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Hey Sufiyan,
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.
It’s Arguably the Most Global Management Accounting Certification.
According to a comprehensive study by the IMA, CMA certification holders earn 67% more than their non-certified counterparts.
Various industry journals have indicated that 80% of accountants end up in non-public accounting. The management accounting knowledge and skills are in fact more useful for these professionals.
The IMA makes the process of becoming a CMA as smooth as possible. Candidates can focus on passing the exam and fulfilling the experience instead of getting stuck with the bureaucracy and conflicting rules from different state boards like those involved in the CPA certification process.
*These fortune 500 companies are known to have CMAs in their key management roles:
1.3M 2.Alcoa 3.AT&T 4.Bank of America 5.Boeing 6.Cargill 7.Caterpillar 8.ConAgra 9.Hewlett-Packard 10.Johnson & Johnson 11.Microsoft 12.Procter & Gamble 13.KeyCorp 14.Whirlpool 15.Saudi Aramco 16.Verizon 17.Xerox You will notice that the majority are big, global corporations focused in manufacturing. If your ideal workplace is on the list above, then the CMA is great for you.
Hope this is helpful! :)
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