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CIMA grants LSBU students an exemption to fast-track their accountancy qualifications

The Chartered Institute for Management Accountants (CIMA) is stream-lining the examination process for LSBU students studying for a BA in Finance and Accounting
20 October 2017

The Chartered Institute for Management Accountants (CIMA) – the formal accreditation body for the accountancy profession in the UK – has announced it will be stream-lining the examination process for LSBU students studying on the University’s Accounting and Finance degree course.

CIMA is granting ten exemptions for LSBU's BA (Hons) Accounting and Finance students, meaning that they will now only be required to complete six exams to qualify as a chartered management accountant.

Responding to the good news, Professor Mike Molan, LSBU’s former Dean of the School of Business said: “I am very pleased to hear that CIMA is granting LSBU ten exemptions for our BA (Hons) Accounting and Finance degree course, which will have the effect of fast-tracking our students, as they will now only have to complete six exams in order to qualify as a chartered management accountant.

“CIMA’s exemptions for our courses should serve as a reminder to prospective LSBU  accountancy students of how relevant and recognised our accountancy degrees are to the ever-changing world of business and how our teaching ensures students are prepared to enter the world of work with the best possible chance of a successful career.”

Jason Nye, Manager for Student Recruitment at CIMA said: “I have had the pleasure of working with London South Bank University for a number of years now. Together we have worked extremely hard to develop our relationship, to open up more opportunities for students. This partnership has proved very successful, to the extent that we are now engaging with students across each year group supporting them through internships, placements and graduate roles. This decision will help to reinforce our collaborative partnership and I look forward to seeing many more LSBU students becoming chartered global management accountants in future.“

Sara Abdaless, LSBU Lecturer and Course Director of Accounting and Finance undergraduate courses, said: “CIMA granting our accountancy students an exemption for their exams is a mark of how highly our courses are regarded by the profession.

“Completing the BA (Hons) Accounting and Finance (with placement) degree at LSBU and the last six papers of the CIMA qualification afterwards, opens up a world of opportunity for our students in the areas of Financial Accounting, Management Accounting, Corporate risk, Tax and Treasury, with employers in the private sector and public sectors, in organisations ranging from start-ups to multi-nationals, across the UK and worldwide.”