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IMA Releases First International Salary Survey

Monday, March 3, 2014

Marc Gerrone
IMA
(201) 474-1502
mgerrone@imanet.org

Ryan Bartholomew
Stern + Associates
(908) 276-4344, x-221
ryan@sternassociates.com

Global Report Finds Accountants’ Salaries Increase with Certification   


Montvale, NJ 
Reflecting the significance of the global marketplace, IMA® (Institute of Management Accountants) has released its first ever International Salary Survey. In every region the global accounting association surveyed, professionals holding the CMA® (Certified Management Accountant) credential had greater earning power than non-CMAs. With responses from nearly 2,500 individuals, IMA’s survey is an accurate representation of its member base and a true measure of the management accounting community. To view the survey, visit: http://bit.ly/1hIPZ1z

Published in the February edition of Strategic Finance, the report surveyed members from IMA’s Asia/Pacific, Europe, Americas (excluding the United States), and Middle East/Africa regions. It found, globally, CMA holders earn an average of 45 percent more in annual salary and 48 percent more in annual compensation than noncertified peers, reinforcing the benefits of certification. Moreover, nearly half of all respondents reported receiving a raise within six months prior to the survey. 

“The International Salary Survey underscores the benefits of professionals achieving CMA certification as a way of enhancing, validating and promoting their skills,” said Dr. Raef Lawson, CMA, CPA, IMA vice president of research and professor-in-residence. “As IMA continues to expand internationally, the tangible benefits that the CMA credential provides management accountants is clear.”

The CMA’s earning power is universally consistent, with its impact seen even at the earliest career stages (ages 19 to 29). The average total compensation for CMA-certified young professionals was 30 percent higher than their noncertified peers. 

Earlier this year, IMA released its Annual Salary Survey of the U.S., which reveals similar benefits of certification. To view the highlights, visit: http://bit.ly/1lju6e8.  

About IMA® (Institute of Management Accountants)

IMA®, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through research, the CMA® (Certified Management Accountant) program, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of more than 70,000 members in 120 countries and 300 professional and student chapters. IMA provides localized services through its offices in Montvale, N.J., USA; Zurich, Switzerland; Dubai, UAE; and Beijing, China. For more information about IMA, please visit www.imanet.org.

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