CMA the Certified Management Accountant salary ranges in experience level and geographical location. The CMA salary in India is also significantly higher than your Indian CMA counterparts for those possessing the global qualification and it can even put them in high-paying positions. CMA salary potential grows with experience and provides lucrative packages both domestically and internationally. The average salary of CMA in India generally lies between ₹6–10 LPA and freshers are offered at around ₹40,000 per month. Whether discussing CMA average salary or CMA starting salary, this qualification presents rewarding opportunities in high growth financial and accounting careers.
CMA Full Form and Scope
The CMA salary is the pay earned by an individual who has passed the CMA (Certified Management Accountant) exam. There are two main types:
- CMA India: It is provided by the Institute of Cost Accountants of India (ICMAI).
- CMA USA: Chartered Accountant from the Institute of Management Accountants, USA.
Both programs include a curriculum in cost management, finance, budgeting and strategy. These capabilities are especially cherished in the modern business landscape.
Job Roles After CMA
Once you are CMA, your career options include:
- Cost Accountant
- Financial Analyst
- Management Accountant
- Budget Analyst
- Internal Auditor
- Financial Controller
These are good-paying jobs, they grow over time.
US CMA Salary in India
The US CMA salary in India is very lucrative. Indian companies are now recruiting US CMAs in a big way due their robust skills of financial planning, analysis, control and decision making.
CMA Average Salary in India
The cma average salary in India is 6 to 10 lakhs. But all this also varies a lot by things like the size of the company, the industry, the city and your level of experience. The CMA starting salary would be not less than ₹4 to ₹6 lakhs per annum for freshers who has completed their CMA certification.
Factors Affecting CMA Salary in India
Here are some key factors that affect what you can expect to make:
- Experience: The more, the better, and the more you get paid for it.
- City: Salaries are higher in metro cities such as Mumbai, Delhi and Bangalore.
- Industry: Banking, consulting and IT have high-paying jobs.
- Role: Financial Analyst, cost accountant and FP&A Analyst roles management pay higher.
Job Role | Experience | Average Salary (INR) |
Cost Accountant | 0-2 Years | ₹4 – ₹6 Lakhs |
Financial Analyst | 2-5 Years | ₹6 – ₹9 Lakhs |
Finance Manager | 5-10 Years | ₹10 – ₹15 Lakhs |
CFO/Senior Roles | 10+ Years | ₹20+ Lakhs |
This means that cma us salary in India grows with time and your career growth is on the right scale with this certification.
US CMA Salary Globally
Now let’s check how much you will get paid after doing CMA. The US CMA salary in different countries is higher compared to those holding other certifications like the CPA and CFA due to the skill set that it offers.
US CMA Salary in the US and UAE
In the US, the salary of a CMA is around $80,000 to $100,000 a year. It goes up with experience, with function. This shows that CMA USA salary is decent than most of other finance professionals.
The CMA salary in Dubai or UAE is also attractive. You can get AED 15,000 to AED 25,000 monthly. This, of course, varies depending on your level of job and company. Dubai has a huge number of MNCs and other international companies, and it’s a fairly easy place to find yourself in if you have a US CMA.
Country | Monthly Salary (USD Equivalent) |
USA | $6,500 – $8,000 |
UAE (Dubai) | $4,000 – $6,800 |
Canada | $5,500 – $7,000 |
India | $600 – $1,200 |
As in the table you can see that if you work in abroad after US CMA so this is also best source of income and career.
CMA Salary Per Month in India and Other Countries
Whether you are planning your budget or just want to know how much you will owe monthly, this page will be useful to you. The CMA salary per month in India is approximately 50,000 to 90,000 INR depending on your level of job. If you are working in metro cities or in an MNC, it can increase up to ₹1 lakh, or even more.
Outland the monthly is much more because of currency difference. In fact in US, you can earn $7,000(6,500, but rounded off to 7k) a month which is more than 5 lakhs in India.
Here’s a monthly breakdown:
Country | Monthly Pay (Local Currency) | Monthly Pay (INR) |
India | ₹50,000 – ₹90,000 | ₹50,000 – ₹90,000 |
USA | $6,500 – $8,000 | ₹5,00,000 – ₹6,50,000 |
UAE | AED 15,000 – 25,000 | ₹3,40,000 – ₹5,60,000 |
This explains that cma us salary in india is good, but but reaches the roof top when you work outside India.
Career Growth and Job Roles After CMA
Career Opportunities after CMA USA paves way for the broad spectrum of career opportunities, not only in India, but globally as well. This credential shows your proficiency in financial planning, analysis and decision-making. They would like to hire CMA USA for senior positions as companies offer international standard training. Once you finish the CMA USA course, you can advance your career by becoming a financial analyst, cost manager, or CFO. Not only is there the certification to consider but also, your odds of handling MNCs, Big 4, and other global firms increase. As you gain experience, you can work your way up into senior management and leadership roles. One of the biggest advantages of pursuing CMA USA is the vast job opportunities. You can work in:
- Accounting firms
- Banks
- Financial consultancies
- MNCs and tech companies
- Shared services and BPOs
Common Job Roles After CMA
- Cost Accountant
- Financial Analyst
- Business Analyst
- FP&A Manager
- Finance Controller
- CFO
Your salary is increasing as you progress in your role. This is why, average salary of cma in india increases with experience, job title. Many Indian students prefer now to go to the USA route of CMA to settle abroad or gain senior positions in India. It is quick and cheap as compared to other courses i.e., MBA, CFA.
CMA Starting Salary and Freshers’ Scope
Students often ask me what kind of a salary they would be able to command immediately after completing the CMA course. Fortunately, the CMA starting salary is pretty good for fresh grads too. If you have done CMA India or CMA USA, you can get jobs with a decent salary, good learning and career growth. CMAs are hired by corporations because they have the right skill set in terms of cost control, budgeting and financial reporting. The freshers are employed in banks, MNCs, manufacturing industries, IT companies and government organizations. This implies that, as wide open, the playing field is in the CMA age.
CMA Starting Salary in India
If you are a fresher in India, You will get your one month CMA salary in between ₹35,000 to ₹55,000. That means in your first job you can earn between ₹4.2 to ₹6.6 lakhs per year. Few of the top companies also pay 7–8 lpa if you clear interviews well or through campus placements.
Here are some companies that may offer you a job:
- Tata Steel
- Infosys
- Wipro
- ITC
- Larsen & Toubro
- BHEL
- Deloitte
Wages for CMAs in Govt and PSU’s In government & PSU sectors CMA fresher will get fixed Salary which is generally is in range of INR 50,000 per month (with other allowance DA, HRA, EPF and Pension).
CMA Starting Salary Globally
CMA salary at entry for freshers is quite more as compared to the other accounting certifications as CMA is recognized globally. Demand for CMAs is high in the USA, Middle East, Europe, and other parts of the world in high earning finance and accounting positions.
Country/Region | Average Starting Salary (Per Year) | Common Job Roles for CMA Freshers |
US | $55,000 – $70,000 | Financial Analyst, Cost Accountant, Management Accountant |
Canada | CAD 50,000 – CAD 65,000 | Budget Analyst, Financial Planning Associate, Cost Controller |
Middle East (UAE, Saudi Arabia, Qatar) | $30,000 – $45,000 | Financial Analyst, Internal Auditor, Cost Accountant |
Europe (UK, Germany, Netherlands) | €35,000 – €50,000 | Assistant Finance Manager, Treasury Analyst, Junior Financial Advisor |
Australia | AUD 60,000 – AUD 75,000 | Junior Financial Controller, Business Analyst, Management Accountant |
Growth Scope for US CMA Freshers
The learning doesn’t end when you land your first job. The following credentials that can help bolster your salary and position:
- On-the-job experience
- ERP tools like SAP and Oracle
- High proficiency with Excel and data analysis
- Additional certifications in finance, or analytics
In 2–3 years, You can go from an analyst to manager level. Yes, the CMA starting salary is part of the equation on your path to a long, successful career in finance.
CMA Salary FAQs
1. What is the highest paid CMA?
CMA USA has very high pay than CMA India. Accepted internationally and provides high remuneration in MNCs.
2. Is CMA USA better than CA?
CMA USA is preferable for those seeking global roles in finance and management. So if you are looking for a career in taxation and audit within India, it’s better go for CA.
3. Is CMA in demand in the USA?
Yes, CMA is great demand in USA. Most companies seek CMA-trained professionals in financial planning and decision-making positions.
4. How much package is offered after USA CMA?
The average package in India stands between ₹8- ₹12 lakhs per annum. Depending on the USA, it can be $90,000 per year or more.
5. Who earns more, CA or CMA?
CAs’ Salary is more as compared to CMAs in India. However, US CMAs abroad make more than Indian CAs.