CIMA celebrates impressive global growth in 2013

Friday, 24 January 2014 06:38 - - {{hitsCtrl.values.hits}}

Over 33,500 new students and 5,500 new members worldwide The Chartered Institute of Management Accountants (CIMA) yesterday announced strong growth figures for 2013 as the institute continues to expand its presence around the globe. Over 33,500 new students joined CIMA last year, taking the total member and student population to more than 218,000. CIMA, already the world’s largest professional body of management accountants, enjoyed substantial growth in both new and emerging markets. The UK, Malaysia, India, Russia and South Africa all saw record numbers of new students choosing to register with CIMA to work towards their Chartered Global Management Accountant (CGMA) designation and other qualifications. CIMA also added over 5,500 members globally, with membership in China increasing by 40%. Andrew Harding FCMA, CGMA, Managing Director, CIMA, said: “I am delighted that we have continued to see strong growth in key and developing markets. This is further evidence that young people and employers across the world see CGMA as a vital designation for a successful career in business and finance.” “We are committed to helping people and businesses to succeed in a tough climate. It was particularly pleasing to see an increase in students in a number of emerging markets which will become future economic powerhouses.” “Our highly successful joint venture with the American Institute of CPAs continues to gather pace as the CGMA designation is embraced by businesses across the world. The importance of the designation is emphasised by a population of over 130,000 CGMA professionals who are shaping the strategic direction of organisations ranging from start-ups to global giants.” The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants, with over 218,000 members and students operating in 177 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially-trained business leaders. Professionalism and ethics are at the core of CIMA’s activities with every member and student bound by robust standards so that integrity, expertise and vision are brought together. CIMA has formed a joint venture with the American Institute of CPAs (AICPA) to establish the Chartered Global Management Accountant (CGMA) designation. CGMA is the global quality standard that further elevates the profession of management accounting. The designation recognises the most talented and committed management accountants with the discipline and skill to drive strong business performance. CIMA is the first professional accounting body to offer a truly global product in the fast-moving area of Islamic Finance.

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