Advantages of Doing Dual Specialization From CIMA Institute

Alina Parker
The Dark Side
Published in
4 min readAug 12, 2022

There is a growing demand for specialized higher education programs, as many educational institutions are now giving dual specialization programs. This opportunity for students combines more than one interest subject and pursue a specialized degree for the same is one of the most efficient study packages available nowadays. These dual accounting and financial management specialized Chartered Investment & Management Accountant (CIMA®) programs. The program structure is designed in such a way that is takes out smoothly. It is the best blend of concepts in a manner that the students can learn and cope with both.

dual specialization from CIMA institute

Let’s understand the top benefits of doing dual specialization in management accounting qualification with CIMA Institute.

Better development in global professional employability

Investment & management accounting is the best dual top-level specialization for working and aspiring accounting and financial management professionals as well as for students of business, finance and accounting. And the CIMA® credential is among the highly powerful qualification in investment & management accounting. Making the students and trainees to finish of their CIMA® program during their Master’s, or at time of their preparation for other accounting qualifications enhances their career possibilities.

Innumerable possibilities for trainees in accounting and finance

As official CIMA® Professional Educators, accounting and finance training & coaching institutions get the opportunity of formally offering CIMA® to the aspirants of their training and exam-prep programs of other accounting and finance certifications. A career-oriented super dual specialization qualification in investment & management accounting like CIMA® reduces risks and empowers the career preparation and planning of aspiring accounting and finance professionals who are registered in chartered accountancy, company secretary-ship, cost accountancy, financial analytics and public accountancy training programs.

Job security and with high privileges for accord

When an individual is skilled in more than one aspect, they have numerous chances to get employed as well as the increase in job security. This will also improves the performance at work besides enabling better secured job against the growing global job cuts. While professional bodies and associations featuring on the CIMA® accord list are provided by the exclusive opportunity to refer and recommend firms that can become CIMA® educators, their members are also provided the CIMA® management accounting qualification program at a special fee and exam-exemptions in select standard CIMA® modules through the Professional Pathway program. Individual members of professional bodies available in the CIMA® accord list are given the CIMA® program at a special fee, and the CIMA® Professional Pathway track is present for members of these bodies holding certifications or qualifications in accounting or finance from national/regional standards bodies or professional associations in accounting or related streams.

The power of dual specialization

CIMA® accounting and finance certifications offers the power of dual specialization in investment accounting and management accounting. While the management accounting specialization boosts for directly impacting growth, profits and competitiveness of firms; the investment accounting specialization puts an individual in a rarefied league of people with knowledge in monitoring, tracking, analyzing and accounting the performance of investments made by firms in a complex mesh of multiple national markets, regulatory environments and tax regimes.

Growing market trends and Networking

The growing market trends are always considered as the main need for career selection process. One must strategically choose for dual specialization in accounting and financial management as this gives ways to the many spaces. With the diverse set of skills, an individual will have an opportunity to reap benefits of the market trends instead of being a victim of the same. CIMA dual specialization gives a perfect platform to develop an individual’s professional network and also ensures them to be a great entrepreneur, leader as well as a team player.

High entrepreneurial edge with versatile career selection

Choosing for a dual specialization management accounting qualification gives opportunity to explore more career options. Many are armed with the desired skills which are in-demand with the current industry wherein they acquire an upper hand over others. They attain a large pool of knowledge when it comes to subjects and the related skills. The management accounting qualification specialization gives every individual with the knowledge of various types of specializations wherein they learn to face critical issues considering the challenges a business tackles.

To summarize

CIMA® credential is more appropriate for professionals who are looking to work in multinational corporations, investment banking, brokerage firms, mutual funds, hedge funds etc. , and also various business entities.

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Alina Parker
The Dark Side

Investment & management accountants Writer, Adviser, Researcher and Investor.