New visa restrictions coupled with the rising cost of higher education overseas are realities that parents and students need to tackle head on – and with students having just completed London A/L’s and O/L’s, the question weighing on many of their minds is, ‘what next’?
The Chartered Institute of Management Accountants (CIMA) has been, for the longest time, the ‘path forward’ for hundreds of students across the globe, and for a good reason too. Speaking to The Sunday Leader, Regional Director for CIMA Bradley Emerson stated that CIMA offers more than just a mere qualification, but a pathway to bigger and better career prospects with the next generation qualification. Emerson explained, “Students would be at a cross-road at this point and the decision they make today will shape where they are headed to tomorrow, and we urge parents and students to make an informed and intelligent decision rather than impulsive ones.”
Students who have completed A/L’s or O/L’s now have the option of enrolling for the Certificate in Business Accounting (CBA), which is the entry level for the CIMA Professional Qualification, a reflection not only of the urgency there is in getting a CIMA qualification by students but also of the current demand for CIMA qualified students by big time employers. Statistics show that over 90% of CIMA qualified students are employed, with the balance furthering their education.
CIMA, has long been recognized for the institute’s ability to turn out students who are qualified both in accounting and business management enabling them to be ‘leaders and innovative thinkers in the game’ according to Emerson. Emerson said, “We do believe that academic education is important, but quality professional higher education leads to career progress and a quality professional education doesn’t come part time, which is why CIMA is a preferred option for students who don’t always make it to a university.
The qualification is not only recognized globally but also grants open access to recognized degree and MBA providers like the Birmingham City, Northumbria, Gloucestershire and Manchester Metropolitan universities which give CIMA qualified students up to 30 credits.” Emerson further added that CIMA qualified students now have access, in the form of direct membership to CPA Australia, CMA Canada, Institute of Chartered Accountants England and Wales (ICAEW) in the UK and ACCA; a complete one and get four others in a package of sorts.
Apart from this, a new development in the form of an M.O.U between CIMA and the AICPA to offer a joint qualification has recently been established. On the cost factor, Emerson stated the total costs of doing CIMA inclusive of all tuition fees registration and examination fees is only Rs 450,000. Then for an additional Rs 750,000 a CIM A student can opt for a foreign degree or MBA qualification and be well up the corporate ladder from as early as their mid twenty’s. He said, “We have the success stories to prove that fact as CIMA has proven over decades that it is the fastest vehicle that can take these students to top destinations.”
Also, a well known fact is that the world’s top corporate giants prefer CIMA qualified students. Emerson said, “In terms of versatility, we put out the best students that are snapped up as soon as they graduate. At CIMA we’re about delivering students that are sought after and students have the power of career options at hand. And we have accomplished that year after year by deepening and broadening a student’s knowledge and horizons.” CIMA is a leading membership body that offers an internationally recognized professional qualification in management accountancy, which focuses on accounting for business. CIMA is the only international accountancy body with a sole focus on business. It’s a world leading professional institute that offers an internationally recognized qualification in management accountancy, focusing on accounting in business, in both the private and public sectors.
It’s also the fastest growing UK based accountancy body, in terms of members, in both the UK and worldwide and is the voice of over 99,000 students and 83,000 members in 168 countries. In Sri Lanka alone, there are more than 2,000 members working in a variety of fields both in the private and public sector. CIMA students in Sri Lanka number more than 13,000.