It takes strategic vision to lead. Guide your students on the path to join an elite group of global business leaders. It takes strategic vision to lead. i
Your students are ready for this. Imagine the student who looks forward to: Driving business decisions in companies Preserving value in organisations Protecting assets and chasing new opportunities Having an inside view of the business Tracking monthly performance and everyday trends With the Chartered Global Accountant (CGMA ) designation, they ll have opportunities to do this and more. It takes strategic vision to lead. 1
CGMA a designation for the future Created in 2012 by the American Institute of CPAs (AICPA) and the Chartered Institute of Accountants (CIMA), the Chartered Global Accountant (CGMA) designation recognizes the competencies and expertise of professionals who lead the world s most successful organisations, blending a unique skill set of management accounting, financial accounting and business-focused acumen. The CGMA designation is the certification for future business professionals who want to inform strategies and drive sustainable success for organisations around the world. Thousands of companies around the world, from multinationals to the newest startups, in both the public and private sectors, train their people with us. As a CGMA designation holder, your students will combine numbers, smarts and creativity to uncover unseen problems, and give a fresh spin on solutions. Whether they become the CFO at a FinTech startup or a consultant for a not-for-profit organisation in the education sector, being a CGMA designation holder is as open-ended as they want it to be. It is not limited to one industry, position or location, public or private, big or small chances are, you ll find CGMA designation holders working there. With CGMA next to their name, they ll set their own standard. It takes strategic vision to lead. 2
Students will drive business forward in ways they never imagined. Thousands of companies around the world, from multinationals to the newest startups, in both the public and private sectors, train their people with us. Chances are that in any sector you can think of, there will be CGMA designation holders driving businesses forward. With the CGMA designation, your students will: Catch the eye of employers around the globe. Choose their own roles. Earn higher salaries. Study at their own speed. Develop core business competencies. Showcase their leadership skills. Differentiate themselves. Bridge competency gaps. Earn continuing professional education credits. It takes strategic vision to lead. 3
The CIMA qualification to achieving the CGMA designation The CIMA qualification leading to the CGMA designation gives you the skills, expertise and authority to call the shots and make decisions that will lead to ongoing success. Award/membership of the Chartered Institute of Accountants and the CGMA designation Assessment of practical experience Strategic level Strategic Case Study Exam E3 Strategic P3 Risk F3 Financial Strategy level Operational level Award: CIMA Advanced Diploma in Accounting (CIMA Adv Dip MA) Case Study Exam E2 Project and Relationship Award: CIMA Diploma in Accounting (CIMA Dip MA) Operational Case Study Exam E1 Organisational P2 Advanced Accounting P1 Accounting F2 Advanced Financial Reporting F1 Financial Reporting and Taxation Practical experience/lifelong learning Certificate level Enterprise pillar Performance pillar Financial pillar Award: CIMA Certificate in Business Accounting (CIMA Cert BA) BA1 Fundamentals of Business Economics BA2 Fundamentals of Accounting BA3 Fundamentals of Financial Accounting BA4 Fundamentals of Ethics, Corporate Governance and Business Law It takes strategic vision to lead. 4
Achieving the CGMA designation By sharing your knowledge about the CGMA designation, you ll further equip your students with a solid understanding of what a future looks like for fundamental accounting, management and business principles to kick-start their career in the world of business and finance. The pillars As CGMA designation holders, students will turn numbers into business strategy. So, these three pillars don t just cover finance, but also other critical business areas. Enterprise pillar Develop strategies and plan to put them into action. Performance pillar Monitor activity to make sure strategies are realistic and effective. Financial pillar Prepare and understand financial statements to monitor performance and inform company decisions. It takes strategic vision to lead. 5
The levels The focus on these three levels help CGMA designation holders sharpen skills and stay ahead throughout their careers. The operational level is all about implementing short-term decision-making. It mirrors the work of first-line managers and their teams. The management level considers analysis to get to performance success. It reflects the work of middle managers. The strategic level is about making long-term strategic decisions, and providing resources to implement those decisions successfully. Usually, senior management takes on this level. Exams Objective tests Nine on-demand 90-minute exams Case studies Three three-hour exams you can take during four windows per year To complete a level, students will need to pass all three objective tests (or have an official exemption) before sitting for the Case Study exam. Length of the course Typically, students spend between three and four months studying for each of the objective tests, followed by another six to eight weeks preparing for the Case Study exam. Overall, students should aim to complete the CGMA Professional Qualification in three to four years. It takes strategic vision to lead. 6
It takes strategic vision to lead. 7
Getting started Step 1: Encourage your students to register as a CIMA student. Registration details can be found at cimaglobal.com/register or by calling one of our student advisors at +44 (0)20 8849 2251. Step 2: Do your students qualify for exemptions? Find out if your students are eligible for exam exemptions at cimaglobal.com/exemptions. If they are, email copies of any pertinent transcripts and certificates to documents@cimaglobal.com. Step 3: Help them choose their study style. Your students can study in a variety of ways to earn the CGMA designation. Encourage them to visit cimaglobal.com/studying to choose the option that will suit their individual learning styles. Step 4: Exam scheduling Exam entry is open year-round for the CIMA Certificate in Business Accounting and the CIMA Professional Qualification Objective Tests. For case studies, there are exam entry windows. See cimaglobal.com for full details. It takes strategic vision to lead. 8
About the Association The Association of International Certified Professional Accountants (the Association) is the most influential body of professional accountants, combining the strengths of the American Institute of CPAs (AICPA) and the Chartered Institute of Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 650,000 members and students in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMA designation holders and accounting and finance professionals globally. To learn more about becoming a CIMA student, visit us at cimaglobal.com/register or call one of our student advisors at +44 (0)20 3814 2303. 2018 Association of International Certified Professional Accountants. All rights reserved. CIMA and The Chartered Institute of Accountants are trademarks of The Chartered Institute of Accountants and are registered in the United Kingdom and other countries. The Globe Design is a trademark owned by the Association of International Certified Professional Accountants and licensed to CIMA. 23899-333.