Scope
In all, there are 70,000 members around the world and approximately 8,000 students appear for the exam every year. According to various surveys, the median total compensation of CMAs is 67% higher than that of Non-CMAs. Average salary for CMA fresher would be approximately 4-5 Lakhs INR, after two years it can reach upto 6-8 Lakhs INR depending upon the corporate and academic skills of the candidate.
Major Industries where the employability of CMAs are: MNCs, Consulting firms, Financial services, Investment Banking, etc.
Designation that will be offered to candidate after becoming CMA are: Cost Accountant, Internal Auditor, Budget Analyst, Financial Analyst, CFO, Controller, etc.
