CIMA Course Duration and Fees in Sri Lanka with Syllabus and Exam Details
Another prestigious management accounting program, the Chartered Institute of Management Accountants (CIMA) course, is becoming a popular choice among aspirants in Sri Lanka for its exponential career opportunities. CIMA prepares professionals to lead business by going beyond standard accounting – concentrating on how finance influences strategy and performance throughout an organization. It gives individuals the tools they need to manage risk, influence decisions, evaluate data, and promote long-term company success. With an emphasis on industry accountants, CIMA offers its members continuous assistance and training.
An individual who wishes to enroll in CIMA, it is an ideal time to give your career new heights. Use this blog as a resource to learn everything you need to know about the CIMA course duration and fees in Sri Lanka, basic course structure, exam pattern, and more.
CIMA Syllabus Overview
Here is a comprehensive summary of the learning topics and syllabus for the CIMA course.
CIMA Certificate Level:
- Fundamentals of Business Economics
- Fundamentals of Management Accounting
- Fundamentals of Financial Accounting
- Fundamentals of Ethics, Corporate Governance, and Business Law
CIMA Operational Level
Topics and Weightage:
- Introduction to organizations (25%)
- Managing the finance function (15%)
- Managing technology and information (15%)
- Operations management (15%)
- Marketing (15%)
- Managing Human Capital (15%)
CIMA Management Level
Topics and Weightage:
- Introduction to Strategic Management and Assessing the Global Environment (30%)
- The human aspects of the organization (20%)
- Managing relationships (20%)
- Managing change through projects (30%)
CIMA Strategic Level
Topics and Weightage:
- Interacting with the organization’s Environment (20%)
- Evaluating Strategic position and strategic options (30%)
- Leading Change (20%)
- Implementation Strategy (15%)
- The Role of Information Systems in Organizational Strategy (15%)
CIMA Course Duration in Sri Lanka: Complete Breakdown
The CIMA includes three case studies and nine Objective exams divided into four levels. The majority of students can finish CIMA in four to five years.
- Certificate level: Students usually need 12 months to finish this level, which consists of four CIMA exams.
- Operational level: There are three exams and one case study to finish at this level. Students typically complete this level online within a year.
- Management level: There are three exams and one case study to finish at this level. It takes 12–18 months to finish this level.
- Strategic level: There are three exams and one case study to finish at this level. It will take 12 to 18 months to finish this level.
A brief overview of the CIMA course duration was provided, categorized by different levels and exams.
CIMA Fee Structure and Schedule
The CIMA exam format includes computer-based objective examinations and a case study exam at the conclusion of each level. The CIMA exam fee varies by area and level.
CIMA course fee in Sri Lanka includes:
- Registration Fee: Around £77
- Exam Fees: £70–£120 per subject
- Subscription Fee: Around £120 annually
Because of the program’s flexibility, working professionals can take exams at any time of the year. Now, you are clear on CIMA course fees in Sri Lanka. Now, let’s check the exam pattern and other details.
CIMA Exam Pattern
| Particulars | Objective-Type Exams | Case Study Exams |
| Exams at Each Level | 3 | 1 |
| Duration | 90 minutes | 180 minutes |
| Paper Type | Objective type | Integrated case study |
| Exam Frequency | Based on the center’s availability | 4 times a year (February, May, August, November) |
| Result Declaration | Immediately after the exam | After 1 month of the exam |
How to Become a CIMA Member in Sri Lanka
You need to fulfill the following three requirements to become a CIMA member and obtain the highly regarded CGMA (Chartered Global Management Accountant) designation:
- Finish the CIMA Qualification: Qualify for the CIMA exam at every level, which consists of: The Strategic Case Study (SCS) exam, which marks the conclusion of the Certificate Level, Operational Level, Management Level, and Strategic Level.
- Fulfill the Practical Experience Requirements (PER): A minimum of three years of validated, pertinent work-based experience in fields like risk management, business analysis, finance, or management is required. It is crucial to understand the CIMA membership and certification process after the CIMA course duration and fees in Sri Lanka.
- Apply for Membership: You can use MyCIMA to submit your membership application after your PER and examinations are over. You will formally be granted the ACMA and CGMA designations upon approval.
This was a comprehensive blog on CIMA course duration and fees in Sri Lanka, with course details and exam-related information. Hopefully, you have found it helpful and interesting.
Frequently Asked Questions (FAQs)
Q: How long is the CIMA course in Sri Lanka?
Ans: Three case studies and nine Objective Tests make up the four levels of the CIMA course. The majority of students can finish CIMA in four to five years.
Q: How quickly can I pass CIMA?
Ans: Understanding how long it will take to finish the CIMA certifications is crucial because studying for them demands time, money, effort, and a sustained commitment. If you study five to eight hours a week on average, you should be able to finish the CIMA Certificate in Business Accounting in six to twelve months.
Q: How is the CIMA qualification different from the ACCA?
Ans: While ACCA is primarily focused on auditing and accounting work, CIMA is more focused on business, which covers management, costing, and financial accounting. Members of ACCA and CIMA can be found all around the world.
