CIMA Qualification at a glance A professional qualification in Management Accounting An international qualification recognized globally On completion.

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Presentation transcript:

CIMA Qualification at a glance A professional qualification in Management Accounting An international qualification recognized globally On completion you earn designation CGMA (Chartered Global Management Accountant) Flexibility for writing exams any time for Objective type and 4 times in a year for case study exams Flexible payment – Pay per paper system

CIMA at a glance 218,000 members and students in 177 countries * Presence in 100% of the global top 100 brands * Presence in 100% of the world’s top 15 tech companies * 5000 plus students and members in India * CIMA has overtaken ICAEW in Industry and Commerce, capturing 27% of the market growth of accountants in this sector in the last five years. * Largest worldwide growth of total students and members from 2012 to 2013 when compared to all other POB members (ACCA, CIPFA, ICAEW, CAI, ICAS) *

How is CIMA different? MBA programmes Professional accounting bodies Not all accountancy qualifications are the same… Practical, on-the-job learning (plus code of ethics) Emphasis on strategic business skills

The range of companies that CIMA works with Professional services and consulting Retail Media and publishing Telecomms and IT Transport, travel and leisure Engineering and manufacturing Financial services Public sector and not-for-profit FMCG

CIMA Certificate in Business Accounting (Undergraduates start from this level) C01 Fundamentals of Management Accounting C02 Fundamentals of Financial Accounting C03 Fundamentals of Business Mathematics C04 Fundamentals of Business Economics C05 Fundamentals of Ethics, Corporate Governance and Business Law Basic costing Budgets Accounting and cost systems Regulatory framework Preparing accounts Accounting systems and controls Basic maths Probability Financial maths Forecasting Economic environment Analysis for business decisions Market economy and role of government Elements of contract Company law Administration and finance Applying legal knowledge

- Entry level for undergraduates -Exams throughout the year -Avg. time to complete: 1 yr -2 nd level (Operational Level) -Graduates from commerce enter at this level -Exams throughout the year for E1, P1, F1 - Operational Case study exam 4 times a year -Avg. time to complete: 1 yr - 3 rd level (Management Level) -Exams throughout the year for E2, P2, F2 - Management Case study exam 4 times a year -Avg. time to complete: 1 yr - 4 th level (Strategic Level) -Exams throughout the year for E3, P3, F3 - Strategic Case study exam 4 times a year -Avg. time to complete: 1 yr CIMA Qualification structure

CIMA Professional Qualification Entry requirements – one of the following: CIMA Certificate in Business Accounting Relevant degree in accounting or business AAT Level 4 Diploma in Accounting MBA or Masters in Accounting Number of objective exams: Nine Number of integrated case studies: Three Exam sittings: Objective exams- available all year round Case studies- Feb, May, Aug and Nov Completion time: Between three and five years on average. Work experience required: None involved in passing the exam, three years’ work experience required for entry to membership. Letters after your name: Operational level: CIMA Dip MA Management level: CIMA Adv Dip MA CIMA member: ACMA, CGMA CIMA fellow: FCMA, CGMA CIMA Professional Qualification at a glance:

What our stakeholders are saying Competency mix at each level

ParticularsCIMA fees Registration£ Annual Subscription£ Per Paper/Per levelNo. of Papers Fees Per Paper Total Fees (GBP) Total Fees (INR) Certificate Level553£ Operational Level370£ Operational Level – Case study1115£ Management Level370£ Management Level – Case study1115£ Strategic Level3115£ Strategic Level – Case Study1175£ Total Please note that all the fees mentioned are subject to marginal increase every year. Annual subscription fees are payable every year till the student passes all exam levels. Exemption fees is the same as Exam fees The re-sit exam fees are same as the normal exam fees The fees are to be paid in GBP directly to CIMA Fees are mentioned in INR for descriptive purpose and Rs.100 to 1 GBP and is subject to currency change. Fee structure