CIMA knowledge, skills and salary progression competency map

CIMA level completed Completed qualification and attained fellowship Enterprise competencies Performance competencies Financial competencies Potential salary*

FCMA, CGMA
All CIMA exams have been completed and minimum three additional years of strategic finance experience is completed

97,156

Completed qualification and attained membership T4

ACMA, CGMA
A synthesis of all the competencies below is brought to bear in the case study exam and the minimum three years work experience** is completed

52,680

Strategic

MODULE: E3 - ENTERPRISE STRATEGY

Analyse corporate environment (internal / external) Evaluate strategic options Manage change Design and run performance management systems

MODULE: P3 - PERFORMANCE STRATEGY

Evaluate and manage business risk Manage financial risk Review, audit and evaluate risk control systems Apply risk management to IT/IS environment

MODULE: F3 - FINANCIAL STRATEGY

Formulate and evaluate financial strategy Conduct business or corporate valuation Model and forecast cash flows and other finances Advise on mergers, acquisitions and divestments

36,834

Management

CIMA Adv Dip MA

MODULE: E2 - ENTERPRISE MANAGEMENT
Analyse competitive environment Plan, set up, manage and execute projects Lead the team Negotiate and communicate effectively

MODULE: P2 - PERFORMANCE MANAGEMENT

Advise on product manufacture and pricing Plan and manage cost for competitive advantage Design and manage budgeting system Evaluate performance of organisational units

MODULE: F2 - FINANCIAL MANAGEMENT

Prepare group accounts Evaluate and apply IFRS Analyse and interpret financial statements Prepare CSR reports

30,834

Operational

CIMA Dip MA
MODULE: E1 - ENTERPRISE OPERATIONS
Awareness of IT/IS issues and environment Awareness of key marketing issues Awareness of efficiency and quality issues Awareness of people management

MODULE: P1 - PERFORMANCE OPERATIONS

Calculate and analyse cost of products Forecast and budget for organisational activities Evaluate capital expenditure Manage short-term finance (e.g. cash)

MODULE: F1 - FINANCIAL OPERATIONS

Prepare basic tax computations Prepare financial statements for single company Use IFRS and GAAP Manage general and other ledger systems

28,732

CIMA Cert BA
Certificate
 Basic knowledge and comprehension of what information to look for in order to achieve results for their organisation (costing, decision making)  Basic knowledge and comprehension of how to communicate financial performance to external parties (accounting statements, regulation)  Ability to create a informative numerical description of events and issues (forecasting, spreadsheets) B  asic understanding of the economys impact on organisational performance (macroeconomics, competition) B  asic Understanding of regulation of the conduct and activities of organisations (governance, ethics)

26,000

Competency means assessed knowledge and/or skills that a student has acquired All designatory letters require knowledge update through continuous professional development (CPD) Source: 2011 CIMA salary survey* See practical work experience guidance**