Tuesday, May 3, 2011

CIMA for enthusiasts eager to hit the top niche

With the ever-rising trend of hitting the top niche in the field of commerce, there dwells a bright scope for such enthusiasts with Chartered Institute of Management Accountants (CIMA) - the world’s largest and leading professional body of management accountants having 183,000 members and students in 168 countries.

Daily Times interviewed CIMA Vice President and British national Gulzari Lal Babber in Lahore on Monday.

Born in Lahore before partition and well in spoken Urdu and Punjabi, Gulzari said that he was visiting Lahore after 64 years. “I was very eager to visit my birth place. Last night I tried to search for my house situated near Sowa Bazar near Badshahi Mosque, but I couldn’t find it because of a lot of renovation work and relocation of houses and buildings has changed the map of the area. I am still happy to be here,” he told Daily Times.

Gulzari, who is currently visiting Pakistan to launch their third office in Islamabad on Tuesday (today) in the capital city of Pakistan – Islamabad, said that last year in order to cater to the demand for qualification CIMA Lahore office was inaugurated by late governor Salmaan Taseer on June 30, 2010. He said that CIMA launched its Pakistan office in Karachi in April 2009 and since then CIMA has received an overwhelming response from business and finance students.

He said that CIMA Pakistan achieved 100 percent growth over 2008 registrations in year 2009 (1st year of operation). In 2010 CIMA Pakistan contributed 1,169 students to global recruitment growth and has so far registered 418 students since the beginning of 2011. We forecast a growth of 1,500 new registrations in 2011 in Pakistan.

He said Pakistani students were very sharp and leading as in November 2009 exams one of CIMA’s Pakistani students Hassan Siddiq secured first position worldwide in paper P07 gaining 95 marks and 3rd position worldwide in paper P01.

CIMA has signed a Memorandum of Understanding with ICMAP and under this memorandum ICMAP members may be eligible to gain advanced entry to CIMA through the CPGA accelerated route. On successful completion of one paper CPGA, ICMAP members are granted exemptions of 11 papers out of total 15 papers of CIMA.

About CIMA Global Business Challenge 2011, he said that the CIMA Global Business Challenge is an international competition designed to bring out the best in the young business leaders of tomorrow. Teams come from the UK, Ireland, Hong Kong, Sri Lanka, India, Mainland China, Philippines, Malaysia, Pakistan, Singapore, South Africa, UAE and Australia. The winning team from each region in 2011 will compete in China in the final. Pakistan Final is on June 16, he said

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