Overview Of CMA Training in Dubai
Businesses today are coping with the intense competition led by the global economy. Companies across the world are demanding excellence in financial management and complex accounting skills that can help them take strategic financial decisions. Market-disrupting technologies are creating a need for talent that is premeditated and skilled. So, Certified Management Accountant (CMA) is playing an imperative role in handling complex financial challenges and helping businesses achieve more strategically.
Why is the CMA Course Important?
Going by the latest trends from popular online recruitment websites, CMAs are in high demand. According to a report, around the world, the demand for CMAs rose over 45% in March 2020. Once achieved, CMA is one of the most reputed designations that accounting and finance people enjoy. The job profile of CMAs is nothing less than a lucrative challenge. CMAs are specialized in advanced technologies, costing strategies, business management, allocation, and management of funds.
Why You Should Get Certified in CMA?
CMAs or Certified Management Accountants are highly sought after by finance, accounting, and other business firms of all scales in Dubai. The CMA certification is an excellent addition to anyone who is working in finance or accountant niches. Moreover, CMAs make 64% more than their non-certified peers. On average a CMA makes over 2,50,000 AED annually. Accounting professionals must leverage the potential of CMA.
CMA Course Outcomes & Professional Benefits
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Widens career scope
With a professional designation such as CMA before your name, you can unlock a plethora of opportunities for yourself and make your career versatile.
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Professional advancement
By obtaining a CMA certification you can boost your professional outlook as being a CMA solidifies your status of being a versatile and experienced accountant.
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Develops critical skill sets
The CMA certification will help you develop critical skill sets in accounting and finance.
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International acclaim
The CMA certification is one of the few certifications that transcend borders. CMA is the global benchmark for management accountants and finance professionals.
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Increases credibility
The qualification speaks for the credibility of the individual and candidates with CMA enjoy the freedom to work at the location of their choice.
CMA Career Path & Opportunities
Going for the CMA certification is a great career move and will help you stand out from the rest of the accountants. You can do both- corporate and public accounting, across different positions like planners, analysts, managers & auditors. The CMA certification helps you get a better entry-level position in various companies and opens doors for promotion. Some of the job roles that you can get after the completion of CMA are:
- Senior Accountant
- Chief Accountant
- Management Accountant
- Finance Manager
- Head of Finance
- Finance Analyst
- Financial Controller
- Chied Financial Officer
Industries looking for Certified Management Accountants:
Manufacturing
Finance&Insurance
Real estate
Mining
Oil & Gas
Utility services
Transportation
Construction
Prerequisites for CMA Course
- Should have a Bachelor’s degree from any stream except arts.
- Grade 12, Graduates & Post-Graduates
- A student who is in the final year of the Bachelor’s program may also pursue but requires 2 years of relevant experience along with a degree to obtain certification.
CMA Course Modules
- CMA Part 1: Financial Planning, Performance
- 15% External Financial Reporting Decisions
- 20% Planning, Budgeting, and Forecasting
- 20% Performance Management
- 15% Cost Management
- 15% Internal Controls
- 15% Technology and Analytics
- CMA Part 2: Strategic Financial Management
- 20% Financial Statement Analysis
- 20% Corporate Finance
- 25% Decision Analysis
- 10% Risk Management
- 10% Investment Decisions
- 15% Professional Ethics
How to Get CMA Certified?
Review & Ratings
FAQs
The Certified Management Accountant (CMA) is a professional certification credential in the management accounting and financial management fields.
Yes, you can do CMA after ACCA. Both ACCA and CMA offer comprehensive curriculums. Having both certifications help you cater to technical as well as management aspects of Finance.
As a CMA, you can understand business, accounts, and finance better. Not just that, CMAs get promoted to the top positions of the companies. There are many CMAs who are now CFOs of their companies. CMA training in Dubai can help you establish your CMA career goals real quick.
During your CMA preparation and training, we don't offer placement assistance. However, Edoxi helps you in every essential way by bringing rich knowledge and study content to you.
Earning a CMA title requires a thorough and diligent knowledge of various management accounting processes. Putting these skills into practice will grant you transferable skills. As a result, an elevated role often translates into higher earning potential.
- Cost management
- Corporate finance
- Decision analysis
- Financial statement analysis
- Internal control