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This course is a great if you either have experience in the field of accounting, finished the CIMA Certificate in Business Accounting course, or are AAT Level 4 qualified.
If you have any of the above, the CIMA Professional Qualification Operation Level (E1, P1, F1) qualification is the course for you to attain CIMA CGMA designation.
Want to become a Management Accountant or a Business Accountant? Take this course and gain your CIMA qualification, recognised around the globe.
*Source - CIMA
**Source - 2019 Association of International Certified Professional Accountants Salary Survey
Designatory Letters
As you progress through your CIMA qualification journey you will gain the following designatory letters: Certificate in Business Accounting.
Once you have successfully completed the BA1, BA2, BA3 and BA4 exams, you will gain the designatory letters CIMA Cert BA. Professional Qualification - Operational Level 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.
Professional Qualification – Strategic Level
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.
As after completing this course you would gain the Chartered Management Accountant and CGMA status, you will be able to submit an application for careers like Management Consultant (minimum £60k+) or Finance Manager (minimum £50k+). After you have gained much more experience you will eventually be able to advance in your finance career and get roles such as Finance Director (£75k+), Chief Financial Officer (£100k+) and CEO (£130k+).
(Source: Payscale)
Being the largest, and most widely known body of management accountants, a CIMA qualification is a great asset to your CV when looking for jobs in the accounting sector or working as an accountant for a business.
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E1 Managing Finance in a digital world
P1 Management Accounting
F1 Finance Reporting
The CIMA exams cover two testing styles: Objective Test and Case Study exam.
Objective Test
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.
Case Study
The Operational 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 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.
These Case Study exams are marked by a tutor, 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.
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