cima strategic case study exam fee

CIMA exam fees 2024: a comprehensive guide

This article has details on CIMA exam fees for current or future professionals who want to study CIMA. This includes costs around CIMA membership and subscription fees that are required as part of your studies.

The CIMA exam fees guide is updated regularly.

CIMA Registration fee

To get started with the CIMA qualification, you’ll need to pay the registration fee of £95.

If at any point you need to re-register, for instance if you take an extended break from your studies, the fee is also £95.

The registration fee includes your first year’s CIMA subscription. This is required by all students and qualified CIMA professionals to maintain their CIMA membership status. The subscription runs for a single calendar year – 1 st January to 31 st December.

Alternatively, if you qualify for the accelerated CIMA route via the professional or master’s gateway, the registration fee for both of these options is £425.

What is the CIMA subscription fee?

The annual CIMA subscription fee guarantees your status as a CIMA member.

Fees for the CIMA subscription vary based on your circumstances:

• £130 for those currently studying CIMA
• £300 for those who passed the Strategic Case Study exam (the final exam)
• FREE for new students (first year’s subscription)

CIMA subscription fees are due by 31 March each year to avoid lapsed membership.

What do the CIMA exams cost?

The standard CIMA route to qualification costs £2,293 to sit all the exams. 

This does not include the cost of any resits, which will be the full amount for each exam you need to take again.

Adding the cost of the registration fee and annual subscription over four years , the total cost of the Professional Qualification comes to £2,827.

The fees are broken down as follows:

• You are in a Tier 1 country (Western Europe, Australia, Singapore, USA and Canada)
• £95 for a CIMA student registration
• £390 for annual CIMA student fees over three years
• £2,437 for nine Objective Test and three Case Study exams

If you need to complete the CIMA Certificate in Business Accounting before starting the Professional Qualification, you will pay £468 for four Objective Test exams.

Additional costs

There are additional costs that you will need to bear in mind when completing the CIMA qualification.

In order to put yourself in the best position to succeed in the exams, you will need to factor in training costs and extra purchases such as study texts.

Your overall fees will change depending on whether:

• You qualify for an exemption
• You need to resit
• You are in a Tier 2 or Tier 3 market

What are the CIMA study programme costs?

Many people studying the CIMA qualification will have their training paid for by their employer. If you are self-funding CIMA, you have various training options that will affect your study costs.

For example, you could choose to study using all pre-recorded learning materials or through online live evening classes. You may also choose to purchase additional resources such as a mock exam.

There are currently three models for CIMA training:

• Buy paper: Buy your CIMA paper individually and choose from different study modes
• Subscription: Our monthly subscription is a cost-effective way to study for a CIMA qualification
• Apprenticeship: Complete CIMA via an employer-funded apprenticeship route

View study costs by CIMA level and paper.

CIMA exam fees breakdown

View CIMA exam fees by level:

Each level contains multiple Objective Tests.

Read the guide to the CIMA exams.

CIMA exemptions

Exemptions to CIMA papers may be available if you have qualifications or experience relevant to accounting, finance, and business.

If you have a degree related to these subjects, it is likely you will be able to bypass the first level of the CIMA qualification, the Certificate in Business Accounting.

Unlike other accountancy bodies, CIMA does not charge a fee for exemptions.

If you think you may be eligible to an exemption, see CIMA’s exemption policy.

Read the essential guide to CIMA exemptions.

Need help getting started with CIMA? Get in touch with BPP.

BPP is a holder of the CIMA Excellence Award, awarded to select providers with exceptional pass rates. Training with a high-quality institution will help you avoid having to pay costly resits, while feeling confident about becoming a CIMA-qualified accountant at your own pace.

Discover the CIMA levels

Introductory Certificate

First full part of qualification Operational

Build on existing knowledge Management

Become Chartered Strategic

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CIMA Exam Fees: Complete Cost Breakdown (2 Scenarios)

Since the CIMA qualification process is long and involves a lot of steps, the CIMA exam fees and cost structure is complicated. I attempt to present a simplified picture based on the profile of typical candidates. Remember that if you are outside of the UK, you’ll need to convert the CIMA cost in GB pounds to your local currency.

CIMA Exam Fees for Aspiring CIMAs with Accounting Background

These are candidates who can skip the Cert BA exams and directly join the Professional Qualification program. Here is the most recent estimated CIMA fees breakdown:

Core Exam and CIMA Registration Fee (mandatory)

• Student registration fee (one-off): £85
• Annual student CIMA subscription fee for three years (one free year included in registration, plus two additional years): £246
• The 12 exams (nine objective tests and three case study exams): £1,950
• Subtotal: £2,281

CIMA Study Materials (not mandatory but pretty much required to pass)

• CIMAstudy Objective Module x 9: £1,312.50 total
• Case Study Module x 3: £812.50 total
• CIMAstudy texts x 12: £444 total
• Subtotal: £2,569

Possible Additional Expenses

• Re-registration: £85
• CIMA exemption fees: no charge
• Retaking of exams: same as first-timers
• Student subscription fee (in case you need more than three years to complete): £123 per year

Total CIMA exam fees in optimistic case (basic study modules, no retakes, etc.): £4,850

CIMA Exam Fees for Aspiring CIMAs (No Accounting Background)

These are candidates who need to go through the Cert BA program. The estimated Cert BA cost (from registering for the course to passing the exams) is £1,070. This does not include possible extra fees such as retakes and re-registration.

If the candidates continues on to receive full CIMA membership, the total cost would be £1,070 + £4,850 = £5,920.

Other Variations

There are also other factors that may lead to the actual CIMA certification cost being different from the estimation here.

1. Location

The CIMA fee structure is generally divided into three tiers geographically. The difference, while small, is an attempt to account for the cost of living in various regions. For example, if you are from a “Tier 1” country (Western Europe, Turkey, Australia, Singapore, USA, and Canada), the exam fees are slightly higher.

The example above assumes candidates are from Tier 2 countries. For Tier 3 countries (Sub-Saharan Africa), the cost is the lowest. Here is a complete listing of the 2023 CIMA exams fees by location.

2. Number of Years in the CIMA Exam Program

Since you need to maintain your status as a CIMA member during the examination, there is an annual cost that you must pay. In fact, after you pass the Strategic Level and would like to retain your membership, the CIMA member fees are even higher.

3. Inflation

The current estimation is based on 2023’s CIMA fee schedule. However, CIMA exam fees are adjusted every few years. Therefore, you can expect the fees to go up year after year.

4. CIMA Prep Course

The official CIMA study modules aren’t your only option for getting ready to take the CIMA tests. Your CIMA course fees will vary by test prep company, all the way from free materials to comprehensive courses in the thousands of pounds. You can exercise control over the overall cost of CIMA exams based on the review course you choose.

The Best Prep Courses for the CIMA Qualification Exam

Here are our recommendations for the best companies for CIMA past papers and other CIMA materials.

Astranti Financial Training

Astranti Financial Training is one of the top names in CIMA prep. It offers printable study texts, hundreds of practice questions, video and audio content, and multiple mock exams for each level of the test. With the complete course packages, you’ll also receive tutor support via email and even two full-day virtual classes for each of the case study exams. Every course comes with a 14-day money-back guarantee, plus a pass guarantee that will provide you access to the course until you pass.

Moreover, Astranti is so confident in its products that it offers the entire Certificate course, BA1-BA4, for free. After that, objective courses cost £449-£549 each, and case study courses cost £699-£899. Alternatively, you can purchase complete course packages for each full level (Operational, Management, and Strategic) for £1,500-£2,000. Obviously, this is a high-priced option. However, Astranti CIMA reviews praise the course’s high level of difficulty, which prepares candidates will for the actual exams. Additionally, you can often find Astranti discount codes to help offset the price.

Practice Tests Academy

Practice Tests Academy’s CIMA courses are based on the same Kaplan books that CIMAstudy uses, but at a reduced price. Each objective course costs £129, though you can get all three in a level for £295. With each of these courses, you’ll receive more than 600 practice questions, three mock exams, and a number of short video lectures. Each case study course costs £295 and comes with many videos, 15 single practice tasks, two live webinars, and seven mock exams, five of which will get marked up. Overall, you’ll pay £594 for each full level.

Viva Financial Tuition

In 2020, Viva Financial Tuition won a Global Pass Rate Excellence Award based on how well its students did on the CIMA exam. With more than 800 practice questions for every exam, it’s no wonder that Viva candidates are well-prepared. Although you can buy individual courses for £40-80 for objective tests and £60-279 for case study exams, the company prefers you to buy an all-access subscription to the complete materials for £299 a year. Viva Financial Tuition reviews mention the extensive video content, which comes in at over 1,000 total hours.

Fortunately, all three of these companies offer extensive free trials and sell most study materials a la carte. Thus, you can mix and match to find what you need.

Ongoing Fees

Please remember that, after getting the CIMA membership and becoming an ACMA/CGMA, you still need to pay CIMA annual fees to keep your membership active. The CIMA membership fee for students who have passed the Strategic Case Study exam is £280 every year.

Saving on CIMA Exam Fees

If you want to keep your overall CIMA qualification cost as low as possible, there are a few steps you can take. Obviously, if you pass each exam the first time you take it, you won’t need to pay extra registration or subscription fees. Thus, it pays to be fully prepared for all the CIMA papers.

You can also save on the overall CIMA designation cost by choosing your test prep materials carefully. Although using only the freely available materials from each prep company is probably not enough, you might consider purchasing study guides or practice questions a la carte instead of buying a whole course. However, if you get started and find that you do need extensive review materials, you can then save money with most companies by purchasing course packages.

My Thoughts

If you do not have a bachelor’s degree, and you are aiming to get the CIMA membership as an equivalent to a master’s degree in accounting, the investment of almost £6,000 is probably worth it. Please note, however, that the CIMA professional qualification is NOT likely considered an equivalent to a master’s degree outside of the UK.

Depending on your location and career goals, you have to determine whether your employer is willing to share some of the CIMA exam cost, or whether you are willing to pay this amount for a brighter career and future.

Compared to the CIMA accounting exam, the US CMA exam is a lot more affordable, averaging around US $2,000 to $2,500 (approximately £1,500-2,000).

What are the Alternatives?

In the UK and Europe, it does not make much sense (for now at least) to go for the US CMA qualification, because CIMA is much more popular and recognized. However, in emerging markets such as the Middle East and to some extent India, the recognition is similar and you may want to consider the CMA if budget is a concern. Take a look at our review of the best CMA courses to learn more.

About the Author Stephanie Ng

I am the author of How to Pass The CPA Exam (published by Wiley) and the publisher of this and several accounting professional exam prep sites.

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CIMA Qualification Cost - Full Breakdown in 2023

With this comprehensive guide, you can plan your finances accordingly and pursue your dream of becoming a Chartered Management Accountant.

Are you wondering how much it would cost to earn the globally recognized qualification CIMA this year? This blog post has you covered. We have meticulously calculated all the costs of obtaining the CIMA qualification .

With this comprehensive guide, you can plan your finances accordingly and pursue your dream of becoming a Chartered Management Accountant. So, whether you are just starting your research or ready to dive in, keep reading for a complete rundown of the qualification cost in 2023. [1]

CIMA Registration Fees

Candidates must pay CIMA membership and registration fees to join the organization and obtain a qualification. The registration fee is a one-time payment that covers the cost of processing your application and creating your CIMA account.

• One-time CIMA registration fee for new members - £95
• Re-registration Fee - £95
• Management Accountant Gateway registration – £95
• CIMA Professional Gateway assessment registration – £425
• CIMA Masters’ Gateway assessment registration – £425

Keep in mind that registration and subscription fees are for a 12-month period beginning on January 1 and ending on December 31, which covers a single calendar year, and they are subject to change.

CIMA Subscription Fees

CIMA subscription fees refer to the annual fee that members of the Chartered Institute of Management Accountants must pay to maintain their membership status and access the organization's resources and services.

• Students - £130
• Students who passed Strategic Case Study exam - £300
• New student - (first year's subscription fees are free)

It's important to note that subscription fees are subject to change and must be paid before March 31 to keep your membership active. These fees provide access to benefits such as exclusive events, networking opportunities, and CIMA's online learning resources.

CIMA Exemption Fees

Fortunately, there are no fees for exemption applications across all levels of the CIMA qualification, ranging from the Certificate in Business Accounting to the Strategic level. Suppose you have already attained the necessary knowledge and skills through prior studies or work experience. In that case, you can request an exemption and proceed to the next level without incurring additional charges.

CIMA Exam Fees

Taking the CIMA exams requires candidates to pay a fee that covers the cost of the exam and associated administrative expenses. By understanding these costs associated with taking CIMA exams, candidates can better prepare for the expenses involved and ensure that they are financially ready to pursue their CIMA qualification.

CIMA Certificate in Business Accounting 

This entry-level qualification provides a solid foundation in business and accounting. It is designed for individuals with little or no accounting background, regardless of their education or work experience.

The certificate consists of four subjects:

• Fundamentals of Business Economics
• Fundamentals of Management Accounting
• Fundamentals of Financial Accounting
• Fundamentals of Ethics, Corporate Governance, and Business Law.
• Objective tests - £110 (per exam)

CIMA Professional Qualification 

This globally recognized certification can help you stand out in the job market. This qualification is designed to produce competent and confident management accounting professionals who can guide and lead their organizations toward sustainable success.

The CIMA Professional Qualification has three levels: Certificate, Operational, Management, and Strategic.

Operational Level

This level focuses on short-term decision-making and equips you with the skills to work with others in your organization, use appropriate data and technology, and make informed decisions. The Operational Level consists of three Objective Test exams (E1: Managing Finance in a Digital World, P1: Management Accounting, F1: Financial Reporting) and a Case Study exam.

• Objective tests (per exam) - £130
• Case study exam (per exam) - £225

Management Level

This level emphasizes making long-term decisions and gives you the knowledge and abilities to successfully manage people, projects, and relationships. Three Objective Test exams (E2: Managing Performance, P2: Advanced Management Accounting, and F2: Advanced Financial Reporting) and a Case Study exam make up the Management Level. You can advance to the Strategic Level after finishing this level.

• Objective tests (per exam) - £154
• Case study exam (per exam) - £232

Strategic Level

This is the final level of the CIMA Professional Qualification. This level focuses on developing strategic thinking and decision-making skills that are essential for senior management roles. The Strategic Level consists of three Objective Test exams (E3: Strategic Management, P3: Risk Management, and F3: Financial Strategy) and a Strategic Level Case Study exam.

• Objective tests (per exam) - £218
• Case study exam - £330

CIMA Study Options Costs

CIMA offers various study options for individuals who want to become qualified management accountants. These study options are designed to meet the diverse needs of students and professionals and include the following:

CIMA Tuition provider

If you're looking for a comprehensive and effective way to prepare for your CIMA exams, VIVA Financial Tuition is the solution you need. With over 120 hours of on-demand video lectures, 58 mock exams across Objective Tests and Case Studies, and several hours of live Case Study webinars per window, VIVA offers a range of resources to help you succeed.

• Pricing per VIVA Objective Test complete course - £149
• Pricing Per VIVA Case Study complete course - £199
• VIVA All Access Annual Pass - £399

The CIMA All Access Pass is a convenient option for students who plan to take two or more CIMA exams within the next year. By paying a single low yearly fee, students can gain access to all of VIVA's CIMA study resources, including all three CIMA levels and 12 CIMA courses (Objective Tests and Case Studies). This pass provides 12 months of unlimited access to a comprehensive range of study materials, making it an ideal choice for those seeking flexibility and affordability in their exam preparation.

Sample Costing For CIMA

The cost of studying for both the CIMA Certificate in Business Accounting and the CIMA Professional Qualification can vary depending on a few factors, such as study materials, exam fees, and membership fees. Here's a rough guide of the estimated cost for both qualifications.

CIMA Certificate in Business Accounting

Here is an overview of the rough costs of pursuing the CIMA Certificate in Business Accounting for over a year.

Registration and Subscription Costs

One-off  registration fee - £95

Annual student subscription over one year - £0

4 x Cert BA exams - £400

Total = £495

Study Costs

4 x CIMAstudy Prime modules - £1,000

4 x CIMA Study Texts - £140

Total = £1,140

CIMA Professional Qualification

Now here's a breakdown of the rough costs for studying the CIMA Certificate in Business Accounting and Professional Qualification over three years.

One-off student registration - £95

Annual student subscription over three years - £260

9x Objective Tests and 3x Case Study exams - £2,127

Total = £2,482

Pursuing a CIMA qualification can be a valuable investment for individuals seeking to enhance their financial expertise and career prospects in accounting and finance. However, it's essential to fully understand the costs of obtaining the qualification.

If you require any more information or would like further advice on achieving a CIMA qualification in 2023, please don't hesitate to contact us here at VIVA! We're here to provide you with all the help and support needed along your journey toward becoming a qualified Chartered Management Accountant.

Register now for VIVA All Access.

Article Resources:

1 - https://www.cimaglobal.com

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2023 cima fees guide.

November 17, 2022

CIMA fees are increasing in 2023. If you would like to study towards a CIMA qualification, or if you are an existing student looking to continue your studies, understanding the costs involved will help you better plan for the year ahead.

To get you off to a good start, we’ve outlined the various 2023 CIMA fees below. 

Registration Fees

New student enrolments: these students pay a one-off registration fee, which includes the subscription fee for your first year. CIMA subscriptions are valid from 1 January until 31 December 2023.

Subscription Fees

Current students   - ensure that your subscription is renewed by 31 March each year to prevent it from expiring.

Exemption Fees

CIMA does not charge exemption fees. Read about the   pros and cons of CIMA exemptions here . 

2023 CIMA exam fees for students in Sub-Saharan Africa are;

Objective Tests

Case study exams.

We're here if you need any assistance with exemptions, paying CIMA fees, or understanding any other costs involved. Please feel free to reach out to us on 0861 111 411, or email us at   [email protected] .

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CIMA Strategic Case Study

Pre-seen analysis pack

The pre-seen is at the core of every case study. To pass you MUST fully understand the company and its industry .

Why? Because the examiner expects you to apply EVERYTHING to the pre-seen scenario. It’s not about knowing the theory anymore (you’ve proved you can do that in the OT exams) it’s about showing how that theory relates to the pre-seen company.

And yet…

Almost every post-exam report the examiner notes that people are doing poorly because they are not applying answers to the pre-seen.

So how can we help? Our case study experts are here to support you with a range of pre-seen materials designed to make this part of your revision as easy as possible!

The pre-seen materials:

• Let you see the pre-seen through the eyes of our SCS expert , picking out all of the key information
• Apply key theory and models to the pre-seen
• Investigate the top 10 most likely issues to appear in your exam
• Give a detailed analysis of the pre-seen industry , helping you to build more rounded answers in your exam
• Test how well you have understood the pre-seen with a set of knowledge-based questions

“Having been granted exemptions up to CIMA SCS I needed to catch up with the full CIMA syllabus really quickly, I found the Astranti 10 most likely questions and the general hints and tips really useful. I focussed on these 10 topics which stopped me from becoming overwhelmed with all of the potential content. I passed SCS first time and would recommend the Astranti materials to anyone.”

CIMA Qualified , January 2022

Gain the skills and mindset to succeed in today's business world

The CGMA® Finance Leadership Program is your digital-first, self-directed and forward-thinking passport to transformation. Watch our exclusive webinar to learn more.

CGMA Finance Leadership Programme structure

Ten subjects organised into three pillars  at the professional level and four levels (one foundational and three professional)

Assessments

Your knowledge is assessed at the end of each topic within the digital platform throughout your learning journey

Case Studies

Each of the three professional levels has a three-hour Case Study exam that you can take during four windows per year. There is no Case Study at the Foundational level.

Completion time

Depending on which level you start at, one to four years

The four pillars:

The Foundational Level is designed as a preparatory stage to equip students with the key necessary learning to progress successfully to Operational Level of the CGMA® qualification.

On successful completion of all the modules of the Foundational Level below, you will earn the Skills Certificate in Business & Finance Essentials.

• Introduction to Business and Finance
• Introduction to Financial Accounting
• Introduction to Management Accounting

You’ll learn:

• How a business functions and the wider business environment.
• How to describe the financial accounting process and how financial statements are prepared.
• How to explain the role of management accounting and how it supports relevant decision-making.

The Operational Level focuses on short-term decision-making. You’ll be able to work with others in your organisation and use appropriate data and technology to translate medium-term decisions into short-term actionable plans.

On successful completion of all the modules of the Operational Level below, you will earn the CIMA® Diploma in Management Accounting.

• Finance Function Transformation
• Finance Business Partnering
• Data Analytics
• How the finance function is transforming in the digital age.
• How the finance function works cross-functionally to achieve strategic objectives.
• How to recognise the importance of a digital mindset and ways to leverage technology.
• How businesses are organised, how they function and how finance business partnering supports performance.
• How the finance function uses data.

The Management Level focuses on translating long-term decisions into medium-term plans. You’ll be able to use data and relevant technology to manage organisational and individual performance, allocate resources to implement decisions; monitor and report the implementation of decisions; and prepare and interpret financial statements to highlight business performance.

On successful completion of all the modules of the Management Level below, you will earn the CIMA® Advanced Diploma in Management Accounting.

This subject focuses on the following competency areas:

• Project Management
• Business Models
• How to apply project management tools and skills.
• How to manage change and resistance to change.
• Explain and analyse operating environments.
• How to identify and apply a business model framework.
• How to develop and manage teams and their culture.

The Strategic Level focuses on long-term strategic decision-making. Candidates can support organisational leaders to craft strategy; evaluate and manage risks that might prevent organisations from successfully implementing strategy; value organisations; and source financial resources required to implement strategy.

• Competitive Advantage
• Digital Strategy
• Strategy Formulation
• Strategy Implementation
• How to advise on the formulation of vision, mission and objectives.
• How to choose and apply tools to collect and interpret data for different scenarios.
• How to devise, implement and measure digital transformation strategies.
• How to develop and manage strategic options.
• How to communicate, enable, support and manage the implementation of strategy.

Assessment of practical experience requirements (PER)

Once you complete the Strategic Level, your last step before earning the CGMA® designation and becoming a CIMA member is to demonstrate that you have a minimum of three years of relevant work experience (this can be accumulated before, during and after your studies). Your experience is assessed through the  practical experience requirements (PER) application.

Award: 

The Chartered Global Management Accountant (CGMA) designation and membership of The Chartered Institute of Management Accountants (ACMA or FCMA).

Flexible Learning Packages to Suit all Goals and Schedules

How much does the cgma finance leadership programme cost.

The only cost for the CGMA FLP is your subscription fee, which includes your CIMA registration, learning, exam preparation courses, assessments and Case Study exams. Price quoted does not include any local or country VAT / Taxes which will be calculated at checkout

Why choose CGMA FLP?

✔ Ideal if you prefer continuous assessment over sitting exams

✔ Fully remote learning experience: go at your pace

✔ All-inclusive: all the resources, tutorials, exams and assessments you need to get your Professional Qualification 

✔ Easy-to-manage subscription model: choose one, two or three years to study the Skills Plus or Skills Premium options.

Which route would you like to hear more about?

The information that you provide will be used and stored in accordance with our Privacy Policy . Your information will be used to contact you regarding relevant information only.

Which learning and assessment route should I take?

Shape your studies how you want, using a tuition provider or opting to self-study, or enrol on the CGMA Finance Leadership Programme for a fully guided study experience.

Am I eligible for exemptions? 

If you have a degree or a qualification, you might be exempt from certain Certificate in Business Accounting or CGMA Professional Qualification exams. That means you could qualify sooner than you think.

Register for the CGMA Finance Leadership Programme

Before you choose your registration route, make sure you have the following to hand:

• Your contact details, including address, phone and email.
• Your current employment details (if you are working).
• Details of your tuition provider (if you are studying).

Exam timetable

View key dates to help you plan your studies. Plan your CIMA’s CGMA® exams. On-demand tests are available all year. There are four windows a year when you can sit the Case Study Exams (February, May, August, and November).

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Exam Resource

Study guide case study examination - strategic level.

What is this? A calendar of articles and recorded learning support resources that will assist your Strategic Case Study exam preparation.

Why do I need it? The resources in the guide cover a range of themes and can be broadly split into two main categories: Study support — Motivation, confidence, time, strategic and memory recall. Exam support — Question-answering techniques and exam day planning.