Career

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Jitender Bhatia (Querist)
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07 August 2014 I am working since 2000. My current profile is Account Payable, restricted to vendor payments. Now pursuing CMA Ist group. Fully confident to complete CMA. Please advise career opportunities after competition of Inter and Final

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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08 August 2014 Career opportunities are very bright after completion of CMA. There are lots of opportunities in both PSU's and Private Sector. Earlier only Public Sector Undertaking (PSU) Companies offered job to CMAs, but in the last few years trends have changed. Now almost all enterprises/ companies show their interest in giving job to CMAs. It has shown in Institutes’ campus placement where, apart from PSUs, companies such as ITC, ICICI Bank, IDBI Bank, Wipro, Ashok Leyland, Ford etc. are regular recruiters.

Nowadays, with multi-product ventures taking place, it has become important to know and understand the exact cost of every product and service at different stages to minimize the expenditure incurred on them and to ensure optimum utilization of resources. This is where the role of Cost Accountant comes and that is the reason behind increase in demand of the CMAs.

As mention above, a CMA is an ALLROUNDER rather than mere a batsman or a bowler, -apart from cost related assignments, we find CMAs doing jobs as Manager – Taxation, Manager – Accounts, Manager – Credit etc in many companies. Many CMAs are holding top management positions, viz., Managing Director, Finance Director, Financial Controller, Cost Controller, Chief Internal Auditor, CEO, CFO etc.