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Information on Cost of CIMA Master’s gateway route

Cost of CIMA Master’s gateway route

Cost of CIMA Master’s gateway route

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.[1] CIMA is also a member of the International Federation of Accountants.

Cost of CIMA Master’s gateway route

CIMA acknowledges people with MBAs as future business leaders. However, it is clear that in the competitive global market for talent, businesses are looking for more than just strong financial and managerial skills. Increasingly businesses are alert to the damage done to them by a failure to do the right thing which can cause economic and environmental damage, undermining a company’s longterm reputation and prospects.

Membership of CIMA, a global professional body with a record in business ethics, corporate responsibility thinking and responsible business management, underpinned by our membership’s commitment to a robust professional code of ethics and ongoing professional development, provides an assurance to employers of an engagement with all the issues that affect long-term sustainability of their businesses

Cost of CIMA Master’s gateway route

CIMA Masters Gateway 

The CMGA is drawn from the management level of the CIMA syllabus:

P2: performance management

E2: enterprise management

F2: financial management

On successful completion of the CMGA exam, you will be granted 11 exemptions from CIMA’s Professional Qualification and will be awarded the CIMA Advanced Diploma in Management Accounting. You will also be eligible to start studying for CIMA’s strategic level exams. All exemptions are free.

The CMGA exam is three hours long and can be taken globally at an approved CIMA exam centre. For a one-off fee the CMGA accelerated entry route includes the following:

• your CIMA student registration fee

• your first annual subscription fee

• one attempt at the CMGA exam and;

• three CIMAstudy.com online study modules (E2, P2 and F2).

Cost of CIMA Master’s gateway route

Master’s gateway route

The Master’s gateway route is an accelerated entry route to the CIMA Professional Qualification and the globally recognised CGMA designation for individuals who hold an MBA or Master’s in Accounting.

How does it work?

Eligible individuals are required to take the CIMA Gateway Exam (also known as the Management Level Case Study exam for those who are not on the accelerated route). The CIMA Gateway Exam:

  • is a three hour long computer based case study exam
  • is based on pre-seen material which is released on CIMAconnect six weeks before the exam (it is your responsibility to access and familiarise yourself with this material before the exam)
  • is available in four windows a year (refer to the exam timetable for more information)
  • will assesses knowledge and competencies covered in the Management level of the CIMA Professional Qualification

Cost of CIMA Master’s gateway route

Fundamental level

This requires a basic understanding of the business structures, operations and financial performance and includes responsibility for implementing and achieving results through own actions rather than through others.

  • Introduced at CIMA Certificate in Business Accounting (2017 syllabus)
  • Applies to Operational level of the CIMA Professional Qualification

Intermediate level 

This requires a moderate understanding of the business operations and measurements including responsibility for monitoring the implementation of strategy. This has limited or informal responsibility for colleagues/and or needs to consider broader approaches or consequences.

Applies to Management level of the CIMA Professional Qualification.

Advanced level

This required strong understanding of the organisations environment, current strategic position and direction, with strong analytical skills and the ability to advise on strategic options for the business.  This includes formal responsibility for colleagues and their actions, and that that their decisions have a wider impact.

Applies to Strategic level of the CIMA Professional Qualification.

Expert level

This requires expert knowledge to develop strategic vision and provide unique insight to the overall direction and success of the organisation.  This level requires formal responsibility for business areas and actions and decisions taken at this level have a high level of strategic impact.

Those operating at Expert level are likely to be CGMAs in very senior roles and would be keeping their skills up to date through CPD.

Cost of CIMA Master’s gateway route

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Cost of CIMA Master’s gateway route

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