Certified Management Accountant (CMA)
CMA is again a new career prospect for students with a commerce background. It comprises management accountancy that can help in financial accounting and strategic business management. CMA professionals do not go into auditing, taxing, or general accounting, but assist an organization in business management and forming strategies.
Eligibility criteria
CMA is gaining popularity over the last few years and many students are aspiring to become CMA professionals. But before you sail your ship toward the destination, you need to understand the eligibility criteria before getting into the ship. Here is a small list that can help you:
- You should be a member of the Institute of Management Accountants (IMA)
- Bachelor’s degree
- 2 years of relevant experience
- Passing both parts of CMA examination
Exams in the route
The CMA exam is divided into 2 parts of 4 hours each. You have to clear or pass the exam within 3 years of enrolling for CMA. It covers everything from financial reporting and cost management to corporate finance and risk management. You can appear for these exams in January, February, May, June, September, and October.
When it comes to pursuing a certification or an educational qualification, the aim is to add credibility and earn respect. In both cases, you need something really solid foundation built which will bring you to the level you want to see yourself. The courses we discussed so far are exactly going to help you bring out the best in you in the long run.
Also, read Top 5 Accounting Certifications for Best Career!
