Management Accountants are often seen as trusted business advisors and a great support for the management in their decision-making process by getting involved in the Strategic Development Initiatives of an organization. Thus Management Accountants help create value rather than simply measuring it and contributes to the growth of many successful organizations around the world.
India has always been considered a good breeding ground for many such successful Finance Professionals. However, the growth for them is certainly restricted to a limited geographical area considering the recognition of their qualifications across the globe as many of them are contended with the professional qualifications in India.
CMA (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals. The CMA is an advanced professional certification specifically designed to measure the critical accounting and financial management skills. This is especially relevant for success in a business environment.
The US CMA qualification is governed and awarded by the IMA (Institute of Management Accountants) in the USA.
The important question obviously would be why should one look at CMA as an option to enhance their career prospects. Here are some of the main reasons justifying the same :
- The Certification is globally recognized and the qualified professionals are employable in more than 100+ countries across the globe.
- Its a One Sitting exam (meaning a student can expect to complete both parts in one sitting) and the certification can be pursued part time if need be.
- The exam timings are flexible. As we have seen the exams are conducted for 6 months in a year and hence a student has great flexibility in choosing the time when he or she wants to take up the same.
- Being predominantly objective in nature, the proficiency in English need not be very high as clarity of concepts is more important than the way they are expressed.
- Distinct possibility of completing the course in a duration of 8-10 months which would mean acquiring a Globally Recognized Certification in a short duration. This in other words is a BIG BOON to persons who have been off studying for a long time.
- Artificial Intelligence is posing a serious threat to Natural Intelligence and hence the only way to combat this threat is to improve our thinking, application and analytical capabilities. CMA is one exam which fosters all these requirements and hence a wonderful option under the given circumstances.
- With India seen as a potential investment destination by many corporates across the globe it is imperative that a student lives up to the expectations of these MNCs in terms of the deliverables for an employment opportunity. CMA provides a perfect solution for this need.
- With the Internet effectively removing the geographical boundaries when it comes to the way business is carried on today the need of the hour is Global Finance Professionals. CMA fills in the gap perfectly for a student to kick start his career and reach great heights in the corporate world.
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