How to Become A CGMA South Africa

Chartered Global Management Accountant is a professional management accounting designation issued beginning in January 2012. The Chartered Global Management Accountant’s mission is to promote the science of management accounting on global stages.

Below is to Become A CGMA South Africa

Stellenbosch University offers the following route to become a Chartered Management Accountant:

BCom (Management Accounting) (3 years)

BCom Honours (Management Accounting) (1 year)

Qualifying examinations through CIMA

Three years’ relevant work experience at any organization worldwide

BCom (Management Accounting): Undergraduate programme

Aim

The BCom (Management Accounting) degree programme is primarily aimed at the instruction of students who intend to qualify as chartered management accountants. Exemption from certain examinations of The Chartered Institute of Management Accountants (CIMA), with head office in London, is currently obtained by individuals who are in possession of a BCom (Management Accounting) degree from this university. (Exemptions are always at the discretion of CIMA.)

The broad objectives of the BCom (Management Accounting) degree are:

To address the basic content of the curriculum of the chartered management accountant career, as determined by CIMA.

To present the study material in such a way that independent, constructive and critical thinking is encouraged amongst students.

To impress the virtues of ethics, integrity, a sense of responsibility and a positive attitude, which are necessary for a professional career upon from the first year of study.

Admission requirements

The formal admission requirements are available in the Faculty of Economic and Management Sciences yearbook (available on the website of the university).

Students who do not qualify to register for the BCom (Management Accounting) programme in terms of the formal admission requirements are allowed to change over to the programme at the end of their first year on condition that they comply with the following:

They must be registered for a BCom course in their first year.

All the subjects for the first year must be passed.​

How much does it cost to become a CGMA?

CGMA Associate Membership is included in your subscription package when you register for the CGMA Finance Leadership Program. Once you have earned the designation, you will only pay for the CGMA Associate Membership. The annual membership fee is $395/year

How long does it take to become a CGMA?

Most candidates should aim to complete each Level, including both the learning and the Case Study Exams, within 9 12 months. The average candidate should expect to take 150-200 hours to complete each Level of the CGMA Finance Leadership Program.

Is the CGMA worth anything?

Because of the established reputation of the CMA, this designation is recognized more by employers and management accountants. With its new association and a beefed-up exam, the CGMA certification may be worth a second look. Right now, a CPA or CMA is more than enough for most accountants.

Is CGMA easy?

Most AICPA Members Work in the Industry Anyway

These CPAs are looking for recognition of their management accounting expertise. CGMA is an easy way to ride on AICPA’s existing membership.

Is CGMA a degree?

The designation recognizes the most talented and committed management accountants with the discipline and skill to drive strong business performance. The route to the CGMA designation includes a combination of exams, experience and is educationally equivalent to a master’s degree.

Is Cgma the same as CIMA?

Chartered Global Management Accountant™ (CGMA®) is the global designation for management accountants. It’s powered by the resources and expertise of the American Institute of CPAs (AICPA) and CIMA, two of the world’s leading accounting organizations. You remain a CIMA member, with all the benefits of CIMA membership.

Is Cgma a chartered accountant?

Chartered Global Management Accountant™ (CGMA®) is the global designation for management accountants. This international designation recognizes the most talented and committed management accountants with the discipline and skill to drive strong business performance.