CIMA(UK)
CIMA Course: The Golden Bridge from Business Passion to Financial Leadership.
Duration
6 - 24 Months
Levels
4 Levels
Exam
All paper throughout the year
(Except case study papers)
Mode
Online
CIMA
CIMA stands for Chartered Institute of Management Accountants. CIMA is the largest and the oldest professional body of management accountants in the world.
Headquartered in London, the CIMA Institute was established in 1919 and now has more than 227,000 members and students operating at the heart of business in over 179 countries.
The CIMA course offers training and qualification in management accountancy, financial management and related subjects.As a CIMA professional, you have the privilege of being entitled to the prestigious CGMA (Chartered Global Management Accountant) designation.
This designation is powered by two of the world’s most prestigious entities, CIMA and AICPA, and represents the highest standard of global management accounting
Advantages of doing CIMA
- Global Recognition - CIMA is recognized in 180 countries and offers a passport to a global career
- Flexibility - Study at your own pace
- Pass Percentage - More than 50%
- Higher Earning Potential: CIMA qualified professionals typically earn higher salaries
- Exemptions and Fast Track: CIMA offers exemptions based on current qualifications and a fast-track route
- CGMA Designation: CIMA offers the power of the CGMA designation
- Earn as You Learn: CIMA allows competence and earning potential to increase with each level
- Smart Investment: CIMA places you at the heart of decision-making
- Practical and Analytical: CIMA's curriculum focuses on practical skills and analytical thinking
- Business Qualification: CIMA is the only international qualification with a sole focus on business
Why learn CIMA with SARAF
- 75-100 hours Training Classes - LIVE and Recorded
- Get Trained by Industry experts
- Mock Tests
- ONLINE LIVE Interactive Classes
- Anytime Anywhere Classes
- Study Resources – In-house Notes & Presentations
- Students across the globe
- 360 Degree Support
- Global Rank Holders
Fast Track Career Growth
An exclusive pathway for corporate professionals
Global C-Suite Business and Finance Program Route
- Eligibility: C-suite executives (CFOs, CEOs, etc) and senior management executives who have at least 10 years of relevant experience in finance and business functions
- Number of exams: 1 - Strategic Case Study
- Proposed duration to complete: 3 - 6 months
- Award upon completion: Associate Chartered Management Accountant - ACMA, Chartered Global Management Accountant - CGMA
Global Professional Accountant Programme (GPAP) Route
- Eligibility: Active members of any professional accounting body in India with at least 3 years of working experience
- Number of exams: 1 - Strategic Case Study
- Proposed duration to complete: 3 - 6 months
- Award upon completion: Associate Chartered Management Accountant - ACMA, Chartered Global Management Accountant - CGMA
CGMA Senior Executive Programme (CSEP) Route
- Eligibility: Financial controllers, senior finance managers or finance directors with at least 6 years of finance-related experience, in which 3 years was in a management role
- Number of exams: 2 - Management Case Study and Strategic Case Study
- Proposed duration to complete: 6 - 12 months
- Award upon completion: Associate Chartered Management Accountant - ACMA, Chartered Global Management Accountant - CGMA
CGMA Finance Leadership Programme(CGMA FLP) Route
- Eligibility: Class 12 Pass outs (doing Bcom/BBA) - 3 Exams - OCS, MCS, SCS | Duration - 2 Years Bcom Graduate - 3 Exams - OCS, MCS, SCS | Duration - 2 Years Post-Graduates and MBA/Mcom - 3 Exams - OCS, MCS, SCS | Duration - 2 Years
- Award upon completion: Associate Chartered Management Accountant - ACMA, Chartered Global Management Accountant - CGMA
Who can do this course
Class 12 Pass outs, B.Com Graduates
Post Graduates and MBA/M.Com
C-Suite
Executive
Financial
Controllers
Active Member of any Professional Accounting Body in India
Senior Management Executives with 10 years experience in Finance
How is a management accountant different from a traditional accountant?
Management accountant
- Analyse data, forecasts and budgets to help leaders make decisions
- Create reports to be used internally
- Compile information looking at the future, not the past
- Are responsive – whatever information the business needs, they’ll provide it
- Can focus on specific parts of the business
- Look at qualitative and quantitative data
Traditional accountant
- Analyse past financial performance, usually for regulatory reporting
- Create reports to satisfy external regulations
- Are regulated – reports are in line with prescribed requirements
- Measure financial data only
- Focus on the entire organisation
- Compile data as set points of the year, according to legislation
- Look at quantitative data only
Live Class Schedule (For June-Aug 2024)
Course Structure
Certificate In Business Accounting (Cert BA)
- BA1 – Fundamentals of Business Economics
- BA 2 – Fundamentals of Management Accounting
- BA 3 – Fundamentals of Financial Accounting
- BA 4 – Fundamentals of Ethics, Corporate Governance and Business Law
Exam: 4 Objective Exams
Certificate: CIMA Certificate in Business Accounting
- E1:Organizational Management
- P1: Management Accounting
- F1: Financial Reporting and Taxation
Exam: 3 Objective Exams and 1 Case study(Operational Case Study)
Certificate: CIMA Diploma in Management Accounting
- E2: Project and Relationship Management
- P2 : Advanced Management Accounting
- F2: Advanced Financial Reporting
Exam: 3 Objective Exams and 1 Case study(Management Case Study)
Certificate :CIMA Advance Diploma in Management Accounting
- E3 – Strategic Management
- P3 – Risk Management
- F3 – Financial Strategy
Exam: 3 Objective Exams and 1 Case study(Strategic Case Study)
Certificate: Assessment of Practical experience
Top blogs
Top Companies hiring our students
CIMA FAQs
The full form of CIMA is Chartered Institute of Management Accountants.
CIMA is a unique combination of of CA and MBA with the in-depth business knowledge of MBA and broad Financial Accounting Coverage undertaken by a CA.
It tests Enterprise, Performance and Finance and has 3 case studies.
The syllabi is developed in consultation with the employer partners in Fortune 2000 companies and helps job seekers as well as entrepreneurs.
Yes, you can start your journey towards the CIMA qualification after completing your 12th standard.
In fact, you can simultaneously pursue a B.Com degree, thanks to CIMA’s flexible structure
The CIMA Certificate in Business Accounting (CBA) is an entry-level qualification that you can begin without any prior knowledge or experience in accounting.
This program offers numerous additional advantages worth considering
The pass percentage with CIMA may vary depending on the specific exam or level, as well as the region where the exam is taken.
However, according to CIMA, the overall pass rate for the CIMA Professional Qualification exams is typically around 50-55%.
The CGMA FLP is a new digital-first pathway to complete the CIMA Professional Qualification. You are assessed at each topic as you learn, all within the FLP platform.
All three levels of the FLP culminate with a Case Study Exam to test your mastery of the business concepts and your ability to apply your knowledge and skills in real-world business situations.
It is the fastest route to CIMA qualification as you have to write a maximum of 3 External Case Study Exams only.
It is for Undergraduates, Commerce Graduates pursuing B.Com, BBA, etc or non-commerce graduates including Engineers and Semi – Qualified & Qualified Professionals
The difficulty of passing CIMA depends on individual strengths, background, and study habits. While it’s a challenging qualification, with dedication, consistent effort, and effective study strategies, many candidates successfully pass the exams.
CIMA’s scope in India is increasing at a fast pace with job opportunities in Big 4 & MNCs.
CIMA’s scope outside India is immense, be it Middle East, UK or Europe. CIMA students and members are working across 180 countries of the World.
In India, the CIMA qualification is recognized for its strategic and management accounting focus. It opens opportunities in the corporate sector, IT, consulting, banking, and financial services.
CIMA professionals are sought-after for roles in financial management, business strategy, and performance management.
With global recognition, it also offers prospects for international career mobility. However, individual opportunities depend on market conditions and personal skills and experience.
CIMA has a strong focus on management accounting and strategic financial management, while CA focuses more on financial accounting, taxation, and auditing.
CA typically requires a minimum of 4 years to complete the qualification, including mandatory articleship, and has a passing rate of around 7% per level.
On the other hand, CIMA can be completed in 2-3 years and boasts a higher passing rate of approximately 50% to 55%.
The difficulty of CIMA versus an MBA depends on personal strengths and career goals.
CIMA is a specialized certification focusing on management accounting and strategic finance, with rigorous exams. An MBA is a broad postgraduate degree covering various business aspects and aims to develop leadership skills.
Difficulty can vary based on the program’s structure, the individual’s background, and the institution. The “harder” choice depends on your skills, interests, and career aspirations.
Both qualifications are highly respected, but they serve different purposes. If you are interested in investment analysis and portfolio management, CFA would be more appropriate.
If your interest lies in management accounting, strategic, and business management, CIMA would be a better fit.
Your choice should align with your career interests and desired work type.
While CIMA doesn’t require an articleship like some accounting qualifications, it does mandate Practical Experience Requirements (PER).
This involves a minimum of three years’ relevant work experience in strategic decision-making roles or managing people, teams, or projects.
This experience can be gained at any time and must be verified by a suitable person within your organization. Check CIMA’s official site for the latest requirements.
Every path to earn the CGMA designation is unique. The CGMA Finance Leadership Program offers different entry points, so you can start the program at the appropriate point based on your education and experience. Your entry route will determine, in part, how long it takes you to complete the CGMA Finance Leadership Program and earn the CGMA designation.
Most candidates should aim to complete each Level, including both the learning and the Case Study Exams, within 9 – 12 months maximum depending upon their qualification & work experience.
You will get to learn Technical Skills, Business Skills, People Skills, Leadership Skills & Digital Skills.
What our students say
Jasleen Kaur
I have continuously taken classes for my CIMA exams from Saraf academy and have been successful at clearing them at one go. Prakash Saraf Sir always ensures that every student gets the attention they need and deserve. He always encourages one to work hard to achieve their goals. The staff at the academy is also very helpful and prompt.
Jay Choksi
I appeared for CIMA SCS exams last in 2014 and then never touched books or any material and completely disconnected myself from course. When I thought to restart and upon inquiring with friends, I got reference of Mr Saraf. I was completely after Mr Saraf and asked many questions to bring my fear out and he patiently answered all of them. The learning experience was amazing, he uses practical approach to explain the concepts. Due to job, I barely get time for extra studies, so I only referred his online classes and basic notes and solving mocks regularly. I strongly recommend Saraf Academy for CIMA preparations.
Nimisha Parmar
It is very good experience and knowledge gain studying CIMA from Prakash Saraf sir. His work experience and knowledge on the subject is tremendous and appreciated. Very supportive and clarify the doubts in a most understanding way.. I would definitely recommend studying CIMA from this institution. I was able to clear CIMA management case study with assistance from Prakash Saraf sir. Good luck and keep the good work.
Ateeq Asgar Ali Sayyed
Mr. Prakash Saraf is a qualified, experienced and dedicated teacher and moreover a good mentor, who has vast business and technical knowledge which helps students to excel in their professional exams with ease.
I had an amazing experience with Mr. Prakash as a learning partner of CIMA-UK whilst pursued my strategic case study for November 2020. He helps and supports students to pass their exams in flying colors.
I recommend students aspiring to any finance qualifications local or international to pursue coaching with SARAF ACADEMY.
Vijay Kumar
In my opinion, Saraf sir methods of teaching are the best for CIMA. The way he taught F2 topics for MCS exam is the differentiator for pass and fail. I got 87 in Nov 2020 exam, 77 in August 2020 attempt when I took classes with another institute in UK.
I can tell for sure that I would have failed again if I hadn’t taken Saraf classes. Because in Nov exam also I got a tough F2 question just as I got in August exam. But after giving Nov exam, I was confident of passing the exam and I got the right result. So, I will continue Strategic level also with Saraf sir. I love listening to Harsha Bhogle, after Harsha somehow I enjoyed listening to Saraf sir. It helped me. This is my honest and genuine feeling
Diwakar Gupta
Prakash Sir has a great teaching style in which he uses stuff from different sources and combine them into a simplified version which will help us in easier ‘digestion’ of the knowledge. Sir is very friendly and understanding tutor, which helped us to communicate with him in a better way. And last for not least, sir has a very unique way of teaching in the sense that he uses the online live classes as a source to teach things for each lesson. So overall, I had a fun and enriching time learning from Prakash Sir”.
Well, I would like to take this opportunity to thank you for making the lesson so enjoyable and interesting that I have always looked forward to attending all your lessons and live classes. His guidance and motivation enabled me to pass the CIMA strategic level objective and case study exams at one go
Aditi Sur
I am a CIMA student from middle-east without any commerce background. So, when I started doing CIMA, I joined a local coaching institute but during management level the institute stopped providing the tuition. I contacted CIMA and they recommended me ‘Saraf Academy’. I have joined their online live course for P2.
To me ‘Saraf Academy’ is the ‘Best online tuition provider for CIMA exams in India’. It is very helpful for the students as they can study without leaving the comfort of the home. It also saves travelling time for the students. It is surely the only option for the students like me, who cannot attend classroom due to various reasons. I never felt that I was missing the classroom atmosphere during the online session as I get my questions answered immediately.
The staffs of ‘Saraf Academy’ are very helpful and prompt in their response. They take extra care dealing with the students. I get my all problems related to the course solved within reasonable time. I thank all the stuffs for their care and support.
During the classes I found ‘Saraf Sir’ not only having immense knowledge of the subject but he explains nicely in very simple language, he goes in details, maintains 2-way communication, advising about the areas to focus on, put extra time and attention to the students and willing to help the students in passing the exam. I am grateful to him.
I passed the P2 exam with good marks (131/150), got congratulation letter from CIMA student support team and I don’t think I could have done it without ‘Saraf Academy’. I would choose ‘Saraf Academy’ again as they supported me all the way.
Saurav Saraf
I know Prakash Sir from the last 7 years. I took CMA India classes in 2016 and clear my exams with AIR 38. Also took ACCA classes. One thing I can vouch he is the best teacher who explains complex matters in a wonderful. Without any second thought I would recommend everyone to go and take classes from them.
Gurvinder Singh
Parkash Saraf Sir is super supportive, patient and explained things really clearly for any accounting/financial concept and answered every question. Great study materials including desktop and Mobil apps, plenty of helpful assessments during the course duration and additional resources. Including mock test, marking.
Parkash sir is not just tutor but a mentor & admin staff could not have been more helpful.
Highly recommended !! who want to desire to pass at first attempt.
I cannot thank you enough. All the best for future endeavours.
Warm Regards
Gurvinder Singh
CIMA SCS, Feb-23
Gaurav Sahney
Great platform to prepare for CGMA exam. Saraf Sir is very supportive in all means even after the class too, just drop a whats app he will clear your query.
Also even in class if you are going on wrong track, he tells why your logic will not fit in that particular situation rather than mentioning you are wrong.
Classes are also really very interactive sessions. Thanks alot.
Also staff is very helpful from registration till tech related support for software and all. Cheers to them too ….????????
Anoop Gupta
I joined the Saraf Classes for learning CIMA Strategy Case. I found the class was very helpful to cultivate new thoughts about the case study. Mr Prakash Saraf is one of the best teacher who focuses on each and every student and give the relevant feedback for continuous improvement. I thank you Prakash Sir and I wish a grand success to Saraf Classes team.
