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What is the scope of CMA(USA) offered by IMA in India?
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Every year, a large number of Indians look for information on the CMA certification, so we’d like to address their concerns in this essay. Let Simandhar Education walk you through some information concerning the CMA international certification, the application process, and exam
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recommendations if you’re interested in earning the US CMA in India. IFRS
CMA stands for Certified Management Accountant. The CMA course in the United States is a
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globally recognized degree that is highly valuable in a market like India, where much offshore is going on. We have a lot of US corporations in India that are investing and recruiting accountants who are familiar with US GAAP and IFRS.
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Structure of the CMA Exam and the Years Required to Earn the Title:
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The minimum theoretical time required for the ICWAI and CA (including article ship) courses is
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two years and four years, respectively, providing that the applicant passes the first time. US CMA course takes 8–9 months to complete, and there are only two exams to pass, as opposed to 17–18 exams in Indian courses. CMAs in India earn more than non-CMA certified colleagues, according to the IMA Global Salary Survey of 2020.
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Indian IMA members work a lot harder than other members throughout the world, putting in
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an average of 45.5 hours each week. This figure is tied with Jordan and is second only to the United States (46.3). Members of the Indian IMA are also well educated. All 52 Indian respondents have earned a bachelor’s degree, and 63 percent have earned a master’s degree.
Salary of CMAs vs. Non-CMAs in Asia
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