Professional qualifications body the Chartered Institute of Management Accountants (CIMA) has signed a groundbreaking deal with the World Bank this week, which could boost the availability of finance graduate jobs.

The arrangement will mean that people with a financial background going to work for the World Bank will be able to benefit from CIMA’s range of professional qualifications.

If this move increases the awareness of CIMA qualifications worldwide, it could lead to new opportunities for those seeking places on finance graduate schemes.

Chief executive of CIMA Charles Tilley said: "We feel the CIMA qualification will give the relevant people in resource management the broad-based business, and above all strategic focus that is so essential in the bank’s work in more than a hundred countries."

Earlier this month, CIMA claimed that accountants have the potential to support mid-sized firms through the recession, providing expert advice in challenging times.

CIMA offers a range of professional qualifications, and operates reciprocal agreements with many other accountancy training bodies worldwide.

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