Introduction
Imagine having a premium pass recognised in over 170 countries. There's one for sure. It's called the Certified Management Accountant Certification (CMA certification). It opens pathways to journeys into global careers in management accounting and finance.
Ah! One more among the sea of global 'certificates', one may think. Think twice!
Look at facts and numbers. Take UAE, for example. Compare the median total compensation uplift for a CMA professional with a non-CMA in UAE. It is a whopping 103%! The uplifts are similar globally.
Sounds too good to be true. Is there a catch? None.
It has to do with the wide range of challenges that individuals with a CMA certification can tackle.
Let's take a quick peek into some of those challenges.
Challenges
Business is getting complex and competitive. The pace of disruptions and innovation is rapid. It's changing the management accounting role. Here's why, with some examples:
Automation
Digital automation is replacing manual accounting tasks. Be it data entry, invoicing, payments or other business processes.
Artificial Intelligence (AI)
Predictions are that AI will deliver over 80% of traditional accounting services. AI will aid 'intelligent' accountable decisions.
Analytics
Data, including financial data, is exploding. Technology can leverage big data using analytics. It can drive better planning, budgeting, forecasting, risk assessment, cost control and decisions.
Hence, management accountants must reskill and upskill to build newer competencies like analytics. It can help them play accounting and strategic roles of value to the new-age business.
Is there a solution? One good answer lies in upskilling them with a CMA certification.
Read on to know more.
CMA transformation
A CMA certification is career transformative for finance and accounts professionals. It's a pathway to uplift from a vertical role into a broader strategic role.
There are four reasons and twelve skills that make this happen.
1. Globally recognised value
Recognised in over 170 countries, the CMA is more than a certificate. It is a competitive edge in the job market. It is a gold standard of assurance in management accounting. Bringing deep knowledge and execution ability in global management accounting. Plus skills to take on leadership and executive roles in future.
2. Wholesome curriculum
The CMA curriculum covers accounting, business, finance and analytics. That includes a wide range of a dozen core skills:
- Accounting
- Financial Reporting
- Corporate Finance
- Planning
- Budgeting
- Forecasting
- Performance Management
- Cost Management
- Financial Statement Analysis
- Risk Management
- Technology
- Analytics
Aren't the certified management accountant CMA course details delicious?
The proof of the CMA pudding seems to be in eating it! Over half of the 100,000+ globally certified CMA professionals did it in the last six years!
Tuned for working professionals
The CMA course can be paced to accommodate the tight schedules of working professionals. They have three years of flexibility to complete the two parts of CMA.
Continual upskilling
CMA-certified professionals need to take updated courses every year to maintain it. It's a win-win for the industry and professionals. Both remain in sync with the latest developments in the world of business.
In conclusion
Businesses are encountering rapid churns of dynamic changes globally. Surviving and thriving is a matter of having resources upskilled.
The CMA certification is globally recognised. Its curriculum is relevant and comprehensive. It covers financial analysis, decision-making, strategic planning and leadership skills. That's a pathway to executive and leadership roles.
The Institute of Management Accountants (IMA) USA is the certifying body of CMA. Imarticus is an approved silver learning partner of IMA. Imarticus is also a training and content partner of Gleim, USA - the best content provider of CMA. That makes the Imarticus CMA course a path to excellence in management accounting.
The cherry on the cake is that Imarticus guarantees students will pass the CMA! What more can one ask for?
Enrolling on the CMA course with Imarticus is a decision to set careers on a global roll. Take it!
