Lankans remit Rs. 240 m for CIMA exams

Hathoon Sheriffdeen

ACCOUNTANCY: The Chartered Institute of Management Accountants (CIMA) has provided 300 professionals to the employment market, with advanced professional skills. Many of them are in senior positions in leading organisations in Sri Lanka.

A CIMA qualification is a solid professional qualification in the international labour market, Divisional Manager, CIMA Sri Lanka Division, Anura Alwis said.

Sri Lankan Students pay pounds as fees to CIMA London remitting around Rs 240 million a year, he said.

"On this account CIMA Sri Lankan Division has recorded 12000 students studying for CIMA in Sri Lanka. We generate around 350 pass graduates to the local labour market per year. Apart from this 1800 Sri Lankan members are residing in Sri Lanka and another 1800 of them are living overseas. This shows the high visibility of the CIMA qualification and the match of anybody with their varying state and the recognition it has worldwide." Alwis said.

"Once in six months a student pays around Rs 100,000 for his or her CIMA admission, subscription and the examination remittance in Pounds to CIMA London. We provide lectures and tutorial services to around 2500 to 3000 students in twelve months time," Vice President ABS Limited Wasantha Fernando said.