CIMA Foundation Level

Introduction

LSM is recognised by CIMA as a listed tuition Provider. The CIMA course is designed by the "Chartered Institute of Management Accountants" who offers an internationally recognised professional qualification in management accountanting.

The CIMA syllabus is a mix of practical and strategic subjects designed to give you a cutting edge in financial management.

The syllabus is progressive and will develop the student's skills as he/she advances from Foundation level through Managerial level and finally to the Strategic level. On successful completion of the Foundation level students will be awarded a Certificate in Business Accounting. The CIMA Certificate in Business Accounting is an entry requirement to the CIMA Professional Qualification and a recognised qualification in its own right.

To become a Chartered Management Accountant (CMA) students must complete all three levels and gain three years of relevant practical experience. The Foundation level consists of five papers, the Managerial level six papers and the Strategic level three papers, making a total of 14 papers.

Foundation Level

• Paper C01: Fundamentals of Management Accounting
• Paper C02: Fundamentals of Financial Accounting
• Paper C03: Fundamentals of Business Mathematics
• Paper C04: Fundamentals of Economics for Business
• Paper C05: Fundamentals of Business Law

Test of Professional Competence in Management Accountant (TOPCIMA):

TOPCIMA is the final exam that students sit. By passing this exam students have proved that they have the ability to transfer their strategic and practical knowledge to a real life business situation. The TOPCIMA has no specific syllabus content.

CIMA Examinations

Students are examined by computer-based assessment (CBA) for all papers C01 to C05 at the Foundation level. These exams can be taken one at a time to suit the student in one of the accredited CBA centres. The papers at Managerial and Strategic levels are assessed through paper based examinations.

Only students who are registered with CIMA may sit examinations. Paper based examinations are held twice a year, in May and November. Strict registration and examination deadlines apply. For examinations in May, students must register by 31 January and for examinations in November, students must register by 31 July. Enrolment on a course at LSM does not automatically register the student with CIMA.

Progression

• Students who complete the Foundation level progress to Managerial level.
• Students who complete the Managerial level progress to Strategic level.
• Students who complete the Strategic level and three years relevant practical experience progress to Member CIMA.

Course Commencement

Certificate levels: September, January, April and July
All other levels: January or July

Course Delivery

Students who meet the minimum entry requirement commence their studies from Foundation level and are expected to sit for Computer Based Assessment (CBA). Students successfully completing the Foundational level will progress to Managerial level and from Managerial level to Strategic level.

Option One

• Papers C01, C02 & C03 then
• Papers C04 & C05 then
• Papers P1, P2 & P4
• Thereafter students progress to
• Papers P5, P7 & P8
• and finally to Papers P3, P6 & P9 Papers C01 & C02 then

Option two

• Papers C03 & C04 then
• Papers C05 & P1 then
• Papers P2 & P4
• Thereafter students progress to Papers P5, P7 & P8 and finally to Papers P3, P6 & P9

LSM offers both full and part time tuition and students may select one of the following schedules:

• Daytime Classes (full time) - Monday to Friday, 1000 - 1700 hrs
• Evening Classes (part time) - Monday to Friday, 1730 - 2030 hrs
• Weekend Classes - Saturday & Sunday, 0900 - 1700 hrs

Disclaimer: Weekend and evening classes availability is subject to demand.

The foundation level course is for one academic year in duration. Managerial level will be 12 to 15 months in duration. Advanced level is 12 months in duration. All full time students attend classes for 15-18 hours per week.

Revision Classes
LSM also offers revision classes to those students who require additional support in preparing for their exams. These revision classes are normally offered during April for May examinations and October for November examinations. Classes can be arranged on weekdays, evenings or weekends depending on the level of demand.