CIMA

Transcription

1 CIMA COURSES

2 CONTENTS CIMA QUALIFICATION 03 CIMA REQUIREMENTS 04 CIMA SYLLABUS 05 EXAM REGULATIONS WHY LSBF WAYS TO STUDY MEET THE TEAM CONTINUED DEVELOPMENT HOW TO APPLY The Queen s Award for Enterprise In 2013, LSBF won the Queen s Award for Enterprise, one of the highest accolades for business in the UK. Outstanding performance in international trade, innovation and sustainable development that s what it takes to win the Queen s Award for Enterprise. This award is recognition of LSBF s commitment to constant improvement and its commitment to students.

3 01 CIMA QUALIFICATION What is CIMA? Chartered Institute of Management Accounting (CIMA) is the only international accountancy body that focuses exclusively on business, addressed to those who practice management accounting and are responsible for planning, budgeting, business strategy and financial management. The benefits that CIMA offer focus on the assessment of a company s business performance, leadership and management in terms of financial analysis. Who is CIMA for? The qualification is directed at those who aspire to have a successful and diverse career in financial and business management. CIMA is a broad qualification which develops key decision making, management, strategic and analytical skills. How does CIMA work? The Certificate in Business Accounting is the entry level to the CIMA qualification and consists of five papers. Students might get exemptions from some or all of the papers, depending on their previous degree or qualification relevancy. Students with no accounting background must complete all certificate papers before progressing on to the CIMA Professional Qualification. The Professional Qualification consists of three levels: Operational, Management and Strategic. To complete the qualification, students have to pass 12 exams: nine multiplechoice objective tests, and three integrated case studies. Go to page 04 to see the CIMA Syllabus.

4 02 CIMA QUALIFICATION How long will it take to complete the qualification? There is no specified time limit in which you are required to pass. However, students are normally studying the objective test papers in parallel over three months and sit the case study exam on the following month, thus completing one level in four months. What will your starting salary be? Once qualified, chartered accountants are found working in high level jobs all over the world. They can expect a starting salary in the region of 44,000, rising to 80,000 and above as they gain more experience (see graph below). Average annual salary for CIMA members in United Kingdom per EXPERIENCE NEWLY QUALIFIED 1-3 YEARS 4-5 YEARS 44,623 49,125 53, YEARS 61, YEARS 20 YEARS+ 73,082 86,803 Where will you work? Those who successfully obtain the CIMA qualification can work in a variety of different industries. You will have the potential to work in whichever sector you re interested in. Source: These graphs were created using CIMA s official 2014 salary calculator with data collected from a 2014 CIMA salary survey conducted between 12 May and 2 June. To download the salary survey or to use the calculator visit: article/cimas-official-2014-salary-calculator/ Average annual salary for CIMA members in United Kingdom per INDUSTRY EDUCATION 53,452 ACCOUNTANCY 61,072 HEALTHCARE AND PHARMACEUTICAL MEDIA, MARKETING, ADVERTISING AND PR 62,599 66,422 OIL, GAS AND ALTERNATIVE ENERGY FINANCIAL SERVICES BANKING 67,742 67,854 74,318

5 03 CIMA REQUIREMENTS Registering as a CIMA student Enrolment as an LSBF student does not automatically register you with CIMA. All students who wish to sit CIMA examinations must register with CIMA separately. Exemptions You may receive exemptions if you already hold a relevant degree or professional qualification. CIMA judges the relevance of your previous studies and can award exemptions for some papers in the Certificate in Business Accounting and CIMA Professional Qualification. CIMA requires up to 20 days to process exemption applications. Visit to learn all about exemptions and how to apply. Practical experience To become CIMA qualified, students need to satisfy the practical experience requirements (PER). This means providing evidence of a minimum of three year s relevant, supervised work experience. CIMA contact details For more information on CIMA registration, entry requirements, examinations and exemptions, please visit the CIMA website:

6 04 CIMA SYLLABUS The CIMA Certificate in Business Accounting is the entry route to the CIMA qualification. Students with no exemptions must complete all five subjects to be able to progress on to the Professional Qualification. The CIMA Professional Qualification consists of three levels progressing from the Operational level, to the Management and Strategic levels. There are three subjects per level, and each subject is assessed by an objective test. Each level has an integrated case study (ICS) which combines the knowledge and learning at each level of the qualification. Upon completing the three objective tests for one level, students can take the level s integrated case study exam. In total, there are nine multiple-choice objective tests, and three integrated case study exams at the professional level. 1 CERTIFICATE 2 OPERATIONAL 3 MANAGEMENT 4 LEVEL LEVEL LEVEL STRATEGIC LEVEL AWARD/ 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 Fundamentals of Ethics, Corporate Governance and Business Law AWARD / CIMA Diploma in Management Accounting Operational Case Study Exam E1 Organisational Management ENTERPRISE PILLAR P1 Management Accounting PERFORMANCE PILLAR F1 Financial Reporting and Taxation FINANCIAL PILLAR AWARD / CIMA Advanced Diploma in Management Accounting Management Case Study Exam E2 Project and Relationship Management P2 Advanced Management Accounting F2 Advanced Financial Reporting AWARD / Membership of the Chartered Institute of Management Accountants and the CGMA Designation Strategic Case Study Exam E3 Strategic Management P3 Risk Management F3 Financial Strategy

7 05 EXAM REGULATIONS CIMA Certificate in Business Accounting Exams At the certificate level, there are no restrictions on the order in which papers are taken. All papers are computer based assessments (CBAs). Students without exemptions must pass all five exams to be able to proceed to the CIMA Professional Qualification. Our campus is an official CIMA computer-based exam centre. Please contact us for details of CBA dates (see back of brochure). Objective test exams 90 minutes long Computer based, available on demand Three objective tests for each level Students may sit the objective tests of each level in any order Exam results available immediately Students must complete all three objective tests for each level before sitting the integrated case study exam Integrated case study (ICS) exams CIMA exam information For more information on CIMA exams and to access exam resources visit: To view exam dates and entry deadlines visit: Three hours long Computer based One ICS for each level Include both pre-seen and unseen material Exam sittings are available 4 times a year: February, May, August and November

8 06 WHY LSBF Our CIMA course thoroughly prepares you for both the objective tests and the integrated case study examinations. You will be taught by our award-winning tutors who are always committed to helping you gain a profound understanding of your subject. In addition, you will also benefit from ultimate flexibility, our LSBF s Pass 1 st Time Guarantee^ and financial support through our flexible payment plan. Here are a few great reasons why you should consider LSBF for your CIMA qualification: Award-winning tutors Our expert tutors have many years of professional experience and they have been awarded for their teaching methodology and passion, with David Laws having recently been awarded the 2015 Lecturer of the Year PQ Award and Hafeez Qazi, the 2014 Accountant of the year AIA Award. Flexible payments With LSBF, financing your CIMA doesn t have to be a worry; you can now make payments over the course of three or six months. Payments must be made on or before the specified date and failure to comply will render the agreement null and void.

9 07 WHY LSBF Tutor written course notes Our tutors write the course notes and Mock Exams, which means you re learning from tutors who know the specifics about each subject. Pass 1 st Time Guarantee ^ This guarantee shows our confidence in the quality of tuition we provide; should you fail any paper on your first sitting, we will allow you to re-sit the paper the following term, free of charge. ^LSBF Pass 1 st Time Guarantee requires 100% attendance and covers the failed CIMA paper only and cannot be used for any other papers. Please visit our website for full terms and conditions.

10 08 WAYS TO STUDY 1. ON CAMPUS Our courses are taught by specialists, allowing you to master the most difficult areas of the subject. Our highly experienced tutors are selected for their deep knowledge of the topic, so they can deal with any academic queries you have. You will study the objective test as well as the case study topics for the particular paper that you are studying. You will be prepared for both levels, with extra questions to make sure you have understood what you have studied during class. Courses can be studied on a weekend, evening or block basis. Studying in blocks means you can learn about one subject intensely over a four day period (including the weekend). After reviewing the course material, you can then quickly sit the real exam. As part of your course you will benefit from one-to-one consultation with your tutor, 2 complete case study mock exams and personalised feedback. Study resources: Your on-campus CIMA course also includes study materials and access to our award-winning online platform (powered by InterActive) so you can review and revise whenever you see necessary: CIMA text book and tutor written course material Mock exam for each subject and 2 mock exams for the Case Study course Pass 1 st Time Guarantee ^ Electronic lecture notes I-pass MCQ generator and question bank The Case Study Course The course is delivered on campus over 6 evenings and focuses on key tactics to maximise your Integrated Case Study (ICS) exam score. ^LSBF Pass 1 st Time Guarantee requires 100% attendance and covers the failed CIMA paper only and cannot be used for any other papers. Please visit our website for full terms and conditions.

11 09 WAYS TO STUDY 2. LIVE ONLINE Live Online classes are just like on campus classes, where students can engage with tutors in real time, ask questions and interact with other fellow students. The lectures are delivered via our award-winning learning platform, InterActive and each level will be taught over the course of three weeks. Study resources: Introductory Live Session explaining how the product works and methods of study 6 months access Recording of the Live Online sessions HD video lectures Study notes written by LSBF Tutors Mock exam Online tutor support Online student community 3. STANDARD ONLINE You can learn from our award-winning tutors 24/7 via HD online studio lectures using our innovative learning platform, InterActive. Online study allows you to rewind, pause, fast forward and watch the recorded lectures again and again in your own time and at your own convenience. Study resources: 6 months access Recording of the Live Online sessions HD video lectures Study notes written by LSBF Tutors Mock exam Online tutor support Online student community Powered by

12 10 MEET THE TEAM Robert Wood FCCA and FCMA qualified, Robert brings over 30 years of professional and academic experience to LSBF. He is currently our director of CIMA studies. Rob Sowerby Rob has taught professional and master s courses for over 25 years, both in London and overseas. He has gained an excellent reputation for his accessible and motivational tuition. Hafeez Qazi Hafeez is a vastly experienced accountant and academic. ACMA qualified, he has specialist knowledge of management accountancy across several major industries Accountant of the Year AIA Award David Laws David is ACA qualified and began teaching following a career in mathematics. He now has over 20 years of lecturing experience, making him a key asset to LSBF Lecturer of the Year PQ Award Anwar Hossain Anwar has substantial experience in mentoring bachelor and master s degree research. He has completed the Mentor Development Workshop at Oxford Brookes. Regwana Uddin Regwana graduated in Mathematics from Queen Mary University of London and is now a member of the ACCA. She has been teaching over 5 years and currently teaches ACCA, CIMA and the AAT.

13 11 MEET THE TEAM Joel Romaner Joel has over 10 years experience teaching CIMA both in the UK and overseas. He specialises in financial management papers. Yelda Arif Yelda gained experience at multipartnered accountancy firms. Her fresh insight into finance is instrumental in helping students to qualify. Isaac Osei-Kwame Isaac is an expert in business and accountancy. With more than 10 years teaching experience, he has a proven record of guiding students to academic and career success. Debbie Crossman Debbie is a qualified barrister and has taught law on accountancy courses for many years. Debbie brings both experience and skill in delivering one of the more challenging papers. Brigita Petrova Over the years, Brigita has gained vast, practical all-round experience in accounting which, combined with her strong academic skills, brings life to any classroom. Phil Brabin Philip trained as a Chartered Accountant with a UK top 20 firm of accountants, within their audit department. He now teaches ACCA.

14 12 CONTINUED DEVELOPMENT At LSBF you can consolidate and further advance in your chosen career path by combining your CIMA qualification with a Master s degree or complementing it with one of our executive education programmes. 1. OUR EXCLUSIVE FUNDED CIMA + MBA OR MA PROGRAMMES You can boost your career prospects by combining an MBA or MA in Finance and Investment with your CIMA qualification. By studying for both qualifications you will acquire the focused accountancy skills from the CIMA course, and the broader business and leadership expertise from the postgraduate degree. Plus, when you combine the two courses you will get exemptions and be able to complete the dual programme in a few extra modules. The MBA is a well-recognised programme with a strong reputation around the world. It provides accounting professionals with strong leadership capabilities and a wellrounded understanding of organisational practices. At LSBF, you can complete your MBA in as few as three extra modules and a dissertation when you combine it with your CIMA qualification*. With an MA in Finance and Investment you can grasp the vital accounting skills that underpin financial operations, while gaining the ability to push organisations forward through key financial decisions and strategies. Key benefits of studying CIMA + MBA/MA: LSBF will help fund your MBA/MA Increase your earning potential by up to 21% Set yourself apart by gaining a degree alongside your CIMA qualification Match accounting excellence with financial management skills To complete the MBA/MA course students must pass all CIMA papers. Students may be admitted onto the MBA/MA course prior to passing their final three CIMA Papers. SUBSEQUENT TO COMMENCING THE MBA/MA COURSE, SHOULD A STUDENT DISCOVER THAT SHE HAS FAILED ANY CIMA PAPERS, SHE WILL NOT BE ENTITLED TO A REFUND OF ANY AMOUNT PAID. The awarding body for the MBA/MA course will be one of LSBF s partner universities; however, awarding bodies are subject to change from time to time. The School reserves the right to change the awarding body, and will notify the student as soon as reasonably practicable. In light of this, the student agrees that they shall have no claim based on changes to the awarding bodies. The School reserves the right to offer the MBA/MA portion of the dual programme either online or on campus (depending on availability). For the avoidance of doubt, the decision concerning such availability (whether online or on campus) shall be at the sole discretion of the School. Oracle Capital Group sponsorship programme for the masters course fees covers the tuition fees only and does not include incidentals. Salary calculations based on starting salary of a CIMA qualified accountant at 40,000 compared to the average salary of a CIMA qualified accountant with an MBA based at 48,654. Sources: Robert Walters Global Salary Survey 2012 and PayScale * This applies to the MBA Global (Financial Management) course only. This programme is only applicable to UK/EU nationals or applicants with the right to work and live in the UK.

15 13 CONTINUED DEVELOPMENT 2. EXECUTIVE EDUCATION PROGRAMMES These programmes run several intakes per year and are typically based at our central London campus. The portfolio of executive education programmes at LSBF is designed to accommodate the needs of busy professionals, offering a number of scheduling options. Whether you prefer a full-day week long study or study sessions spread over 12 weeks, we offer a wide range of flexible full-time or part-time customisable programmes and short courses tailored to suit your career aspirations. Our programmes include: Postgraduate Certificate Programmes Management Development Programme Investment Management Programme Advanced Certificate Programmes minimba Executive Development Week Short Individual Courses Leadership Development Programme For more information and to see the full list of available programmes, visit executive-education

16 14 HOW TO APPLY? Step 1: Register with CIMA All students must register with CIMA. Visit for information on how to register. Step 2: To apply, decide on your programme and choose from the options below. For CIMA Part-time: Book your papers online, in a few simple steps, through our CIMA Part-time Shop: lsbf.org.uk/cima-part-time Or download and complete the programme s application form on programmes/professional/cima/application-forms and , post or fax it (please see back of brochure), together with payment/deposit to

17 15 HOW TO APPLY? your selected campus. Please make sure you sign the application form as we are unable to process any forms without a signature. Or simply call or visit us on campus and one of our advisers will help you with the enrolment process. For CIMA Live Online and Online: You can book your papers online, through the InterActive enrolment centre: Or call or visit us on campus and our advisers will be on hand to offer advice and help you make informed decisions about your programme of choice.

18 LONDON CAMPUS 30 Holborn Buchanan House London, EC1N 2LX Tel: +44 (0) SINGAPORE CAMPUS MANCHESTER CAMPUS LONDON CAMPUS BIRMINGHAM CAMPUS TORONTO CAMPUS London Birmingham Manchester Worldwide 2015 London School Of Business and Finance Information given in this brochure is correct at the time of publication and is subject to alteration