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CIMA BA1

Fundamentals Of Business Economics


South & City College Birmingham

Summary

Price
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Payment options

Flexible, interest-free, part payment options available.

Study method
Online, self-paced
Duration
24 Months
Qualification
Level 3 Certificate in Business Economics

14 students enquired about this course

Overview

The Chartered Institute of Management Accountants (CIMA) is the world's largest and leading professional body of management accountants. Learn the essentials of business economics with this course and you could be well on your way to completing the CIMA Certificate in Business Accounting.

Qualification

Level 3 Certificate in Business Economics

Description

Who are CIMA?

The Chartered Institute of Management Accountants (CIMA) is the world’s largest and leading professional body of management accountants.

Course Units

  • Introduction to Economics
  • The Price Mechanism
  • Elasticity of Demand and Supply
  • Market Failures and Price Regulation
  • Costs and Growth of the Firm
  • Market Structures
  • National Income
  • Money and Banking
  • Inflation and Unemployment
  • Government Policies to Influence an Economy
  • The International Environment
  • Summarising and Analysing Data
  • Forecasting
  • Financial Markets and Techniques

Course Duration

The CIMA BA1 Fundamentals of Business Economics course will take approximately 25 hours for you to study, we give you 24 months to complete the course so you can complete it at your own pace.

Who is this course for?

CIMA qualifications are ideal for finance professionals who are focusing their careers on management accounting or who are in a business finance role. This course will help to lay the foundations for your future and deliver the knowledge you need to work your way to the top.

Requirements

There are no requirements for this CIMA course. However, CIMA do offer exemptions. If you have an accountancy or finance degree or are AAT qualified and an existing member, you will be able to skip the CIMA Certificate in Business Accounting and move straight onto the CIMA Professional qualification.

Career path

A qualification with CIMA can open many career opportunities, whether that is working in Finance, Project Management or Accountancy. You will also be able to continue onto further studies in CIMA, with the rest of the CIMA Certificate in Business Accounting, with studying members of CIMA earning an average salary of £32,000.

Once you qualify as a CIMA member you can earn wages of up to £60,00

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What is a ‘regulated qualification’?

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.

What is an ‘endorsed’ course?

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 ABC Awards and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.

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