INTRODUCTION  
The Certified Management Accountant (US CMA) designation is a prestigious and one of the most sought-after certifications for professionals in the field of Management accounting and finance sectors. US CMA certification is recognized in over 170+ countries and helps accounting and finance professionals rise higher inside companies and organizations.  
Pankaj Dhingra, Managing Partner & co-founder, FinTram Global shares insights for students from commerce, accounting and finance background on US CMA certification, eligibility and future prospects. 
 
ELIGIBILITY CRITERIA:
Class 12th pass outs, graduates & current undergraduates can appear for the US CMA exams, which are administered by the IMA; one of the largest and most respected associations focused on advancing the management accounting profession.
To earn the US CMA credential, Candidates must have: -
Cleared both Part 1 and Part 2 Exam of US CMA and
Have a bachelor's degree from an accredited institution/recognised university and
Have 2 years of relevant work experience which can be gained before or after the exam (verified by the IMA within seven years of passing the exams).
US CMA Exams:
The exam comes in two parts. Candidates can attempt any part in any order at their convenience.
Part 1- Financial Planning, Performance, and Analytics
Part 2 - Strategic Financial Management

CAREER OPPORTUNITIES:
US CMA certification is uniformly recognised around the world. US CMA professionals often find work opportunities in strategic roles that allow career development and rapid advancement. Some of the professional opportunities are: 
Financial Analyst 
Management Accountant 
Cost Accountant 
Financial Risk Manager 
Corporate Controller 
Management Consultant 
 
FINANCIAL EMOLUMENTS: 
The specialised offering of US CMA professionals in the accounting field lends them a great earning potential. US CMA professionals often earn higher salaries than their non-certified counterparts. However, salaries and pay packages vary based on factors such as experience, location, and industry. On average, a US CMA in India can earn up to INR 6-8 Lakh per year.   BENEFITS OF US CMA:  
Professional Development: US CMA exam covers a wide range of topics, such as financial analysis, planning and control, and decision-making, which can help professionals develop a broad range of skills and knowledge base at large.

Better Career Path & Global Recognition: A US CMA qualification can increase your career prospects compared to a university degree. This certificate can lead to important jobs at different companies and Big Four financial institutions in different countries, giving you a wide range of work experience to explore. 

International Opportunities: One of the advantages of the US CMA is the ability to work internationally. This certificate opens the doors of employment not only in India, but also in countries such as the United States, Australia, Canada, New Zealand and throughout Europe. International recognition is valuable and allows you to enhance your work abroad.  

Short Duration: US CMA is a short course consisting of two parts, each consisting of 6 modules. Students can complete this certification in just 6 to 9 months. This means that instead of taking years of training, you can become a Certified Management Accountant in under a year.  

High Pay Packages: US CMA professionals in the USA can earn more compared to those with only a college degree. With relevant work experience, one has the potential to earn better emoluments whether you are working in India or internationally. Becoming a US CMA can advance your career, provide financial rewards, and increase productivity.  
 
ETHICAL STANDARDS & PROFESSIONAL PRACTICE:
Fairness and objectivity are essential principles in US CMA practice and advisory. These professionals ensure accurate, transparent and unbiased financial accounting and reporting in individual and corporate roles.
  
CONCLUSION: 
Becoming a US CMA can open doors to opportunities in finance and financial management, providing you with recognition, increased earning potential, and career advancement opportunities.
US CMA certification not only enhances your skills but also enhances your work experience, providing you with long-term service and opportunity in global business and you can attain this certification in less than 1 Year. 
For more information you can visit to https://fintram.com

--Pankaj Dhingra, Managing Partner & co-founder, FinTram Global