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what is the difference between cma and cima which one is better for bba students for better future scope and employment


sai 30th Nov, 2020
Answer (1)
Divyanshi Lal 30th Nov, 2020

Hello student,

I hope you are doing well.

CMC( Certified Management Accountant ):

CMA is globally recognized as a certified program in financial accounting and strategic management. The certification is offered by ICMA (Institute of Certified Management Accounts) and IMA ( Institute of Management Accountants ). CMAs work in corporate finance, accounting, and strategy teams in a company. They can also parse the data from many sources to improve performance.

Job Opportunities / Job titles :

  • Financial Accountant, Cost Accountant, Management Consulting, Financial Risk Manager

CIMA (Chartered Institute of Management Accountant):

CIMA is globally recognized as the career qualification in Business and Finance. The qualified professionals in CIMA work in the field of Project Finance, Corporate finance, Business Analysis, Financial Reporting, Risk Management, Treasury Management, and so on.

Job Opportunities / Job titles :

  • Media, Publishing, Sport, Fashion, and many other industries

Basically both the professions are highly recognized in the global market so the answer to this question depends totally on each one's area of interest, strength and future ambitions.  But, in terms of time commitment and effort, the CMA is much more favorable to obtain.

I hope it helps.

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