Cams Demo
Cams Demo
Management Accountants
BE A BUSINESS LEADER
NOT A NUMBER CRUNCHER
When you’re a CGMA, it’s not just about the numbers
Our unique blend of management
accounting, financial accounting and
business-focused subjects produces
competent and confident CGMAs
who can lead their organisations
to sustainable success
2 / CIMA
CONTENTS
26 Study options
27 Getting started
www.cimaglobal.com/register
WHAT IS A CHARTERED GLOBAL MANAGEMENT ACCOUNTANT?
4 / CIMA
WHY BECOME A CGMA WITH CIMA?
www.cimaglobal.com/register
EMPLOYERS ACROSS THE GLOBE CHOOSE CGMAs
04/ /CIMA
6 CIMA
OPEN UP A VARIET Y OF CAREER ROLES
www.cimaglobal.com/register
ACHIEVE GREATER EARNING POTENTIAL
As a CGMA, you’ll earn more and go further. Even while you’re still studying
you will have a huge advantage in the job market, as it shows employers that
you’re dedicated, hardworking, commercially aware and serious about your
future. And, if you’re already working, the CIMA qualification will increase
your chances of progressing to a more senior position.
8 / CIMA
11
3 5
4
16
12
10 15 19
13
14 17
18
8
9
7
20
6
17 MAL AYSIA
Students: MYR81,220
Members: MYR186,503 21
13 INDIA 15 BANGL ADESH 18 SINGAPORE 20 AUSTR ALIA
Students: INR1,354,443 Students: BDT1,837,402 Students: SGD86,778 Students: AUD102,019
Members: INR2,783,759 Members: N/A Members: SGD189,904 Members: AUD144,149
CIMA’s on-demand exams and Much more than just number crunching
flexible structure put you in
control, so you can progress Management accounting combines accounting, finance and
through the qualification at management with the business skills and techniques you’ll need
your own pace. to add real value to any organisation. CGMAs are qualified to work
across the business, not just in finance, advising managers on the
Since you’re in the driving seat, financial implications of big decisions, formulating business strategy
it’s up to you how quickly you and monitoring risk – much more than just crunching numbers.
progress. You could complete
a level every year, or take a What’s the difference between management
steadier pace if you’re balancing accounting and financial accounting?
studies with a busy working
life, family commitments or Financial accounting
university studies. • Prepare reports, generally based on past performance, in line
with reporting requirements
With CIMA, you choose when • Produce the required financial information for use by other
and where to sit each exam, at functions within the business, for example department managers.
more than 5,500 Pearson VUE
test centres around the world. Management accounting
• Collate information such as revenue, cashflow and outstanding
debts to produce timely trend reports and statistics to inform
important, day-to-day management and business decisions
• Combine financial information with non financial information
data to paint a complete picture of the business. Then use
this to drive business success.
10 / CIMA
MY CGMA STORY
I started out as an accounts and audit supervisor, As I progressed through the course, my firm set “If you are looking
preparing accounts for a range of businesses, up an outsourcing department within the business. for well-rounded
mainly within the charity and academy sector. It’s a new role for Wilkins Kennedy and I’m now knowledge of
I looked into progressing through the usual route managing a team tasked with book-keeping, VAT, business finance,
of accountancy qualifications (AAT and ACCA), payroll and other outsourced services across a including marketing
but after completing AAT, I realised my interests range of businesses. and HR, as well
lay in management accounting. I wanted the as statutory finance
most relevant and respected qualification, Having just started the outsourcing department, requirements, then
which is how I found CIMA. my CIMA qualification will help with the services the CIMA qualification
I can offer clients. Having the CGMA designation is the one”
Wilkins Kennedy has been a great support. on my business card shows clients I’m a qualified
The firm pays for my course and exam fees professional who has the right skills to perform
and allows me time off for exams. The most the work to a high standard.
challenging aspect is the time commitment for
studying while having a full-time job. A lot of my If you are looking for well-rounded knowledge of
studying is in the evenings and it can be difficult business finance, including marketing and HR, as
to concentrate after completing a busy day in well as statutory finance requirements, then the
the office. However, focus and determination CIMA qualification is the one. It takes effort, but
to succeed has seen me through. it will contribute to my future career progress.
SKILLS FOR TODAY, AND TOMORROW
Leadership skills
Building and motivating teams,
and driving performance.
12 / CIMA
THE CIMA QUALIFICATION FR AMEWORK
E3 P3 F3
Strategic Risk Management Financial Strategy
Management
MANAGEMENT AWARD : CIMA Advanced Diploma in Management Accounting (CIMA Adv Dip MA)
LEVEL
Management Case Study Exam
E2 P2 F2
E1 P1 F1
Organisational Management Financial
Management Accounting Reporting and
Taxation
BA4
Fundamentals of Ethics,
Corporate Governance and Business Law
www.cimaglobal.com/register
THE CIMA CERTIFICATE IN BUSINESS ACCOUNTING (CERT BA)
14 / CIMA
BA1 Fundamentals of Business Economics BA2 Fundamentals of Management Accounting
acroeconomic and
M he Context of
T
Institutional Context Management
of Business (25%) Accounting (10%)
Microeconomic and Costing (25%)
Organisational Context Planning and
of Business (30%) Control (30%)
Informational Context Decision Making (35%)
of Business (20%)
Financial Context
of Business (25%)
ccounting Principles,
A usiness Ethics and
B
Concepts and Regulations Ethical Conflict (30%)
(10%) Corporate Governance,
Recording Accounting Controls and Corporate
Transactions (50%) Social Responsability
Preparation of Accounts (45%)
for Single Entities (30%) General Principles of the
Analysis of Financial Legal System, Contract and
Statements (10%) Employment Law (15%)
Company
Administration (10%)
www.cimaglobal.com/register
THE CIMA PROFESSIONAL QUALIFICATION
16 / CIMA
Strategic level – takes into account long-term strategic decisions, Work experience required
and the provision of resources to implement these decisions None required to complete the qualification, but three years’
successfully. This is generally undertaken by senior management. verified relevant work-based practical experience is required to
achieve CIMA membership and become a CGMA.
Entry requirements
One of the following: Designatory letters
CIMA Certificate in Business Accounting When you complete each level, you will gain designatory letters
Relevant degree in accounting or business that show employers you're on your way to becoming a CGMA.
AAT Level 4 Diploma in Accounting Operational level – CIMA Dip MA
MBA or Master’s in Accounting Management level – CIMA Adv Dip MA
Member or passed finalist of an IFAC body. CIMA member – ACMA, CGMA.
www.cimaglobal.com/register
MY CGMA STORY
“Ashik has excelled I always knew I wanted to pursue a career that to university and are now on graduate schemes.
during his time at BT, was maths or finance related. I’d initially accepted They’re all doing well, but they all have thousands
outperforming his peers a place at the University of Surrey to study maths of pounds of debt and are just starting out in their
with a maturity and and economics, but my friend came across the BT careers. I’ve completed my apprenticeship and
intelligence that transcends finance school-leaver scheme (which shortly after have become one of the youngest commercial
his years. He’ll have a was recognised as the higher apprenticeship managers in the BT finance team, as well as one
long and successful scheme). I found that this was as good as any of the youngest CGMAs in the UK.
career ahead of him” graduate scheme with a great starting salary.
Stephen Horrex BT is an extremely supportive employer; many of
Senior Finance Leader, After being shortlisted, I had an interview and the senior management team are CIMA qualified
BT Openreach assessment. I remember being woken up by a call so there’s a great bank of knowledge to tap into
in the summer holidays to say I’d been successful for technical questions or advice. I’ve recently
but, typical teenager that I was, I just put down moved to the commercial finance team in
the phone and went straight back to sleep. BT Security where I will be managing bids, pricing
and product launches for the Cyber Security
When I received the full details of my portfolio. Although I’m now a CGMA, I’ve not ruled
apprenticeship, I knew it was a good opportunity out further qualifications entirely as learning is a
and that I would be studying CIMA, so I turned lifelong process, and I may look to add a Master’s
down my place at Surrey. Many of my friends went to my CIMA qualification sometime in the future.
04 / CIMA
START YOUR CGMA JOURNEY
School leavers (See page 20) Students or members of other professional bodies
(See page 23)
Are you about to leave school or college? Are you interested
in a rewarding and successful career in business? CIMA can Whether you’re studying another professional qualification
offer you an alternative qualification to university that is or you’ve progressed to membership, it’s important to think about
highly valued by employers worldwide. what you want to achieve next. Find out about exemptions and
the Professional Gateway accelerated route to CGMA.
Undergraduates/Graduates (See page 21)
Everyone else (See page 24)
Are you a university student or recent graduate looking to start
your career in business or finance? Graduates in any degree Anyone can study the CIMA qualification, whether you already
discipline can study the CIMA qualification and get a head work in business and finance, want to change career or even hope
start in the job market. to run your own business. Find out how you can become a CGMA
if you don’t fit into any of the above entry routes.
MBA and Master’s in Accounting (See page 22)
www.cimaglobal.com/register
SCHOOL LEAVERS
School to CGMA
at a glance:
Qualify sooner – you You don’t need a degree to start a successful career after school
don’t need a degree to or college. By training with CIMA you can bypass university and
start studying the head straight for the world of business.
CIMA qualification
You get to call the shots and study at your own pace in a way
he CIMA Cert BA – a
T that suits you. You can study full-time, part-time, while working,
qualification in its own right in a classroom or through distance learning.
Once you’ve completed the You’ll start with our entry-level qualification, the CIMA Cert BA.
CIMA Cert BA, move up to the This will help you build your business and financial knowledge. It’s
CIMA Professional Qualification a recognised qualification in its own right and a great introduction
to the world of business, whether you’re looking to secure a top
job or run your own company. Upon completion you can use the
designatory letters CIMA Cert BA.
20 / cimaglobal.com/schoolleavers
UNDERGR ADUATES/GR ADUATES
University to CGMA
at a glance:
Graduates in any degree Studying the CIMA qualification after university and boosting
discipline can study the your degree with a professional qualification is a strong career
CIMA qualification move. You’ll gain new, employable business skills and experience,
and you’ll impress potential employers just by adding ‘CIMA
Exemptions are available student’ to your CV.
if you have completed
a relevant degree You can even begin studying while at university and graduate with
a head start in the job market. You’ll start with the CIMA Cert BA.
Option to begin studying It’s a recognised qualification in its own right and can also be
the CIMA qualification a stepping-stone to the CIMA Professional Qualification. Graduates
while at university and in any discipline can study the CIMA qualification, but if you’ve
graduate with a head already completed a relevant degree, like accounting or business,
start in the job market you may be entitled to exemptions from some exams, allowing
you to progress onto the CIMA Professional Qualification sooner.
www.cimaglobal.com/graduateroute
MBA AND MASTER’S IN ACCOUNTING HOLDERS
Master’s to CGMA
at a glance:
22 / cimaglobal.com/mastersroute
STUDENTS OR MEMBERS OF OTHER PROFESSIONAL BODIES
The Professional Gateway To follow the Master's or Professional Gateway routes, you
route is the accelerated entry must first pass the CIMA Gateway exam (also known as the
route to the CIMA Professional Management level Case Study exam for those who are not
Qualification and the globally on the accelerated route). The CIMA Gateway exam is:
recognised CGMA designation.
A three-hour computer-based case study exam
This accelerated route is
open to members and passed Available in four exam sittings per year
finalists of professional bodies
which are both: An assessor of knowledge and competencies covered in the
Management level of the CIMA Professional Qualification
A member of the
International Federation Once you have passed the CIMA Gateway exam, you will be granted
of Accountants (IFAC) exemptions that include subjects from the CIMA Cert BA and
Operational and Management level exams, allowing you to progress
An examining body straight to the Strategic level of the CIMA Professional Qualification.
cimaglobal.com/professionalroute
EVERYONE ELSE
Anyone can study the Whether you already work in business and want a professional
CIMA qualification, whether qualification to help you progress, or you have no business or
you’re new to business and finance background and want to make a change, becoming a
accounting or already have CGMA could be the best career decision you ever make.
some experience
If you don’t already hold a relevant qualification, you’ll start by
E xemptions are available studying the CIMA Cert BA, which will give you a solid grounding
if you already have relevant in the fundamentals of business and finance. You can study it as
qualifications a stand-alone qualification or as a stepping-stone to the CIMA
Professional Qualification.
Opens doors to all types of
roles, not just within finance You’ll be able to use designatory letters along the way to CGMA,
too. Upon completion of the CIMA Cert BA you will earn the letters
CIMA Cert BA, after the Operational Level of the Professional
Qualification you will be able to use CIMA Dip MA, and following
Management level, your letters will be CIMA Adv Dip MA.
24 / cimaglobal.com/ever yone
MY CGMA STORY
After graduating with a BA (Hons) in Accountancy Preparing for the Case Study exam equipped me “My manager at
and Finance, I joined Interbrew as a Finance with the skills I needed to work in a modern my first job was
Analyst. Following a short spell with the National commercial finance function. CIMA-qualified
Australia Group I moved to Whyte and Mackay and spoke highly
as a Business Analyst where I stayed for six years. Since then, the CIMA qualification has taught of it. In fact,
At that point, I wanted some international me to look for solutions that aren’t necessarily everywhere I’ve
experience, so worked in Dubai for two years the obvious ones. Along with my experience, worked, my direct
before returning to the UK as Commercial Finance being a CGMA brings respect and confidence. manager has been
Manager for Brewdog. CIMA-qualified.
I enjoy working for an FMCG and specifically a That says a lot”
My first contact with CIMA was at university and brewery. You can be part of a decision-making
I remember being impressed. My manager at my process one week, then buying the beer in a bar
first job was CIMA-qualified and spoke highly of it. or off the shelf the following week.
In fact, everywhere I’ve worked, my direct manager
has been CIMA-qualified. That says a lot. Brewdog is an amazing company to work for
and has exciting plans, such as opening a brewery
I completed my CIMA training while working as in Ohio. Craft beer is the fastest-growing beer
a Business Analyst at Whyte and Mackay and was category in the UK and as Brewdog expands, I see
then promoted to Commercial Finance Manager. great opportunities for me to develop.
cimaglobal.com
STUDY OPTIONS FEES
The way you study will hold the key to your How much does it cost
to study with CIMA?
exam success so it’s important to choose a CIMA students pay a one-off
learning method that works best for you. In registration fee, an annual
line with our flexible, on-demand assessments, subscription fee, and a fee
there are a wide range of study methods that for each exam or exemption.
For our fees list and
you can choose from. more information, visit
www.cimaglobal.com/fees.
Studying with a tuition provider Explore all your
You can attend a course with one of the many global tuition study options You also need to take into
providers that teach the CIMA qualification. This is a good option if Our handy study shop will account the cost of study
you like to study with others and appreciate having a tutor on hand help you choose the right study materials and any tuition
for any questions. Lessons will be planned to cover the full course method for you, containing all classes you take. Tuition
and offer revision prior to sitting your exam. CIMA-approved study products, fees are charged separately
resources and courses in one and are paid directly to
It’s easy to find a top-quality, accredited tuition provider near you easy place. Visit www. the tuition provider.
through the CIMA Global Learning scheme. cimaglobal.com/study-shop.
26 / CIMA
GET TING STARTED
www.cimaglobal.com/register
FURTHER INFORMATION
Two of the world’s most prestigious accounting bodies, AICPA and CIMA, formed a joint venture
to establish the CGMA® designation and elevate the profession of management accounting.
CGMA®, Chartered Global Management AccountantTM, and the CGMA logo are trademarks
of the Association of International Certified Professional Accountants. These trademarks
are registered in the United States and in other countries.