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Welcome to the business world of the twenty-first century. A fast moving world of great uncertainty, and great opportunity for those with talent, vision and the right qualification.

This world needs people with the knowledge and skills that are acquired by becoming a Chartered Management Accountant. The Chartered Institute of Management Accountants (CIMA) may be the right qualification for you, particularly as you can study at your own pace by Distance Learning from any geographical location.

Based in the United Kingdom, The Chartered Institute of Management Accountants is the leading management accounting body in the world. Since its foundation in 1919, CIMA has continued to revise their programme in line with leading edge developments in financial management. The CIMA qualification, which is totally relevant to the needs of business, is highly sought after in organisations and have been voted by employers in the U.K. as the most preferred professional accountancy qualification.

The CIMA qualification

CIMA is quite unlike other accounting or financial qualifications. Its scope extends far beyond pure accountancy and even most management training courses. It is a complete education for business in the twenty-first century. And it is recognised and valued the world over.

By completing the CIMA Professional Chartered Management Accounting qualification you will show to employers that your skills set is far greater than number crunching alone. You will have developed key decision making, management, strategic and analytical skills.

Year after year, the world’s most prestigious employers put CIMA at the top of their list of preferred business qualifications. CIMA will be your passport to career success in any field you choose: commerce, financial services, consultancy, government, the public sector, or manufacturing.

By becoming a member of the Chartered Institute of Management Accountants (CIMA), you will attain the world’s most prestigious qualification for strategic and financial management. It is your true global currency.

Your career

The day of the ‘bean counter’ has gone forever.

Line managers responsible for the day-to-day profitability of their business operations use sophisticated software to analyse the financial consequences of their decisions. Financial record-keeping and analysis are automated. And financial accountability has become a key part of every executive’s job description.

Meanwhile, to maintain the growth rates that capital markets demand, business leaders are compelled to make increasingly risky decisions. They look to their finance people to support and participate in these decisions to help them understand the risks and likely consequences and to help manage the rapid change that their organisations must then undergo.

This means that management accountancy skills influence every area of a business, are internationally recognised and are valued in every business and industry sector.

Career options

The strategic and decision making skills you will acquire through doing CIMA will give you many more career options, not necessarily in Finance. Many CIMA members work in Management Consulting, Business Analysis or Project Management. Many then move on to Finance Director and Chief Executive positions.

Salary expectations

CIMA membership has reported the following results after qualification:

  • UK: 80% earn more than £30k; 40% earn in excess of £50k (which in Ireland rises to 44%) with 9% earning over £100K
  • Malaysia: 95% earn over 63,631 Ringgit
  • Hong Kong: 94% bring home more than 391,601 Hong Kong Dollars
  • South Africa: 65% are paid over 382,267 Rands
  • Sri Lanka: 44% earn in excess of 1,621,012 Rupees

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