cimaprofessional qualification · a well rounded qualification forfinancial careers globally 10% of...
TRANSCRIPT
CIMAProfessional Qualification
Winner of “Best Learning Partner of the YearAward” by CIMAIndia
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Index
❑ManagementAccounting
❑CIMAQualification
❑ CIMAAdvantage
❑ IMS Proschool – CIMA Approved Learning partners
❑ Training at IMSProschool
❑ IMS ProschoolAdvantage
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ManagementAccounting
Management Accounting
Use of accounting data collected withthe help of financial accounting andcost accounting fordecision-making
FinancialAccountingRecording business transactions in the
books of accounts
CostAccountingCollection, classification and ascertainment ofthe cost of
production
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Management AccountantRole
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“A management accountant applies his or her professional knowledge and skill in thepreparation and presentation of financial and other decision oriented information in such a wayas to assist management in the formulation of policies and in the planning and control of theoperation of theundertaking"
ManagementAccountants:
❑ Advise managersabout the financial implications of projects
❑ Explain the financial consequences ofbusiness decisions
❑ Formulate businessstrategy
❑ Conduct internal businessaudits
❑ Explain the impact of the competitive landscape.
CIMAat a Glance❑ UK based Professional body offering training and qualification inmanagement accountancy
since1919
❑CIMA is the world’s largest and leading professional body with 218,000 members andstudents
operating in 177countries
❑Member of International Federation of Accountants
❑ Develops skills for Strategic Advice, Managing Risk, and Managing KeyDecisions
❑Gain CGMA – Chartered Global Management Accountant
❑ A well rounded qualification forfinancial careers globally
❑ 10% of working members are Finance Directors (including CFOs) and 9% are Financial
Controllers, 16% are Chief Executive Officers or ManagingDirectors.
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Business Analyst
Group Treasurer
Financial Analyst
Forensic Accountant
Project Manager
Project Manager
Director Operations
Corporate Finance
Business Planning
Financial Controller
Management Consultant
Pricing/Cost
Analyst
Roles for ManagementAccountants
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CIMA professionals in spectrum ofindustries
FinancialServicesProfessional Services& Consulting
Engineering &Manufacturing
FMCG PublicSector Retail
Transport & Travel Media &Publishing Telecom & IT
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CIMA Professionals– look beyondfinance
66%
54%
38% 38% 37%
28%
19%17%
11% 11%
6%
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Why ChooseCIMA
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✓CIMAis the most relevant financial qualification with sole focus on business
✓Earn a globally recognised CGMA (Chartered Global ManagementAccountant)
✓Acceptedand recognised in 176 countries around the globe
✓Opportunities in finance and business criticalfunctions
✓CIMA qualified professionals work in a gamut of industries includingPublic, Private sector and
Not-For-Profit organisations
✓Case study based approach – sharpening analytical and applicationskills
✓Computer based assessments – can be taken from anywhereanytime
✓Flexible study options and greater successrates
Best of bothWorlds
Practical,On-The
JobLearning
(Plus Code of Ethics)
Management
Skills & Financial
Orientationv
InstituteofCharteredAccountants
ofIndia
‘Acco
unting’
Regula
tory a
nd
com
plia
nce
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MB
A p
rogra
mm
es
CIMA RemunerationSurvey (2013–India)
Operational Level
Management level
Strategic Level6 – 8Lakhs
8 – 10Lakhs
13 Lakhs+
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Recruiters choiceglobally
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Someof the top companies recruiting CIMAprofessionals
Sector CompaniesFMCG Procter Gamble, Unilever, Nestle, Pepsi co, Coca Cola, Telco,Kellogg’s
Banking &Finance KPMG, Deloitte, PWC, E& Y, Barclays, HSBC, Morgan Stanley,RBS,
Deutsche Bank, American Express
IT Accenture, IBM, Cisco, Siemens,Capgemini,
Automobile Ford, Airbus, RollsRoyce
Other Shell, BP, British Airways, Sony, Vodafone,Xerox
CGMA – The new global standard for
Management Accountants
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CIMA Advantage– Best of MBA, CWA&CA
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&Enterprise
Business
• Communication
• People Management
• Strategic Management
Performance
Budgeting
• Control
• Forecasting & Decision Making
• Cost & Price Management
• Project Appraisal
Financial
Accounting
• Financial Reporting & Management
• Risk Management
• IFRS
Award – Member of the Chartered Instituteof ManagementAccountants
Entry routes to CIMAQualification
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Strategic Level – Integrated CaseStudy
AwardCIMAAdvanced Diploma in ManagementAccounting
ManagerialLevel– Integrated CaseStudy
E2:Project andRelationship
Management
P2: AdvancedManagement
Accounting
F2:AdvancedFinancial
Reporting
Award CIMADiploma in ManagementAccounting
Operational Level – Integrated CaseStudy
E1: OrganizationManagement P1: ManagementAccounting
F1:Financial Reportingand
Taxation
Certificate In BusinessAccountingBA1 BA2 BA3 BA4
E3: StrategicManagement F3:FinancialStrategyP3: RiskManagement
Entry route for CA, CWA,
MBA& PGP Management
Accounting “ Gateway
AssessmentExam”
Entry route forcommerce
graduates “Operational
Level”
12th ornon-commerce
background
CIMA EnterprisePillarS
trate
gic
Managem
ent
Opera
tional
E1
Organisational
Management
E2
Project &
Relationship
Management
E3
Strategic
Management
How do we formulate strategy and planfor its implementation?
• Introduction to strategic management and assessingtheglobalenvironment• The human aspects of anorganization• Managing relationships• Managing change throughprojects
How do we implement strategy usingprojects?
How do we mobilise the whole organisation to implement strategy?
• Introduction to organizations• Managing the financefunction• Managing technology andinformation• Operations management• Marketing• Managing humanresources
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• Interacting withthe organisations environment• Evaluating strategic positionand options• Leadingchange• Implementingstrategy• Information systems in organisationalstrategy
CIMA PerformancePillarS
trate
gic
Managem
ent
Opera
tional P1
Management
Accounting
P2
Advanced
Management
Accounting
P3
RiskManagement• Identification, classificationand evaluation of Risk
• Responses to strategic risk
• Internal controls tomanage risk
• Managing risks associated withcash flows
• Managing risks associated withcapital investment
Identify and managerisks
• Cost accounting systems
• Budgeting
• Short-term decisionmaking
• Dealing withrisk and uncertainty
• Cost planning and analysis for competitiveadvantage
• Control and performance management of responsibility
centers
• Long-term decisionmaking
• Management control andrisk
Provide information for operational and strategic decision making
Apply tools and techniques for decisionmaking
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CIMA FinancialPillarS
trate
gic
Managem
ent
Opera
tional F1
Financial
Reportingand
Taxation
F2
Advanced
Financial
Reporting
F3
Financial
Strategy
• Formulation of financialstrategy
• Financing and dividenddecisions
• Corporate finance
Make financialdecisions
• Regulatory environment for financial reportingand
corporategovernance
• Financial accounting andreporting
• Management of working capital, cash and sources of
short-term finance
• Fundamentals of businesstaxation
• Sources of long-termfinance
• Financialreporting
• Analysis of financial performance andposition
Prepare FinancialReports
Prepare simple financial reports and planning fortaxes
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YourPathwaytoCIMAQualification EntryRoute Total
No. of
Paper
s
Exemptions Papers Duration
Undergraduates CIMA Certificate in
BusinessAccounting
16 Nil 16 2.5 – 3years
Graduates with
non-
commerce
background
CIMA Certificate in
BusinessAccounting
16 Nil 16 2.5 – 3years
Graduateswith
commerce
backgroun
d
Operational Level 16 4 12 2 – 2.5years
Graduateswith
IMSProschool
PGPMA
Management
GatewayAssessment
16 11 5 1.5 – 2years
MBA/CA/ICWA Management
GatewayAssessment
16 11 5 1.5 – 2years
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CIMA exams
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Level Subjects Examsittings
Certificate in BusinessAccounting BA1, BA2, BA3,BA4. Around the year
Operational Level E1, P1,F1 Around the year
Operational Level Operational CaseStudy March, May, August,November
ManagementLevel E2, P2,F2 Around the year
ManagementLevel Management CaseStudy March, May, August,November
Strategic Level E3, P3,F3 Around the year
Strategic Level Strategic CaseStudy March, May, August,November
CIMA FeeStructure
Particulars Total Fees(GBP) Total Fees(INR)
Registration (Onetime) 77 7700
AnnualSubscription 115 11500
Level No.ofPapers Fee perPaper Total Fees(GBP) TotalFees(INR)
Certificate 4 70 280 28000
Operational 3 90 270 27000
Operational CaseStudy 1 145 145 14500
Management 3 100 300 30000
Management CaseStudy 1 155 155 15500
StrategicLevel 3 145 435 43500
Strategic CaseStudy 1 220 220 22000
Total 17 1805 180500
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IMS ProschoolTrainingFeeStructure
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Program(Classroom) Fee(INR)
Certificate in BusinessAccounting 50,000
Operational Level 50,000
Managerial Level 50,000
Strategic Level 60,000
Master Gateway Assessment (For MBA,CA,CWA) - Fastrack 35,000
Gateway comprehensive 50,000
GatewayLVC 45,000
IMSProschool Advantage
✓ CIMA Approved Learning Partner
✓ Faculty from the industry
✓Weekend/weekdays classroom program and Live Virtual
Classroomprogram
✓ Extensive prep-program for casestudy
✓ 100% placement assistance
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Study modes -FeaturesCla
ssro
om
Trai
nin
g • Face-to-face training by industryexpert
faculty
• Access online study resources andmock assessments
• Get your queries/doubts resolved in realtime
• Networking opportunity withvaried
experienced professionals
• Knowledge sharing among peersand motivation due to interactivity
• Interview grooming
Live
Vir
tualC
lass
es • Audio – Video enabled “Live & Interactive
training program” on CISCO Platform• Clear your subject doubts face-to-face
withexperts
• Get recorded sessions forfuture reference and missedsessions.
• Access Online study resources andMock assessments
• Interact with your peers virtuallywhile learning
• No travel, save time - Study in the comfort of your home with abroadband connectivity
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AboutProschool
❑ IMS Proschool is an initiative of IMS learning Resources Pvt. Ltd an organization engaged in training students forlast 42years.
❑ Proschool was launched in 2006 with the objective of equipping graduates and young professionals, withrelevant and current skills through standards-based and thoroughly tested certification programs to enable themto perform in awide spectrum ofbusiness environs.
❑ Ranked #4 Trusted Brand in Education and 44th amongst Most Trusted Service Brands across India (AC-Nielsen & Brand Equity Study)
❑ IMS Proschool along with parent organization has trained more than 3 lakhs candidates for different competitive exams and professional courses
❑ 90 centers across India for Management Training and 7 centers of Proschool for FinancialTraining
❑ Proschool has also trained over 20000 professionals fromwell known organizations like StateBank of India, Bank of India, UTI,KotakGroup, ICICIGroup,Sundaram BNP Paribas, Citibanketc.,
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Partnerships
Funded by National Skill Development Corporation, a PPP promoted by the
Union Ministry of Finance, Govt of India to offer skills based education
Tie-up with National Stock Exchange's NCFM for Certification test administration
Approved learning partner of CIMA (UK) formanagement accounting
qualification
Approved prep provider of CFA Institute, USA for CFAProgram
Partner with NISM (National Institute of Securities Market - an Initiative of SEBI)
to spread Financial Literacy and Awareness across 135,000 schools in the
country.
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Trained & Certified employees of followingOrganizations
▪ State OwnedBanks
▪ ForeignBanks
▪ SecurityHouses
▪ Mutual FundCompanies
▪ Insurance Companies
▪ IT/ITES
CorporateClients
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Certification Programs
• Chartered FinancialAnalyst
• FinancialModeling
• Certified FinancialPlanner Certification
• Financial ServicesFoundation
• Chartered Institute Management
Accountant
• BusinessAnalytics
Post GraduateProgram
(6 Month – 9months)
• Financial Modeling &Business Analysis
• BusinessAnalytics
• Banking & FinancialPlanning
• ManagementAccounting
Our other industry orientedprograms
To Know more visit us atwww.proschoolonline.com
Follow us on www.facebook.com/proschoolonline
Or call your nearest IMS Proschoolcentre
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City Contact no
Bangalore 9900799981
Mumbai 9619207323
NaviMumbai 9152729315
Pune 9769162050
Gurgaon 9971414355
NewDelhi 9871878870
Chennai 9884909158
Hyderabad 9701233472
Othercities 9769162050
Kochi 9645629999