How long does cima take

Most students attempt two or three exams at each sitting but they can be completed in three sittings. They complement the exams and measure whether students have gained enough experience of applying management accounting skills and techniques and are competent to become a CIMA member. CIMA students pay a one-time registration fee, an annual subscription fee, and a fee for each exam or exemption. Check our fees list for full information. You also need to take into account the cost of study materials and any tuition classes you enrol in.

You can study with a tuition provider, on your own at home, or using a combination of methods anywhere in the world. Take a look at our Study Shop to see all of the options available to you. CIMA exams can be taken either at the test centre or at home as an online exam. Based on background the student will enter the program from different routes.

Proschool organizes online informative webinars on CIMA which are conducted by expert faculty and industry professionals. Proschool also provides Online training mode or Live Virtual Classes. It is usually equivalent to the exam fees of the corresponding paper. Difference between Case studies exam and Objective type exams? You can take the assessment at any time of the year whenever you feel ready. You need to clear all three objective tests or receive exemptions for them from a single level before you can take a case study exam.

In the case study exam, you have to apply your knowledge and learning across the three pillars at each level. The case study exam is set to make the students understand a real business environment. The case relates to a fictionalized organization, however, it is based on real business or industry.

Passing the case study exam will showcase your ability to apply the technical, business, people and leadership skills from the three subjects at a particular level in a business context.

CIMA assesses various skills in the case study exams which includes research and analysis as well as skills to present and communicate information. Most accounting qualifications such as CA, CMA prepare candidates for private practice, financial reporting, audit and tax issues. In contrast, CIMA prepares you for a career in business. CIMA prepares you to work across an organisation, not just within finance. In addition to strong accounting fundamentals, CIMA teaches strategic business and management skills.

Moreover, many companies across the world are managed by CIMA members. CIMA focusses more on Management Accounting and also trains you for making strategic business decisions. With skills like these, you can work across verticals in an organisation. Both the qualifications will offer better job opportunities in the Indian job market. But at the same time, more than 20, candidates are writing CFA exams in India which is intensifying the competition for them in the job market.

But due to lower numbers of CIMA members in India, many of these companies are not able to fulfil their requirements.

The reason for higher percentage of passing in CIMA is the exam pattern. Whereas in CIMA, if you are unable to clear then you have to write and pass only that particular paper.

A paper passed is forever pass. The CIMA qualification is split into a certificate which is a standalone qualification. Each of these levels has four exams each. It roughly takes 3 to 4 years to complete CIMA. If you are a graduate it will take you anywhere between 18 months to 2 years to complete 3 levels.

If you have finished school, it will take 4 years to complete all four levels. If you have an interest in management accounting, adding value to the business, and looking at the strategic level then this is a great start. Gaining a global professional degree is always beneficial and can add weightage to your profile in building your career. Such exposure to global management accounting and skills are always welcomed everywhere.

With CIMA, you can gain new skills like financial analysis, project management, negotiation, and leadership. Skip to content Exact Answer: 3 Years Accounting makes it possible to systematically record, analyze and report important financial information and communicate the financial health of a business to all interested parties.