CMA course passing rate?and nature of the job.

hello abhishek,

CMA-certified management accountant,has more scope than you think.the industries and corporates are waiting for the qualified CMA's to run their accounts.in corporate accounting,CMA is very respectful designation.so CMA's scope will increase day by day.

eligibility requirements for CMA:

• You must get graduated from any recognized university/institution (bachelor's degree)
• you must be a member of IMA
• You should clear both papers of CMA exam and should have 2 years of experience

syllabus for CMA part 1:

• cost management
• internal controls
• performance management
• planning,budgeting and forecasting
• external financial reporting

syllabus for CMA part 2:

• corporate finance
• financial statement analysis
• decision analysis
• investment analysis and decisions
• risk management
• professional ethics

EXAM months:

you can appear in the following months,you'll have 3 chances within a year.

• jan and feb
• may and june
• sept and october

nature of job or career opportunities in CMA:

• financial controller
• financial analyst
• financial manager
• financial rist manager
• cost manager
• cost accountant
• chief financial officer

common role for CMA's are

• reporting on financial status of company or organization
• budgeting
• financial modelling

passing rate:

over the past years,the passing rate is less than 50% only.part 1 having much more pass percentage over part 2.so you should concentrate more in part 1 topics.

salary:

if you're gonna be newly appointed CMA,then you'll have 3.5 L to 4 L PER ANNUM as average package.if you're good in academics and having best corporate skills,then you may have chance to have a salary of 6L P.A.Whatever the role is,you should give your best.then salary package also get increased.

please refer the below link to get the detailed information about CMA- certification,

• https://finance.careers360.com/articles/cma-certification

all the best!!

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I Hope this information will be useful to you.

if you need additional information,let us know to help you.

Thank you!!!:)