India

The Certified Management Accountant (CMA) course itself is a well-recognized course, irrespective of where you pursue it. Which option is better depends on your requirements. For example, completing a CMA course in India will take approximately three years. However, you can complete this course in nine months from the United States.
1. Affordability: In India, the CMA course is more affordable and costs around Rs. 50,000 rather than in the US, which costs up to one lakh rupees.
2. Recognition: The CMA Certificate issued by the Institute of Cost Accountants of India (ICAI) is recognized only in India. But the CMA Certificate, issued in the US by the Institute of Management Accountants (IMA), has global recognition. So, US CMA will be better if you want to do a job abroad, but CMA India will be better if you are looking to start a career as a cost advisor or auditor in India.
3. Salary: The average salary of both is around 7 LPA; however, you may get up to a 28% hike for jobs like chief financial officer abroad with CMA US.
4. Eligibility: For CMA US, you need to have two years of experience in the financial domain in addition to a 12th grade certificate. For CMA India, you just need a 6-month articleship with a 12-pass certificate.
5. Course structure: CMA US is divided into two parts: first, financial planning, performance, and analytics. Second, it includes topics on strategic financial management.
CMA India is comparatively tougher and includes 20 papers in total at three levels: foundational level with four papers, intermediate level, and final level with eight papers each.