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  • Exam Code: CIMAPRA19-P03-1
  • Exam Name: CIMA Risk Management Exam
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  • Exam Code: CIMAPRA19-P03-1
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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.

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Reference: https://planner.cimaglobal.com/proqual/2019/strategic/P3

Introduction of CIMA CIMAPRA19-P03-1 Certification Exam

The exam is administered in various regions of the world: Africa (Nigeria, Kenya, South Africa, Namibia, Côte d'Ivoire) Asia (Japan), Europe (Austria), Latin America, and Oceania. The exam covers all fields of finance and corporate governance and students interested in both CIMA CIMAPRA19-P03-1 certification are encouraged to consider taking both tracks. At least one track must be in the student's native language. CIMA CIMAPRA19-P03-1 certification lasts for three years. Students can retake the exam at any time during this period. Exam retakes must be within 90 days of the first examination, although exceptions may be allowed. The exam is available in multiple sessions around the world to accommodate continental differences. The exams may take place anywhere from two to seven times per year, depending on timing and need for a specific location. In some regions, students may take the exam more than once, but only once during their lifetime. However, students who fail the exam can reapply immediately if they satisfy additional prerequisites. If a candidate has knowledge and skills that are required to pass CIMA CIMAPRA19-P03-1 Exam and fully prepared with CIMA CIMAPRA19-P03-1 Dumps then he should take this CIMA CIMAPRA19-P03-1 exam.

To receive a CIMA CIMAPRA19-P03-1 certificate, students must earn a minimum of 70% on each of the four parts: Corporate Finance and Accounting Auditing Management Control and Risk Management Economics for Managers (one day) Professional Practice Management (five days), which consists of Decision Making & Problem Solving Decision Making & Conflict Resolution Business Communication Skills Business Writing Skills English Language Skills. After completing the one-day management seminar, students must pass an additional three-hour examination on International Business Law and Ethics. This course is mandatory for students taking the sustainable management track. If a student passes this course and the exam, his or her CIMA CIMAPRA19-P03-1 certification will be upgraded. The exam is administered through multiple administrations in various countries and may take place anywhere from two to seven times per year. The exams are available in sets of multiple days over a period of six months starting in mid-August depending on scheduling.

CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Internal Controls25%- Internal control systems analysis
- Internal audit issues and assurance mapping
- Designing internal controls for risk management
Topic 2: Enterprise Risk25%- Risk evaluation and measurement
- Sources and types of risk
- Risk management techniques (TARA, mitigation, registers, reporting)
Topic 3: Cyber Risk25%- Cyber threats and vulnerabilities
- Tools, techniques and cyber risk reporting
- Cyber security processes
Topic 4: Strategic Risk25%- Risks associated with strategy formulation
- Reputational risks and impact
- Governance risks and oversight

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