CA and CIMA: Exploring Pathways, Recognition, and Career Opportunities

What makes a difference in CA and CIMA? This is the most asked question of the student. to make it simple we have differentiated from different aspects.

CIMA - was formerly known as the Professional qualification, has 3 levels of progression such as operational, management, and strategic levels.

CA - considered to be one of the toughest examinations, it has 3 levels namely the CPT, Intermediate, and the Final level.

CA is recognized by the ICAI, India, and anyone who wishes to practice the most coveted positions in the country has to complete CA.

CIMA is recognized by the Chartered Institute of Management Accountants and anyone can study the CIMA course.

If you are a qualified CA, you are entitled to own the prestigious positions of a financial firm such as Financial manager, auditor, and chartered accountant.

Once you are qualified in CIMA, you are open to a broad range of opportunities as it does not stop itself with calculation, number crunching, and so on.

If you are a chartered accountant, the average salary of a CA in India ranges somewhere between 7 Lakhs and 30 Lakhs.

The average annual salary of a CIMA professional in the USA might be about $65k and experienced professionals might earn up to $100k per year