Regardless of whether you are a new graduate or a working professional in an accounting and finance role with an aspiration to have a career growth, the CMA Program prepares you for the fast-growing field of Management Accounting.
Certified Management Accountant (CMA) is the advanced professional certification that demonstrates strong knowledge of the critical accounting and financial management skills demanded by today’s dynamic businesses. Here are 5 reasons why you should invest in a CMA certification:
1. Career Potential
The 2014 August edition by Strategic Finance highlights that almost half of the CMA candidates are from the Middle East. This being, The CMA credential will open a host of career opportunities for you in the UAE such as financial statement analyst, cost control analyst, controller for prevention of frauds and errors and investment appraisal supervisor. This is due to the qualification being not just comprehensive but also concise and following the latest market trends such as AI and so forth.
Being a gold standard in management accounting and a globally recognized qualification, the CMA course will open doors to international mobility. Leading employers such as 3M, Caterpillar, ConAgra, Hewlett-Packard, Microsoft, Procter & Gamble, Saudi Aramco, and Verizon seek to hire and promote CMAs in key management roles around the world.
Achieving the CMA qualification offers you the chance to build a lasting network of professional relationships through it’s local chapters. This could prospectively offer you with a chance to expand your skills and enhance your career.
3. Easier Advancement
Among those who have and don’t have a CMA certification, CMA’s are known to achieve higher positions in organizations. People who start their careers with a college degree and no professional certification will find themselves in lower level positions, as they lack the expertise and knowledge demanded by managerial levels. The CMA course helps bridge this gap by acting as a proof of management expertise.
CMA exams are offered in hundreds of locations worldwide and have three exam windows in a year. The advantage of choosing your exam window according to your timeframe and strength of knowledge is one of the many reasons why the CMA is highly sought after. Candidates can also be flexible in deciding which part to appear for first as Part 1 isnt required to be completed before Part 2 of the CMA exam.
Another distinctive trait of the CMA course is that you can complete the course in almost 6 months whereas other qualifications require a commitment of over 2 years at least.
If you pass both parts of the CMA course, you get exempted from Part 4 of the Certified Internal Auditor (CIA) examination and from the following 3 papers of the ACCA (Association of Chartered Certified Accountants) exam: