5 reasons – why choose CIMA?

By Sunil Taneja

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.

Be recognised globally

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.

Combine Finance & Business

CIMA focuses on business, giving you more than just accounting knowledge. You will not only be financially qualified but also professionally trained in business management, capable of advising on business strategy and risk management.

Demonstrate Professionalism & Employability

As a CIMA student or member, you show employers that you have a commitment to uphold the highest ethical and professional standards. Also, the ongoing professional development also keeps your qualification relevant.

Boost your earning potential

A CIMA qualification can increase your earning potential, even while you are still studying. Our global salary surveys show what you can expect to earn as a fully qualified or part-qualified professional.

A Level  = 12th Std

This explains, how important it is to create awareness among students, that they can enrol for this  qualification after 12th Standard itself, which creates a new world of opportunities for them. If they start with B.Com, at initial levels the papers are common, so it will not only help to improve scores at B.Com level, but also help them to steer through this qualification together with graduation. By the time they finish their B.Com, they might have graduated few levels already, which can open wider job opportunities straight away after B.Com.

CIMA Certificate in Business Accounting – Computer based Exam

The Certificate in Business Accounting is CIMA’s entry level accounting qualification for students with little or no accounting background.

The certificate level gives you business experience beyond just financial accounting and you’ll gain insight into how the different areas of accounting relate to the business world.

It can be seen as a knowledge refresher course or a foundation to a career in business and finance. The Certificate in Business Accounting forms the basis of the CIMA Professional Qualification and is a valuable qualification on its own.

What will you learn?

The certificate level consists of five subjects:  

CO1	C02	C03	C04	C05
Fundamentals of management accounting	Fundamentals of financial accounting	Fundamentals of business mathematics	Fundamentals of business economics	Fundamentals of ethics, corporate governance and business law

You’ll achieve a solid understanding of basic accounting, management accounting and business principles. You’ll gain skills in preparing financial reports, forecasting performance and data analysis among many others.

The image below provides a broad understanding of the total course:

About the author:

Sunil Taneja is head of South Asia Operations & Business Development, FTMS Global Academy based out of Singapore. His impressive academic profile includes B.Com, LLB, CA, ICWAI, FCA, FCCA, and ACMA. FTMS Global Academy is the leading tuition provider for ACCA & CIMA courses and has examination centres for both courses as well.

Also read about: ACCA qualifications – making careers in Finance & Accounting