CIMA Salary Survey 2013 reveals rising earning potential for Management Accountants in the UAE

CIMA qualified members earn on average basic monthly salary of AED 47, 765

6.2% increase when compared with 2012 average basic salary figures for qualified members

UAE, Dubai - 10 December, 2013: The annual salary survey conducted by the Chartered Institute of Management Accountants (CIMA) shows that in 2013, qualified CIMA members in the United Arab Emirates are earning on average AED 47,765 in basic monthly salary plus AED 3,571 in bonus payments. Meanwhile, part-qualified CIMA students are earning on average AED 16,950 in basic monthly salary plus AED 867 in bonus payments.

The 2013 survey results for average basic salaries represent a 6.2% increase on the equivalent 2012 figures for CIMA qualified members.

Geetu Ahuja, CIMA Head of GCC, Middle East said, " The CIMA annual salary survey reiterates the impact of professional qualifications on earning potential, salary satisfaction and the ability to realise ambitions such as moving to a new organisation, or working abroad. 2013 survey results indicate that 80% of members and students agree that the CIMA qualification has strengthened their ability to move internationally with their career.

The key motivator at work for CIMA members and students is a good working environment (59%), flexibility or work-life balance (34%), financial reward (39%), job security (30%) and a challenging workload (30%). The skills qualified CIMA members most want to develop, over the next 12 months, include strategic planning and implementation, and leadership.

Only 6% of qualified members and part qualified students see themselves in the same role in three years' time, further suggesting the presence of a high degree of mobility and promotion prospects. Among all members and students, 30% plan to find another job over the next six months and a total of 67% expect to move job within the next two years, one-third of who wish to relocate abroad, preferably in Australia and the USA.

For the 2013 UAE Salary Survey, please click here

About the 2013 Salary Survey
The Salary Survey was conducted online by CIMA between 25 April and 19 May 2013, and the data was analysed and reported by an independent specialist consultancy. Within the study period 6,039 responded internationally, including 64 from the United Arab Emirates.

The Chartered Institute of Management Accountants, founded in 1919, is the world's leading and largest professional body of Management Accountants, with over 203,000 members and students operating in 173 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 rigorous 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.

CIMA is proud to be the first professional accounting body to offer a truly global product in the fast-moving area of Islamic Finance.

For more information about CIMA, please visit www.cimaglobal.com

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Priscilla Stanley
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Nesreen Bakheit
Ketchum Raad Middle East
T: + 971 (0)4 425 8991
E:Nesreen.bakheit@ketchum-raad.com