CIMA Professional Qualification Operational Level
Cyber Monday Sale! | E1, P1, F1 | Tutor Support | Study Books | Pocket Revision Kits | Interest-free plans
e-Careers
Summary
Interest-free finance options available.
- Tutor is available to students
- TOTUM card available but not included in price What's this?
Add to basket or enquire
Overview
The CIMA Professional Chartered Management Accounting qualification is considered one of the most relevant finance qualifications in the world for business professionals.
This qualification consists of official CIMA approved training materials, which includes eLearning, Study Books, Exam Preparation Guides, Pocket Revision Kits and Unlimited Tutor Support.
The Operational Level is the first level of the CIMA Professional Qualification, consisting of three subject areas:
- E1 - Managing Finance in a Digital World
- P1 - Management Accounting
- F1 - Finance Reporting
The knowledge gained at this level will help you to make short term decisions, work with others within your organisation to use appropriate technology and data to convert medium term decisions into short term, actionable plans.
After completing the tests and Case Study exam, you will receive the CIMA Diploma in Management Accounting and will gain the designatory letters CIMA Dip MA. The next stage in your CIMA journey will be the CIMA Professional – Management Level.
Certification
CIMA Professional, Diploma in Management Accounting
Course media
Description
Why study CIMA with e-Careers?
Our CIMA Professional Operational package includes eLearning, Study Books, Exam Preparation Guides, Pocket Revision Kits and Unlimited Tutor Support. eLearning gives you the flexibility of accessing the course and training whenever suits you, 24/7.
- High pass rates
- Over 600,000 students have trained with us since 2011
- Includes responsive Tutor support from experienced Trainers
- 0% Finance to spread the cost
- Highly rated on Trustpilot
The Chartered Institute of Management Accountants (CIMA) is the world’s largest and leading professional body of Management Accountants. CIMA offers the most relevant global finance qualifications for business.
CIMA Professional - Operational Level Course Overview
There are three subject areas in the CIMA Professional – Operational Level:
- E1 - Managing Finance in a digital world
- P1 - Management Accounting
- F1 - Finance Reporting
E1 - Managing Finance in a Digital World
Learn the central role finance plays within an organisation and why and how technologies used can impact the finance function.
Understand how to examine and use data collected and processed, to create and preserve value for companies.
Discover how the finance function is shaped and structured, as well as how it interacts with different sections of the organisation, to achieve organisation-wide objectives.
P1 - Management Accounting
Learn what costing is used for and how it is done.
Discover how budgets are prepared and implemented throughout an organisation and the impact it has on a business.
Understand essential techniques used to ensure effective short-term decision making, using risk management tools.
F1 - Finance Reporting
Learn who the regulators are and what they do, as well as why and how these regulations are applied.
Discover how to prepare financial statements using correct reporting standards. Discover the tools used to ensure an organisation has enough cash to continue with its regular operation.
Understand how to calculate corporation tax and learn how to distinguish between different types of taxes.
Once completed, you will gain the required knowledge to make short term decisions and use appropriate data and technology to develop short term actionable plans from medium-term decisions. Upon completion, you will earn the part qualified designatory letters CIMA Dip MA.
E1 Managing Finance in a digital world
- 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 organisation
P1 Management Accounting
- Cost Accounting for decision and control
- Budgeting and budgetary control
- Short term commercial decision making
- Risk and uncertainty in the short term
F1 Finance Reporting
- Regulatory environment of financial reporting
- Financial statements
- Principles of taxation
- Managing cash and working capital
Advantages of this Course
- Study CIMA wherever and whenever suits you best
- Official CIMA approved course content
- Improve earning potential with a CIMA qualification
- CIMA members (CGMAs) earn an average of £66,000 per annum*
- 63% of CIMA students expect to receive a bonus within 12 months of qualifying*
- There are a wide range of job roles, including financial, consulting and management
- Tutor Support available
- Self-paced study enables you to determine how quickly you can progress
* Source - 2019 Association of International Certified Professional Accountants Salary survey
CIMA Professional - Operational Level Exam Info
Objective Test
The Operational Level has a 90-minute, computer-based Objective Test.
Objective Tests include a range of number entry questions, short multiple-choice questions, drag and drop questions, and more. They will test all component learning outcomes you have covered within this course.
This test is computer-graded, and you will receive a provisional grade of pass or fail immediately. Official results will be sent out within 48 hours.
Your exam can be taken at any Pearson Vue Test Centre around the world, with a choice of 5,000 centres. The examination fee is not included in the cost of the course.
Case Study
The Operational Level will conclude with a Case Study Examination, which integrates the skills, techniques and knowledge, gained across the three subjects covered. These Case Study Exams are available four times a year: Feb, May, Aug & Nov.
The role simulated in this Case Study is that of an Entry level finance professional. You will be provided with a simulated context, allowing you to demonstrate you have acquired the necessary knowledge, techniques and mindset for that role.
These Case Study exams are human marked, and you will receive your results five weeks after the close of the Case Study window on your MY CIMA account.
We are proud of our Excellent rating on Trustpilot, with over 14,000 customer reviews!
“The service that I have received has been excellent and the team are really helpful and supportive. Would highly recommend”.
Daniel
“Great courses and great customer service experience! Recommended to my friends. Thank you”.
Nadia
About CIMA
As the world’s leading and largest professional body of management accountants, CIMA has built an outstanding reputation in the professional world of accounting. With over 100 years of experience, they leverage their heritage and history, to provide excellent training for professional accountants.
Who is this course for?
If you’re interested in a career in Business Management and you have already completed the CIMA Certificate in Business Accounting course, AAT Level 4 qualification or you already have experience in accounting, the CIMA Professional - Operational Level is the next logical step towards earning your CIMA CGMA status.
Requirements
If you have an accountancy or finance degree, or are a member of AAT who is qualified, you can start the CIMA Professional qualification. If you are new to the finance industry, or are just starting in your journey to gain recognised qualifications, you will need to start with the CIMA Certificate in Business Accounting before progressing to the CIMA Professional qualification.
Career path
Having a CIMA qualification can open many career opportunities within a business finance capacity. As this is the first level in the Professional qualification, you will be able to continue studying to gain your CGMA status, becoming fully qualified.
Salary expectations at this level are around £32,000, with fully qualified CIMA members earning in excess of £60,000.
Questions and answers
Reviews
Currently there are no reviews for this course. Be the first to leave a review.
Legal information
This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.