Accounting & Commerce

CMA USA is globally recognised whereas CMA India is an Indian Certification. CMA USA focuses on Cost Management, I. e. Cost Reduction, auditing, whereas CMA India lays more focus on Cost Management, I. e. Cost Controlling. Article ship is not applicable in CMA USA, whereas it is applicable for six months in CMA India. Certified Management Accountant (CMA) certification has been the global benchmark for management accountants and financial professionals. IMA (Institute of Management Accountants) is the worldwide association of accountants and financial professionals in business that offers the CMA. CMAs are considered highly desirable for FP&A job roles (financial reporting, financial planning, financial analysis and financial decision making). The CMA curriculum also focuses on developing and testing skills required to perform the aforementioned jobs. Many American CFOs choose to be CMAs themselves and prefer to hire CMAs in their teams. CMAs expertise in USGAAP and understand its distinctions from IFRS. In most cases, multinational companies registered with the SEC in 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.

Hi darshan, The following courses can be good option after B.Com.
1. Master of Commerce (M.Com)
2. Chartered Financial Analyst (CFA)
3. Business Accounting and Taxation (BAT)
4. Certified Management Accountant (CMA)
5. Financial Risk Manager (FRM)
6. Master of Design (M. Des and M.Sc)
7. Certificate in Investment Banking (CIB)
8. Hotel Management (M.Sc. )
9. LLB
10. M.A. (Journalism and Mass Communication)
11. M.A. (Psychology)
12. M.A. (Public Administration). All these programs are niche programs with their own scope, value, pros and cons. So, choose anyone out of them, but make sure you pursue these from the best of colleges/universities like, JMI, DU, PU, BHU, Symbiosis, LPU and Osmania University, etc. Do check your eligibility and application deadlines from their websites. All the best.

You should go about with the CMA course as it will take only 6 months to complete. It will be a good exposure for you in accounting. CS course is another course famous among the commerce/accounting professionals in India. The course is built around the objective to have high caliber professionals facilitating good corporate governance. 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 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.

SRM University Delhi NCR Sonepat is the best to pursue B.Com in Haryana. B.Com. Is one of the courses which, despite being a traditional one, still find takers in the student community due to its approach. The course curriculum has been tailored in such a way so that it can serve the needs according to the requirement in the industry and the implications arising out of it. The students are groomed to do well in professional entrance exams like CA CS CWA, CFA and the likes. Not only this, but the students are also given exposure to presentation finesse, professional communication, and office etiquettes, a far cry from the traditional commerce courses, which, in turn, prepare them well to face the challenges of the coming years. https://www.srmuniversity.ac.in/faculty-of-commerce/commerce/.

Dear Candidate, IILM University, Gurugram is offering three-years, full-time, B.Com (Hons. ) undergraduate programme aimed at preparing young graduates for higher studies, employability and to nurture their intellectual, personal, interpersonal and societal skills. This programme aligned to IILM University ethos includes giving the students freedom of choice whereby they can pick up disciplines from multiple verticals. This in-process helps them specialize in two areas of their choice (major and minor) adding to their employability quotient and making them capable to handle any challenges they face during their careers. The programme imparts students with contemporary skill sets such as analytical, decision-making, technical, interpersonal and technological skills and is meant for students who desire to build their professional competence with higher knowledge and develop a holistic personality. The B.Com. (Hons. ) programme at IILM University equips the students with applied knowledge so that at the end of the programme they are ready to join the corporate world or commence their own ventures. The students may also choose to take up the option of higher education in India or abroad. Key features of the programme:
The programme helps the students to be well-equipped for areas like Stock Markets/ Financial Markets/Financial Portfolio Analysis/ Banking/ Insurance etc. It aims to help the students understand the Financial & Accounting aspects of an organisation. The programme provides specific inputs to students to prepare them for educational avenues like CA/ CMS/CS as well as foreign education options. Mandates 6-8 weeks summer internship to make the students future prepared and job-ready. For more details please visit our website-www.iilm.edu.in