What is CIMA FLP?
Let’s have a sneak peek of CIMA FLP in case you are unfamiliar before we dive into exploring the program further:
The CIMA Finance Leadership Programme is a digitally oriented pathway that leads to attaining the CGMA Designation, which is a part of CIMA’s CGMA Professional Qualification.
Upon completing this program, you will be awarded the same qualification as you would get through CIMA’s CGMA Professional Qualification (PQ) pathway.
How does CIMA FLP work?
Let’s figure it out to address the elephant in the room!
CIMA FLP has a seamless and effective method that comprises passing various levels to get the certification. Just like PQ, CIMA FLP also has three main levels that consist of:
- Operational Level
- Management Level
- Strategic Level
To pass each level, you have to go through a process.
You learn a topic from the content. At the end of the topic, there are topic-level assessment questions which are also called TLA’s. It is important to note that there are around 300 topics and not all of them are assessed using TLA’s.
Topic Level Assessments:
Skill Set:
Competency Area and BSA:
Mock Exams:
- from CIMA Global
Regardless of which programme you choose, you will take the same case study exams, under the same exam conditions and to the same standards.
As it is clearly visible, case study exams must be passed to progress to the next level. You will be taking the case study exams along with the PQ students and will have the same papers. Furthermore, students are ineligible to sit for a case study exam without having done any of the assessment tasks and completed all relevant BSAs.
What is the difference between FLP and PQ?
CIMA PQ | CIMA FLP |
---|---|
You must attend the OT exams in proctored condition. | You don’t have to attend the OT exams. Instead, you must complete respective TLAs and BSAs for that level. |
You must schedule all of your exams. | There’s no need to schedule any exam except the case study. Case study exams must be given along with PQ candidates. |
You must study from third-party CIMA study materials and tuition providers. You can get tutor support from your local tuition provider or an online tuition provider. | You are given all the study material by CIMA in the learning platform. For the skills plus package, there’s no tutor support. If you need tutor support, the premium package must be subscribed to. |
You have the flexibility to find a learning provider according to your requirements. | Your learning provider is part of the subscription if you buy the premium package. |
You pay your fees per exam. (Once you decide to give the exam). E.g. GBP 120 for an OT exam (in installments) | You have to pay a one-time fee. Fees for skills plus are: ➡️ 1 year: £2,000 ➡️ 2 years: £3,400 ➡️ 3 years: £5,100 |
What will be the syllabus for CIMA FLP?
The syllabus for both the FLP and PQ exam is the same. You will be tested for the same topics in both exams.
You will be sitting for the same case study exam at the end.
How much does CIMA FLP cost?
Product | 1 year | 2 years | 3 years | ||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Core | £1,600 | N/A | N/A | ||||||||||||||||||||||||
Plus | £2,000 | £3,400 | £5,100 | ||||||||||||||||||||||||
Premium | £3,000 | £5,100 | £7,650 |
Source: CIMA Global
The only main difference between plus and premium is that plus does not provide tutor support and live sessions.
Skills Plus | Skills Premium | |
---|---|---|
Competencies Access to all competency areas across levels to develop in-demand skills. | ||
Business simulations Test your practical application of learning using scenarios and solving real business problems. | ||
Skills certificates Earn digital certificates by completing competencies across each level. | ||
Registration and student fees Get all registration and annual student subscription fees included in the price. | ||
Case study exam review course Prepare for the exam with a full course concentrating on case analysis, exam techniques and with graded mock exams. | ||
Case study exam fees Use credits included in the package to cover exam fees during your subscription for exams on all levels | ||
Diplomas and designation Receive diplomas or CGMA designation on completion of each level. | ||
Live sessions Attend expert-led live online classes for competencies and Case Study preparation. | ||
Expert tutor support Contact a tutor for further help and support if you get stuck. |
Should I go with CIMA FLP or CIMA PQ?
It completely depends on the exam preparation methods you have in your mind and the study modes at your disposal.
If you choose the CIMA PQ route then you can:
- Choose an offline/online tuition provider based on your priorities
- Can take the help of a tuition provider only for papers that you find difficult to pass (and study for the rest of the papers yourself)
- Pay in installments. For FLP, you must pay one time, but for PQ, you pay per exam, so pay in smaller chunks which is a pocket-friendly way
If you choose the CIMA FLP route, then you can:
- Skip the OT exams and directly appear for case study exams
- Learn from anywhere at your own pace
- Study from material designed by CIMA experts.
That was it about CIMA FLP. We hope that you’re all clear now and ready to get a knack for it!
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