USA

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. India is a hot B.Ed of and key player in Business Process Outsourcing. A majority of the outsourced financial work in India comes from the USA and UK, since NYSE (New York Stock Exchange) and LSE (London Stock Exchange) represent the world's the largest financial markets. As most major brands are American entities that follow USGAAP, this creates tremendous job opportunities for CMAs in India (in the BPO sector). Another major source of employment for CMAs are FP&A jobs directly with American companies that have branches in India, but prepare financial statements using USGAAP, at the parent level. 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. For further information visit https://mileseducation.com/cma.

IILM Undergraduate Business School, Lodhi Road is one of the premier institute for management programs. IILM Undergraduate Business School, Lodhi Road offers BBA in Business Management in collaboration with Monroe College, New York. Student gets an American college degree while studying in India. The four-year US degree will be completed at IILM in 3 years by way of two semesters in Year one and 3 semesters each in years two and three. This will ensure that students can save one year and earn their US graduation degree faster. Student may transfer to Monroe college in New York at any time and continue with the studies without any interruption. Eligiblity Criteria for same is
60% marks in Class 12 or equivalent in other boards
Personal Interview Round ( Due to COVID, we are conducting online interviews)
For more details, please contact our school counselor at 9811165146.

IILM Undergraduate Business School, Lodhi Road is one of the premier institute for management programs. IILM Undergraduate Business School has partnered with Monroe College New York and Swiss Business School, Zurich, Switzerland. IILM Undergraduate Business School, Lodhi Road offers BBA in Business Management in collaboration with Monroe College, New York. Student gets an American college degree while studying in India. The four-year US degree will be completed at IILM in 3 years by way of two semesters in Year one and 3 semesters each in years two and three. This will ensure that students can save one year and earn their US graduation degree faster. Student may transfer to Monroe College in New York at any time and continue with the studies without any interruption. For more information you can visit our website at: www.ubs.iilm.edu