CIMA: The Chartered Institute of Management Accountants

 

CIMA: The Chartered Institute of Management Accountants

 

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Are you interested in studying a Professional CIMA course? Fill in this form on the left and we will contact you back with all the information you need.

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College SA offers the following CIMA Professional Qualifications courses:

 

 

What is CIMA?

CIMA is the abbreviation for the Chartered Institute of Management Accountants. This is the professional body that offers accreditation to colleges who offer the relevant courses. CIMA qualifications are also the most popular and well known qualifications in business.

 

CIMA Certificate in Business Accounting

The CIMA Certificate in Business Accounting forms the basis of further Management Accounting Qualifications and is ideal for students who need an introduction into the world of Management Accounting, Financial Accounting and Business. This programme provides the fundamentals of Business accounting so that students can become familiar with the basic business and management principles. Attention is also given to basic Business Economics and Business Law, as the ultimate role of a Management Accountant is to give sound advice based on these principles. The first step in becoming a Chartered Management Accountant is mastering the fundamentals of Accounting.

 

CIMA Diploma in Management Accounting (Professional Qualification: Operational)

This programme builds on the fundamentals of Accounting and Management to teach students how decisions are made and performance is evaluated. As the courses build on each other, you first need to complete the CIMA Certificate in Business Accounting before you can start with this course.

 

The CIMA Diploma in Management Accounting (CIMA Professional Qualification: Operational Level)  is the first of three levels of exams building towards the end goal of becoming a qualified Chartered Management Accountant.

 

Please Note: Although it is possible for students to study an Operational Paper in one pillar and a Management Paper in other pillar, we advise students to first pass the Operational Level before attempting the Management Level, as they need to pass all six papers at these two levels before they can move on to the Strategic Level.

 

CIMA Advanced Diploma in Management Accounting (Professional Qualification: Managerial Level)

After obtaining the CIMA Diploma in Management Accounting (CIMA Professional Qualification: Operational Level), students can move on to the  CIMA Advanced Diploma in Management Accounting (Professional Qualification: Managerial Level). Once again, before enrolling for this programme, students need to complete the CIMA Certificate in Business Accounting.

 

The main focus is placed on analysis, so students can expect to learn more about the following: monitoring and evaluating financial information, monitoring monthly forecasts, evaluating accounting performance, analysing tax principles, interpreting and communicating financial data to non-financial managers, implementing risk management and internal controls, informing key strategic decisions, etc.

 

Please Note: Although it is possible for students to study an Operational Paper in one pillar and a Management Paper in other pillar, we advise students to first pass the Operational Level before attempting the Management Level, as they need to pass all six papers at these two levels before they can move on to the Strategic Level.

 

CIMA Professional Qualification: Strategic Level

The CIMA Professional Qualification: Strategic Level Course is the last level of Professional Qualification. Before entering this programme, you first need to complete the CIMA Certificate in Business Accounting, the CIMA Professional Qualification: Operational Level and the CIMA Professional Qualification: Managerial Level.

 

This CIMA qualification builds on the fundamentals of analysis to teach students how to interpret their findings and make predictions accordingly. The main focus is placed on developing strategies, so students can expect to learn more about the following: formulating business strategies, formulating financial strategies, formulating risk and control strategies, negotiating projects or loans, offering advice on improving business performance, offering advice on business planning, etc.

 

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Did you know?

While most accounting courses train people for private practice, such as working on external audits and tax issues, CIMA courses prepare the student for a career in business. A more practical, skills based training course which includes strategic advice, managing risk and making business decisions.

 

The profession of management accounting can be a challenging and rewarding one. If you are looking for a career where you manage the inner working of how a company functions, management accounting may be the right choice for you.

 

Management accountants provide accurate and timely financial and statistical information required by managers to make day-to-day decisions.

 

The CIMA qualifications are offered in a series of courses aimed at creating a fundamental understanding of Management accounting. The first CIMA course is the CIMA Certificate in Business Accounting. Once this course has been completed you may gain entry into the next course and expand your understanding of management accounting.

 

CIMA qualifications are moderated by CIMA international, and are offered at various colleges worldwide, such as College SA. The CIMA exams are held at private examination venues, and the exam information, as well as course information, will be provided before you reach the examination period.

 

The CIMA certification is a highly valued, international qualification, which provides an excellent career opportunity within a market which always has a demand for employees.

  

 

More useful information about CIMA

 

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