CIMA Exam Levels – Complete Details
CIMA Exam levels – The Chartered Institute of Management Accountants (CIMA) qualification is one of the most globally-recognised and sought-after business accreditations. It combines accounting, finance and management with the leading-edge skills and techniques that drive successful modern businesses.
CIMA Exam Levels
The full qualification consists of Three levels and even though you are able to study at your own pace, we recommend you study the qualification a level at a time.
In order to complete each level you will need to sit the relevant Integrated Case Study (ICS). These are available four times a year and focus on the skills employers look for. The assessments consolidate the learning at each CIMA level (Operational, Management, Strategic) to reflect real-life work situations. They are also taken via computer but marked in person by CIMA examiners.
The Certificate level is the open entry route to the CIMA qualification. It is comprised of 5 papers and usually takes 6 to 12 months to complete if you need to sit all five exams. You may be entitled to exemptions from some or all of the papers.
CIMA Certificate provides you with a good grounding in management accountancy and an insight into how the different areas of accounting relate to the business world. It also gives you a foundation to a career in business and finance, a knowledge refresher course and a bridge to the CIMA Professional Qualification.
The CIMA Certification Exam is conducted during four testing windows each year: the months of February, May, August and November. The exam is offered at AMP testing centers and is a four-hour exam that has 100 multiple-choice questions and 10 non-scored pretest questions.
This is the first Professional level of the CIMA qualification, and consists of three Objective Test exams, and an Operational Level Integrated Case Study exam. The exams are three hours long with an additional 20 minutes pre-exam reading time and the pass mark is 50%. To move on to Management level you must be exempt from or pass all these, and on successful completion you will be awarded the CIMA Diploma in Management Accounting. You must already have completed Certificate Level (or have exemptions) to be eligible to sit Operational Level exams.
Management level is the second level of the professional qualification and consists of four exams . It covers the monitoring and reporting of the implementation, and the corrective action that can be taken when required. You must have already completed Operational Level (or hold relevant exemptions), and will be awarded the CIMA Advanced Diploma in Management Accounting on completion.
Strategic level is the third level of the professional qualification and consists of three exams.With a long-term focus, the Strategic level is all about making strategic decisions and providing the context for which they will be implemented. You must have completed Management Level (or hold relevant exemptions), and is the final level of the CIMA Professional Qualification.