Thanks for watching! Which designation are you thinking of pursuing first? CMA or CGMA?

@satyendrapandey6318

4 жыл бұрын

Hey satyam here ☺️ The for the information !! Btw I passed my 12 th garde with 77.85% in board exam 😊

@Cmacoach

4 жыл бұрын

Congratulations!!

@satyendrapandey6318

4 жыл бұрын

Nathan when are you coming live ?

@Cmacoach

4 жыл бұрын

every Friday my friend.

@leratolesia2060

3 жыл бұрын

Hi, I would like to pursue a career in accounting. I already have a bachelors, however I'm more interested in strategy and risk management. Which route do you recommend?

Thanks for explaining the two designations!

@Cmacoach

4 жыл бұрын

You bet!

The message and steps you offer are direct and easy to follow.

@Cmacoach

4 жыл бұрын

I'm glad you think so. Thanks for watching!

Great explaining the opportunities you can get from the two!

@Cmacoach

4 жыл бұрын

Glad you think so!

Interesting video, I'm currently a Managerial Accounting student. I'm thinking about perusing a Cgma because the CMA designation is not popular in my country(South Africa) but it was nice to get some insight on a similar similar designation

@Cmacoach

3 жыл бұрын

Thanks for watching Jerarrd!

@sharifahassen6048

Жыл бұрын

Hey Jararred, did you decide on which qualification you wanted to pursue?

CIMA is predominantly UK based professional qualification, it has completely different educational landscape comparing to its American counterpart; As a CIMA qualified accountant (more than a decade ago), I always see myself as a ACMA and find the title of 'CGMA' a bit of scam, the way I see it it's just a dishonourable marketing practice that aims to maximize the the number of intakes regardless of their individual background and career aspirations , which is completely unnecessary; Well, 【less known】 is good, recognition in a small circle and know your trade, more be proud of it, works for me~~

@Cmacoach

Жыл бұрын

Thank you for sharing your perspective on CIMA and CGMA. It's important to hear different viewpoints and experiences.

I have a friend who is studying for their CMA exam. I will be showing him this video. Thanks for sharing

@Cmacoach

4 жыл бұрын

Please do! Thank you!

Didn't know this! Thanks!

@Cmacoach

4 жыл бұрын

Happy to help!

Yes

Two ways to obtain cgma: take 12 exams and 3 years of work experience, or just pay $5.

thank u sir , it is very helpful .

@Cmacoach

4 жыл бұрын

Most welcome. Thanks for watching!

I prefer the CMA as it is better for those based out of the USA. CGMA is too expensive and still developing a brand image that is respected by companies.... BTW , I like your channel, I have decided to go after the CMA and it helps to see your videos. Keep it up

@Cmacoach

4 жыл бұрын

Hi Traeton, I totally agree. And thanks for watching my videos. Glad they are helpful!

As a cgma a student, I’d advise anyone who watch this videos to go to the CIMA website and read the information there or chat to an assistant on the website because I don’t seem to agree with most of what you said. For example salary is provided properly on the website, in fact I was looking at it just yesterday, all detailed from entry level

@Cmacoach

3 жыл бұрын

The information presented was current as of the date of the recording of this video. If there's more information available now that's great to hear. Thanks for sharing :)

@nokubongakhelina7850

Жыл бұрын

Hi. I am a cost and management student and would like to know how you went about studying towards CGMA

It's also worth noting that when the CGMA was first available, it had some well deserved controversy surrounding it. Initially, the "certification" was made available to CPAs if they were to pay a few hundred dollars (no exam necessary), and if they did, they can put CGMA after names. Because of this, CGMA is tainted to a certain degree. How do we separate the folks who received their CGMA credential by paying the fee vs the folks who later received the credential after AICPA got around to making exams for it?

@Cmacoach

3 жыл бұрын

Thanks for pointing that out. I recall this controversy surrounding the CGMA which hurt its credibility unfortunately. I think the only way to separate the two groups is by mentioning it during an interview or in conversation. By simply seeing CGMA on someone's profile or business card, it doesn't accurately show if the individual passed the exam or simply paid the fee to have it. It's unfortunate.

I have been working in corp America as an accountant for 30+ years. I haven't needed to become a CPA to date because of the years of experience and specialty. I am finding that now after all of these years I am being asked to be a CPA which I am pursuing now. I am looking at these certs to see if these would also be worthwhile. Salary is not the issue. It is the opportunity to get to the next level. Just wondering what you might be seeing in industry. I'm not necessarily concerned about international either. Controller or CFO is the next step and I am tired of not being able to check the CPA box.

@Cmacoach

Жыл бұрын

Hi Linda. If you're looking to advance your career towards the role of Controller or CFO, obtaining the CPA certification is a great option. Additionally, consider the CMA certification as it would complement your accounting skills with managerial accounting.

Talked about career in accounting, can you please further explain on that under CMA or CGMA

@Cmacoach

3 жыл бұрын

I went over it in the video :)

Great Video 🙂 CIMA and CGMA both are different courses? and which one is better. As per my work experience and qualification i am getting decent exemptions in CIMA and only give 2 case study exam but i will get CGMA degree. So my question is - It's worth to do CGMA or good to obtain for CIMA with all 11 exams. Also what's ur opinion, which is best - CMA II CIMA II CGMA. please advice.

Really confused between CPA Canada, CMA, CIMA and CGA.. Online it has been stated that CPA is integrating 40 degrees within itself (2014). Just very confused as to what would be best suitable

@Cmacoach

2 жыл бұрын

For a career in taxation, audit and compliance, the CPA is the way to go. For a career in management accounting, the US CMA is the gold standard. Does this distinction help?

@jask.1897

2 жыл бұрын

@@Cmacoach Yes! Thank you 😊

@cma coach: Could you also do the similar video CMA vs CIMA? Many thanks.

@Cmacoach

4 жыл бұрын

Yes absolutely :)

@ahmedatallahalabd9471

3 жыл бұрын

+1

I was watching this thinking it was for CMAs. (Certified Medical Assistants) lmao

@Cmacoach

4 жыл бұрын

bahaha I can see why it would be confusing at first.

Yes sir I want a career in accounting

@Cmacoach

2 жыл бұрын

That's great to hear! It's a stable career.

someone said "CIMA Advanced Diploma in Management Accounting" =" Master Degree In UK"..is it correct?

@Cmacoach

3 жыл бұрын

I'm not sure. You may want to ask that 'someone" for more information. I'm not familiar with MBA programs in the UK.

Hello Nathan, My question is that, I have 3 year bachelor degree from India in business administration and have more than 6 years of accounting experience in not for profit, will i meet educational requirement for CMA examination or not? Thank You.

@Cmacoach

Жыл бұрын

There are several requirements before a candidate can become officially CMA certified. Here’s my article on this topic: cmaexamacademy.com/cma-certification-requirements/

I have completed Bachelor's degree in Commerce. I'm choosing CMA US. Is it preferable that i do MBA alongside or after CMA? And which MBA is best suitable after CMA? Will it make a good value addition to my resume or is CMA US more than enough to get a good job?

@Cmacoach

2 жыл бұрын

I have an awesome resource that’ll give you a lot more information about career and salary potential as a CMA. Check it out here cmaexamacademy.com/certified-management-accountant-salary-in-the-usa/ref/nathan/

@nivethav4402

2 жыл бұрын

@Fatima Ali After doing us cma can we work in india with average salary or moderately high paid salary?

Hey i have completed CMA and because of the covid pandemic and being a freasher i am finding difficult to find job opportunity, so I'm thinking of doing CPA . What is your opinion??

@Cmacoach

4 жыл бұрын

Akash, I have a free weekly newsletter listing CMA job openings: cmaexamacademy.com/cma-dream-jobs-discover-a-6-figure-accounting-career-today/

@akash.kbalagangadaran5666

4 жыл бұрын

Sir, basically i am from India, so will this help me??

@Cmacoach

4 жыл бұрын

It's primarily geared for jobs in the USA, but I'll eventually add India as well.

Heyy Nathan! I'm pursuing with my CMA now. After clearing both the parts in CMA is there any privileges for giving exam of CGMA?

@1101smartkooldude

4 жыл бұрын

no exemptions

@Cmacoach

4 жыл бұрын

No there aren't any privileges. However, the CMA designation is the gold standard in management accounting. You don't need the CGMA if you already have the CMA.

@mehakgupta8306

3 жыл бұрын

Hey tanya... I'm Indian too... And have so many queries regarding cma ... Can you please share your email id or insta username with me so that I can get in touch with you?

Thank you for the video... I'm 10 years experienced with Finance and Logistics field.. Will i get opportunity after finishing CIMA?

@Cmacoach

2 жыл бұрын

I have an awesome resource that’ll give you a lot more information about career and salary potential as a CMA. Check it out here cmaexamacademy.com/certified-management-accountant-salary-in-the-usa/ref/nathan/

@Mad1080

2 жыл бұрын

@@Cmacoach I'm already with CIMA, kindly please provide details about CIMA for my above question.

You really know your stuff!

@Cmacoach

4 жыл бұрын

Thanks sir!

Hello sir. I have done pgdm. I am working as an accountant in saudi Arabia since 4 years. I want to do cma usa tu upgrade myself in my field. Is this course ok to pursue? Plz suggest.

@Cmacoach

4 жыл бұрын

Absolutely, Salik. I think it's a good fit since you already work in the accounting space. Here's an article to help you step by step: cmaexamacademy.com/how-to-become-a-cma-in-just-over-6-months/

@CMA Coach, you're not completely correct that CGMA certification started in 2012. CGMA is actually an alliance between the UK's CIMA and the US' AICPA. CIMA was founded in 1919 while AICPA 1887. If you truly need to do a comparative analysis of management accounting certifications, its better you compare CIMA vs. CMA. 👍

@Cmacoach

3 жыл бұрын

Hey Chris, I appreciate your feedback, thank you! When I speak about 2012, I'm referring to when the CGMA designation was created, not when the organizations were founded. Per the cgma.org website, this designation was created in 2012. But I like the suggestion of doing a comparison between CIMA vs CMA. I'll add that to my content calendar. Thank you!

@thabangmakgatouncensored2023

3 жыл бұрын

I also find the comparison difficult to understand. To be a cgma using the two different routes will still require more than one exam, not sure if there’s anyone who was exempted for all exams and only wrote strategic case study exam. The experience requirements are also not explained fully. The salary analysis 🧐 I question a lot that you said about cgma

Would it add value to do CMA after 20 years of experience and being in a senior role in finance . I have an executive MBA with B.com but no technical accounting title like CA or CPA

@Cmacoach

3 жыл бұрын

I believe it would add value. The scope of topics you'll learn while studying for the exam will enhance your current skillset and knowledge.

@Mega23423

3 жыл бұрын

@@Cmacoach which designation has higher market recognition . CPA or CMA,?

@Cmacoach

3 жыл бұрын

Both serve a different purpose so we aren't really comparing apples to apples. If you want to work in taxation and audit, the CPA is king. If you want to work in management accounting then the CMA is king.

Hi, i'm a student in level three. I have no experience, but i need to get cma certificate. Who can you guide me, start now or not. And if yes. Please guide me who can i start, and what the book can i buy to study from.

@Cmacoach

3 жыл бұрын

Ahmed, this is a good time to learn about the CMA and how the process works to earn this certification. This article will guide you step-by-step on how to become a CMA: cmaexamacademy.com/how-to-become-a-cma-in-just-over-6-months/

@ahmedwazeer762

3 жыл бұрын

@@Cmacoach thank you so much❤❤❤

I have passed all exams of CIMA. Do you think pursuing CMA would be beneficial for me? Would my knowledge of CIMA help me to pass CMA exams?

@Cmacoach

3 жыл бұрын

There will definitely be some overlap in the subject matter tested. If you're looking for a global designation in management accounting, then the CMA is a good option to pursue.

Hello sir I'm pursuing CGMA right now , anything that you could help me out , need to talk !

@Cmacoach

Жыл бұрын

Hi Amudala, I currently provide coaching support and study materials for the CMA exam only, not the CGMA.

Can a CMA with his knowledge become an entrepreneur?

@Cmacoach

4 жыл бұрын

Accounting is the language of business so absolutely Majid. You'll need to know more than accounting to run a business successfully but it's a must imo.

Please is CMA recognized globally?

@Cmacoach

3 жыл бұрын

Yes it is :) Here's an article that goes over it in more detail: cmaexamacademy.com/what-is-cma/ref/nathan/

What might be the minimum starting salary for a CMA ?

@Cmacoach

4 жыл бұрын

There are many variables that we need to take into account Sabari. Read this article for a deep dive into careers and salaries: cmaexamacademy.com/cma-careers/

@sabarisankar9263

4 жыл бұрын

@@Cmacoach But sir which one should I believe? You're an experienced CMA. From your knowledge what do you think the minimum salary of a CMA would be? I just want the lowest figure.

@Cmacoach

4 жыл бұрын

Sabari, there are so many variables about you that I don't know such as age, experience, country, industry, company, etc. So I can't give you a specific figure like you ask. For more info read this salary survey www.imanet.org/career-resources/salary-information

@ratan9010

4 жыл бұрын

@@Cmacoach the link you shared i didn't understand a single thing🤔 looks complicated..

is CGMA WELL RECOGNIZED IN USA

@Cmacoach

2 жыл бұрын

Yes it is, but the CMA is the gold standard in management accounting.

Do cma have scope in Australia . ??

@Cmacoach

4 жыл бұрын

Hi Shaun, I believe Australia has its own version of the CMA, but if you're looking for a global designation, the US CMA is the only one with this type of prestige worldwide.

is new zealand australia and us cma different

@Cmacoach

3 жыл бұрын

Gani, the US CMA is the only certification recognized globally. The others are only for those specific countries which the US CMA is also recognized in.

@BharatSingh-lt5pz

3 жыл бұрын

@@Cmacoach thanks a lot for your reply i need some questions, can i ask you, i want to tell you my career and education, please tell me your email, i really need help for make career, please please please

@Cmacoach

3 жыл бұрын

Contact me here www.cmacoach.com/contact/

Wow, don't pass up the free download!!

@Cmacoach

4 жыл бұрын

Virtual high-five!

After this video it is unfair to equate CMA with GCMA

@Cmacoach

3 жыл бұрын

I agree. These two designations are not equal. That's why it was important to explain the differences here.

Sure CIMA CGMA best from CMA

@Cmacoach

4 ай бұрын

Hi. Both CIMA/CGMA and CMA offer valuable skills, but they focus on different aspects of the accounting and finance world. If your aim is global strategic management and you're leaning towards business operations, CIMA/CGMA might be more up your alley. CMA, on the other hand, is excellent for expertise in financial management and strategy within the corporate environment. Choose what best fits your career path!

CMA>CGMA

@Cmacoach

3 жыл бұрын

🙌