What is the scope of CMA?
Career Talk Work & Career 2 years ago
Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
Answers (5)
manpreet 2 years ago
Completing the CFA Program exams can take as little as 18 months, but on average, it takes about four years to earn a CFA charter. 1. Eligibility- Have a Bachelor's (or equivalent) degree or be in the final year of your Bachelor's degree program at the time of registration or have four years of professional work experience (does not have to be investment related) 2. Curriculum- Ethical and Professional Standards, Investment Tools, Asset Valuation, Portfolio Management & Wealth Planning. 3. The openings available to CFA degree holders are in Banking, Insurance, Corporate Sectors and Finance, Leasing Companies. Even organisations like Railways, Reserve Bank of India and Financial Institutions like ICICI, IDBI, IFCI and UTI have given due recognition to the CFA program. 4. CFA Program is a self-study course that tests your knowledge in different areas- Level I is about learning investment applications. Level II is about applying them. Level III focuses on using different applications for defining investment strategy and performing portfolio management. You need to register yourself with C.F.A US. For more details, visit
manpreet 2 years ago
*The title Certified Management Accountant is used by various professional bodies around the world to designate their different professional certifications. Eligibility- Graduates with Degrees accredited by CIMA The CIMA course is equivalent to ICWA but it is not recognised by the public sector in India though it is valid internationally. Graduates opting for professional accountancy careers can train in public practice, offering audit and business advice services (including tax advice) to clients. There are also numerous opportunities to train within the industry and commerce, normally through CIMA. A professional qualification from CIMA is one of the best options for a career in International business. Openings are available in sectors like Accounting, Banking, Education & Teaching, Finance. One can begin with a salary package ranging from 5 to 10 lac per annum. Also refer the links below-
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Best Answer
2 years ago
CMA India | Opportunities for CMA students in India Opportunities for CMA students in India are available across all areas of an organisation in decision support, planning, and control functions. The CMA job profiles that are widely known are- CFO, CTO, Treasurer, VP (Finance), Controller, Finance Manager, Internal Auditor, Budget Analyst, Financial Analyst, Corporate or division planner, Senior Accountant, Cost Accountant, Staff Accountant. These fortune 500 companies are known to have CMAs in their key management roles: 3M Alcoa AT&T Bank of America Boeing Cargill Caterpillar ConAgra Hewlett-Packard Johnson & Johnson Microsoft Procter & Gamble KeyCorp Whirlpool Saudi Aramco Verizon Xerox Here is a list of opportunities for CMA students in India: CMA India Profiles | Entry Level: Common profiles for CMA: Staff accountant, cost accountant, junior internal auditor Education & Skills: Bachelor degree in finance or accounting Common CMA Job Profiles: The person would work under a senior accountant or manager Would be employed in the budget department Would be involved in preparing reports for the controllers department CMA India Profiles | Mid-Level: Common profiles for CMA: Accounting manager or senior accountant, senior internal auditor.