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May 16, 2011 May 16, 2011 The CIMA professional qualification for Business Ban Lambert Account Manager CIMA

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Page 1: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

May 16, 2011May 16, 2011

The CIMA professional qualification

for Business

Ban LambertAccount Manager

CIMA

Page 2: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

Overview

May 16, 2011

• CIMA

• Management Accounting

• The 2010 Syllabus

• Membership

• Support

Page 3: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

Why do a professional qualification?Stand out from the crowd

Global demand for finance professionals has never been higher

• Be the ‘1 in 10’ - Only 10% of UK working population hold a professional qualification

• Add value to your business – Invest in skills which will create a competitive advantage

• Improve your career prospects

• Benefit from higher earning potential

• Absolute – Recognition of qualifications high quality regardless of where and when you studied

Page 4: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

• The only international accountancy body with a sole focus on business

• 172,000 members and students in 165 countries• Established institute• 243 exams centres in 90 countries• Computer based assessments on demand• Written exam sittings in May and November• One syllabus, one exam, one CPD globally• Tailor CIMA learning to suit you • The preferred qualification for the worlds top organisations• International Federation of Accountants• International accounting standards• Offices worldwide

About CIMA

Page 5: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

CIMA’s MissionOur purpose - The ever greater employability of chartered management

accountants.

Our vision - Chartered management accountants driving the world's

successful organisations.

Our mission - To be the first choice for employers in the qualification and

development of management accountants.

‘CIMA qualified professionals are equipped with the necessary skills to analyse financial and non financial information to make better strategic decisions for all

sectors of the global market.’Michael Eow, Director of Finance, IRIS Corporation, Malaysia

Page 6: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

Why CIMA?

Page 7: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

Driving business success

Reporting,Audit,

Tax, etc

Value, Growth,

Advantage, etc

Reg

ulat

ory

and

com

plia

nce

Managem

ent accounting

Strategic

Tactical

Operational

Page 8: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

At the ‘heart’ of the business

Page 9: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

CIMA opens career doors

• Information/business analyst

• Project specialist

• Investment Accountant

• IT Director

• Management Consultant

• CEO

• Chairman

May 16, 2011

• Management Accountant

• Financial manager

• Financial Analyst

• Financial controller

• Finance director

• CFO

Many people fear being typecast and ‘narrowed’ by a specialist qualification…

Page 10: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

CIMA members – Positions in Company

May 16, 2011

(Source: CIMA Member survey 2008)

Page 11: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

CIMA members by industry sector

Page 12: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

The CIMA framework

Page 13: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

CIMA Certificate in Business Accounting

Fundamentals of:

Page 14: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

The CIMA Professional Qualification

Page 15: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

The practical experience element• At least 3 years’ relevant practical experience

• Can be gained prior to, during and after studying

‘The interesting thing for me has been seeing parallels between what I study and read in the text books and what my day job

requires’Karen Barker, Head of Physiotherapy Services, Nuffield

Orthopaedic Centre NHS Trust

‘70% of what I learn I use in my day job’Sarah West, Graduate Trainee, Proctor & Gamble

Page 16: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

What skills successful students need

• Drive for results

• Numeric skills

• Interpersonal effectiveness

• Communication skills

• Ability to deal with ambiguity

• Ability to work under pressure

May 16, 2011

Plus a PASSION for business

Page 17: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

CIMA Training companies

Joint training partnership between CIMA and employers to support CIMA students.

May 16, 2011

‘I did the CIMA qualification and I’d take people from CIMA anytime. They’re basically business people with a finance orientation, not just accountants’.

Andrew Higginson, CEO Retail Services – Tesco plc

Page 19: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

Key dates for students

May 16, 2011

May exams November exams

Registration 31 January 31 July

Exam Entry 14 March 14 September

Exam results End July End January

Page 20: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

Study support from CIMA

May 16, 2011

Page 21: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

Study support from CIMA• Recommended reading and resource list

• Exam questions and technique tips

• Post exam guides

• Study guides

• Q&A from past ‘email a tutor’ event

• Financial Management magazine

• Article archive

• Velocity student e-magazine

• CIMAstudy.com

Page 22: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

CIMAstudy.com

May 16, 2011

• Online resource to support CIMA students

• Brings together subject, software and e-learning expertise

• Ideal as standalone learning solution or as part of blended solution

• Supports the CIMA qualification

• All papers available

• Delivered through an integrated learning management system

• Available via a dedicated web portal: www.CIMAstudy.com

Page 23: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

CIMAstudy.com screenshot

Page 24: for Business - Chartered Institute of Management Accountants with us docs/StudyWithUs20… · Tailor CIMA learning to suit you ... • Management Consultant • CEO • Chairman May

Chartered Institute of Management Accountants26 Chapter StreetLondon SW1P 4NP

T. +44 (0)20 849 2251E. [email protected]. www.cimaglobal.com

Further information

View CIMA’s corporate video here: www.cimaglobal.com/aboutus