What is CIMA?
Chartered Institute of Management Accountants is a UK based worldwide recognized professional body of management accounting that offers training and certification in management accounting. It is an accounting focused training provided to accountants working in various verticals.
Renowned across the globe for providing top class accounting training and support CIMA training course gives its aspirant required qualifications and provides proficiency in Finance and expertise to make important business decisions while preparing you to stature where you can provide key financial advice to an individual or businesses.
CIMA qualified members are the first choice of companies looking to hire management accountants, and they in fact are working for various reputed organizations across the world.
Why CIMA
A member who has successfully completed the training course is more likely qualified to get an opportunity when it comes to management accounting because of their knowledge in extensive strategy in business than a non CIMA qualified candidate.
A Chartered Institute of Management Accountants qualified personnel is more involved when it comes to management accounting also this training enables them opportunities within and outside the Financial sector because of the nature of their qualifications that emphasizes more on accounting and management.
This training allows the members to engage in a variety of modules like Project Management, Finance, Financial analysis, Accounting, Business analysis, Forensic Accountancy etc.
Who should do CIMA
Anyone with a graduate or undergraduate degree with expertise in Mathematics and wants to pursue a career in Financial Accounting Management is an idle candidate for this course. CIMA Qualified accountants are regarded as the best and are in great demand by employers across the world because of their strategic focus and extensive knowledge of management accountancy.
How to be a CIMA Qualified member.
CIMA Institute offers the course and the applicants are required to clear four levels of exams in addition to other requirements.
Eligibility:
Any Undergraduate (12th pass)
There are various Subjects focused on Management Accountancy such as
Certificate in Business Accounting, Fundamentals of Business Economics,
Financial Accounting, Management Accounting, Ethics, Corporate Governance, Business Law, Business Mathematics etc.
While it takes around 2 years for a graduate to complete and clear all 4 levels of exam, the approximate course fee for all exams is around 1 lakh with a tuition fee of 1 lakh for all the levels.
It must be noted that you can take this course while you are working a regular job.
Average salary for a CIMA qualified member may vary from 4 lakhs to 10 lakhs upwards, You can find job opportunities in various verticals Finance, Accounting firms, Audit firms, Corporate legal departments etc.
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