Many of us want to pursue the CMA certification for a brighter future and a promising career path.
With that in mind, I researched existing CMA careers by job nature and industry.
CMAs work in a wide variety of workplaces. For instance, CMAs work for family-run businesses, private firms, small and large publicly listed companies, and multinational corporations. In addition, you’ll also find CMAs in not-for-profit organizations, government offices, and academic institutions.
The following data includes all IMA members who may or may not be CMAs. However, one can safely assume that IMA members are at least those who are actively seeking CMA certification. The overall profile should be similar to that of the active CMAs alone.
Source: IMA
Manufacturing, finance, and business services represent more than 50% of the industries where CMAs are employed. These industries value professionals who can analyze the financial statement to improve the businesses’ operation and efficiency.
It is not surprising that almost half of IMA members work either in general accounting (23%) or finance (22%) in various industries. Those specializing in budgeting and planning and cost accounting represent 6-7% each.
Those in management positions find the CMA certification useful as well. Corporate management (10%) and general management (8%) represent a sizable portion of this group. CPAs, professors in academia, internal auditors, and information system specialists have a presence of ~ 4% in the group.
CMAs are employed by a vast number of different industries. Most of them work in general accounting and finance, but many also have management roles.
Amani: Financial analyst / part-time CMA lecturer |
Gavin: Accounting / IT Specialist |
Casey: CFO of a manufacturing company |
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