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CMA India vs CMA USA vs ACCA | Ledgergate CMA Academy | CMA (USA) Coaching Center Kerala
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ACCA
To become an ACCA, you must complete 14 papers on two different levels. This includes 9 Fundamental level papers and 5 Professional level papers. As I mentioned above, depending on your background, you may be eligible for exemption from some or all of the Fundamental papers. Some of the papers are computerized; however, not all of them are.
CMA(USA)
To earn your designation, you must pass two exams:
Financial Report, Planning, Performance, and Control
Financial Decision Making
Both parts of the exam are computerized, and you take them at a Prometric Testing facility. Each exam is 4 hours in length total. Candidates are allotted a total of three hours for 100 multiple choice questions, in addition to thirty minutes for each of the two essays.
To be able to move on to the essay questions, you must have passed the first part with at least a 50% score.
ACCA vs. CMA Salary
When it comes to salary, the CMA cannot be beaten. According to ACCA Global, the average annual salary for an ACCA trainee is approximately £19,300, which is roughly $27,482US. Partly qualified ACCAs earn around £25,800, and finalists receive an average of £30,700 annually. This is approximately $36,737USD and $43,715USD, respectively.
On the other hand, the average CMA commands $115,763 as of 2015, and that salary continues to climb. Even at the ACCAs highest level, the average CMA earns over 60% more.
Which is Right for You?
When it comes to a designation, it depends on two factors here, where you want to work and how much income you want to make. Both designations are well respected and growing in global recognition, but the facts remain the same. If you want to work in the United Kingdom or a Commonwealth country, the ACCA may be a better choice. If you prefer to live and work in the Middle East, Asia, or in the Americas and earn a higher salary, then there is no question; the CMA is right for you.
There is no right or wrong answer, though. Only you can choose if the ACCA vs. CMA is right for you.
For Information
Ledgergate CMA Academy Calicut
Phone-9567222333
To become an ACCA, you must complete 14 papers on two different levels. This includes 9 Fundamental level papers and 5 Professional level papers. As I mentioned above, depending on your background, you may be eligible for exemption from some or all of the Fundamental papers. Some of the papers are computerized; however, not all of them are.
CMA(USA)
To earn your designation, you must pass two exams:
Financial Report, Planning, Performance, and Control
Financial Decision Making
Both parts of the exam are computerized, and you take them at a Prometric Testing facility. Each exam is 4 hours in length total. Candidates are allotted a total of three hours for 100 multiple choice questions, in addition to thirty minutes for each of the two essays.
To be able to move on to the essay questions, you must have passed the first part with at least a 50% score.
ACCA vs. CMA Salary
When it comes to salary, the CMA cannot be beaten. According to ACCA Global, the average annual salary for an ACCA trainee is approximately £19,300, which is roughly $27,482US. Partly qualified ACCAs earn around £25,800, and finalists receive an average of £30,700 annually. This is approximately $36,737USD and $43,715USD, respectively.
On the other hand, the average CMA commands $115,763 as of 2015, and that salary continues to climb. Even at the ACCAs highest level, the average CMA earns over 60% more.
Which is Right for You?
When it comes to a designation, it depends on two factors here, where you want to work and how much income you want to make. Both designations are well respected and growing in global recognition, but the facts remain the same. If you want to work in the United Kingdom or a Commonwealth country, the ACCA may be a better choice. If you prefer to live and work in the Middle East, Asia, or in the Americas and earn a higher salary, then there is no question; the CMA is right for you.
There is no right or wrong answer, though. Only you can choose if the ACCA vs. CMA is right for you.
For Information
Ledgergate CMA Academy Calicut
Phone-9567222333
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