CIMA Professional Strategic level

This is the final level of the CIMA Professional qualification.

You will need to pass all assessments to be awarded the qualification and be eligible for CIMA membership.

The entry requirements for the level is the completion of both the CIMA Operational and the CIMA Management levels. If you have completed CIMA Gateway you may also study at this level.

E3 – Strategic Management

This unit enables you to develop both the skills and the abilities to become an effective leader, this will enable you to formulate strategy and create conditions for successful implementation.

• The Strategy Process
• Analysing the organisational ecosystem
• Generating strategic options
• Making strategic choices
• Strategic control
• Digital strategy

Assessed by an on demand 90-minute computerised objective test. This exam is on demand.

P3 – Risk Management

This unit enables you to both specify and mange risks that could have an impact on company’s strategy. You’ll develop the skills to analyse, evaluate and manage strategic, operational and cyber risks. All of these are critical in providing effective governance of an organisation.

• Enterprise risk
• Strategic risk
• Internal controls
• Cyber risks

Assessed by an on demand 90-minute computerised objective test. This exam is on demand.

F3 – Financial Strategy

This unit will enable you to understand the different strategic financial objectives and policy options open to different organisations and factors that may influence them. This will enable you to create financial strategy, evaluate and manage financial risk and assess organisational value. Whilst understanding the capital structure of a business and the availability of suitable long term funding.

• Financial policy decision
• Sources of long-term finds
• Financial risks
• Business valuation

Assessed by an on demand 90-minute computerised objective test. This exam is on demand.

Strategic case study exam

This exam will test your overall knowledge of E3, P3 and F3 to enable you to resolve the issues that a management accountant working at your level may come across at work.

You must pass all three objective tests before attempting the case study.

On completion you should be able to support organisational leaders to create strategy; evaluate and manage risks that might prevent organisations from successfully implementing strategy; value organisations; and source financial resources required to implement strategy. In essence you’ll resolve the issues that a management accountant will come across at work.

A 3-hour case study exam with sitting 4 times a year. In February, May, August and November.

Accountancy Courses

CIMA Certificate in Business Accounting Find out more

CIMA Professional Qualification Find out more

CIMA Professional Operational level Find out more

CIMA Professional Management level Find out more

CIMA Professional Strategic level Find out more

ACCA Foundations Find out more

ACCA Applied Knowledge Find out more

ACCA Applied Skills Find out more

ACCA Strategic Professional Find out more

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