What are the benefits of taking CMA coaching classes?
Yes, of course. In order to gain an All India first rank in the CMA exams, you need coaching. The best teachers are at your disposal when you study at a good CMA coaching institute.
Nemani ClassesJaipur institute is also available to you. Furthermore, we conduct regular mock tests and provide students with individualized guidance.
The results of the CMA
It will take forty days or six weeks for students to receive their exam results. There will be a release of the results on the website of the ICMAI. It is also necessary to score 360 out of 500 on the CMA Exam to pass.
To check the results, follow these steps:
- The official website of ICMAI has a section for examinations.
- The “Results” tab can be found on the left side of the screen as you scroll down. It’s there for you to click.
- The appropriate link will appear.
- Once the results are available, you can check them.
CMA Pass Percentage
Exam for certified management accountants | Percentage of students passing |
Foundation for CMA | It is 14.75 % |
Intermediate Group 1 of the CMA | 18.56% |
Group 2 of the CMA Intermediate Program | 40.05 percent |
CMA Intermediate (passed in one group) | 9.54% |
Intermediate CMA (pass both groups) | 18.53 percent |
3rd CMA Final Group | It is 13.8% |
Group 4 of CMA | A 28.27 percent |
In one group, CMA Final (pass) | In 14.48 percent |
Passing both groups of the CMA Final | 15.79% |
What are the benefits of taking the CMA course?
In India, pursuing the CMA course & receiving its certification has 5 major benefits:
1. A high potential for growth
CMA is a management-level certification that offers numerous advancement opportunities. In addition to overseeing the accounts and accounting, a CMA certification indicates additional responsibilities.
2. Packages of well-paying salaries
CMA certification allows you to earn more money than other applicants. Since CMAs earn experience faster, they advance to management positions faster. As a result of their high market demand, they will receive a higher pay raise even if they switch companies.
3. Global opportunities
There is a worldwide significance to CMA accreditation. There’s a good chance you’re a graduate in your country with a great career. You will need a CMA certification, however, if you want to find employment in another country. There is global recognition and respect for CMA certifications. They should apply to countries where they can earn a good salary and gain experience in their field.
4. There is great demand for CMAs.
The CMA demonstrates a high level of proficiency in Accounting, as well as other areas of the business. Because of this, they are highly sought after by multinational corporations.
5. Business & Accounting Knowledge
Due to the curriculum’s emphasis on both business and accounting, CMA graduates are knowledgeable about both fields. This certification teaches applicants how to distinguish between accounting and profitable and economical accounting. CMA certification will enhance your business appeal.
Now, let us tell you some objections to pursuing the CMA course:
- Clearing the CMA exams is difficult. For students to succeed in the Cost and Management Accountancy course, they must study very hard.
- CMA courses last for a long time. For many students, the CMA exam is one of the most challenging exams they will ever take.
- The course is very expensive. Also, becoming a Cost and Management Accountant is expensive. A lot of money will also be spent on study materials, coaching, and transportation in addition to registration and exam fees.
In India, the average salary for a cost and management accountant is
A career in cost management accounting can be very lucrative in India. As a fresher, CMAs typically start between 4-5 lacs. A CMA with adequate experience usually earns between 10-12 lacs per year. A CMA’s salary depends on several factors, including his or her role, location, and experience. On ambition box and glassdoor, the following table highlights the average, highest, and lowest salaries of CMA in India.
Salary at the lowest level | 4 lakhs of Indian rupees |
The highest salary | 50 lakhs INR |
The average salary | 6.5 lacs in Indian rupees |