Exam Name: CIMA Risk Management Exam
Certification Provider: CIMA
Corresponding Certification: CIMA Certification
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Instant Download CIMA : CIMAPRA19-P03-1
Check Updated on: Aug 17, 2026
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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
What is CIMA CIMAPRA19-P03-1 Certification Exam
CIMA is the Council of Senior Managers in Africa and the Council is the go-to organization for CIMA certification exams. Unless otherwise noted, all exam questions are taken from one of two core textbooks and each is based on one of two core certification tracks, sustainable management, and corporate finance/auditing. The education syllabus depends on the kind of CIMA CIMAPRA19-P03-1 certification you are taking. The following is a list of topics that the exam may cover: The following courses will provide you with an overview of how to prepare for exams. This is just the title of the course, you can look up the course on this web page: Since each exam is different, it is important to check with your instructor for individualized instruction. However, most courses follow a similar structure.
CIMA CIMAPRA19-P03-1 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enterprise Risk | 25% | - ERM frameworks (COSO, ISO 31000) - Risk registers and assurance mapping - Risk appetite, tolerance and capacity - Sources and types of risk |
| Topic 2: Cyber Risk | 25% | - Cyber risk assessment and reporting - Information security standards (ISO 27001) - Cyber threats and vulnerabilities - Cyber controls and incident response |
| Topic 3: Strategic Risk | 25% | - Stress testing and scenario analysis - Financial risk and hedging techniques - Reputational and compliance risk - Governance and board responsibilities |
| Topic 4: Internal Controls | 25% | - Control monitoring and reporting - COSO Internal Control framework - Control design and segregation of duties - Role of internal audit |
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