{"id":39749,"date":"2023-08-21T06:30:00","date_gmt":"2023-08-21T01:00:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=39749"},"modified":"2023-09-29T10:14:14","modified_gmt":"2023-09-29T04:44:14","slug":"ca-vs-cma","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/","title":{"rendered":"CA vs CMA- Know Which is a Better Career Option?"},"content":{"rendered":"<p><img src=\"https:\/\/static.kopykitab.com\/blog\/wp-content\/uploads\/2019\/03\/CA-VS-CMA.jpg\" alt=\"CA VS CMA\" width=\"1024\" height=\"512\"><\/p>\n<p><span style=\"font-weight: 400;\"><strong>CA VS CMA:<\/strong> Are you perplexed about choosing CA and CMA? Are you wondering which one has the higher demand? Well, both courses are considered as one of the toughest in India and one requires a brilliant IQ to crack them. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">A person who is choosing between these two, i.e. CA vs CMA course must be interested in playing with numbers. It really depends on the student&#8217;s interest. Here is a simple guide for you to choose between CA vs CMA under various categories. In this blog, we tell you about the differences between CA and CMA. Go through it completely to know in detail.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d905ad06be8\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d905ad06be8\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/#basic-introduction-about-ca-chartered-accountant\" title=\"Basic Introduction About CA (Chartered Accountant)\">Basic Introduction About CA (Chartered Accountant)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/#basic-introduction-about-cma-cost-and-management-accountant\" title=\"Basic Introduction About CMA (Cost and Management Accountant)\">Basic Introduction About CMA (Cost and Management Accountant)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/#cma-full-form-in-india\" title=\"CMA Full Form In India\">CMA Full Form In India<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/#a-brief-comparison-between-ca-vs-cma-difference-between-ca-and-cma\" title=\"A Brief Comparison between CA vs CMA | Difference Between CA and CMA\">A Brief Comparison between CA vs CMA | Difference Between CA and CMA<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/#faqs-on-the-difference-between-ca-vs-cma\" title=\"FAQs on the Difference between CA vs CMA\">FAQs on the Difference between CA vs CMA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/#what-is-the-full-form-of-cma-in-commerce\" title=\"What is the full form of CMA in commerce?\">What is the full form of CMA in commerce?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/#what-is-the-cma-average-salary-in-india\" title=\"What is the CMA average salary in India?\">What is the CMA average salary in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/#is-cma-tough-to-crack\" title=\"Is CMA tough to crack?\">Is CMA tough to crack?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"basic-introduction-about-ca-chartered-accountant\"><\/span><strong>Basic Introduction About CA (Chartered Accountant)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You might be knowing that CA is the most reputed course in the commerce stream. The Institute of Chartered Accountants of India (ICAI) is the only authority responsible to conduct the <a href=\"https:\/\/www.kopykitab.com\/blog\/ca-exam-guide\/\" target=\"_blank\" rel=\"noopener\">CA exam<\/a> and provide the degree. ICAI is the second-largest accounting body in the world.<\/span><\/p>\n<p>Chartered Accountant (CA) <span style=\"font-weight: 400;\">is well known for earning high incentives in the corporate world and are also held responsible for handling the financial and legal matters of the company.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The profession is challenging because a CA always requires to update himself with the amended laws and case studies. A person who is an expert in CA is aware of various domains such as accounting, auditing, taxation, finance, and corporate laws.<\/span><\/p>\n<p style=\"text-align: center;\"><a style=\"display: inline-block; width: auto; padding: 18px; cursor: pointer; font-weight: bold; border-radius: 40px; text-decoration-line: underline; color: #ffffff; background: #ff4500; box-shadow: rgba(0, 0, 0, 0.25) 0px 2px 6px 0px;\" href=\"https:\/\/www.kopykitab.com\/blog\/chartered-accountant-salary\/\" target=\"_blank\" rel=\"noopener\">Must-Read CA Salary Structure<\/a><\/p>\n<p>A candidate is eligible to get appointed on various job profiles such as Internal Auditor, Portfolio Management, Finance Advisor, etc.<\/p>\n<div class=\"content-box-orange\">\n<table style=\"width: 100%;\">\n<tbody>\n<tr style=\"text-align: center;\">\n<td style=\"width: 100%; text-align: center;\" colspan=\"2\"><strong>Download Ultimate Study Materials to Boost Your Exam Preparation<\/strong><\/td>\n<\/tr>\n<tr style=\"text-align: center;\">\n<td style=\"width: 50%; text-align: center;\"><a href=\"https:\/\/www.kopykitab.com\/Chartered-Accountant\/Study-Packages\/?source=CRO_CAFoundation\" target=\"_blank\" rel=\"noopener\">CA Study Packages<\/a><\/td>\n<td style=\"width: 50%; text-align: center;\"><a href=\"https:\/\/www.kopykitab.com\/ICWA-CMA\/Study-Packages\/?source=CRO_CMAFoundation\" target=\"_blank\" rel=\"noopener\">CMA Study Packages<\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"basic-introduction-about-cma-cost-and-management-accountant\"><\/span><strong>Basic Introduction About CMA (Cost and Management Accountant)<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"cma-full-form-in-india\"><\/span>CMA Full Form In India<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cost &amp; Management Accountant is the full form of the abbreviation CMA.<\/p>\n<p>Now lets talk about the CMA exam. It is completely based on Cost Accounting. CMA studies primarily focus on Financial and Accounting Management. Their job profile is to maintain and handle the cost records, pricing of the goods\/services, verification of cost records, etc.<\/p>\n<p>But every company is not required to get the cost audit done, very few companies that are dealing at a very large scale are required to get the cost auditing done.<\/p>\n<ul>\n<li><a href=\"https:\/\/www.kopykitab.com\/blog\/icwa-cma-exam-notification\/\" target=\"_blank\" rel=\"noopener\">Know everything about the CMA Exam<\/a><\/li>\n<\/ul>\n<p>Although CMA has started emerging in India, its scope is still very limited. But we can say it is a course for the future. CMA is the only authorized person to do the cost audit of the company. There are numerous books available for CMA as well. You can be exam-ready with a huge collection of <a href=\"https:\/\/www.kopykitab.com\/blog\/cma-exams-preparation-tips\/\" target=\"_blank\" rel=\"noopener\"><strong>CMA Preparation Books<\/strong><\/a>&nbsp;available online.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"a-brief-comparison-between-ca-vs-cma-difference-between-ca-and-cma\"><\/span>A Brief Comparison between CA vs CMA | Difference Between CA and CMA<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Here you can check the detailed comparison between CA Vs CMA Exam including a comparison between their course structure, duration, job profile, and the salary difference between CA and CMA. It will help you to understand better about both exams.<\/p>\n<table style=\"float: left; width: 100%; height: 2113px;\">\n<tbody>\n<tr style=\"height: 66px;\">\n<td style=\"width: 14.0547%; height: 66px;\">\n<h4><strong>Parameter<\/strong><\/h4>\n<\/td>\n<td style=\"width: 50.1244%; height: 66px;\">\n<h4><strong>CA<\/strong><\/h4>\n<\/td>\n<td style=\"width: 35.5721%; height: 66px;\">\n<h4><strong>CMA<\/strong><\/h4>\n<\/td>\n<\/tr>\n<tr style=\"height: 458px;\">\n<td style=\"width: 14.0547%; height: 458px;\"><strong>Course Structure<\/strong><\/td>\n<td style=\"width: 50.1244%; height: 458px;\">CA course is divided into three levels.<p><\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.kopykitab.com\/blog\/ca-foundation-complete-course-guide\/\" target=\"_blank\" rel=\"noopener\">CA Foundation<\/a>,&nbsp;<\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.kopykitab.com\/blog\/icai-ca-intermediate-exam\/\" target=\"_blank\" rel=\"noopener\">CA Intermediate<\/a>,<\/strong><\/li>\n<li><strong><a href=\"https:\/\/www.kopykitab.com\/blog\/ca-final-exam\/\" target=\"_blank\" rel=\"noopener\">CA Final<\/a> along with three years of practical training.&nbsp;<\/strong><\/li>\n<\/ul>\n<p>One can enroll for the entrance examination of the CA Foundation after qualifying 12th standard.<\/p>\n<\/td>\n<td style=\"width: 35.5721%; height: 458px;\">The CMA course is divided into three levels.<p><\/p>\n<ul>\n<li><strong>CMA Foundation, <\/strong><\/li>\n<li><strong>CMA Intermediate, <\/strong><\/li>\n<li><strong>CMA Final. <\/strong><\/li>\n<\/ul>\n<p>The students after qualifying 10+2 examination are eligible to enroll themselves in the CMA Foundation course.<\/p>\n<\/td>\n<\/tr>\n<tr style=\"height: 188px;\">\n<td style=\"width: 14.0547%; height: 188px;\"><strong>Duration<\/strong><\/td>\n<td style=\"width: 50.1244%; height: 188px;\">The total duration in the CA Course is a minimum of 4.5 years including 3 years of articleship training.<\/td>\n<td style=\"width: 35.5721%; height: 188px;\">The duration of the CMA course is a minimum of 3-4 years. Training in CMA is also a mandatory part of this course.<\/td>\n<\/tr>\n<tr style=\"height: 464px;\">\n<td style=\"width: 14.0547%; height: 464px;\"><strong>Demand in Market<\/strong><\/td>\n<td style=\"width: 50.1244%; height: 464px;\">Chartered Accountants are highly knowledgeable in various domains hence there&nbsp;demand&nbsp;is rapidly increasing in the corporate world.<p><\/p>\n<p><span style=\"font-weight: 400;\">Companies are looking for a candidate who can handle various tasks and CA\u2019s are deemed to be perfect for this job profile.<\/span><\/p>\n<\/td>\n<td style=\"width: 35.5721%; height: 464px;\">Every company is not required to get the cost audit done. Companies working on a very large scale are required to appoint cost auditors.<p><\/p>\n<p>Hence, the demand of CMA is very limited but it is expected that the demand will rise with the passage of time.<\/p>\n<\/td>\n<\/tr>\n<tr style=\"height: 575px;\">\n<td style=\"width: 14.0547%; height: 575px;\"><strong>Job Profile<\/strong><\/td>\n<td style=\"width: 50.1244%; height: 575px;\">A CA can work on multiple Job Profiles such as \u2013<p><\/p>\n<ul>\n<li>Statutory Audit.<\/li>\n<li>Internal Audit<\/li>\n<li>Advisor in Direct or Indirect Taxation<\/li>\n<li>Handling Transfer Pricing<\/li>\n<li>Financial and Accounting Management<\/li>\n<li>Investment Decisions<\/li>\n<li>System Audit (after clearing DISA\/CISA)<\/li>\n<li>Handling the company&#8217;s Legal Matters etc.<\/li>\n<\/ul>\n<\/td>\n<td style=\"width: 35.5721%; height: 575px;\">A CMA can be appointed on the following job profiles \u2013<p><\/p>\n<ul>\n<li>Cost Accounting<\/li>\n<li>Cost Auditing<\/li>\n<li>Financial Planning<\/li>\n<li>Determine the Prices of Goods and Services.<\/li>\n<li>Management Accountant<\/li>\n<li>Financial Analyst<\/li>\n<li>Cost Accountant<\/li>\n<li>Accounting Manager<\/li>\n<li>Senior Accountant<\/li>\n<li>Corporate Controller<\/li>\n<li>Chief Financial Officer (CFO)<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<tr style=\"height: 362px;\">\n<td style=\"width: 14.0547%; height: 362px;\">\n<p><strong>CA Vs CMA&nbsp; Salary In India<\/strong><\/p>\n<\/td>\n<td style=\"width: 50.1244%; height: 362px;\"><strong>A fresher Chartered Accountant can be offered an&nbsp;average salary&nbsp;of 6-7 lakhs<\/strong> which increases with experience and ability.<p><\/p>\n<p>However, the candidates who passed out on the first attempt are usually offered <strong>10-12 lakhs<\/strong> and Rank Holders get to offer up to <strong>25 lakhs<\/strong>.<\/p>\n<\/td>\n<td style=\"width: 35.5721%; height: 362px;\"><strong>CMA Salary in India: The average salary of CMA in India lies between 5-7 lakhs<\/strong> which increase with the passage of time and also depending upon one\u2019s ability.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Going through the difference between <a href=\"https:\/\/www.icai.org\/\" target=\"_blank\" rel=\"noopener\">CA<\/a> vs CMA, you must have gotten a complete idea of the courses. According to the experts, in the current market, CA has a lot of scope and demand.<\/p>\n<p>But if you are planning for the future say after 10-15 years then you can opt for CMA which is expected to grow with the passage of time. Choose the best between CA vs CMA. You can excel in both exams with a wide range of CA Books available online.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"faqs-on-the-difference-between-ca-vs-cma\"><\/span><strong>FAQs on the Difference between CA vs CMA<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1625750687007\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-the-full-form-of-cma-in-commerce\"><\/span>What is the full form of CMA in commerce?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The full form of CMA in commerce is Certified Management Accountant.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1625750730274\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-the-cma-average-salary-in-india\"><\/span>What is the CMA average salary in India?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The CMA average salary in India is 3-4 lakh per annum.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1625750818831\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"is-cma-tough-to-crack\"><\/span>Is CMA tough to crack?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The CMA exam is extremely difficult and will push you to your limits intellectually.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>CA VS CMA: Are you perplexed about choosing CA and CMA? Are you wondering which one has the higher demand? Well, both courses are considered as one of the toughest in India and one requires a brilliant IQ to crack them. A person who is choosing between these two, i.e. CA vs CMA course must &#8230; <a title=\"CA vs CMA- Know Which is a Better Career Option?\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/ca-vs-cma\/\" aria-label=\"More on CA vs CMA- Know Which is a Better Career Option?\">Read more<\/a><\/p>\n","protected":false},"author":238,"featured_media":39755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[4731,4930],"tags":[4269,3353,3651,4300,3547],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/39749"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/238"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=39749"}],"version-history":[{"count":5,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/39749\/revisions"}],"predecessor-version":[{"id":416339,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/39749\/revisions\/416339"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/39755"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=39749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=39749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=39749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}