The Chartered Institute of Management Accountants (CIMA) the world's leading and largest professional body of Management Accountants recently released the results of the November 2010 examinations which marks the second full session of exams of CIMA's new (2010) syllabus.
As in May 2010, there were some excellent student performances, including in the T4 part B case study examination, which produced very good pass rates, both in the UK (67%) and in non-UK markets (52%). The Sri Lanka pass rate for the T4 part B case study examination was 61%. The normal range of pass rates was maintained for all other papers. The examination diet also saw the emergence of 365 exam completed students making 2010 a very successful year for CIMA with the passing out of 770 graduates which was the highest.
There have been some excellent student performances from around the world, proving that dedication and study can produce exemplary results. Several Sri Lankan students have received world rankings for their commendable performance at the November 2010 examinations. Akila Gunarathna was ranked fourth in the world for the T4 part B case study examination. Sarith Chathuranga was ranked second and ninth in the world for Financial Operations and Performance Operations. Umesha Alwis was ranked third in the world for Financial Management and Kalaivathaney Ariyalingam was ranked sixth in the world for Financial Strategy.
Over the last year, CIMA has been working with quality learning partners to expand CIMA's examination capacity and availability to provide stakeholders with greater choice and flexibility. The September 2010 exam session was expanded as a pilot in the UK to allow a re-sit opportunity for students to sit papers P1, P2, and the strategic level papers E3, P3 and F3 as well as T4 part B case study on PC. Due to the success of the pilot in UK in September2010, re-sit exam sessions will also be offered to Sri Lankan students in March 2011 for the strategic level papers. T4 part B case study on PC will continue to be available for first time and re-sitting students. CIMA will continue to look to extending this pilot in the future to benefit all of our stakeholders.