Online Distance Learning Course
CIMA’s CGMA® Operational Level
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Want to develop your accountancy skills to lead finance departments or be a management accounting consultant? Then this is the place to start. CIMA’s CGMA® Professional Qualification is made up of three levels, and you need to start at the Operational level to get going.
This level will teach you about managing finance, costs and analysis used in production, and financial reporting. It will also prepare you for roles such as a financial analyst or management accountant, and you could earn up to £33,000 a year.
Once completed, you can continue with your Eagle subscription and move onto CIMA’s CGMA® Management level at no additional cost.
You’ll need to have completed CIMA’s Certificate in Business Accounting, AAT Level 4, or have an accountancy or finance degree.
By the end of the CGMA® Operational level you should have come to grips with managing finance , costs and analysis used in production, and financial reporting.
The level is made up of three Objective Tests and a Case Study.
You’ll learn about the role of finance in organisations, as well as the technology landscape and its impact on organisations and the finance function.
You’ll learn about the importance of costs in the production, analysis and use of information for decision-making in companies.
You’ll learn about the regulation and preparation of financial statements, giving you the skills to produce basic financial statements. You’ll also learn about working capital and business tax.
As well as the Objective Tests, you’ll do a Case Study. This is where you’ll put your learning to the test with a real-life scenario. Using the skills gained during the level, you’ll resolve issues that a management accountant may come across at work.
Each subject is assessed by an objective test, and the level as a whole is assessed by a final Case Study.
The Objective Tests are computer-based and are 90 minutes each. The exams can be sat at any time of the year, and can be taken in any order. All assessments are marked by computer and you will be given a provisional result at the end of the exam. This will then be confirmed on your MY CIMA account within 48 hours.
The Case Study exam is three hours long and is computer-based. These exams are held in four exam sittings throughout the year. You must have passed all three Objective Tests before you can register to sit your Case Study exam. The exam is based on pre-seen material that will be released approximately seven weeks before the exam window. These exams are human-marked and your result will be released approximately five weeks after the exam window closes. Find out more information about
the exam dates and deadlines launch.
For the Objective Tests you need to get a scaled score of 100, with 150 being the maximum available.
For the Case Study exam you need to get a scaled score of 80, with 150 being the maximum available. You also need to be competent in all of the core activities at this level.
If you are unsuccessful in your first attempt, don’t worry you can resit your exam. For Objective Test subjects as these exams are on demand you can sit this as soon as you feel ready, for Case Study you will need to wait for the next quarterly exam sitting.
Log in your MY CIMA account and select ‘schedule your exam’. This will transfer you to the Pearson VUE website where you can select your exam, date, and time, and complete your booking.
CIMA registration, student membership, and exam fees not included.
For full details on Academic and Mentor support opening hours, please visit the contact us page.
After completing this level, you could go into roles such as a financial analyst or management accountant, and earn up to £33,000 a year. Alternatively If you want to continue studying, your Eagle subscription gives you unlimited access to all levels, meaning you can move onto CIMA’s CGMA® Management level at no additional cost.
You will need to register with CIMA as a student and pay a registration and annual student membership fee, as well as exam fees. These fees are in addition to your course fees. Find out more about these fees on the AICPA & CIMA website launch.
With Eagle, you’re free to manage your costs and choose how often you want to pay, and for how long. You can choose to pay monthly, quarterly, or annually and you can take a break anytime. No ties. No contract. No catch.