Chartered Institute of Management Accountants

Course details

The Chartered Institute of Management Accountants (CIMA) prepares people for a career in business and finance. It teaches skills for strategic advice, managing risk and making key decision. It is more than training people for private practice, working on external audit and tax issues. CIMA's syllabus consistently provides more management accounting, business and financial strategy. The syllabus is designed to deliver strong understanding of all aspects of business. As a member of CIMA, candidates can contribute in many areas of an organization.

Why Should I Study CIMA?

Unlike other accounting qualifications, the CIMA Professional Qualification combines business & management skills with a firm financial foundation. The new CGMA Competency Framework ensures you are fully trained in Technical, Business, People and Leadership skills. It is also a springboard to succeed both within and outside the finance arena hence giving you more career options. CIMA professionals are financially qualified business leaders in all areas of an organization.

The CIMA qualification develops professionals that are marketable across international boundaries. CIMA is a quality standard that is recognized around the globe enabling you to work at a senior level in any country.

What does a Chartered Management Accountant do?

• A CIMA Chartered Management Accountant is a financially qualified business leader
• with unique skills and abilities to support the organization by providing:
• Strategic insight & advice
• Decision support for key management and financial business issues
• Project, risk & change management
• Business partnering

Helping employers to see the bigger picture

The work of a Chartered Management Accountant could involve evaluating a company's existing financial systems and devising a way to do things more efficiently. It might mean monitoring their spend or assessing the effectiveness of their financial controls. But whatever it entails, the role of a CIMA member is about helping money and technology work harder and people work smarter.

Be recognised globally

• By becoming a CIMA member you will join the world's largest professional body of management accountants. You will be able to use the Chartered Global Management Accountant (CGMA) designation and be part of a truly global network.
• The CGMA designation is powered by two of the world's leading accounting bodies - CIMA and AICPA. It aims to establish management accounting as the most valued profession in business worldwide.

What does a Chartered Management Accountant do?

A CIMA chartered management accountant is a financially qualified business leader with unique skills and abilities to support an organisation by providing:

• Strategic insights and advice
• Decision-making support for key management and financial business issues
• Project, risk and change management
• Business partnering

Helping employers to see the bigger picture

• The work of a Chartered Management Accountant can involve evaluating a company's existing financial systems and devising a way to do things more efficiently. It might also mean monitoring spend or assessing the effectiveness of financial controls. But whatever it entails, the role of a CIMA member is about helping money and technology work harder, and people work smarter.

Why Should I Do CIMA at Noesis?

'CIMA QUALITY PARTNER AND EXAM CENTRE'

• Noesis is the only course provider in Malaysia that offers tutorials for all levels including the gateway exam and CBA. We are also an authorized Pearson VUE exam centre. Noesis provides a well-balanced understanding of theory and practice to students with instructors who are practitioners with wide industry experience. Our lecturers are dedicated and experienced instructors, most of whom are CIMA holders and have over 10 years of lecturing and training experience. In providing part-time studies, we understand the priority to provide flexibility for our students in their study schedules. Taking into consideration the need for students to balance work and their studies, classes are conducted intensively on weekends. We also recognize that as working adults, the sharing of experience and interaction with lecturers in class is an important tool of learning; therefore class numbers are kept small. In addition this allows personal and professional attention to be directed to each inpidual.

CIMA CURRICULUM

• The syllabus is strong on the core accounting skill, but also includes 'Big Data', sustainability, integrated reporting and finance function transformation. We also study risk, as well as costing and cost management.
• Passing your CIMA assessments at every level shows to an employer that you have a grasp of theory and practice.
• The syllabus is split into three pillars and three levels, and comprises 12 exams.

Operational and Management Levels

Operational level

This is first level of the professional qualification. You will learn how to:

• Prepare financial statements.
• Provide management accounting information.
• Use appropriate tools for decision making through a broad understanding of business.

Management level

This is the second level of the professional qualification and consists of three exams. You will learn how to:

• Prepare group accounts.
• Make pricing and product decisions based on a robust analysis.
• Manage projects and relationships.

Strategic Level

• This is the third and final level of the professional qualification and consists of three exams. You will learn how to formulate financial strategy and manage strategic relationships while managing risk, using the competencies gained at operational and management levels.

Assessment

Objective tests

• You take nine key assessments (the objective tests) on demand and via computer with results available immediately. This will give you more flexibility with how you plan your way through the qualification.
• You can choose to sit your assessments the moment you feel you are ready. There's no need to follow a rigid test schedule. As soon as you pass, you can move on to the next objective test.

Case studies

• Our case studies, available four times a year, focus on the key skills employers have asked for.
• Our case study assessments consolidate the learning at each CIMA level (operational, management, strategic) to reflect real-life work situations. They are also taken via computer but marked in person by our examiners.

PROGRAMME REQUIREMENTS

• CIMA Certificate in Business Accounting or
• Relevant degrees in accountancy or business or
• Accounting Technician qualification or
• Selected relevant professional qualifications or
• Recognized Open University certificates in accounting or
• MBA (see below for more info)