Johannesburg Polytechnic CIMA Advanced Diploma in Management Accounting

The CIMA Managerial Level is a crucial stage in attaining the CIMA professional qualification in management accounting. It is designed to provide comprehensive knowledge and skills in various aspects of management accounting. Here’s a detailed summary of the program:

Course Summary

Award: CIMA Advanced Diploma in Management Accounting

SAQA NQF Level: 6 (24406)

Entrance Requirements: CIMA Certificate in Business Accounting or relevant exemptions from the Certificate Level

Study Duration: Recommended 12-18 months per level; two subjects per semester advised

Exams: Held in May and November

Fees:

Classes: R4,900 per subject

Exam Fee: £70 per subject, Integrated Case Study: £70

Subjects Covered

1. P2 Performance Management
   • Focus: Cost planning, control and performance management, long-term decision making, management control and risk
   • Skills: Managing costs, business unit performance, and investment decisions
2. E2 Enterprise Management
   • Focus: Strategic management, global environment, human aspects, managing relationships and change through projects
   • Skills: Holistic organizational management, implementing strategy, managing people and projects
3. F2 Financial Management
   • Focus: Long-term finance sources, financial reporting, financial performance analysis
   • Skills: Sourcing finance, complex group accounting, financial statement analysis
4. Management Level Integrated Case Study
   • Application: Real-life work situation simulation using knowledge from P2, F2, and E2

Tuition and CIMA Fees

Tuition Fee per Subject: R 4900.00

Examination Fee per Subject: GBP 70.00

Managerial Integrated Case Study Fee: GBP 115.00

Sub Total: R 14700.00 and GBP 252.00

Registration Fee (Once Off): R 1000.00 and GBP 75.00

Student Card: R 200.00

Total: R 15,900.00 and GBP 325.00

Grand Total (Tuition + Examinations + CIMA Registrations): R22,400.00 (GBP 325.00 converted at 1 GBP = R 20.00 equals R 6500.00)

Kaplan Study Books: R 2,985.00 (for 3 books)

Kaplan Revision Kits: R 2,685.00 (for 3 kits)

Total for Full Course (Excluding CIMA Annual Subscription): R 28,070.00

CIMA Annual Subscription: GBP 106 x R20.00 (R 2,120.00)

Grand Total Including CIMA Annual Subscription: R 28,690.00

Conclusion

The CIMA Managerial Level is a comprehensive program for those aspiring to gain advanced knowledge and skills in management accounting. It prepares students for roles in various sectors, equipping them with the capability to make strategic decisions and manage financial resources effectively. For more information, prospective students should visit the CIMA website or contact the relevant educational institution offering the program.