brochure - imas
TRANSCRIPT
Re-inventing finance for thedigital world
2021
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
ABOUT IMAS
Content02
WHAT IS CIMA
04
CIMA COURSES
09
CIMA ENTRY REQUIREMENTS
10
CIMA FEES
13
WHY ACCA
14
ACCA ENTRY ROUTE
16
ACCA FEES
19
LIVE VIRTUAL CLASSES
20
02
IMAS is a professional accountancy training institution, specialising
in Chartered Institute of Management Accountants (CIMA), Association
of Chartered Certified Accountants (ACCA) and the Institute of Certified
Bookkeepers (ICB) qualifications. It was established in 2013 to initially
broaden access to high-quality professional accountancy education to
aspiring Chartered Management Accountants. Subsequently accreditation
for both ACCA and ICB were added. IMAS is the brainchild of
Nkosinathi Christopher Thela.
The National Skills Fund identified accountants and finance managers
among the skills that are in shortage in South Africa. IMAS decided to
add the highly regarded ACCA qualification to its offering to assist in
closing the gap identified by the National Skills Fund. IMAS intends
to play a meaningful role in supporting the country to realize its
aspiration 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 of
lecturing and student support with the focus on guiding students to
realizing their dreams of becoming professional accountants. The
qualifications offered at IMAS are globally recognized, enabling IMAS
graduates to succeed wherever they go. IMAS develops strategic
thinkers with the capability of being business leaders, whilst offering
current business leaders the opportunity to gain greater knowledge
of business practices. IMAS qualifications are suited for the Forth
Industrial Revolution, ensuring our students are not left behind.
Studying with IMAS offers both individual, community and corporate
positive impacts.
IMAS is accredited by both Quality Council For Trades & Occupations
(QCTO) and the Finance and Accounting Services SETA (FASSET), a
SETA responsible for the accounting and finance sector in South Africa
(QCTO) Accreditation Number: 20-CIMA/ACC/1220110 and FASSET
Accreditation Number: A585000052).
AboutIMAS
Our Vision IMAS aspires to be a leading professional accountancy training
institution in South Africa by 2022.
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 o�er training
opportunities to our students.
• Expand our footprint across the country by opening new IMAS
locations.
Our Lecturers• We have a team of over 28 qualified lecturers and tutors.
• Who are either members of CIMA, ACCA or SAICA
Our Delivery Method• We offer full-time and part-time contact classes;
live virtual classes; distance learning supported by online
student portal and our mobile app.
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Durban (no evening classes)
Distance learning and live virtual classesavailable anywhere in Africa.
Full-time Part-time Midweek Weekends
Johannesburg
Sandton
Pretoria
Cape Town
Campus
04
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
What isCIMA
CIMA is the world’s largest leading professional body of
management accountants, offering the most beneficial
accounting qualification for a career in business. CIMA has
members and students in 178 countries, making its
qualification the preferred choice for employers and ensuring
you’re amongst the most able, sought after and valued
employees in the world.
05
AICPA andCIMA launch the
Chartered GlobalManagement
Accountant(CGMA)
designation
2012 IMAS ISESTABLISHED
2013CIMA moves to
computer-basedassessments
2015AICPA and CIMA
form the Association
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
The
di�erenceCIMA
Our Vision CIMA joint venture with the AICP brought us the CGMA designation - Chartered
Global Management Accountant. The CGMA mission is to promote management
accounting and the value that management accountants add to an organisation.
The CGMA designation signifies that you are a trusted business strategist who can
apply non-financial qualitative information along with financial analysis to
understand all aspects of the business. The designation continually sharpens
business acumen by providing the tools, reports and research holders need to help
drive sustainable business success.
Our Relationship with the Business CommunityWe revise our syllabus regularly based on business trends and the employment
needs of businesses globally. How do we do that? We run extensive, interlocking
research 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 SyllabusWith the information we have from employers globally, we developed a framework
which shows the skills and competencies that finance professionals need to boost
employability. The framework provides the foundation for our 2019 syllabus and
assessment methods as well as our continous professional development strategy.
This ensures CGMA designation holders are competent and confident managment
accounting 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 also
their ability to apply this knowledge in the business environment.
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Benefitsin choosing
CIMA1. Employers Globally Choose CGMA
to 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 theirsta� 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 between
open your eyes to the huge number of opportunities that are open to
Many job opportunities can be found on CIMA MY JOBS.
sought 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 Opportunities
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 2017
CIMACOURSES
09
The CIMA qualification gives you the skills, expertise and authority to call the shots and makedecisions that will lead to ongoing success.
10
ENTRYREQUIREMENTS
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%
you might be eligible for exemptions from subjects at thislevel.
Business Accounting
• Diploma in Cost and Management Accounting • BCom/BCom Honours in Accounting, Management
• Master’s in Accounting or MBA
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CIMAGATEWAYROUTE
The Professional gateway and Master’s gateway routes are an
the 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
In preparation for the Gateway Exam, IMAS o�ers 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 2021 timetables for dates and venue available on ourwebsite.
Once you have passed the CIMA Gateway Exam, you will be granted
operational and management level exams, allowing you to progress
How much does it costYour fees are divided into two:
1. CIMA fees = R9,775 which covers: • Registration with CIMA• First year’s subscription fee• One attempt at the exam
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
• Once your documents have been reviewed and approved you
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 pathway
with the application.
All 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 ID document - Letter of good standing from SAICA
Fees: The cost of the programme is R69,000 for 2021 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
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
2021 FeesFull-time
R 40,000
R 43,500
R 45,000
R 47,500
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
Part-time Per subjectAll modules/level
R 25,200
R 20,790
R 20,790
R 20,790
CIMA Diploma in Management Accounting
CIMA Advanced Diploma in Management Accounting
CIMA Strategic Level
R 7,700
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 most
the 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 future
recognised and recommended around the world.
Based on international accounting standards and independently benchmarked for
excellence. This has been proved to greatly increase the opportunities for careerprogression and reward.
a massive open online course (MOOC). We o�er extensive support online and through
contact centre operating 24 hours a day, 365 days a year.
valuable 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
3. Flexibility
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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entry 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,
at accaglobal.com
AppliedKnowledge
Accountant in BusinessManagement AccountingFinancial Accounting
Don’t have university-entrance
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
You’re a new member of theworld’s most forward thinkingprofessional accountancy body.
Applied Skills
Congratulations!
What other
can you gain?
Corporate andBusiness Law
(Optional BSc)
StrategicProfesstional (Optional MSc)
PerformanceManagement
TaxationFinancial Reporting
Advanced FinancialManagementAdvanced PerformanceManagement
Advanced TaxationAdvanced Auditand Assurance
Strategic Business Leader
in partnership with OxfordBrookes University
BSc(Hons) Degree inApplied Accounting
partnership with Universityof London
*See accaglobal.com for details
available 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 accountingFully accredited degree*
ESSENTIALS
OPTIONS (PICK TWO)
QualifiedProfessionalAccountant
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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 in
lead to students receiving credits towards the ACCA AdvancedDiploma or Skills Level.
If you have completed a diploma, degree or equivalent that has
Professional level exams to complete and time to focus on gainingyour practical experience.
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.
2021 FeesFull-time
R42,000
R66,000
R55,990
Diploma in Accounting and Business (Knowledge Level + 1 Skills Module)
Advanced Diploma in Accounting and Business (Skills level + 5 Modules)
Strategic Professional Level
R7,000Strategic Business Leader (SBL)
Distance learning (per subject)
All ACCA Learning Subjects R5,250
Part-time Per subject
R19,600
R40,990
R22,870
Diploma in Accounting and Business (Knowledge Level)
Advanced Diploma in Accounting and Business (Skills Level)
Professional Level (Essential Level) excluding SBL
R7,260
R7,260
Strategic Business Leader (SBL) R13,200
R 8,470
All modules/level
Future Proof your studies from the Covid-19 PandemicIn response to the uncertainties created by the Covid-19 pandemic, we launched our Live Virtual Classes in March 2020 forour CIMA and ACCA Professional Qualifications.
These classes are facilitated by a team of highly experienced lecturers with an impeccable record of delivering consistent
results on our CIMA and ACCA Professional Qualifications. You can refer to our website for the lists of timetables for our
2021 under each campus.
These online virtual classes are offered at 32% discount of part time-fees to compensate for internet access that studentsmay need. Included in the fee of R5,250 are:
– Access to live online virtual classes
– Study Material (Kaplan Study Text and Exam Practice Kit)
– 1 Progress Test
– 2 Days of Revision
– 1 Mock Exams and Feedback Session
The live Virtual Classes are highly interactive between students and facilitators. Students who opt for the Live Virtual Classes
will still be given access to the pre-recorded lecture videos and notes on our student portal.
LIVEVIRTUALCLASSES
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Sector Education and Training Authority for Finance, Accounting, Management Consulting and other FinancialACCA, CIMA & ICB qauli�cations are registered with South African Quali�cation Authority (SAQA) and FASSET, the
Services. IMAS FASSET ACCREDITATION NO: A585000052
Main Campus Physical Address:
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