CMA jobs and CMA salary in India is the topic which interests the students round the year as they think about the relentless growth after completing studying. CMA exam difficulty level starts from the intermediate level, and the final level is also a challenging one with practical problems. So, it takes multiple attempts and probably two years to complete CMA intermediate. The pass percentage is hardly 45 percentage which propels the students to think about the job opportunities for intermediate pass students. We take immense care in presenting the students about the job opportunities and salary growth for intermediate one group pass, intermediate two group pass, Final one group pass and then Completed CMA students. Graduation is valued only after completing three years but CA/CMA and ACS are the courses that have a valuation in the profound two stages. The intermediate and final level has been valued equally in major Companies. In India, due to financial constraints, students go for jobs from the intermediate level itself. So, knowing the value of each stage motivate for proceeding to the next level. This blog is the answer for aspiring students who have an interest in the subject but fear about CMA salary in 2021-22.
CMA Intermediate one group passed students
CMA students get placement opportunities after completing CMA one group from banks, public sector units and companies. Chief accountant, manager, and credit officer are the different posts in Companies. Chief executive officer, Chief financial officer, Chief operating officer, chief technology officer, and chief marketing officer are the different top-level roles in Companies. After completing CMA complete course learners can get placed as Chief financial officers. Intermediate level students are intelligent like Final level students. The only difference is the personal reasons which corporates use. The salary expectation for an intermediate student is comparatively low. The intermediate group one completed students get the offer with a package of one lakh to six lakh per annum. Their position is to report to the Chief financial officer which is their dream job after completing CMA Course.
CMA intermediate two groups passed students
CMA inter two groups passed students get a job as an internal auditor. Companies like Management consultancy firms, SEBI, National Steel and Agro Industries, Banks, financial services, Government departments and developmental agencies place CMA inter passed students. If the student has secured rank in the intermediate level and hold the position of the topper in the CMA examination, then he gets the jobs in MNC companies with a position as a financial analyst, senior executive, business analyst, finance manager, pricing analyst, Chief finance officer, and Director-Finance. He gets a higher salary starting from 3.8 lakhs to 17.6 lakhs. Inter passed students have the capability of understanding risk control, SAS, SAP, financial modelling, strategic planning and valuation. After getting the experience they get a higher salary.
Students need to complete article ship training after completing CMA inter. And this can be in organization, CMA firm or industrial training. By learning SAP, Tally and other job-related skills CMA inter getting a salary of 20,000 per month initially. The salary depends upon the company and CMA inter has more value than a B.com candidate. But, it all depends upon the individual performance. Though the certificate gives you the extra value it has to be viewed from the performance by the Company. Performance is the freeway where the employee gets recognition.
CMA final one group passed students
CMA students with a pass in one group of Final have opportunities in MNC companies, finance jobs and investment jobs. When the student has reached the Final level he needs to decide about the area of work which he prefers. Because after completing CMA final level, he needs to choose the manufacturing sector or service sector. The management accounting and its application are different in both the sector. Having five years of experience in one line of work make the CMA professional a good decision-maker.
CMA final two groups passed students
As globalization and technological innovations are setting standards for the Companies, there is demand for CMA graduates in India. As per the Global salary survey report 2020, the salary for CMA in America is 1,15,000 $, Europe in $ 75,000, Asia 24,600 $, Middle East or Africa 34,400 $. So, there is a difference in salaries of CMA and non-CMA from the global record. Moreover, the percentage of CMA qualified professionals are in the upper side in America, Asia, Middle East, and Europe.
