Studying CIMA while MIP?
GinnyBee
Registered, Tutor Posts: 128 Dedicated contributor 🦉
I read on here a while back a post from someone who was studying towards CIMA while being an MIP, can anyone remember where it was? Tried searching but I can not seem to find it for some reason..........
Maybe someone can help me out on a few points here anyway, if there is anyone who knows about CIMA out there.
Do you have to be employed to do CIMA or can you be self employed?
Are you restricted in what you can do if you're an MIP?
Thanks!
GinnyBee
Maybe someone can help me out on a few points here anyway, if there is anyone who knows about CIMA out there.
Do you have to be employed to do CIMA or can you be self employed?
Are you restricted in what you can do if you're an MIP?
Thanks!
GinnyBee
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Hi Ginny,
Might have been me....As far as i am aware there are no restrictions with CIMA and MIP, unlike ACCA, just best if you don't officially mention CIMA when speaking with clients.
You can been self employeed to do CIMA or not even have a job, however it make getting your experience signed off at top cima harder to complete, im not 100% on the requirements yet.
Hope that helps
Martin0 -
Hi
I put this question to CIMA back when I was a CIMA student. The response I got was that providing services as a CIMA student are fine, though I'm not sure how you would get your work experience verififed. Alos, I believe that you can't officially refer to your CIMA status.
Neil0 -
I'm studying for CIMA and am a MIP with AAT. I do a very small amount of self-employed work, I also am employed as finance person for a very small company on a p-t basis, with no line-manager who could sign me off..
I had a look into the practical experience requirements when I was considering changing jobs - it was one of my main concerns as my old boss was ACMA and I was worried about losing the link to someone who could sign me off.
What I was told (as I remember it) is that - if you are self-employed or don't have a line-manager who can sign off your practical experience - you can have it signed off by an external accountant or auditor; a bank manager or possibly even an ACMA who knows you personally. My memory is now quite fuzzy but I was reassured enough (and went ahead and switched jobs)
Will try and find something concrete on the CIMA website if I can, its not good that I can't quite remember who it was that was going to sign off my practical experience!!!0 -
Chinless Wonder wrote: »Will try and find something concrete on the CIMA website if I can, its not good that I can't quite remember who it was that was going to sign off my practical experience!!!
Haven't yet found anything "concrete" but found this response to a similar question on the CIMA forums:
"Dear Robert,
Thank you for your posting.
As a person that works for themself, the sort of individuals that you would normally have sign off your experience, would be external to your company, such as auditors or bank managers. In cases where you work closely with a client, you can also get your client to sign off your experience.
I do hope this helps,
Patrick Finn
Practical Experience Support Manager"
So there you go! I wasn't hallucinating after all.
Given the relationship I have with my bank manager... can't see him signing off anything for me other than a warrant!
But hope that helps you.0 -
Chinless Wonder wrote: »Haven't yet found anything "concrete" but found this response to a similar question on the CIMA forums:
"Dear Robert,
Thank you for your posting.
As a person that works for themself, the sort of individuals that you would normally have sign off your experience, would be external to your company, such as auditors or bank managers. In cases where you work closely with a client, you can also get your client to sign off your experience.
I do hope this helps,
Patrick Finn
Practical Experience Support Manager"
So there you go! I wasn't hallucinating after all.
Given the relationship I have with my bank manager... can't see him signing off anything for me other than a warrant!
But hope that helps you.
That's definitely given me some more to think about!
Do you think the split with CCAB will affect how CIMA is regarded by the rest of the profession??0 -
I don't think that the Split will affect it that much , after looking into the CCAB ther are much more involed with the audit side of things and stat reporting, stuff which CIMA is not as involed in as ACCA0
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That's definitely given me some more to think about!
Do you think the split with CCAB will affect how CIMA is regarded by the rest of the profession??
There's a whole big stooshie* about this on the CIMA forums and AccountingWeb.
I think the general feeling is that half the people are squawking loudly about their qualification being devalued (eg job adverts refer to CCAB member quals etc); and the rest are quietly rolling their eyes, shaking their heads and carrying on as normal.
Interesting that CIMA have also just announced proposals for a partnership with the AICPA though.
*stooshie: n. a fight; a fuss, commotion, or to-do (Scots)0 -
I found the discussion on the CIMA forums interesting for a bit, but lost interest, when they just seem to be repeating their points.Chinless Wonder wrote: »There's a whole big stooshie* about this on the CIMA forums and AccountingWeb.
I think the general feeling is that half the people are squawking loudly about their qualification being devalued (eg job adverts refer to CCAB member quals etc); and the rest are quietly rolling their eyes, shaking their heads and carrying on as normal.
Interesting that CIMA have also just announced proposals for a partnership with the AICPA though.
*stooshie: n. a fight; a fuss, commotion, or to-do (Scots)
Looking at job adverts in private sector most ask specifically for CIMA/ ACCA/ ACA qual and not CCAB qualifications, so the main area that needs to change the wording would be the public sector, and as we all know, all the jobs there are cut anyways, so it doesn't really matter. In any case, I'm sure public sector will not now all of a sudden disallow CIMA members as they are no longer part of the CCAB.0
