CIMA’s CGMA® Strategic Level

You must have done CIMA’s CGMA® Management level to start this level.

By the end of the Strategic level you will have learnt about Strategic and Risk Management, as well as Financial Strategy.

The level is made up of three Objective Tests and a Case Study.

Objective Test subjects:

E3 Strategic Management

You’ll develop your skills and abilities to become an effective leader, so you’re able to both formulate strategy and to create the conditions for successful strategy implementation.

Course content:

• Strategy process
• Organisational ecosystem
• Strategic options
• Strategic choices
• Strategic control
• Digital strategy.

P3 Risk Management

You’ll learn how to specify and manage risks that could affect a company’s strategies.

Course content:

• Enterprise risk
• Strategic risk
• Internal controls
• Cyber security risks.

F3 Financial Strategy

You’ll learn about different financial strategies that are open to businesses, and the factors that influence them.

Course content:

• Financial policy decisions
• Sources of long term funds
• Financial risks
• Business Valuations.

As well as the Objective Tests, you’ll do a Case Study. This is where you’ll put your learning to the test with a real-life scenario. Using the skills gained during the level, you’ll resolve issues that a management accountant may come across at work.

Each subject is assessed by an objective test, and the level as a whole is assessed by a final Case Study.

The Objective Tests are computer-based and are 90 minutes each. The exams can be sat at any time of the year, and can be taken in any order. All assessments are marked by computer and you will be given a provisional result at the end of the exam. This will then be confirmed on your MY CIMA account within 48 hours.

The Case Study exam is three hours long and is computer-based. These exams are held in four exam sittings throughout the year. You must have passed all three Objective Tests before you can register to sit your Case Study exam. The exam is based on pre-seen material that will be released approximately seven weeks before the exam window. These exams are human-marked and your result will be released approximately five weeks after the exam window closes. Find out more information about
the exam dates and deadlines launch.

Grading

For the Objective Tests you need to get a scaled score of 100, with 150 being the maximum available.

For the Case Study exam you need to get a scaled score of 80, with 150 being the maximum available. You also need to be competent in all of the core activities at this level.

Resits

If you are unsuccessful in your first attempt, don’t worry you can resit your exam. For Objective Test subjects as these exams are on demand you can sit this as soon as you feel ready, for Case Study you will need to wait for the next quarterly exam sitting.

Booking your exams

Log in your MY CIMA account and select ‘schedule your exam’. This will transfer you to the Pearson VUE website where you can select your exam, date, and time, and complete your booking.

• Tutor-led knowledge and application modules, delivered by Kaplan, CIMA’s only official publisher. Every module and topic has been through a detailed design process to make sure each area is explained clearly, and gives you the knowledge you need to pass your exams.
• Unlimited access to CIMA’s CGMA® Strategic level content with access to all other levels, allowing you to recap previous levels at no extra cost.
• Integrated Kaplan Workbook: interactive learning guide that you will use alongside your online tutor-led videos. The integrated workbook helps you keep all your notes in one place, making revision easier and more efficient
• For Case Study, you’ll receive specific resources written especially for the live pre-seen scenario
• Study Text: the only CIMA approved text, written by Kaplan Publishing, with full syllabus coverage
• Exam Kit: the only CIMA approved exam kit, with hundreds of practice questions to get you exam ready
• Study programme: a guide to give you structure to your studies, bringing together all elements of your learning. Made by expert tutors, it will guide you through the whole syllabus
• Online practice questions: interactive practice questions for every subject plus an auto marked mock exam. Realistic case studies provide context of how concepts will be seen in real life
• You’re fully supported with access to expert tutors, seven days a week. Responding via email within four working hours.
• You’ll be assigned a mentor to help and guide you through the order of subjects to study. You can contact them wherever you need to throughout your course and get a response within 24 hours, Monday to Friday
• Your subscription includes all the online content you need to succeed, but if you want to supplement your learning with books, Eagle students get 50% off hard copy study materials.

CIMA registration, student membership, and exam fees not included.

For full details on Academic and Mentor support opening hours, please visit the contact us page.

After completing this level, the world is your oyster. You could start out as a Financial Controller or Financial Manager, but you could become a Chief Financial Officer (CFO). And with regards to salary, you’re looking at around £60,000 a year, but it will only increase with experience.

You will need to register with CIMA as a student and pay a registration and annual student membership fee, as well as exam fees. These fees are in addition to your course fees. Find out more about these fees on the AICPA & CIMA website launch.