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The main reason why people go for professional courses is to get a good job in a reputed company within the country, to get promotion in the present company, to grab an international project or to relocate to a preferred country and get a job over there.
This means a professional certification should be able to make a total career enhancement in a person’s life. The US CMA is one such life-changing certification. There is a common question among Indian/ Asian students and professionals that how CMA, being a US certification, will help them get a job within India?
This question naturally comes into the mind of those who are not that aware of the corporate history of the country ever since the waves of globalization swept off the Asian countries.
Job Scope of US CMAs in India and Middle East
Statistics say, in the last one decade 99% of the MNCs and large companies started operating in India and Mid East are US based, i.e, they have either originated in the US or a subsidiary of a US parent co or raise funds in the US market, listed in the US stock exchange.
All these companies and Big 4s need to comply with the Securities Exchange Commission. All SEC complying companies require US CMAs in their internal accounting, financial analysis, making price decisions, costing, budgeting and other roles.
US CMAs are recruited in different positions like Financial Analysts, Accountants till the CFO role in companies like Amazon, L&T, 3M, Alcoa, AT&T, Bank of America, Boeing, Cargill, Caterpillar, ConAgra, Hewlett-Packard, Johnson & Johnson, Microsoft, Procter & Gamble, KeyCorp, Whirlpool, Saudi Aramco, Verizon and Xerox etc in this part of the globe.
The demand is still higher than the supply. To meet their internal needs some companies are sponsoring their employees to avail US CMA training and write the CMA exams.
The certification signifies that the person possesses knowledge in the areas of financial planning, financial reporting, analysis, control, decision support, and professional ethics, the skills most in demand on finance teams around the world.
Hence a person having a US CMA qualification is considered as a professional expert in management accounting and gets recognition and respect across the globe.