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from PM to P1

Forums › CIMA Forums › from PM to P1

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Cath.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • August 18, 2018 at 11:50 am #468373
    pradee001
    Member
    • Topics: 8
    • Replies: 6
    • ☆

    Hiya John,

    I would really appreciate your advise on the following matter;

    I am currently studying ACCA with the plan to take PM on the 5th Sep 18, which in another 10-15 days! I gor offered a fantastic job at a reputable company where they would prefer me doing CIMA with me being gone not too far in ACCA ( I just passed F4 with exemptions in F1,F2 & F3) . I don’t mind changing to CIMA at all, but my question is can I do P1 instead of PM with the knowledge I gained form performance management ? will I have to watch all the lectures for P1 and do then do P1 or just sit for PM , then get exemption from CIMA ?

    I do know it is entirely up to me which way I want to go, but I would really like to know what your advise is.

    Many thanks John!

    August 22, 2018 at 11:53 pm #468984
    Cath
    Participant
    • Topics: 0
    • Replies: 448
    • ☆☆☆

    Hi John
    Both are good qualifications & both suitable for industry (if you could persuade your boss of this).
    I teach both PM and CIMA P1 as a freelancer and there is some definite crossovers – but there are also some new bits to learn ( traditional variances, cash budgets and operating statement are not really tested directly by FM but make a big section of CIMA P1).

    You will fortunately be pleased to see that linear programming, risk & uncertainty topics and advanced variances are also tested by CIMA (as PM)

    No learning curve or transfer pricing on CIMA P1 though – you’ll have to wait for CIMA P2 to tackle those topics!!

    Hope that helps
    Cath

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