Preparing for your CIMA Exams? Make sure you’ve got a better idea with below pointers..
With the fast changing dimensions and requirements of the dynamic business environment, the needs of the business have also changed, thus effectively changing the needs of the employers. It is not only a challenge for the businesses to evolve with the growing market, but also for them to employ such people in their organization who help them achieve the set goals.
To stay aligned with these requirements of the employers, Chartered Institute of Management Accountants, the largest body of management accountants (CIMA) across the world, changes various aspects of the qualification every 5 years
In this regards, the recent changes made by CIMA , are a paradigm shift. While there has been no major change in the syllabus, the testing methodology has changed drastically. So what are the big changes?
The three papers related to Enterprise, Performance and Financial pillars at each level will now be examined by computer-based objective assessment. These exams will be available on demand throughout the year.
All the three levels, i.e. Operational, Management and the Strategic will now have a computer-based Integrated Case Study (ICS) exam, instead of a single case study exam (T4) in the previous syllabus.
- Computer-based assessment
- Available on demand
- 90 minutes long, with minimum 70% passing
- Results available immediately
- Detailed analysis provided within 48 hours
- Within the level, Objective Tests can be taken in any order
- Can be taken at Pearson Vue Centres globally
- Four sittings per year (February, May, August and November)
- Provided with the case (Pre-seen Material ), six weeks in advance
- 3 Hours duration Computer based
- Results available after 5 weeks of the exam
- Detailed feedback provided
- Need to score 80 and above out of 150
- Minimum threshold of all the key skills
- Through these changes the institute wants to create a qualification which gives the right blend of skills and knowledge to the students, so that they can be on the job from day one, thus increasing employ-ability.