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The CIMA Professional – Management Level is the second level of the CIMA Professional Qualification. Through your CIMA studies, you will cover three essential subject areas:
Through these subject areas, you will be able to confidently use technology and data to manage individual and organisational performance, as well as understand how to allocate resources to implement decisions and interpret financial statements to highlight business performance.
By completing this level, you’ll gain the part qualified designatory letters CIMA Adv Dip MA and can embark on the final stage of your CIMA Professional Qualification journey with the CIMA Professional – Strategic Level.
There are two CIMA qualifications available - CIMA Certificate in Business Accounting and the CIMA Professional Qualification (which includes: Operational Level, Management Level and Strategic Level).
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This promotion will run until the end of April and the discount is not available on the PASS-accredited proof of age ID bundle.
The second level in the CIMA Professional qualification is beneficial for those who have completed the CIMA Professional – Operational Level and are currently working on becoming fully qualified with CIMA and earning CGMA status.
If you have already completed the CIMA Professional - Operational Level and are now ready to undertake level two, this is the course to enrol on.
After gaining CGMA status, you can apply for senior accounting job roles such as a Finance Manager (£50k+) or a Management Consultant (£60k+). With a little experience you can consider advancing into positions such as Finance Director (£75K+), Chief Finance Officer (£100K+) or CEO (£130k+).
CIMA offers the most useful Business Accounting qualification with the goal of helping individuals and businesses succeed, through Management Accounting.
CIMA benefits include:
*Source - CIMA
**Source - 2019 Association of International Certified Professional Accountants Salary Survey
There are three subject areas in the CIMA Professional – Management Level:
E2 - Managing Performance
Learn the fundamentals of business models and how to develop new business and operating models to improve an organisations overall performance.
Discover how a variety of leadership styles can improve individual performance and help achieve organisational goals, as well as using performance management concepts to implement strategies effectively.
Understand how to use project management techniques during implementation strategies.
P2 – Advanced Management Accounting
Learn how to use quality and process management, cost management and value management to provide a cost advantage to your organisation.
Discover the process, techniques and criteria used to decide which projects to undertake, as well as how to manage performance of organisational units, ensuring they achieve their company objectives.
Understand how to analyse the uncertainties and risks an organisation faces in the medium-term, focussing on capital investment decision making, and how to manage those risks.
F2 – Advanced Financial Reporting
Learn the different sources and types of funds available and how much each cost.
Discover the essential financial reporting standards that financial statements will be based on, as well as the application of these standards to prepare group accounts.
Understand the International Integrated Reporting Framework, its components and how to perform analyses of financial statements.
E2 – Managing Performance
P2 – Advanced Management Accounting
F2 – Advanced Financial Reporting
The CIMA exams cover two testing styles: Objective Test and Case Study exam.
The Management Level has a 90-minute, computer-based Objective Test.
Objective Tests include a range of number entry questions, short multiple-choice questions, drag and drop questions, and more. They will test all component learning outcomes you have covered within this course.
This test is computer-graded, and you will receive a provisional grade of pass or fail immediately. Official results will be sent out within 48 hours.
Your exam can be taken at any Pearson Vue Test Centre around the world, with a choice of 5,000 centres.
The Management Level will conclude with a Case Study Examination, which integrates the skills, techniques and knowledge, gained across the three subjects covered. These Case Study Exams are available four times a year: Feb, May, Aug & Nov.
The role simulated in this Case Study is that of a Finance Manager. You will be provided with a simulated context, allowing you to demonstrate you have acquired the necessary knowledge, techniques and mindset for that role.
These Case Study exams are human marked, and you will receive your results five weeks after the close of the Case Study window on your MY CIMA account.
There are CIMA exemptions for those who have accounting experience, completed AAT level 4 or who have already completed some CIMA training, so speak to an advisor today to discuss your specific requirement in more detail.
As you progress through your CIMA qualification journey you will gain the following designatory letters:
Once you have successfully completed the BA1, BA2, BA3 and BA4 exams, you will gain the designatory letters CIMA Cert BA.
After completing the tests and Case Study exam, you will receive the CIMA Diploma in Management Accounting and will gain the designatory letters CIMA Dip MA.
Professional Qualification - Management Level
After completing the tests and Case Study exam, you will receive the CIMA Advanced Diploma in Management Accounting and will gain the designatory letters CIMA Adv Dip MA.
On completion of the Strategic level tests and Case Study exam, you will be eligible to submit your practical experience for assessment.
The practical experience requirement (PER) is an essential part of the CIMA Qualification and CIMA’s application process. It complements assessments and demonstrates your ability to apply knowledge and skills in the context of your professional experience.
Your PER application will be assessed to determine whether you have gained sufficient experience to be awarded Associate membership – giving you the Associate Chartered Management Accountant (ACMA) and Chartered Global Management Accountant (CGMA) designations.
In order to become a Chartered Global Management Accountant (CGMA), you require a minimum of three years verified relevant work-based practical experience.
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