CIMA CIMAPRA19-P03-1 Exam : CIMA Risk Management Exam

  • Exam Code: CIMAPRA19-P03-1
  • Exam Name: CIMA Risk Management Exam
  • Updated: Oct 03, 2026
  • Q & A: 223 Questions and Answers

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What is the CIMA Level, and how to earn a CIMA Level I-IV?

The purpose of the CIMA levels is to indicate the level of your knowledge, skills and abilities in management accounting. The levels are:

  • CIMA Level 1: For those who have acquired at least 60% of what they need to know, but do not yet possess the knowledge and skills necessary to work as a full-time member. These individuals can still be very useful in organizations, as accounting managers or research assistants. They also gain a greater understanding of boundaries and can advise others on matters that are beyond their level.
  • CIMA Level 2: For those who have acquired at least 80% of what they need to know, but do not yet possess the knowledge and skills necessary to work as a full-time member. These individuals can still be very useful in organizations, as accounting managers or research assistants. They also gain a greater understanding of boundaries and can advise others on matters that are beyond their level.
  • CIMA Level 3: For those who have acquired at least 90% of what they need to know, but do not yet possess the knowledge and skills necessary to work as a full-time member.

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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.

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

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CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

SectionWeightObjectives
Enterprise Risk25%- Risk management techniques (TARA, mitigation, registers, reporting)
- Sources and types of risk
- Risk evaluation and measurement
Internal Controls25%- Internal control systems analysis
- Designing internal controls for risk management
- Internal audit issues and assurance mapping
Strategic Risk25%- Reputational risks and impact
- Governance risks and oversight
- Risks associated with strategy formulation
Cyber Risk25%- Cyber security processes
- Cyber threats and vulnerabilities
- Tools, techniques and cyber risk reporting

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