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If you already possess a degree in accounting, and you are working in the profession, then it is possible to sit the CIMA BA1 Certification Exam. You must have a minimum of two years of full-time experience as a qualified accountant before sitting the exam. Those who do not manage to obtain this experience before sitting the exam, they will still be able to sit for the exam after this period has passed. All applicants must have passed the first level of CIMA exams before sitting for this exam. This is a crucial pre-requisite as candidates cannot sit for this exam after they have already passed their first-level CIMA exams.
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The exam fees are 128 USD for CIMA members and 146 USD for non-members.
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CIMA BA1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Macroeconomic and Institutional Context of Business | 25% | - International trade and globalisation - National income and economic activity - Economic growth, business cycles and price levels - Monetary and fiscal policy - Exchange rate systems and balance of payments |
| Informational Context of Business | 20% | - Role of information technology and big data - Presentation and interpretation of business data - Data types, sources and characteristics - Index numbers and time series analysis - Probability and basic statistical techniques |
| Microeconomic and Organisational Context of Business | 30% | - Demand, supply and market equilibrium - Market failure and government intervention - Business objectives and stakeholder influences - Price elasticity and revenue effects - Market structures and pricing behaviour |
| Financial Context of Business | 25% | - Functions and structure of financial markets - Interest rates and their impact on business - Time value of money and discounting - Financial institutions and their roles - Simple and compound interest, annuities and perpetuities |
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