How many hours a week should I study for CIMA?
At Certificate level, each paper will require between 35 – 50 hours of study (this would include attending tuition sessions if you study via a classroom, virtual classroom or Online Live course) and, as such, many students find that planning to study each paper over 6-8 weeks is a reasonable target.
Can I study CIMA on my own?
Anyone can study CIMA, with or without previous experience. If you do already have relevant qualifications in business or finance, you might not need to take all of the CIMA exams. You can study it as a stand-alone qualification or as a stepping-stone to the CIMA Professional Qualification.
Is studying CIMA hard?
Myth #2: CIMA is too hard Although CIMA isn’t easy, it is certainly achievable, and AAT will set you up well to study for and pass your exams. The pass rates are high, with an overall exam pass rate of between 70-95% for objective test sittings and certificate level exams in the 12 months to 30 September 2018.
How long does it take to study for a CIMA exam?
Most students take around 12 months to complete the qualification, which consists of four subjects, assessed by computer-based exams. Once you’ve passed this qualification, you can work in roles such as accounts clerk or within administration roles, and earn between £25,000 – £28,000.
How many times can you fail CIMA exam?
A: There is no time limit to complete the CIMA qualification. On average, it takes a student who is working full-time and studying part-time between three and five years to qualify. Q: How many times can I sit an examination? A: There is no limit to the number of attempts you may have at each exam.
Is CIMA harder than CA?
CIMA prepares you to work across an organisation, not just within finance. Chartered Accountancy (CA) takes more than 4 years to complete the qualification and the passing rate is about 5% per level where as CIMA takes approximately 2-3 years to complete and the passing rate is about 40 to 50%.
Which CIMA exam is the hardest?
According to CIMA website, the most difficult exam besides the Gateway (15% Pass rate) is the P2 (45%). As for the case study exams, I think they are more difficult to classify as they will measure a broader skill set (e.g. writing, conceptualizing, communication, leadership, etc.). Pass-rates vary from 35% to 65%.
What pays more ACCA or CIMA?
An ACCA qualified professional usually starts in the job profiles of Accountant, Financial Consultant, Tax Manager, Finance Manager, and Internal Auditor. On the other hand, CIMA qualified professionals get an average salary of £62,000, which can go up to £129,000 at senior levels.
Does CIMA expire?
How long are exam credits valid for? The exam credits are valid for 1 year from the date you are re-registered as a CIMA student.