Exam Code: CIMAPRA19-P03-1
Exam Name: CIMA Risk Management Exam
Certification Provider: CIMA
Corresponding Certification: CIMA Certification
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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.

Those who pass the CAMS exam with the help of CIMA CIMAPRA19-P03-1 Dumps gain several benefits:

  • Students will be able to demonstrate their skills in financial management to employers. Schools and institutions can use the CIMA level as a basis for determining admission requirements. Students interested in pursuing studies in business can take this exam as part of their post-secondary courses.
  • With a certification from CIBA, graduates are able to show employers that they have acquired at least 80% of what they need to know about financial management.
  • The CIMA level helps to develop students' abilities in problem-solving skills by developing their capacity for making and analyzing decisions. When students pass the CIMA level, they are eligible to become members of CIMA International.

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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.

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

Prerequisites of CIMA CIMAPRA19-P03-1 Certification Exam

In order to take the CIMA CIMAPRA19-P03-1 certification exam, students must meet all the following requirements:

  • Masters Degree in finance or accounting with a GPA of at least 2.75
  • Minimum three years of relevant work experience as a financial manager or auditor
  • To complete the Postgraduate Business Course (PGBC), you must have knowledge of English and be able to communicate effectively on a professional level in this language
  • To complete the Professional Practice Management course (PPBC), you must have knowledge of English and be able to communicate effectively on a professional level in this language
  • To take the exam, you must have received a minimum grade of 70% in each of the four exam sections: Corporate Finance and Accounting, Auditing, Management Control and Risk Management and Economics for Managers
  • The exam can only be taken once per person in one sitting period. It is taken twice annually within six months of one another
  • To receive your certification by CIMA CIMAPRA19-P03-1 examination, you must pass each exam section with a minimum score of 70%

The development of science and technology makes our life more comfortable and convenient, which also brings us more challenges. Many company requests candidates not only have work experiences, but also some professional certifications. Therefore it is necessary to get a professional CIMA certification to pave the way for a better future. The CIMAPRA19-P03-1 question and answers produced by our company, is helpful for our customers to pass their exams and get the CIMAPRA19-P03-1 certification within several days. Our CIMAPRA19-P03-1 exam questions are your best choice.

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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

SectionWeightObjectives
Enterprise Risk25%- Risk Identification
  • 1. Risk classification across the organization
    • 2. Internal and external risk sources
      - Risk Response
      • 1. Mitigation strategies
        • 2. Risk transfer and avoidance
          - Risk Assessment
          • 1. Likelihood and impact analysis
            • 2. Risk prioritization techniques
              Strategic Risk25%- Strategic Decision Risk
              • 1. Competitive positioning risk
                • 2. Market entry and expansion risk
                  - External Environment Risk
                  • 1. Political and regulatory risk
                    • 2. Economic and reputational risk
                      Internal Controls25%- Control Systems
                      • 1. Design of internal controls
                        • 2. Preventive and detective controls
                          - Control Evaluation
                          • 1. Control failure and remediation
                            • 2. Effectiveness assessment
                              Cyber Risk25%- Cyber Threats
                              • 1. Data breaches and hacking risks
                                • 2. System vulnerabilities
                                  - Cyber Controls
                                  • 1. Access control and authentication
                                    • 2. Incident response planning

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