CIMA Course Strategic Level

The CIMA Strategic Level is the last step towards the CIMA Designation (CGMA Charter).Candidates learn how to formulate and manage financial strategy, and identify and manage risk.


Any person who has completed CIMA Managerial level can register for forthe CIMA Strategic Level.


CA/CMA/Graduate(75%)+3 years work exp./CEO/CFO 
• 3 papers exemption (E3, P3 & F3)


Strategic Level of CIMA qualification consist of 4 papers in which 3 papers are objective type question bases and 1 case study.In this level, one will learn how to Formulate and implement financial strategy and develop skills and competencies required to value investment opportunities including divestments, mergers and acquisitions.

E3: Strategic Management P3:Risk Management F3: Financial Strategy
• Interacting with the organisation’s environment
• Evaluating strategic position and strategic options
• Leading change
• Implementing strategy
• The role of information systems in organisational strategy
• Identification, classification and evaluation of risk
• Responses to strategic risk
• Internal controls to manage risk
• Managing risks associated with cash flows
• Capital investment decisions

• Formulation of financial strategy
• Financing and dividend decisions
• Corporate finance


Exam Details

Objective Papers (Computer Based)
Total Marks: 150
Passing Marks: 80
Exam Duration: 3 Hours
Case Study Exam
Total Marks: 100
Passing Marks: 70%
Exam Duration: 90 minutes

Exam Fees

The exam fees for 3 Objective Papers = 145 GBP/paper
The exam fee for Case Study Exam = 220 GBP

Exam Pass Rate

Exam Name E3 P3 F3
Objective Type Exam 86% 79% 80%
Exam Name Nov' 17 Feb' 17 May' 17
Strategic Case Study Exam 66% 63% 67%


On successful completion of the practical experience requirements, students will be admitted to associate membership and granted the associate chartered management accountant (ACMA) and Chartered Global Management Accountant (CGMA) designations.

CIMA Strategic Level Training with Saraf Academy

As a trusted learning partner of the CIMA institute, we offer the best quality online live interactive classes with world-class study resources. At the Academy, we provide: 
• Best In Class Training Classes
• Video Lectures- Live & Recorded
• E Books
• Mock exams
• Comprehensive Progress Tests
• Exam Tips
• Study Planner
• 360 degree support

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