1. Structure
The level is made up of three Objective Test subjects and one Case Study. You must pass all three Objective Tests before moving onto the Case Study, which tests what you’ve learned overall in the level. You need to pass all assessments to be awarded the qualification.
Entry requirements
You’ll need to have completed the first and second CIMA Professional levels - CIMA Operational and CIMA Management - to study this level. If you have completed CIMA Gateway you may also study at this level.
Syllabus
The Objective Test subjects can be sat in any order. You must have passed all 3 Objective Tests before you can book your Case Study examination.
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CIMA syllabus update 2019
CIMA are updating their Professional Strategic Level syllabus in November 2019. For more information and advice for your next steps, please visit our update page.
CIMA Strategic Level update >
Objective Tests
Current (2015) syllabus -
E3 Strategic Management
- Number of lessons:
Classroom: 4 days
Live Online: 8 sessions
OnDemand/Distance Learning: study at your own pace
- Subject assessment: OnDemand computer based exam (CBE)
You’ll develop your skills and abilities to become an effective leader, so you’re able to create the concepts and guidance for growth and profit of the company.
- Course content:
Organisational environment
Strategic position and options
Leading change
Implementing strategy
Role of information systems in organisational strategy
New (2019) syllabus -
E3 Strategic Management
- Number of lessons:
Classroom: 4 days
Live Online: 8 sessions
OnDemand/Distance Learning: study at your own pace
- Subject assessment: OnDemand computer based exam (CBE)
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
Current (2015) syllabus -
P3 Risk Management
- Number of lessons:
Classroom: 5 days
Live Online: 10 sessions
OnDemand/Distance Learning: study at your own pace
- Subject assessment: OnDemand computer based exam (CBE)
You’ll learn how to specify and manage risks that could affect a company’s strategies. You’ll gain the skills to apply techniques used in risk management, associated with cash flows and capital investment decisions.
- Course content:
Risk identification and evaluation
Responses to strategic risk
Internal controls to manage risk
Cash flow risks
Role of information systems in organisational strategy
New (2019) syllabus -
P3 Risk Management
- Number of lessons:
Classroom: 4 days
Live Online: 8 sessions
OnDemand/Distance Learning: study at your own pace
- Subject assessment: OnDemand computer based exam (CBE)
You’ll learn how to specify and manage risks that could affect a company’s strategies. You’ll gain the skills to apply techniques used in risk management and understand how the oversight of risks is critical to the governance of the organisation.
- Course content:
Enterprise risk
Strategic risk
Internal controls
Cyber security risks
Current (2015) syllabus -
F3 Financial Strategy
- Number of lessons:
Classroom: 5 days
Live Online: 10 sessions
OnDemand/Distance Learning: study at your own pace
- Subject assessment: OnDemand computer based exam (CBE)
You’ll gain the skills to work out the financial requirements of businesses, and value investment opportunities, including the assessment of corporate entities for mergers, acquisitions and divestments.
- Course content:
Formulating financial strategy
Financing and dividend decisions
Corporate finance
New (2019) syllabus -
F3 Financial Strategy
- Number of lessons:
Classroom: 5 days
Live Online: 10 sessions
OnDemand/Distance Learning: study at your own pace
- Subject assessment: OnDemand computer based exam (CBE)
You’ll gain the understanding of the different strategic financial objectives and policy options that are open to organisations and the factors that influence them. You’ll learn about the capital structure of a firm and sources long term funds, how to value investment opportunities, including the assessment of corporate entities for mergers, acquisitions and divestments and how to evaluate and manage financial risks.
- Course content:
Financial policy decisions
Sources of long term funds
Financial risks
Business Valuations
Case Study
Case Study
- Number of lessons:
Classroom: 5 days
Live Online: 7 sessions
OnDemand/Distance Learning: study at your own pace
- Subject assessment: OnDemand computer based exam (CBE)
You’ll be tested on your overall knowledge of E3, P3, and F3. Using the skills gained during the level, you’ll resolve issues that a management accountant may come across at work.
2. Study methods
Do you prefer face-to-face learning or studying online in your own time? Do you have family or work commitments that you need to fit your studies around? With four different study methods, we have a course that will meet your needs.
Study methods available for this qualification
Whatever study method you choose, you’ll benefit from high quality learning materials, practical learning methods, hundreds of practice questions, marked mock exams and expert support even on evenings and weekends. You can be confident with Kaplan.
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Study method comparison table
Award-winning structured online course with the flexibility to start anytime and study anywhere.
- Topic focused learning modules, containing tutor-led bite-sized videos
- Engaging activities designed for effective online learning
- Integrated programme to guide you efficiently through the whole syllabus
View OnDemand demo
A traditional scheduled programme with face to face tutor-led classes.
- Classes with your peers at set times of day
- Centrally located in most major cities: View all classroom locations
- Access to our award winning OnDemand online learning resources
View Classroom demo
Live interactive online classes at a set time, which you can watch from anywhere.
- Live lectures delivered online by a tutor
- Re-watch and replay lessons through recordings
- Access to our award winning OnDemand online learning resources
View Live Online demo
Self-study online modules for you to work through at your own pace.
- Study remotely with printed and online materials
- Study guide to provide direction
View Distance Learning demo
Timetables - Classroom and Live Online
date_rangeView timetables
3. Exams and sittings
Timings and working towards a sitting
Each subject is assessed by an objective test, and the level is assessed by a Case Study. The objective tests are computer-based and are 90 minutes each, taken at a Kaplan centre or Pearson VUE test centre. They consist of multiple choice, number entry, drag and drop, and other formats of questions. The exams can be sat at any time of the year, and can be taken in any order. All assessments are marked by computer. Your results will be available with 48 hours. Remember, you’ll have to book your exam as well as your course.
In the Case Study, you’ll be expected to use what you learned in the Strategic Level to work through a real life scenario, where your ‘role’ will be a Senior Finance Manager. Case Study exams are 3 hours long, are computer-based, and available to take in four windows throughout the year (February, May, August, November), at a Kaplan centre or Pearson VUE assessment centre. They are marked by a human, and results are available 5 weeks after the close of the exam window. They will test your research and analysis skills, how you present information, and your persuasion and communication skills.
How long does it take to pass?
Students usually take around one year to complete the level, but this depends entirely on your preferred way of learning and study method.
4. Study materials and delivery costs
Study materials
Classroom, Live Online and OnDemand students will receive printed and online study materials, while Distance Learning students have the option of printed and online, or online only. The CIMA materials are the only official CIMA study materials that cover the full syllabus, and are reviewed and approved by CIMA faculty, so you can be confident of their quality.
The following materials are included in each Objective Test course:
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Study text
A textbook covering the full subject syllabus with worked examples and activities.
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Integrated workbook (not included in Distance Learning)
The integrated workbook helps you work through the syllabus, with room to write your notes. It helps you keep everything in one place to make it easy to study and revise from.
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Revision cards
Pocket-sized, brief revision notes that highlight and prioritise the essential topics you need to understand to pass your CIMA exams.
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Study programme
Outlines the course structure, providing guidance on what to do, and when.
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Exam kit
The kit gives you plenty of exam style questions and answers to test your knowledge and practice.
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eLearning modules (Classroom, Live Online and OnDemand only)
Interactive tutor-led video modules that teach the whole syllabus and extend learning via tricky topic tutorials.
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eLearning resources (Distance Learning only)
eLearning contains over 120 hours of CIMA approved content.
The following materials are included in each Case Study course:
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Study programme
Outlines the syllabus structure.
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Study text
The official CIMA textbook covering Integrated Case Study Exam preparation with worked examples and activities.
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Familiarisation and Practice workbook
An examination preparation tool, based on the case study, including ethical considerations, key issues, how to prioritise, and plan your answer. The workbook includes 10-12 case specific tasks including a familiarisation quiz and exercises.
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Case analysis videos
Watch a tutor walk you through the pre-seen, highlighting key facts, information and potentially examinable topics.
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MyKaplan videos (except Distance Learning)
Technical recap recordings that will help you revise key syllabus areas from the underpinning subjects, and introduce you to how those topics could be examined in a case study examination.
To buy the materials separately...
You can buy CIMA approved books for each subject on this qualification from Kaplan Publishing.
Delivery costs
subscriptions
How much it costs to deliver your study materials and how long it takes depends on where in the world you live.
If you’re completing a classroom course, your materials are provided on the first day of your course.
Delivery fees are as follows:
UK and NI - £7 for the first package, £7 for subsequent packages
EU - £30 for the first package, £30 for subsequent packages
Rest of the World - £50 for the first package, £50 for subsequent packages
A package relates to all the materials for a specific subject, for example CIMA P3 Risk Management. If purchasing a course for more than one subject, the additional package charges will apply.
Delivery fees are capped at 3 x the cost, per single order. So, if you buy 5 courses for UK delivery in a single order, it will be £7 x 3, rather than £7 x 5.
Our standard delivery times are:
UK – 3 to 5 working days
EU – 5 to 7 working days
Rest of the World – 7 to 10 working days*
*Subject to availability.
Delivery charges apply to all Distance Learning, OnDemand and Live Online courses which include printed materials, and selected Classroom courses. If delivery charges are applicable for your course, they will be shown during the online checkout process, before you complete your payment details.
5. MyKaplan: online learning environment
Watch our video explaining MyKaplan (1:30)
MyKaplan is your online learning portal where you can access all of your online learning and testing resources, including online versions of your study materials. Accessible from your computer, tablet or via the dedicated mobile app, it’s the one stop shop for everything you need with practical resources to help you prepare for your exams.
Online features
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View your detailed study programme and online materials in one place and access your content in a few clicks
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Contact a tutor directly using live chat. You can also email or request a callback
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Complete practice tests and get instant feedback (Objective Tests)
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Track your performance by topic and easily identify where you need to improve; you can even compare yourself with others in your class
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Take part in forum discussions with students and tutors and find answers to common questions
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See instantly when your assessments have been marked (Case Study)
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Use the
mobile app to study on the move and access your study materials offline
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Access to VideoBank - hundreds of tutor-led videos to help you get the most out of your course.
Access duration
Your chosen study method determines how long you can access your content for.
Classroom
Three months from last course date.
Live Online
Three months from last course date.
OnDemand
Six months from enrolment date.
Distance Learning
12 months from enrolment date.
There is also one free extension for 3 months, and a further 3-month extension for £50.
For the Case Study, access durations are all six months after the selected exam sitting.
computerMinimum system requirements for MyKaplan
6. Tutor support
We'll support you every step of the way throughout your CIMA learning experience with us. You can contact a tutor and get the help you need quickly and easily.
Provided by our Academic Support team (our dedicated team of expert tutors):
- Live chat (instant response via online messenger system)
- Email (we'll get back to you within 4 hrs)
- Discussion forum (we’ll get back to you within 4 hrs)
- Request a callback so you can speak to a tutor (we’ll arrange a call with you within 24 hours). Please note request a callback is not available to overseas students.
Guaranteed Tutor response times
Academic Support:
Monday - Thursday: 8am - 9pm
Friday: 8am - 5:30pm
Weekends: 9am - 1pm
7. Testing and mocks
We have a wealth of materials to help you revise for and pass your exams. For the Objective Test, all study options come with the following:
Knowledge checks
As you go along, knowledge checks help assess your understanding of a topic before you move onto the next one.
Test yourself (Classroom, Live Online, OnDemand)/Test builder (Distance Learning)
There are a range of hundreds of questions to build your own tests, so you can target weak areas, or check your overall knowledge.
Four mock exams
Practice your exam technique with four mock exams (two for Distance Learning) so you can check your progress. The mock exams will have the same look and feel as the actual exam.
The Case Study is a difficult exam, testing your overall knowledge across the level, and is tested by a written exam, based on a business scenario. We support you with resources that match the feel of the real Case Study:
Practice Mock / Past Case Resources and Mocks
All students will get access to a Practice Mock, based on the pilot case study. Classroom, Live Online and OnDemand students will also get access to past case resources including a full exam standard mock exam will help you gain confidence in analysing a pre-seen and attempting an exam before you start work on the live case
Mock exams with personal feedback
Practice your exam technique with three mock exams (two for Distance Learning) from the live case which simulate the exam environment. Exams are marked with personalised feedback and a detailed debrief.
8. Pricing structure
Subject prices can differ depending on your study method, location and the time you choose to study (if you’re choosing Classroom). Go to our study methods page to learn more about each option.
Subjects are all priced individually, so you can purchase them altogether (for a discount), or separately as you need them.
| Scheduled |
Flexible |
| Classroom |
Live Online |
OnDemand |
Distance Learning |
| from £1,149 |
from £1,089 |
from £699 |
from £379 |
Funding options
Your employer may fund the costs of your studies if you're already working in a related field and want to develop your learning. You’ll need to speak to them to see if they’re willing to provide this support.
CIMA Strategic is covered in our interest-free payment plan. The plan lets you spread the cost of your studies over 12 months, with no extra costs. You’ll need to buy all subjects in the level to take out a payment plan.