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Advice Re. Cima

  • 20-07-2009 12:25pm
    #1
    tumbledown
    Registered Users, Registered Users 2 Posts: 22 ✭


    Hi All,

    I'm hoping to hear from someone that has successfully (or partly) made their way through the CIMA qualification. Despite holding a business related 'under' and 'post' grad I did not qualify for any exemptions and so must sit the Certificate level examinations. The guidelines state that it is on average 6-8 weeks per module with 5 in all. The route I have chosen is to study for two exams at a time:
    • Management Accounting + Mathematics;
    • Financial Accounting + Ethics, Corporate Governance;
    • Business Economics.
    Could anyone let me know if the 6-8 weeks on this schedule is feasible allied with full time employment? Any other advice or pointers would be gratefully received.

    Thanks


Comments

  • #2
    smcgiff
    Closed Accounts Posts: 5,943 ✭✭✭smcgiff


    tumbledown wrote: »
    Despite holding a business related 'under' and 'post' grad I did not qualify for any exemptions

    You must REALLY want to do CIMA!

    Not CIMA so I'll bow out after that really useful comment above. Apart from saying good luck


  • #3
    djk1000
    Closed Accounts Posts: 899 ✭✭✭djk1000


    6-8 weeks should be no problem. Do you have any management/financial accounts experience from your college studies?

    In my opinion, Management Accounting and Financial Accounting are the hardest to master, no alternative but to lock yourself in a quiet room and do lots of pracitce questions, once the concepts are mastered, you'll fly through the exam. If you can handle those two then maths won't be a problem. The remaining two just take some memory and time to read.

    If you don't mind spending a few extra euros, if you sign up for ACCA and do their management accounting paper, it gets you an exemption from the CIMA management accounting AND maths papers.


  • #4
    dudara
    Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭dudara


    I did the cert last year over the space of the year - our company arranged the timetable.

    Definitely possible to do each unit in 6-8 weeks - because I was working abroad in Brussels I ended up doing C3, C4 and C5 on my own with no classes or revision sessions.

    If you can get revision sessions though, I would recommend them. I found them useful for C1 and C2. Do lots and lots of practice questions too.

    BTW - our timetable was
    Session 1: C1 + C2
    Session 2: C3 + C4
    Session 3: C5


  • #5
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    tumbledown wrote: »
    Despite holding a business related 'under' and 'post' grad I did not qualify for any exemptions and so must sit the Certificate level examinations.

    You sure about that? Seems harsh. Under ACCA, for example, you would be looking at at least 3, maybe even 4 or 5 exemptions, if you have a broad-based business degree, not to mention the post-grad!

    Am ACA myself so can't really offer any CIMA-specific advice, but all the best regardless.


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