Open
University accelerated route
Upon
successful completion of the Open University Certificate in
Accounting you will be awarded exemptions from all five of
CIMA's Certificate level subjects.
-
C1
Management Accounting Fundamentals
-
C2
Financial Accounting Fundamentals
-
C3 Business
Mathematics
-
C4
Economics for Business
-
C5 Business
Law
Please note
Exemptions are a concession and
are only awarded at the discretion of CIMA.
Registering
with CIMA and applying for exemptions
To be
considered for exemptions you will need to send certified
copies of your Open University certificates and transcripts
to CIMA -details of the subjects you studied and the marks you
achieved. To certify the copies of your certificates and
transcripts, you will need to get a responsible person – such
as your manager or a lecturer - to sign them as true copies of
the originals. All certified certificates and transcripts must
be in English. Please do not send original documents as CIMA
cannot guarantee that these will be returned to you.
Before
sending your certified copies of your certificates and
transcripts, please make sure that you have read CIMA's
guidelines (New
window; PDF 494KB) for
sending your educational documents.
Once CIMA has
received certified copies of your certificates and transcripts
will contact you with details of any exemptions awarded and
your exemption fees. You will also be able to view these when
you log into your
MY CIMA
[New window] student account.
This is the
time when you will need to consider seriously whether you wish
to accept your exemptions, and you will need to think about
your method of study.
You can find
full details about how to register from CIMA's
Become a student area.
[New window]
Accepting
your exemptions
To make an
informed decision about accepting your exemptions please make
sure that you do the following:
-
Check the
last two CIMA exam papers of the subject you've been exempt
from. You can access them from the exclusive password
protected student area of the website once you are
registered. Please make sure that you make this a priority.
-
Familiarise
yourself with the relevant areas of the CIMA syllabus and
the assessment approach.
You need to
be confident that you could have successfully attempted any
papers that you may be exempt from as the material will be
built upon in the later stages of the qualification. This is
crucial to your future success in the CIMA exams.
If you are
unsure whether to accept an exemption - perhaps because it is
some years since you covered key topics - CIMA strongly advise
you to waive the exemption and attempt the CIMA paper. You
will need to tell CIMA Contact in writing or by email within
eight weeks of receiving confirmation of your exemptions if
you wish to do this.
If you do not
accept an exemption and then fail the relevant CIMA exam, you
can't get back the original exemption.
CIMA
Certificate in Business Accounting and CIMA Advanced Diploma
in Management Accounting
You will be
awarded the CIMA Certificate in Business Accounting when you
have completed the five Certificate level papers. To get the
Certificate you must successfully sit and pass at least one of
the papers. If you are exempt from the Certificate level you
must waive an exemption and complete at least one Certificate
level exam in order to be eligible for this award. If you
choose to accept exemptions from all five Certificate level
papers you will not receive the CIMA Certificate in Business
Accounting. |
