Pass your actual test with our CIMA F3 training material at first attempt
Last Updated: Aug 14, 2026
No. of Questions: 435 Questions & Answers with Testing Engine
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The CIMA F3 exam is divided into two sections, each of which is designed to test different aspects of financial strategy. The first section focuses on financial analysis and risk management, while the second section focuses on investment analysis and financial planning. Both sections of the exam are equally important, and candidates must pass both sections to be certified.
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CIMAPRA19-F03-1 exam is a computer-based assessment that consists of objective test questions. F3 exam is divided into two sections, each containing 60 objective test questions. Candidates have three hours to complete the exam, and the pass mark is set at 60%. Candidates who successfully pass the CIMAPRA19-F03-1 exam will be awarded the CIMA Advanced Diploma in Financial Management.
The CIMA F3 exam is conducted by the Chartered Institute of Management Accountants (CIMA), which is a leading professional body for management accountants. F3 Financial Strategy certification is open to individuals who have completed the CIMA Certificate in Business Accounting or an equivalent qualification. Candidates can take the exam at any of the CIMA exam centers located worldwide.
Reference: https://planner.cimaglobal.com/proqual/2019/strategic/F3
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The Chartered Institute of Management Accountants (CIMA) F3 exam is focused on financial strategy. It is one of the core exams in the CIMA professional qualification and is essential for anyone who wants to pursue a career in management accounting or financial management. F3 exam assesses the candidate's understanding of the key principles of financial strategy, their ability to analyze financial information, and their skills in developing and implementing financial plans.
| Section | Weight | Objectives |
|---|---|---|
| Business Valuation | 40% | - Investment appraisal
- Valuation methods
|
| Sources of Long-term Funds | 25% | - Equity finance
- Capital structure theories and WACC
|
| Financial Risks | 20% | - Risk reporting and governance - Risk management techniques
|
| Financial Policy Decisions | 15% | - Strategic financial objectives and stakeholder impact
|
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