How to choose between CIMA or ACCA? Which is the best? CIMA vs ACCA | Educational Guidance with AZB

[@anabalraj410]

Thanks alot for explaining this, I was wondering why employers in my country frowns upon CIMA, they treat it as if CIMA is lower class of studies.

[@cynthia2120]

Thank you...sooo helpful, I'm from Zimbabwe (also a former Brit colony) and had never considered that option when you pointed it out.

[@AzmanBranudeen]

Haha, indeed, Many don't see it. Thank you for the kind words. All the very best!

[@shoomshoom7436]

As a retired CPA CA ACMA CGMA, I would like to enlighten young intending accountants the decision criterion as follows: A. In public practice I. If you desire to be an auditor or a taxation practitioner, aspiring to become a partner in the end. Then you may opt for CPA/CA/ACCA 2. If you desire to be a management consultant, aspiring to become a director of management consulting. Then opt for ACMA. These are the usual practices to be adopted by Big 4 in UK in selecting new candidates. B. In commerce and industry, you may start in management accounting (CIMA) or in financial accounting (CA/ACCA), aspiring to be a Financial Controller/Chief Finance Officer C. However, the global accountancy arena has evolved and changed, if you aspire be a global conglomerate corporation CEO/CFO/director in the end, then opt for the CGMA (chartered global management accountant) either via AICPA of USA or CIMA of UK, in consideration of there being more than 500,000 American qualified certified public accountants and British qualified chartered management accountants standing behind across the globe, whilst dominating the global fortune 500 conglomerates.

[@paulj625]

A very unique and practical way of choosing from either!!

[@AzmanBranudeen]

Glad it is helpful. Good luck!

[@ArmanAli-qo9yr]

Aoa brother first of all I am impressed to see someone this much educated from Sri Lanka Love from Pakistan ❤️ I am 16 years old and want to manage a business like a CEO CFO or my own business What should I proceed ACCA or cima After 10 class ????

[@AzmanBranudeen]

Thank you Armani. For your query, with my understanding of the Pakistan Market, I would suggest you start either ACCA or CIMA (ACCA seems more popular in Pakistan) after you finsh 10th Standard. but you have to work hard and finish it as soon as possible. By the time you get out of College if you can at-least be part qualified with ACCA, you can start a degree specializing in some area you like. Then finish ACCA and try to find a good entry level job in a good reputed company. With that you can get a great start to your career, early. This is just a rough layout for you, but you have to work hard and be committed without never giving up. All the best!

[@ArmanAli-qo9yr]

@@AzmanBranudeen really thanks brother God give you a lot of success insha'Allah Bro I am interested in business management and ACCA is not that closely related to business management as CIMA and MBA is And u are right about more demand of ACCA but I am thinking to move to any other country Will u still suggest me to proceed ACCA????

[@chirathdharmasena5197]

Insightful video! Keep up the good work! Cheers! 💪

[@AzmanBranudeen]

Thank you! and Cheers Chira

[@lifeuniversity5337]

Thank you for this ... As someone interested in running a business would you say CIMA certification is worth it ?

[@AzmanBranudeen]

If you have never had any formal Business Education, then doing CIMA can actually help you. It has many things that can be important to running a business, but it also helps you understand other people's thinking. But if you already have learnt Business Management, then doing CIMA is unnecessary just for the sake of it. Then you should focus on your Business. All the very best to you!

[@isharaperera7248]

Thank u. I am from Sri Lanka and have 10 years in Banking industry specialized in credit analysis and project lending. I am graduate in business management from UK and Master of Financial Economics to be completed by Dec-2022. I am currently in UAE seeking a job in the banking industry and I see that there are opportunities for CIMA and ACCA members in the accounting field for much better jobs. I am thinking to start CIMA or ACCA. I don't know what to choose. Can u help me out?

[@AzmanBranudeen]

received your email Ishara, will revert there. All the best!

[@asthachhajed323]

HEY! I am from India , I have completed my 12th and I wanna do my own business in future which degree would be more helpful. The video was great.

[@AzmanBranudeen]

CIMA or ACCA are not degrees Astha, they are Professional Qualifications. whether to start a business or not, having a good education is always helpful. So if you want, you can do a good degree from a university. Other than that you can consider CIMA or ACCA, for a Business background, I would recommend CIMA for you.

[@maryaruna9995]

Hii sir ...i would like to get into the field bank management and work in abroad as a accountant soo which course should i take CIMA or ACCA?

[@AzmanBranudeen]

To work as a financial accountant and specialise in accountancy, ACCA is the better qualification. But if you can, don't only do ACCA, try to do a degree in Banking and Financing as well, that will increase your chances of getting a good job.

[@anirudhhattangadi3534]

Sir am okay with doing cima. Basically I have thirst for number crunch and financial management statistics cost accounting are area of interest. So is cima right qualification? I maybe wrong but I heard couple of videos that says cima may cost over 10;000 pounds. Is it correct? How about CMA usa qualification? What's your opinion about it? My long term career plan if I can tell you frankly is to develop good knowledge in cost accounting financial management statistics and either do independent research on it or start own big business and become a finance manager of it.can CMA usa +ifrs diploma from acca Help? I understand that to do independent research and invent new concepts topics that can add value to society or start own business venture formal business or finance qualification is not necessary but for me self esteem is associated with having professional qualification.

[@AzmanBranudeen]

Ultimately the qualification should add value to you. So whatever qualification you do, if you use it positively to add value to yourself, then it will benefit you, even if you become an entrepreneur. Do not think that to be an entrepreneur you don't need education. good education is a strength anytime. Your aspirations are great, and so choose a qualification wisely, and pursue it to the end. All the very best Anirudh!

[@anirudhhattangadi3534]

@@AzmanBranudeen .Thanks sir.now that CMA usa qualification has started giving options for students to write exam from home I prefer to do cma usa qualification.hope the institute wont eliminate this option any time especially this year or next year or even year after that,given that global pendemic situations is still uncertain and world government hasn't found more efficient ways than lockdown to contain the spread of virus. As you know it's an ideal qualification for those who wish to switch their career, not eligible for us cpa and wont have years of time to spend on qualification like acca cima or chartered Accountancy. Though am nothing against doing acca or cima either as they are atleast shorter duration than ca ( for which 3 years of articleship training is compulsory before appearing for final stage ) Agan if I can share here( sorry perhaps its bit out of context) ,actually post qualification be it CMA usa acca or cima ,my preference is to buy couple of existing 5 star hotels and become senior finance manager of it. I maynot prepare financial statements but analyze them and make important financial decisions. Instead of buying the building or land thinking of leasing the same ,buy the ownership of that particular hotel and running the business the way it has been . I wonder if it works that way.any idea sir?

[@storify8234]

I am currently doing bba can I do cima and bba ... Is it easy to do ?

[@AzmanBranudeen]

Yes you can, please check with your local CIMA office for any exemptions to save effort.

[@giga9010]

I want to be a ceo in australia / canada or new zealand what can i chose

[@AzmanBranudeen]

My suggestion is to look at an Australian Qualification. However CIMA is also heavily recommended.

[@aaqilaman]

I want study computational finance, which would be more beneficial for me to start CIMA or ACCA? And to ACCA do any requirements needed something like 16+ age and anything else?

[@AzmanBranudeen]

Hi Hamziya, If your goal is to work within the Corporate Finance field, then I would recommend ACCA. You can start ACCA with a basic education like Plus2/GCE O/L etc.

[@aaqilaman]

@@AzmanBranudeen thank you!

[@ishaanmehta6089]

Hey Brother, can i pursue CIMA without any bachelor's degree? Like only focus on CIMA without college degree

[@AzmanBranudeen]

Yes you can Ishan. CIMA doesn't have a degree requirement.

[@ishaanmehta6089]

@@AzmanBranudeen So I have decided not to pursue any bachelor's degree and do CIMA. Would there be any problem for jobs ?? Sir please reply so that I can start with further studies! I am damn confused

[@AzmanBranudeen]

Competitively, especially in India, most people are getting a Degree Ishaan, so if you can I would always suggest Degree + CIMA. Anyway with partial CIMA, some universities offer degree intakes. And there are other universities where while doing the degree, you can enter CIMA somewhere in the mid level and finish with a few exams. You have to decide based on what you can afford.

[@bithunbijuchacko5748]

Does cima have signing authority like acca in the middle east?

[@AzmanBranudeen]

Not exactly. ACCA does though in some countries. For more info please check this link. www.cimaglobal.com/Members/member-network/Members-in-Practice/MiP-Resources/Signing-off-Accounts/

[@maithilyyoganantharajah3785]

Can I do cima or acca after MBA is is worth doing that?

[@AzmanBranudeen]

Hi, that depends on what your situation and requirement, demand in the job market and your goal is. Depending on these factors, you can decide how to move forward. All the best!

[@ajas_18]

Can i take cima after plustwo and also iam non commerse student... Please replay

[@AzmanBranudeen]

Yes Ajz, you can, no problems at all. You can start CIMA immediately.

[@ajas_18]

@@AzmanBranudeen tnku...😍.....

[@santoshluhar2979]

Sir 10 after study acca no or yes

[@AzmanBranudeen]

Hello Sudip, As long as you don't mess up your college studies and can continue to do your best, then doing both that and CIMA/ACCA is fine. But if not, then better wait first to finish college and then start CIMA/ACCA. If you are a hard worker, go for it. Good Luck! :)

[@santoshluhar2979]

@@AzmanBranudeen okay sir thank you for this information and where are you from sir

[@ayeshkhan5519]

Thanks for sharing 👏✌️

[@AzmanBranudeen]

My pleasure 😊

[@saifuddin5480]

Sir I'm from Bangladesh. Institute of cost and Management accountant of Bangladesh has MOU with CIMA. Can I join bsc program in CIMA like ACCA has a partnership with OBU where they are providing bachelor degrees by just doing thesis paper . Can I have a bsc accounting degree alongside with CIMA Cuz I go through CIMA website and it was confusing for me . Sir please help me about this.

[@angelatjitombo5468]

Hi I want Acca classes

[@AzmanBranudeen]

Hi My training is only for ACCA APM and AFM at the final level.

[@faishalnakeya2842]

I am a MBA holder and working in KSA from last 10 years, few years back I enrolled in CIMA master gateway, now I am looking to crack cima gateway, so how you can me on this regard. Please feel free to contact me.

[@stewardsoans8354]

Very helpful video

[@AzmanBranudeen]

Glad it was helpful Steward! Be well! 😊

[@mmmunzir4849]

Iam also srilankan