The Chartered Institute of Management Accountants (CIMA) has announced strong growth results for 2013, as the institute continues to expand its presence in the United Arab Emirates.
CIMA, the world’s largest professional body of management accountants, enjoyed a substantial growth in the UAE where it saw more than 25 percent growth in the number of students choosing to register with CIMA and work towards their Chartered Global Management Accountant (CGMA) designation and other qualifications. CIMA also welcomed new members, with membership in UAE increasing by 13 percent.
Geetu Ahuja, Head of GCC, CIMA said: “CIMA’s growth results are extremely promising and we hope to continue and build on this momentum to support aspiring student and professionals in the region. CIMA’s professional qualification is widely preferred as it is relevant to businesses of all sizes and it also offers students the flexibility to complete the global qualification while pursuing an educational degree or a full-time career.”
To help students become better equipped for the workplace and develop proficiency in business and finance, CIMA recently partnered with several local universities such as the Canadian University in Dubai, CORE International Institute of Higher Education FZE (CIIHE) in association with Birla Institute of Technology, Ranchi and the Abu Dhabi University.
Globally, over 33,500 new students joined CIMA last year, taking the total member and student population to more than 218,000.
Andrew Harding FCMA, CGMA, Managing Director, CIMA, said: “I am delighted that we have continued to see strong growth in key and developing markets. This is further evidence that young people and employers across the world see CGMA as a vital designation for a successful career in business and finance.”
“Our highly successful joint venture with the American Institute of CPAs continues to gather pace as the CGMA designation is embraced by businesses across the world. The importance of the designation is emphasised by a population of over 130,000 CGMA professionals who are shaping the strategic direction of organisations ranging from start-ups to global giants.”