Is CIMA a good career?

Needless to say all of them are highly coveted roles with lucrative pay scales. As a CIMA member, this is one of the most widely available options that you will find. The role is pivotal and involves preparation of monthly or annual profit and loss statements and variance analysis.

Are you a chartered accountant with CIMA?

Once a qualified CIMA candidate you will be entitled to use the designation of Chartered Global Management Accountant (CGMA) and will make you part of the international network and will earn you recognition across the industry. CIMA holder job roles include business manager, financial analyst, and financial director.

What is the Chartered Institute of Management Accountants®?

The Chartered Institute of Management Accountants® (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants. CIMA helps individuals and businesses to succeed by harnessing the full power of management accounting – not just accounting for the balance sheet, but accounting for business.

Is Cima worth it?

As someone who has passed them all, and moved on to a MUCH higher paying job, let me tell you that CIMA is indeed worth it. CIMA is an internationally recognised qualification, giving you the necessary skills to succeed as a Management Accountant or many other roles.

What is the scope of Cima?

The Chartered Institute of Management Accountants (CIMA) is a globally recognised institute of professional accountants that has branches in over more than 180 countries. People who have the CIMA qualification work in various high position jobs in Private sectors, the public sector undertaking and various MNC like HP, etc.

What is the difference between the Cima and the CMI?

CIMA is particularly concerned with management accounting (but has a general management element). The CMI’s Chartered Manager designation covers all aspects of management, but is less finance oriented. Both are equally respected and valued but in different contexts. As a Chartered Manager of the CMI, I can only comment on that institute in detail.