CIMA CIMAPRA19-P03-1 : CIMA Risk Management Exam

CIMAPRA19-P03-1 pass collection

Exam Code: CIMAPRA19-P03-1

Exam Name: CIMA Risk Management Exam

Updated: Jul 18, 2026

Q & A: 223 Questions and Answers

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About CIMA CIMAPRA19-P03-1 Exam

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.

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.
  • 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.
  • 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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Who can take CIMA CIMAPRA19-P03-1 Certification Exam?

The exam is administered by leading accounting firms across the globe. The exam is available only to those who meet certain requirements. In general, if you hold a bachelor's or master's degree from an accredited college, university or school with a minimum of two years of relevant work experience in financial management or auditing, your CIMA CIMAPRA19-P03-1 certification exam will be accepted. If a candidate has knowledge and skills that are required to pass CIMA CIMAPRA19-P03-1 Certified Trust and Financial Advisor CTFA Exam and fully prepared with CIMA CIMAPRA19-P03-1 Dumps then he should take this CIMA CIMAPRA19-P03-1 CTFA exam. In addition to meeting requirements for college education and work history, applicants must take the exam in the language of their choice. Applicants who do not meet these requirements may still apply to take the exam, but they will not receive an original certification.

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

CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:

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

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