The Chartered Institute of Management Accountants CIMA, have announced a reduction in its exam fees from April 4th, in response to the weakened power of the Naira against the Sterling Pound.
Reductions will range from 12.6% to 19.6% depending of the paper sat.
Samantha Louis, Africa Regional Director, said
“CIMA has historically operated a single global pricing strategy for all its members and students. But the current economies in Africa and exchange rate variations dictate that we relook our strategy in the plight to support our students’ progression.”
The new pricing format applies to all students in Africa and has a leveled approach recognising the price sensitivity of this market and its restrictive effect.
Ijeoma Anadozie said:
“The new pricing strategy is in line with our vision to help people and business to succeed. It will allow more Nigerians to become CIMA members and management accountants. This in turn will help Nigerian businesses, and will power up their decision-making abilities.”
The Chartered Institute of Management Accountants (CIMA) is the world’s leading and largest professional body of management accountants, CIMA members and students work in industry, commerce, and the public sector and not-for-profit organisations.