How to Get a CMA Certification While Working Full-Time

How to Get a CMA Certification While Working Full-Time

Introduction:

With the evolving landscape of accounting and finance, there is a huge demand for licensed accountants. Having the US CMA (Certified Management Accountant) certification can be very beneficial for accounting enthusiasts. Not only students can pursue the CMA course, but also working professionals can. Though the journey from preparing for the exam to qualifying for it and earning the certification can be overwhelming for candidates who are working as full-time employees, it’s never too late, and if you've got the will to do it, you’ll succeed. Let’s know more about it.

?

Table of Contents:

  • Why should you do a US CMA when you already have a job?
  • The CMA Exam
  • How should you prepare for US CMA while working alongside?

?

Why should you do a US CMA when you already have a job?

The first and foremost thing about considering doing US CMA is that this certification allows you to get employed in any corner of the world. The US CMA is a global certification provided by the Institute of Management Accountants. There are certain beneficial factors to pursuing CMA. Let’s look at it.

  • Job Opportunities: Being experts in managerial accounting and financial management, CMAs are highly sought after by employers at top accounting firms like Big 4 and MNCs nationally and internationally. They can also work in government agencies, nonprofit organizations, manufacturing, IT, and finance and banking. Other top companies, like Accenture, Genpact, Invesco, Cognizant, Grant Thornton, MetLife, Caterpillar, Amazon, and many others, also demand accountants with the CMA designation.
  • Higher Earning Potential: Top industries offer higher earning possibilities. Depending on factors like industry location, your position in the company, and your level of experience, your salary will differ. As a fresher, the average salary of a CMA is 8 LPA.
  • Career Advancement: Working professionals in accounting and finance roles can pursue CMA for advancement in their careers to seek higher job roles. Getting global exposure is also a big factor. The CMA exam preparation makes you more knowledgeable in areas like management skills, financial analysis, cost and risk management, budgeting, forecasting, and advisory services to clients and companies.
  • Better Job Roles: In accounting firms or top companies related to finance and accounting, you can get employed as a financial analyst, controller, management and cost accountant, internal auditor, or tax or financial consultant. The highest position a CMA can hold is Chief Financial Officer (CFO).
  • Global Recognition: Accountants are the most demanding professionals in today’s evolving accounting industry. Not every accountant gets the privilege of international exposure, but US CMA certification is the highest global credential in the field of management accounting.

Join our free US CMA webinar to know more: ?https://www.simandhareducation.com/cma-webinar

The CMA Exam:?

The CMA exam is conducted by the Institute of Management Accountants (IMA). It is a 2-part exam with MCQs and essay-based questions in each. Candidates need to score a minimum of 360 marks out of 500 to qualify for the CMA exam. Candidates who clear both parts of the exam will be eligible to earn the US CMA certification. The two parts of the exam are Part 1: Financial Planning, Performance, and Analytics; and Part 2: Strategic Financial Management.

Related blog: https://www.simandhareducation.com/blogs/the-us-cma-exam-2024-what-s-on-the-syllabus


How should you prepare for US CMA while working alongside?

Every person seeks growth in life in terms of career progress, financial security, and self-development. To be honest, career growth is very important in life. In today's world, additional certifications can give you better opportunities to stand out in the complex job market. So, if you’re a working professional from any field other than accounting or finance and are thinking about a career change or joining the accounting world, US CMA seems to be the best choice. Also, if you’re an accounting professional seeking career advancement, US CMA certification is all you need. Here are certain tips that might help you:

  • Study Plan: Creating a realistic study plan is the most crucial thing while preparing for any exam. As a full-time employee, prioritizing time management can be a daunting task. Identify free time in your daily and weekly schedule. Evenings, weekends, and lunch breaks can be utilized for studying. Plan a study routine accordingly and try to revise the complex topics regularly.
  • Review Course and Study Materials: Enrolling in a review course can be beneficial. With top-notch study materials, exam-ready curriculum, and pre-recorded classes, you can study whenever you want. Simandhar Education provides it all.
  • Study Groups: Joining study groups in the new-age world is very effective. Telegram and WhatsApp communities provide a whole new experience where you can discuss different topics with fellow aspirants, mentors can guide you virtually, and you can exchange questions with each other for better understanding.
  • Practice: As you know, practice makes a man perfect. Try scheduling mock exams in your preferred available breaks and follow it until the day of the examination. Take your mock exams every day and mark the points where you’re mistaking them. Revise them regularly.
  • Stay Focused: No matter how overwhelming it may be, stay focused on your goals. You might face difficulties managing time to prepare for the exam as well as working full-time. But always keep in mind the feelings, time, position, salary, and respect you’ll earn after becoming a qualified Certified Management Accountant.

Conclusion:

Gain career advancement, prestigious certification, and high-salary packages with US CMA. Enroll today in India’s award-winning and leading institute for providing the US CMA course, Simandhar Education, for your easy exam preparation. Get access to our top-notch study resources, live sessions, and webinars in the presence of experts, pre-recorded classes, mock tests, and interview sessions. We have an excellent team of faculty who guide students throughout their preparation journey. The Simandhar team also offers 100% placement assistance to their enrolled students and helps them get the required visa. We have great tie-ups with the top accounting firms across the globe, like the Big 4 and MNCs. Joining our Telegram and WhatsApp groups exclusively available for our enrolled students, you can enjoy a better learning methodology and discuss your queries with fellow aspirants and instructors. To learn more about Simandhar, contact us at 7780273388 or visit our website.

ShreeKanth Reddy G

Pursuing EA |??1M+ Impressions??| Senior CRM - US Taxation | Passionate & Upcoming Singer & Composer |

5 个月

Love this.. Imagine you’re a knight in the medieval kingdom of Businessland. To fight dragons like “Budget Overrun” and “Financial Mismanagement,” you need more than just a sword (your basic accounting knowledge). You need the enchanted armor of a Certified Management Accountant (CMA) course. This armor not only makes you look dapper in the boardroom but also grants you magical powers like strategic planning and financial analysis. Without the CMA, you’d be like a knight in shiny armor, but with a plastic sword, bravely charging at the dragon of complex financial decisions. And let’s face it, no one wants to be that knight who gets singed while everyone else is roasting marshmallows on the dragon’s fire. So, saddle up, enroll in the CMA course, and become the hero Businessland deserves—just make sure your horse knows Excel! Looking forward for availing best offers especially on fee?? Simandhar Education

要查看或添加评论,请登录

社区洞察

其他会员也浏览了