Do you want to start a career in business and finance but have no knowledge of it? The CIMA Certificate in Business Accounting is the perfect course for you. You’ll learn the basics of the business, finance and management accounting. Let’s find out how to kick-start your career with this qualification.
What is CIMA?
CIMA stands for the Chartered Institute of Management Accountants. They are a professional body for management accountants based in the United Kingdom (UK). CIMA qualifications focus on management accounting. With this qualification, you can almost go into any future job opportunities by learning the basics of financial management.
CIMA Certificate in Business Accounting Syllabus
The CIMA Certificate in Business Accounting is an entry-level qualification, where you gain a solid foundation in the business and finance industry. Management accountants focus more on the internal business needs than external accounting standards. So you will also gain knowledge in business and management principles.
How Many Subjects are There to Complete?
There are four subjects that you need to do. They are listed below.
- BA1 Fundamentals of Business Economics
- BA2 Fundamentals of Management Accounting
- BA3 Fundamentals of Financial Accounting
- BA4 Fundamentals of Ethics, Corporate Governance and Business Law
You can get more information on the CIMA website.
Which NQF Level is the CIMA Certificate in Business Accounting Equal to?
The CIMA Certificate qualification is equivalent to an NQF level 5 with the SAQA ID: 24418.
What is NQF?
NQF stands for the National Qualifications Framework. They set out guidelines and principles for the qualifications that you study so that it can be recognised nationally. It also shows a record of your academic achievements. You can get more information here.
What are the Entry Requirements to Study the CIMA Certificate?
You should be 16 years and older, understand English, and have an understanding of Maths, which is highly recommended. The CIMA certificate is called the entry-level qualification for a reason because you don’t need knowledge of the industry.
Do you get a Certificate After Completing the Qualification?
Yes, you do. You will receive the CIMA Certificate in Business Accounting. After passing this course, you can use the credentials CIMA Cert BA after your name.
How Long Does it Take to Complete?
You can complete it in 12 – 18 months. According to CIMA, most of the students complete the course within a year.
How Many Exams do you Have to Take?
You need to take four exams. It consists of four Objective Tests, one per subject. Objective Tests are computer-based assessments with short questions, like multiple choice and fill-in-the-gap questions. These exams are 2-hour long question papers. Your results will be available immediately or within 48 hours of taking the exam.
CIMA Certificate in Business Accounting job Prospects
Business- or management accounting is the financial backbone of a company. Business accountants create goals, plan how they will reach them and take action. Their focus is to meet internal business needs rather than keeping up with external accounting standards. You can go into the following jobs to mention a few:
- Cost Clerk
- Accounting Administrator
- Cost Accounting Manager
- Auditing Clerk
Register With Skills Academy
Skills Academy is a distance learning college accredited in CIMA. With us, you can study and work at the same time. We will provide tutors to help you during your studies, and we will deliver your study material to you. You can complete the form on the left-hand side for a callback from one of our friendly consultants or click on the link below.
Written by: Olivia Pika
Last updated: February 07, 2019