What is P1 CIMA?
CIMA P1 has the lowest pass rate across all of the CIMA objective test (OT) exams, so be ready for a challenge.
How many papers are there in CIMA?
The syllabus is split into three pillars and three levels, and comprises 12 exams: nine Objective Tests, and three Case Study exams. Objective Tests are 90 minutes long, computer based and available on demand at over 5,000 Pearson VUE assessment centres worldwide.
What are the papers in CIMA?
Syllabus
- Certificate Level. BA1 – Fundamentals of Business Economics. BA 2 – Fundamentals of Management Accounting.
- Operational Level. E1:Organizational Management. P1: Management Accounting.
- Management Level. E2: Project and Relationship Management. P2 : Advanced Management Accounting.
- Strategic Level. E3 Strategic Management.
What is the hardest CIMA exam?
Advanced Management Accounting
P2 (Advanced Management Accounting) is recognised as one of the toughest CIMA exams of all (it had the 2nd lowest pass rate of all CIMA objective tests in 2018).
How long is P1 CIMA exam?
The CIMA objective tests are a tough nut to crack, especially with papers like P1 and F1 when you have to answer 60 questions in 90 minutes. So you need to make sure you have a time management strategy when sitting the exam.
Is CIMA harder than CFA?
This exam arrangement makes it difficult for CFA® students to clear the exam quickly (if they want to). So, doing CIMA is more convenient than doing CFA®, not in terms of value, but regarding the difficulty of obtaining the degree.
How much does a CIMA qualified accountant earn in UK?
CIMA-qualified finance professionals, irrespective of level of experience or role, earn on average £63,000, including an average bonus of £7,200. Salaries at senior levels range from around £46,000 to more than £129,000.
How hard is the Cima P1 exam?
The CIMA Student P1 Exam Advice The CIMA objective tests are a tough nut to crack, especially with papers like P1 and F1 when you have to answer 60 questions in 90 minutes. So you need to make sure you have a time management strategy when sitting the exam.
What do you think about the new P1 exam?
On the whole, the new P1 exam seems more straightforward, modern and aligned with later papers such as OCS and the P2 paper. Pass rates are yet to be announced under the 2019 syllabus but I have a feeling they will be better than the 2015 syllabus P1 results.
What is the P1 syllabus in Management Accountancy?
Budgeting, of course, is still big in this management accountancy P1 syllabus. We are still expected to perform budget calculations in regards to fixed, flex and cash budgets and to know the differences between a functional, master, and principal budget.
How can I revise my P1 paper online?
For students that are self studying or distance learning, the absence of class room based training can be a difficult hurdle to overcome but the online Astranti P1 revision master classes are a great way to bridge that gap. You get over 10 hours of videos that covers the whole syllabus and is a great way to revise the P1 paper.