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Other benefits include:
As the world’s leading and largest professional body of Management Accountants, CIMA has built an outstanding reputation in the professional world of accounting. With over 100 years of experience, they leverage their heritage and history to provide excellent training for professional accountants.
CIMA benefits include:
*Source - CIMA
**Source - 2019 Association of International Certified Professional Accountants Salary Survey
If you have completed the CIMA Certificate in Business Accounting, the AAT Professional Diploma in Accounting (Level 4) or already have sufficient accounting experience, this CIMA training package is ideal for you.
Individuals looking to start a career in Business Accounting or Management Accounting will also benefit from this training course.
Once you have completed your CIMA Professional journey, you will gain full Chartered Management Accountant status and gain the designatory letters CGMA.
You can apply for a wide range of careers, including:
E1 - Managing Finance in a digital world
P1 - Management Accounting
F1 - Finance Reporting
E2 – Managing Performance
P2 – Advanced Management Accounting
F2 – Advanced Financial Reporting
E3 – Strategic Management
P3 – Risk Management
F3 – Financial Strategy
The CIMA exams cover two testing styles: Objective Test and Case Study exam.
The Operational 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 Operational Level - The role simulated in this Case Study is that of an entry-level Finance Professional. You will be provided with a simulated context, allowing you to demonstrate you have acquired the necessary knowledge, techniques, and mindset for that role.
The Management Level - 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.
The Strategic Level - The role simulated in this Case Study is that of a Senior 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 marked by a human, 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.
Working through your CIMA qualifications and passing the relevant exams will help you to earn the following designatory letters:
Professional Qualification - Operational Level
Completion of this course and necessary exams will result in you receiving the CIMA Diploma in Management Accounting and earning the designatory letters CIMA Dip MA.
Professional Qualification - Management Level
Completion of this course and necessary exams will result in you receiving the CIMA Advanced Diploma in Management Accounting and earning the designatory letters CIMA Adv Dip MA.
Professional Qualification - Strategic Level
Once you have completed this course in full and passed the necessary exams, you can submit your practical experience to CIMA for assessing. The practical experience requirement ( PER) is a necessary part of your CIMA Qualification application process. It compliments your assessments and demonstrates your ability to apply professional knowledge and skills.
PER applications are used to determine whether you have gained enough experience to be awarded Associate membership. This would give you the Associate Chartered Management Accountant (ACMA) and Chartered Global Management Accountant (CGMA) designations.
To become a Chartered Global Management Accountant (CGMA), you require a minimum of three years verified relevant work-based practical experience.