CMA USA certification brings in multiple career opportunities for the students. CMA candidates get better internships and job offers after becoming Certified Management Accountants.
Apart from job opportunities, the course also stimulates career growth and helps students in reaching new heights in the corporate world. With a deep knowledge of Finance, Accounting, and Business, an individual can be put into any position for work. In simpler terms, the individual becomes flexible in managing the work of different departments.
Financial Growth
A person holding a CMA certification earns 67% - 70% more as compared to people not having the certification course. Doing a CMA course after 12th and graduation boosts your career and stimulates financial growth. Becoming a Certified Management Accountant makes one eligible for a good pay grade.
The average annual salary of a US CMA in India ranges from Rs. 4 lakhs to Rs. 8 Lakhs. Thus, students pursuing a CMA course after 12th have a higher chance of getting recruited by big companies and having a good pay scale rather than those who just have passed 12th or have a graduation degree.
Global Opportunities
CMA USA is a globally recognized course. CMA course after 12th commerce will not just provide job opportunities in India but across the globe as well. The globally recognized certification also makes an individual globally accredited. If one wishes to work abroad and earn more, then CMA is a great career choice.
Short Time Frame
With Northstar Academy, the students can be assured that the three-year CMA course will be completed within 6-9 months. This is one of the biggest advantages of doing a CMA USA course after 12th or graduation. One can also do the CMA course after 12th commerce. Such institutes (Northstar Academy) help in completing the certification on time, thereby stimulating career growth and many job opportunities.
The CMA course after the 12th has a great career scope. Many students around the world are taking up this certification course as an extra addition to their resumes to get better job opportunities. Northstar Academy and Irfat Sir classes also provide you with the CMA USA certification within 6-9 months.
Now, if we talk about the eligibility criteria for the CMA USA exam, here is how it goes:
- In India, a student can apply for the CMA course after the 12th. There is no need for a graduation degree. However, this may vary in other cases. For instance, apart from India, students need to have a graduate degree from a recognized university or college.
- The students need to have two years of work experience in financial accounting and management accounting. Working in either of the disciplines will also be considered by the Institute of Management Accountants after the CMA course after 12th commerce.
- It is best when students have an IMA scholarship.
- IMA's Statement of Ethical Professional Practice must also be complied with.
Once you know you are eligible for the CMA course after the 12th, it is best to know the exam syllabus. So, let us have a look at the exam syllabus for CMA USA.
As we know the exam is divided into two parts. One part tests the Financial Planning and analytics skills of the candidate while Part 2 tests Strategic management.
The CMA USA exam is extremely rigorous. Thus, proper time management and hard work will help the students get through. The CMA USA exam has two Parts that are four hours each, wherein 100 questions are posed to the students as MCQs and 2 questions as essay ones (Descriptive).
The minimum mark required for both parts is 360 out of 500 (where MCQs carry 375 marks and Essay questions carry 125 marks for each Exam part). Over the years, the pass rate for the exam has been 40% for Part 1 and 60% for Part 2.
Doing a CMA course after the 12th yields a lot of benefits. But if a student does the course along with graduation and a master�s degree, the benefits will be enhanced. Let us now look in detail at the career opportunities after the CMA certification course.
