180 Views

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.

Related Questions

Amity University Noida B.Tech...
Apply
Among Top 30 National Universities for Engineering (NIRF 2024) | 30+ Specializations | AI Powered Learning & State-of-the-Art Facilities
Amrita University B.Tech 2026
Apply
Recognized as Institute of Eminence by Govt. of India | NAAC ‘A++’ Grade | Upto 75% Scholarships
Amity University, Noida | Law...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Great Lakes Institute of Mana...
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025
Manav Rachna University Law A...
Apply
Admissions open for B.A. LL.B. (Hons.), B.B.A. LL.B. (Hons.) and LL.B Program (3 Years) | School of Law, MRU ranked No. 1 in Law Schools of Excelle...
Nirma University Law Admissio...
Apply
Grade 'A+' accredited by NAAC | Ranked 33rd by NIRF 2025
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books