CIMA CIMAPRA19-P03-1 : CIMA Risk Management Exam

  • Exam Code: CIMAPRA19-P03-1
  • Exam Name: CIMA Risk Management Exam
  • Updated: Aug 09, 2026   Q&As: 223 Questions and Answers

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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%

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

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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:

  • 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.
  • 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.

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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:
SectionWeightObjectives
Topic 1: Strategic Risk25%- Strategic Decision Risk
  • 1. Market entry and expansion risk
    • 2. Competitive positioning risk
      - External Environment Risk
      • 1. Political and regulatory risk
        • 2. Economic and reputational risk
          Topic 2: Internal Controls25%- Control Systems
          • 1. Design of internal controls
            • 2. Preventive and detective controls
              - Control Evaluation
              • 1. Control failure and remediation
                • 2. Effectiveness assessment
                  Topic 3: Enterprise Risk25%- Risk Assessment
                  • 1. Risk prioritization techniques
                    • 2. Likelihood and impact analysis
                      - Risk Identification
                      • 1. Risk classification across the organization
                        • 2. Internal and external risk sources
                          - Risk Response
                          • 1. Mitigation strategies
                            • 2. Risk transfer and avoidance
                              Topic 4: 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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