rates alone, I’m not surprised that many potential candidates are put off from wanting to tackle this exam. In fact, the majority of candidates don’t get a passing score. With CMA exam pass rates as low as 45% for Part One and also 45% for Part Two, there is obviously a high level of difficulty.

Are CMA in demand?

Unlike pure accounting professionals, the demand for CMA cuts across functions in all organizations. In the marketing department, they prepare quotations.

Is CMA a good qualification?

Going for the CMA certification is a great career move, especially when you aspire to make it big in the field of management accounting. But before getting into it, it is important that you know every detail about the course, eligibility, exam structure, salaries and the opportunities it will offer.

How many hours study for CMA?

In general, you should commit to 90 or more hours of studying per exam. Depending on how long you can study per day, this can take anywhere from seven weeks to three months.

Is CMA better than CA?

The CA program primarily deals with accounting, taxation, law, audit, and finance. Meanwhile, the CMA course deals with cost accountancy, cost management, corporate finance, economics, performance management, internal controls, decision analysis, financial reporting, strategic planning, and organizational management.

Is CMA course easy?

It’s not easy. The right review course will help you pass, but successful preparation requires dedication and discipline. Understanding the CMA exam difficulty helps you budget and prioritize your study time, motivates you to stay focused, and gives you an appreciation for the value of the CMA certification.