CIMA opens first Russian office

CIMA HAS OPENED its first representative office in the Russian Federation.

President Harold Baird welcomed local CIMA students at the Ararat Hyatt Hotel, Moscow.

"The Russian government has made great progress in mitigating the effects of the global economic downturn and although most countries still face uncertainty over the next few years, Russia is poised to further enhance its position as a global player in the business arena," he said.

"It is the right time to build a strong framework in Russia to ensure that future business leaders in Moscow and further afield are equipped with world class skills."

CIMA's qualification has grown in popularity with more than 700 students registering for its diploma since 2010.

The Diploma in Performance Management was launched in 2010 in partnership with the PwC Academy to meet the high demand for finance and non finance specialists in Russia.

This is the first diploma to be available in the Russian language focusing on management accounting. The diploma was specifically developed to include topics such as budgeting, cost control and investment appraisals.