Chartered Institute of Management Accountants

27 July 2006

The May 2006 results mark the third diet of exams of CIMA’s new syllabus, and again recorded a variety of performances from students at both the Managerial and Strategic levels and with the Test of Professional Competence in Management Accounting, TOPCIMA.

The overall pass rates in six of the ten professional papers were broadly consistent or showed a marginal improvement on November 2005, namely papers P1, P4, P5 and P8 at Managerial level, P6 at Strategic level and for TOPCIMA. The pass rates for papers P7 at Managerial level and P3 at Strategic level dipped slightly when compared with November 2005.

However, Papers P2 and P9, remain of some concern – with pass rates for these two papers around 40% there is clear scope for improvement.

On the prize-winner front, once again, we have some excellent student performances spread throughout the world. Prize winners and commendations in individual papers include students from the UK, Ireland, Sri Lanka, Brunei, Poland, Hong Kong and the USA, working for companies as diverse as Shell, BP, Abbey, Deloitte, Jardines, Fujitsu, Reuters, Cadbury and the UK Severn Trent Water plc. It is particularly encouraging to note the very wide range of entry routes followed by the prize-winners prior to studying for their exams, showing that the CIMA qualification is achievable for those who are dedicated and committed in their studies.

While it is pleasing to note the slight increase in the pass rate for the final test of professional competence, TOPCIMA, there remains room for improvement in the performance overall.

CIMA would advise that students of TOPCIMA, and all of the other papers, that there is a dedicated area for student support, packed with tips and advice for success in the official student section of the website at cimaglobal.com. This includes general crucial tips for exam success, student guides, and post-exam guides focusing on performance in all past papers. These are invaluable tools for exam success, and CIMA would highly recommend that this area of the website is accessed regularly. 

- ENDS -

For media enquiries only, please contact:

Steven Hilton,
Press Officer, CIMA
+44 (0) 20 8849 2427
steven.hilton@cimaglobal.com

Notes to editors

1. CIMA (the Chartered Institute of Management Accountants) is the only international accountancy body with a sole focus on business.  It is a world leading professional institute that offers an internationally recognised qualification in management accountancy, focusing on accounting in business, in both the private and public sectors. CIMA is the voice of over 155,000 members and students in 158 countries and is responsible for the education and training of management accountants who work in industry, commerce and not-for-profit and has more members in the public sector than any other UK based body.  CIMA prides itself on the commercial relevance of its syllabus, which is in tune with the activities of high performance organisations, and evolves continually to reflect the latest developments in global business.  It is committed to upholding the highest ethical and professional standards of members and students, and to maintaining public confidence in management accountancy.  For more information about CIMA, please visit http://www.cimaglobal.com/

PASS RATES: May 2006

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