CIMA Professional Operational Level
The CIMA Professional Chartered Management Accounting qualification is considered one of the most relevant finance qualifications in the world for business professionals. This qualification consists of official CIMA approved training materials, which includes eLearning, Study Books, Exam Preparation Guides, Pocket Revision Kits and Unlimited Tutor Support. The Operational Level is the first level of the CIMA Professional Qualification, consisting of three subject areas: E1 – Managing Finance in a digital world P1 – Management Accounting F1 – Finance Reporting The knowledge gained at this level will help you to make short term decisions, work with others within your organisation to use appropriate technology and data to convert medium term decisions into short term, actionable plans. After completing the tests and Case Study exam, you will receive the CIMA Diploma in Management Accounting and will gain the designatory letters CIMA Dip MA . The next stage in your CIMA journey will be the CIMA Professional Management Level. Why Study with e-Careers We have trained over 555,000 delegates We only use training materials which have been officially approved by CIMA Study at your own pace, where and when it suits you This course includes eLearning, Study Books, Exam Preparation Guides, Pocket Revision Kits and Unlimited Tutor Support We offer Interest-Free Payment Plans Exceptional Pass Rates Includes ?75 Amazon Gift Card
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The Chartered Institute of Management Accountants (CIMA) is the worlds largest and leading professional body of Management Accountants. CIMA offers the most relevant global finance qualifications for business.
There are three subject areas in the CIMA Professional Operational Level:
- E1 – Managing Finance in a digital world
- P1 – Management Accounting
- F1 – Finance Reporting
E1 – Managing Finance in a digital world
Learn the central role finance plays within an organisation and why and how technologies used can impact the finance function.
Understand how to examine and use data collected and processed, to create and preserve value for companies.
Discover how the finance function is shaped and structured, as well as how it interacts with different sections of the organisation, to achieve organisation-wide objectives.
P1 – Management Accounting
Learn what costing is used for and how it is done.
Discover how budgets are prepared and implemented throughout an organisation and the impact it has on a business.
Understand essential techniques used to ensure effective short-term decision making, using risk management tools.
F1 – Finance Reporting
Learn who the regulators are and what they do, as well as why and how these regulations are applied.
Discover how to prepare financial statements using correct reporting standards. Discover the tools used to ensure an organisation has enough cash to continue with its regular operation.
Understand how to calculate corporation tax and learn how to distinguish between different types of taxes.
Once completed, you will gain the required knowledge to make short term decisions and use appropriate data and technology to develop short term actionable plans from medium-term decisions. Upon completion, you will earn the part qualified designatory letters CIMA Dip MA.
E1 Managing Finance in a digital world
- Role of the finance function
- Technology in a digital world
- Data and information in a digital world
- Shape and structure of the finance function
- Finance interacting with the organisation
P1 Management Accounting
- Cost Accounting for decision and control
- Budgeting and budgetary control
- Short term commercial decision making
- Risk and uncertainty in the short term
F1 Finance Reporting
- Regulatory environment of financial reporting
- Financial statements
- Principles of taxation
- Managing cash and working capital
Advantages of this Course
- Study CIMA wherever and whenever suits you best
- Official CIMA approved course content
- Improve earning potential with a CIMA qualification
- CIMA members (CGMAs) earn an average of £66,000 per annum*
- 63% of CIMA students expect to receive a bonus within 12 months of qualifying*
- There are a wide range of job roles, including financial, consulting and management
- Tutor Support available
- Self-paced study enables you to determine how quickly you can progress
* Source – 2019 Association of International Certified Professional Accountants Salary survey
The Operational Level has a 90-minute, computer-based Objective Test.
Objective Tests include a range of number entry questions, short multiple-choice questions, drag and drop questions, and more. They will test all component learning outcomes you have covered within this course.
This test is computer-graded, and you will receive a provisional grade of pass or fail immediately. Official results will be sent out within 48 hours.
Your exam can be taken at any Pearson Vue Test Centre around the world, with a choice of 5,000 centres.
The Operational Level will conclude with a Case Study Examination, which integrates the skills, techniques and knowledge, gained across the three subjects covered. These Case Study Exams are available four times a year: Feb, May, Aug & Nov.
The role simulated in this Case Study is that of an Entry level finance professional. You will be provided with a simulated context, allowing you to demonstrate you have acquired the necessary knowledge, techniques and mindset for that role.
These Case Study exams are human marked, and you will receive your results five weeks after the close of the Case Study window on your MY CIMA account.
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