How I Passed CMA during Job? Salary After CMA? Job & Career after CMA
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- Опубликовано: 8 сен 2024
- Interview with a CMA Qualified Person: How to Pass CMA Exams While Working
In this interview, we speak with Mr. Mohammed Ali, a commerce graduate who recently qualified as a Cost and Management Accountant (CMA) from ICMA Pakistan. Mr. Ali shares his strategy for passing the CMA exams while working, the difficulties and technical skills problems he faced along the way, his salary package before and after qualifying as a CMA, and his advice for students and individuals who are considering pursuing professional qualifications like CMA, CA, and ACCA.
Key Points of the Interview
How to pass CMA exams while working: Mr. Ali suggests creating a study plan and sticking to it as much as possible. He also recommends finding a study partner or group to help you stay motivated. Additionally, he advises taking advantage of online resources and practice exams.
Difficulties and technical skills problems faced during his job: Mr. Ali faced some challenges at work due to his lack of experience. However, he was able to overcome these challenges by asking for help from his colleagues and superiors. Additionally, he made a conscious effort to learn new skills and technologies.
Salary package before and after qualifying as a CMA: Mr. Ali's salary package increased significantly after he qualified as a CMA. This is because CMAs are in high demand and are compensated well.
Should students go for professional qualifications like CMA, CA, and ACCA? Mr. Ali highly recommends pursuing professional qualifications like CMA, CA, and ACCA. These qualifications can help you get a better job and earn a higher salary.
Should students go for physical classes or online? Mr. Ali believes that online classes are a good option for students who are working or who live in remote areas. However, he also acknowledges that physical classes can be beneficial for students who need more structure and support.
What should students do if they are stuck in any exam? Mr. Ali advises students to take a break and come back to the exam later. He also recommends talking to a tutor or mentor to get help with the difficult topics.
Questions from Commerce Background Students
What are the benefits of pursuing a professional qualification like CMA?
What are the challenges of passing the CMA exams?
What are some tips for studying for the CMA exams while working?
What are some of the technical skills that CMAs need to have?
What are some of the job opportunities available to CMAs?
We hope this interview is helpful for students and individuals who are considering pursuing a professional qualification in accounting and finance. Good luck!
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#acca #accacoaching
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He is my friend. Yes he is exceptional. We always treat him differently. He is the one we count most.
Assalam Alaikum
Brother.
Can i have his number because i have just started CMA after bba through Dlp.but starting is looking little bit difficult. I just need guidence.
kindly help me with this.
I will be highly obliged.
Jo pehle ATA hai wo Salam krta hai so Assalamualaikum everyone 😊
Walaikum Salam everyone
Best video and the most relevant for me... I got the motivation which i wanted the most and I'm now going to attempt this digree.
Sir plz US CMA pe aik complete guidance video bnain
Pak se kese kr skty and scope fee etc
Impressive my friend ❤
السلام عليكم ورحمة الله وبركاته
Bhai , in mbl no tu send kr dain?
CMA (USA) pe aik video bnaye please
Best video from your side
Zabardast ❤️👍
Good video. Do a video on CIMA(UK) too if possible.
Great my friend 👍😊
Bro ML 1 ky bad job kr skte? Whats ur advice?
Fabolous❤❤❤
Cma k institute teacher ka bhi bta dyn
Rizq ka taluq tumari qabliyat sa nahe bulka raba ki ata ha. Baqi koshish krni chaye.
I am on wheel chair, after i complete my ca what type of job can i get as well as if i want to work in uk or eu countries, can i work there after doing ca in Pakistan, I am pre medical student, is ca easy for me, please guide me, I am in class 12th
Hello Qalab, I think I might be a little late in answering your question. But if you want to get jobs in countries like UK or EU then instead of CA or ACCA try ICAEW ACA if you can afford that and has like good grasp on the english language. Otherwise you can start with CA and after getting in the qualification you will be able to analyse/decide what you want to do better. ACCA is also a good option but I will make it clear for you that ACCA does not guarantee job in UK or Europe. Experience related to geographical location matters.
I would also like to add something, because of continuous advancement in AI, change in accountancy is happening and now more than making financial statements the requirement for the professionals has come to be in decision making and analysis of financial data. So CIMA or CMA are also good options. And I see them to be more lucrative in the future. But of course this change might take approximately a decade to happen.
@@eymun930 So here it is, CMA is a management course. It is like a field of business studies among many others. You basically have CA(Chartered Accountants) Where you study all kinds of fields in business from financial accounting to management accounting. ACCA is also a kind of CA, it is just an international organization so if you do ACCA in Pakistan or England you will be studying almost the same syllabus (Except for some papers which you shouldn't care about at the moment as you can study them even in Pakistan). So job market for ACCA is all around the world from England to UAE as compared to CA from ICAP (Pakistani CA) where you might feel difficulties or will have to pass the CA of that country (But if you have done CA from Pakistan you still can get many exemptions). Then in accountancy, there are many fields like auditor, financial account, management accountant, financial analyst, etc.
Now if we move on to CMA. First of all, you need to know that it is an American-based qualification. There is a UK variant of CMA which is known as CIMA. And if you are concerned then America also has its chartered accountancy body which is known as CPA and getting exceptions in it is really difficult, like if you have done ACCA then you just need to take max 3 exams in ICAEW (England's CA body) and some experience and you will become member of ICAEW. But for CPA of America, I am not familiar with any exemptions regarding it. So back to the point CMA mostly deals in management accounting so the roles you will get in the future will also mostly be related to it but you can get roles in other fields too (an example would be that after CIMA you can get full CPA Canada (Canadian CA) exemptions, your career would still mostly be in management accounting but if you try you can get jobs in other fields like consultancy, auditing etc).
(Just some side information - AICPA (kind of American CA) and CIMA have formed a strange kind of organisation together which is called Aicpa-CIMA collectively. By doing this they have increased the chances in which they can collaborate and they issue some certificates together and things like that. So if you search for CIMA or AICPA you will find the website of this collective organisation. Just telling you so you don't get confused if you search for CIMA online) .
At the end let's just discuss one more field which is Financial Analyst, it might seem familiar to Financial Accounting but it is different. One of the most important qualifications in this field are CFA. It is difficult, like for more candidates much more difficult than CA. So only think about it after completing your CMA or ACCA (ACCA is a UK-based organization).
Edit: Yes, one more thing if you have completed all the papers of ACCA you just need to pass the last level of CIMA (Think about it as CMA of England), the name of last level is the strategic level, there will be three exams in it and one case study. CIMA usually has 4 levels (officially 3 but one extra for those who are new to the accountancy field like you). So, there are at least 11 exemptions.
My last advice would be that if you ever decide to do CA from ICAP (Pakistani CA body) then think about that carefully before progressing as they are really making the situation difficult for their students. And honestly do not get admission in ICAP, rather that ACCA, CMA, or CIMA are much better.
So for your first question, if you are thinking of moving to America (like if you have someone who can sponsor you) then do CMA but if you are more inclined to places out of America then ACCA.
Regards!
ICMA karnay kay leya b com necessary ha ?ya FSC pre engineering kay baad start kar dain
FSc k baad start kar sakte hain… aapko total 18 papers dene hote hain. Graduation k baad aapko first 6 papers exempt hojate hain
ICMA after CA inter ager start karin to kitny papers exempt ho gy
3 paper
@@uzairanwar1347 B com kar k 6 exempt ho gy or CA inter kar k 3 🤔
7
Bs accounting and finance k baad kitny time me ho jay ga cma?
Alevels ke bad kitne papers exempt hote hain yeah scratch seh start karna paregeh
New teacher k pass jao to last wale sir k bhi notes parho
❤
Sir I from India best course mba vs cma
Sir MBA k baad kitny paper exampt hon gy
6 months mn 6 papers how's possible?
Why You Only Talk about Job? Why not Businessman?! why mostly CA are Nokar?!
Business k Liye parahai AIK Bewakoof hi karay ga
bro bussnies ma b type hoti hy agr ap big lvl pr business krna chty ho then you should have study about it @@smartknowledgepk
ACMA mai attendance zarori hai to job ky sath kaisy
Distance learning program bhi hai. yani online classes.
Kia presentations dyni hoti hen???
I think aap kisi university k education system se tang hain.😅
Is bhai ka koi no tu share kr dy!!
Yh bhai reply nhi krta 😂😂
Is CMA is good for girls
It's useless Mai bhi CMA gy thi just pass ya fail dety hai marks nhi hota is Mai
yes it is . if you are willing to do job and want to earn good income. then you should go for it.
to marks se aapko krna kia ha @@misbahilyas5967
It is good for patient student either girl or boy.
@@bushraamjad5873 can u do the job from home?? Or from somewhere near your house