CIMA Professional Qualification Operational Level (E1, P1, F1)

CIMA Professional Qualification Operational Level (E1, P1, F1)
Enquire Now

Who is CIMA?

CIMA is the market-leading, global business qualification, providing financial knowledge for use within commercial and business finance sectors. CIMA provides training qualifications in Management Accountancy and other related subjects. CIMA has a global network of over 650,000 current and next generation finance professionals, across 179 countries.

There are two CIMA qualifications available - CIMA Certificate in Business Accounting & the CIMA Professional Qualification.

Is the CIMA Professional – Operational Level right for me?

At Operational Learn you will learn to master fundamental principles of Management Accounting and start making financial decisions with short-term goals in mind.

If you have already completed the CIMA Certificate and exams or have some experience in accounting, this course would be suitable for you.

on gaining full CGMA status with CIMA, you would also be required to start your studies at this level.

Download our CIMA Study Path Infographic

Course Overview

The CIMA Professional – Operational Level will be the first step you take towards becoming fully qualified with CIMA and gaining full CGMA status.

You will study three subject areas on this course:

  • E1 - Managing Finance in a digital world
  • P1 - Management Accounting
  • F1 - Finance Reporting

Once completed, you will have the required knowledge to make short term decisions and use appropriate data and technology to develop short term actionable plans from medium term decisions.

After completing the tests and Case Study exam, you will receive the CIMA Diploma in Management Accounting and will gain the designatory letters CIMA Dip MA.


  • E1 - Managing Finance in a digital world
    • Learn the central role finance plays within an organisation, as well as why and how the technologies you used can impact the finance function
    • Understand how to examine and use all data collected and processed to create or preserve value for your organisation
    • Discover how the finance function is structured and how it interacts with your organisation, to achieve the wider objectives
  • P1 - Management Accounting
    • Learn about costing and how it is used
    • Understand about the preparation and implemented of budgets and the impact it has on an organisation
    • Discover the essential techniques required to ensure effective short-term decision making, with risk management tools
  • F1 - Finance Reporting
    • Learn who the regulators are and what they do, as well as why and how these regulators are applied
    • Understand how to prepare financial statements using correct reporting standards
    • Discover how to calculate corporation tax and learn how to distinguish between different types of taxes
    • Review the tools required to ensure an organisation has enough cash to continue with its regular operation


  • Study CIMA wherever and whenever suits you best
  • Official CIMA approved course content
  • Improve earning potential with a CIMA qualification
  • CIMA members (CGMAs) earn an average of £66,000 per annum*
  • 63% of CIMA students expect to receive a bonus within 12 months of qualifying*
  • There are a wide range of job roles, including financial, consulting and management
  • Tutor Support available
  • Case Study Familiarisation Workbook
  • Self-paced study enables you to determine how quickly you can progress

* Source - 2019 Association of International Certified Professional Accountants Salary survey

Exam Info

Objective Test

The Operational Level has a 90-minute, computer-based Objective Test.

Objective Tests include a range of number entry questions, short multiple-choice questions, drag and drop questions, and more. They will test all component learning outcomes you have covered within this course.

This test is computer-graded, and you will receive a provisional grade of pass or fail immediately. Official results will be sent out within 48 hours.

Your exam can be taken at any Pearson Vue Test Centre around the world, with a choice of 5,000 centres.

You will also take a Case Study

The Operational Level will conclude with a Case Study Examination, which integrates the skills, techniques and knowledge, gained across the three subjects covered. These Case Study Exams are available four times a year: Feb, May, Aug & Nov.

The role simulated in this Case Study is that of an Entry level finance professional. You will be provided with a simulated context, allowing you to demonstrate you have acquired the necessary knowledge, techniques and mindset for that role.

These Case Study exams are human marked, and you will receive your results five weeks after the close of the Case Study window on your MY CIMA account.

Designatory Letters

As you progress through your CIMA qualification journey you will gain the following designatory letters:

Certificate in Business Accounting

Once you have successfully completed the BA1, BA2, BA3 and BA4 exams, you will gain the designatory letters CIMA Cert BA.

Professional - Operational Level

After completing the tests and Case Study exam, you will receive the CIMA Diploma in Management Accounting and will gain the designatory letters CIMA Dip MA.

Professional - Management Level

After completing the tests and Case Study exam, you will receive the CIMA Advanced Diploma in Management Accounting and will gain the designatory letters CIMA Adv Dip MA.

Strategic Level

On completion of the Strategic level tests and Case Study exam, you will be eligible to submit your practical experience for assessment.

The practical experience requirement (PER) is an essential part of the CIMA Qualification and CIMA’s application process. It complements assessments and demonstrates your ability to apply knowledge and skills in the context of your professional experience.

Your PER application will be assessed to determine whether you have gained sufficient experience to be awarded Associate membership – giving you the Associate Chartered Management Accountant (ACMA) and Chartered Global Management Accountant (CGMA) designations.

In order to become a Chartered Global Management Accountant (CGMA), you require a minimum of three years verified relevant work-based practical experience.

E1 Managing Finance in a digital world
  • A. Role of the finance function
  • B. Technology in a digital world
  • C. Data and information in a digital world
  • D. Shape and structure of the finance function
  • E. Finance interacting with the organisation
P1 Management Accounting
  • A. Cost Accounting for decision and control
  • B. Budgeting and budgetary control
  • C. Short term commercial decision making
  • D. Risk and uncertainty in the short term
F1 Finance Reporting
  • A. Regulatory environment of financial reporting
  • B. Financial statements
  • C. Principles of taxation
  • D. Managing cash and working capital
Course Code
Online Course
Course Access
1 Year
Exams Included
1 gigahertz (GHz)
1 GB
Operating Systems
Windows 7
Windows 8
Windows 10
Mac OS
Internet Explorer 8 or above
Google Chrome
Safari 6 or above
Mozilla Firefox
Windows, Mac, iPhone, iPad, Android