Part A - Initial Professional Development
You need a minimum of three years' relevant work based practical experience before becoming a chartered management accountant.
Practical experience requirements are the same for all sectors.
Experience may be drawn from any of the following three areas (but a minimum of 18 months must be gained within the core area):
The table below outlines each of these areas.
| Area 1: Basic |
Area 2: Core |
Area 3: Supplementary |
| 1a. Preparing and Maintaining
Accounting Records |
2a. Preparation of management
accounts |
3a. Financial strategy |
| 1b. Statutory and Regulatory
reporting |
2b. Planning, Budgeting and
Forecasting |
3b. Corporate Finance |
| 1c. IT Desktop Skills |
2c. Management Reporting for
Decision Making |
3c. Treasury Management |
| 1d. Systems and Procedure Development |
2d. Product and Service Costing |
3d. Taxation |
|
2e. Information Management |
3e. Business Evaluation and
Appraisal |
|
2f. Project Appraisal |
3f. Business Strategy |
|
2g. Project Management |
3g. External Relationships |
|
2h. Working Capital Content |
|
|
2i. Risk Management and Business
Assurance |
|
Some or all of the required experience may have been gained before registering as a student.
Important! Find out more about submitting your career profile to CIMA by downloading the guide to becoming a member.
Part B - Case Study Course
Our T4 Case Study course is designed to give you all the industry knowledge you need to pass the Case Study exam.
Key info:
- Based on a case study set in a simulated business context for a specific industry
- Draws on syllabus content from the Strategic Level.
You will be asked to submit a report based on the pre-seen & unseen case study material, plus a smaller secondary document. The exam involves application of strategic management accounting techniques:
- Time management
- Prioritisation
- Commercial judgement
- Report writing.
- Exam date: 24th May 2012
- Exam entry dates: find out more
- Exam duration: 3 hours, plus 20 minutes of pre-exam reading time.
T4 students have the option to sit their exam on computer in March, May, August and November (where available), and on paper in May and November.
The questions will be based upon:
- the pre-seen case study material, which will be published online at least six weeks before the exam
- further unseen material which will be given in the exam. This will allow further developments to be explained and additional issues to be raised.
You must score a minimum of 25 credits (out of a possible 50) to pass T4 part B: the case study exam.
Tip! Students
sitting their exams in March or August have the opportunity
to resit their exam in May or November with the same case study
material! Find out more about our Resit
Courses.