Walking extra Miles for CPA & CMA Training .pdf
Original filename: Walking extra Miles for CPA & CMA Training.pdf
This PDF 1.5 document has been generated by Acrobat PDFMaker 11 for Word / Adobe PDF Library 11.0, and has been sent on pdf-archive.com on 12/04/2016 at 09:53, from IP address 183.83.x.x.
The current document download page has been viewed 294 times.
File size: 74 KB (2 pages).
Privacy: public file
Download original PDF file
Walking extra 'Miles' to offer end-to-end training services to students
With a mission to ensure that all graduates are recognized by their due potential, Varun Jain, Founder of
Miles Professional Education, the only specialized CMA review course provider in India, discusses various
USP’s of his organization, the challenges ahead, as well as the changes needed for the education sector.
What is Miles Professional Education all about?
Miles Professional Education is an education start-up and India’s largest classroom training provider for
US certification courses CPA (Certified Public Accountant), which is the highest accounting qualification
in the US and is the reigning profession for public accountants all over the world. CMA (Certified
Management Accountant) is the management accounting qualification in the US offered by the Institute
of Management Accountants (IMA), US. CMA is the US equivalent of CMA/CWA in India and CIMA in the
UK. Miles Professional Education is spread across 10 cities in India.
How is Miles different from the other online testing bodies?
Miles is a course provider and trainers for US review courses. We are not a testing body. We provide
students with all tools (study material, live classroom training, online access and question banks etc.)
necessary to successfully pass these exams. Unique classroom training model are coupled with selfdeveloped “user-friendly” study material. The student relations team provides assistance in evaluations
of Indian scores, counseling students for exam preparation, visa and logistical assistance, license
assistance from one of the 55 states in the US to placement assistance in Indian and multinational
companies. Miles is the only training institute in India that provides end to end services to its student
How do these certifications help in enhancing the job prospects?
In today’s world, a crucial objective of education is to be able to change not just one’s local markets, but
to influence the entire world. CPA’s and CMA’s are equipped with this aptitude and ability to create a
difference to their respective industries and thereby the international economy as a whole. Thus, a
commerce graduate from India can now explore US professional certifications while taking classes from
test-prep providers in India like Miles CPA Review or Indian franchisees of US-based providers. These
certifications fit in as global professional chartered and management accountants. CPA’s and CMA’s
have multitude of opportunities in big 4 consulting companies, MNC’s and Indian companies with US
How do you justify short duration courses like CPA/CMA as opposed to the Indian Professional
courses - CA/CWA/CS?
With increasing globalization and the presence of MNC’s in India, knowledge and credibility of
professionals need to be now recognized on a global platform. For instance, in accounting and finance,
we have respected professional qualifications like CA and CWA (now Indian CMA) with demand across
India for decades.
But nearly all MNC’s are looking for more, that is, they are looking at professionals who can be
showcased to their global teams with qualifications having global credibility.
That was the entire rationale behind Miles launching courses like US CPA, which is equivalent to the
Indian CA and US CMA, which is the counterpart of the Indian CMA.
Not only do these US certifications like CPA and CMA empower professionals with global credibility,
these are also focused on what professionals really need to know.
What kind of jobs is available for fresh graduates who take up CMA?
In India, fresh CMA’s can easily pick up job earnings in the range between Rs. 400,000 to Rs. 600,000 per
annum, and with experienced CMA’s in top management and finance positions in companies, there is
certainly no upper limit to their pay packages. Most of the cream job opportunities for CMA’s are with
multi-national corporations. To summarize, CMA from a career perspective means 2 exams, 300-400
hours of study over 6 months, exams conducted in India and extensive opportunities with MNC’s.
What is your geographical expansion in India and where do you see yourself in next five years?
Miles started with one office in Hyderabad close to five years ago. In these three years, we have been
only moving up the ladder by introducing the courses in the key Tier 1 and Tier 2 cities in India. Miles is
now present in 10 key locations in India. We train students in Hyderabad, Bangalore, Chennai, Kochi,
Ahmedabad, Mumbai, Kolkata, Delhi NCR, Jaipur and Pune. We are soon looking at spreading our
presence in tier 2 and tier 3 cities like Indore, Nagpur, Udaipur, Lucknow, Chandigarh, Orissa,
Bhubaneswar etc. and wider presence in North Eastern Regions likes Assam, Guwahati, Siliguri etc.,
Students can take up CMA along with their graduation and to offer this opportunity to maximum
students, we are partnering with key colleges in cities across India. We already have tie - ups with
prominent colleges in Kochi, Hyderabad, Coimbatore, Gurgaon, Ghaziabad, Pune, Bangalore, Gwalior
etc. We are looking at closing at least 50 – 75 college partnerships by the end of this year and gradually
take the brand International. This will also increase our presence in India to such a large number.
What are Miles expansion plans outside India?
2016 is a very important year for us. Besides expanding our reach in India, our next big step will be to go
International. By the end of 2016, Miles will have presence in Middles East (Dubai in particular) and one
office in the US. Our team is already physically present in these locations and has already the ground
Do you have any partnerships to offer the courses?
Miles has partnered with Wiley for its course offerings - CPA & CMA. For CPA, Wiley's study materials
and online test bank access are a part of the organization's pedagogy. For CMA, we have an official
tripartite agreement with the Institute of Management Accountants and Wiley. As part of this
agreement, we provide Wiley study materials and online test banks to the candidates in addition to the
official discounts that Miles candidates are able to obtain.