Certified Management Accountant Salary, Jobs, Scope in India

Surobhi Chatterjee

Graduates can choose from a wide range of careers in certified management accounting employment. Graduates will be able to find employment in both the public and private sectors. The flexibility of the courses that the students complete allows for a wide range of job opportunities. Accountant, Auditor, Budget Analyst, CFO, and other positions are on some of the Certified Management Accountant job listings.

Career Prospects and Job Scope for a Certified Management Accountant Graduate

Graduates of the Certified Management Accountant programme typically work in accounting positions. A graduate's Certified Management Accountant job opportunities are extensive and span a wide range of professions and industries. Following certification in certified management accounting, graduates frequently work in the positions listed below:

• Finance Manager
• Budget Analyst
• Accounts Executive
• CFO
• Auditor
• Financial Analyst
• Accountant

Areas of Recruitment for Certified Management Accountant

Graduates can choose from a wide range of Certified Management Accountant careers positions in both the public and commercial sectors. Following certification in management accounting, students are not restricted to their specialised fields, creating a wide range of employment opportunities. The Certified Management Accountant course is a broad course with various specialisations.

There is a suitable role for practically every applicant choosing the Certified Management Accountant course, regardless of their prior academic experience, and personal preferences, this is due to the diversity and demand for graduates. Several areas for recruitment include:

• Accountant firms
• Business Consultancy
• Business Law
• Broadcast
• Banks
• Business Process Outsourcing Units
• Think Tanks
• Civil Services
• Research Roles

Certified Management Accountant Salary

Depending on the career path chosen by the graduates, the Certified Management Accountant salaries may vary. Experience, location, and job are variables that may affect the compensation of a certified management accountant in India. Internships and job placements can help graduates earn more money since they expand their experience.

Certified Management Accountant Salary in India

The average Certified Management Accountant salary for graduates is around INR 6-15 LPA [Source: PayScale]. The table below shows the salary breakdown of Certified Management Accountant graduates in India:

Source: Glassdoor

The table below contains the list of Certified Management Accountant jobs profiles and their average salaries per annum:

Source: Payscale

Certified Management Accountant Salary Abroad

Indian students who desire to study abroad are drawn to Certified Management Accountant, one of the most sought-after degrees in the world. Students who pursue a Certified Management Accountant degree abroad will have access to the best resources, programmes, and teachers.

Students will also have the opportunity to get employment and earn high salaries after completing the course. In the US, the average salary for graduates in Certified Management Accountant is USD 230,6200 per year (Source: PayScale). The table below shows a collection of job descriptions from abroad together with the appropriate annual salary:

Career Scope of Certified Management Accountant

One of the most varied courses in terms of graduation prospects for higher education as well as work options across numerous industries is certified management accounting.

Depending on the Certified Management Accountant specialisation opted for by the student, they will be able to find relevant jobs in their domain or find the appropriate course for further education. The scope of a Certified Management Accountant is quite vast whether a graduate chooses to work or study further.

Courses after Certified Management Accountant

Graduates of Certified Management Accountant programmes may choose to pursue graduate degrees after completing the certification. Depending on their area of specialisation in Certified Management Accountants, graduates have a wide range of possibilities to select from. Some options for graduates is listed below:

• MBA
• CA
• CFA
• FRM
• M.Phil
• M.Sc
• MA

Career Options after Certified Management Accountant

There are a number of employment domains that Certified Management Accountant graduates can join immediately after graduation. Certified Management Accountant is one of the most diverse courses in terms of employment opportunities for graduates. The list of career opportunities available to Certified Management Accountant graduates is as follows:

• Accountant: Accountancy is one of the most popular areas of recruitment for Certified Management Accountant graduates. By gathering, monitoring, and adjusting the company's financial information, an accountant assists firms in making important financial decisions. They are in charge of conducting financial audits, comparing bank statements, and guaranteeing the accuracy of financial records all year long.
• Auditing: Auditing is one of the most important roles in finance for any organisation, as it ensures that businesses remain under budget and function according to the annual POA. 
• CFO: A corporation or organisation's Chief Financial Officer is an executive who has been given primary responsibility for managing the finances of the business, including financial planning, risk management, record-keeping, and financial reporting.

Government Jobs for Certified Management Accountant Graduates

Certified Management Accountant Salary in India varies with the experience and job position. This valuation depends on the specialisation option of the aspirant, his or her sector of employment, job profile, diligence, and dedication at the workplace as well as the seniority and experience of the aspirant.

Graduates of Certified Management Accountant courses can find employment in the public sector as well. Due to the versatility of the education, Certified Management Accountant students have access to employment prospects in a wide range of work roles. Graduates who work in certified management accounting often make between INR 2.5 and 3 LPA. The following are the job titles:

Source: Payscale

Private Jobs for Certified Management Accountant Graduates

Students who don’t wish to pursue a government job can build a career after Certified Management Accountants in the private sector. The job opportunities for Certified Management Accountant students in the private sector are endless. The average Certified Management Accountant job salary for graduates is around INR 2.5 - 3 LPA. The Certified Management Accountant job designations include:

Source: Payscale

Job Opportunities Abroad for Certified Management Accountant Graduates

Following certification in management accounting, graduates have several career prospects on the global labour market. Their training and knowledge are so specialised that there is a greater demand for such graduates than there is a supply of them. No matter their area of specialisation, any student can find work in a foreign nation because of the way the course is structured.

Top Companies for Certified Management Accountant Graduates

Below is a list of the top international companies that hire Certified Management Accountant Graduates:

• KPMG
• Meta
• Deloitte
• TCS
• London Stock Exchange

Best Countries for Certified Management Accountant Graduates

Below is the list of top countries offering job opportunities to Certified Management Accountant Graduates:

• Germany
• Hong Kong
• USA
• United Kingdom
• Singapore
• Australia
• UAE

Various Career Designations Abroad for Certified Management Accountant Graduates

Here is the list of exciting job roles that attract Certified Management Accountant graduates to work abroad:

• Accountant
• Auditor
• Accounts Executive
• Finance Manager
• Wealth Manager
• Asset Manager
• Analyst
• Consultant

Famous Certified Management Accountant

There are many graduates in the field who have become famous for their contributions. Some of such famous personalities are listed below:

• Sue Hohenleitner
• Ryohei Yanagi
• Rebecca Zhu
• Christian Cuzick
• Ashley Gibson