***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 Sydney 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®).
This agreement is a first for CIMA in NSW and we are proud to collaborate with a prestige university such as UNSW Sydney, which is ranked in the top 50 of the world’s universities.
Eligibility
This opportunity is available for UNSW students enrolled in the Master of Commerce (Management Accounting) (8404) degree and Master of Commerce (Management Accounting) (Extension) (8417) degree commencing from the 2014 intake.
CIMA exemptions
For UNSW Sydney Master of Commerce (Management Accounting) students, CIMA will grant 12 paper exemptions up to the strategic level.
The requirements are:
- Successful completion of the Master of Commerce (Management Accounting) degree
- Successful completion of the relevant subjects – 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
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Exemptions
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Courses required
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Operational and management level only
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Two compulsory core courses
MGMT5050 Professional Skills and Ethics
COMM5005 Quantitative Methods for Business
Three gateway core courses
ACCT5930 Financial Accounting
ECON5103 Business Economics
FINS5511 Corporate Finance (students substitute this for their third Gateway course)
Five required specialisation courses
ACCT5910 Business Analysis and Valuation
ACCT5942 Corporate Accounting and Regulation
ACCT5943 Advanced Financial Reporting
ACCT5955 Management Control Systems in Contemporary Contexts
ACCT5996 Management Accounting and Business Analysis
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One additional course
INFS5848 Managing Complex Projects*
*This course must be selected if students wish to be exempted from all CIMA operational and management level exams.
One Capstone course
ACCT5931 Strategic Management Accounting
Note: If a course has been completed in prior study, students may be granted transfer credit for introductory level courses or permission to substitute other courses.
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Operational, management and strategic level
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To assist students to obtain strategic level accreditation, the Master of Commerce (Extension) (8417) allows students to take three additional courses:
Three courses relevant to the strategic level:
ACCT5914 Enterprise Strategy for Management Accountants or ACCT5949 Managing Agile Organisations
ACCT5919 Business Risk Management
FINS5514 Capital Budgeting and Financial Decisions |
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 Sydney 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 Lili Dai, MCom Coordinator for the School of Accounting, Auditing & Taxation
Telephone: +61 (0)2 9065 1612
Email: lili.dai@unsw.edu.au