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The cost of qualifying
CIMA’s three-tier exam fee system means UK students now pay £390 more than their colleagues in South Africa to sit the professional qualification exams.
Current exam fees show students in tier 1 (this includes the UK) pay £1,610 to sit all nine OTs and the three case studies. Based on 2018 prices the same students in tier 3 would pay £1,220.
CIMA says it is offering a tier-based exam fee system as part of its continued commitment to improving access to the qualification and assessment worldwide.
For UK students, just the operational OTs now cost less than £100 each to sit – they are £95. Every other exam costs over £100 each time, rising to £240 for the strategic level case assessment.
CIMA has also worked out how much it would cost a student (or their employer) to ‘get qualified’, in either three or five years. It assumes you have no exemptions, you sit and pass first time, and you are in a tier 2 market (this means those in China, Cyprus and UEA, to name but a few).
After adding the annual subscriptions and exam papers (£1,514) and study costs (£3,480) it comes up with a figure of £4,994 for three years. For five that figure rises to £5,210.
However, this price only includes a textbook and CMA study prime modules. And, remember, you haven’t failed anything in these costs.
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