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CIMA Professional - Chartered Management Accounting -Operational E1, P1, F1, Management E2, P2, F2 & Strategic E3, P3, F3


City Business Library

Summary

Price
£850 inc VAT
Finance options
Flexible, interest-free, part payment options available.
Study method
Online
Duration
24 months · Self-paced
Qualification
No formal qualification
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately

Overview

The Chartered Institute of Management Accountants (CIMA) is the world's largest and leading professional body of management accountants. Use the knowledge CIMA can offer to enhance your decision-making skills across all areas of business with one of the courses that is considered to be one of the most relevant finance qualifications for business professionals.

Description

Who are CIMA?

The Chartered Institute of Management Accountants (CIMA) is the world’s largest and leading professional body of management accountants. CIMA offer the most relevant global finance qualifications for business.

Course Units

  • Grasp the fundamental elements of organisation management, inclusive of buyer behaviour, marketing aspects, information systems and legal issues.
  • Learn how to apply your established accounting knowledge to financial matters. This will include budgets, variance analysis, cash flow forecasts and investments.
  • Understand the layout of financial statements and demonstrate confidence with regards to tax, audits, assets and report financial performance.
  • Explore project management and strategic analysis, including the core understanding of the techniques that a business requires to succeed.
  • Understand the importance of leadership and develop your management skills to really ensure that you are well equipped to further your career possibilities.
  • Understand how pricing and budgeting affect the performance of a business.
  • Learn how the learning curve theory and break-even analysis can play an important role in business strategies.
  • Realise how advanced management accounting, financial analysis, retirement benefits various groups and associate can help you progress in your field.
  • Apply knowledge of marketing, strategic management and environmental analysis and see how they determine the overall position of a business within its industry.
  • Calculate risks and manage them and learn more about the auditing process.
  • Learn how short-term and long-term financial strategy is a fundamental building block for any growing business.

Course Duration

The CIMA Professional Chartered Management Accounting qualification will take approximately 198 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?

The CIMA Professional Chartered Management Accounting qualification is 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

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

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

Questions and answers

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FAQs

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.