Quick Answer: Is There Any Exemption For CMA Students In CS?

What is the salary of CS?

Pay Scale/Salary of Company Secretary (CS)Job ProfileStarting Salary per annum (in INR)Senior Level Salary per annum (In INR)Company SecretaryRs.


9,00,000 – 12,00,000Legal AdvisorRs.


10,00,000Principal SecretaryRs.


9,00,000 – 12,00,000.

What is exemption in CMA?

Exemption [First Method] The student is exempted from appearing in the paper in which he obtains the high marks. … A candidate who obtains more than 60% of marks in any paper or papers shall be exempted from appearing in that paper in the subsequent examinations.

How can I get exemption in CS executive?

After login student will click on module, then will click on Subject Exemption and click on link “Apply for Qualification Based Exemption Request”. 3. On the page opened, as per eligibility student will view only those subjects on which he/she is entitled to apply for exemption as per course and syllabus.

How do I pass CMA in first attempt?

Here Are My Top 10 Tips for Passing the CMA Exam on Your Very First Try!Learn Your Study Style. … Don’t Just Buy a Review Course – Use It. … Give Your Brain a Break. … Get a Study Buddy. … Simulate the Exam Experience. … Make the Multiple Choice Section Work For You. … Dominate the Essay Section. … Focus on Your Health.More items…

Is CS or CMA better?

However, the main focus of CA is Finance, Auditing and Tax. The main focus of CMA is the in-depth study of Cost and Management Accounting whereas CS gives you a detailed study structure for Company Law and Company Secretaryship.

What is the salary for CMA?

Ever wonder what the average CMA salary is? According to the Association of Accountants and Financial Professionals in Business, the base median salary in the U.S. for 2019 was $100,000. Including bonuses and compensations, the average net income for a CMA employee received is $107,817.

Which degree is best for CMA?

In order to become a CMA you must earn a Bachelor’s Degree from an accredited university or college. You can also do so by getting a professional certification. CMA candidates often come from varying backgrounds, but the most common degrees include accounting, finance, economics, and general business.

What is the future of CMA?

Cost and Management Accountancy has not been a popular course in India. It is considered almost equivalent to Chartered Accountancy, but has been struggling for a long time when it comes to scope and salaries. This is because a CMA is primarily required in large production or services companies.

Is CMA equal to CA?

The CA program primarily deals with accounting, taxation, law, audit, and finance. Meanwhile, the CMA course deals with cost accountancy, cost management, corporate finance, economics, performance management, internal controls, decision analysis, financial reporting, strategic planning, and organizational management.

Can I do CMA and CS together?

Can I do CS and CMA simultaneously? Yes, you can do CS and CMA simultaneously. Together they form a good combination. However, it is not recommended to do them simultaneously.

Is CMA hard to pass?

Based on CMA pass rates alone, I’m not surprised that many potential candidates are put off from wanting to tackle this exam. In fact, the majority of candidates don’t get a passing score. With CMA exam pass rates as low as 45% for Part One and also 45% for Part Two, there is obviously a high level of difficulty.

Is there any exemption to CA after clearing CMA?

ANSWER (1) There are no exemptions in CMA after clearing CA exams, apart from one exemption which is, a CA pass out or an IPCC pass out is not required to give CMA foundation. So, you are only eligible to take direct entry in intermediate exams and have no need to give the foundation exam.

How many papers of ACCA are exempted after CMA?

7 papersAs a CMA member you will be exempted from 7 papers in ACCA.

Which college is best for CMA?

NDCB-Nagarjuna Degree College BangaloreNDCB-Nagarjuna Degree College Bangalore.Acharya Nagarjuna University.Bangalore, India.cma-certified management accountant.

Which is best CA or CS?

In most cases, there isn’t a point to get both of these certifications. Both credentials offer different opportunities, but in most cases a CA can do everything that a CS can do. Thus, if you are going to get one certification, you are better off just becoming a chartered accountant.

What is CMA salary per month?

CMA Salary Based on DegreesDegreeAverage Salaries(Per Annum)Master of Commerce or MCom₹ 587,000 – ₹ 1,600,000MBA or Master of Business Administration, Accounting, Finance₹ 450,000 – ₹ 1,650,000Bachelor of Commerce₹ 124,516 – ₹ 1,610,731Bachelor of Commerce, Accounting and Finance₹ 292,332 – ₹ 2,153,6765 more rows•Nov 16, 2018

Is CMA harder than CA?

CA is tougher than CMA in terms of syllabus content. But the number of CA pass-outs always remains better than the number of CMA pass-outs. CMA is much more oriented towards cost and accountancy whereas in CA, you study certain other subjects as well. … CA is tougher than CMA in terms of syllabus content.

What is the salary of CMA in India per month?

Freshers, who clear the CMA exam in the first attempt, can get a starting salary of Rs 7 lakh per annum on an average. These numbers can go as high as Rs 20 lakh, too. Those who clear the CMA exam in the second attempt can start off with an average annual package of Rs 3-4 lakh.