Chartered Institute of Management Accountants

Chartered Institute of Management Accountants

CIMA ·
Bachelors
·
3 years

The CIMA Professional Qualification comprises three pillars of domain knowledge divided into three levels of achievement. The pillars are Enterprise, Performance and Financial. The levels are Operational, Management and Strategic. When combined with the required practical experience, the CIMA qualification ensures that members are business ready. The syllabus and related assessment will ensure that CIMA qualified finance professionals are competent in their accounting, finance and other skills, and confident in using them to add value to the many organisations in which they work.

To complete the CIMA qualification, and be able to use the Chartered Global Management AccountantSM (CGMA®) designation, students need to: 

  • meet the entry requirements of the professional level qualification; 
  • study for and complete the relevant professional level assessments, culminating in the Strategic Case Study Exam;
  • complete three years of relevant practical experience, which can be gained before, during and/or after studies.

Eligibility

10+2 or equivalent in any Stream.

Job Prospects

Companies around the world, no matter what size, require the knowledge and services of management accountants. Chances are, in any industry you can think of, there’ll be management accountants.

Opportunities

A career in management accounting offers a clear pathway to progress. Whether you have an existing finance qualification or are starting with CIMA Certificate in Business Accounting (Cert BA), it’s possible to progress to membership with CIMA.

No need for a degree

You don’t need a degree to start a successful career after school or college. Our entry-level qualification, the CIMA Cert BA will help you build your business and financial knowledge. It’s a recognised qualification in its own right and a stepping stone to the Professional Qualification.

Skill Set

In addition to accounting and analytical skills, management accountants must also have an understanding of the organisation, its business model, its strategic context and its competitive position. They also need the people and leadership skills necessary to ensure that they apply their expertise effectively, whether it be in the form of supplying management with accounts, information, analysis or insights.

As a management accountant, you would:

  • gather information on revenue, cash flow and outstanding debts to spot trends, gather stats, and write reports that help your company make decisions — from day-to-day management to corporate strategy.
  • combine financial and non-financial data to paint a complete picture of the business. Then use that to drive the success of the business.

Curricular Structure

Operation Level

AWARD / CIMA Diploma in Management Accounting (CIMA Dip MA)

  1. E1 -Organisational Management
  2. P1 - Management Accounting
  3. F1 - Financial Reporting and Taxation

Management Level

AWARD / CIMA Advanced Diploma in Management Accounting (CIMA Adv Dip MA)

  1. E2 - Project and Relationship Management
  2. P2 - Advanced Management Accounting
  3. F2 - Adavanced Financial Reporting

Strategic Level

AWARD / Membership of the Chartered Institute of Management Accountants and the CGMA®  designation

  1. E3 - Strategic Management
  2. P3 - Risk Management
  3. F3 - Financial Strategy