Knowledge Today, Impact Tomorrow

CMA (Certified Management Accountant) is a professional course offered by The Institute of Certified Management Accountants Australia (ICMA) which was set up to promote and regulate the Cost and Management Accountancy profession throughout the Globe.

1. A gateway to a more successful business career with higher earning potential, commanding a salary 28% greater than non-certified peers in Australia; and 56% more globally.
2. A variety of positions with titles from financial analyst and controller to vice president- finance and chief financial officer (CFO).
3. The potential for increases in salary, even during a difficult economic environment.
4. Greater credibility both domestically and abroad as a strategic advisor and business partner
5. A passport to a variety of businesses from multinational corporations to small and mid-size
firms operating in countries all over the world.
6. National & International networking

Yes, CMA is equivalent to any international degree and  is globally  recognized .

The ICMA was not formed as a body for members to apply for immigration to Australia. Instead, it was set up for already qualified accountants (CAs, CPAs, CIMA, ACCA etc.) to obtain post-graduate level specialisation in managerial accounting. As such, the institute does not enter into correspondence as to if CMA is a recognised qualification for purposes of migration requirements to Australia. It is aware, however, that some CMAs have obtained migration to Australia on a case-by-case basis.

The Australian government has appointed three migration assessment authorities for the accounting profession. The ICMA has had extensive correspondence with one of the bodies, Chartered Accountants of Australia and New Zealand (CAANZ) and has been assured in writing that any CMA with a degree accounting will be eligible to apply for migration assessment via CAANZ.

Please note that the ICMA’s Certified Management Accountant (CMA) credential has been assessed for equivalency on the New Zealand Qualifications Framework (NZQF) at the Level 9 (Master’s Degree) by the New Zealand Qualifications Authority (NZQA). Please refer to this when submitting your migration assessment application to CAANZ.

A CMA degree provides certification to work with international clients. The chances of getting a job in a multinational company increase however again it depends on the person’s objective to join CMA.