The Chartered Institute of Management Accountants is the global professional management accounting body based out of the UK. CIMA offers training and qualification in management accountancy and related subjects. It is focused on accountants working in the industry and provides ongoing support and training for members.
Membership: 115,000 (2020)
Founded: March 1919
Head Office: London, UK
WHAT IS CHARTERED INSTITUTE OF MANAGEMENT ACCOUNTANTS?
CIMA is a U.K certification awarded by Chartered Institute of Management Accountants U.K. CIMA is designed to develop your general knowledge in finance, management accounting, business and economics.
WHO CAN DO CIMA?
CIMA is open to all; from school leavers and graduates through to employees with a number of years’ experience in the workplace. No previous academic qualifications or work experience are required to register and begin studies.
WHAT IS THE COURSE STRUCTURE OF CIMA?
CIMA has 16 examinations devided into 4 levels.
• Certification Level – 4 Examinations
• Operational Level – 4 Examinations
• Management Level – 4 Examinations
• Strategic Level – 4 Examinations
Certification Level CIMA Certificate in Business Accounting (CIMA Cert BA) | Operational Level CIMA Diploma in Management Accounting (CIMA Dip MA) | Management Level CIMA Advanced Diploma in Management Accounting (CIMA Adv Dip MA) | Strategic Level |
BA1: Fundamentals of Business Economics | E1: Managing Finance in a Digital World | E2: Managing Performance | E3: Strategic Management |
BA2: Fundamentals of Management Accounting | P1: Management Accounting | P2: Advanced Management Accounting | P3: Risk Management |
BA3: Fundamentals of Financial Accounting | F1: Financial Reporting | F2: Advanced Financial Reporting | F3: Financial Strategy |
BA4: Fundamentals of Ethics, Corporate Governance and Business Law | Operational Case Study Exam | Management Case Study Exam | Strategic Case Study Exam |
WHAT IS THE EXAM FORMAT OF CERTIFICATION LEVEL?
EXAM FORMAT: BA1, BA2 and BA3 each contain 60 objective test questions, while BA4 contains 85 objective test questions.
EXAM DURATION: BA1, BA2, BA3, BA4 – Computer based assessments: 2 hours/ Paper
EXAM DATES: BA1, BA2, BA3, BA4 – Computer based assessments available all year.
WHAT IS THE EXAM FORMAT OF OPERATIONAL LEVEL?
EXAM FORMAT:
• E1, P1, F1 – Computer based Objective Test: are comprised of a range of items including short multiple choice questions, number entry questions, drag and drop questions and other formats.
• Operational Level Case Study – Long and short answer essay questions Human marked
EXAM DURATION :
• E1, P1, F1 – Computer based assessments: 90 Minutes/ Paper
• Operational Case Study – 3 hours exam based on Preseen Case provided to the students before the exam
EXAM DATES :
• E1, P1, F1 – Computer based assessments available all year.
• Operational Case Study – There are four windows a year in February, May, August, and November
WHAT IS THE EXAM FORMAT OF MANAGEMENT LEVEL?
EXAM FORMAT:
• E2, P2, F2 – Computer based Objective Test: are comprised of a range of items including short multiple choice questions, number entry questions, drag and drop questions and other formats.
• Management Level Case Study – Long and short answer essay questions Human marked
EXAM DURATION :
• E2, P2, F2 – Computer based assessments: 90 Minutes/ Paper
• Management Case Study – 3 hours exam based on Preseen Case provided to the students before the exam
EXAM DATES :
• E2, P2, F2 – Computer based assessments available all year.
• Management Case Study – There are four windows a year in February, May, August, and November
WHAT IS THE EXAM FORMAT OF STRATEGIC LEVEL?
EXAM FORMAT:
• E3, P3, F3 – Computer based Objective Test: are comprised of a range of items including short multiple choice questions, number entry questions, drag and drop questions and other formats.
• Strategic Level Case Study – Long and short answer essay questions Human marked
EXAM DURATION :
• E3, P3, F3 – Computer based assessments: 90 Minutes/ Paper
• Strategic Case Study – 3 hours exam based on Preseen Case provided to the students before the exam
EXAM DATES :
• E3, P3, F3 – Computer based assessments available all year.
• Strategic Case Study – There are four windows a year in February, May, August, and November
WHAT IS THE EXAM FEE?
For updated details please visit www.cimaglobal.com
WHERE IS THE EXAM LOCATION?
CIMA exams are conducted Through Pearson VUE centers around the world.
PRACTICAL EXPERIENCE REQUIRED FOR CIMA
In order to become a Chartered Global Management Accountant (CGMA), you need a minimum of three years’ verified relevant work-based practical experience. The practical experience requirements (PER) are an essential part of the CIMA Qualification and CIMA’s membership application process.
WHAT EXEMPTIONS ARE AVAILABLE BASED ON MY PREVIOUS STUDIES
CIMA offer a wide range of options for students having previous qualifications, our dedicated team will be helping in sort out the exact exemptions available whenever required. To get more information please fill out the application below.
DO YOU GET A CHARTERED?
You will get a ACMA – Associate Chartered Management Accountant from CIMA and CGMA – Chartered Global Management Accountant from AICPA
CIMA Fast Track Program
Under the CIMA fast-track candidates will sit only for the last exam of the CIMA qualification. Upon successful completion of this exam and successful membership application, candidates will qualify for CIMA membership and earn the professional global designation of Chartered Global Management Accountant (CGMA). It is open to all CFOs, CEOs and senior management who wish to enhance their professional standing with the CIMA professional qualification.