CIMA courses empower business and finance professionals with the right knowledge and expertise for the demanding world of work. They are designed in collaboration with businesses of all types and sizes, as well as the public sector, enabling our successful students to be among the most able, sought after and valued employees in the world.
It is a Professional body based out of UK since 1919 which was granted royal charter in 1975. The only international accountancy body with a sole focus on business.
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With the growth of MNCs, and with digitisation The role of Finance function has changed over time and is now considered as a partner to the business. So the skills required for Finance Professionals has also changed. Traditionally the focus was only on Technical Skills. In order to succeed in business in addition to Technical skills, a finance professional also needs to have Business Skills, People Skills, Ethics, Leadership skills and
Digital skills. These skills are covered in CIMA.
The focus of CIMA is on Management Accounting, Financial Strategy & Risk Management. CIMA trains a student to run a business. CIMA course prepares a student to become a CEO in the future or a start up founder.
CIMA is UK based and recognised in over 180+ countries. CIMA trains a person to run a business. Case studies and Objective Type Questions make CIMA an application oriented course.
Joint venture between CIMA and AICPA has evolved a designation CGMA - Chartered Global Management Accountant - A gold standard designation for Management Accountants. This is rated highly by MNCs.
CIMA is a pretty flexible courses. A student can take it up paper wise. The pass rates are pretty high compared to Indian professional courses.
Any one who has completed school +2 can join CIMA. Proficiency in Maths and the English are only required.
In CIMA there are 4 levels, and in each level there are 4 papers. Totally 16 papers.
There is no time limit to complete the CIMA course. On average, each level takes about a year to complete.
There is no limit to the number of attempts you may have at each paper.
Both CIMA and ACCA are UK based Globally recognised Professional qualifications recognised in 180+ countries.
The focus of ACCA is on Financial Reporting, Audit & Taxation. The course prepares a student to become a CFO in the future.
The focus of CIMA is on Management Accounting, Financial Strategy & Risk Management. CIMA trains a student to run a business. CIMA course prepares a student to become a CEO in the future or a start up founder.
Both CIMA & ACCA are flexible courses. A student can take up the exam paper wise. The pass rates are pretty high for both ACCA & CIMA. If a student puts in the effort along with the required training both the courses are do able.
Each student needs to choose a course which best suits their interest and career goal.
CIMA is UK based and recognised in over 180+ countries. Joint venture between CIMA and AICPA has evolved a designation CGMA - Chartered Global Management Accountant - A gold standard designation for Management Accountants. This is rated highly by MNCs both in India and Abroad.
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