List Of Skills Every CIMA Candidate Should Have

One of the most recognizable credentials for financial professionals around the world is the CIMA qualification. Obtaining your CIMA certification demonstrates that you have the abilities and understanding necessary to perform in positions outside of accounting.

Being a CIMA accountant gives you additional credibility and standing as a professional because you are a part of the largest professional organisation for management accountants in the world, which has more than 229,000 members in 176 countries.

CIMA course opens the doors to multiple high-calibre opportunities for every accounting professional. But there are two things that matter the most, getting proper guidance and having the right skill set for building a great career. Let’s see where you can get the right guidance and what skills you should be focusing on.

Skills Required For CIMA

The skills required for CIMA can be divided into two parts, technical skills and soft skills. Technical skills ensure that you are a perfect fit for the position and will be able to carry out all assigned duties with ease. Meanwhile, soft skills will allow you to execute those technical skills with ease and help you maintain a professional attitude all the time. It also helps you to socialise and network in the company.

                    Source: Freepik

Technical Skills Required For CIMA

Management Skills

These skills are extremely important today because a financial professional must interact with diverse teachers at various administrative levels while also attempting to mentor and lead workers at the lowest levels.

Ethics and Professional Attitude

Keeping in mind the constant changes, the entire focus of CIMA is on ethics and a professional demeanour. Young businesspeople are urged to make moral decisions at all levels of their organisations. The educational program aims to produce elite professionals with high moral values while also disseminating knowledge on how to handle morally challenging situations.

Business Skills

While India’s entire youth yearns for startups, it needs academic preparation that fosters creative skills. The CIMA educational program grants abilities for creating business policies, conducting macroeconomic research, and other things.

Leadership Skills

With developing difficulties of market changes, innovation headways, and globalisation, an administrator should be on his toes. Consequently, in this period, wherein change is consistently around the bend, it will be valuable for the possibility to have administration ranges of abilities. CIMA test designs, particularly the case studies, are planned in such a way in order to examine the administration and decision-making capacity of the students, in this way sharpening their initiative aptitudes.

Collaborative Mindset

A collaborative mindset becomes the base of a strong team. It not only enhances interpersonal relationships, but a collaborative mindset in the leader can also help create a positive view of the workplace and improve productivity.

Master in negotiations

Strong negotiating abilities may be the only thing standing between a win and a loss. Because it leads to success, negotiation is crucial in business. There will always be conflict in life, and being able to resolve it is crucial, especially in the business world.

Soft Skills Required For CIMA

  Source: Pexels

Enthusiastic Approach

Inaction on the part of businesses damages them. It’s crucial to think creatively and develop original concepts and designs. Because people are drawn to companies, concepts, and other things that are confident and take the initiative, there will be even less opportunity for staying in the safe middle in the future.

Attention to detail

A high level of attention to detail in the workplace can lead to high-quality work that is both consistent and reliable. Attention to detail also helps avoid silly mistakes, boost critical thinking and have exceptional organisational abilities.

Active learning and learning strategies

Fundamentally, active learning enables everyone to engage in activities other than passive listening. To promote deeper learning outcomes, it calls for their involvement, engagement, and collaboration in class. Additionally, it strengthens the problem-solving and critical thinking abilities that are crucial for all professionals in the field.

Resilience

Perhaps the most crucial trait to possess is resilience, especially in times of crisis or any kind of upheaval. You can survive a shock, take important lessons from it, and move on if you have resilience. In order to master change management, it is crucial.

Adaptability

It will be more crucial to quickly pick up new skills and adapt to new situations, environments, programs, etc. Change happens quickly and continuously because we’re always trying to improve upon what has already been done.

As a result, you’ll need to keep up. Don’t get stuck on outdated practices; it’s crucial to adjust to technology’s rapid advancements.

Critical and Creative thinking

Because of people’s creativity, the workforce is changing. For example, robots were created by humans. An architect’s design of a building is an example of how creativity requires some intuitive unpredictability that can currently not be replicated by machines. Sometimes, things just seem to fit for no apparent reason.

Finding opportunities and ideas that you believe will be significant in the future by taking a close look at the world will be beneficial. You’ll need to see opportunities that others might miss. You need to stop letting your assessments of feasibility and practicability obstruct you and start seeing potential.

Rational and Problem-solving skills

Employers do not seek out employees who are unwilling to alter their way of thinking. Professionals who adopt new ways of thinking and develop creative solutions to issues are viewed as important team members in their approach to work. The need for accounting and finance professionals with problem-solving skills will rise as more companies adopt new technologies and change how they conduct business.

How Does IMS ProSchool Provide The Guidance Required For CIMA Students?

Apart from being awarded the Best Learning Partner of the Year by CIMA India, IMS ProSchool has trained over 20,000 employees and 2000 students on various CIMA qualification levels. They have a proven track record for the success and effectiveness of their active learning method.

The students get mentored by CIMA qualification holders and industry experts. Their rich experience acts as a strong pillar for the students and helps them gain practical knowledge.

Additionally, Proschool provides a 9-month PGP in Management Accounting program, which is India’s quickest route to CIMA certification. With a focus on core skills, their module is perfect for both students and professionals.

Now that you know what proper guidance can get you, let’s move on to the skills you’ll need as a CIMA qualification holder.

Conclusion

Adding CIMA qualification to your resume can set a new and better path for your accounting career. But with that, it is also essential to learn these essential skills and keep improving yourself. In IMS ProSchool, you’ll be mentored to adapt to multiple skills and will develop a versatile skill set of all in-demand skills.