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FAQ's on CIMA

1. Why CIMA?

CIMA is the only accounting body that focuses primarily on business needs. It provides more strategy, more management accounting and more relevance across a broad business perspective than other professional accountancy qualifications.

2. How many levels does CIMA consist of?
 

 

3. What is the minimum entry requirement?

Student should be above 16 years of age.

4. What is the total duration for the course?

The total duration to complete CIMA Exams is two and a half years.

5. Is CIMA Equivalent to a degree?

Yes, CIMA qualification is equivalent to undergraduate and postgraduate study and a CIMA Exam qualified candidate is eligible to register for an MBA programme.

6. Does Imperial College provide career opportunities or Job bank facilities?

Employment seekers among students of Imperial College have the benefit of a job bank which carries job openings related to CIMA's practical experience requirements from several leading companies, where members of the lecture panel, past and present students of Imperial College hold high caliber positions.

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Registration and Exams

1. What are the fees related to the course?

Tuition Fees

Tuition Centre registration fee and class fee per subject is payable to Imperial College.

Registration and subscription fees payable to CIMA

Registration fee along with the annual Subscription fee (in pounds) is payable to CIMA - UK in order to register as a CIMA student.

Thereafter students are required to pay subscription fees annually to renew student membership with CIMA.

Exam Fee

Students are required to pay an exam fee per subject at each level in order to face CIMA examinations.

For further details please click here

 

2. How do I register with CIMA - UK?
Staff at Imperial College will assist you during the registration phase.

3. How and when are Exams held?

CIMA Certificate in Business Accounting Exams (Foundation/Certificate level)

  • At this level exams are held by computer-based assessments at CBA Centres. They may be taken at any convenient time.
  • Imperial College is an accredited CBA Centre.
  • CBA papers are GBP 45 each and the payment can be made to Imperial College in local currency for the total value in pounds.

 

Professional qualification: Operational, Management, Strategic and TOPCIMA exams

  • CIMA conducts two paper-based exam sittings a year, in May and November.
  • Staff at Imperial College will assist you with the exam booking procedures.

 

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Structure & Syllabus Change 2010

Managerial Level & Strategic level

1. What are the significant structural changes compared to the current structure in Managerial level?

  • The current 6 subjects at Managerial level is been spilt as Operational level and Management level with 3 subjects at each level.
  • On successful completion of all operational level subjects, students are awarded the CIMA Diploma in Management Accounting.
  • On successful completion of all management level subjects, students are awarded the CIMA Advanced Diploma in Management Accounting.

 

2. Can combinations of examinations from different learning pillars from Operational and Management level taken concurrently?

Although it is advised to sit and pass the operational level subject examination before sitting the management level subject, examinations from different learning pillars, at either operational or management level, may be sat concurrently.

 

3. Should all three examinations for the three different pillars at strategic level taken at once?

When attempting the strategic level subjects, students must sit all three examination papers (one from each learning pillar) together at the first sitting. At any subsequent examination attempts, these papers may be taken in any order and combination.

 

4. Is there a change in the method of assessment in strategic level?

According to the new syllabus candidates will be given a common per-seen case study for all three subjects in advance based on which the examination will be set.

 

5. What are the transition arrangements for current students following Managerial & Strategic level?

Registered CIMA students who have passed examinations (or been awarded exemptions from examinations) at the managerial level & strategic level of the CIMA 2005 syllabus, before the end of January 2010, will be given direct credits for the similar subjects at the operational, management and strategic level respectively in the CIMA 2010 syllabus.

 

TOPCIMA

1. What is the significant change in TOPCIMA?

The Test of Professional Competence in Management Accounting comprises of the following two component parts that must both be achieved in order to complete the test.

  • Part A - Initial Professional Development & Work Based Practical Experience.
  • Part B - Case Study Examination]

 

2. What is the transition arrangement available for TOPCIMA?

Registered CIMA students who have passed the TOPCIMA examination in the CIMA 2005 syllabus, before the end of January 2010, will be given a credit only for the Case Study Examination (Part B) component in the CIMA 2010 syllabus.

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