CIMA Exemptions for Degrees

Do you hold a degree in accounting or finance? You can study a CIMA qualification and apply CIMA Exemptions for Degrees. It allows you to finish your course sooner. Let’s find out how CIMA will benefit you with your degree.

CIMA Exemptions for Degrees

 

The CIMA qualifications focus on management accounting. If you hold a degree in business, finance or accounting, the work covered in CIMA could be work that you already know. Exemptions shorten the time that it takes to complete the course.

Holding two qualifications in the business and finance world will benefit you a lot. It will increase your employability and professional status.

CIMA Exemptions for Degrees to enhance your skills.

Who is Eligible for Exemption?

 

It depends on the type of qualification that you hold. If your degree is older than ten years, it does not qualify for exemptions. The table will show you some of the degrees that will get you an exemption. Please note that this is not a complete list.

Degree type

Exemptions awarded

Accounting

All certificate level exams

Business studies/administration

All certificate level exams

Commerce

All certificate level exams

Business general

BA1 Fundamentals of business economics

BA4 Fundamentals of ethics, corporate governance and business law

Finance

BA1 Fundamentals of business economics

BA2 Fundamentals of management accounting

BA3 Fundamentals of financial accounting

Management

BA1 Fundamentals of business economics

MBA

All certificate level exams

E1 Organisational management

Economics

BA1 Fundamentals of business economics

More information about which degrees qualifies for exemption can be found on the CIMA website.

How do you Apply for a CIMA Exemption?

 

You can apply via email or fax, but you need to be a CIMA student. Once you have registered, you can apply for the CIMA exemptions for degrees.

Register as a CIMA Student

 

Register on the CIMA website or through us, Skills Academy, a CIMA accredited training provider. We can assist you with your registration and with applying for the CIMA exemptions for degrees. Contact us today on our toll-free number 0800 39 00 27. A friendly course expert will assist you with your application.

When you have successfully registered, you will receive a CIMA contact ID. Now you can move on to the next step.

Apply for CIMA Exemption

 

If you have received your CIMA contact ID, you can apply for the exemption. Follow the below steps.

  1. Search for your qualification here. Each degree from every University is different. You can search for your institution, and all of the degrees that will be awarded exemption will be listed.
  2. Send your Graduation certificate or a letter from the University (stating that you’ve completed the course) as proof. Email them to [email protected]
  3. CIMA will send confirmation of receipt via email within 72 hours. It takes up to 20 working days for your exemption to be approved or declined.
  4. Accept or Decline exemption granted.
  5. Pay for your exemptions.

Do not send your original documents, because CIMA cannot guarantee its safe return.

CIMA Exemptions Fees

 

When you accept an exemption, you need to pay for it. You need to pay for every exam paper that you are not going to write. Have a look at the fees below.

 

Qualification exam

British Pound

South African Rand

Certificate in Business Accounting (per subject)

GBP 70

R1,359.41

Operational level objective tests (per subject)

GBP 90

R1,747.82

Operational level case study exam

GBP 145

R2,815.93

Management level objective tests (per subject)

GBP 100

R1,942.02

Management level case study exam

GBP 155

R3,010.13

Strategic level objective tests (per subject)

GBP 145

R2,815.93

Strategic level case study exam

GBP 220

R4,272.44

The CIMA fees information is available on the CIMA website. All of the calculations made was on fx-Rate on 14 September 2018.

CIMA Course Duration | CIMA Exemptions

Last Updated: November 2, 2020

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ABOUT THE AUTHOR:

Charnell Ward
Charnell Ward
Charnell is a top-class content creator at Skills Academy. She creates engaging content with the aim to provide useful information on distance learning and further study opportunities. Her passion for writing goes beyond her career, as she enjoys writing short stories and volunteering as a writer in her free time. View my LinkedIn profile

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