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CIMA Professional Qualification in Accounting

April Sale! Strategic Level | Tutor Support | Study Books | Pocket Revision Kits


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Summary

Price
Save 13%
£1,125 inc VAT (was £1,295)
Offer ends 30 April 2024
Finance options

Interest-free finance options available.

Study method
Online
Duration
1 year · Self-paced
Access to content
1 year
Certification
CIMA Professional , CIMA Member
Professional certification What's this?
Additional info
  • Tutor is available to students
  • TOTUM card available but not included in price What's this?

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Overview

Our April Sale is now live! Save £170!

Our CIMA Professional - Strategic Level course is delivered via eLearning and includes Tutor Support, Study Books, Exam Preparation Guides and Pocket Revision Kits.

CIMA Professional qualifications are arguably the best and most relevant finance qualifications in the world for business professionals.

Strategic Level is the final level within the full CIMA Professional qualification.

These subject areas will enable you to confidently make long term strategic decisions, support organisational leaders in crafting a strategy, manage and evaluate risks which may prevent organisations from implementing their strategy successfully.

By completing the three stages of the Professional Qualification (Operational, Management and Strategic) and passing all required exams and Case Studies, you will work towards gaining CGMA status and become fully qualified with CIMA.

Certification

CIMA Professional , CIMA Member

Course media

Description

Why study CIMA with e-Careers?

Our CIMA Professional Strategic package includes eLearning, Study Books, Exam Preparation Guides, Pocket Revision Kits and Unlimited Tutor Support. eLearning gives you the flexibility of accessing the course and training whenever suits you, 24/7.

  • High pass rates
  • Over 600,000 students have trained with us since 2011
  • Includes responsive Tutor support from experienced Trainers
  • 0% Finance to spread the cost
  • 5-star Trustpilot rating

The Chartered Institute of Management Accountants (CIMA) is the world’s largest and leading professional body of Management Accountants. CIMA offers the most relevant global finance qualifications for business.

CIMA Professional Strategic Course Overview

The CIMA Professional – Strategic Level will be the final step towards becoming fully qualified with CIMA and then gaining full CGMA status.

There are three subject areas in the CIMA Professional – Strategic Level:

  • E3 – Strategic Management
  • P3 – Risk Management
  • F3 – Financial Strategy

E3 – Strategic Management

Learn the foundation elements of strategic management and the dynamics of the organisational ecosystem, and how it impacts organisational strategy.

Discover how strategy is implemented and how implementation objectives are achieved and managed.

Understand what the key technologies are which underpin digital transformation and the various elements of digital strategy.

P3 – Risk Management

Learn how to identify, evaluate and manage enterprise risks.

Discover where strategic risks typically evolve from, how to evaluate them and how oversight of these risks is critical to the governance of the organisation.

Understand how internal controls can be used effectively at risk management stage, and how you can identify, analyse, remedy and report these strategic risks.

F3 – Advanced Financial Reporting

Learn the different policy options and strategic financial objectives which are open to organisations.

Discover the types of funds which are available to organisations to finance the implementation of strategies, and how to access these funds in the right quantity, at the right time and for the right price.

Understand how to evaluate and manage financial risk appropriately and learn what the sources of financial risk are.

Advantages of this course

  • The CIMA qualification is recognised across 179 countries, enabling delegates to have plenty of opportunities to work abroad
  • CIMA is highly recognised by employers, with 96% of FTSE 100 firms employing CIMA qualified individuals
  • CIMA graduates enter the industry with access to a wide range of opportunities, which include Finance, Consultative and Management roles
  • CIMA boasts a global network of over 650,000 current and next generation finance professionals*
  • CIMA members (CGMAs) earn average of £66,000**
  • 63% of CIMA students expect to receive a bonus within 12 months of qualifying*

*Source - CIMA

**Source - 2019 Association of International Certified Professional Accountants Salary Survey

CIMA Professional Strategic Syllabus

E3 – Strategic Management

  1. The strategy process
  2. Analysing the organisational ecosystem
  3. Generating strategic options
  4. Making strategic choices
  5. Strategic control
  6. Digital strategy

P3 – Risk Management

  1. Enterprise risk
  2. Strategic risk
  3. Internal controls
  4. Cyber risks

F3 – Financial Strategy

  1. Financial policy decisions
  2. Sources of long-term funds
  3. Financial risks
  4. Business valuation

CIMA Professional Strategic Exam Info

Objective Test

The Strategic Level has a 90-minute, computer-based Objective Test.

Objective Tests include a range of number entry questions, short multiple-choice questions, drag and drop questions, and more. They will test all component learning outcomes you have covered within this course.

This test is computer-graded, and you will receive a provisional grade of pass or fail immediately. Official results will be sent out within 48 hours.

Your exam can be taken at any Pearson Vue Test Centre around the world, with a choice of 5,000 centres. The exam fee is not included in the cost of the course.

Case Study

The Strategic Level will conclude with a Case Study Examination, which integrates the skills, techniques and knowledge, gained across the three subjects covered. These Case Study Exams are available four times a year: Feb, May, Aug & Nov.

The role simulated in this Case Study is that of a Senior Finance Manager level finance professional. You will be provided with a simulated context, allowing you to demonstrate you have acquired the necessary knowledge, techniques and mindset for that role.

These Case Study exams are human marked, and you will receive your results five weeks after the close of the Case Study window on your MY CIMA account.

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About CIMA

As the world’s leading and largest professional body of management accountants, CIMA has built an outstanding reputation in the professional world of accounting. With over 100 years of experience, they leverage their heritage and history, to provide excellent training for professional accountants.

Who is this course for?

The second level in the CIMA Professional qualification is beneficial for those who have completed the CIMA Professional – Operational Level and are currently working on becoming fully qualified with CIMA and earning CGMA status.

Requirements

If you have an accountancy or finance degree, or are a member of AAT who is qualified, you can start the CIMA Professional qualification. If you are new to the finance industry, or are just starting in your journey to gain recognised qualifications, you will need to start with the CIMA Certificate in Business Accounting before progressing to the CIMA Professional qualification.

Career path

CIMA qualifications open the doors to many career opportunities in both business and finance. As the final level in the CIMA Professional qualification, you will be able to apply for jobs round the £60,000 salary bracket, and work towards more senior job roles such as Management Consultant, Finance Director and Chief Finance Officer.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.