CIMA F3 Q&A - in .pdf

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  • Exam Code: F3
  • Exam Name: F3 Financial Strategy
  • Updated: Aug 10, 2026
  • Q & A: 435 Questions and Answers
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CIMA F3 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Sources of long-term funds25%- Financing and dividend decisions
  • 1. Capital structure decisions
  • 2. External factors influencing financial strategy
  • 3. Relationship between investment, financing, and dividends
Topic 2: Business valuation40%- Corporate finance and valuation
  • 1. Valuation methods (DCF, Multiples, Asset-based)
  • 2. Corporate restructuring and reconstructions
  • 3. Cost of capital (WACC, CAPM)
  • 4. Mergers, acquisitions, and divestments
Topic 3: Financial risks20%- Managing financial risks
  • 1. Hedging and derivatives
  • 2. Counterparty risk
  • 3. Currency and interest rate risks
Topic 4: Financial policy decisions15%- Formulation of financial strategy
  • 1. Evaluating strategic objectives
  • 2. Sustainability reporting
  • 3. Financial management policies
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