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CIMA Professional qualifications are arguably the best and most relevant finance qualifications in the world for business professionals.
There are three main levels within the CIMA Professional qualification, including:
- Operational Level
- Management Level
- Strategic Level
This course focuses on the CIMA Professional – Strategic Level (E3, P3 & F3).
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.
Why study CIMA with e-Careers?
- We have trained over 555,000 delegates
- We only use training materials which have been officially approved by CIMA
- Study at your own pace, where and when it suits you
- This course includes eLearning, Study Books, Exam Preparation Guides, Pocket Revision Kits and Unlimited Tutor Support
- We offer Interest-Free Payment Plans
- Exceptional Pass Rates
Who is CIMA?
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.
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
E3 – Strategic Management
- The strategy process
- Analysing the organisational ecosystem
- Generating strategic options
- Making strategic choices
- Strategic control
- Digital strategy
P3 – Risk Management
- Enterprise risk
- Strategic risk
- Internal controls
- Cyber risks
F3 – Financial Strategy
- Financial policy decisions
- Sources of long-term funds
- Financial risks
- Business valuation
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 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.
Who is this course for?
If you have studied both the CIMA Professional – Organisational Level and Management Level, enrolling onto this course makes sense as you will be able to become fully qualified with CIMA and gain CGMA status. Your earning potential will rise greatly, with average salaries exceeding £60,000+ per annum.
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.
Having CIMA qualifications opens the door 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 like Management Consultant (£60k+), Finance Director (£75K+) and Chief Finance Officer (£100K+).
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