GCC-based CIMA students scored top honors at the Chartered Institute of Management Accountants (CIMA) May 2014 exam results, which was announced early last month.
Noel Tagoe, Executive Director, Education at CIMA, said:
"It is very pleasing to note that the pass rates for most papers have been maintained or have improved when compared with recent examination sessions, and in particular, there are excellent performances in papers E1, Enterprise Operations, and F2, Financial Management."
"It is extremely pleasing to see that there are, as we have come to expect, some excellent student performances from around the world. This highlights CIMA's ethos, that dedication and hard work can produce exemplary results. These results also show that the CIMA qualification is increasingly seen as a global passport to success."
From the GCC region, Mohamed Aboobaker and Biju Mathew, both from the UAE, ranked second and fourth respectively in the CIMA worldwide ranking. The top ten GCC prize winners include Biju Mathew, Saad Siddiqui, Jana Stefunkova, Qatrelnada Al-Khonji, Mennatullah Eltanbouli, Mansoor Riswan, Mohamed Aboobaker, Tushar Panigrahi, Dilipkumar Subramanian and Pragith Vadake Veettil.
Geetu Ahuja, Head of GCC at CIMA, said:
"It is a proud moment to see the GCC students feature among the top global scorers. As the region grows, fuelled by new growth opportunities it has led to a demand for skilled talent with relevant finance qualification. CIMA offers skills that are relevant to today's challenging business environment. It is also convenient as it provides a flexible study option including advice and guides for self-study."
Examination results letters include a breakdown of marks by question. This, together with the post exam guides, will provide students and tutors with valuable feedback.
All papers in the professional qualification will again be available in November 2014 in the GCC. Students have access to a wide range of free study support resources through the CIMAglobal.com website along with e-magazine Velocity and online community CIMAsphere.
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The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world's leading and largest professional body of management accountants, with over 218,000 members and students operating in 177 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers' choice when recruiting financially-trained business leaders.
Professionalism and ethics are at the core of CIMA's activities with every member and student bound by robust standards so that integrity, expertise and vision are brought together.
CIMA has formed a joint venture with the American Institute of CPAs (AICPA) to establish the Chartered Global Management Accountant (CGMA) designation. CGMA is the global quality standard that further elevates the profession of management accounting. The designation recognises the most talented and committed management accountants with the discipline and skill to drive strong business performance.
CIMA is proud to be the first professional accounting body to offer a truly global product in the fast-moving area of Islamic Finance.
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© Press Release 2014
