The CIMA Exam Structure

To take the CIMA Exam, candidates should either acquire the Certificate in Business Accounting from the CIMA, or they have a relevant graduate degree.

The CIMA Exam, officially known as the Professional Qualification, comprises of the operational, management and strategic levels.

In each level, there are 3 pillars: Enterprise pillar (E), Performance pillar (P) and Financial pillar (F). You can consider the to be as exam topics, covering value creation, shaping the value and narrating the value creation in the organization.

 You need to finish one level to proceed onward to the following. This is a successive exam.

 The accompanying diagram clarifies the CIMA exam structure very well:

What number of Papers are there in CIMA?

In every one of the 3 levels, there are 3 objective tests, speaking to the 3 pillars. There is additionally one incorporated case study exam in each level.

(3 objective tests + 1 integrated case study) x 3 levels = 12 tests/papers

CIMA Levels Structure

1. Operational Level

This level covers the part of junior accountants — the usage of methodology and related revealing. Up-and-comers will figure out how to plan financial statements, give the management accounting data, and utilize suitable instruments to settle on business choices.

 The 3 objective tests are:

Managing finance in digital world (E1)

The Management Accounting (P1)

Financial Reporting(F1)

When you complete this level, you get the CIMA Diploma in Management Accounting.

 2. The Management Level

This covers the part of managers — to be the scaffold between senior administration and staff, among system and usage. The work centers around checking and reporting.

The up-and-comers will figure out how to plan bunch accounts, settle on estimating and item choices, and oversee tasks and connections.

 The 3 objective tests are:

Managing Performance (E2)

Advanced Management Accounting (P2)

Advanced Financial Reporting (F2)

When you complete this level, you get the CIMA Advanced Diploma in Management Accounting.

 3. Strategic Level

This level covers the function of senior administration — the prospectus focuses on creation strategic choices and giving the setting to which, those choices will be executed. Candidates figure out how to detail financial system, oversee strategic connections, and identify and manage risk.

 The 3 objective tests are:

Strategic Management (E3)

Risk Management (P3)

Financial Strategy (F3)

On completion of the Strategic level, applicants will be qualified to present their functional experience for appraisal.

 CIMA Masters Gateway Exam

For those with a graduate degree in accounting, you can pick the quickened way by taking the CIMA Masters Gateway exam. Whenever passed, you can avoid the initial two levels and go directly to the Strategic level.

The CIMA Masters Gateway Exam has the least breeze through rate among all CIMA assessments. One must invest the exertion to exploit this most optimized plan of attack.

 CIMA Exam Format

Objective Tests

The applicants can step through the Objective Examination in each level in any request, however they need to pass every one of the 3-preceding taking the Case Study exam in that level.

The Objective Tests have a particular schedule dependent fair and square and learning pillar. Each test is an hour and a half long and includes objective style questions.

 Case Study Exam

As opposed to the Objective Tests, the Case Study exams join the information and learning over the 3 learning pillars, and are set inside a recreated business setting identified with 1-2 anecdotal associations (however dependent on genuine business situations).

 Each case study exam is 3 hours in length. Candidates are needed to give short answers and papers.