🎓CMA COMMON QUESTION.
All about CMA (ICMAB)- All in One
ICMAB সম্পর্কে সাধারণ প্রশ্নের উত্তর......
আশা করি এই পোস্ট টি পড়ার পর আপনার আইসিএমএ নিয়ে আর কোন Question অবশিষ্ট থাকবে না !! তাই সবার পোস্ট টি পড়া উচিত।
1. What is ICMAB?
The elaboration of ICMAB is The Institute of Cost and Management Accountants of Bangladesh. This Institute provides CMA degree in Bangladesh.
2. What is CMA?
CMA is the Cost and Management Accountant. It is one of the best professional degrees in Bangladesh.
3. When a member will be entitled for ACMA (ASSOCIATE COST & MANAGEMENT ACCOUNTANT)
In order to get this title, a member has to show three years of working experience after passing all the subjects.
4. When a member will be entitled for FCMA (FELLOW COST & MANAGEMENT ACCOUNTANT)
After another 5-year experience along with fulfilling some more criteria, a member can entitle FCMAB after his name.
5. Minimum Cost for CMA At least 1,00,000+ tk.
6. Exam fee vary from 625 tk to 780 tk. For Correspondence path, you have to count 1000tk fine if you fail to submit assignment. For coaching route, you have to attend at least 75% classes to avoid 1000tk fine.
7. It is and professional degree. So, you may have to read more than 2 books.
8. You may get exam result within 50 to 60 days after completing exam.
9. Admission is validated up to 10 years. Average duration to time to pass CMA is 4 to 6 years.
10. You will get advantage if you are strong in English.
11. You can take part exam as many times as you want. There is no time limit for CMA degree.
12. A candidate can admit from any background: Business, Science and Arts.
13. You can submit assignment by hand writing or typing. This depends on instruction. You can get assignment topics in your ERP system. But you have to submit within deadline.
14. You can get 15 to 30 classes in coaching system. That may cover you basic.
15. ICMAB has adapted CIMA UK syllabus from 2021. So, you can read CIMA UK books.
16. After completing the CMA degree, you can take ACCA degree after passing 5 more subjects.
17. ACCA has 13 subjects. You will get 8 to 9 subject exemptions. ACCA, CIMA will help you to do job in foreign countries.
18. You will get 11 subjects exemption out of 17 subjects for CA if you have completed CMA. Moreover, you have to do 2 years articleship instead of 3 years. Please read this notice for reference
19. CMA current members about 1600+-. Nearly 30% of members are settle in foreign countries.
20. What are the importance of CMA degrees?
For building a sustainable corporate career in Accounts, Costing, Finance and Auditing, CMA is one of the best professional degrees in Bangladesh. For Management and Cost Accountant career, CMA is the number one best professional degree in Bangladesh. You can Read: Why should you study for CMA (ICMAB) degree in Bangladesh?
21. What are the main benefits of CMA degree?
A jobholder can do a world class professional degree like CMA along with full time job. For CA degree, initially, a candidate can’t maintain day job along with CA degree. So, CMA is the best choice for jobholders.
22. What is the admission procedure of CMA degree?
ICMAB circulates two sessions admission each year- one is January – June session and another one is July – December session. A student can admit one of two sessions. There are two entry routes to admit in CMA degree. Coaching entry route for full time students and Correspondence path for jobholders.
23. What are the requirements of admission?
Minimum qualified Grade for SSC and HSC is 6.5 out of 10 for intermediate entry route and 6 points for graduate entry route. for details, you can read ICMAB Entry Criteria for learning details. For admission, a student has to pay 28500 for foundation level entry.
24. What documents do you need for admission?
You need to submit the following documents such as photocopies of all certificates and transcripts, one copy passport size photo and two stamp size photos. He may pay admission fee both online and offline. Read how to admit by online admission system.
25. What are the entry routes of CMA?
CMA has both intermediate entry route and graduate entry route. A student can admit immediately after passing HSC exam in foundation level. On the contrary, graduate level entry opens for all who have passed graduation.
26. Exemption Policy of CMA
All public universities students who have completed BBA and have qualified CGPA are eligible for maximum 3 to 6 courses (500 marks) exemption.
Moreover, some selected private universities’ students are eligible for exemption. Learn more about exemption policy by following the link http://icmab.gov.bd/14764-2/
If you admit after Intermediate or running honors, you have to study 20 subjects for 2000 marks.
If you admit after completing BBA you can get maximum 3 to 6 courses exemptions. And you have to pass 1700- 1500 marks to become a qualified member of CMA.
If you have BBA on Accounting, Finance, Marketing, Management and have at qualified CGPA, you can easily get 3 to 6 subjects exemption.
27. What is mean partly qualified in CMA?
There is no certificate for partly qualified. Even there is no specific courses requirements for partly qualified. Generally, if you can pass at least 1000 marks, you may say that you are partly qualified because many job circulars ask for 1000 marks completeness as partly qualified. You will get testimonial from ICMAB to prove yourself as partly qualified.
28. How many times do exam take in CMA each year?
Three times in a year. 1. January/February; 2. May/ June; 3. September/October. But you have to seat for exam after six months if you have admitted for the first time. After that you can seat for exam for 3 times in a year.
29. How many levels in CMA?
5 levels: Foundation Level, Intermediate Level1 &1 and Advanced Level 1 & 2. Each level has 400 marks and has 4 courses.
30. How many students pass CMA exam each year?
You can read students statistics to learn how many students pass each year.
31. Why do you get exam question of CMA
You can learn exam questions pattern to get exam questions ideas. Morever, you can get previous years exam questions in ICMAB website and Library.
32. How can you get CMA syllabus?
Go through this link to get syllabus of 2021.
33. What is CMA space?
It is a platform where a student can get recorded classes and can see by log in CMA space by ERP system.
34. What is E-Library?
ICMAB provides E-Library facilities to its registered students.
35. Is it possible to admit for a job holder? If it is then what is the procedure for the admission?
Yes, a jobholder can admit in CMA. A jobholder can admit through correspondence path. To attend in the classes isn’t mandatory for correspondence admission.
36. Is there any chance to attend evening classes?
Yes. Most of the classes are scheduled in evening. For example, 6 pm to 9 pm.
37. If I fail a subject at one level, will I be able to admit to the next level?
You can run maximum two levels at a time. So, if you fail in one level, you can take subjects from another level. But you have to complete first two levels to admit third level. Similarly, you have to pass two and three levels to admit fourth level and so on.
38. What is the pass mark in each subject?
Pass marks are not disclosed by ICMAB authorities. So, no one can surely say the passing marks level except CMA exam committee. Also passing marks vary from one session to another.
39. Which level is to be admitted by completing BBA or MBA?
You have to admit foundation level. Latest syllabus allows all students to start with foundation level.
40. Government job vs CMA which is better
CMA is not a govt job. It is one of the best professional degrees in Bangladesh for corporate job holders who want to build career in finance, accounts, costing and audit department.
41. What is the difference between the two- coaching and correspondence?
Actually, there is one major difference between coaching and correspondence path. In coaching entry, a student has to attend at least 70% classes to avoid fine. In correspondence entry, a student needs to submit assignment.
Otherwise he has to count fine 1000 tk per subject to attend the exam. Specially, coaching entry is suitable for full time students and correspondence path is suitable for jobholders. Join the group CMA (ICMAB) Community Bangladesh
42. What need to admit for CMA?
You can admit both online and offline method. For foundation level admission, you have to pay 28500 tk. You should better to follow offline method. Go to nearest CMA office with the photocopy of all academic certificates and transcripts, 1 copy passport size photo and 2 copy stamp size photos along with original copies.
43. How can I get previous year questions paper to get ideas about exams?
You can get previous year questions in ICMA website.
44. What are the exam procedures or rules?
First of all, you have to registered courses for exam by paying exam fee. Then you will seat for exam. For 100 marks, you have 180 minutes to attempt all the questions. You will get full course plan in CMA manual which will provide after confirming your admission.
45. How many students have pass in a year?
Merely small number of students qualify in exam. You can see exam result to get ideas.
46. Do all exams consist of MCQ or have written exam too?
Both MCQ and written part in exam. MCQ is less weight than math, case studies and others part.
47. My professional BBA is running. Can I start CMA degree?
Yes, you can. For this, you have to enter through intermediate route. So, you will not get any exemption any subject. You can start with BBA if you don’t read in public universities or selected private universities. My suggestion to you, you should start CMA after BBA program
48. What are the Advantages of Coaching Entry Route?
1. Class facility by reputed teacher;
2. Library facility. You can use library for group study
3. Networking with seniors who are doing corporate jobs
4. Learning directly in physical class by asking question
49. What is the total number of courses in CMA?
2000 marks.
50. How many labels of CMA?
5 levels. Each level has four courses and each course has 100 marks in total.
51. How much is the cost per label?
See the details in fee and charge of CMA degree.
52. Do I need admission test for CMA admission?
No. you need minimum 6 points-that may vary from time to time- for admission directly.
53. Do I attend regular class?
For coaching route, you have to attend at least 70% classes to avoid fine. But, classes are necessary for correspondence admission.
54. How many days are classes taken in week?
You should see the class system so that you can understand the classes schedule.
55. Can an engineering or arts background do the CMA degree.
Yes.
56. Will an engineering or arts background student get any exemption?
Depends on the courses they have studied
57. Will a National University student get exemption?
Yes.
58. How to calculate minimum points?
Minimum points calculation system for eligibility.
59. Why do I get study material?
From CMA Professional Program Handbook, you will get all study material details.
60. What is the difference between the two? Coaching and correspondence please.
Coaching path is suitable for full time students. On the other hand, correspondence path is for full time jobholders. You can attend in classes even you admit correspondence path.
For details about courses plan, you should admit and collect CMA manual.
61. Why should I go for admission?
You have to go CMA any branch for completing admission procedure. Join the group CMA (ICMAB) Community Bangladesh
62. How can CMA degree help my banking career?
CMA doesn’t directly help you in banking career. But CMA will create extra advantage to you, such as promotion priority. As you will more qualified than your co-workers, you will get extra favor from upper management.
Moreover, you can earn extra income by doing part time job, such as part time agreement with company for cost audit or cost control. But for banking career, it is better to get chance in BIBM for (MBM) degree.
63. After completing CMA, will I get BBA equivalent certificate?
NO.
So far, I know ICMAB does not say about this. CMA has two entry routes- intermediate and graduates. ICMAB doesn’t circulate BBA equivalent degree if anyone completes CMA. If you want to know more, you can contact with CMA education Department. So far, I know, they may not such facility.
64. How many students every year pass CMA exam?
See the students’ statistics to get the answer.
65. Do I need private to pass exam?
It’s up to you. If you can’t cover your syllabus by yourself, you can take help from others. You can also join our group to get guidelines.
If you have more common questions about CMA Bangladesh, please ask in comment section.
66. Exam fee 625 to 780.
For fees and Charges, follow the link http://icmab.gov.bd/fees-and-charges/
Above information may vary from time to time. So, follow ICMAB website to get update information.
https://icmab.gov.bd/
Read in Bangla...
1. ICMAB (Institute of Cost & Management Accountants of Bangladesh)
প্রতিষ্ঠান থেকে
CMA(Cost & Management Accountants)
ডিগ্রিটা প্রদান করা হয়।
2. একজন স্টুডেন্ট সব সাবজেক্টে পাস করার পর তিন বছরের ওয়ার্কিং এক্সপিরিয়েন্স দেখাতে পারলে তাকে ACMA= ASSOCIATE COST & MANAGEMENT ACCOUNTANT বলে গন্য করে থাকে।
তারপর বছর পাঁচেক পর নিদিষ্ট কিছু বিষয় এবং শর্তাদি পূরন সাপেক্ষে FCMA = FELLOW COST & MANAGEMENT ACCOUNTANT বলা হতে থাকে।
3. ইন্টারমিডিয়েট বা অনার্স চলাকালীন সময়ে ভর্তি হলে2000 মার্কের 20 টা সাবজেক্ট পড়তে হয়।
অনার্সের পর ভর্তি হলে 1700-1500 মার্ক পড়তে হয়, যদি তিনি 3-6 টি বিষয়ে ছাড় পান।
4. Accounting, Finance,Marketing, Management এ অনার্স করা থাকলে এবং Qualified CGPA থাকলে 3-6 টা সাবজেক্ট ছাড় পাবে । তাহলে ওই স্টুডেন্টকে 1700-1500 মার্ক পাস করতে হবে।
5. CMA তে কোনো নির্দিস্ট পাস মার্ক নেই।33 পেলে পাস বা 50 পেলে পাস এমন কোনো নির্দিস্ট পাস মার্ক নির্ধারন করা নেই। প্রশ্নের সহজ কঠিনের উপর ভিত্তি করে প্রতি এক্সামে পাসের নম্বর চেঞ্জ হয়। পাস মার্ক কত কোনো স্টুডেন্ট বলতে পারে না। এক্ষেত্রে খুবই গোপনীয়তা রক্ষা করা হয়।
6. বছরে ৩ বার পরিক্ষা হয়। জানুয়ারি মে আর সেপ্টেম্বর।
7. সব মিলিয়ে খরচ হয় 1,00,000+ টাকারও কম। সরকারি প্রতিষ্ঠান তাই কম খরচে পড়ার ব্যবস্থা।
8. সাবজেক্ট প্রতি এক্সাম ফি 625 থেকে 780 টাকা সর্বোচ্চ। আর করেসপন্ডনসে ভর্তি হলে এসাইনমেন্ট জমা না দিলে প্রতি সাবজেক্টে1000 টাকা জরিমানা দিতে হবে।
আর কোচিং এ ভর্তি হয়ে ক্লাস 75% এর নিচে হলে প্রতি সাবজেক্টের জন্য 1000 টাকা জরিমানা দিতে হবে।
9. দুইটা প্রদ্ধতি আছে ভর্তি হওয়ার যেকোনো একটা গ্রহন করা যায়।
কোচিং প্রদ্ধতি আর করেসপন্ডনস প্রদ্ধতি।
কোচিং প্রদ্ধতিতে ভর্তি হলে ক্লাস করতে হয় 75 % এটেনডেন্স দরকার হয়। সম্ভব না হলে করেসপনডেন্সে ভর্তি হতে হয়। এক্ষেত্রে ক্লাস না করলেও চলে তবে প্রতি সাবজেক্টের এসাইনমেন্ট জমা দিতে হয়।
এসাইনমেন্ট না দিলে বা ক্লাস না করতে পারলে প্নতি সাবজেক্টে 1000 টাকা জরিমানা দিলে এক্সাম দিতে পারবে।
10. CMA প্রফেশনাল ডিগ্রি। এটাকে অনার্স মাস্টার্সের সাথে তুলনা করা যাবে না। গতানুগতিক পড়াশোনার চেয়ে এখানে বাড়তি কেয়ার নিয়ে পড়াশোনার দরকার হয়। প্রতিটি সাবজেক্টের জন্য একাধিক বইয়ের দরকার হয় বা পড়তে হয়।
অংকের সাবজেক্টের জন্য অনেক সময় পাঁচটা থেকে সাতটা বইও পড়া লাগতে পারে।
11. এক্সামের50 - 60 দিনের মধ্যে সাধারনত রেজাল্ট দিয়ে দেয়। রেজাল্টে মার্ক ব্যবহার করা হয় না। গ্রেড ব্যবহার করা হয়। এই গ্রেড অন্য যেকোনো গ্রেড থেকে আলাদা।
12. মূলত অনার্সের পর দুই বছরের কোর্স বলা হলেও এভারেজে4 থেকে 6 বছর লেগে যায় একেকজন স্টুডেন্টের। ভর্তির সময় রেজিস্ট্রেশনটার মেয়াদ দেয়া হয় 10 বছর। কারো কারো10 বছরের উপরে লাগে তাদের পূনরায় রেজিস্ট্রেশনটা করতে হয়।
13. মোট5 টা LEVEL পড়তে হয়।
Level 3 পর্যন্ত কেউ পাস করতে পারলে সে নিজেকে PARTLY QUALIFIED বা CMA(INTER) বলে দাবি করতে পারে।
14. লাইব্রেরি ইউজ করতে চাইলে ভর্তির পর লাইব্রেরিতে যোগাযোগ করে লাইব্রেরি কার্ড তৈরি করে নিতে হবে।
প্রতিবছর লাইব্রেরি কার্ড রিনিউ করতে হয়। বাৎসরিক রিনিউ খরচ হবে 300 টাকা।
এছাড়া লাইব্রেরি ইউজে আর কোনো খরচ কখনোই দিতে হয় না। লাইব্রেরিতে অসংখ্য বই আছে সেগুলোও ইউজ করতে পারবেন।
15. সম্পূর্ন পড়াশোনা লেখা ইংলিশে, সুতরাং ইংলিশে দুর্বলতা থাকলে সমস্যা হতে পারে।
16. যেকোনো সাবজেক্টে ফেল করলে আজীবন এক্সাম দেয়া যায়। বয়স লিমিটেশন বলে কিছু নেই। যেকোনো বয়সে যেকেউ ভর্তি হতে পারেন। ভর্তির জন্য কোনো এক্সাম দিতে হয় না।
17. ইন্টারমিডিয়েটের পর ভর্তি হতে চাইলে SSC + HSC মিলিয়ে8 (আট )পয়েন্ট থাকতে হবে। আট পয়েন্ট না থাকলে ভর্তি হতে পারবে না।
আর যেকোনো সাবজেক্টে অনার্স করলেই সিএমএ তে ভর্তি হওয়া যায়। সাইন্স আর্টসের অসংখ্য স্টুডেন্ট সিএমএ করছেন বর্তমানে।
18. এসাইনমেন্ট কিভাবে লিখতে হবে এটা ICMAB এর ওয়েব সাইটে দেয়া আছে। গুগলে সার্চ দেবেন- "ICMAB ASSIGNMENT" আশা করি পেয়ে যাবেন।# ASSIGNMENT FILE আপনারERP একাউন্টে ভর্তির পর সেন্ট করবে।ERP তে ফাইলগুলো আসার পর থেকে ত্রিশ দিন সময় পাবেন এসাইনমেন্ট হাতে লিখে জমা দেওয়ার।
ডেট ওভার হয়ে গেলে জরিমানা দিতে হবে।
19. ICMAB এর আছে সমৃদ্ধ একটা ওয়েবসাইট - icmab.org.bd
সমস্ত প্রশ্নের উত্তর এই ওয়েবসাইটে পাবেন।
দরকার একটু সময় দেয়া।
20. ভর্তির পর আপনাকে একটা রেজিস্ট্রেশন নম্বর দেয়া হবে। ERP তে একটা একাউন্ট পাবেন যা পাসওয়ার্ড প্রটেক্টেড। আপনার সমস্ত ডিটেলস ওখানে থাকবে। যেমন পাস, ফেল, এসাইনমেন্ট, ফরম ফিলাপ, পেমেন্ট রেকর্ডসহ অনেক তথ্য পেতে থাকবেন।
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21. ICMAB এর মূল ব্রান্চ হলো ঢাকার নীলক্ষেতে, কাটাবন রোডে। এছাড়া খুলনা, চট্টগ্রামে ব্রান্চ আছে। রাজশাহী, কুমিল্লা, যশোরে আছে স্টাডি সেন্টার। যেকোনো একটাতে ভর্তি হলেই হয়- পড়াশোনা সম্পূর্ন নিজেকে করতে হয়।
কোচিং প্রদ্ধতিতে ভর্তি হলে 1
5 বা30 টা ক্লাস হয় যাতে একজন স্টুডেন্ট বেশি হলে বেসিকটা ধরতে পারে। শুধু ক্লাস করে সিলেবাস কভার করা সম্ভব না
22. ICMAB এর নতুন সিলেবাসটা CIMA UK এর সিলেবাসকে এডপ্ট করেছে। সুতরাং আমাদের CIMA UK এর ওই সিলেবাসের বইপত্র পড়তে হয়।
25. CMA কমপ্লিট করে 5 টা সাবজেক্ট পাস করলে ACCA ডিগ্রিটা নেয়া যায়।
ACCA তে13 টা সাবজেক্ট 8 থেকে 9 টা ছাড় পাবেন। বিদেশ যাওয়ার প্লান থাকলে ACCA, CIMA এসব ডিগ্রি খুবই হেল্পফুল।
26. CMA এর পর CA করা যায়। CA তে 11 সাবজেক্ট ছাড় পাবেন এবং আর্টিকেলশীপের সময় তিন বছরের জায়গায় দুইবছর করতে হবে।
27. অনেক জিজ্ঞাসা করেন প্রাইভেট পড়তে হয় কিনা-
অনেকে প্রাইভেট পড়েন আবার অনেকে নিজে নিজে পড়েই পাস করেন। সবার মেধা একরকম না। প্রাইভেট পড়ার চেয়ে গ্রুপ স্টাডি বেশি সহায়ক বলে মনে করি।
28. ক্লাস হয় সাধারনত সন্ধ্যার পর । যেকেউ ক্লাসে এটেন্ড করতে পারেন। করেসপন্ডনসে ভর্তি হলেও ক্লাস করতে বাধা নেই।
29. ভর্তি থেকে শুরু করে সমস্ত পেমেন্ট করতে হয় ব্যাংকের মাধ্যমে- "Bank Asia" তে। পুরোপুরি স্বচ্ছতা এক্ষেত্রে রয়েছে এবং টাকা ব্যাংক রিসিভ করলে পোস্টিং যথাযথ করার পর আপনার দেয়া নম্বরে পেমেন্ট রিসিভের এসএমএস আসবে এবং ইমেলে কনফার্মেশন মেসেজ পাঠাবে। সবশেষে ERP তে সমস্ত পেমেন্ট রের্কড থাকবে শুরু থেকে শেষ পর্যন্ত।
30. সবমিলিয়ে বর্তমানে সিএমএ মেম্বারের সংখ্যা 1600+- জন। এই সংখ্যাটা বিগত 42 বছরে তিল তিল করে গড়ে উঠেছে !!! 1, 2 , 3, 4 , 5 এভাবে। বাংলাদেশে 1977 সাল থেকে এই ডিগ্রিটার কার্যক্রম শুরু হয়েছে। 17 কোটি জনসংখ্যার বাংলাদেশে মাত্র 1600 মেম্বার অর্থাৎ সোয়া এক লাখে মাত্র একজন সিএমএ হোল্ডার!!!
31. 1600+- মেম্বারের মধ্যে প্রায় 200 মেম্বার বিশ্বের বিভিন্ন দেশে জব করছেন। তাদের মধ্যে যুক্তরাজ্য, কানাডা, সৌদি আরব, অস্ট্রেলিয়ায় অধিক সংখ্যক সিএমএ হোল্ডার জব করছেন।
32. সিএমএ'র বিগত সালের রেজাল্টগুলো পাবেন ICMAB NOTICE BOARD এ।গুগলে এই নামে সার্চ দিলেও পাবেন। এছাড়া যেকোনো ইনফো- বিজ্ঞপ্তি - পরীক্ষার রুটিন,ফরম ফিলাপের ডেট ইত্যাদি খবরাখবর সব নোটিশ বোর্ডে পাবেন।
Why should you study for CMA (ICMAB) degree?
You should study for CMA (ICMAB) degree in Bangladesh for career growth and social value. When you will complete CMA degree and have 3 years working experience, you can write legally ACMA after your name.
Moreover, a partly qualified student can take testimonial from ICMAB office to prove himself as partly qualified. More importantly, most of the mid- level and upper level finance, accounting, costing, auditing and vat tax jobs want CA or CMA qualified candidates.
You can join our group CMA (ICMAB) Community Bangladesh to learn more about CMA.
Why don’t you get top position in finance and accounting job?
Simply, you may have no professional degree. Few months ago, on LinkedIn, I saw a post- an employee of Unilever Bangladesh, who is going to UK- Unilever Headquarter as manager of Finance and Accounts from Bangladesh. I studied his profile. He is not only an FCA but also an FCMA. Moreover, he has other degrees too!
Now think about Bangladeshi local companies. They also seek CA or CMA qualified members for Finance and Accounts managerial post. So, if you can’t seek the top position in finance, accounting or costing career, you may not have professional degrees. Hence, you should study CMA degree as early as possible.
Why CMA is better than CA?
No doubt, CA is the number one professional degree in Bangladesh. But think about your life. You may have completed higher education. Your family needs your help badly. So, you have to earn. As you have no other choices except entering any job, you have no time to spend another three years for CA articleship program. In this situation, CMA is the best choice for your career.
CMA has both coaching and correspondence entry routes. Moreover, after completing CMA degree, you can start CA degree. In this situation, you will get exemption some courses. For CMA, you can attend classes at the evening after returning from your office.
CMA is number one choice for which career?
For costing and budgeting career, CMA is the best choice. As CMA elaboration holds Cost and Management Accountant, it is the number one choice for those who want to grow with Cost Accountant career. Specially, many companies seek CMA degree holders for budgeting department. Some middle range companies have Costing and Budgeting Department which is flourished with CMA professional. So, you should study CMA in order to build career in costing and budgeting.
Why should you achieve CMA degree?
Now come to the main point. As a fresher, your dream should be skyrocketing! Your main focus is for CFO or CEO. For Chief Financial Officer (CFO) post, CA or CMA is the best choice in Bangladesh. If you are a jobholder, in your company, you may have hardly seen CA or CMA qualified member.
So, if you have this degree, you have high chance to become CFO after 8 to 12 years successful career. Moreover, for Chief Executive Officer (CEO) post, CA or CMA degree will definitely help you. But for CEO post, a world class MBA, specially DU IBA MBA in Bangladesh will provide you extra opportunity.
So, you shouldn’t waste your time by thinking about your career. If you have determined that you will build career in corporate, you should start CMA as early as possible. You can start CMA along with your bachelor degree. In case you have completed 1000 marks along with bachelor degree, you are considered a suitable fresher for any job.
Frequently Asked Questions about CMA
You can learn most common questions and answers about CMA by reading this post.
1. I am serving in accounting department for 10 years. But I don’t satisfy for my position. What should I do now?
As your colleagues are more qualified than you, they will get better position in a decent company. So, you should start professional degree and learn more to grow your career. Considering your situation, CMA is the best choice for you. You must try to pass at least 1000 marks to grow your career.
2. My dream is for CA degree. But my family needs my help. In this situation, should I admit for CMA degree?
Yes. Our families are the first choice. So, try to find a job and admit in CMA. Both job and study are possible. Work hard and try to pass maximum subjects.
3. I have completed BBA in accounting. What is better for me CA or CMA?
Definitely CA, if you have family support. Otherwise, start with CMA.
4. What degree is better between ACCA or CMA?
In Bangladesh, CMA is better than ACCA. Why did I say it? Because you find hardly job circular where employers seek for ACCA professional. Moreover, you will get more than 95% of circulars where job providers have wanted CA or CMA professional.
5. I have recently admitted in a public university for BBA program. Should I start CMA along with BBA program?
If you want to build your career in corporate sector, you should admit for CMA. You can admit by intermediate route, where you will not get any exemption. That doesn’t matter. You have got at least 5 years- 4 years for BBA and 1 year for MBA- to study CMA along with your varsity life.
If you can pass 3 subjects each year as you can seat for exam three times a year, you will pass 1500 marks. Just try to complete 1000 marks to 1200 marks. That are enough for you. After your varsity life, you will have BBA, MBA and partly qualified CMA degree.
So, you can apply most of the jobs and your salary will higher than your classmates’ salary, who enter similar job like you. So, hurry up!!
6. I want to settle in Europe. But My family
wants to stay in Bangladesh. Should I start CMA for professional growth if I decide to settle in Bangladesh?
If you have chance, you should settle in Europe. To be honest, more than 90% of private employees’ earning is not enough to survive properly let alone saving. As they have no saving, they have to face difficulty when they need extra money.
A party qualified CMA or CA cc fresher has to start career from 20k to 30k monthly salary. Many companies have no yearly increment system. Hence, they face hardship to maintain livelihood.
Moreover, uncontrolled price hike is the main culprit to reduce expenses and sacrifice living style. So, if you have chance, go to foreign countries for better living.
Thank you for reading the post. Did you get the answer why should you study for CMA degree? If you have any query why should you study for CMA degree, just comment below. You are welcome to share your thoughts in comment section.
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