The CIMA Qualification

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Welcome to the business world of the twenty-first century. A fast moving world of great uncertainty, and great opportunity for those with talent, vision and the right qualification.

This world needs people with the knowledge and skills that are acquired by becoming a Chartered Management Accountant. The Chartered Institute of Management Accountants (CIMA) may be the right qualification for you, particularly as you can study at your own pace by Distance Learning from any geographical location.

Based in the United Kingdom, The Chartered Institute of Management Accountants is the leading management accounting body in the world. Since its foundation in1919, CIMA has continued to revise their programme in line with leading edge developments in financial management. The CIMA qualification, which is totally relevant to the needs of business, is highly sought after in organisations and have been voted by employers in the U.K. as the most preferred professional accountancy qualification.

The CIMA qualification

CIMA offer progressive courses at Foundation, Intermediate and Final level. In recognition of achievement, students who successfully complete the Foundation level exams will be awarded the CIMA Certificate in Business Accounting, and students who complete the Intermediate level will be awarded the CIMA Advanced Diploma in Management Accounting. On successful completion of the Final level of study, the full CIMA qualification will be awarded.

CIMA is quite unlike other accounting or financial qualifications. Its scope extends far beyond pure accountancy and even most management training courses. It is a complete education for business in the twenty-first century, and it is recognised and valued around the world.

CIMA could be your passport to career success in any field you choose: commerce, financial services, consultancy, government, the public sector, or manufacturing.

By becoming a member of CIMA, you will attain the world’s most prestigious qualification for strategic and financial management.

Your career

Increasingly, line managers use sophisticated software to analyse the financial consequences of their decisions and financial accountability is becoming a key part of every executive’s job description. Most executives rely on their finance people for support, to help them understand and manage the risks and changes that organisations often undergo. This means that management accountancy skills influence every area of a business.

Career options

To succeed in this new and demanding role, you must acquire predictive skills based on a thorough knowledge of the economic, social and political environment in which business decisions are made.

CIMA will help you to understand the influences that shape behaviour in the workplace. You will learn why organisations are structured as they are; how to identify the need for structural change; how to bring that change about and how to deal with the conflict that may arise as a consequence.

You could work in practice, industry or consultancy. You could work for commerce, healthcare, legal, fundraising or industrial sectors, or transfer between them. You could work with a team, manage the team or manage the entire company. Management accountancy is one of the most flexible careers there is, making it rewarding, exciting and powerful.

Salary expectations

CIMA membership has reported the following results after qualification:

  • In the UK, 80% of CIMA graduates earn more than £30k and 40% earn in excess of £50k which in Ireland rises to 44%.

  • In Malaysia 72% of CIMA graduates earn over 58,000 Ringgit

  • In Hong Kong 97% of CIMA graduates bring home more than 353,000 Hong Kong Dollars

  • In South Africa 72% of CIMA graduates are paid over 315,000 Rand

  • In Sri Lanka 50% of CIMA graduates earn in excess of 1,180,500 Rupees.

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