ALL YOU NEED TO KNOW ABOUT SCOPE OF CMA USA

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ALL YOU NEED TO KNOW ABOUT THE SCOPE OF CMA USA

Certified Management Accountant (CMA USA) is a professional certified credential in the management accounting and financial management fields. Going for the CMA USA certification is a great career move, especially when you aspire to make it big in the field of management accounting. But before getting into the course it is important to know every detail about the course, eligibility, exam structure, and opportunities.

Who are all eligible for CMA USA?

The eligibility criteria for CMA USA is simply to have a UG degree from a well-known university or college.

CMA USA Exam Procedures and Qualification Score

The CMA USA exam is considered the hardest exam as it tests the intellectual limits of an individual. The exam consists of two parts. Hundreds of multiple-choice questions and two essay questions are included in each part of the CMA exam. CMA USA exams are graded for 500 points and aspirants must score a minimum of 360 to qualify for the proper guidance, study schedule, and time management required for a student to score a passing rate.

Why pursue CMA USA?

Obtaining the CMA certification will open a lot of opportunities in the domestic as well as the global market. The CMA program is designed specifically to master the skills required to manage finance functions within an organization, enabling one to deliver value in today’s complex business environment. The job profiles after this certification are:

1. Finance Manager
2. Strategic Head
3. Professor of Accounting and Finance
4. Recovery Consultant
5. Financial Risk Manager
6. Business Analyst
7. Chief Financial Officer

Given the widespread need for management accountants in 2022, every industry requires CMAs. A few of the major industries that absorb CMAs in India as well as all over the world are:

1. Financial Planning
2. Accounting
3. E-Commerce
4. Taxation
5. Consulting Services
6. Business Valuation

These MNCs hire professionals who have potential and function according to international standards. CMA USA is a globally recognized credential as it teaches professional ethics at the international level, hence increasing the value added to your profile.