CMA Salary in UAE
What is CMA salary in UAE? What will be your worth in current challenging economic situation in the UAE?
There are multiple reasons to study and pass CMA exam in UAE. Salary / Compensation is the most important motivation to study and pass CMA certification. IMA Salary Survey is the most authentic document to seek answers related to trends in compensation and worth of doing CMA certification in UAE.
You will be really excited to read all the benefits of doing CMA in UAE. This post is specifically complied for CMA students in UAE. We highly encourage you to read this post till end.
Average salary for CMAs is 64% higher than that of non-CMAs
CMA Certification holders continue to earn much higher than those without the certification. The average base salary for CMAs is 64% higher than that of non-CMAs. CMAs earn 65% higher in terms of average total compensation when compared with non-CMA certified. Let’s convert these percentages into UAE dirhams by using 3.67 USD/AED conversion rate:
Benefits of Doing CMA in UAE
More then 70% CMAs are holding senior level management to middle level management positions in UAE. This is very motivating factors for those job holder who are working at the same position for long time and do not see future progress. To put in another way, CMA is not only about getting higher salary but also high position in organization. Table demonstrates the worth CMA in terms of job position in UAE:
Value of CMA Certification in UAE
As per CMA salary in UAE survey:
- Eighty-four percent holding the CMA certification in UAE feel it enhances their ability to move across areas of business
- 81% feel their certification creates career opportunities, and
- 74% said it strengthens their position in salary negotiations
The good news is that 64% said it was either very likely or somewhat likely that they would receive a raise next year, with an average expected raise of almost 15%.
CMA Job Satisfaction in UAE
As per IMA salary survey in UAE, more then half of CMAs are either very satisfied or satisfied with their current job. Below chart illustrates which factor in most important for CMA holders:
CMA Future in UAE
UAE is heading towards sustainable economic growth as per IMF. UAE economy is expected to be triple in coming years. This definitely points to brighter days for employees in the UAE. In future demand of CMA is expected to be higher then normal due to VAT in UAE. VAT compliance will encourage employers to hire qualified individuals. This is really the right time for you to start doing CMA certification in UAE before there is more competition. You can contact us for CMA training requirements in Abu Dhabi and Dubai.
Qualified finance professional, diversified experience, passion for learning with ability to guide our students in right directions, are few snapshots of Namita’s portfolio. Namita is a guru in career development consultancy. Reach her at: [email protected]