USA

Well, to answer you straight there is tremendous scope for the CMA USA professionals in India. The private sector, top MNCs, the big fortune 500 companies, financial services, consultancies and management firms have many opportunities for such a high class professional. Compared to the afore mentioned organizations, there is a less scope for a CMA USA professional in Government or PSU jobs in India.

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.

CMA (Certified Management Accountant)-USA, has great scope in the Banking & Finance sector, Government Sector as well as Private sector. CMAs are also needed in some of the management positions viz. Financial controllers, Cost Auditors, Budget Analysts, Cost Head financial controller and many other big positions.

There are quite a number of papers that you would be exempted in ACCA, after completing CMA. As a matter of fact they are a total number of 7 papers.