CMA Demand in India: Career Growth, Job Market Demand & Salary Trends!

By IIC Lakshya

13 Aug 2025

CMA INDIA

CMA Demand in India: Career Growth, Job Market Demand & Salary Trends!

Are you planning a career in corporate jobs related to tax reforms, financial strategies, and business performance? The demand for CMA in India is increasing due to the global exposure of the skills, and companies are paying high remuneration for the same.

Read this article about the types of finance and business roles you get after you complete the CMA certification. You will know that CMA USA is the smart choice for finance professionals! Additionally, you get to learn about the companies that offer opportunities, along with the examination details.

What is CMA?

The certification of Certified Management Accountant (CMA) is issued by the Institute of Management Accountants (IMA), USA. The certification is in high demand because CMA-certified individuals contribute to global business and compliance.

As a CMA-certified individual, you offer strategic financial decisions to businesses. A key qualification, CMA, will lead you to successful career paths in the business world. Keep reading to learn why your choice in CMA USA after your graduation is ideal for your future.

Key Reasons for CMA Demand in India

You can read about the demand, eligibility, career opportunities, salary expectations, course fees, and placement scope of the CMA qualification below:

Key Features	Certified Management Accountant (CMA)
Eligibility Criteria	Bachelor’s degree in any field 2 years of relevant work experience Pass both levels of the CMA exam Active member of IMA
Course Fees	IMA membership (annual) - INR 11,200 (professional)/ INR 3,700 (student) CMA USA Fees (Entrance) - INR 41,500 (professional)/ INR 24,900 (student) Exam Fees (Part 1&2) - INR 41,000 * 2 = INR 82,000 (professional) INR 38,200 * 2 = INR 76,400 (student)
Exam Requirements	Scale - 0 to 500 MCQs - 75% of the total questions Essay - 25% of the total questions Must pass both parts within 3 years of enrolling in CMA CMA passing score is 360 out of 500
Career Opportunities	Financial Analyst Budgeting Manager Management Accountant Cost Accountant Internal Auditor Chief Financial Officer (CFO) Financial Controller
Placement Scope	Multinational Companies - Amazon, Johnson & Johnson, Coca-Cola, Nestle Big 4 Accounting Firms - Ernst & Young (EY), Deloitte, Klynveld Peat Marwick Goerdeler (KPMG) and PricewaterhouseCoopers (PwC) Consulting Firms - Capgemini, Accenture, McKinsey Startups - SaaS, E-Commerce, Fintech
Salary Expectations	Starting INR 6 LPA to INR 10 LPA Higher with experience

Career Opportunities & Future Scope of CMA

With the rising demand for CMA, it offers diverse career opportunities in both India and abroad. Due to the global opportunities, many students choose CMA USA after graduation. Especially with the CMA(USA) qualification, you will receive opportunities from the following:

Multinational companies (MNCs)
IT/ITES & Consulting firms
Manufacturing & FMCG sectors
Startups & E-Commerce
Big Four Accounting Firms like Deloitte and others

Companies like Wipro, Capgemini, TCS, Reliance, Larsen & Toubro, and others employ CMA-certified individuals in India. You can get several job roles in India once you are a certified CMA professional, as follows:

Financial Analyst
Management Accountant
Business/ Strategy Analyst
Cost Accountant
Finance manager
Risk Management Analyst

The global employers of CMA professionals are Microsoft, Deloitte, Amazon, IBM, Accenture, PwC, and others. The job roles that are globally available as an opportunity with increasing demand in CMA are as follows:

Senior Financial Analyst
Costing Manager
Corporate Controller
Operations Finance Analyst
Financial Planning & Analysis (FP&A) Manager
Director of Finance

Salary Expectations & ROI of CMA

Here's a tabulated breakdown for Salary Expectations for CMA:

Region	Fresher Salary	Experienced Salary (Approx)
India	INR 6 - 10 LPA	INR 15 - 30 LPA
USA	$65,000 - $90,000	$100,000 - $150,000
UAE	AED 90,000 - AED 150,000	AED 200,000
UK	£35,000 - £60,000	£70,000 - £120,000

When talking about the return on investment (ROI) of CMA certification, you will get leadership positions along with a good salary. The cost of the course is higher; however, the earning potential is relatively high. This is how CMA USA is advantageous over CA qualifications. Hence, the demand for CMA is high now!

Is CMA Right for You?

So, how would you know that CMA is the proper certification for you? The most in-demand certification, CMA (USA), is ideal for you if you are planning your career in finance and accounting.

Let's start preparation to pass the examinations, learn strategic and leadership skills and have diverse job role opportunities. You will get global recognition and earn a high salary with the CMA certification.

Frequently Asked Questions (FAQs)

Why is CMA in such high demand now?

The skills that you will learn in the CMA certification include budgeting, cost control, performance management, and analytics. These skills are highly relevant in recent times, especially after COVID and in global economic uncertainty.

What industries are hiring CMAs in 2025?

Industries that are hiring CMA specialists in 2025 are as follows:

Manufacturing
Technology & IT
Healthcare
Consulting & Auditing
E-commerce
Banking & Financial Services

Are CMAs in demand in India specifically?

India has recently seen a massive surge in demand for CMA, driven by the presence of MNCs, a growing focus on strategic planning and financial compliance, and outsourcing hubs.

How does CMA compare to CA or CPA in terms of demand?

While CA has a more substantial presence in India and CPA in the USA, CMA has a more global representation, along with a rising scope in diverse industries. The CMA job roles involve management accounting and strategic finance.