CIMA-BA1 – Fundamentals of Business Economics

Course Description:

This subject primarily covers the economic and operating context of business and how the factors of competition, the behaviour of financial markets and government economic policy can influence an organisation. It also deals with the information available to assist management in evaluating and forecasting the behaviour of consumers, markets and the economy in general. The focus of this syllabus is on providing candidates with an understanding of the areas of economic activity relevant to an organisation’s decisions and, within this context, the numerical techniques to support such decisions.

Learning Outcome

On successful completion of this paper, candidates should be able to:

1. identify and classify costs and their behaviour on understanding and applying the tools and techniques needed to plan, control and make decisions.
2. Budgetary control required to set targets and standards to allow the performance of organisations to be reported and analysed.
3. Appraise investments.

Certification

On successful completion of the four subject examinations, students are awarded the CIMA Certificate in Business.

Course features:

• Lectures : 25
• Mock Tests : 3
• Availability: on demand at any of the 5,000 Pearson VUE centres around the world
• Length: 2 hours
• Duration: 4 Months
• Language : English
• Students: 10
• Assessments: Computer Based Exam
• Pass Mark: 70%