CIMA CFO Program

The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants. Its unique blend of management accounting, financial accounting, and business-focused subjects produces highly capable and confident finance professionals who can lead their organizations to long-term success.

CGMA (Chartered Global Management Accountant) is the most widely held management accounting qualification in the world. It distinguishes more than 150,000 accounting and finance professionals who have advanced proficiency in finance, operations, strategy, and management.

The CIMA CFO Program consists of

• a virtual 1:1 consultation with the tutor before and after the program
• seven in-class days
• mock exam
• exam (computer-based, sat in one of the Pearson Vue exam centers around the world - remote testing is possible)
• CIMA membership application

In this fast-track program, candidates will only take the last exam of all exams of the CIMA qualification: the "Strategic Case Study Exam" of the CIMA qualification. The completion of this exam will then allow for

• application for CIMA membership and
• the "Chartered Global Management Accountant (CGMA)" qualification.

Ahead of sitting the exam, candidates will attend preparatory classes at WHU – Otto Beisheim School of Management, Campus Düsseldorf.

The participants will deepen their knowledge in three areas: Strategic Management, Risk Management, Financial Strategy with the following learning goals:

Strategic Management:

• Develop the skills and abilities needed by strategic leaders to direct and achieve the long-term success of their organizations
• Formulate and implement strategy
• Successfully lead and manage change

Risk Management:

• Identify, evaluate and respond to risks that could impact the Develop the competencies required to analyze and apply the techniques, processes, and internal control systems required to manage risk
• Manage risks associated with both cash flows and capital investment decisions

Financial Strategy:

• Formulate and implement a financial strategy to support the overall strategy of the Develop skills to evaluate and recommend alternative sources of finance
• Develop competencies required to value investment opportunities including divestments, mergers, and acquisitions

• CFOs, CEOs, and senior management who have previously worked in finance,
• Candidates who hold membership of a recognized professional accounting body, a finance-related degree, or an MBA/Masters in Accounting,
• With at least ten years experience in finance or business functions.

Conditions for acceptance on the CIMA CFO Program

Applicants must submit a detailed CV which includes:

• personal details
• academic qualifications
• detailed work experience

CIMA will review the CV and assess both eligibility for the program and confirmation of practical experience.

The CIMA exam must be attempted within twelve months of registration with CIMA.