What is the highest-paying cma salary in India, according to IMA? - PowerPoint PPT Presentation

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What is the highest-paying cma salary in India, according to IMA?

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Discover CMA salaries in India! Explore job roles, sectors, and IMA's impact on high-paying careers. Get ready for an enlightening journey! – PowerPoint PPT presentation

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Title: What is the highest-paying cma salary in India, according to IMA?


1
US CMA Salary In India High
The Certified Management Accountant course (US
CMA) is offered by the Institute of Management
Accountants (IMA) in the US. It is an
internationally recognised course that allows you
to work in countries such as the US, Canada,
Australia and New Zealand. Usually, Management
Accountants are hired by customer-focused
companies such as Apple, Amazon, Google,
Coca-Cola and Dell. With enough skill and
experience, you may even get promoted to be the
CFO of a company. If you are planning to become
a US CMA, here are the expenses you can expect
US CMA Exam Fees Wondering how much it will
cost you to pursue US CMA? Here are the
nitty-gritty details There is a certain amount
that you need to pay to the IMA body to register
for the US CMA exam. The exam fees for US CMA
will be
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different depending on whether the candidate is a
full-time student or a professional. A complete
breakdown of the US CMA exam fees is as follows
Fees breakdown Students Professionals
IMA Membership Fee USD 39 (INR 3029) USD 245 (INR 19032)
Entrance Fee USD 210 (INR 16313) USD 280 (INR 21751)
Exam Fee USD 345 per part (INR 26800) USD 460 per part (INR 35734)
Note Subject to the conversion rate. US CMA
Course Fees In addition to these exam fees, you
may also need to sign up for a US CMA coaching
class. The course fees for US CMA will differ
depending on where you sign up. At Zell
Education, the total fees for US CMA are INR
85,000. So your overall expenses for the US CMA
course will be anywhere between INR 1 to 1.3
lakhs.
3
  • Now that we have covered your overall expenses,
    lets take a look at
  • how much you will earn after you complete the
    course.
  • US CMA Salary in India
  • In India, the expected salary for US CMAs can
    vary based on a variety of factors. Some of them
    are as follows
  • Salaries based on job profile in India
  • One of the main factors that will affect your
    earning potential is the job profile you work
    for. After completing US CMA, the salary you can
    earn depending on your job profile can be as
    follows

Job Profiles Salaries
Accountant INR 8 to 13 LPA
Management Accounting Analyst INR 9 to 13 LPA
Financial Consultant INR 6 to 10 LPA
4
Reporting Analyst INR 5 to 8 LPA
Financial Advisor INR 10 to 20 LPA
CMA Salary packages based on experience in
India Another important factor that affects your
salary is how much experience you have.
Experience enhances your skillset and makes you
ideal candidate for several firms.
Source
5
Source
  • CMA Salary packages offered in India based on
    industry
  • Based on the industry you work in, your salary
    expectation as a US CMA professional can be
    elaborated as follows.

Industry Average Annual Salary
FMCG Companies INR 5.7 lpa INR 7.2 lpa
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Education / Training Companies INR 6.3 lpa INR 8.1 lpa
Analytics / KPO / Research Companies INR 6.6 lpa
Engineering Construction INR 8.5 lpa
PetroChemicals Companies INR 16.0 lpa INR 20.0 lpa
? Company-wise differentiation of CMA salaries
in India Your salary package may differ based on
what company you work for. If the company you
work for is highly reputed, you can expect a
higher salary.
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Source Also Read US CMA vs CMA India Which is
Better Career Option ?
  • US CMA Eligibility Criteria
  • You can start studying for CMA after completing
    your class 12.
  • To be certified as a CMA, you will need a
    Bachelors degree, completion of the CMA papers
    and 2 years of work experience.
  • Once you fulfill the eligibility criteria for US
    CMA, you can work in the field of management
    accounting in countries like the US, Canada,

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Mexico, Australia and New Zealand. You can also
pursue additional courses after US CMA if you
would like to specialize in a specific area of
accounting and finance such as US CPA or
CFA. Certified Management Accountant (CMA) is a
credential awarded by the Institute for
Management Accountants, USA. This global
certification is open to all students who have
completed their 102 or the high school
equivalent. If you are interested in pursuing a
career in accounting, check out our Certified
Management Accountant (CMA) course. Is US CMA
different from Indian CMA?
Yes, the Indian CMA course allows you to work as
a cost accountant in India, whereas the US CMA
course allows you to work in the field of
management accounting in the US and North
America. How many papers are there in the US
CMA?
In US CMA there are two papers that you need to
clear, Part 1 is Financial Planning, Performance,
and Analytics, and Part 2 is Strategic Financial
Management.
9
What is the work experience requirement for US
CMA?
To get the CMA certification, you need to get at
least 2 years of continuous work experience.
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