CMA Salary| Cost and Management Accountant Salary /Payscale for Fresher


CMA Salary-Cost- and- Management- Accountant-Average-Salary
CMA Salary|Cost and Management Salary

Cost and Management Accountant Salary :The demand for CMAs in India and abroad is increasing with the arrival of MNCs and flow of off-shore establishments into our country.These days CMA's are playing a big role in Internal Auditor/Financial Analyst / Senior Executive / Finance Manager / Business Analyst / Pricing Analyst / Director- Finance / Chief Financial Officer (CFO).

 CMA Salary| Cost and Management Accountant Salary/ Pay scale for Fresher and experienced

CMA salary for Finance manager earns an average salary of Rs 9.5L per year. Most people with this job move on to other positions after 20 years in this field. The skills that increase pay for this job the most are Senior Financial Management, Accounts Payable, Financial Modeling, and Budgeting.
Salary  :  3.6L -  17 L
Bonus   :  6.6K -  2.5L
Profit Sharing : 0-  1.7L
Commission :0 -  19K
Total Pay  : 4.3L - 19.2L
Also Read: 
Why Cost and Management Accouning (CMA)?| Career information 

Cost and Management Accountant salary for Financial Analyst : earns an average salary of Rs 3.5 Lakes per year. The skills that increase pay for this job the most are Valuation, Risk Management / Risk Control, Financial Modeling, SAS, and SAP SAP Financial Accounting and Controlling (SAP FICO). Most people with this job move on to other positions after 10 years in this career
Salary - 1.87L - 8.7L
Bonus - 3K-1.2L
Profit Sharing 0 - 74K
Commission  Rs 32,500   
Total pay 1.9L-9.3L

Also Read:
CA-Chartered Accountant Salary /Pay scale for Fresher and Experienced Salary range
Average CMA salary for Financial Controller earns an average salary of Rs 18L . A skill in Senior Financial Management is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this field.
Salary -6L-34L
Bonus- 12K - 5.9L
Profit sharing 0- 5.1L
Total pay - 6.2L-39L

Cost Accountant(CMA) salary : an average salary of 4.13L per year. Most people move on to other jobs if they have more than 10 years' experience in this field. A skill in SAP SAP Financial Accounting and Controlling (SAP FICO) is associated with high pay for this job. Experience strongly influences income for this job.
Salary - 1.7L -9.8L
Bonus- 2K-1.02L
Profit Sharing - 0 -1.03L
Total Pay - 1.8L - 11.03L

Also Read
CMA Inter & Final Result Dec 2016| ICMAI results Dec 2016| Expected Date 

Average CMA salary for Chief Financial Officer (CFO) earns Rs 25L p.a Most people in this job have more than five years' experience in related jobs. The highest paying skills associated with this job are Business Strategy, Strategic Planning, Fundraising, Budget Management, and Financial Analysis. Experience strongly influences salary for this job.
Salary - 8.9L - 63L
Bonus - 8K- 12L
Profit Sharing - 0 - 24L
Total pay - 9.7L-72L

CMA salary based on Popular Cities in India

In Bangalore, Karnataka

Rs 271,103 - Rs 1,800,000

Chennai, Tamil Nadu

Rs 284,791 - Rs 2,260,061

Mumbai, Maharashtra

Rs 117,445 - Rs 2,058,324

Hyderabad, Andhra Pradesh

Rs 575,000 - Rs 1,185,000

Pune, Maharashtra

Rs 500,000 - Rs 2,025,00

CMA Salary in USA / Cost and Management Accountant Salary/Certified Management Accountants salary in USA

According to a new study by the Institute of Management Accountants (IMA), the average annual salary of US Certified Management Accountants (CMA) graduates increased slightly in the last year.


Holders of AMCs in the United States reported an average annual salary of  CMA is $ 115,952 in 2016, according to the IMA 2014 US Salary Survey, which was released  a few days back. This amount represented a slight increase from the average salary of cost and Management Accountant is $ 115,290 of the CMAs reported in 2016 and was 31 per cent higher than the average salary of $ 88,196 last year for those without CMA or CPA certification.

According to Raef Lawson, PhD, CMA, CPA, Vice-President of Research and Professor-in-Residence of the IMA, the slight rise in CMA salaries reflects the overall economic environment, with stagnant economic growth and Low inflation.
 Also Read:
CS salary| Company secretaries Salary / pay scale for fresher and experienced  
Cost Accounting: Definitions,Cost Accountant Role, Functions and Objectives  

"Despite these tough economic times, the premium earned by accredited CMAs remains strong," he told Accounting Web. "This highlights the need for qualified management accountants in good and bad circumstances."
The CMA is the IMA Advanced Accreditation for Accountants and Business Finance Professionals. To date, more than 50000 professionals worldwide have been awarded the designation.

"Certification is a differentiating factor in demonstrating competence in the advancement of careers, organizations and society," IMA President and CEO Jeff Thomson of CMA told Accounting WEB. "Governments, public accounting firms, employers in general, universities and accounting bodies all recognize a lack of skills or a skills crisis in accounting and professional certification is an important way to bridge the gap between talents.
Next Post »


Click here for comments
Teja Sri
30 June 2017 at 05:49 ×

Great... Excellent sharing.. This is very helpful for beginners. Read that provide me more enthusiastic. This helps me get a more knowledge about this topic. Thanks for this.explore finance jobs in hyderabad.

Congrats bro Teja Sri you got PERTAMAX...! hehehehe...