Try CIMA : CIMAPRA19-F03-1 valid & accurate questions and answers

Updated: Aug 23, 2026

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Format of the CIMA F3: Financial Strategy Exam

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

For more information visit

CIMA Official Website

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

Topics of the CIMA F3: Financial Strategy Exam

CIMA F3 exam dumps included the following topics:

  • Financial policy decisions 15%
  • Sources of long-term funds 25%
  • Financial risks 20%
  • Business valuation 40%

CIMA CIMAPRA19-F03-1 Exam Overview:

Certification Vendor:CIMA (Chartered Institute of Management Accountants)
Exam Name:F3 Financial Strategy
Exam Number:CIMAPRA19-F03-1
Real Exam Qty:60
Passing Score:100 (scaled from 0–150, approx. 67%)
Available Languages:English
Exam Duration:90 minutes
Exam Format:Objective test, Multiple choice, Scenario-based, Calculation questions
Related Certifications:CIMA E3 Strategic Management
CIMA P3 Risk Management
CIMA Strategic Case Study
CGMA Designation
Certificate Validity Period:No expiry; valid with active CIMA membership & CPD
Exam Price:£185 – £275 / $230 – $340 (varies by region)
Recommended Training:CIMA Official Study Text
CIMA Approved Tuition Providers
Exam Registration:Pearson VUE Scheduling
CIMA Official Registration
Sample Questions:CIMA CIMAPRA19-F03-1 Sample Questions
Exam Way:Computer-based; available at Pearson VUE test centres or online remote proctoring
Pre Condition:Completion of CIMA Operational and Management levels; or relevant exemptions
Official Syllabus URL:https://planner.cimaglobal.com/proqual/2019/strategic/F3

CIMA CIMAPRA19-F03-1 Exam Syllabus Topics:

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

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