***UPDATE*** New exemption policy change as of 1st October 2020!
This Master of Commerce (Management 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.
UNSW Australia postgraduate students undertaking the Master of Commerce (Management Accounting) degree can now use a fast-track route to complete the CIMA professional qualification. The programme prepares students for an exciting career with the opportunity to become a CIMA member and Chartered Global Management Accountant (CGMA®).
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 three years' practical experience to apply for CIMA membership and gain both the ACMA and CGMA designations.
This agreement is a first for CIMA in NSW and we are proud to collaborate with a prestige university such as UNSW Australia, which is ranked in the top 100 of the world’s universities.
Eligibility
This opportunity is available for UNSW students enrolled in the Master of Commerce (Management Accounting) (8404) degree commencing from the 2014 intake.
CIMA exemptions
For UNSW Australia Master of Commerce (Management Accounting) students graduating from 2015 to 2019, CIMA will grant 14 paper exemptions up to and including the strategic level.
The requirements are:
- Successful completion of the Master of Commerce (Management Accounting) degree
- Successful completion of the relevant electives – see below
- Payment of the required CIMA fees
Degree compulsory and elective requirements
You can gain exemptions from either:
- Operational and management level
- Operational, management and strategic level
| Exemptions |
Courses required |
| Operational and management level only |
Two compulsory core courses
MGMT5050 Teams, Ethics and Competitive Advantage
COMM5005 Quantitative Methods for Business
Three gateway core courses
ACCT5930 Financial Accounting
ECON5103 Business Economics
FINS5511 Corporate Finance
Five required specialisation courses
ACCT5910 Business Analysis and Valuation
ACCT5942 Corporate Accounting and Regulation
ACCT5943 Advanced Financial Reporting
ACCT5996 Management Accounting and Business Analysis
INFS5848 Project, Portfolio and Program Management
One elective specialisation course from the following:
ACCT5955 Management Control Systems in Contemporary Contexts*
FINS5514 Capital Budgeting and Financial Decisions
INFS5978 Accounting Information Systems
MARK5700 Elements of Marketing
MGMT5601 Global Business and Multinational Enterprise
MGMT5907 Human Resource Management
*This course must be selected if students wish to be exempted from all CIMA operational and management level exams.
Students may also take any other course approved by the Master of Commerce Coordinator for the School of Accounting.
One Capstone course
ACCT5931 Strategic Management Accounting
Note: If a course has been completed in prior study, students may be granted permission to substitute courses from an elective list relevant to the CIMA syllabus and the value creation objectives of organisations. |
| Operational, management and strategic level |
To achieve strategic level accreditation, the Master of Commerce (Extension) (8417) allows students to take four additional courses on "Entity Planning and Performance":
Four required courses
ACCT5914 Enterprise Strategy for Management Accountants or ACCT5949 Managing Agile Organisations
ACCT5919 Business Risk Management
ACCT5955 Management Control Systems in Contemporary Contexts
FINS5514 Capital Budgeting and Financial Decisions
Note: If a course has been completed in prior study, students maybe granted permission to substitute courses from an elective list relevant to the CIMA syllabus and the value creation objectives of organisations. |
CIMA fees
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@aicpa-cima.com
Applications
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 registration code.
See more information on the UNSW degree.
Contact us
CIMA Australasia
Nicole Hartas, Business Development Manager
Telephone: +61 (0)2 9376 9900
Email: Australia@aicpa-cima.com
UNSW Australia contact
For application and enrolment advice
The student recruitment team
Telephone: +61 (0)2 9385 3507
Email: businessinfo@unsw.edu.au
Academic advice
Associate Professor Malcolm Miller, MCom Coordinator for the School of Accounting
Telephone: +61 (0)2 9385 5820
Email: m.miller@unsw.edu.au