brochure copy - IMAS · about imas what is cima cima courses cima entry requirements cima fees why...

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Inspired by your dream 2020

Transcript of brochure copy - IMAS · about imas what is cima cima courses cima entry requirements cima fees why...

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Inspired by your dream

2020

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“Look wide, beyond

your immediate

surroundings and limits,

and you

see things in their

right proportion.

Look above the

level of things around you

and see a higher aim

and possibility

to your work.Lord Robert Baden-PowellSoldier and founder of the Boy Scout and

Girl Guide movements

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ABOUT IMAS

WHAT IS CIMA

CIMA COURSES

CIMA ENTRY REQUIREMENTS

CIMA FEES

WHY ACCA

ACCA ENTRY ROUTE

ACCA FEES

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Content

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Established in 2013 with the purpose of broadening access tohigh-quality professional accountancy education to aspiringChartered Management Accountants. IMAS is the brainchild ofNkosinathi Thela. IMAS, a professional accountancy institutionspecializes in Chartered Institute of Management Accountants (CIMA)and Association of Chartered Certi�ed Accountants (ACCA)quali�cations.

The National Skills Fund identi�ed accountants and �nance managersamong the skills that are in shortage in South Africa. IMAS decided toadd the highly regarded ACCA quali�cation to its o�ering to assist inclosing the gap identi�ed by the National Skills Fund. IMAS intendsto play a meaningful role in supporting the country to realize itsaspiration as encapsulated in the National Development Plan (NDP)of training and developing highly skilled graduates.

IMAS is dedicated to continuing to deliver the highest standard oflecturing and student support with the focus on guiding students torealizing their dreams of becoming professional accountants. Thequali�cations o�ered at IMAS are globally recognized, enabling IMASgraduates to succeed wherever they go. IMAS develops strategicthinkers with the capability of being business leaders, whilst o�eringcurrent business leaders the opportunity to gain greater knowledgeof business practices. IMAS quali�cations are suited for the ForthIndustrial Revolution, ensuring our students are not left behind.Studying with IMAS o�ers both individual, community and corporatepositive impacts.

IMAS is accredited by the Finance and Accounting Services SETA, aSETA responsible for the accounting sector in South Africa(FASSET Accreditation Number: A585000052). Our Johannesburgand Sandton campuses are classi�ed as CIMA Advanced GlobalLearning Partners, with the rest of our campuses at Global LearningPartner Level. ACCA has assigned a Gold Learning Partner status forour Johannesburg campus.

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AboutIMAS

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Our Vision

IMAS aspires to be a leading professional accountancy traininginstitution in South Africa by 2021.

Our Mission Our mission is broadening access to high quality education by:

• Recruiting the best tutors/lecturers with practical experience. • Providing excellent student support.

• Form strategic alliances with employers that can offer training opportunities to our students.

• Expand our footprint across the country by opening new IMAS locations.

Our Lecturers

• We have a team of over 25 lecturers and tutors.• Two-thirds are qualified ACMA, CGMA and CA (SA) or ACCA.

• One-third being CIMA Finalist or Masters Holders.

Our O�eringsDelivery Method

We o�er full time and part time classes, as well as distancelearning supported by an online student portal and mobile App.

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Durban (no evening classes)

Distance learning, available anywhere in Africa.

Full-time Part-time Midweek Weekends

Johannesburg

Sandton

Pretoria

Port Elizabeth

East London

Cape Town

Campus

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Chartered Institute ofManagement Accountants

The Institute of Costand Works Accountants

(ICWA) is founded

Name changes to theInstitute of Cost

and ManagementAccountants (ICMA)

1919

CIMA members aregiven the right to use

the title CharteredManagement

Accountant

1995

ICMA is granteda Royal Charter

19751972

Name changes to theChartered Institute

of ManagementAccountants (CIMA)

1986AICPA and

CIMA enter intoa joint venture

2011

CIMA is the world’s largest leading professional body ofmanagement accountants, o�ering the most bene�cial

accounting quali�cation for a career in business. CIMA hasmembers and students in 178 countries, making its

quali�cation the preferred choice for employers and ensuringyou’re amongst the most able, sought after and valued

employees in the world.

What isCIMA

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AICPA andCIMA launch the

Chartered GlobalManagement

Accountant(CGMA)

designation

2012 IMAS ISESTABLISHED

2013CIMA moves to

computer-basedassessments

2015AICPA and CIMA

form the Associationof International Certi�ed

Professional Accountants

2017

AICPA and CIMAintroduce the CGMA

Competency Framework

AICPA and CIMA launchthe Global Management

Accounting Principles

2014

AICPA and CIMAmembers approve

the creation of a new globalassociation to represent

public and managementaccounting around

the world

2016

TheCIMA

di�erenceThe CGMA Designation

CIMA joint venture with the AICPA brought us the CGMA designation – CharteredGlobal Management Accountant. The CGMA mission is to promote managementaccounting and the value that management accountants add to an organisation.

The CGMA designation signi�es that you are a trusted business strategist who canapply non-�nancial qualitative information along with �nancial analysis to

understand all aspects of the business. The designation continually sharpensbusiness acumen by providing the tools, reports and research holders need to help

drive sustainable business success.

Our Relationship with the Business Community We revise our syllabus regularly based on business trends and the employment

needs of businesses globally. How do we do that? We run extensive, interlockingresearch with employers globally to understand the type of employees they are

looking for to drive business forward.

The CGMA Competency Framework: Foundation of the CIMA Syllabus

With the information we have from employers globally, we developed a frameworkwhich shows the skills and competencies that �nance professionals need to boost

employability. The framework provides the foundation for our 2019 syllabus andassessment methods as well as our continuous professional development strategy.

This ensures CGMA designation holders are competent and con�dent managementaccounting professionals who can guide and lead sustainable business success.

Our Innovation in Assessment TechnologyTo make CGMAs even more employable, we have pioneered a combination of

computer based assessments that not only test our students’ knowledge but alsotheir ability to apply this knowledge in the business environment.

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Bene�tsin choosing

CIMA1. Employers Globally Choose CGMA If you are considering a career in business and �nance and want to developyour future with a world-class employer, CIMA is the professional quali�cationto have. Thousands of companies around the world, from multinationals tothe newest start-ups in the public and private sectors, train their people withus. Chances are that in any sector you can think of, there will be CIMAmembers driving businesses forward. Some of the employers who train theirstaff with CIMA are BP, Capgemini, Coca-Cola, Deloitte, GlaxoSmithKline,HSBC, Nestle, UK National Health Service, Siemens.

Search for more employers: www.cimaglobal.com/ouremployers

2. Global Job OpportunitiesQualifying as a Chartered Global Management Accountant with CIMA willopen up global job opportunities in whatever sector you choose to work.As a CIMA student you will have the skills and knowledge to move betweenroles, taking on new business and �nancial challenges. This process willopen your eyes to the huge number of opportunities that are open tosomeone with a CIMA quali�cation.

Many job opportunities can be found on CIMA MY JOBS.

CIMA’s o�cial jobsite, where major global employers regularly advertisesought after positions: myjobs.cimaglobal.com

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3. Earn Higher Salaries As a CGMA designation holder, you can earn more and go further. (Keep reading, we have the numbers to prove it)Even while you’re still studying, you can step ahead in the job market, because working to get your designationshows employers you’re dedicated, hardworking and always thinking about your future. If you’re alreadyworking, the CGMA designation can help you move up the ladder. A glimpse at average annual salaries of CIMAstudents and CGMA designation holders:

4. Preparing You for Bigger OpportunitiesOne of the most exciting aspects of embarking upon a CIMA qualification is the way it will enhance your career ifyou’re already working. As you progress through each level, you’ll �nd yourself acquiring and gaining business and�nancial skills that are directly relevant to the work you are in. This, in turn, will prepare you for larger, moreinteresting roles and greater responsibility within your organisation. As you progress through the quali�cation,you’ll also gain individual awards after each level.

1 USAStudents: N/AMembers: USD156,000

2 CanadaStudents: N/AMembers: CAD112,000

3 IrelandStudents: EUR45,000Members: EUR83,000

4 UKStudents: GBP32,000Members: GBP60,000

5 PolandStudents: PLN105,000Members: PLN198,000

6 South AfricaStudents: ZAR405,000Members: ZAR863,000

7 BotswanaStudents: BWP140,000Members: N/A

8 ZambiaStudents: ZMW140,000Members: N/A

9 ZimbabweStudents: ZWD24,000Members: N/A

10 UAEStudents: AED193,000Members: AED402,000

11 PakistanStudents: PKR733,000Members: N/A

12 IndiaStudents: INR1,404,000Members: INR2,506,000

13 Sri LankaStudents: LKR539,000Members: LKR2,173,000

14 ChinaStudents: CNY389,000Members: CNY791,000

15 MalaysiaStudents: MYR75,000Members: MYR195,000

16 SingaporeStudents: N/AMembers: SGD143,000

17 Hong KongStudents: N/AMembers: HKD1,010,000

18 AustraliaStudents: N/AMembers: AUD132,000

19 New ZealandStudents: N/AMembers: NZD134,000

Source: CIMA Salary Survey 2007

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CIMACOURSES

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The CIMA qualification gives you the skills, expertise and authority to call the shots and makedecisions that will lead to ongoing success.

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ENTRYREQUIREMENTS

For the Certi�cate in Business Accounting

You don’t need any formal quali�cation to start this level.You will need a good understanding of both English andMaths and a passion to succeed in business. If you aredoing Math Literacy, you will need a minimum of 50%pass rate. If you have an accredited accounting quali�cation,you might be eligible for exemptions from subjects at thislevel.

Call us to �nd out more about Exemptions.

To Proceed Beyond the Certi�cate inBusiness Accounting

You require a quali�cation in either accounting or�nance, this could either be:

• Diploma in Cost and Management Accounting • BCom/BCom Honours in Accounting, Management Accounting or any �nance related area • Master’s in Accounting or MBA

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CIMAGATEWAYROUTE

Are you a SAIPA member or hold an MBA Quali�cation The Professional gateway and Master’s gateway routes are anaccelerated entry routes to the CIMA Professional Quali�cation andthe globally recognised CGMA designation for individuals who holdan MBA or Master's in Accounting.

How does it work Eligible individuals are required to take the CIMA Gateway exam, alsoknown as the Management Level Case Study exam for those who arenot on the accelerated route.

The CIMA gateway exam is:• A computer based case study exam• Three hours long• Available in four windows a year (February, May, August and November)• Assesses knowledge and competencies covered in the Management level of the CIMA Professional Quali�cation

In preparation for the Gateway Exam, IMAS offers eight to ten weeksof contact classes through its part-time or home study programme.This will be followed by a two weeks of case study workshop, you canrefer to our 2020 timetables for dates and venue available on ourwebsite.

Once you have passed the CIMA Gateway Exam, you will be granted12 exemptions that include subjects from the certificate level,operational and management level exams, allowing you to progressstraight to the strategic level of CIMA Professional Quali�cation.

How much does it costYour fees are divided into two:

1. CIMA fees = R9,000 which covers: • Registration with CIMA• First year’s subscription fee• One attempt at the exam• 11 exemptions from Certificate, Operational and Management Level, after successfully passing the CIMA Gateway Exam

2. IMAS fees = R20,850 which includes: • All your contact classes for P2, F2 and E2 • Kaplan Study Material – Study Text and Exam Practice Kit• Unlimited Access to our pre-recorded material• Free Access to the Case Study Workshop

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How to get startedIMAS will register you with CIMA and submit documentsproving your eligibility for this route. Documents include:

• Complete academic transcripts (mark sheets) for all your quali�cations• Graduation certificate(s) or a letter from your University con�rming completion or letter from your professional body• Once your documents have been reviewed and approved you will then be con�rmed onto the gateway route by CIMA and commence with your classes in preparation for your Gateway Exam

This exclusive pathway for CA (SA), is a very structuredapproach. You can only be admitted into this pathwayvia application to the CIMA-SA o�ce. IMAS will assistwith the application.

Target Audience: All quali�ed CA’sAll CAs are exempted from 15 modules and only assessed on theStrategic Case study exam. After the process of exam completion, youwill need to apply to become a member. Once you are a member,your designation (CGMA) will be internationally recognised.

Application: To commence with an application for exemptions as a SAICA member,we require the following documents to be emailed to: [email protected] CV - Copy of CA (SA) certi�cate - Copy of ID document - Letter of good standing from SAICA - Completed C1 forms (request from our o�ce – 011 331 7343)

Fees: The cost of the programme is R58,500 for 2020 and includes:

Application fee:• Registration fee • Exam fee (one sitting of Strategic Case Study) • All books and mock exams • Exclusive support for membership application to use the letters: CGMA™ • Venue and facilities conducive for optimal learning experience

CIMAGLOBAL CA PROGRAM

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The above full-time fees include:•Registration Fee •Your annual CIMA Subscription Fee in the year you are enrolled with us•Access to our students online portal, loaded with our pre-recorded class videos and notes• Tuition Fee •Exam Fee for one attempt per exam * Study Material is excluded

The above part-time fees include:•Tuition, Mock Exams, Free Access to our online pre-recorded classes and notes* CIMA Registration Fee, Exemption Fee & Exam Fees are excluded

Distance Learning Fees include:•Study Material and Access to our Online Student Portal and Mobile App Access, loaded with pre-recorded lecturevideos and notes•Two days of revision classes•Access to online mock exams•Lecturer consultations

2020 FeesFull-time

CIMA Certi�cate in Business Accounting R 36,300

R 39,500

R 39,500

R 42,350

CIMA Diploma in Management Accounting

CIMA Advanced Diploma in Management Accounting

CIMA Strategic Level

Distance learning (per subject)

All CIMA Distance Learning Subjects R 4,500

Mobile application (per subject)

Mobile App Fees includes Only Access to pre-recorded lecture videosand notes via the Mobile App(Accounting Tutors- available on Android and iOS).

R999,99

Part-time Per subjectAll modules/level

CIMA Certi�cate in Business Accounting R 25,650

R 20,790

R 20,790

R 20,790

CIMA Diploma in Management Accounting

CIMA Advanced Diploma in Management Accounting

CIMA Strategic Level

R 7,125

R 7,700

R 7,700

R 7,700

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WhyACCA?

Supporting you every step of the wayStudy with ACCA to take your career in any direction, and become one of the mostsought-after �nance professionals needed in our ever-changing world. You will havethe worlds’ most progressive and supportive accountancy body driving your career,opening doors to superior opportunities. Join the fastest growing gateway to theaccountancy profession and build your success story.

ACCA is the world’s fastest-growing gateway to the accountancy profession, helpingpeople like you to become successful accountancy professionals. Our globalreputation is so strong that we now have over 170,000 members and 436,000students in 180 countries. We also work with over 8,500 approved employers and over80 accountancy partnerships worldwide.

Greater Opportunity – Power your futureOur mission is to give you greater career opportunity through quali�cations that arerecognised and recommended around the world.

Based on international accounting standards and independently benchmarked forquality, employers know that an ACCA quali�cation is a mark of professionalexcellence. This has been proved to greatly increase the opportunities for careerprogression and reward.

Innovative studying and support no other professional accountancy body o�ers thesame level of studying and support flexibility. We provide many innovative full-time,part-time and self-study options, and we were the �rst accountancy body to sponsora massive open online course (MOOC). We offer extensive support online and throughour 91 o�ces and centres globally and are the only accountancy body with a studentcontact centre operating 24 hours a day, 365 days a year.

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The ACCA Quali�cation is designed to provide accounting knowledge, skills, and professional values which willdeliver �nancial professionals who are capable of building successful careers across all sectors and making avaluable contribution to your organization, whether you are in the public or private sectors.

Reasons to choose ACCA:

1. Unrivalled Global NetworkACCA is a global body for professional accountants with over 208,000 members and 503,000 students in 179countries.

2. Respected by Employers Over one hundred years of proven reputation for quality and excellence More than 7,110 approved employers globally Quali�cations developed with employers giving you the skills and knowledge to be work ready

3. Flexibility ACCA offers you more flexibility than other accountancy qualifications thanks to our unique option papers.ACCA gives you a broad, yet thorough set of skills as well as an opportunity to specialize in whichever area youwish, from audit to management accounting. You do not have to choose your specialism until later in your studies,giving you time to decide where your interests lie.

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We o�er various entry points so you can start your ACCA studies at the right level, based on your previousquali�cations. We’ve listed the main entry routes here but visit our website to �nd out further information aboutentry requirements and exemptions.

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ENTRYROUTES

ExperienceAs well as completing exams and anethics module, you need to completethree years relevant work experience

Foundations

EXA

MS

ENTR

YRE

QU

IREM

ENTS

Find out more aboutACCA’s Foundation,level quali�cationsat accaglobal.com

AppliedKnowledge

Start your journey on the ACCA Quali�cation

ACCA Careers o�ers you career advice and opportunities along the way

Accountant in BusinessManagement AccountingFinancial Accounting

Don’t have university-entrancelevel* quali�cations

Start your journey at Foundation level

University-entrance level*or non-relevant degree

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Ethics andProfessional Skills module

Completing your ethics modulewill demonstrate you’re aprofessional and ethical�nance professional You’re a new member of the

world’s most forward thinkingprofessional accountancy body.

Applied Skills

Congratulations!

What otherquali�cationscan you gain?

Corporate andBusiness Law

(Optional BSc)

StrategicProfesstional (Optional MSc)

PerformanceManagement

TaxationFinancial Reporting

Advanced FinancialManagementAdvanced PerformanceManagement

Advanced TaxationAdvanced Auditand Assurance

Strategic Business Leader

An optional quali�cationin partnership with OxfordBrookes University

BSc(Hons) Degree inApplied Accounting

An optional quali�cation inpartnership with Universityof London

*See accaglobal.com for details

Note: This quali�cation structure isavailable from September 2018.For the current structure, please visitaccaglobal.com for further details.

MSc in ProfessionalAccountancy

Strategic Business Reporting

Audit and AssuranceFinancial Management

ACCA Diploma inAccounting and Business

or relevent accountingor �nance quali�cation*

Fully accredited degree*

ESSENTIALS

OPTIONS (PICK TWO)

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Ethics andProfessional Skills module

Completing your ethics modulewill demonstrate you’re aprofessional and ethical�nance professional You’re a new member of the

world’s most forward thinkingprofessional accountancy body.

Applied Skills

Congratulations!

What otherquali�cationscan you gain?

Corporate andBusiness Law

(Optional BSc)

StrategicProfesstional (Optional MSc)

PerformanceManagement

TaxationFinancial Reporting

Advanced FinancialManagementAdvanced PerformanceManagement

Advanced TaxationAdvanced Auditand Assurance

Strategic Business Leader

An optional quali�cationin partnership with OxfordBrookes University

BSc(Hons) Degree inApplied Accounting

An optional quali�cation inpartnership with Universityof London

*See accaglobal.com for details

Note: This quali�cation structure isavailable from September 2018.For the current structure, please visitaccaglobal.com for further details.

MSc in ProfessionalAccountancy

Strategic Business Reporting

Audit and AssuranceFinancial Management

ACCA Diploma inAccounting and Business

or relevent accountingor �nance quali�cation*

Fully accredited degree*

ESSENTIALS

OPTIONS (PICK TWO)

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ENTRYREQUIREMENTS

1. Do you have Grade 12 or equivalent?You will need a minimum of level 3 in both English and MathematicsIf you did Maths Literacy, you would require a minimum of level 4Students who meet the minimum requirements detailed above willstart at the ACCA Knowledge Level. However, students who do notmeet the minimum requirements can do a ‘Foundation inAccountancy,’ a one-year quali�cation which is part of ACCA that willlead to students receiving credits towards the ACCA AdvancedDiploma or Skills Level.

2. Do you have a post Grade 12 quali�cation inaccounting, �nance or business related?If you have completed a diploma, degree or equivalent that hasfinance content, you could be exempt from some or even a maximumof nine exams from the ACCA Qualification leaving you theProfessional level exams to complete and time to focus on gainingyour practical experience.

How is it O�ered?Full-Time basis at our Braamfontein Main Campus Part-Time basis at our Braamfontein Main, Pretoria Campus andDurban CampusDistance Learning supported by Online recorded class videos

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The above full-time fees include:• Registration Fee, Tuition Fee, Exam Fee for one attempt per exam & Subscription Fee * Study Material is excluded

The above part-time fees include:• Tuition Fee, Mock Exams, Kaplan Study Material & Free Access to our Online Student Portal * ACCA Registration Fee, Exemption Fee & Exam Fees are excluded

Distance Learning Fees includes Study Material and Access to our Online Student Portal, loaded with pre-recordedlecture videos and notes.

2020 FeesFull-time

R38,200

R60,000

R50,900

Diploma in Accounting and Business (Knowledge Level + 1 Skills Module)

Advanced Diploma in Accounting and Business (Skills level + 5 Modules)

Strategic Professional Level

R6,500Strategic Business Leader (SBL)

Distance learning (per subject)

All ACCA Learning Subjects R5,000

Part-time Per subject

R17,820

R37,260

R20,790

Diploma in Accounting and Business (Knowledge Level)

Advanced Diploma in Accounting and Business (Skills Level)

Professional Level (Essential Level) excluding SBL

R6,600

R6,900

Strategic Business Leader (SBL) R12,000

R 7,700

All modules/level

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CIMA & ACCA quali�cations are registered with South African Quali�cation Authority (SAQA) and FASSET, the SectorEducation and Training Authority for Finance, Accounting, Management Consulting and other FinancialServices. IMAS FASSET ACCREDITATION NO: A585000052

Main Campus Physical Address:4th Floor, Forum II, Braam Park O�ce Park,33 Hoofd Street, Braamfontein,Johannesburg, South Africa

Durban Branch Physical Address:1st Floor, Unit 11, Meridian Park, 39 Meridian Drive, Umhlanga Rocks Durban North, South Africa

Postal Address:17 Thornhill Estate,Rhinoceros Rd,Weltevreden Park, 1709

[email protected] www.imas-sa.co.za+27 11 331 7343 +27 86 143 4333