The CMA credentials will open a host of career opportunities for you. CMAs work in diverse job functions today - financial statement analysis, budgeting, cost control, risk management, product pricing, forecasting, raising capital, prevention of frauds and errors and investment appraisal. Research suggests that CMA certified members earn 122% more in salary and 117% more in total compensation than noncertified members. The global recognition of the CMA qualification will also open doors to international mobility.
CMA is a global qualification. Leading employers seek to hire and promote CMAs. Companies such as 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, ConAgra, Hewlett-Packard, Johnson & Johnson, Microsoft, Procter & Gamble, KeyCorp, Whirlpool, Saudi Aramco, Verizon and Xerox have CMAs in key management roles around the world.
CMA exams are offered in hundreds of locations worldwide. The exam can be taken three times in a year.
If you pass both parts of the CMA, you get exemptions from the following 3 papers of the ACCA (Association of Charted Certified Accountants) exam:
F1: Accountant in Business
F2: Management Accounting
F3: Financial Accounting
If you become a CMA you are exempted from Part 4 of the Certified Internal Auditor (CIA) examination.