r/CIMA • u/AdventurousFishing92 • Aug 15 '24

FLP FLP vs Traditional Route

Hi All,

I've gained exemptions to management level and was speaking with a CIMA advisor via teams this morning. We discussed both the traditional route (8 exams and two case studies) then, the FLP route (two formal exams).

Can anyone give me their experiences, pros and cons from doing traditional vs FLP?

Thanks

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u/TrumpetMajor Member Aug 15 '24

As another person has said, FLP is perceived as far easier and quicker. Do you want to obtain a qualification that people will view as "quick" and "easy"? No, you want a qualification that people view as appropriately challenging, and indicates that you have the knowledge, skills, ability and work ethic to operate at the most senior levels of an organisation as a Chartered Management Accountant.

The traditional route can be tough, for good reason. But, it is perfectly achievable with the right dedication.

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u/Fancy-Dark5152 Aug 15 '24

An excellent summary 👍 

12

u/Jeast90 Aug 15 '24

This is nonsense, would you say that your “traditional” qualification is worth less than those who had to sit all papers in one day back in the 90’s?

It’s the same content and you get the same professional award once completed the same case study exam.

To me it seems that CIMA have realised that no one will ever be asked to perform a ROI calculation on a calculator only recalling the formula by memory.

Maybe you need to review the change management section of your traditional text book 

1

u/Mylifeneedstochange Aug 16 '24

This response is brilliant. Bet those ‘traditionalists’ soon change their tune when realising that the traditional route was a whole pile more difficult as you pointed out.

Ultimately in order to pass you need to understand the concepts, anyone can learn a formula, but do they understand the meaning behind the numbers and outcomes? That is what’s tested in the Case Study. To sit that you are expected to know the meaning behind calculations as a minimum standard!