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Here is Our Latest and Greatest Indian CMA Blogger: Vinoth

Indian CMA bloggerVinoth is our first Indian CMA blogger. He documents his CMA journey every Wednesday. This is his first post.

I am Vinoth Sairam from India currently living in Chennai. Let me introduce myself, why I choose CMA as my professional course, and how I find out which is the best institute for CMA coaching.

I am an MBA Finance graduate with a few years of experience in Finance and Accounting. Before MBA, I completed my B.Com (Bachelor of Commerce).

Since I am a person with a finance background, this MBA is not enough to compete in my current industry. So I have decided to do some professional course which will be useful for my career growth as well as for building my knowledge in my field.

If you take a professional course in India, most people would say CA (Chartered Accountant) or ICWA (cost and work accountant). But doing this course amid my working schedule would be quite tough to do. Also, it is not possible for someone with my background to go through Article ship and CC writing. I won’t say it’s impossible, but it is a bit difficult in the industry I am working in.

So I have decided to look for some courses that will give professional accreditation as well as enhance my knowledge base. In this case I come to know that CMA is one of the best courses: it will provide professional accreditation; at the same time, the level of subject knowledge covered in the syllabus is superb.

Also, the way of approaching exam and study methodology is easily adaptable to this generation. Compared to other courses, IMA provides more flexibility in having testing centers all over the world except for a few countries.

In conclusion, I have decided to go for CMA for the below-mentioned reasons:

  1. Global value for certification;
  2. In-depth subject knowledge;
  3. Flexibility in exams/studies approach.

We can talk a lot at this point, but I have highlighted the ones that are most important in my opinion

About the Author Vinoth

Dear readers, I am from India and currently studying for the CMA exam from my home country. I chose CMA (vs other qualifications) as I work in a multinational corporation that values this global certification. After passing Part 1 exam in the Sep/Oct 2014 testing window, I had to postpone Part 2 until Sep 2015 due to heavy commitment in work and family. Finally got the good news in Nov. Thanks for reading!

  • Ram says:

    Hi Vinoth,

    Am also from chennai.. I would like to contact you to enquire about CMA coaching classes. Please share me your mail id or phone number to my mail sayhi2ram[@]gmail.com

    Thanks
    Ram

  • jayprakash says:

    hi sir after comltng CMA is there good chances for good job

    • Stephanie Ng says:

      Hello, Vinoth may have other ideas, but to me I would say that the CMA (or any other) qualification cannot guarantee jobs. It helps to a certain degree, especially if your profile and experience itself fits what the company is looking for. In short, getting a job is a lot more than a cert or diploma. It requires relevant prior experience, good resume, and good interview skills, and definitely some luck. Good networking skills help a lot too.

  • Nisha says:

    hi i am a bcom graduate from india, now residing in dubai. i was working for 2 and half years, currently a stay at home mom, i want to continue my higher studies and purs fue my career… plz suggest if i can do this program?

    • Stephanie Ng says:

      Hi Nisha, Vinoth is busy studying for his Part 2 these days, so let me reply. First of all, this is definitely something you can handle as the study is flexible and you only need to complete two parts of the exam within 3 years.

      The other more important factor, in my opinion, is whether you can make the best use of this certification. Vinoth works in India, in a big multi-national corporation. This makes a lot of sense for him to pursue CMA. IF this is also what you aspire to do, that’s great. However, if you plan to work in local small and medium sized companies, the benefit is not as obvious because you boss may not appreciate it as much, or he/she doesn’t even know what it is. So this is something you’d like to think over.

      If you have any questions please leave a note here or any comment box on this site. Cheers, Stephanie

  • ASHOK SHARMA says:

    hi mr.vinoth i am from india i am student of b.com final year and hoping for cma-usa next year .am i eligible for it ?{no experience}i was also interested to know about difficulty of course. how do you secured a job in mnc by qualifying only one part in cma? can i immediately ecure a job after my completion of cma? thank u bro

    • Stephanie Ng says:

      Hi Ashok, I will reply to the first part of your question first. You don’t need experience to sit for the exam. As long as you have a bachelor degree or are working towards one (your case), it’s fine. So yes you should be able to take it and also enjoy the student discount while at school. Regards, Stephanie

  • Dilip says:

    Hi Vinod sir, this is Dilip from chennai I’m also planning to do cma but I have a doubt about cma USA because cma is 6months course so what can I learn in during 6months? What is difference between cima uk and cma USA

  • Shyam says:

    Hi Sir,

    I am a B.com graduate and have one year of experience in bank. But I resigned and got a gap of 1 and a half years. So my doubt is, am I eligible to do the course? and secondly, can i get a good job after completion of CMA?

    • Stephanie Ng says:

      Hi Shyam, you should be eligible with a BCOM degree. You don’t necessarily study this on a full time basis as most candidates prepare with a full time job. Therefore, if you have a good job opportunity coming up, it’s a good idea to take that up anyway.

      On your second question, we can’t generalize because CMA title is only a small part of job hunting success. Your previous experience, the quality of your resume/CV and your ability to interview well is more important in my opinion. The qualification helps, but it can’t guarantee a job. Hope it helps! Stephanie

  • imran says:

    Hi
    I am a chemical engr and working in oil and gas sector. would CMA certification help in my career progression? My objective is to get some financial knowledge know how.

    • Stephanie Ng says:

      Hi Imran, if you can find a position where you can merge the two skills, e.g. project manager requiring analytical skills, then yes, it would be great. But taking this exam without accounting and/or finance knowledge is exceedingly difficult to pass. You may want to borrow an intro to accounting, just to get a feel of it first. Regards, Stephanie

  • Rohith says:

    Hi Vinodh,
    I am rohith from Chennai working in us MNC named cognizant.I completed my b.com and working on IT in the above MNC.I would like to pursue CMA (Ima) to settle in USA as I am already working in us MNC .Is it possible to work in USA with this MNC by internal transfer after passing CMA or i need to fulfill experience too.please reply.thanks in advance.

    • Stephanie Ng says:

      Hi Rohith, internal transfer is a good way to pave your way to eventually work and live in the US, but I don’t necessarily need the CMA title. It helps, but it won’t guarantee you an opportunity abroad. I would say your performance and whether space is available in the US are two of the most important factors for the internal transfer. Regards, Stephanie

  • Dilip says:

    Hi vinoth i having lots of doubts between cma USA and cima uk courses.which one is good in future development so I need to talk with you.shall I Talk with you on telephone or mail .Because of I have to take a good advice from you.can you able send a phone number into my mail .my mail id is p.v.dilip1995[@]gmail.com.im waiting for your positive reply….

  • Rachana says:

    I am doing mba in finance.I want to work at a public sector bank.Will CMA be helpfull for my job and internal promotions?Will it serve as an added advantage for promotions along with my mba? Will i be certified after working 2 years at bank?? do we need practical experience after passing the CMA exam?? are there any exemptions in subjects?

    • Stephanie Ng says:

      Hi Rachana,
      Generally (and in my own opinion), CMA is not as valued in service companies such as banks. Since you read Vinoth’s blog, I assume that you work/live in India. I am not sure but sounds like CMA isn’t particular recognized in India public sector? Just my opinion though. You may want to do more research locally. Regards, Stephanie

  • Akbar Mohammed says:

    I am currently working out of Hyderabad as a Manager – FP&A in a MNC, desperate to pursue CMA, wanted to double check if I can purse along with my full time job, what would be the time and effort required to pass out?

    What would be the level of effort on studies, as I would have time only on weekends ? Please advice?

    • Stephanie Ng says:

      Hi Akbar, the vast majority of candidates I know (in the US at least) study with a full time job. The exam is also designed for people to study on the side, either with as full time professional or student. So nothing to worry about. If you can dedicate most of your weekends (Sat and Sun), it is very doable. Regards, Stephanie

  • kinsey walia says:

    hi stephanie
    i have done my b.com and also cleared my c.a inter exam of india and now i am on a break from my ca finals. i want to pursue cma course and want to start with it as soon as possible so i can give my exams in the latest schedule. will you please guide me on the whole process and from where i will be able to start my study as i want to do that from my home.

  • Manjeet says:

    Hello Stephanie,

    I am Manjeet, having 9 plus years of experience in a multinational IT company as a business analyst for banking industry. I have anyway started my CMA studies, but just wanted understand how much do you think as an expert CMA would help me in enhancing my career. I understand that it is little late to ask the question now as I have already started 🙂 but would be curious to know.

    Many thanks in advance !

    Manjeet

    • Stephanie Ng says:

      Hi Manjeet, it’s a very valid question, I am glad you asked! It really depends on where you work, in terms of country and the type of companies. Multinationals are great to start with, but it also depends if you have CMAs in your senior management. It helps a lot if there is, you know.

      In terms of countries, I know our blogger Amani got an immediate promotion right after getting her CMA. A few readers told me their similar good news. But I am sure some gets nothing (immediate) after the certification, but later on down the road. One should also take full advantage of being a CMA cert holder. For example, getting involved in the local IMA chapter. That’s an excellent networking place and the senior members there can totally invite you to their boards, be adjunct professors and other interesting career opportunities.

      Hope it helps!
      This post elaborates more on what I said above: https://ipassthecmaexam.com/cma-title-for-career/

  • ahmedali says:

    hello
    how please tell me how to do cma from hyderabad india and cn i do it after completeing my bcom ?

  • Harika Sombhatla says:

    Hi Stephanie,
    Your blog posts and mini-course have helped me a lot to clear major confusions.You’re doing an amazing job!
    I’m a 21 year old, Mumbai-based ,pursuing CA from ICAI. I have completed three years of articleship training already. I need a course to do post-CA.
    Any Taxation, Management or Accountancy course would do so as to make me stand-out of the crowd.I would like to work in Corporates and then plan to open my own enterprise OR move abroad if God permits.Please suggest a relevant course which would surely add weight to my Resume and set me on to the right track!

    • Stephanie Ng says:

      Hi Harika, thanks for your note. I am glad you find the site helpful! I can only provide suggestions on either working for multinational corporations or working abroad. With a MBA and CA, I don’t think you need further education or qualifications. Instead, it is better to get actual experience — something to show people that you can actually perform in real life vs on paper only. I understand it is important to get advanced degrees or courses to get a good job in India, but in the US and many other countries, it is actual experience that counts more, especially if you’ve already got an advanced degree. Hope it helps! Stephanie

  • Suresh says:

    Hi,
    This is Suresh from India I’m working in India
    But US accounting and taxation only
    I’m planning to take CMA course
    Anyone have study materials for both parts
    If you have place contact
    Cell : XXX
    email : XXX

    Regards
    Suresh

    • Stephanie Ng says:

      Suresh, I do not encourage copying / sharing review materials without the providers’ permission. Therefore, I am going to delete your contact details. Hope you understand. Regards, Stephanie

  • Sarath says:

    Hello Stephanie,
    I am a first year B.Com student from Kerala. I am interested in the CMA course but I wanted to know whether I will be able to fo it while working i.e will I have leave my job for things like Articleship as in Indian CA?
    Thanks,
    Sarath ?

    • Stephanie Ng says:

      Hi Sarath,
      No you don’t need to take leave as this program is designed for full time professionals. The vast majority of candidates I know take the exam while having full time jobs.

  • SANGITA CHAUDHARY says:

    Hello Stephanie,
    I completed my B.Com(hons) in 2003 and C S ( executive) in 2012 and working as equity and derivative dealers since last 11 years. I m 35 years old female and from Kolkata, India. I am willing to change my field and career advancement also. I m thinking to go for CMA but not sure whether I will get better career opportunity in this age or not… Pls help me in deciding whether I should go for CMA or any other courses if in your mind…Waiting for your reply…. Thanks in advance..

  • Suresh says:

    I am from india,currently doing my b.com 2nd year.
    1.if i complete cma,can i do the 2 years work experience in usa or not.
    2.What will be the salary for a cma fresher in usa and in india.
    3.does cma has demand in indian mnc’s
    4.which is more prefered in india cma or cima.

    Thanks,
    Suresh.

  • Kevin says:

    Sir this is Kevin I want to do CMA but I graduated in the year 2011. Since then I have been doing small-small job’s to help my family financial conditions. Now could please tell everything about CMA applying basis & Fee’s

  • Dinesh says:

    Hai sir my name is Dinesh iam doing my Bcom degree final year my ambition is to study CMA can please guide me many Persons was disencourage me so please help. Me

  • Pratibhu says:

    Hello Stephanie,
    Im from India. I’d be passing my graduation this year (appeared in the examination, waiting for the results). Now I’m interested in taking a year in hand and complete the CMA.

    Would there be job opportunities as I pass both the exams of CMA? Or would it better if i get into a job and then complete the CMA?

    It’s really hard to get a job with just a graduation certificate in India nowadays. Thanks in advance.

    • Stephanie Ng says:

      Hi Pratibhu, thanks for sharing. Yes I also heard that you need more than a BCOM to get a job in your country. Most people take the CMA exam with a full time job, so I encourage you to do that. The exam it tough but you don’t need to study for it full time as long as you manage your studying time well. You need two years of experience to get the CMA certification so getting a job also helps in this regard. Stephanie

  • vishal singh says:

    sir, i am a student of bcom graduate and cma is good for me in good placement for me

  • piyush singhania says:

    hello stephanie
    i m pursuing with degree 2nd year and planning for cma will it be a good course for me to join to get the high pay job and i want ur contact number also so can you please mail me your contact number? my email id is ***DELETED***.

    • Stephanie Ng says:

      Hi Piyush,
      You may contact me here.
      It really depends on one’s expectation in terms of whether the CMA certification has benefits and whether it helps to increase your salary potential. I encourage that you read this page to understand the reasons of taking the CMA exam:
      https://ipassthecmaexam.com/why-become-a-cma/

      I have to say this (and any other certifications) do not guarantee good job and good pay. Your school, previous experience, quality of CV and interview skills are all important factors.

  • Apurupa says:

    Hey,

    I am pursuing my Bcom. I also enrolled myself for CMA course. I will be apprearing for part 1 exam this september. it is already august and i haven’t prepared a bit. I just wanted to know how hard the exams are going to be . will one month be sufficient ?

    • Stephanie Ng says:

      Hi Apurupa, it really depends on one’s background and the number of studying hours one can commit. If you are able to devote 20+ hours per week in this month for example, it’s pretty ok; if only 2 hours per week, then it would likely be a stretch.

      Anyway, since you’ve paid for the exam, just try your best and go for it! In worst scenario treat this as a mock exam. Good luck! Stephanie

  • Nirmal says:

    Hai
    I want to know that which is better, cma after b.com or m.com/mba..?

    • Stephanie Ng says:

      Hi Nirmal, I don’t think there is an absolutely better case; it’s more for individuals to decide. For example, the time commitment and money involved for each. Regards, Stephanie

  • Amala says:

    Hello sir,

    I am amala vysakh from India. I had completed Mba finance in 2010. Now I wish to study CMA. Is it possible? Because I forgot everything and 10year gap in accounts field. Please give me a proper guidance

    Thanks and regards
    Amala vysakh

  • Hiren says:

    Hi
    Which company will hire CMA USA in India, and how much packages available to CMA USA in India?

    • Stephanie Ng says:

      Hi Hiren,
      It’s hard to generalize, but I would say the fortune 500 companies with focus on manufacturing will be more likely. You can then go to the job hunting website to get an idea of the salary range. Regards, Stephanie

  • Manoj says:

    Hi mam I am an engineering graduate so can I able to pursue this course and how hard it would be and after cma would I able to get a job??

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