Accounting & Commerce

CMA is a well-known course among management and cost accounting professionals. The Certificate issued by the Institute of Management Accountants - IMA, provides a deep understanding of managerial decision making and cost measuring concepts. It also includes an introduction to fintech subjects helping the professionals be industry and tech-ready. US CMAs are considered highly desirable for FP&A job roles (financial reporting, financial planning, financial analysis, and financial decision making). The US CMA curriculum also focuses on developing and testing skills required to perform the aforementioned jobs. Many American CFOs choose to be US CMAs themselves and prefer to hire US CMAs in their teams. CMAs expertise in USGAAP and understand its distinctions from IFRS. In most cases, multinational companies registered with the SEC in the USA have to provide audited annual financial statements per USGAAP. These financial statements are prepared by the internal finance team of the company. Since CMAs are well qualified in USGAAP and understand the SEC reporting requirements well, companies preparing their financial statements using USGAAP prefer to hire US CMAs for the job. The average salary package for a fresher CMA with no experience ranges from INR 4.5-6 Lacs p. a. Of course, with experience the salary increases, and depending upon the role, compensations will vary. Overall, jobs of US CMA in India pay comparably and sometimes even better than traditional Indian finance qualifications such as ICWA. For more information on this visit Miles Education's website.

Generally, most Indian B.Com graduates are eligible to take the CPA exam. Every year of university education in India is equivalent to 30-semester credits of US Education, totaling 90 credits at the end of 3 years. If B.Com is completed in 1st division from a NAAC 'A' university, the 3-year B.Com would be treated as 4 years of US education, I. e. , 120 credits for B.Com alone. Having a 2-year Master's degree (e. g. M.Com MBA) contributes to 60 education credits. Further, professional qualifications like CA/CS/CWA are recognised by few States as 2 years of US education. In case yours is a NAAC 'A' college, you'd be able to appear for the exams. Even if that's not the case, you can pursue bridge courses to get the credits. For additional information, you can write to me or visit Miles Education's website.

Generally, most Indian B.Com graduates are eligible to take the CPA exam. Every year of university education in India is equivalent to 30-semester credits of US Education, totaling 90 credits at the end of 3 years. If B.Com is completed in 1st division from a NAAC 'A' university, the 3-year B.Com would be treated as 4 years of US education, I. e. , 120 credits for B.Com alone. Having a 2-year Master's degree (e. g. M.Com MBA) contributes to 60 education credits. Further, professional qualifications like CA/CS/CWA are recognised by few States as 2 years of US education. In case yours is a NAAC 'A' college, you'd be able to appear for the exams. Even if that's not the case, you can pursue bridge courses to get the credits. For additional information, you can write to me or visit Miles Education's website.

Hi, I would say Choose the path which you feel right for you, where your interest lies. There are ample of options after B.Com a student can go for, Howevee you only can find what's excites you. You can go for CA CS CMA, FRM, CFA M.Com PG diplomas, Short term job oriented courses, Government/ Banking Exams or MBA for that mattes. There are even more opportunities abroad. Or what you can do is get a good job where you can get experience and quality learning. After getting 1-2 years of experience you can go for MBA. It's up to you. Because MBA can be rewarding if it is done from tier 1 colleges & it will cost 10-20Lakhs. If you are not financially strong then you can consider doing other courses. Feel free to ask any other query. I will be Happy to help
Thanks.