2021 Re-inventing finance for the digital world - IMAS
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2021
Re-inventing finance for the
digital world
Look wide, beyond
your immediate
surroundings and limits,
and you
see things in their
right proportion.
Look above the
level of things around you
and see a higher aim
and possibility
to your work.
Lord Robert Baden-Powell
Soldier and founder of the Boy Scout and
Girl Guide movements
Content
02
ABOUT IMAS
04
WHAT IS CIMA
09
CIMA COURSES
10
CIMA ENTRY REQUIREMENTS
13
CIMA FEES
14
WHY ACCA
16
ACCA ENTRY ROUTE
19
ACCA FEES
20
LIVE VIRTUAL CLASSES
About
IMAS
IMAS is a professional accountancy training institution, specialising
in Chartered Institute of Management Accountants (CIMA), Association
of Chartered Certified Accountants (ACCA) and the Institute of Certified
Bookkeepers (ICB) qualifications. It was established in 2013 to initially
broaden access to high-quality professional accountancy education to
aspiring Chartered Management Accountants. Subsequently accreditation
for both ACCA and ICB were added. IMAS is the brainchild of
Nkosinathi Christopher Thela.
The National Skills Fund identified accountants and finance managers
among the skills that are in shortage in South Africa. IMAS decided to
add the highly regarded ACCA qualification to its offering to assist in
closing the gap identified by the National Skills Fund. IMAS intends
to play a meaningful role in supporting the country to realize its
aspiration as encapsulated in the National Development Plan (NDP)
of training and developing highly skilled graduates.
IMAS is dedicated to continuing to deliver the highest standard of
lecturing and student support with the focus on guiding students to
realizing their dreams of becoming professional accountants. The
qualifications offered at IMAS are globally recognized, enabling IMAS
graduates to succeed wherever they go. IMAS develops strategic
thinkers with the capability of being business leaders, whilst offering
current business leaders the opportunity to gain greater knowledge
of business practices. IMAS qualifications are suited for the Forth
Industrial Revolution, ensuring our students are not left behind.
Studying with IMAS offers both individual, community and corporate
positive impacts.
IMAS is accredited by both Quality Council For Trades & Occupations
(QCTO) and the Finance and Accounting Services SETA (FASSET), a
SETA responsible for the accounting and finance sector in South Africa
(QCTO) Accreditation Number: 20-CIMA/ACC/1220110 and FASSET
Accreditation Number: A585000052).
02
Our Vision
IMAS aspires to be a leading professional accountancy training
institution in South Africa by 2022.
Our Mission
Our mission is broadening access to high quality
education by:
• Recruiting the best tutors/lecturers with practical experience.
• Providing excellent student support.
• Form strategic alliances with employers that can offer training
opportunities to our students.
• Expand our footprint across the country by opening new IMAS
locations.
Our Lecturers
• We have a team of over 28 qualified lecturers and tutors.
• Who are either members of CIMA, ACCA or SAICA
Our Delivery Method
• We offer full-time and part-time contact classes;
live virtual classes; distance learning supported by online
student portal and our mobile app.
Campus Full-time Part-time Midweek Weekends
Johannesburg
Durban (no evening classes)
Sandton
Pretoria
Cape Town
Distance learning and live virtual classes
available anywhere in Africa.
03
What is
CIMA
Chartered Institute of
Management Accountants
CIMA is the world’s largest leading professional body of
management accountants, offering the most beneficial
accounting qualification for a career in business. CIMA has
members and students in 178 countries, making its
qualification the preferred choice for employers and ensuring
you’re amongst the most able, sought after and valued
employees in the world.
CIMA members are
given the right to use
The Institute of Cost the title Chartered
and Works Accountants
(ICWA) is founded 1972 ICMA is granted
a Royal Charter 1986 Management
Accountant 2011
1919 Name changes to the
Institute of Cost
and Management
1975 Name changes to the
Chartered Institute
of Management
1995 AICPA and
CIMA enter into
a joint venture
Accountants (ICMA) Accountants (CIMA)
04
The
CIMA
difference
Our Vision
CIMA joint venture with the AICP brought us the CGMA designation - Chartered
Global Management Accountant. The CGMA mission is to promote management
accounting and the value that management accountants add to an organisation.
The CGMA designation signifies that you are a trusted business strategist who can
apply non-financial qualitative information along with financial analysis to
understand all aspects of the business. The designation continually sharpens
business acumen by providing the tools, reports and research holders need to help
drive sustainable business success.
Our Relationship with the Business Community
We revise our syllabus regularly based on business trends and the employment
needs of businesses globally. How do we do that? We run extensive, interlocking
research with employers globally to understand the type of employees they are
looking for to drive business forward.
The CGMA Competency Framework: Foundation of the CIMA Syllabus
With the information we have from employers globally, we developed a framework
which shows the skills and competencies that finance professionals need to boost
employability. The framework provides the foundation for our 2019 syllabus and
assessment methods as well as our continous professional development strategy.
This ensures CGMA designation holders are competent and confident managment
accounting professionals who can guide and lead sustainable business success.
Our Innovation in Assessment Technology
To make CGMAs even more employable, we have pioneered a combination of
computer based assessments that not only test our students knowledge but also
their ability to apply this knowledge in the business environment.
AICPA and AICPA and CIMA AICPA and CIMA
CIMA launch the introduce the CGMA members approve
Chartered Global Competency Framework the creation of a new global
Management association to represent
Accountant AICPA and CIMA launch public and management
(CGMA)
designation 2013 the Global Management
Accounting Principles 2015 accounting around
the world 2017
2012 IMAS IS
ESTABLISHED 2014 CIMA moves to
computer-based 2016 AICPA and CIMA
form the Association
assessments
Professional Accountants
05
Benefits
in choosing
CIMA
1. Employers Globally Choose CGMA
to have. Thousands of companies around the world, from multinationals to
the newest start-ups in the public and private sectors, train their people with
us. Chances are that in any sector you can think of, there will be CIMA
members driving businesses forward. Some of the employers who train their
staff with CIMA are BP, Capgemini, Coca-Cola, Deloitte, GlaxoSmithKline,
HSBC, Nestle, UK National Health Service, Siemens.
Search for more employers: www.cimaglobal.com/ouremployers
2. Global Job Opportunities
Qualifying as a Chartered Global Management Accountant with CIMA will
open up global job opportunities in whatever sector you choose to work.
As a CIMA student you will have the skills and knowledge to move between
open your eyes to the huge number of opportunities that are open to
Many job opportunities can be found on CIMA MY JOBS.
sought after positions: myjobs.cimaglobal.com
06
07
3. Earn Higher Salaries
As a CGMA designation holder, you can earn more and go further. (Keep reading, we have the numbers to prove it)
Even while you’re still studying, you can step ahead in the job market, because working to get your designation
shows employers you’re dedicated, hardworking and always thinking about your future. If you’re already
working, the CGMA designation can help you move up the ladder. A glimpse at average annual salaries of CIMA
students and CGMA designation holders:
1 USA 5 Poland 9 Zimbabwe 13 Sri Lanka 17 Hong Kong
Students: N/A Students: PLN105,000 Students: ZWD24,000 Students: LKR539,000 Students: N/A
Members: USD156,000 Members: PLN198,000 Members: N/A Members: LKR2,173,000 Members: HKD1,010,000
2 Canada 6 South Africa 10 UAE 14 China 18 Australia
Students: N/A Students: ZAR405,000 Students: AED193,000 Students: CNY389,000 Students: N/A
Members: CAD112,000 Members: ZAR863,000 Members: AED402,000 Members: CNY791,000 Members: AUD132,000
3 Ireland 7 Botswana 11 Pakistan 15 Malaysia 19 New Zealand
Students: EUR45,000 Students: BWP140,000 Students: PKR733,000 Students: MYR75,000 Students: N/A
Members: EUR83,000 Members: N/A Members: N/A Members: MYR195,000 Members: NZD134,000
4 UK 8 Zambia 12 India 16 Singapore
Source: CIMA Salary Survey 2017
Students: GBP32,000 Students: ZMW140,000 Students: INR1,404,000 Students: N/A
Members: GBP60,000 Members: N/A Members: INR2,506,000 Members: SGD143,000
4. Preparing You for Bigger Opportunities
you’ll also gain individual awards after each level.
08CIMA
COURSES
The CIMA qualification gives you the skills, expertise and authority to call the shots and make
decisions that will lead to ongoing success.
09ENTRY
REQUIREMENTS
You will need a good understanding of both English and
Maths and a passion to succeed in business. If you are
doing Math Literacy, you will need a minimum of 50%
you might be eligible for exemptions from subjects at this
level.
Business Accounting
• Diploma in Cost and Management Accounting
• BCom/BCom Honours in Accounting, Management
• Master’s in Accounting or MBA
10CIMA The Professional gateway and Master’s gateway routes are an
GATEWAY
the globally recognised CGMA designation for individuals who hold
an MBA or Master's in Accounting.
ROUTE
How does it work
Eligible individuals are required to take the CIMA Gateway exam, also
known as the Management Level Case Study exam for those who are
not on the accelerated route.
The CIMA gateway exam is:
• A computer based case study exam
• Three hours long
• Available in four windows a year (February, May, August and
November)
• Assesses knowledge and competencies covered in the Management
In preparation for the Gateway Exam, IMAS offers eight to ten weeks
of contact classes through its part-time or home study programme.
This will be followed by a two weeks of case study workshop, you can
refer to our 2021 timetables for dates and venue available on our
website.
Once you have passed the CIMA Gateway Exam, you will be granted
operational and management level exams, allowing you to progress
How much does it cost
Your fees are divided into two:
1. CIMA fees = R9,775 which covers:
• Registration with CIMA
• First year’s subscription fee
• One attempt at the exam
after successfully passing the CIMA Gateway Exam
2. IMAS fees = R20,850 which includes:
• All your contact classes for P2, F2 and E2
• Kaplan Study Material – Study Text and Exam Practice Kit
• Unlimited Access to our pre-recorded material
• Free Access to the Case Study Workshop
11How to get started
IMAS will register you with CIMA and submit documents
proving your eligibility for this route. Documents include:
• Complete academic transcripts (mark sheets) for all
• Once your documents have been reviewed and approved you
commence with your classes in preparation for your Gateway Exam
CIMA
GLOBAL CA PROGRAM
This exclusive pathway for CA (SA), is a very structured
approach. You can only be admitted into this pathway
with the application.
All CAs are exempted from 15 modules and only assessed on the
Strategic Case study exam. After the process of exam completion, you
will need to apply to become a member. Once you are a member,
your designation (CGMA) will be internationally recognised.
Application:
To commence with an application for exemptions as a SAICA member,
we require the following documents to be emailed to:
nkosinathit@imas-sa.co.za.
- CV
- Copy of ID document
- Letter of good standing from SAICA
Fees:
The cost of the programme is R69,000 for 2021 and includes:
Application fee:
• Registration fee
• Exam fee (one sitting of Strategic Case Study)
• All books and mock exams
• Exclusive support for membership application to use the letters:
CGMA™
• Venue and facilities conducive for optimal learning experience
122021 Fees
Full-time
R 40,000
CIMA Diploma in Management Accounting R 43,500
CIMA Advanced Diploma in Management Accounting R 45,000
CIMA Strategic Level R 47,500
The above full-time fees include:
•Registration Fee
•Your annual CIMA Subscription Fee in the year you are enrolled with us
•Access to our students online portal, loaded with our pre-recorded class videos and notes
• Tuition Fee
•Exam Fee for one attempt per exam
* Study Material is excluded
Part-time All modules/level Per subject
R 25,200 R 7,700
CIMA Diploma in Management Accounting R 20,790 R 7,700
CIMA Advanced Diploma in Management Accounting R 20,790 R 7,700
CIMA Strategic Level R 20,790 R 7,700
The above part-time fees include:
•Tuition, Mock Exams, Free Access to our online pre-recorded classes and notes
* CIMA Registration Fee, Exemption Fee & Exam Fees are excluded
Distance learning (per subject)
All CIMA Distance Learning Subjects R 4,500
Distance Learning Fees include:
•Study Material and Access to our Online Student Portal and Mobile App Access, loaded with pre-recorded lecture
videos and notes
•Two days of revision classes
•Access to online mock exams
•Lecturer consultations
Mobile application (per subject)
Mobile App Fees includes Only Access to pre-recorded lecture videos R999
and notes via the Mobile App
(Accounting Tutors- available on Android and iOS).
13Why
ACCA?
Supporting you every step of the way
Study with ACCA to take your career in any direction, and become one of the most
the worlds’ most progressive and supportive accountancy body driving your career,
opening doors to superior opportunities. Join the fastest growing gateway to the
accountancy profession and build your success story.
ACCA is the world’s fastest-growing gateway to the accountancy profession, helping
people like you to become successful accountancy professionals. Our global
reputation is so strong that we now have over 170,000 members and 436,000
students in 180 countries. We also work with over 8,500 approved employers and over
80 accountancy partnerships worldwide.
Greater Opportunity – Power your future
recognised and recommended around the world.
Based on international accounting standards and independently benchmarked for
excellence. This has been proved to greatly increase the opportunities for career
progression and reward.
a massive open online course (MOOC). We offer extensive support online and through
contact centre operating 24 hours a day, 365 days a year.
14valuable contribution to your organization, whether you are in the public or private sectors.
Reasons to choose ACCA:
1. Unrivalled Global Network
ACCA is a global body for professional accountants with over 208,000 members and 503,000 students in 179
countries.
2. Respected by Employers
Over one hundred years of proven reputation for quality and excellence
More than 7,110 approved employers globally
3. Flexibility
ACCA gives you a broad, yet thorough set of skills as well as an opportunity to specialize in whichever area you
wish, from audit to management accounting. You do not have to choose your specialism until later in your studies,
giving you time to decide where your interests lie.
15ENTRY
ROUTES
entry requirements and exemptions.
Experience
As well as completing exams and an
ethics module, you need to complete
three years relevant work experience
Applied
Knowledge
Foundations
EXAMS
Find out more about Accountant in Business
ACCA’s Foundation, Management Accounting
Financial Accounting
at accaglobal.com
REQUIREMENTS
ENTRY
Don’t have university-entrance University-entrance level*
or non-relevant degree
Start your journey at Foundation level
16Qualified
Professional
Ethics and Accountant
Professional Skills module
Completing your ethics module
will demonstrate you’re a
professional and ethical Congratulations!
Strategic You’re a new member of the
Professtional world’s most forward thinking
(Optional MSc)
professional accountancy body.
ESSENTIALS
What other
Strategic Business Leader
Applied Skills Strategic Business
can you gain?
(Optional BSc) Reporting
BSc(Hons) Degree in
Corporate and OPTIONS (PICK TWO) Applied Accounting
Business Law
Advanced Financial
Performance Management in partnership with Oxford
Management Brookes University
Advanced Performance
Taxation Management MSc in Professional
Financial Reporting Accountancy
Advanced Taxation
Audit and Assurance Advanced Audit partnership with University
Financial Management and Assurance of London
ACCA Diploma in
Accounting and Business
Fully accredited degree*
or relevent accounting
*See accaglobal.com for details
available from September 2018.
For the current structure, please visit
accaglobal.com for further details.
17ENTRY
REQUIREMENTS
1. Do you have Grade 12 or equivalent?
You will need a minimum of level 3 in both English and Mathematics
If you did Maths Literacy, you would require a minimum of level 4
Students who meet the minimum requirements detailed above will
start at the ACCA Knowledge Level. However, students who do not
meet the minimum requirements can do a ‘Foundation in
lead to students receiving credits towards the ACCA Advanced
Diploma or Skills Level.
If you have completed a diploma, degree or equivalent that has
Professional level exams to complete and time to focus on gaining
your practical experience.
Full-Time basis at our Braamfontein Main Campus
Part-Time basis at our Braamfontein Main, Pretoria Campus and
Durban Campus
Distance Learning supported by Online recorded class videos
182021 Fees
Full-time
Diploma in Accounting and Business (Knowledge Level + 1 Skills Module) R42,000
Advanced Diploma in Accounting and Business (Skills level + 5 Modules) R66,000
Strategic Professional Level R55,990
The above full-time fees include:
• Registration Fee, Tuition Fee, Exam Fee for one attempt per exam & Subscription Fee
* Study Material is excluded
Part-time All modules/level Per subject
Diploma in Accounting and Business (Knowledge Level) R19,600 R7,260
Advanced Diploma in Accounting and Business (Skills Level) R40,990 R7,260
Professional Level (Essential Level) excluding SBL R22,870 R 8,470
Strategic Business Leader (SBL) R13,200
The above part-time fees include:
• Tuition Fee, Mock Exams, Kaplan Study Material & Free Access to our Online Student Portal
* ACCA Registration Fee, Exemption Fee & Exam Fees are excluded
Distance learning (per subject)
All ACCA Learning Subjects R5,250
Strategic Business Leader (SBL) R7,000
Distance Learning Fees includes Study Material and Access to our Online Student Portal, loaded with pre-recorded
lecture videos and notes.
19LIVE
VIRTUAL
CLASSES
Future Proof your studies from the Covid-19 Pandemic
In response to the uncertainties created by the Covid-19 pandemic, we launched our Live Virtual Classes in March 2020 for
our CIMA and ACCA Professional Qualifications.
These classes are facilitated by a team of highly experienced lecturers with an impeccable record of delivering consistent
results on our CIMA and ACCA Professional Qualifications. You can refer to our website for the lists of timetables for our
2021 under each campus.
These online virtual classes are offered at 32% discount of part time-fees to compensate for internet access that students
may need. Included in the fee of R5,250 are:
– Access to live online virtual classes
– Study Material (Kaplan Study Text and Exam Practice Kit)
– 1 Progress Test
– 2 Days of Revision
– 1 Mock Exams and Feedback Session
The live Virtual Classes are highly interactive between students and facilitators. Students who opt for the Live Virtual Classes
will still be given access to the pre-recorded lecture videos and notes on our student portal.
20Main Campus Physical Address: Durban Branch Physical Address: Postal Address:
1st Floor, Unit 11, Meridian Park, 17 Thornhill Estate,
33 Hoofd Street, Braamfontein, 39 Meridian Drive, Umhlanga Rocks Rhinoceros Rd,
Johannesburg, South Africa Durban North, South Africa Weltevreden Park, 1709
+27 11 331 7343 +27 86 143 4333 info@imas-sa.co.za www.imas-sa.co.za
ACCA, CIMA & ICB qaulifications are registered with South African Qualification Authority (SAQA) and FASSET, the
Sector Education and Training Authority for Finance, Accounting, Management Consulting and other Financial
Services. IMAS FASSET ACCREDITATION NO: A585000052You can also read
