Thursday, July 17, 2008

CIMA equivalent to Masters degree


The CIMA (Chartered Institute of Management Accountants) professional qualification is equivalent to a Master Degree, the independent UK agency responsible for government scoring of immigrants’ qualifications has said.

A point score of 35, the same as an MSc, has been awarded to the CIMA professional qualification by UK NARIC, the independent body that assesses and scores qualifications from around the world. The UK government uses this information on its official database to benchmark qualifications held by potential immigrants to the UK under its highly skilled worker programmes.

Robert Jelly, CIMA’s Director of Education, commented, ‘CIMA is delighted to be awarded this rating by an independent body that objectively ranks the value of various qualifications. This shows the prestige the CIMA professional qualification holds in the UK and throughout the world and demonstrates the portability of the qualification, enabling individuals to work and study wherever they wish.

‘It is further proof of the relevance of the CIMA qualification to business and the strategic value our members add to organisations. We are pleased to see CIMA achieve this further recognition from an authoritative UK government agency.’

The National Recognition Information Centre for the United Kingdom (UK NARIC) is the national agency providing the sole British official source of comparison information and advice on international education and training systems and overseas skills and qualifications.

It is part of a wider network of information centres (ENICs) across Europe and also including Australia, Canada, New Zealand and the USA. It helps individuals and organisations understand qualifications and skills from across the globe enabling pursuit of employment and education opportunities in the UK.

Former accountant named top media power...

A former accountant turned venture capitalist has been named as one of the most powerful people in the UK's media industry by a newspaper.Patrick McKenna was ranked ninth by the Guardian newspaper in its annual assessment of the most powerful people in the media sector.It judges candidates on factors such as their economic, political and cultural influence on Britain.

Mr McKenna has previously worked for financial services firm Touche Ross, having been made a senior accountant at the age of 28, the newspaper noted. The publication described him as "the financial svengali to much of the UK media and entertainment industry, the deal-maker with the Midas touch".

Touche Ross merged with Deloitte in 1990, creating Deloitte & Touche. In 1993, the international firm became Deloitte Touche Tohmatsu.It has now seen 14 consecutive years of growth and last year was the fifth in a row when it enjoyed double-digit increases in revenue.