CIMA A rewarding career in Business

1. CIMA A rewarding career in Business Nicola Davis Faculty Manager of Professional Qulaifications, Birmingham nicoladavis@bpp.com

2. Overview • Who are CIMA? • The Syllabus and the Exams • Practical experience requirements • Key dates and Costs • Are you ready for CIMA? • Contacts

3. “99% of CIMA members and students work in business and not in accountancy practices.” www.cimaglobal.com

4. About CIMA • Professional body • Chartered Institute of Management Accountants • International • Over 85,000 students and 65,000 members • 156 countries • Practical, relevant qualification • Study and work experience

5. About CIMA • Why choose CIMA? • The qualification is not about number-crunching, • it provides a fundamental understanding of all aspects of business. • If offers a wide range of management skills to guarantee you develop an excellent • understanding of facts and figures critical to business success.

6. About CIMA • Huge earning potential! • A recent international salary survey by an independent researcher showed that the • average salary for CIMA qualified finance professionals is £55,645, with potential for your salary to rise to£100k + • Source: Based on research undertaken by CIMA and Redshift Research, both are Market Research Society Company Partners.

7. The CIMA Framework CIMA Professional Development CIMA Chartered Management Accounting Qualification CIMA Certificate in Business Accounting Your AAT qualification gives you an EXEMPTION from this level of CIMA www.cimaglobal.com/aatexemptions

8. CIMA’s Qualifications CIMA Certificate in Business Accounting C01 Fundamentals of Management Accounting C02 Fundamentals of Financial Accounting C03 Fundamentals of Business Mathematics C04 Fundamentals of Business Economics C05 Ethics, Corporate Governance & Business Law

9. The CIMA Framework CIMA Professional Development CIMA Chartered Management Accounting Qualification CIMA Certificate in Business Accounting

10. TOPCIMA Part B – Case Study Exam Part A – Experience Record STRATEGIC Enterprise Performance Financial E3 - Enterprise Strategy P3 - Performance Strategy F3 - Financial Strategy MANAGEMENT LEVEL E2 - Enterprise Management P2 – Performance Management F2 – Financial Management OPERATIONAL LEVEL E1 – Enterprise Operations P1 – Performance Operations F1 – Financial Operations CERTIFICATE LEVEL C01 - FMA C02 - FFA C03 - FBM C04 - FBE C05 - FBLW Syllabus Structure

11. CIMA EXAMS Which order should I take the exams? • Operational and Management level papers can be sat in any order however we recommend the following: • Two papers per sitting (18 months) • E1 with F1 or -E1 with P1 • P1 with F2 -F1 with P2 • P2 and E2 -F2 and E2 • Three papers per sitting (12 months) • E1, F1 and P1 • E2, F2 and P2 • Strategic level- E3, F3, and P3 MUST be attempted together initially

12. Practical experience • At least 3 years’ relevant experience • (you are ahead with your AAT experience!) • Prior to, during and after studying • Record of Skills Development • - Personal skills • - Interpersonal skills • -Organisational skills • We run free evening presentations on this at BPP, keep an eye on our website!

13. Costs • CIMA students pay: • Registration-£70 • New student subscription- free until January 2014! • Annual subscription fee • Fees for each exam or exemption • If it takes you 3 years to complete CIMA and you pass all exams on your first attempt, it will cost around £1,200 • AAT Full membership Discount • The AAT offers a reduction of over 50% on your AAT full membership while you are studying CIMA

14. CIMA Contact CIMA Contact Centre 26 Chapter Street London SW1P 4NP United Kingdom T: +44 (0)20 8849 2251 F: +44 (0)20 8849 2450 E: cima.contact@cimaglobal.com www.cimaglobal.com/aatcontact www.cimaglobal.com/aatgateway

15. Nicola Davis Faculty Manager- Professional Qualifications, Birmingham T: 0121 237 3803 E: nicoladavis@bpp.com www.bpp.com