Managerial Level
This is the second level of the Professional Qualification and consists of three computer based Objective Tests and one Case Study. The Management level translates the strategy decided at higher levels and communicates it to lower levels for implementation. It monitors and reports on the implementation and delivery of strategy, and ensures corrective action is taken when required. It has a medium-term focus. On completion, you receive the CIMA Advanced Diploma in Management Accounting (CIMA Adv. Dip MA).
Subjects
E2 Relationship Management
E2 emphasises a holistic, integrated approach to managing organisations, from external to internal perspectives. It builds on the understanding of organisational structuring gained from E1 and is centred on the concept of strategy and how organisational strategy can be implemented through
people, projects, processes and relationships. It provides the basis for developing further insights into how to formulate and implement organisational strategy, which is covered in E3.
| Weight | Syllabus topic |
| 30% | A. Introduction to strategic management and assessing the global environment |
| 20% | B. The human aspects of the organisation |
| 20% | C. Managing relationships |
| 30% | D. Managing change through projects |
P2 Advanced Management Accounting
P2 builds on the insights about costs and their drivers (BA2& P1) to provide the competencies needed to analyse, plan and manage costs to support the implementation of the organisation’s strategy. It shows how to manage and control the performance of various units of the organisation in line with both short-term budgets and long-term strategy.
|
Weight |
Syllabus topic |
|
25% |
A. Cost planning and analysis for competitive advantage |
|
30% |
B. Control and performance management of responsibility centres |
|
30% |
C. Long-term decision making |
|
15% |
D. Management control and risk |
F2 Advanced Management Accounting
F2 builds on the competencies gained from F1. It covers how to effectively source the long-term finance required to fund the operations of organisations, particularly their capital investments. It also deepens the coverage of financial reporting to more complex aspects of group accounting and analyses the rules governing the recognition and measurement of various elements of the financial statements. Finally, it shows how to analyse financial statements to provide insights about the financial performance and position of the organisation over time and in comparison, with others.
|
Weight |
Syllabus topic |
|
15% |
A. Sources of long-term finance |
|
60% |
B. Financial reporting |
|
25% |
C. Analysis of financial performance and position |
Exams for PE2, E2 and F2
Format: computer based Objective Test
Availability: on demand at any of the 5000 Pearson VUE centres
Length: 90 minutes
Results: Result available immediately. Objective Tests are made up of short multiple-choice questions, number entry questions, drag and drop questions and other formats.
Management Level Case Study
The focus of Management level is on the medium term and monitoring and implementation of strategy. In the Management/Gateway Case Study exam, your role will be that of a Finance Manager.
The Case Study exam is essentially a “real business set up business role play”. Therefore, students need to understand their role within the case study exam in order to produce a good answer, demonstrating knowledge and applying skills from across the syllabus.