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Business Accounting: CIMA Strategic Level

The CIMA Strategic Level course is the final course in the CIMA programme. You can then continue to become a registered Chartered Global Management Accountant.

Course Summary

Course Name:

Business Accounting: CIMA Strategic Level

Certification Type:

Course Level:

NQF7

Duration:

The Business Accounting: CIMA Strategic Level qualification is awarded once you have passed all of the previous CIMA examinations and have completed the necessary practical work experience. This will allow you to become a registered Associate Chartered Management Accountant or Chartered Global Management Accountant.


Course Information

Accredited by

The Chartered Institute of Management Accountants

Examinations

There are three examinations in total for this course. Each examination lasts 90 minutes.

You will also be expected to complete a strategic level Case Study along with a total of 36 months’ worth of practical work experience (note that you can complete practical work experience during your first CIMA courses as well).

Award Type

Professional Qualification: Chartered Management Accountant

Award Issued by

The Chartered Institute of Management Accountants (CIMA)

SAQA ID

20400

NQF Level

The National Qualifications Framework (NQF) level 07

Minimum Credits

930

Entrance Criteria

Business Accounting: CIMA Operational Level and Business Accounting: CIMA Managerial Level

Business Accounting: CIMA Strategic Level Course Subjects

Completion of all Business Accounting: CIMA Certificate Level (Cert BA) subjects:

Instructional offering:

  • BA1 Fundamentals of Business Economics
  • BA2 Fundamentals of Management Accounting
  • BA3 Fundamentals of Financial Accounting
  • BA4 Fundamentals of Ethics, Corporate Governance and Business Law


Completion of all Business Accounting: CIMA Operational Level Course Subjects:

Instructional Offering:

  • E1 Managing Finance in a Digital World
  • F1 Financial Reporting
  • P1 Management Accounting
  • OPS CS Operational Case Study
  • CPP Operational Gateway


Business Accounting: CIMA Strategic Level Course Subjects

Instructional Offering:

  • E3 Strategic Management
  • F3 Financial Strategy
  • P3 Risk Management
  • STRAT CS Strategic Case Study
  • SG Strategic Gateway

What Will I Learn?

Business Accounting: CIMA Strategic Level Course has the following subject details:


E3 Strategic Management

You will learn:

  • The foundation of strategic management
  • How to understand dynamics within the organisation’s system
  • How dynamics affect organisational strategies
  • How strategies are implemented
  • How to achieve implementation objectives


F3 Financial Strategy

You will learn:

  • Different strategic objections
  • Financial policies
  • How to identify and manage the different funds available to organisations
  • How to finance different strategies
  • How to identify and work through financial risks


P3 Risk Management

You will learn:

  • How to manage risks within a business
  • How to control risks internally
  • How to reduce risks
  • How to accurately evaluate business risks


STRAT CS Strategic Case Study

Each CIMA Case Study Examination integrates the knowledge, techniques, and skills from the specific course subjects into a single examination.

Candidates will be provided with a simulated context of a senior financial manager which will allow them to demonstrate that they have the correct mindset and skills for their role. These case studies mirror real business environments and relate to fictional organisations that are based on the real business industry.


SG Strategic Gateway

This part of the course is in connection with the STRAT CS Strategic Case Study and both course parts will be covered together.

Why Choose To Study With Bellview

If you choose to study a CIMA course with Bellview Institute of Distance Learning, you will receive many benefits and advantages. You can view these benefits and advantages here: https://bellview.edu.za/our-benefits/


Application Process

To start your CIMA study journey with Bellview, you can do so in one of the following ways:

Meet Your Tutors

Career Opportunities

Some of the career opportunities you will have with a Business Accounting: CIMA Strategic Level qualification include:

  • Accountant
  • Bookkeeper
  • Financial Manager
  • Debtors Clerk
  • Business Manager
  • Chief Financial Officer (CFO)


You can find more information on career paths to follow after completing your CIMA course:  

Frequently Asked Questions

CIMA and CGMA qualifications are both accounting qualifications, but they are not the same qualifications. The designation of Chartered Global Management Accountant (CGMA) will be awarded to students after successful completion of the entire CIMA Business Management programme.

Yes, a CGMA is an international recognition that affirms your position as a Chartered Management Accountant.

The Business Accounting: CIMA Strategic Level Course is equivalent to an NQF level 7 qualification.

Some in-demand jobs that you can get with a CIMA qualification include:

  • Internal Auditor
  • Financial Reporting Accountant
  • Financial Analyst
  • Corporate Finance Specialist
  • Financial Manager
  • Business Analyst
  • Management Accountant
  • Chief Financial Officer
  • Accounts Assistant

You will be awarded a Professional Qualification as a Chartered Management Accountant once you have completed the Business Accounting: CIMA Strategic Level course.

There is no limit on the number of attempts you have at completing your CIMA examinations. You can write your CIMA exams until you pass or get the desired result.

Author: Karla Nortier
Editor: Connor Bergsma
Date Published: February 21, 2022