The Strategic Level is one of three you need to study and complete in order to achieve the CIMA Professional Qualification. This Strategic Level package includes four individual modules: Strategic Management, Risk Management, Financial Strategy, and the Strategic Case Study
On completion of the CIMA Professional Qualification, you will be awarded the Chartered Global Management Accountant (CGMA) designation. This showcases your professionalism, business and leadership skills, ethics and commitment.
Successful completion of this Strategic Level will contribute towards achieving the CIMA Professional Qualification.
Varies depending on enrolment date.
You will receive a Strategic Level pass, which will count towards your CIMA Professional Qualification.
You must have completed the Operational and Management level exams.
A mixture of progress texts and mock exams as well as one examination per module.
CIMA Professional Qualification – Strategic Management module E3
The purpose of strategy
Types and levels of strategy
The strategy process
Elements of the ecosystem
Drivers of change in the ecosystem
Impact of the ecosystem on organisational strategy
Generating and developing strategic options
Purpose, visions and values of an organisation
Evaluating strategic options
Producing the strategy
Developing a strategic management performance system
Resource allocation to support strategy implementation
Change management techniques and methodologies
Governance of digital transformation
Analysing digital transformation
CIMA Professional Qualification – Risk Management module P3
Sources and types of risk
Risks associated with formulating strategy
Sources and impacts of reputational risk
Internal control systems
Internal controls for risk management
Issues relating to internal audits
Reviewing cyber security processes
Cyber security tools and techniques
Cyber risk reporting
CIMA Professional Qualification – Financial Strategy module F3
Advising on financial and non-financial objectives
Analysing strategic financial policy decisions
External influences on financial strategic decisions
Long-term debt finance
Types of financial risk
Evaluating financial risk
Managing financial risk
Pricing and bid issues
Post transaction issues
CIMA Professional Qualification – Strategic Case Study module
You will need to sit a 90-minute computer-based objective test at the end of modules E3, P3 and F3. Objective tests comprise of a range of items including short multiple-choice questions, number entry questions, drag and drop questions and other formats. They test all component learning outcomes across the whole subject.
The cost of the objective test is not included in the price of this module. You will need to book with CIMA via the CIMA website.
You will need to complete a three-hour long case study exam at the end of the case study module. This will create a simulated business situation for students. The exam will include pre-seen and unseen material.
The cost of the case study exam is not included in the price of this module. You will need to book with CIMA.
This course is offered on a distance learning basis, with access to required study materials and unlimited support from your personal tutor via email. Study at your own pace, wherever and whenever you choose.
At the end of this course and on successful completion of the practical experience requirements, you will achieve your CIMA Professional Qualification. Students will be admitted to associate membership and granted the associate chartered management accountant (ACMA) and Chartered Global Management Accountant (CGMA) designations.
Students who complete all three levels (Operational Level, Management Level and Strategic Level) will achieve the CIMA Professional Qualification.
The Chartered Institute of Management Accountants (CIMA) is the world’s largest leading professional body of management accountants, with the most useful accounting qualification for a career in business.
You must have completed the Operational and Management Levels and exams.
Please be aware that you will need to have three years of relevant practical experience; which can be gained before, during or after studies to achieve the full qualification. Find out more about practical experience requirements on the CIMA website.
There may be exemptions depending on what qualifications you already have.
To find out if you are eligible to claim for an exemption see the CIMA website.
Registration fees and exams are not included in the cost of this course. You will need to book and pay for these directly with CIMA.
That's not a problem. We want to make sure you're 100% confident about enrolling on the course and starting your study. So, just give our Student Adviser Team a call on 03300 563 100 and they'll do their best to help.