Skip to content

CIMA : Managing Finance in a Digital World- E1

Awarded by CIMA | Globally Recognised | *FREE Business Ethics Diploma* | Unlimited Access for 365 Days

Global Edulink


£89 inc VAT
Or £29.67/mo. for 3 months...
Study method
10 hours · Self-paced
Access to content
12 months
CIMA Diploma in Management Accounting
Professional certification What's this?
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately
  • Tutor is available to students


Managing Finance in a Digital World- E1

The ideal course for anyone interested in pursuing a career in management accountancy!

This unit provides a comprehensive overview of managing financial activities in the digital world. With all the entities of the world becoming digitized, you will learn all the latest financial functionalities in this digital age. Therefore this unit not only provides an in-depth overview of digital financial functionalities but also how such functionalities could be managed as management is a key component in every asset in the Financial industry. Furthermore this unit will underpin your knowledge further in the areas of marketing tools, human resources and ethical practices.

This unit is also part of the Diploma in Management Accounting in CIMA certified qualification and hence acts as one of the prerequisite to your pathway to get CIMA certified. Therefore in addition to laying the stepping stone for your CIMA qualification you will also gain valuable experience required as per industry standards.

With our fullest support, we can confidently guarantee that you will achieve success in this unit. This is because we want all our clients to succeed as your success is our success.


Sign up for this CIMA : Certificate in Business Accounting (CIMA Cert BA) course, and get FREE access to the CPD accredited Business Ethics Diploma : LEVEL 3 Course

Hurry! Don’t Delay



CIMA Diploma in Management Accounting

Course media



  • How finance plays a central role within an organisation and how technologies can impact finance functions.
  • Why it is important to collect data and upon examination learn how it creates value for the organisation.
  • How finance is integral to how other parts of an organisation works and how it interacts with the rest of the organisation to achieve a common goal.

COURSE CURRICULUM (Type Of Course Material: Text)


E1: Managing finance in a digital world

Chapter 1 - The finance function in the digital age

  • The Digital Mindset
  • The Shape Of The Finance Function

Chapter 2 - The finance functions

  • Introduction
  • The Components Of The Finance Function
  • Relationships Within The Organisation
  • Potential Conflicts Of Interest Within The Finance Role

Chapter 3 - Technology and information

  • The Fourth Industrial Revolution
  • The Nature Of Information
  • The Qualities Of Good Information
  • IT Choices
  • The ‘Web’, The Internet, Intranets And Extranets
  • Big Data
  • Software For Big Data
  • Extraction, Transformation And Loading
  • Business Intelligence
  • Monetising Data

Chapter 4 - Operations management

  • What Is Operations Management
  • The Supply Chain
  • Supply Portfolios

Chapter 5 - Management of relationships within the supply chain

  • Lean Synchronisation
  • Supply Chain Relational Management
  • Materials Resource Planning (MRP I) And Manufacturing Resource Planning (MRP II)
  • Statistical Process Control

Chapter 6 - Process technology and quality control

  • Computer Numerical Control
  • Robots
  • Automated Guided Vehicles (AGV)
  • Flexible Manufacturing System
  • Computer-Integrated Manufacturing (CIM)
  • Quality Management
  • Reverse Logistics

Chapter 7 – Marketing

  • What Is Marketing
  • PESTEL Analysis
  • Market Segmentation
  • Market Targeting
  • 7 P’s
  • Social Media
  • The Impact of E-Business

Chapter 8 - Marketing tools

  • Marketing Research
  • Business To Consumer, Business To Business And Business To Government Marketing
  • The Marketing Of Services And Products Compared
  • Relationship Marketing
  • Experiential Marketing
  • Brands
  • Product Life Cycle
  • Boston Consulting Group Matrix

Chapter 9 - Human resource planning (I)

  • The Importance Of Human Resource Management (HRM)
  • HR Cycle

Chapter 10 - Human resource planning (II)

  • Appraisal
  • Competence Frameworks
  • Training And Development
  • Employee Motivation
  • Rewards

Chapter 11 – Ethics

  • What Are Ethics?
  • The Importance Of Ethics In Business
  • CIMA’s Ethical Guidelines

Syllabus Structure

  • Role of the finance function
  • Technology in a digital world
  • Data and information in a digital world
  • Shape and structure of the finance function
  • Finance interacting with the organization


This is an objective test. The objective test must be passed in order for learners to complete the syllabus module. Additionally, learners who wish to progress to the CIMA Operational Level qualification should also successfully pass this test.

The objective test must be passed before the learner books the case study exam.

Exam Details

This is an entry level finance exam that will allow the learner to demonstrate if they have acquired the relevant skills, techniques and knowledge to be displayed in that role. The exam will comprise of a computer-based objective test and 1 case study exam.

Objective Test

  • Format – Computer-Based
  • Duration – 90 Minutes
  • Results – Provisional results available followed by confirmation within 48 hours

(A score out of 150 is given, with 100 representing a Pass)

Operational level objective tests - GBP110 (Tier 1 per exam)

Please Note : Official Exam is not provided, It should be purchased separately

Please note that the prices are subject to change by the The Chartered Institute of Management Accountants (CIMA) at any given time. The above price mentioned per objective test are at the time of writing only. You may check with the official CIMA website for latest updates in prices.

Access Duration

You will have 12 Months access to your online study platform from the date you purchased the course. The course is self-paced so you decide how fast or slow the training goes. You can complete the course in stages revisiting the training at any time.


Upon the successful completion of the unit Managing Finance in a Digital World- E1, learners can advance to the next unit of the Certificate in Business Accounting (CIMA Cert BA) Or If the learner has already completed other units, can apply to the final exam of Diploma in Management Accounting (CIMA Dip MA).

Who is this course for?

  • School leavers
  • Students or members of other professional bodies
  • Undergraduates and graduates
  • Anyone with an interest in pursuing a career in management accountancy


Learners must be over the age of 16 and have basic knowledge in Mathematics, ICT and English Language.

Career path

Upon completing this module syllabus, you will be one step closer to having a career in business and finance. This module does not give you direct access to gain employment, you have the opportunity to take the rest of the modules in the CIMA Operational Level Certificate. A career in management accounting is waiting for you, and will provide a clear path to progress in your desired employment.

Questions and answers

No questions or answers found containing ''.

Mohammed Azeeez asked:

What is the cost of the assessments and exams? What is the full duration of completion of the CIMA qualification? All modules


Dear Mohammed, Thank you for your query. You will have 12 Months access to your online study platform from the date you purchased the course. The course is self-paced. You can complete the course in stages revisiting the training at any time. Format – Computer-Based Duration – 90 Minutes Results – Provisional results available followed by confirmation within 48 hours. Operational level objective tests - GBP110 (Tier 1 per exam) Regards, Student Support Team Student Support Team

This was helpful. Thank you for your feedback.


Currently there are no reviews for this course. Be the first to leave a review.


Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.