Best Course After CMA USA : Is PG Required After CMA US?

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Best Course After CMA USA : Is PG Required After CMA US?

Best Course After CMA USA

Many students today from the commerce stream want to acquire top certifications like CMA, CPA, CA, ACCA, CIMA, FRM & CFA etc. by enrolling in top certification courses. Most of them excel in getting these prestigious certifications with the help of top institutes like NorthStar Academy providing full-fledged courses in this field.

Thereafter, these individuals aim for other certifications or post-graduation courses.

Well! If you are in the confusion about whether to pursue Post-Graduation or which is the best course after CMA USA, here is your explanation.

To be clear, it is not mandatory to go for a PG after a CMA US certification. According to the IMA (Institute of Management Accountants), a candidate must complete at least two continuous years of full-time professional experience in Management Accounting and/or financial management. However, continuous part-time positions meeting the definition of professional experience of 20 hours per week will be considered for this requirement. 

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What are the few suggestions for doing the best course after CMA USA?

To decide on the best course after CMA USA that can help you grow as a Commerce professional, here are a few to consider

MBA

A MBA course in Finance will help you develop administrative skills which along with your financial skills will boost your skillset and hence, your professional portfolio. This course will help you gain expertise in business administration, financial administration, management strategy, and business development knowledge. It is considered the best course after CMA USA in India as there are many good options to pursue an MBA.

CS, CA, CFA, CFA(US), CMA(UK)

CS and CA courses are popular in India. CFA will be helpful for you if you have an interest in Investment Banking and Portfolio management. CA (Chartered Accountancy) has been India’s top career choice in accountancy for decades. NorthStar Academy offers the best CA coaching in India with its top mentors like M Irfat. The courses provide comprehensive training with placement assistance. NorthStar Academy has tie-ups with many MNCs and corporate chains that give you the right exposure needed to excel in your career. 

CPA, CFP, CIA(US), CISA

These courses aim at imparting to you an in-depth knowledge of financial management and commerce.  CPAs (Certified Public Accountants) are the most in-demand professionals among the MNCs in India. The CPA certification exam is conducted by‌ the American Institute of CPAs (AICPA). If you want to pursue and become a CPA certified, then NorthStar Academy is the top-renowned training institute for its CPA course, indeed a best course after CMA USA, in the world. It has a record of 83% pass percentage and is a globally recognized training institute.

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What are the options for higher studies after CMA?

In this era of value-based education, the credibility and recognition of courses are important. So, if you are considering a CMA USA course, you should also know about options for higher studies after CMA or the best course after CMA USA to pursue. 

CMA or Certified Management Accountant course is administered and awarded by the IMA (Institute of Management Accountants), USA. NorthStar Academy is an approved learning partner for IMA and offers the best results with an 83% pass percentage. 

There are many courses that you can opt for, to increase your credibility and growth opportunities. The best courses after CMA USA to consider are as follows:

Chartered Accountant (CA)

It deals with different subjects like accounting, financial management, taxation, and auditing. It is the most popular course in India in the field of commerce and finance. CAs are offered well-paid opportunities in top MNCs. 

Company Secretary (CS)

This course is right for you if you are interested in company law and secretarial auditing. It mainly deals with corporate and tax laws with secretarial standards, and it might be the best course after CMA USA for you and will add great value to your CV or career profile. 

CMA India

It is one of the top course in India for all the individuals who wants to hone their skillsets in Finanacial management field. The course will help you learn the core concepts with its comprehensive syllabus of all the three levels of the exam, namely CMA Foundation, CMA Intermediate, and CMA Final.

ACCA

If you are willing to learn more concepts, learn more about real-world projects, and cover the knowledge corners that are still uncovered, ACCA is the best course after CMA USA. You can take the ACCA certification course from NorthStar Academy and streamline your studies to crack the ACCA exam with their expertise.

CIMA UK

Another great choice of certification to have after the CMA USA is the CIMA UK (Chartered Institute of Management Accountants) certification. A kind of PG degree in UK empowers the students to learn about finance and management simultaneously.

Chartered Financial Analyst (CFA)

If you want a career in investment banking or finance-related jobs, then this course will suit your goals. 

MBA

MBA from top B-schools in India will boost your skills related to business administration and provide you with placement opportunities in top companies. 

What is the best combination with CMA India?

The US CMA certification offered by the IMA is the global benchmark for management accountants and financial professionals. Northstar Academy is the leading CMA training provider with global recognition. It boasts of an 83% pass percentage and provides active placement assistance. 

Some courses along with CMA can boost your profile and enhance your career prospects. Based on your career goals and objectives, you can decide on the best course after CMA USA. Different course combinations focus on different aspects of finance and management. The common combinations are elaborated below:

Along with the CMA India, you can do the CMA USA, CPA, CA, ACCA, MBA, and CFA certifications as discussed above. Apart from these here are some certifications which would prove to be the best combination with CMA India.

CMA USA

A globally recognized certification sought-after by thousands of individuals is the best choice to do after CMA India. Acquirig this IMA accredited certification will considerably increase your value among the financial corporate world. You can enroll  in the highly reputable CMA USA course of othe NorthStar Academy and increase your earning as well as career growth potential.

Certified Public Accountant (CPA)

A CPA (Certified Public Accountant) offered by the American Institute of CPA (AICPA) is the highest standard of competence in accountancy. Northstar Academy is the leading training provider with a 83% pass percentage. It provides world-class online and offline content curated in collaboration with leading companies. 

Law

It helps you to represent your clients in the law court. You can become a well-versed individual of the company who can give legal advice while having extensive financial knowledge.

B.Com and M.Com

The syllabus of CMA also covers topics of B.Com and M.Com. You can easily take up these courses and pass the examinations. This is the right option if you want to work in the government sector. 

Can I do MBA after CMA?

MBA after CMA gives a lot of placement opportunities in top Big4s and MNCs. The salary range varies in different b-schools. Top companies with excellent salary packages visit IIMs, IIFTs, and other B-schools. In India, MBA is considered the best course after CMA USA. The MBA course adds value to your profile with its course content, which is relevant in the corporate sector. MBA in Finance or Finance and Accounting is the relevant specialization after CMA. The syllabus of an MBA in Finance job designation after completing a CMA is as follows:

  • Relationship managers
  • Cost managers
  • Analysts
  • Finance managers
  • Directors

MBA in Finance will give you the right skills to understand the annual reports of the companies and illustrate them. After MBA in Finance, you can work in both government and private sectors. Some of the jobs that will be available to you after your MBA are‌:

  • Financial research analyst
  • Credit risk management analyst
  • Financial advisor
  • Portfolio manager
  • Investments analyst

What is the CMA and MBA combination salary?

CMA is a recognized professional certification awarded by the IMA, whereas an MBA is an academic degree. CMA focuses on Management Accounting, whereas MBA deals with broader aspects of finance. Having CMA showcases your expertise in Financial Planning, Decision Support, control, and professional ethics. MBA is considered the best course after CMA USA in our country. There are many b-schools offering world-class education to guarantee excellent job opportunities in India and abroad. CMA and MBA combined salary can go upto 15 Lakhs per annum.

Is it good to do an MBA after CMA? 

CMA is a credible certification in accountancy and is considered a benchmark for Management Accountants and professionals. This certification increases your chances of getting hired by companies abroad. 

MBA is an academic course provided by many institutes across the world. In India, IIMs, IITs, ISB, etc. are reputed organizations providing world-class education in business and management studies. The minimum eligibility criteria to get admission in MBA courses in these institutes is at least three years of bachelor’s degree in any field with marks equivalent to at least 50%.

MBA is a broader concept as compared to CMA, hence, making it the best course after CMA USA. It includes Finance, Marketing, Operations Management, Economics, Human Resource management, statistics, etc. The most popular specialization for people with CMA certification is MBA in finance. You might also be able to enjoy CMA exemptions for MBA depending on the institute you choose. It is relevant to the course structure of CMA and opens doors to many exciting job opportunities. 

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FAQs

1. Is it worth doing an MBA after CMA?

Both are desired career goals in the fields of accounts. CMA focuses on management accounting, whereas MBA in Finance covers broader aspects of finance. Depending on the market scenario and the institute where you are getting your certification and degree, you can get salaries starting from 6 lakhs per annum. MBA is the best course after CMA USA as it increases your chances of getting well-paid jobs in India and abroad.

2. Can we do MBA after CMA?

Yes, you can do the MBA course after acquiring CMA certification. In fact, MBA is one of the best courses after CMA USA. Having an MBA degree from top universities increases your chances for placements since top companies visit their campuses for hiring. 

3. Which MBA specialization is best for CMA?

MBA is considered the best course after CMA USA. It is offered in many specializations in universities. MBA in Finance and Accounting gives a lot of added advantages like placement opportunities and increased pay. You need to clear the CAT (Common Admission Test) to make it to the top business schools in India. You can also enroll yourself in distance MBA programs offered by some top universities in India. 

4. Which course is best after CMA USA?

There are many courses that you can take after CMA USA, including CPA, ACCA, etc. to boost your skills and hence, your professional profile. This will improve your chances of better job opportunities and salary. MBA in Finance and Accounting is the best course after CMA USA in India that will help you land your dream job. It is an academic course of two years with proper coursework and examinations. You not only get to live a campus life but also get opportunities to explore your career, interests, internship opportunities, student exchange programs, etc.

5. What is the salary of a CMA?

CMA (Certified Management Accountant) is one of the most valued certifications in accounting and management. A CMA possesses skills in accounting, auditing, budgeting, capital budgeting, etc. In India, the average salary is Rs. 7 lakhs per annum. The average starting salary for freshers is around 3.4 lakhs per annum, which can be up to Rs. 38.8 lakhs per annum with your experience and expertise. The top-paying industries for CMA in India are Big Fours, oil and Natural gas, IT services and consulting, engineering and construction, and accounting/ auditing. 

6. What should be done after CMA?

CMA certification has a good amalgamation of business and accounting and it is considered the benchmark for management and accounting. One can take up a job after CMA or go for the best course afterCMA USA, or do both simultaneously. The various job roles for CMA are as follows:
  • Finance Manager
  • Finance Risk Manager
  • Financial Analyst
  • Financial Controller
  • Cost Accountant
  • Cost Manager
  • Cost Accountant

However, to improve your career prospects with better salaries, you can go for other courses. These courses will not only boost your skills in finance, business, and accountancy but will also open doors to better job opportunities.

Conclusion

CMA USA certification is a globally recognized benchmark in finance and accounting. CMAs are skilled in accounting concepts, business aspects, and corporate governance. Many accountants, auditors, and financial analysts earn this credential to advance their careers. 

NorthStar Academy is an approved learning partner for IMA (Institute of Management Accountants) and is a leading training institute for CMA USA. They ensure excellent career opportunities with their high-quality education content and placement assistance. You can contact us if there is any query about our top courses.
Depending on the market scenario and institute, one can expect a good salary package after CMA plus MBA and or plus other courses like CPA, CA, ACCA, CFA, and Law as mentioned above. Based on your career goals, you can decide upon the best course after CMA USA.

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