***UPDATE*** New exemption policy change as of 1st October 2020!
This Master of Advanced Professional Accounting will change effective October 1, 2020. Students graduated with this degree will be eligible to get exemptions up to the Strategic level and they have to sit 4 CIMA exams (Strategic Objective tests E3, F3, P3 and Strategic Case Study) instead of 1 Strategic Case Study exam before.
CIMA & Macquarie University have a collaboration to provide Macquarie postgraduate students undertaking the Master of Advance Professional Accounting degree with a fast track route to complete the CIMA professional qualification.
The aim of the Programme is to prepare Master of Advanced Professional Accounting students for a challenging career as qualified professional accountants and allow them the opportunity to gain both the professional membership from The Chartered Institute of Management Accountants® (CIMA) as a Chartered Global Management Accountant (CGMA®) and the Master of Advanced Professional Accounting degree at the same time.
Students will be allowed to sit for CIMA’s Strategic Case Study exam during the last semester of the Master's programme. Upon passing the Strategic Case Study exam and completing the Master's programme, students will only need to submit their three years' practical experience to apply for CIMA membership and gain both the ACMA and CGMA designations.
This opportunity is available for Macquarie students enrolled in the Master of Advanced Professional Accounting commencing from session two 2013 cohort.
For Macquarie Master of Advanced Professional Accounting 2015 to 2017 Graduation students CIMA will grant 14 exam exemptions up to and including the strategic level. This is dependent on:
- the successful completion of the Master of Advanced Professional Accounting course
- the successful completion of the relevant electives – below
- payment of the required CIMA fees
Course compulsory and elective requirements
The following four compulsory units (16 points):
ACCG903 Global strategy and leadership
ACCG907 Financial reporting and disclosure
ACCG908 Strategic management accounting
ACCG913 Ethics and governance
(b) two of the following units (8 points):
ACCG904 Assurance services and auditing
ACCG905 Financial risk management
(c) a further 6 units (24 points) offered at 800 level or above
Recommended electives that prepare students to sit for the CIMA strategic case study examination (students must complete these electives in order to sit for the CIMA strategic case study examination):
ACCG807 Research seminar
ACCG825 Management accounting: strategy and control
ACCG828 Management control systems
ACCG835 International accounting
ACCG848 Business and professional ethics
ACCG898 Research project A
ACCG899 Research project B
ACCG930 Enterprise risk management - corporate governance perspectives
CIMA is currently offering a special rate for students undertaking this course. For more information on the fee structure for CIMA contact our Sydney office on +61 2 9376 9900 or email Australia@cimaglobal.com
To register with CIMA students of this program will need to contact the CIMA office in Sydney on +61 2 9376 9900 or email Australia@cimaglobal.com to obtain the appropriate code.
For more information at the Macquarie Masters registrations please click here.
Nicole Hartas, Business Development Manager
Telephone: +61 (0)2 9376 9900
Macquarie University contact
Student Enquiries at Business and Economics Student Services (BESS)
Telephone: +61 (0)2 9850 1050