Many of us want to pursue the CMA certification for a brighter future and promising career path.
With that in mind, I did some research on existing CMA careers by job nature and industry.
CMAs work in a wide variety of work places. 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 the CMA certification. The overall profile should be similar to that of the active CMAs alone.
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 specialize 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 in this group. CPAs, professors in the 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 /
|Casey: CFO of a
For CMA exam info, tips and updates, you are most welcome to join my free mini e-course. Join here or sign up directly below:
Join us if you want to get tips on how to plan,
study and pass your CMA exam… on your first attempt!
I am the author of How to Pass The CPA Exam (published by Wiley) and the publisher of this and several accounting professional exam prep sites.