The CIMA Business Economics course will start by explaining the
differing goals of profit-seeking organisations, not-for-profit
organisations, and governmental organisations and how this affects
decision-making.
You will also examine the market system and the competitive
process, and how the nature of competition changes in different
market structures. And you'll look at the factors leading to
liquidity surpluses and deficits in households, firms and
governments.
The Business Economics course will also look at the role of
national and international governmental organisations in regulating
and influencing the financial system. You'll also look at
globalisation.
You don't need any previous experience or qualifications to
enrol in our CIMA courses. That's because we believe in making home
study - and a rewarding future - as accessible as possible.
However, you will need a good standard of maths, and a solid grasp
of English.
With the skills you gain from the Fundamentals of Business
Economics and other papers that make up this qualification, you
will be able to provide accounting, management and finance skills
from a variety of roles within business. You'll be in demand for
positions as diverse as systems analyst, sales manager, Chief
Financial Officer or consultant, depending on your particular
interests.
On completion, you'll receive the CIMA Paper 4: Fundamentals of
Business Economics qualification.
Completion of Papers 1 to 5 qualifies you for a CIMA Certificate
in Business Accounting.
Awarding Body
CIMA is the world's largest and leading professional body of
management accountants with 172,000 members and students in 165
countries. The papers we offer make up the Certificate in Business
Accounting. It is the entry level accounting qualification for
students with little or no accounting background and is a
recognised qualification in its own right which is valued by
employers.
In order to complete the course, you'll need to undertake three
formative assessments (set by ICS) during your course and one final
exam (set by CIMA).
Formative Assessment 1
- 10 multiple-choice questions and 4 scenario-based
questions
Formative Assessment 2
- 10 multiple-choice questions and 4 scenario-based
questions
Formative Assessment 3
Final Exam
- A computer-based exam consisting of 50 questions which must be
completed within 2 hours
Notes
Scenario-based questions use hypothetical scenarios to test your
application of knowledge. These questions are typically
multi-part.
Generally, assessments can be sent to us online via the ICS
Student Community: it's the fastest way to receive your
results.
The format of the exam is subject to change. The details
provided are intended only as a guide and should not be regarded as
definitive.
Note that you will be required to register with CIMA to sit the
exam.
Because we're experts in home learning, ICS knows about and
offers all the support you need along the way.
You'll receive study materials that have been specially designed
for distance learning by experts in your chosen field.
You'll receive CIMA approved study materials, including the CIMA
Official Learning System (the only test written and endorsed by
CIMA).
You'll have access to an experienced personal tutor both online
and over the phone, ready to help you with guidance and
motivation.
You'll also be part of the ICS Online Student Community, where
you'll have access to library materials and your account
information, as well as vital links with your fellow students, with
the chance to discuss your work, ask questions and make new
friends.
130 hours
(That's equivalent to 2 ½ hours of study a week over the
12-month support period)
There are CIMA registration, exam and exemption fees that are
additional to your course fees:
- CIMA Registration Fee: £63
- Exam fees: £45 per paper
- Exemption fees: £45 per paper
Find out more information about arranging your examinations.
See your course content
You can either pay for your CIMA Fundamentals of Business
Economics course in full or opt for a monthly payment plan.
Course fee: £229 (excluding discounts)
Or speak to one of our course advisors now for payment
plans.
There are CIMA registration, exam and exemption fees that are
additional to your course fees:
- CIMA Registration Fee: £63
- Exam fees: £45 per paper
- Exemption fees: £45 per paper
Find out more information about arranging your examinations.