CMA Profession For All
The accounting and finance qualification is in great demand across the corporate
world due to emergence of corporate governance and issues related to better custodians
of public wealth. The post-graduate certification in Accounting with specialization
in the field of Management Accounting is beneficial both as basic and additional
qualification and surely, provides uninterrupted future career success. This professional
qualification is useful / beneficial for students having different academic qualifications
as follows:
Commerce / Business Administration Students
Professional education of ICMA International is helpful for commerce students to develop
career in Accounting and Finance for which they have already set base in their academic
studies. The education at ICMA International will provide advanced and in-depth knowledge
of various subjects at undergraduate and postgraduate level so they may start their
professional career better than simply master degree holders.
Science / Arts Students
With the economic development of the country, the commercial activity increases
which resulted in creation of employment. As every business activity needs finance
and accounting as core function, therefore, qualification in this filed facilitates
better job prospects and quick entry to the practical field. Further, knowledge
of accounting and finance helps science students to excel in their career e.g.,
science students in advance stage of their career, may require financial management
skills to prepare budget and forecasts, managing cash inflows and outflows, etc
for their department. The accounting and finance skills assist such professionals
to reach to top management positions including heading their own departments of
technical nature. Further, accounting and finance has close relationship with logics
and mathematics. It is observed that students with mathematical background find
accounting and finance related courses more convenient to study as compared to any
other professional.
Human Resource Professionals
Human Resource (HR) and Training & Development are emerging areas. The knowledge
of accounting and finance helps HR professionals to have better understanding of
payroll, compensation and reward management, while ensuring cost and benefit analysis
(CBA). It will facilitate them to prepare better projections about organization's
financial liability to manage human resources. With regard to training and development,
professionals dealing in this area need skills to prepare financial feasibility,
income statements, etc to launch and conclude training programmes.
Engineering Professionals
The postgraduate professional certification helps Engineers to prepare various estimates
and costing for the feasibility of engineering projects. It is important for Engineers
to precisely enumerate cost and financial elements so as properly undertake and
plan engineering assignments such as construction, repair and maintenance, unit
installation, etc. The widely used project management software requires knowledge
of different cost behaviors to effectively operate and utilize for engineering related
tasks in particular and other projects in general.
Master Degree Holders / Post Graduate Qualification
It is a universal phenomenon that professional qualification provides a route to
join a forum of experts. By acquiring postgraduate certification in Management Accounting,
post-graduates will have the privilege of dual qualification, which gives boost
to their professional career. The qualification will not only add value to existing
profiles but also equip them with financial management skills which are a gateway
to reach to highest cadre of management level including heading the department.
The education and ICMA International certification will develop abilities to head related
departments / functions effectively while remaining focused on their key competencies
i.e., engineering, human resources, production, etc. The exemptions offered to various
Master degree holders also facilitates such post graduates to acquire the qualification
in lesser time period.
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