MyCIMA

Career crossroads

Replies : 1
Keywords: career, studying

Evening all

Need some advice/opinions if I may. I'm 36 and have worked in general accounting roles pretty much since leaving school. Been with my current employer for nine years, and am probably guilty of becoming too comfortable, although I have progressed career wise. Things are now rather up in the air regarding their continuing presence in the UK, which has got me belatedly reviewing my situation. I find myself in the curious position of not being hellbent on maximum career progression or salary, but at the same time not wanting to sell myself short. With the climate the way it is, I suddenly feel rather vulnerable only having experience and an 11 year old HNC behind me, so I'm looking to study more as a refresher/insurance policy than outright career progression. I've been looking at the CIMA CBA and AAT, as both are relevant to my work experience, but I'm really in a bind as to which I should go for. Part of me thinks AAT would be a better all round qualification, but that perhaps it's slightly late in the day to be doing it and that the CBA would be a better choice. I then start fretting that I'm not sure I really want to focus solely on management accounts, so would CIMA be too narrow? This has resulted in worrying about both whilst doing neither, which is pretty much the worst of both worlds. I have no doubt I'm capable of CIMA, it's just I'm not sure that's the best motivation for doing it? I appreciate this is a CIMA board, but there appear to be plenty of folks here with experience of both, so opinions would be most welcome.

Phil

 

My opinion

Forget CBA. Its not valued in industry.

I would forget AAT too. I got the qualification after much study and went on to CIMA. I was very inexperienced and therefore AAT was a good grounding. If you have 11 years experience I would go straight on to certificate level and save time.

Don't think CIMA is all about costing or process accounting. The term management accountant encompasses anything regarding the commercial and industrial sector as opposed to practice. If you want to work in this area CIMA or ACCA are your best bet. Both are highly regarded. Each claims to be the best.