Pro Tip on Sectors That Are Ready To Absorb US CMAs

Pro Tip on Sectors That Are Ready To Absorb US CMAs

As on date, there are about 40,000 active CMAs and currently about 80,000 in the pipeline.

In order to obtain the CMA certification, candidates need to possess a basic educational qualification, pass two levels of examinations with or without CMA USA training, obtain experience certificate and also have to follow a regimen of continuous education plan.


What can you do as a CMA (US)?

The following roles are available for CMA (US) professional:

Finance Manager


Costing Manager


Chief Finance Officer


Relationship Manager


Management Accountant


Financial Director


Financial Analyst

Cost Manager


Financial Controller

Cost Accountant


The US CMA is accepted in all countries – Sudan, Dubai, Riyadh, Nepal, all Europe countries etc. Thus, this will open up opportunities for CMA USA candidates to secure jobs in MNCs and Fortune 500 companies from any foreign country that are setting up shop in India or already present in India. Currently there are around 40,000 MNCs and about 250,000 overseas affiliates in India.

Incidentally, the top 300 MNC of the world control over 25% of the world output. This fact reflects the significance and impact of MNCs and in turn it emphasizes the fact that these companies have to be professionally manned by CMAs and other similar personnel.


Potential Sectors for US CMAs

The following sectors may be targeted from a career perspective:

Manufacturing –

Japanese companies like Toyota are planning to invest about 350 million USD in India in the next year to develop a small car.

Bosch is planning Rs.1700Cr. investment in the next three years for a Tech Hub.

Apple supplier Foxconn is planning to invest USD 1 billon in southern India for expansion.

Tesla, as per news reports, is planning a manufacturing facility in Karnataka, after setting up a R&D Centre.

These are some specific examples where CMAs can play a significant role. CMA USA professionals are a crucial asset for companies particularly at this stage. They drive such strategic decisions for these corporate giants.


With the announcement in the Current Budget the Insurance Sector will be open to FDIs up to 76 % from the existing 49%.

As per the Economic Survey Report, in India the overall Insurance coverage is only 3.76% which is extremely low and hence there is a lot of business to be done, making it a potential job market for CMA USA professionals.


Due to the global acceptability, CMAs can play a crucial role in Big 4 and other consulting firms and offer advisory services.

Overseas Opportunities

As CMAs have a global recognition, the overeas job market may be explored and may be lucrative that is -US/Europe/South East Asia/ Dubai/ Saudi Arabia/ Africa.


“An investment in knowledge pays the best interest”-said Benjamin Franklin and how very true these simple words are even today.





Currently having a Sole Proprietorship Firm styled as G.SRIKUMAR & Co.

Currently with JRS & Co, Chartered Accountants, as Director (formerly Partner for 10 years) in charge of the Bangalore Branch. The Firm has 5 offices (Bangalore/Kochi/Kollam/Trivandrum/Dubai). The Firm offers services of Accounting/Auditing/CFO Services and Taxation Advisory Services.

Holds Independent Director Role with TJL Ltd for last two years.

Holds Governing Council role in an E Education LLP


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