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Legal and Regulatory
Candidates are required to demonstrate their knowledge in this section. Candidates are required to answer nine out of 20 questions correctly in this section. CIMA BA1 Dumps cover all questions of CIMA BA1. This section is a practical test which requires you to do both research and interpretation on specific topics. You will be required to research three different topics, and you will also have to explain your findings in relation to those topics. Candidates are required to demonstrate their professional competency by answering 12 out of 20 questions correctly in this section.
Certification Path of CIMA BA1 Certification Exam
Through the CIMA Certification Path, you can acquire the chartered qualification: CIMA CPA/CMA. The BA1 certification exam is considered as a first step towards your Chartered status. The path after this first step can be short or longer depending on the chosen qualification:
- BA1 (certification route) to CIMA (Chartered qualification)
- Chartered Qualification in Management to Fellow of Institute of Management Accountants, or
- Chartered Qualification in Accountancy to Fellow of Institute of Chartered Accountants in England and Wales (FCAEW), or
- CAI Fellowship Programme, which is essentially an equivalent route for those who already hold a Bachelor's degree.
It took less than 6 months for me to pass the CIMA BA1 Certification Exam. The CIMA exam is not too difficult and you do not need to memorize much information from books or online. The test is quite straight-forward and the hardest part might be the research.
CIMA BA1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Macroeconomic and Institutional Context of Business | 25% | - Macroeconomic Policy and National Income - Role of Financial Institutions - Government Economic Policy Impact |
| Financial Context of Business | 25% | - Financial Mathematics Basics - Financial Markets and Instruments - Exchange Rates and Interest Rates |
| Informational Context of Business | 20% | - Big Data and Data Analysis - Information Systems for Business Decisions |
| Microeconomic and Organisational Context of Business | 30% | - Demand and Supply Analysis - Market Structures and Competition - Organisational Behaviour and Market Forces |
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