CIMA Exam fees costs. Registration | Exemption | Exams

by Eduyush Team

Chartered Institute of Management, popularly known as CIMA, a UK-based professional body with a presence across 190 countries, offers a specialised qualification that combines financial business, accounting, and management accounting. 

CIMA qualification opens numerous career options across diverse industries such as banking, IT sectors, and even e-commerce. 

You can opt for Treasury Management, Corporate Finance, Business Analysis, Financial Reporting, Financial Analysis, Project Finance, and Risk Management.

CIMA qualified also get the CGMA (Chartered Global Management Accountant) designation, a position introduced after the collaboration of CIMA and AICPA, two of the world's most prestigious entities.

CIMA has signed MoUs with institutes across geographies to facilitate membership programmes for its students. These MoUs also help obtain an exemption from examination and, in a way, give you an exemption on its fees.

The CIMA Exam fees can be expensive, but the certification is well worth it. In this blog post, we will discuss what the CIMA Exam fees are and how to best prepare for them. We will also provide some tips on how to reduce your costs.  

CIMA's course fees structure

Registration fees

To start with CIMA, you must register and pay the registration fees of GBP 85 for the year 2022. This one-off fee also includes your first year's CIMA subscription, which is required by all students and qualified CIMA professionals.

 

Year 2022

Year 2023

Registration (one-off payment)

GBP 85

GBP 95

Re-registration

GBP 85

GBP 95

Registration for the management accountants’ gateway (not including assessment fee) 

GBP 85

GBP 95

Registration for the CIMA professional gateway assessment

GBP 425

GBP 425

Registration for the CIMA Master's gateway assessment

GBP 425

GBP 425

 

Subscription fees

After getting registered, you need to pay the subscription fees every year. The CIMA subscription fee is needed to maintain your CIMA membership and the subscription year is valid from 1 January until 31 December. The last date to pay the subscription fees is 31 March.

Students

GBP 130

Students who have passed Strategic Case Study exam 

GBP 300

New student (first years’ subscription fee)

GBP 95

 Exemption fees: There is no charge for exemption fees.

Examination fees

CIMA has segregated the examination fees based on the regions, primarily into three core zones, to provide access to the qualification and assessments worldwide.

3 Tiers are: 

TIER 1: WESTERN EUROPE, AUSTRALIA, SINGAPORE, USA AND CANADA

Exam Fees: The year 2023

CIMA Certificate in Business Accounting 

Objective tests (per exam)

GBP110

CIMA Professional Qualification

Operational level objective tests (per exam)

GBP130

Operational level case study exam (per exam)

GBP225

Management level objective tests (per exam)

GBP154

Management level case study exam (per exam)

GBP232

Strategic level objective tests (per exam)

GBP218

Strategic level case study exam

GBP330

  

TIER 2: REST OF THE WORLD (India, Indonesia, Iraq, Kuwait, Israel, Malaysia, Russia, Thailand, UAE, Afghanistan. Bangladesh, Bhutan, Brazil, Egypt, etc.)

CIMA Certificate in Business Accounting 

Objective tests (per exam)

GBP100

CIMA Professional Qualification

Operational level objective tests (per exam)

GBP118

Operational level case study exam (per exam)

GBP210

Management level objective tests (per exam)

GBP135

Management level case study exam (per exam)

GBP218

Strategic level objective tests (per exam)

GBP210

Strategic level case study exam

GBP310

 

TIER 3: SUB-SAHARAN AFRICA (Ghana, Kenya, Mali, Ethiopia, Botswana, Mauritius, Nigeria, Tanzania, Zambia, Zimbabwe, etc.)

CIMA Certificate in Business Accounting 

Objective tests (per exam)

GBP 80

 

CIMA Professional Qualification

Operational level objective tests (per exam)

GBP 92

Operational level case study exam (per exam)

GBP 170

Management level objective tests (per exam)

GBP 115

Management level case study exam (per exam)

GBP 178

Strategic level objective tests (per exam)

GBP 158

Strategic level case study exam

GBP 270

 

Total CIMA course fees

The total CIMA course fees depends on your geographical location. The cost to study the CIMA Certificate in Business Accounting or both combined is outlined below.

Certificate in Business Accounting: 1 year

This guide will help you determine the costs of studying for one year to get your CIMA Certificate in Business Accounting. 

We assume that:

  • No exemptions
  • You sit and pass each exam on the first attempt
  • You are in a tier 2 market 
  • You are studying online with CIMA study and have purchased an official CIMA Study Text for each subject

Cost break up:

One-off student registration (includes first year student subscription)

GBP 85

Annual student subscription over one year

GBP 0

4 x Cert BA exams

GBP 380

Sub Total

GBP 465

 

Cost of the Study Material:

4 x CIMAstudy Prime modules

GBP 1,000

4 x CIMA Study Texts

GBP 140

Sub Total

GBP 1,140

 Total costs over one year: GBP 1,605

 Note: All costs are indicative and are calculated based on 2022 pricing.

 

Professional Qualification: 3 years

Let's understand the cost of completing three years of Professional Qualification, considering the following factors: 

  • You have no exemptions
  • You sit and pass each exam on the first attempt
  • You are entering at Operational level of the CIMA Professional Qualification
  • You are in a tier 2 market
  • You are studying online with CIMA Study and have purchased an official CIMA Study Text

 

Cost break up:

One-off student registration (includes first year student subscription)

GBP 85

Annual student subscription over three years

GBP 246

9 x Objective Tests and 3 x Case Study exams

GBP 1,950

Sub-total

GBP 2,281

  

Study costs

9 x CIMA Study Prime modules

GBP 2,295

3 x CIMA Study Case Study modules

GBP 960

12 x CIMA Study Texts

GBP 444

Sub-total

GBP 3,699

Hence, the total cost of completing the Professional Qualification of 3 years would be GBP 5,980

How To Pay CIMA Exam Fees

You can pay online via MyCIMA using a VISA card, MasterCard, American Express, or PayPal.

CIMA also accepts cheques, money orders, and bank drafts (sterling). You may also use your debit or credit card. 

Conclusion: 

Factors like region, attempts, exemption, and study pattern may change the total cost of completing CIMA. CIMA qualification is a one-time investment that will reap benefits in the long run. This adds value to your profile and makes you eligible for a senior position with a better package.

The CIMA Exam fees can be expensive, but the certification is well worth it. In this blog post, we discussed the CIMA Exam fees and how to best prepare for them. We also provided some tips on how to reduce your costs.

If you want to reduce costs even further, consider taking CIMA coaching. Our team of experts can help you save money while still getting the high-quality education you need to pass your exams. Contact us today to learn more about our services.


3 comments


  • GANIYU ISIAKA

    I’m currently study Master in International Business in Accountancy at Teesside University and i will like to have CIMA certificate which will l need to start with.


  • Indika

    How to register CIMA.Can we register online?


  • Lynda

    how long can it take to study for the CIMA course and write the exams to get certified


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FAQs

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CIMA Exams

Objective tests: Available on demand held throughout the year

Case Study: Held four times a year

Read our blog for the CIMA Exam timetable

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