CIMA Professional Qualification Management Level (E2, P2, F2)

Advance your career in finance and business management with the CIMA Management Level, the second tier in the Chartered Institute of Management Accountants (CIMA) Professional Qualification. 

Designed for CGMA candidates and experienced finance professionals, this level focuses on cost management, financial reporting, and strategic performance analysis to support mid-level decision-making. Successful completion earns you the CIMA Advanced Diploma in Management Accounting (Adv Dip MA) – a valuable milestone on your way to becoming a Chartered Global Management Accountant (CGMA). 

With this globally respected qualification, you’ll be ready for roles such as Financial Accountant, Finance Manager, Management Accountant, or Consultant – and prepared to work toward senior roles like CFO or Finance Director. 

Who Is This Course For? 

This qualification is ideal for: 

• Current CIMA Operational Level holders progressing toward CGMA status 

• Experienced finance professionals aiming to deepen strategic and financial skills 

• Anyone looking to secure senior accounting roles or consultancy opportunities 

Entry Requirements:
✔ Completion of the CIMA Operational Level
✔ Proficiency in English
✔ Confidence with core mathematics
✔ Access to a Mac or Windows laptop/PC 

What You’ll Learn – Core Modules 

The CIMA Management Level includes three modules built around CIMA’s core pillars: Enterprise, Performance, and Financial. You’ll gain advanced knowledge of strategy implementation, cost control, performance measurement, and financial reporting. 

E2 – Managing Performance 

Understand how to improve organisational performance using strategic models, people management, and project delivery.
Key topics: 

• Business models and value creation 

• Leadership and people performance 

• Project management and strategic implementation 

P2 – Advanced Management Accounting 

Develop your ability to manage costs, evaluate investments, and analyse performance across departments.
Key topics: 

• Cost and value management 

• Capital investment appraisal 

• Risk analysis in medium-term decisions 

• Performance measurement frameworks 

F2 – Advanced Financial Reporting 

Master the principles of group financial statements, funding strategies, and integrated reporting.
Key topics: 

• Financing capital projects 

• Consolidated accounts and IFRS 

• Integrated reporting frameworks 

• Financial statement analysis 

Assessment Format 

To complete the Management Level, you must pass three objective tests and one synoptic case study exam. 

Objective Tests (90 minutes each): 

• E2: Managing Performance 

• P2: Advanced Management Accounting 

• F2: Advanced Financial Reporting 

Each is computer-based, multiple-choice, and can be taken on demand at any of 5,500 global Pearson VUE test centres or online. 

Case Study Exam (3 hours): 

Applies your knowledge across all three subjects to real-world business scenarios. Held during four set windows each year.
Results: Objective tests – within 48 hours; Case study – within 6 to 8 weeks. 

Please note: CIMA membership fees and exam fees are separate from the course price. 

Course Features & Benefits 

• Earn your CIMA Adv Dip MA designation
• Access to interactive eLearning platform – with videos, quizzes, and activities
• Award-winning tutor support – get responses within 24–48 hours
• Kaplan study materials included – digital and physical textbooks
• Mock exams, question banks, revision kits – prepare with confidence
• 12 months course access – learn at your own pace, from anywhere
• Interest-free instalment plans available
• TOTUM Pro student discount card
• Career progression support – explore your path to strategic-level finance 

Career Outcomes 

With your CIMA Adv Dip MA, you’ll be equipped for senior-level roles within finance departments or consultancies. 

Job Opportunities: 

• Management Accountant – strategic budgeting, forecasting, and reporting 

• Financial Accountant – responsible for statutory and financial statements 

• Finance Manager – oversee financial operations and team performance 

• Finance Analyst – provide insights to improve financial decisions 

• Cost Accountant – analyse cost structures to enhance efficiency 

• Project Accounting Manager – manage finances across business projects 

Salaries for CIMA-qualified professionals in these roles typically range from £40,000 to £70,000 in the UK, depending on experience and location. 

Next Steps After Completion 

Once you’ve successfully completed the Management Level, you can progress to the CIMA Strategic Level, the final step in your CGMA journey. From there, you’ll be eligible for the ACMA and CGMA designations – highly regarded by employers worldwide. 

What level is the CIMA Management Qualification equivalent to?
It’s equivalent to a Level 7 qualification – comparable to a Master’s degree. 

How long does this course take to complete?
Most learners complete the Management Level within 6–12 months, depending on study pace. 

Is CIMA recognised by employers?
Absolutely – 96% of FTSE 100 companies employ CIMA-qualified professionals. 

Can I take exams online?
Yes – all objective tests are available on-demand online or at a test centre. The case study exam must be taken during one of the four annual exam windows. 

What if I haven’t done the Operational Level yet?
You’ll need to complete the CIMA Operational Level (or an equivalent qualification such as AAT Level 4) before starting the Management Level. 

This course is delivered in conjunction with our partner, E-Careers.