Posts: 14
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Joined: Jun 2013
what is the difference between CIMA and CMA examinations ?
Posts: 598
Threads: 286
Joined: Sep 2012
Both examinations similar to the membership in Institute of Cost Accountants of India.  CIMA ia UK based and CMA is  US based institutes.  but for both examinations  you can study  and write examination  from India itself.
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Joined: Sep 2017
I think joining in these exams are not good. One of my friend is struggling to find a job after CIMA... There are a lot of fromalities it seems
Posts: 25
Threads: 2
Joined: Jan 2018
CIMA and CMA both sound the same but there are huge differences between them, they may look similar, but they are still different.
Certified Management Accountant(CMA) :- This is a USA based certification, over the past years CMA has been growing and spreading its global presence and it is now well know everywhere.
Chartered Institute of Management Accountant (CIMA) :- This is recognised in many countries especially those in the UK and commonwealth.
which is better?
CMA certification is good for management professionals who are looking for enhancing their knowledge and skills in the financial management fields. This course prepares a professional skills in the area of financial planning, analysis, control, decision support, and etc.
Whereas CIMA gives knowledge and vision into how different areas of accounting is related to the business world. This accounting qualification is most relevant to the current trends of the industry, and it helps candidates to unleash their talent and accelerate their career in the business field.
So, the benefits differ based on your preference of field that you want to work in and build skills around, hence it is difficult to justify which certification is better as both of them provide people with different goals.
