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CIMA CIMAPRA19-F03-1 valid exam - in .pdf Free Demo

  • Exam Code: CIMAPRA19-F03-1
  • Exam Name: F3 Financial Strategy
  • Last Updated: Aug 18, 2026
  • Q & A: 435 Questions and Answers
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  • PDF Price: $59.98    

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  • Exam Code: CIMAPRA19-F03-1
  • Exam Name: F3 Financial Strategy
  • Last Updated: Aug 18, 2026
  • Q & A: 435 Questions and Answers
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CIMA F3 Exam is a three-hour computer-based test that consists of 60 multiple-choice questions. It is divided into two parts: Section A and Section B. Section A contains 35 questions and covers a broad range of financial strategy topics, such as financial statement analysis, cost management, and risk management. Section B contains 25 questions that are based on a specific case study. Candidates are expected to apply the knowledge and skills they have acquired throughout the course in order to analyze the case and develop financial strategies that address the challenges presented.

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

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CIMA F3: Financial Strategy is a professional level exam designed to test a student’s knowledge and understanding of key concepts surrounding financial strategy in modern organizations. CIMAPRA19-F03-1 exam is part of the Chartered Institute of Management Accountants (CIMA) syllabus and is critical for students who want to work in the financial management sector. It is also necessary for individuals who want to move up the ranks in their current organizations.

The CIMA CIMAPRA19-F03-1 exam is computer-based and consists of 90 multiple-choice questions. Candidates have three hours to complete the exam, and a passing score is 70%. CIMAPRA19-F03-1 exam is administered at authorized testing centers around the world, and candidates can register online through the CIMA website.

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CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Financial Risks20%- Types of financial risk
  • 1. Credit and liquidity risk
  • 2. Interest rate risk
  • 3. Foreign exchange risk
- Risk measurement and assessment
  • 1. Value-at-Risk, sensitivity analysis
- Risk management techniques
  • 1. Hedging strategies
  • 2. Derivatives: futures, forwards, swaps, options
- Risk reporting and governance
Topic 2: Sources of Long-term Funds25%- Debt finance
  • 1. Leasing and sale-and-leaseback
  • 2. Bonds, loans, convertible instruments
- Equity finance
  • 1. Ordinary shares, preference shares, rights issues
  • 2. Flotation and listing methods
- Dividend policy and distribution strategies
- Capital structure theories and WACC
  • 1. Cost of capital calculation
  • 2. Modigliani-Miller propositions
Topic 3: Financial Policy Decisions15%- Interaction between investment, financing and dividend decisions
- Strategic financial objectives and stakeholder impact
  • 1. Financial objective setting
  • 2. ESG and ethical influences
  • 3. Taxation and regulatory framework
Topic 4: Business Valuation40%- Valuation methods
  • 1. Asset-based valuation
  • 2. Discounted cash flow (DCF)
  • 3. Relative valuation: P/E, EV/EBITDA
- Investment appraisal
  • 1. NPV, IRR, payback, discounted payback
  • 2. Adjusted present value (APV)
- Impairment testing and value management
- Mergers, acquisitions and divestments
  • 1. Valuation of target companies
  • 2. Financing and post-deal integration

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