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The CGMA Competency Framework boosts skills

04 August 2023
The CGMA® designation provides the perfect match of innovative leadership competencies, fundamental business acumen and new spheres of digital finance.

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To succeed in a changing economic world, the CGMA Competency Framework, which underpins the CGMA designation, equips candidates with the skills they need to achieve their career dreams.

About the CGMA Competency Framework

CGMA designation holders affect 80% of the world’s leading brands and are represented in 96% of FTSE100 companies.

The CGMA Competency Framework was always designed with this outcome in mind.

The framework prepares management accountants with the knowledge and skills required for today's business world through five selected skills:technical, business, people, leadership and digital skills.

Each component provides a fuller knowledge of management accountancy, creating a clear pathway to advance in your career.

1. Technical skills.

From cash flow and returns on investment to enterprise risk management,CGMA designation holders provide data analysis and insights so organisations can develop their strategic goals.

2. Business skills.

As aCGMA candidate, you'll develop critical business planning, forecasting and budgeting skills for real-world business situations.

3. People skills.

With the CGMA framework, you will learn how to communicate detailed financial data, including graphs and charts to teammates and the leadership team.

4. Leadership skills.

Whether guiding peers through complex business strategies or ensuring departments meet their objectives, change management within the CGMA syllabus will help you navigate and better support your future organisation's growth. This might include learning how to implement new changes smoothly and how you can encourage colleagues to get behind said changes and drive meaningful change internally and beyond.

5. Digital skills.

Additionally, you will learn how to gain a competitive advantage in vital areas of digital transformation, includingblockchain, cybersecurity and more. You'll discover how enterprise resource planning and management information systems lead to efficiency in business operations.

Your personal and professional commitments will determine your learning pathway. We want you to learn and absorb this critical information rather than simply studying it. These competencies will stay with you for the rest of your career, so you must take the time and space to understand them. When you feel ready, you will then be able to complete the relevant assessments.

We have tools and resources, including study groups and mock exams, to help you prepare each step of the way.

Developed with employers and candidates in mind

The CGMA Competency Framework was not developed in the dusty halls of an academic institution. Instead, we asked our nearly 700,000-strong network of change-makers and leaders what they wanted in their future leaders.

The results were the five core competencies.

The framework's structured research phase provides a long-term road map for candidates as they embark on a finance career, enhancing employment credentials in one of the world's most competitive professions.

Ultimately, you will have a professionally recognised designation and a world-class business acumen fit for the biggest entrepreneurial dreams and the most esteemed employers.

A new generation of finance professionals

As businesses and organisations become more complex and face increasingly global challenges, professionals require relevant skill sets to thrive at work. The CGMA Competency Framework provides advanced teachings to meet the demands of leading finance employers.

Explore more

Explore the AICPA & CIMA CGMA Competency Framework to learn more about the five competencies and see for yourself where the CGMA designation can take you.

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