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Best senior cost analyst certifications
Senior cost analyst certifications allow job seekers to demonstrate their competency as an senior cost analyst to employers. However, not all senior cost analyst certifications provide the same value for job seekers.
The best certifications for a senior cost analyst are Certified Management Accountant (CMA), Project Management Professional (PMP), and Program Management Professional (PgMP).
Below is a list of the best senior cost analyst certifications. Obtaining an senior cost analyst certification will give you a leg up when you apply for jobs and increase your potential salary.
3 best certifications for senior cost analysts
| Rank | Senior cost analyst certification | Organization |
|---|---|---|
| 1 | Certified Management Accountant (CMA) | IMA |
| 2 | Project Management Professional (PMP) | PMI |
| 3 | Program Management Professional (PgMP) | PMI |
3 best senior cost analyst certifications
1. Certified Management Accountant (CMA)
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
2. Project Management Professional (PMP)
The PMP designation following your name tells current and potential employers that you have demonstrated a solid foundation of knowledge from which you can competently practice project management.To be eligible for a PMP Credential, you must first meet specific educational and project management experience requirements and agree to adhere to a code of professional conduct. The final step to becoming a PMP is passing a rigorous multiple-choice examination designed to objectively assess and measure your ability to apply project management knowledge in the following six domains: initiating the project, planning the project, executing the project, monitoring and controlling the project, closing the project, and professional and social responsibility. This computer-based examination is administered globally with translation aids in 10 languages.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
3. Program Management Professional (PgMP)
Project Management Institute's newest credential is specifically developed to acknowledge the qualifications of the professional who leads the coordinated management of multiple projects and ensures the ultimate success of a program. You will benefit from the many advantages of this new designation. Candidates earning this credential will be internationally recognized as professionals with the knowledge and experience to make and implement the important decisions and accomplish the strategic objectives that enhance business results.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
What is the best certification for a senior cost analyst?
The best senior cost analyst certification is Certified Management Accountant (CMA). The Certified Management Accountant (CMA) is awarded by the The Association of Accountants and Financial Professionals in Business. This certification is great to have as it shows an improvement in your competency to perform your role. You can earn this certification at the beginning of your career, as it often doesn't require a minimum education level and work experience.
Here's a bit more background on how to obtain this senior cost analyst certification:
- To become a certified Certified Management Accountant (CMA), you need to pass the exam.
- This certificate requires more than two years of work experience.
- Renew certification every 1 year.
What are some of the most in-demand certifications for senior cost analysts?
The most in-demand senior cost analyst certification is Certified Management Accountant based on all active job postings. Having this senior cost analyst certification will give you access to more senior cost analyst jobs with higher salaries.
The most common combination of senior cost analyst certifications include: Certified Management Accountant (CMA), Project Management Professional (PMP), and Program Management Professional (PgMP).
Online courses for senior cost analysts to earn certifications
1. Cost Accounting
View the Specialization trailer: https://www.youtube.com/watch?v=XE5Rx91bdYw\n\nMany corporate decisions need cost accounting information. When you know the costs of your products, you will make better pricing decisions and you can better choose which products to offer. When you know the costs of your departments, you can better detect inefficiencies and you can better incentivize your employees.\n\nIn this Specialization, you will learn the fundamentals of cost accounting. Three courses cover...
2. Basics of Cost Accounting: Product Costing
The core of the first course is to learn how companies record total costs and calculate unit costs for their individual products or services. For example, how can a car manufacturer figure out the costs of an individual car series? During the first weeks, participants learn what costs are and how to distinguish them from expenses or cash flows. Participants will understand how companies record total costs and distinguish important cost types such as material costs, personnel costs, or...
3. Cost Accounting: Introduction to Management Accounting
Learn Cost Accounting for Management. Includes Process Costing, ABC Systems, Variance Analysis, Cash Budgets and more...
4. Cost Accounting and Financial Management - A Complete Study
Learn theory and practical concepts in Cost Accounting and Financial Management with loads of video lectures...
5. Cost Accounting: Decision Making
In the third course, you will learn how to use information from cost accounting to improve managerial decision-making. We discuss business decisions and suggest how cost information can support them best. For example, how will costs change if managers adjust cost drivers? How many units do companies need to sell in order to avoid losses or to achieve a targeted profit? How can managers improve pricing or product programs with information from cost accounting?...
6. Financial Accounting - Inventory Costs
Mastering Inventory Costs & Flows: An In-Depth Guide to Accounting for Inventory in Business Operations...
7. Managerial and Cost Accounting: A Comprehensive Guide
Unlock Financial Insights, Make Informed Decisions: Optimize Business Performance, Maximize Profitability...
8. Managerial (Cost) Accounting For Beginners
Management accounting for managers and students. Learn managerial and cost accounting. #1 accounting course online...
9. Cost Accounting - A Comprehensive Study for CA/CMA/CS /ACCA/
Learn basic to advanced concepts in Cost Accounting comprehensively...
10. Projects Cost Management, Estimating, Budgeting and Control.
Learn how to estimate costs for any project, how to determine budget and how to use Earned Value Management tools. 3 PDU...
11. Cost Reduction: Cut Costs and Maximise Profits
Cost cutting & cost reduction for a profit focused business...
12. Flexible Budgets, Standard Costs, & Variance Analysis
Maximizing Financial Insight: Mastering Variance Analysis and Budgeting for Strategic Decision-Making...
13. IT Project Budget & Cost Management
Project Management tips to manage a million dollar IT Project budget from start to finish...
14. Project Management: Cost & Schedule Monitoring using EVM
Earned Value Management, Project Management, Cost Control & Monitor, Budget, Schedule & Cost Variance, Performance Index...
15. Managerial Accounting & Bookkeeping (Cost Accounting)
Management Accounting & Bookkeeping Basics. Accounting & Bookkeeping Concepts. Learn Accounting & Bookkeeping...
16. Learn Estimating & Cost Control
Develop a good practical understanding of best practice estimating and cost control on building & construction Projects...
17. Low Cost Business Models
How to create a no-frill low-cost business model and kill the competition...
18. AWS Cost Management Tools (Cost Explorer) Crash Course
Learn everything about AWS Cost Explorer, Cloud Financial Management and Reserved Instance/Savings Plan...
19. Cost Reduction for Managers & Management Consultants
A practical guide on how to cut costs in business & private life. Learn how efficiently to conduct cost-cutting projects...
20. Financial Accounting-Inventory & Merchandising Transactions
Mastering Inventory Accounting: From Merchandising Transactions to Cost Flow Assumptions...