CFA stands for Chartered Financial Analyst, and CMA stands for American Certified Management Accountant. Although the English abbreviations of the two only differ by one letter, they are completely different certificates. So what are the differences between CFA and CMA? 1. Conceptual difference CFA is American Chartered Financial Analyst

Analyst is the most stringent and valuable qualification in the global investment industry, and is known as the first financial exam.

It is suitable for people working in the financial industry, such as investment companies, fund companies, securities companies, etc.

CMA is an American Certified Management Accountant. It is one of the three major gold certifications in the field of accounting in the United States. It is also recognized by executives of major companies around the world. It is an international certification for a new generation of financial managers, known as Mini-MBA.

2. Differences in acquiring skills. CFA is a chartered financial analyst, which focuses on financial analysis and cultivates candidates' abilities in investment analysis, investment portfolio strategies, asset allocation and corporate financing.

CMA is an American Certified Management Accountant and an international certification for a new generation of financial managers. Candidates mainly learn professional knowledge in finance, management accounting and strategic management.

3. Differences in exams. The CMA exam is divided into Chinese exam and English exam. It mainly tests two subjects, namely: Part 1 "Financial Reporting, Planning, Performance and Control" and Part 2 "Financial Decision-making".

The CFA exam content is divided into three different levels, namely Level I, Level II and Level III. The exam language is all English.

4. Differences in employment directions: CFA is mainly oriented to fields related to financial analysis and investment management. Employment directions include: investment bankers, portfolio managers, securities research analysts, etc.

CMA covers many aspects such as finance, marketing, management, and business. The employment directions are management and cost accounting, financial accounting, financial risk manager, management consulting and performance management, etc.

The biggest difference between CFA and CMA is that one certificate is more focused on finance and the other is more focused on accounting.

When thinking about which certificate is more suitable for you, you must put your future work planning as the top priority so that the certificate can better serve your work.