According to Institute of Management Accountants (IMA), accounting professionals are the most paid persons in the UAE’s Middle East region.
The accounting professionals who has advbaced degrees earn more compared to others who has only baccalaureate degrees.
So we are listing top qualifications to boost your career.
1. Chartered Accountant
Institute of Chartered Accountants of India (ICAI)
Achieving a chartered accountant qualification might be a hectic and time-consuming process, but this will give you a constant and permanent career heights if you are in the UAE. ICAI has chapters in the UAE, allowing its qualified professionals to practice in the UAE successfully. Your income increases with your year of experiances.
Steps
The time taken to complete Chartered Accountancy is around three to five years. Common Proficiency Test or CPT is a preliminary assessment to valuate your commerce and accounting capabilities. You can try CPT after passing out from school (grade 12).
2. Certified Management Accountant (CMA)
CMA – Association of Accountants and Financial Professionals in Business (US)
CMA is highly chosen by the by people at mid-level positions because it extend your accounting career to the level. The format of exams and classes are flexible for working professionals so that they dont want to quit the jobs to achieve the certificate. You will also get a membership in the Institute of Cost Accountants of India (ICAI) if you have the CMA outside of India.
Steps
Any graduate can apply for the CMA degree. The exam pattern has two divisions and minimum experience required is two years. The exams are conducting annually.
3. Chartered Certified Accountant
ACCA – Association of Chartered Certified Accountants (UK)
ACCA is almost equivalent to Indian CA in terms of its difficulty levels and subjects. This is also a great option for working professions and it provides more job opportunities in Middle East.
Steps
The certification has a foundation level program prior to the real ACCA qualification. The fresh candidates or who had a study breaks can go for foundation level. After this they can get junior level experiences and then move on to the ACCA program. It requires three years of experience and the exam has overall 14 exams based on the previous taken courses.
4. Chartered Global Management Accountant
CIMA – Chartered Institute of Management Accountants (UK)
CGMA is a famous accounting course concentrated on management along with cost accounting. It gives online portals and self-study assistance for candidates who want to gain the degree as they earn.
Steps
There are two levels to get the CIMA degree along with an experience of three-years. It also has foundation level for freshers.
5. Master of Business Administration (Finance)
MBA is the basic degree required for most of the companies. So that we recommend the professionals who has bachelor’s degrees in commerce can go with the MBA which will give you more professional edge.
There are lot of distance and correspondence MBA courses, only thing you need to make sure is that you get the degree from an accredited university. You can also consider taking a year off to get an executive MBA from a reputed university, which is focused towards working professionals with an intensive one-year program.
Steps
Any graduate can join for MBA course. Correspondence courses includes online or weekend classes with yearly exams.
Others
Chartered Financial Analyst (CFA) is also one of the course finance professionals can apply for.