If I study CMA USA, will I be able to get jobs in India?

manpreet Best Answer 2 years ago

As per the latest MoU (Memorandum of Understanding) signed between Institute of Management Accountants (US) and the Institute of Cost Accountants of India, if an Indian candidate pursuing CMA US sit for the exams in any country other than India (provided that country conduct tests under Pro-metric facility, e.g. Sri Lanka, Bhutan etc. these countries don't have Pro-metric centers), he/she will get CMA (India) or Indian Cost Accountant degree by default. To put it simply, candidates can save two important things: INR 1,00,000-1,50,000 (cost of study for CMA India) 4-5 years of strenuous study In return, they'll get a prestigious title of cost accountant. (Cost-Benefit analysis) Candidates aspiring to settle in India won't face any difficulty in getting a job on PAN India basis. Other benefits of CMA (US) aren't discussed as limiting by the question.

manpreet 2 years ago

Hi. In private sector you will be eligible, but there is no guarantee. Though the CMA course is not governed by any legal boundaries, top MNCs and major Fortune 500 companies in India have high demand for CMA USA. If you are planning to apply for a government or PSU job, then there is limited scope with a CMA USA award. Also, CMA USA has limited practice scope in India. You should go through leading job portals and check out the vacancies and norms before opting for the course. Since, CMA USA is quite easier to crack compared to CMA India, the value of the Indian CMA is given more weightage in our country. It is regarded as one of the toughest exams. The logic is also very simple here, doing an Indian CMA gives you a better Indian perspective and it is a better option if you want to work in India. A CMA USA title is seen to be in more demand in Asian and Middle Eastern countries.