Cost Manager Salaries in India
The average salary for Cost Manager is ₹10,92,215 per year in the India. The average additional cash compensation for a Cost Manager in the India is ₹59,378, with a range from ₹21,324 - ₹3,30,415.
Annual Packages of Cost Management Accountants in Government Jobs
Government positions are also open to cost and management accountants.
The government positions available here pay CMA salaries.
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CA vs CMA
CA and CMA are fascinating courses with their place and value in the corporate world.
However, both courses are considered to be the toughest.
If you choose between CA and CMA, you must be interested in numbers.
Let’s see the fundamental difference between CA and CMA in the table: Know: Complete CMA course details
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CMA Monthly Salary in India 2023
According to the ICMAI, the average salary of a fresher CMA in India is Rs 10 Lakh.
However, in the year 2023, we have seen the salary raise of CMA by 30%.
Further, check the table below to know the highest, lowest and average salaries of CMA in India.
Moreover, your attempt to complete the CMA exams and your secure rank will also impact your salar.
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CMA Salary in India Based on Different Factors
Cost management accountants’ pay is based on a variety of criteria, including their position, location, industry, level of experience, and company.
You will learn about a CMA’s earnings based on many aspects in the section that follows.
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How much do construction managers make in India?
Handsome starting salaries between £23,000-30,000 (INR 23-30 lakh approx) per year for skilled graduates.
Basic salaries of experienced construction managers start from £44,000 per annum (INR 44 lakh approx).
With further experience and career growth, this may grow to a whopping £124,000 (INR 1.24 crore approx).
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How much does a business manager make in India?
Some of the primary domains a business manager work in include- management, economics, finance, marketing, and operations.
Coming to the salary, a Business Manager’s salary in India starts from ₹ 3 Lakhs-₹ 5 Lakhs and goes up to ₹ 25 Lakhs-₹ 26 Lakhs [ Source ].
The average annual salary lies somewhere around ₹ 7 Lakhs-₹ 10 Lakhs [ Source ].
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How much does a chief manager make in India?
Chief Manager salary in India with less than 7 year of experience to 22 years ranges from ₹ 8.0 Lakhs to ₹ 30.0 Lakhs with an average annual salary of ₹ 19.3 Lakhs based on 5.2k latest salaries.
Average Chief Manager Salary in Banking Companies, India is ₹ 19.3 Lakhs per year by 13.5k+ employees.
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How much does a cost and Management Accountant make in India?
Very High Confidence means the data is based on a large number of latest salaries.
Cost and Management Accountant salary in India with less than 1 year of experience to 8 years ranges from ₹ 2.5 Lakhs to ₹ 12.3 Lakhs with an average annual salary of ₹ 7.0 Lakhs based on 135 latest salaries.
Confused about your in-hand salary? .
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Role of A CMA in India
As a CMA, he monitors the business’s finances, including revenue and outgoing costs.
He may work for public, private, or governmental organisations.
Strategic planning, decision-making, budgeting, keeping track of finances, and data preparation are daily responsibilities of CMA.
The different duties of a CMA include:.
1) Cost management– They are in.
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Top CMA Companies in India
Many companies hire CMA in India.
The big 4 Companies or the top 4 leading firms for CMA are:.
1) Deloitte.
2) EY India 3.
PwC.
4) KPMG Some other tier-A companies that hire CMA Professionals are:.
1) Amazon.
2) HPE.
3) Accenture.
4) Larsen & Toubro.
5) Wipro.
6) Cyqurex
