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Question on the CIMA Exemptions

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Hi All,

I've recently completed AAT Level 3, just started Level 4 this month. Currently working in Industry and plan on staying in Industry for my career so naturally I'm thinking after AAT Level 4 I'd like to work towards the CIMA qual.

My question is regarding the CIMA exams I would be allowed exemption from with a Level 4 AAT. Do you think it would be worth it to take them anyway? Part of me believes that I need to get the qualification under my belt and that it could be an unnecessary expense. Another part of me thinks that it would give me an insight into how CIMA frame things differently to AAT. As an apprentice I'm also taking a Level 4 qual in Business Skills for Accountants (my college have told me this was implemented about 2 years ago) which from what I've looked into so far is leaning more towards what CIMA is about?

I started AAT from Level 2 (my sixth form didn't offer an A Level in Accounting) and, whilst the year was not mentally challenging, it proved to set a good overall foundation on how AAT functioned. My worry is that skipping out on the exams in CIMA could mean me potentially missing out on something similar.

Any advice regarding CIMA in general, information regarding the exams I would be exempt from, and the experiences from those who took the exemptions and those who didn't take them would be extremely helpful. Unfortunately I currently work in a relatively small business where my manager didn't take CIMA and my FD went into CIMA via the graduate route, so there is only so much I can ask; although both have proven extremely useful with my studies.

Apologies for what seems like an overly detailed question I just wanted to try and cover all of the bases regarding this.

Thanks in advance.

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