Why Pursue The CMA? | Benefits Of Becoming A CMA
The Certified Management Accountant (CMA) is a professional certification offered by the Institute of Management Accountants (IMA), widely recognized and respected in accounting and finance. The CMA Dubai is designed for professionals who work in the areas of financial planning, analysis, control, and decision-making. Pursuing the CMA certification can provide many benefits, both personally and professionally.
The CMA certification is highly respected in the accounting and finance industry and is considered a valuable asset for career advancement. It demonstrates to employers that you possess the knowledge and skills necessary to excel in financial planning, analysis, control, and decision-making.
Increased earning potential:
CMAs generally have higher earning potential than non-certified professionals. According to a study by the IMA, CMAs earn, on average, 18% more than non-certified professionals in the same field.
The CMA certification is globally recognized and respected in the accounting and finance industry. It demonstrates to employers, colleagues, and clients that you possess the knowledge and skills necessary to excel in your field.
The CMA certification requires continuous learning, which helps to keep you current in your field and allows you to stay competitive. This may include continuing education courses, attending professional development events, and participating in webinars.
The CMA certification provides access to a network of professionals with similar interests and goals. This can lead to valuable networking opportunities, as well as opportunities for mentorship and professional development.
Higher job responsibilities:
The CMA certification can open up new job opportunities with increased job responsibilities. It can also increase the chances of being promoted to higher positions in the organization.
The CMA certification process provides a framework for learning and developing skills essential for success in the accounting and finance industry. This includes financial analysis, budgeting, forecasting, performance management, cost management, and strategic management accounting.
The CMA certification improves the ability to make informed decisions by providing the knowledge and skills to analyze financial data, identify key business drivers and make recommendations based on that analysis.
The CMA certification is globally recognized, which means it is recognized by employers and organizations worldwide. This allows for more job opportunities internationally and can increase the chances of international assignments.