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Format of the CIMA F3: Financial Strategy Exam

  • Language: English
  • Format: Numerous choices, multiple responses
  • Number of questions: 60
  • Length of Examination: 90 minutes
  • Passing score: 70 percent

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When it comes to the CIMA Professional Qualification, there are levels for everything from operations to management to strategy. Each of these levels is built on three pillars of domain knowledge: Enterprise, Performance, and Financial. A candidate's competence to perform job tasks to the highest standards in the workplace is shown bypassing each level of the qualification. Providing an evidence of managerial competence across the Enterprise, Performance, and Financial dimensions of the qualification. It helps to set standards to recognize individuals who are qualified for promotion or deployment for increased responsibility. Submit a request to a recruiter or work for a reputable organization, and highlight your qualifications. Limited to candidates who have already earned at least one level of the qualification. Buying a membership, you can get a discount on all the certification exams. Extra benefits to all CIMA members. Worried about your career and future? The exam assessments and certification help you prepare for multiple roles within the industry. CIMA F3 exam dumps are the quickest way to study for the exam.

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Reference: https://planner.cimaglobal.com/proqual/2019/strategic/F3

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CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:

SectionWeightObjectives
Business Valuation20%- Valuation methods
  • 1. Asset-based, earnings-based, cash flow-based
    • 2. Relative valuation and market multiples
      - Valuation concepts and purposes
      • 1. Valuation for mergers, acquisitions, and disposals
        • 2. Valuation for listing or equity issuance
          - Pricing and negotiation
          • 1. Determining offer price and terms
            • 2. Post-transaction value creation
              Sources of Long-Term Finance25%- Equity finance
              • 1. Types of equity and issue methods
                • 2. Cost of equity and capital structure theories
                  - Optimal capital structure
                  • 1. Practical determinants of capital structure
                    • 2. Impact of gearing on risk and return
                      - Debt and hybrid finance
                      • 1. Types of debt, terms, and covenants
                        • 2. Leasing, convertibles, and warrants
                          Investment Appraisal and Decisions25%- Advanced investment appraisal techniques
                          • 1. Discounted cash flow, NPV, IRR, MIRR
                            • 2. Adjusted present value and real options
                              - Risk analysis in investment decisions
                              • 1. Cost of capital estimation and adjustment
                                • 2. Sensitivity, scenario, and simulation analysis
                                  Financial Policy Decisions15%- Strategic financial objectives and governance
                                  • 1. Agency theory and stakeholder interests
                                    • 2. Role of financial strategy in overall corporate strategy
                                      - Dividend and distribution policy
                                      • 1. Practical considerations and constraints
                                        • 2. Theories of dividend relevance
                                          Financial Risk Management15%- Risk mitigation and hedging strategies
                                          • 1. Internal controls and risk policy frameworks
                                            • 2. Use of derivatives: forwards, futures, swaps, options
                                              - Risk measurement and assessment
                                              • 1. Value-at-Risk, duration, gap analysis
                                                - Types and sources of financial risk
                                                • 1. Interest rate, foreign exchange, commodity risk
                                                  • 2. Credit and liquidity risk

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