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What is a CIMA worth?

02 November 2017

The latest CIMA salary survey is out, and the institute claims that pay levels for management accountants are performing well against the backdrop of low global inflation.

Pay for CIMA trainees jumped a whopping 7% year-on-year, and the current national average is £32,000. The average salary for CIMA-qualified accountants did not rise as quickly, but still jumped a healthy 4% in the year to £62,000.

CIMA’s UK director, Paul Turner, said he remained “optimistic that the transformation of business and finance functions will bring enormous opportunity for management accountants, to show their value”.

The survey showed that students in Northern Ireland received the lowest average salary - £27,000. London PQs earn an extra £10,000 on average in 2017, bringing home £37,000.

The average salary of members in London was £76,000.

PQ CIMA SALARIES IN 2017
East Anglia - £32,000
London - £37,000
North East - £28,000
North West - £28,000
Scotland - £32,000
South East - £34,000
South West - £30,000
West Midlands - £28,000
East Midlands - £30,000
Northern Ireland - £27,000
Yorkshire/Humber - £28,000

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