B.Com with CMA Add-On – A Degree that Prepares You for Financial Leadership
- November 29, 2019
- Posted by: iNurture
- Category: Blogs
Have you ever dreamt of leading organizations?
Do you have an inclination towards accounting?
Do you like the idea of driving organizations towards its goals through your financial decision-making capabilities?
If you answered yes to any of these questions, then taking up CMA may be the best career option for you.
Like Chartered Accountants, Certified Management Accountants are in great demand not only in India but throughout the world.
The global recognition CMA enjoys makes it one of the most sort after certifications among aspirants who are ambitious about an international career in Cost Accounting or Management Accounting.
In this write-up, we have tried to explain what exactly is CMA and what are the career opportunities for certified accountants? Towards the end of this write-up you are introduced to a degree program that prepares you for a career in CMA right from day one of your course.
What is CMA?
CMA or Certified Management Accountant is a certification offered by the Institute of Management Accountants.
IMA is based in the United States and it offers CMA which is a globally recognized certification.
The certification upholds the credentials of a professional in the areas of decision making, analysis, financial planning and business ethics domains. The certification opens doors to rewarding career opportunities
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An aspirant should be pursuing or should have completed his/her degree for being eligible to take up the CMA exams.
Students can register for the exams by becoming a member of IMA and then enrol in CMA program. CMA requires aspirants to have work experience of 2+ years in order to be eligible for the certificate.
Career Opportunities for Certified Management Accountants
On successful completion of the examination and earning CMA certification, there are many job opportunities that open up.
Since the program prepares aspirants with foundational knowledge of management accounting / cost accounting and ethics, CMAs can work in any industry and move from one industry to the other with ease.
CMAs get opportunities to work for both government and non-governmental organizations.
They can work in Manufacturing, Transportation, Construction, Finance or any other industry.
CMAs can take up the roles of Management Accountants, Financial Analysts, Senior Accountants, and Corporate Controllers etc.
The average salary for CMA depends on the career role and the industry he/she works for.
B.Com with CMA Add-On – Preparing for a Dream Career from Day One of Degree
There are not many programs in India that are specifically designed to prepare students for CMA.
The B.Com (Hons.) with CMA Add-On is one program that is offered by Ajeenkya DY Patil University, Pune in association with iNurture Education Solutions.
This program is offered under the University Industry Partnership model.
The course curriculum is prepared with an intention to match with the needs of the current and future financial industry.
The program develops strong foundational knowledge in management concepts and financial accounting. Since students are groomed to take up CMA exams during the degree course and all subjects and training are aligned with this purpose, there are higher chances of students clearing the exams.