Which has wider scope; ICAI or CMA?

manpreet Best Answer 2 years ago

Both are good and I am not being diplomatic, I mean it. Syllabus coverage of both the courses is excellent and standard of questions asked in exams are also very good. If you are looking for starting a firm then CA has more scope then CMA for now but the scope for CMA for practice is also going to increase with GST coming into action. And for various relevant job purposes both the courses are given the same weightage in most of the cases. I know many people who are holding high level positions (related to finance etc) as a proud CMA in various government companies and Multinational Corporations. I also want to add that rumour of CMA being easy is totally false. Actually it can be said it is tougher because there are 8 papers in CMA Inter but only 7 papers in CA IPCC. One more point, there are no gaps between exams in case of CMA but in case of CA, students get one day for revision before each exam. Finally I want to conclude with saying both the courses are great in their own ways, you can go for anyone of them. Hard work together with proper strategy is the key for passing and success as well.