CIMA

Chartered Institute of Management Accountants (CIMA)

CIMA, Chartered Institute of Management Accountants is not only an accounting qualification but a qualification for the Business Managers. CIMA qualifiers are basically business people with a finance orientation, not just accountants. With 164,000 students and members in 161 countries, CIMA is the number one choice of the employers. Its emphasis is on business and financial strategy within a broad commercial context and goes beyond the confines of accounting, audit and tax.

The Chartered Management Accountants (CMA) are experts in finance and highly skilled to make key decisions in business and advice others about the financial implications. CIMA certificate is also observed as a passport for global employability as it is internationally portable and highly recognized by the employers. CIMAs are working all over the globe in industry, commerce, financial institutions, public sector and not-for-profit organizations.

Chartered Global Management Accountants (CGMA)

The recent collaboration between American Institute of Certified Public Accountants (AICPA) of USA and CIMA has created a new professional designation, the Chartered Global Management Accountant (CGMA). This would combine the strength of AICPA in North America with CIMA’s presence in Europe, Middle East, Africa, Asia and elsewhere.AICPA is the leading professional accounting body with 250,000 members and with CIMA’s 95,000 members, CGMA would become the greatest professional accounting body of around 345,000 members across the globe.

Syllabus

CIMA syllabus is structured in 2 parts:

1. CIMA Certificate in Business Accounting

This Certificate is ideal for the people who are new to the professional qualifications as it offers solid grounding of basics of management / financial accounting and business.

Courses

CO1 Fundamentals of Management Accounting
CO2 Fundamentals of Financial Accounting
CO3 Fundamentals of Business Mathematics
CO4 Fundamentals of Business Economics
CO5 Fundamentals of Ethics, Corporate Governance & Business Law

Computer Based Assessment (CBA)

The understanding of students in these subjects is tested through the Computer Based Assessments in CAMS. The advantages of CBA are:

  • Students can assess themselves whenever they are ready and within CAMS
  • The results are available immediately
  • The exams are conducted every month

2. CIMA Professional Qualification

CIMA professional qualification is a unique qualification as it offers Diploma and Advance Diploma on completion of Operational and Management level examinations respectively. This qualification develops skills in business management and accounting that increases the career growth and valuable experience that enhance the earning capacity of an individual.

Courses

Operational Level (award CIMA diploma in Management Accounting)

E1 – Enterprise Operation
P1 – Performance Operation
F1 – Financial Operation

Management Level (award CIMA Advanced Diploma in Management Accounting)

E2 – Enterprise Management
P2 – Performance Management
F2 – Financial Management

Strategic Level

E3 – Enterprise Strategy
P3 – Performance Strategy
F3 – Financial Strategy

Professional Competence Level (Top CIMA)

Part A – Initial Professional Development (Worked Based Practical Experience)
Part B – Case Study (Examination based on pre-seen and unseen material)

Entry Requirements

Entry to CIMA Certificate in Business Accounting is open to all. However, competency in Mathematics and English Language is importance to understand and pass the examinations at this level.

Entry requirements to CIMA Professional Qualification are as follows:

  1. CIMA Certificate in Business Accounting
  2. Relevant degrees in accountancy or business
  3. Accounting Technician qualification
  4. MBA (from recognized university)
  5. Institute of Chartered Accountants of Pakistan (ICAP)
  6. Selected relevant professional qualifications

CIMA Contact Details

UK Head Office
26 Chapter Street
London SW1P 4NP
United Kingdom
Tel: +44 0 20 8849 2287
Fax: +44 0 20 8849 2450
Email: cima.contact@cimaglobal.com

Pakistan Office
No. 201, second floor, Business Arcade
Block 6, PECHS
Main Shahrah-e-Faisal
Karachi
Tel: 92-21 34322387-89
Fax: 92-21 34322390
Email: pakistan@cimaglobal.com
www.cimaglobal.com

Registration with CIMA

Although there is no deadline for registration with CIMA for Certificate in Business Accounting courses as these examinations are available throughout the year but for Professional Qualification exams candidates must meet following deadlines to enable themselves for May and November exams:

May Exams Register by January 31
November Exams Register by July 31

Classes are offered at Cams Clifton campus and PECHS campuses:

Contact details:

Cams Clifton Campus:
MS. Monica Peter
109-B Gulshan-e-Faisal
Cams Clifton Campus, Karachi – 75530
Phone: (92-21) 35837108-9, 35876074-5
Fax: 35834783

Tipu Sultan Campus:
Mr. Hussain
36, Modern Housing Society
Tipu Sultan Road, Karachi
Phone (92-21) 34533760, 34538615