Salary and Job Prospects of CMA
The typical salary range for a Certified Management Accountant (CMA) in India spans from 4 to 12 lakhs annually, averaging around 6–8 lakhs per year. However, this figure is subject to variation based on several factors, including experience, location, industry, and job description. Fresh CMAs entering off-campus placements can expect a starting package of up to 27 lakhs per annum, and with accumulated experience, the highest salaries can reach an impressive 55 lakhs per annum. Salaries for CMAs also exhibit disparities across industries in India, with the oil and gas sector offering the highest remuneration at 19 lakhs per annum, followed closely by IT services and consulting at 10.1 lakhs per annum.
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