- Exam Code: CIMAPRA19-P03-1
- Exam Name: CIMA Risk Management Exam
- Certification Provider: CIMA
- Corresponding Certification:CIMA Certification
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Advantages of Passing of CIMA CIMAPRA19-P03-1 Certification Exam
The CIMA level is a great way for students to demonstrate that they have acquired at least 80% of what they need to know about financial management. Passing the CIMA CIMAPRA19-P03-1 exam gives students a competitive edge, as well as an excellent chance of employment when they leave university. When graduates pass the CIMA level, they are given a certificate stipulating the percentage of knowledge that has been achieved by the student and are entitled to wear a pin that signifies their level.
Those who pass the CAMS exam with the help of CIMA CIMAPRA19-P03-1 Dumps gain several benefits:
- Students will be able to demonstrate their skills in financial management to employers. Schools and institutions can use the CIMA level as a basis for determining admission requirements. Students interested in pursuing studies in business can take this exam as part of their post-secondary courses.
- With a certification from CIBA, graduates are able to show employers that they have acquired at least 80% of what they need to know about financial management.
- The CIMA level helps to develop students' abilities in problem-solving skills by developing their capacity for making and analyzing decisions. When students pass the CIMA level, they are eligible to become members of CIMA International.
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What is the duration, language, and format of the CIMA CIMAPRA19-P03-1 Certification Exam
Format: Multiple choices, multiple answers
- Passing score: 7o%
- Number of Questions: 100
- Length of Examination: 3 hours
- Language: English
Prerequisites of CIMA CIMAPRA19-P03-1 Certification Exam
In order to take the CIMA CIMAPRA19-P03-1 certification exam, students must meet all the following requirements:
- Masters Degree in finance or accounting with a GPA of at least 2.75
- Minimum three years of relevant work experience as a financial manager or auditor
- To complete the Postgraduate Business Course (PGBC), you must have knowledge of English and be able to communicate effectively on a professional level in this language
- To complete the Professional Practice Management course (PPBC), you must have knowledge of English and be able to communicate effectively on a professional level in this language
- To take the exam, you must have received a minimum grade of 70% in each of the four exam sections: Corporate Finance and Accounting, Auditing, Management Control and Risk Management and Economics for Managers
- The exam can only be taken once per person in one sitting period. It is taken twice annually within six months of one another
- To receive your certification by CIMA CIMAPRA19-P03-1 examination, you must pass each exam section with a minimum score of 70%
Reference: https://planner.cimaglobal.com/proqual/2019/strategic/P3
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The CIMA CIMAPRA19-P03-1 certification is conferred by the Chartered Institute of Management Accountants, which is the highest standard globally. In order to receive your certificate, you must first pass each section of the exam by receiving a cumulative score of 70% or better. Once you have passed all four sections, you need to submit a copy of your official transcript from an accredited college or university. You will also need to submit your transcripts and a letter from your employer stating that you have at least 2 years of work experience as a financial manager or auditor, depending on which exam section you have taken. You should then wait 1-3 weeks for approval before receiving your certificate and pins via mail.
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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Enterprise Risk | 25% | - Risk Response
|
| Strategic Risk | 25% | - Strategic Decision Risk
|
| Cyber Risk | 25% | - Cyber Controls
|
| Internal Controls | 25% | - Control Systems
|
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