CIMA (Chartered Institute of Management Accountants) Wednesday launched a fast-track route for MBA holders to become CIMA qualified – the CIMA Masters Gateway (CMGA). MBA holders around the world, who are interested in professionalising their CV, can study for one fast-track exam to gain the CIMA Advanced Diploma in Management Accounting qualification and then progress to CIMA’s strategic level.

Robert Jelly, Executive Director of CIMA

Education, said: “MBAs have come in for a rough ride recently – primarily because of claims they do not have a strong ethical backbone. Everywhere there is a renewed emphasis on professionals who are guided by principles rather than expediency.

“Professional qualifications, like CIMA’s, oblige their members to not only study the fundamentals of business ethics but to apply them throughout their careers. Our new fast-track route for MBA holders is a pioneering initiative that offers business managers a chance to gain a professional and competitive edge.”

A fee of £500 includes registration, first year subscription fees, the exam and online study packages.