Important Notice

We are currently reviewing the structure, syllabus and design of the GCMA certification. We aim to launch the new version of GCMA certification in the year 2020. At present, we are not accepting any new registrations for this certification. Students who are studying the current syllabus are requested to contact our student support team (support@iqnglobal.com) to discuss completion plans and options available.

Recognition

GCMA is jointly certificated by SQA and IQN. The certification is recognised on the Scottish Credit and Qualifications Framework (SCQF) as a Level 8 qualification. SCQF is one of the national qualifications frameworks in the UK. SCQF is a partnership between the Quality Assurance Agency, College Development Network, SQA and Universities Scotland. GCMA certification stands as a Level 5 qualification in the European Qualifications Framework (EQF).

Entry requirement

Entry Route A

(1) A Bachelor degree AND
(2) Minimum two years experience in accounting/finance role

Entry Route B

(1) A secondary degree (High School Diploma, HND, CFS or the global equivalent) AND
(2) Minimum five years experience in accounting/finance role

Qualification Structure

GCMA certification consists of three units. After completing the finance unit, students will be automatically awarded Certified Finance Specialist (CFS) certification at no extra fees.

Unit Title SCQF Level EQF Level Credits
Finance 8 5 40
Accounting 8 5 40
Management Accounting 9 6 40

Exam Structure

There are three units/exams in GCMA certification: (1) Accounting (2) Finance and (3) Management Accounting. You have the freedom to attempt the exams in any order you prefer. Duration of each exam is 60 minutes and the total mark is 100. You will need to get minimum 50% marks to pass each exam. If you fail, you can resit each exam up to four times. Resit exams are available any time of the year as on-demand basis.

Number of exams MCQs in each exam Marks for each exam Pass marks
3 35 MCQs 100 marks 50 %

Fees

Exam fees are payable through Pearson VUE web account. If you fail in your first exam, you can always resit by paying only £49. If you are studying with a registered centre, you will need to pay tuition fees to the centre.

In order to avail the discounted exam fees available until 30 September 2019, you must complete an online registration. Please click here if you plan to complete your GCMA certification latest by 30 September 2019.

Current exam fees (until 30 September 2019)

Unit Title Exam Fees Resit Fees
Accounting £99 £49
Finance £149 £49
Management Accounting £199 £49

New exam fees (from 1 October 2019)

Unit Title Exam Fees Resit Fees
Accounting £249 £49
Finance £249 £49
Management Accounting £249 £49

Further Information

If you need further information about the GCMA certification, please feel free to contact us at support@iqnglobal.com. We will be more than glad to assist you!