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The F3 Financial Strategy exam covers a wide range of topics related to financial management, including capital investment appraisal, business valuation, risk management, and financial instruments. CIMAPRA19-F03-1 exam is divided into two sections: Section A and Section B. Section A consists of objective test questions, while Section B involves case study-style questions that require candidates to apply their knowledge and skills to real-life scenarios.

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

Candidates who pass the CIMA CIMAPRA19-F03-1 (F3 Financial Strategy) Certification Exam are able to demonstrate their ability to analyze financial information, develop strategies for financial decision-making, and manage financial risks. These skills are highly valued in the business world, and the certification can open up a range of career opportunities. CIMAPRA19-F03-1 exam is computer-based and consists of objective test questions. Candidates have three hours to complete the exam and must achieve a minimum of 70% to pass.

CIMA CIMAPRA19-F03-1 (F3 Financial Strategy) Certification Exam is a professional certification exam offered by the Chartered Institute of Management Accountants (CIMA). CIMAPRA19-F03-1 exam is designed to test the knowledge and skills of candidates in the area of financial strategy. It is intended for individuals who are interested in pursuing a career in finance and accounting, or for those who are already working in the field and want to enhance their knowledge and skills.

CIMA F3 exam is recognized by employers all over the world as a mark of excellence in the field of finance. The qualification is highly valued by employers as it demonstrates that candidates have the skills and knowledge required to succeed in senior finance roles. Candidates who pass the CIMA F3 exam can expect to earn higher salaries and have better career prospects than those who do not hold the qualification.

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CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Financial Policy Decisions15%- Strategic Financial Objectives
  • 1. Shareholder wealth maximization
  • 2. Financial and non-financial objectives
  • 3. Stakeholder objectives
- Development of Financial Strategy
  • 1. Dividend decisions
  • 2. Investment decisions
  • 3. Financing decisions
Topic 2: Financial Risks20%- Risk Identification and Assessment
  • 1. Liquidity risk
  • 2. Market risk
  • 3. Credit risk
- Currency Risk Management
  • 1. Hedging techniques
  • 2. Translation exposure
  • 3. Transaction exposure
- Interest Rate Risk Management
  • 1. Interest rate derivatives
  • 2. Forward rate agreements
  • 3. Interest rate exposure
Topic 3: Business Valuation40%- Mergers and Acquisitions
  • 1. Financial implications
  • 2. Acquisition financing
  • 3. Strategic rationale
- Business Valuation Techniques
  • 1. Asset-based valuation
  • 2. Earnings and market-based valuation
  • 3. Discounted cash flow valuation
- Post-Transaction Issues
  • 1. Integration planning
  • 2. Performance monitoring
  • 3. Value realization
Topic 4: Sources of Long-Term Funds25%- Debt Finance
  • 1. Loan notes and bonds
  • 2. Bank borrowing
  • 3. Lease finance
- Capital Structure and Dividend Policy
  • 1. Cost of capital
  • 2. Dividend policy theories
  • 3. Capital structure theories
- Equity Finance
  • 1. Private placements
  • 2. Rights issues
  • 3. Ordinary shares
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