Interesting Insights About CMA USA Accounting Salary In Saudi Arabia

Interesting Insights About CMA USA Accounting Salary In Saudi Arabia

Interesting Insights About CMA USA Accounting Salary In Saudi Arabia:-

US CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional ethics – making you the preferred choice of the potential employers. CMA certification is widely accepted in India and in the job markets of US, Canada, Europe, Middle East and China.

There are certain requirements that most professional finance qualification holders need to fulfill in order to maintain their professional competence and to enhance their ability to perform well in the ever changing business scenarios. This holds true for the Certified Management Accountants (CMA) certified professionals as well. They need to fulfill the CMA CPE (Continuing Professional Education) requirements specified by IMA on a yearly basis.

Interesting Insights About CMA USA Accounting Salary In Saudi Arabia

About US CMA Course:-

The US CMA® Course is globally recognised, advanced-level credential appropriate for accountants and financial professionals in business. Achieving the US CMA demonstrates your professional expertise in financial planning, analysis, control, decision support, and professional
ethics – skills that are in demand by organisations around the world. The US CMA is offered by the Institute of Management Accountants (IMA) USA and the content is regularly reviewed by the Institute of Certified Management Accountants (ICMA).

It’s offered since 1972 and has certified 40,000 professionals. US CMA® enhances the value that you bring to your current position, or expand your career potential, it will help you set the standard for professional excellence.

The CMA Exam has a unique scoring system that can sometimes be confusing for candidates. Here’s everything you need to know to correctly interpret your CMA Exam score.

Interesting Insights About CMA USA Accounting Salary In Saudi Arabia

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As the number of IMA members increase in the Middle East, the IMA is able to gather enough data to create country-specific salary reports on several countries in the region, including the Kingdom of Saudi Arabia (KSA).

Interesting Insights About CMA USA Accounting Salary In Saudi Arabia

Profile of a Saudi Arabian Accountant in the Survey

Similar to the findings in UAE and Egypt, the respondents of the survey are more likely to be male (73%). All of them have bachelor degree and 58% of them are CMA certificate holder. The average age is 37, comparable to those from the Middle East, but slightly younger than the global average.

The average salary among the respondents in Saudi Arabia is US$49,189 and compensation (meaning basic salary and benefits) is US$67,387. As you can see from the chart above, both metrics are higher than the global average by a considerable degree.

The median salary and compensation is also higher than the global average, but to a lesser extent. This shows that there are certain professionals in KSA who are paid substantially higher and they pull up the country average. In general, we should focus on the median figures to find out the salary level of a typical Saudi Arabian professional.

Interesting Insights About CMA USA Accounting Salary In Saudi Arabia

In terms of actual and expected salary raise, 63% of respondents received an income increase this year, and 75% expect so next year. The average increase this year is 13%, which is similar to the level in UAE and Egypt. Unlike Egypt, however, the inflation remains low at 3-5% in recent years. This means the employees generally enjoy a considerable salary raise in real terms.

Interesting Insights About CMA USA Accounting Salary In Saudi Arabia

Other benefits of certification

The advantages of doing CMA is not only limited to the salary premium that the respondents have got. There are several other advantages which they are happy about.

  • 90% of the respondents strongly feel that the CMA designation has given them access to better career opportunities.
  • 90% have agreed that the CMA designation has helped them to move across different departments of the company they work for.
  • 88% have sad that they have got some significant advantages and negotiating power while discussing pay packages with prospective employers.

Not surprisingly, 94% of the respondents of the survey who are not yet CMAs already have said that they would definitely want to get themselves certified soon, in order to get access to this benefits that the CMAs receive.

The survey clearly shows that the opportunity and scope of CMA as a qualification is on a rise in the Kingdom of Saudi Arabia. The awareness of students about the qualification and the acceptability of the qualification among the companies is on the rise. if you are living in KSA and planning to go for the CMA certification, then this is a golden time. You can get certified and jump on the bandwagon early before the market becomes too crowded and the competition goes up significantly.

Interesting Insights About CMA USA Accounting Salary In Saudi Arabia

Use following books for CMA Inter

Try and get these books for your preparation.

To search more books visit

Preparing for CMA USA? - Must read below
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better. Watch demo videos below -

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