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What are the benefits of completing CIMA?

CHANGE YOUR CAREER TRAJECTORY AND EXPAND POSSIBILITIES

By Mrunal JoshiPublished about a year ago 3 min read
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Yes it is. Actually I have recently completed the CIMA certification and also got my credentials, which helped me to secure a great job opportunity in a reputed organization.

Chartered Investment & Management Accountant (CIMA®) is the one of kind certification. Through a friend I got to know about this certification. This credential is mainly designed for professionals who want to excel in the field of accounting and finance and are seeking ways to enrich their job and career prospects by super-specializing in the twin advanced fields of investment accounting and management accounting in the international platforms.

By Annika Gordon on Unsplash

A few of the benefits of doing CIMA certification are as follows:

Quicker and easy career advancement

When comparing individuals who have done the CIMA credential with those who have obtained alternate paths, the result is that the individuals who have CIMA® credential usually accomplish better and higher positions in top organizations. Aspiring professionals, who get into their professional career with a college degree and without any further credentials, will often find themselves in lower level beginning positions, as they will lack the experience or knowledge that is required to reach the management level. Whereas aspirants who want to do the the CIMA credential, will have a simpler and quicker time to get the positions in upper management.

Opportunities to explore various jobs

Many CIMA® certified professionals find themselves working in the top-level management positions in their accounting career paths which include financial analysts, controllers, and even CFOs over the time of their careers. Aspiring individuals who doesn’t have any certification will face a tougher time to get into these higher positions in the reputed organization, as they will be required to spend a lot of time learning and proving themselves. With CIMA certification, the proof of management aptitude is self-evident to any hiring manager.

Attractive salary with more earnings

Based on data obtained by a yearly census, aspirants who have done at least one certification has earned a quite more than 70 percent when compared to their non-certified ones in the global market. This means that the individuals who have credential

will earn back the money they spent on CIMA management accounting qualification in very less time. And also will get high paying job opportunities.

Recognized and values globally

For aspiring individual who are pursuing finance or management accounting career, a college degree is certainly a vital step on the way to a high-paying position. However, when seeking for the job opportunities in a global platform, education in the country of origin may not hold the same advantage. International employers will usually compare education from many various countries, meaning one may find that a degree in USA doesn’t have as much as value while applying to work in the other regions like Europe or Asia. On the other hand, CIMA® credential is a well-renowned and globally recognized certification, which helps an individual to apply for their desired job opportunities anywhere on the globe.

Apart from these there are many other benefits. After understanding the several perks that CIMA® credential offers then I have decided to go for it.

Importance of management accounting tools

Several business owners and managers have to make too many essential decisions every day. Management accounting tools are very useful to make such decisions by giving data-driven inputs hence enhancing the decision-making for their businesses.

Tools of management accounting offer a great focus on the ways to be successful in the operation of small, medium, and large business enterprises. By depending on the data acquired from such analysis, the management can take goal-driven decisions at continuous enhancement of the organization. The decisions will be justifiable and dependent on intelligent analysis as opposed to relying on a person’s instincts and guts.

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About the Creator

Mrunal Joshi

My name is Mrunal Joshi from India. Freelancer blogger for the past 4 months and looking forward to connecting with you via content. Thanks!

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