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CIMA
Chartered institute of Management Accountants, in short CIMA, established in the year 1919, is a globally recognized qualification for careers in Business & Finance.
CIMA is the world’s largest professional body of Management Accountants. It has more than 250,000 members working in around 180 countries.
Professionals with CIMA qualification work in the field of Corporate Finance, Financial Reporting, Financial Analysis, Business Analysis, Project Finance, Treasury Management, Risk Management etc.
CIMA members receive an additional designation- CGMA in collaboration with the CPA (USA).
CIMA - is Cost effective
Registration, training and examination fee together can costs between Rs. 2 to 4 Lakhs depending upon your prior qualification.
More than 4500 companies are the partner of CIMA
Qualified CIMA members in India are earning an average of Rs. 22.30 lakhs in basic salary plus Rs. 2.40 lakhs in bonus payments.
CIMA students earn on average Rs. 9.10 lakhs in basic salary plus Rs. 0.80 lakhs in bonus payments.
CA takes more than 4 years to complete the qualification and the passing rate is about 5% per level whereas CIMA takes approximately 2-3 years to complete and the passing rate is about 50% to 60%.
CA is recognised in India whereas CIMA is recognised in around 180 countries.
Many companies across the world are managed by CIMA members. This is the reason why many companies are looking for CIMA members in India as well.
CMA is an Indian Qualification whereas CIMA is an international qualification
STAGES OF CIMA QUALIFICATION
CERTIFICATE LEVEL
OPERATIONAL LEVEL
MANAGEMENT LEVEL
STRATEGIC LEVEL
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