IMA’s CMA® (Certified Management Accountant) certification is in high demand by professionals around the world. More than 3,500 professionals earned the CMA in fiscal year 2015 and more than 15,000 accounting and finance professionals entered
the CMA program. It is a globally recognized certification—a passport—that professionals can take with them from job to job and from country to country. It’s a valued, trusted certification that helps professionals progress in their careers and continue their education throughout their career. Earning the CMA means that you have passed a rigorous test, have met the education and experience requirements, and are committed to continuous learning. When I meet CMAs in my travels, I see two common themes: pride and aspiration.
CMAs take pride in knowing they add value to their company, whether they’re in Dallas, Dubai, or Shanghai and regardless of whether they work for a local company or a global brand. They recognize and embrace the credential’s integrity, rigor, and relevance. Earning the credential proves to employers your competency and expertise in management accounting and builds your personal brand.
I recently spoke about the CMA program at several IMA events in the Middle East. I was excited by the participants’ response and level of interest in the CMA credential. Many participants approached me after the session to learn more about enrolling in the program. This shows how the global recognition of the CMA has grown and continues to grow.
The CMA also helps change the lives of individuals both in terms of their career growth and their financial opportunities. Not only do CMAs earn more annual salary and compensation than their noncertified peers, but they’re also seen as well-respected business leaders who help shape the management accounting profession through their valuable knowledge and skill set. CMAs work in jobs that are interesting—analytical business partners supporting decisions that help organizations grow.
Professionals in the CMA program aspire to be Corporate Controllers, CFOs, and even CEOs of their companies, and they know that the CMA can advance their career. The CMA program is a career-long journey of continuous education, requiring CMAs to stay current on business trends and best practices in management accounting through earning continuing professional education (CPE) credits. Each year, CMAs are required to earn 30 CPE credits, including two in ethics training, to maintain the credential.
Enrich Your Career
Continuing education is vital for career progression. Therefore, earning specialized credentials, like the CMA, will help you advance your career and achieve your professional goals. Like a passport, the CMA opens up global opportunities, so get out there and expand your horizons.
Written by Dennis Whitney, CMA, CFM, CAE
Follow me on Twitter: @IMA_DWhitney
The Global Growth of the CMA – Strategic Finance