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CIMA Advanced Diploma in Management Accounting

CIMA Advanced Diploma in Management Accounting

CIMA Advanced Diploma in Management Accounting: Benefits

Widely accepted certification

CIMA Advanced Diploma in Management Accounting is widely accepted across industries and magnifies your job opportunities in an industry of your choice.

Gateway Exam fees included

This course helps you prepare for the CIMA Management Gateway Exam. Course fee includes training and CIMA examination fees.

Work at MNCs

Work at MNC’s, management consultancies, banks, not for profit and public sector organizations.

Global recognition

Global recognition of your experience, commitment and skills by key employers. A qualification with CIMA is recognized in 178+ countries including India.

Job opportunities

Find opportunities as Finance Managers, CIMA Accountant, Management Consultants, Business Analyst, Finance Heads etc. As per current CIMA India survey, the average package for CIMA members is 30 lakhs INR pa. The Average Salary of part qualified candidates is between 8-11 lakhs INR pa.

CIMA Advanced Diploma in Management Accounting: Who Should Attend

  • All MBA/ PGDM students from AICTE approved institutions.
  • Students in their 2nd year of MBA/PGDM from AICTE approved institutions can apply
  • Professionals wanting to make a career in Management Accounting
  • Professionals who wants to develop their skill sets

CIMA Advanced Diploma in Management Accounting: Course Outcome

  • Ability to implement strategic Business & Management skills beyond the Finance Domain across industries
  • Expertise in cost reduction and lean management practices
  • Analyse information for business decisions. Formulate business strategy to create wealth and shareholder value
  • Identify and manage risk by applying accounting techniques to plan & budget
  • Communicate and explain the trends, numbers and charts to non-financial managers

CIMA Advanced Diploma in Management Accounting: Curriculum

  • Conceptual Understanding of Performance Management-P2
  • Conceptual Understanding of Enterprise Management-E2
  • Conceptual Understanding of Financial Management-F2
  • Case Study

 

CIMA Advanced Diploma in Management Accounting: Details on CIMA Operational level Marketing: History and Services

Details on CIMA Operational level Marketing: The Chartered Institute of Management Accountants (CIMA) is a UK based professional body offering training and qualification in management accountancy and related subjects. It is focused on accountants working in industry, and provides ongoing support and training for members.

CIMA is one of the professional associations for accountants in the UK and Ireland. Its particular emphasis is on developing the management accounting profession. CIMA is the largest management accounting body in the world with more than 227,000 members and students in 179 countries. CIMA is also a member of the International Federation of Accountants.

CIMA operates a standard scheme of qualifying examinations for prospective members. It promotes local education, training and management development operations, and new techniques through its research foundation and the dissemination of management accounting practices through publications and other media related activities. CIMA has been active in recent educational and vocational initiatives in former Eastern bloc countries. It publishes a monthly journal, supplied free to members and registered students, called ‘Financial Management’.

CIMA is recognised as a professional accounting body for various statutory purposes by UK and various overseas governments. The institute regulates the activities of its members by a code of practice, a discipline committee and (a recent innovation) a continuing education scheme. Its governing body is its council, comprising members elected from regional branches. Each of the branches has a committee and is responsible for much of the ‘grass roots’ activity. Activity such as qualification development is undertaken from the London head office.

The CIMA Global Business Challenge, an annual international business and strategic management competition for undergraduates around the world, is designed to bring out the best in the young business leaders of tomorrow.

In July 2009, CIMA added an online community – CIMAsphere – to its website. The community consisted of a range of blogs, discussion boards, groups, community answers, expert Q&A sessions and some social networking features for members, students and the general public. This has since been shut down. Members are instead encouraged to join the CIMA LinkedIn group, and students are directed to CIMAconnect, an online study support portal.

In 2011, CIMA entered into a joint venture with the American Institute of Certified Public Accountants (AICPA) to launch a global management accounting designation called the Chartered Global Management Accountant (CGMA).In the Americas outside the U.S., non-U.S. CPAs can obtain the new designation as an AICPA International Associate, after a rigorous assessment process. In the rest of the world, new designation holders are able to become members of CIMA after the same assessment process.

CIMA is proactive to tie up with American CPA because of the current convergence trend between US-GAAP and IFRS, reinforced following the merger of the iconic New York Stock Exchange with Germany’s Deutsche Boerse AG. “It remains to be seen whether companies listed in a combined exchange would be required to report under IFRS, US GAAP or both, but as the US appears to be moving towards IFRS adoption it is more likely the international standards would be the accounting rules of choice”.

CIMA Advanced Diploma in Management Accounting: Recommended read

CIMA Advanced Diploma in Management Accounting- Complete details

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