CIMA Professional Qualification – Operational Level

Course code: EXP033

The CIMA Professional Qualification is recognised worldwide as the most relevant global finance qualification for a career in finance.

This course comprises of 4 individual modules:

Managing Finance in a Digital World E1
Management Accounting module P1
Financial Reporting Module F1
Operational Level Case Study

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The CIMA Professional Qualification is recognised worldwide as the most relevant global finance qualification for a career in business. On completion of the CIMA Professional Qualification, you will be awarded the Chartered Global Management Accountant (CGMA) designation. This showcases your professionalism, business and leadership skills, ethics and commitment.

The Operational Level is one of three you need to complete in order to achieve the CIMA Professional Qualification.

Successful completion of your Operational Level exams will contribute towards achieving the CIMA Professional Qualification.

Course Duration

Varies depending on enrolment date.

Course Outcome

On completion of your exams, you will receive the CIMA Diploma in Management Accounting (CIMA Dip MA).

Entry Requirements

In order to study this course, you must have completed one of the following: - CIMA Certificate in Business Accounting - Degree in Business or Accounting - AAT Technician/Diploma Level 4.

Assessment

A mixture of progress tests and mock exams, as well as completion of four exams.

CIMA Professional Qualification – Management Accounting module P1

Cost Accounting for Decision and Control

Different rationales for costing
Costing concepts and objects
Applying costing methods to determine the costs for different purposes

Budgeting and Budgetary control

Different rationales for budgeting
Preparing budgets
The concept of budgeting control

Short-term Commercial Decision Making

Main types of short-term decisions made by organisations
Underlying concepts used for short-term decision making
Techniques to support short-term decisions

Risk and Uncertainty in the Short-term

Applying basic risk management tools

CIMA Professional Qualification – Financial Reporting and Taxation module F1

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%)

CIMA Professional Qualification – Operational Case Study module

The competency weighting is:

Technical skills
Business skills
People skills
Leadership skills

Assessment

During this course you will complete a number of progress tests and mock exams in preparation for your exams.

You will need to sit an exam at the end of each module in order to achieve the CIMA Diploma in Management Accounting (CIMA Dip MA). For modules E1, P1 and F1 you will sit a computer based objective test comprising of a range of questions types. For the Operational Case Study, you will sit a case study exam. This exam is a role simulation that requires you to apply your knowledge to real- life work situations.

Exams are not included in the cost of this course. You will need to book your exams directly with CIMA.

Study method

This course is offered on a distance learning basis, with access to required study materials and unlimited support from your personal tutor via email. Study at your own pace, wherever and whenever you choose.

Course outcome

On successful completion of your exams, you will achieve the CIMA Diploma in Management Accounting (CIMA Dip MA). This counts towards your overall CIMA membership.

Awarding body

The Chartered Institute of Management Accountants (CIMA) is the world’s largest leading professional body of management accountants, with the most useful accounting qualification for a career in business.

What are the entry requirements for this course?

In order to study this course, you must have completed one of the following:

CIMA Certificate in Business Accounting
Degree in Business or Accounting
AAT Technician/Diploma Level 4

What practical experience is needed to achieve the full qualification?

To complete the full CIMA Professional Qualification, you will need to complete a total of 3 years work experience. You can start your work experience at any time and can continue gaining experience after completion of your exams.

I've already got an accounting qualification - do I still have to complete all modules and exams?

There may be exemptions depending on what qualifications you already have.

To find out if you are eligible to claim for an exemption use the CIMA exemptions.

What is included in the cost of my course?

Online learning platform
Video tutorials and webinars
Exam kit and progress tests
Personal study plan
Dedicated personal tutor support
Dedicated student support
FREE CV critique service
FREE employability guide to help you impress future employers
FREE XO Student Discounts card

Are there any additional costs?

Registration fees and exams are not included in the cost of this course. You will need to book and pay for these directly with CIMA.

What if I still have questions?

That's not a problem. We want to make sure you’re 100% confident about enrolling on the course and starting your study. So, just give our Student Adviser Team a call on 03300 563 100 and they’ll do their best to help.