CIMA Syllabus is shaped by extensive research conducted among top corporates in the world. In addition to the rigorous knowledge in Accountancy and Finance, CIMA study systems inculcate knowledge on Decision-Making and Enterprise Management, which are considered as most important Skills. CIMA Graduates are well-rounded champions who are sought after by top corporates. The Employability of a CIMA Graduate is 100%.

achievement
Why CIMA?
  • A professional qualification in Management Accounting
  • A globally recognized qualification awarded by CIMA UK
  • A passport that opens many corporate doors
  • A qualification that empowers people to work in many organizations and hold various roles

CIMA is the world's largest professional body of management accountants offering the most relevant finance qualification for business.

CIMA's focus on management functions makes it unique, and it is internationally recognised as offering the financial qualification for business. CIMA prides itself on the commercial relevance of its syllabus, which is continually enhanced to reflect the latest business developments.

CIMA founded in 1919, is the world’s leading and largest professional body of management accountants, with over 218,000 members and students operating in 177 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organisations.

CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially-trained business leaders.

Professionalism and ethics are at the core of CIMA’s activities with every member and student bound by robust standards so that integrity, expertise and vision are brought together.

CIMA has formed a joint venture with the American Institute of CPAs (AICPA) to establish the Chartered Global Management Accountant (CGMA) designation. CGMA is the global quality standard that further elevates the profession of management accounting. The designation recognises the most talented and committed management accountants with the discipline and skill to drive strong business performance.


The syllabus comprises 12 examinations, although some exemptions are available.
The qualification is having four levels; twelve Objective Tests, and three Case Study exams.

The Certificate in Business Accounting is CIMA’s entry level accounting qualification for students with little or no accounting background. It is ideal for those who are new to the world of business qualifications because it offers a solid grounding in the basics of management accounting, financial accounting and business principles.

The certificate level gives you business experience beyond just financial accounting and you will gain insight into how the different areas of accounting relate to the business world. It is also a stepping stone towards the CIMA Professional Qualification.

The Certificate Level is made up of four subjects:

  • BA1 Fundamentals of Business Economics
  • BA2 Fundamentals of Management Accounting
  • BA3 Fundamentals of Financial Accounting
  • BA4 Fundamentals of Ethics, Corporate Governance and Business Law
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Exam sequence and assessment

All certificate level exams are computer based and can be taken at any time. You can sit the four certificate subjects in any order and in any combination to suit your requirements. You can take these exams at the Achievers Computer Based Examination Centre which has been approved by CIMA. Duration of each exam is 2 hours.

Award

Once you complete the four subject assessments, you will be awarded the CIMA Certificate in Business Accounting qualification.

CIMA has introduced an updated syllabus and assessment method for its professional qualification starting from January 2015.

The 2015 CIMA Professional Qualification Syllabus aims to address the ‘employability’ needs of businesses and people. The updated syllabus and assessment bridges skill gaps and helps to produce competent and confident management accounting professionals who can guide and lead their organisations to sustainable success.

The 2015 CIMA Professional Qualification is built on three specific learning pillars:

  • Enterprise: How to formulate and effectively implement strategy
  • Performance: How finance helps in formulating and effectively implementing strategy
  • Financial: How to prepare and interpret financial statements to make decisions

The content of each pillar develops as you move up the qualification. The pillars are interlinked to provide a consistent body of knowledge. They are designed to cover a range of useful business areas in addition to finance. The syllabus is also divided into three levels of achievement:

Operational level is the first level of the professional qualification and consists of four exams.

  • E1 Organisational Management
  • P1 Management Accounting
  • F1 Financial Reporting & Taxation
  • Operational Level Case Study
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Organisational Management (E1)

Summary of syllabus Weightage
Introduction to organisations 25%
Managing the finance function 15%
Managing technology and information 15%
Operations management

15%

Marketing

15%

Managing human resources

15%

Management Accounting (P1)

Summary of syllabus

Weightage

Cost accounting systems

30%

Budgeting

25%

Short-term decision making

30%

Dealing with risk and uncertainty

15%

Financial Reporting & Taxation (F1)

Summary of syllabus

Weightage

Regulatory environment for financial reporting and corporate governance

10%

Financial accounting and reporting

45%

Management of working capital cash, and sources of short-term finance

20%

Fundamentals of business taxation

25%

Operational Level Case Study

Covers

You will learn how to:

P1, F1 and E1 content

Apply the knowledge you have gained in the three subjects to reflect real-life work situations.

Exam sequence

Students must pass all Certificate level subjects before attempting the Operational level.

Assessment

Objective tests (OTQ)

The student has to take a 90 minutes objective test comprising of 60 questions for each subject of the Operational level. The exams are available on demand.

Integrated case study exam

The integrated case study exams are available four times a year. The duration of the exam is three hours.

Award

Students who pass all three Operational level OTQ papers and the Integrated case study exam will be awarded the CIMA Diploma in Management Accounting.

Management level is the second level of the professional qualification and consists of four exams.

  • Advanced Financial Reporting (F2)
  • Advanced Management Accounting (P2)
  • Project and Relationship Management (E2)
  • Management Level Case Study
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Project and Relationship Management (E2) 

Summary of syllabus

Weightage

Introduction to strategic management and assessing the global environment

30%

The human aspects of the organization

20%

Managing relationships

20%

Managing change through projects

30%

Advanced Management Accounting (P2)

Summary of syllabus

Weightage

Cost planning and analysis for competitive advantage

25%

Control and performance management of responsibility centres

30%

Long-term decision making

30%

Management control and risk

15%

Advanced Financial Reporting (F2)

Summary of syllabus

Weightage

Sources of long-term finance

15%

Financial reporting

60%

Analysis of financial performance and position

25%

Management Level Case Study

Covers

You will learn how to:

P2 F2 and E2 content

Apply the knowledge you have gained in the three subjects to reflect real-life work situations.

Exam sequence

Students must pass all Operational level subjects and the integrated case study before attempting the Management level.

Assessment

Objective tests (OTQ)

The student has to take a 90 minute objective test comprising of 60 questions for each subject of the Management level. The exams are available on demand. 

Integrated case study exam

The integrated case study exams are available four times a year. The duration of the exam is three hours. 

Award

Students who pass all three Management level OTQ papers and the Integrated case study exam will be awarded the CIMA Advanced Diploma in Management Accounting.

Strategic level is the third level of the professional qualification and consists of four exams.

  • Financial Strategy (F3)
  • Risk Management (P3)
  • Strategic Management (E3) 
  • Strategic Level Case Study
strategic-level

Strategic Management (E3) 

Summary of syllabus

Weightage

Interacting with the organisation’s environment

20%

Evaluating strategic position and strategic options

30%

Leading change

20%

Implementing strategy

15%

The role of information systems in organisational strategy

15%

Risk Management (P3)

Summary of syllabus

Weightage

Identification, classification and evaluation of risk

20%

Responses to strategic risk

20%

Internal controls to manage risk

20%

Managing risks associated with cash flows

20%

Managing risks associated with capital investment decisions

20%

Financial Strategy (F3)

Summary of syllabus

Weightage

Formulation of financial strategy

25%

Financing and dividend decisions

35%

Corporate finance

40%

Strategic Level Case Study

Covers

You will learn how to:

P3, F3 and E3 content

Apply the knowledge you have gained in the three subjects to reflect real-life work situations.

Exam sequence

Students must pass all Management level subjects and the integrated case study before attempting the Strategic level.

Assessment

Objective tests (OTQ)

The student has to take a 90 minute objective test comprising of 60 questions for each subject of the Strategic level.

Integrated case study exam

The integrated case study exams are available four times a year. The duration of the exam is three hours.

Award

To obtain the Membership of CIMA and CGMA Designation students will need to complete the relevant professional level exams, culminating in the Strategic level integrated case study exam and must demonstrate three years of relevant practical experience which can be gained before, during and/or after studies.

You will progress from the Operational level, to the Management level and finally to Strategic level. The levels encourage a linear development of knowledge. This ensures you learn the relevant skills needed by today’s businesses.

CIMA Masters Gateway Assessment

The Master’s gateway route is an accelerated entry programme to CIMA for those who hold a MBA or Master's in Accounting.

This route requires you to sit the single three-hour gateway exam, which is the management case study exam. It assesses your knowledge of the material covered in the management level of the CIMA Professional Qualification. Once you pass the assessment, you can then enter the CIMA Professional Qualification at the strategic level.

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Preparing for the CIMA Gateway Assessment

You must register as a CIMA student and submit relevant documentation supporting your eligibility for the gateway route. Achievers Lanka Business School offers lectures for the CIMA Gateway Assessment.

Meet Your Lecture Panel

A panel of maestros with over 100 years of combined experience
Faris Ismail
Faris Ismail
Operational Case Study

Supportive mentor with a student first approach

Shafraz
Shafraz Saleem
E Pillar

Renowned lecturer specializing in the E pilar with exceptional pass rates

Azad Hye
Azad Hye
F pillar

Voted by the students as the Most Popular Lecturer at CIMA Spot Light 2016

Shehan Adikari
Shehan Adikari
P pillar

A unique ability to deliver complex calculations in a student friendly manner