Course information

CIMA Fundamentals of Business Economics Course (BA1) Outline

Module 1: Macroeconomic and Institutional Context of Business

  • Principal Factors Affecting National Income
  • Impact of Economic Growth and Price Changes
  • Trade Influences and Global Business Impact
  • Economic Development and Globalisation Effects

Module 2: Microeconomic and Organisational Context of Business

  • Economic Goals of Stakeholders and Organisations
  • Price Determination by Market Forces
  • Impact of Price Changes on Revenue
  • Economic and Social Influences on Organisational Structure
  • Market Regulation

Module 3: Informational Context of Business

  • Communicating Business Data to Stakeholders
  • Uses of Big Data and Analytics

Module 4: Financial Context of Business

  • Functions of Financial Markets and Institutions
  • Financial Mathematical Techniques for Decision-Making
  • Impact of Interest and Exchange Rate Changes on Performance

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Who should attend this CIMA Fundamentals of Business Economics (BA1) Course?

The CIMA Fundamentals of Business Economics (BA1) Course is well-suited for individuals eager to deepen their understanding of business economics and its application in global and local markets. It is especially beneficial for:

  • Financial Analysts
  • Business Managers
  • Corporate Executives
  • Economic Consultants
  • Management Accountants
  • Strategic Planners
  • Business Development Officers
  • Financial Controllers

Prerequisites CIMA Fundamentals of Business Economics (BA1) Course

There are no formal prerequisites to attend this CIMA Fundamentals of Business Economics (BA1) Course.

CIMA Fundamentals of Business Economics (BA1) Course Overview

CIMA, the Chartered Institute of Management Accountants, offers specialised training in management accounting and related financial subjects. Its importance lies in equipping professionals with the skills to drive business success through better financial management. For organisations, CIMA training enhances financial strategies and operational efficiencies.

 For individuals, it deepens financial understanding, opening up advanced career opportunities in finance and business management. Ultimately, delegates benefit from a competitive edge in the job market, gaining qualifications that are recognised and respected worldwide. By analysing the effects of globalisation and economic development, along with the implementation of big data in business decision-making, participants will develop the skills necessary to effectively interpret and utilise economic data in strategic contexts

In the CIMA Fundamentals of Business Economics (BA1) provided by The Knowledge Academy, delegates will acquire a robust understanding of both the macroeconomic and microeconomic factors that influence business operations. The course provides insights into the complexities of economic growth, price changes, and market regulation, and explores the pivotal role of financial markets in business strategy. .

Course Objectives

  • To grasp key macroeconomic concepts affecting business environments
  • To analyse microeconomic conditions and market forces
  • To interpret economic data for strategic decision-making
  • To evaluate the global economic landscape's impact on business
  • To apply financial principles in business contexts
  • To understand big data's role in economic strategy

After attending this training, delegates will be equipped to apply their knowledge practically within their organisations, enhancing their ability to make informed decisions that consider various economic and financial factors. They will be able to forecast economic trends, analyse market dynamics, and assess the financial health of their enterprises. This newfound expertise will enable them to contribute strategically to their organisations' growth and success, making them invaluable assets in any business setting.

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What’s included in this CIMA Fundamentals of Business Economics (BA1) Course?

  • World-Class Training Sessions from Experienced Instructors 
  • CIMA Fundamentals of Business Economics (BA1) Course Certificate
  • Digital Delegate Pack

Why choose us

Our Fort McMurray venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Fort McMurray is an urban service area in Alberta, Canada. It was a formerly a city named ‘McMurray’ between 1947 and 1962, but integrated with Improvement District No. 143 in 1995 to become the Municipality of Wood Buffalo. Fort McMurray is still heavily thought of to be a city however. It is located in close proximity to Edmonton and the Saskatchewan border, as well as the rivers of Athabasca and Clearwater. Fort McMurray boats of a population of around 60,000 people and is the largest community located in the Regional Municipality of Wood Buffalo. There are two school districts in Fort McMurray, a public one and a Catholic one which services the needs for all ages of students, including primary, elementary and secondary education. Programs like French Immersion is provided within each school district and some offer specialist performing arts or technology and science programs. There is only one French school in Fort McMurray and caters to those up to Grade 12. There is one university called Keyano College which focuses on vocational training and produces a large amount of workers for the oil sands. Also provided are theatre recitals and events in the university, which attract up to 50,000 visitors per performance. These events lead the population of Fort McMurray to regard the university as the cultural hub in their town.

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Address

530 MacKenzie Blvd,

Fort McMurray,

AB T9H 4C4,

Canada

T: +1 6474932992

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led CIMA’s CGMA® Fundamentals Of Business Economics Course (BA1) in Fort McMurray. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's CIMA’s CGMA® Fundamentals Of Business Economics Course (BA1) in Fort McMurray, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Tailored learning experience

Leverage benefits offered from a certification that fits your unique business or project needs

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Maximise your training budget

Cut unnecessary costs and focus your entire budget on what really matters, the training.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Monitor employees progress

The course know-how will help you track and evaluate your employees' progression and performance with relative ease

What our customers are saying

CIMA’s CGMA® Fundamentals Of Business Economics Course (BA1) in Fort McMurray FAQs

Yes, The Knowledge Academy offers support via phone & email before attending, during, and after the course. Our customer support team is available to assist and promptly resolve any issues you may encounter.
Yes, we provide corporate training for this course, tailored to fit your organisation’s requirements.
In this training course, delegates will have intensive training with our experienced instructors, a digital delegate pack consisting of important notes related to this course, and a certificate after course completion.
You should receive the confirmation details for the course within 24-48 hours after registration. If you haven't received it by then, please check your spam folder or contact our support team for assistance.
The training fees for CIMA’s CGMA® Fundamentals of Business Economics (BA1) Coursein Fort McMurray starts from CAD3995
The Knowledge Academy is the Leading global training provider for CIMA’s CGMA® Fundamentals of Business Economics (BA1) Course.
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Why choose us

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Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

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Many delivery methods

Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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