Should you do CIMA after Chartered Accountancy?

Career

22 Jul 2019

#CareerBytes: Why should you do CIMA after Chartered Accountancy?

Chartered Accountancy (CA) is one of the most sought-after and toughest professional courses.

While it is a rewarding career option, many candidates go for additional qualifications after completing the CA program in order to have an edge over others.

CIMA, a globally-renowned professional certification in finance, is a popular option to go for after doing CA.

Here's why you should pursue CIMA after CA.

About

A little about the CIMA course

A little about the CIMA course

CIMA, which is a management accountancy qualification, is offered by the Chartered Institute of Management Accountants (CIMA) based in the UK. CIMA has branches in over 180 countries.

Like Chartered Accountancy, the CIMA course also has three levels: Operational level, Management level, and Strategic level.

It is one of the most coveted professional qualifications in the world.

#1

The CIMA course helps in learning about strategic management

After CA, CIMA is a good option to go for because it goes beyond accounting and teaches strategic management and related subjects.

It is great for CA candidates who are interested in finance-related career opportunities at global-level companies.

The course, which covers risk and control strategy, decision management, business strategy, etc., helps students learn new tools and techniques and develop a strategic thinking pattern.

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#2

One can gain global-level knowledge of finance domain

One can gain global-level knowledge of finance domain

CIMA, the management accountancy qualification, will help diversify the profile of a candidate and also add more value to it.

The course curriculum provides global-level knowledge of the finance domain to students. Candidates can gain management level skills and decision-making knowledge and develop team management qualities that can complement the knowledge one has gained through the CA program.

#3

With CIMA qualification, candidates can play bigger roles in finance

Though CA is one of the most desired qualifications, nowadays, recruiters are seeking to hire finance professionals with an all-round knowledge of the field.

CIMA will allow CA candidates go beyond accounts, audit, or law and develop a broader business perspective as it is a blend of technical expertise and strategic thinking. This will eventually help them play bigger roles in the finance domain.

#4

CA professionals can get a number of exemptions in CIMA

CA professionals can get a number of exemptions in CIMA

Another reason to pursue CIMA after CA is that one can get several exemptions in CIMA exams. They are entitled to exemptions in 12 of 17 exams of the certifications.

Also, since the curriculums of CA and CIMA also overlap with each other, pursuing CIMA would be considerably easy after CA. Also, CIMA can be completed within 2-3 years even while doing a job.

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Most asked questions

Can one go for CIMA after CA?

Can one pursue CIMA after completing B.Com?

Where can I register for the same?

Where can I find the details of CIMA?

Are CAs given any exemption?

More questions

Can one go for CIMA after CA?

Asked 2019-07-24 19:56:12 by Nilima Murkute

Answered by NewsBytes

If you are looking for a career in finance worldwide, then CIMA is the option after CA.

Can one pursue CIMA after completing B.Com?

Asked 2019-07-23 18:23:44 by Imtiaz Sharief

Answered by NewsBytes

Yes, anyone with an undergraduate or post graduate degree can pursue CIMA.

Where can I register for the same?

Asked 2019-07-23 14:26:08 by Srinibash Jena

Answered by NewsBytes

Here is the registration link available on the official website, https://www.cimaglobal.com/Starting-CIMA/Starting-CIMA/Registration/.

Where can I find the details of CIMA?

Asked 2019-07-23 12:56:56 by mitisha rana

Answered by NewsBytes

All the details are available on the official website, here is the link https://www.cimaglobal.com/.

Are CAs given any exemption?

Asked 2019-07-23 10:51:59 by Meghana Murali

Answered by NewsBytes

CAs are entitled to exemptions in 12 of 17 exams of the certifications.

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