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IMA CMA-Strategic-Financial-Management Certification Exam is highly valued by employers and is recognized globally. It is designed to assess the candidate's ability to apply financial management concepts and techniques to real-world business scenarios. CMA-Strategic-Financial-Management exam is a rigorous and comprehensive assessment of the candidate's knowledge and skills in the field of strategic financial management. Successful candidates demonstrate their ability to make sound financial decisions and add value to their organizations.

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IMA CMA-Strategic-Financial-Management Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Enterprise Risk Management10%- Risk identification and classification
  • 1. Types of business risk: financial, operational, legal, strategic
    • 2. Risk assessment and mitigation strategies
      • 3. ERM framework and governance
        Topic 2: Business Decision Analysis25%- Cost-volume-profit analysis
        • 1. Risk analysis and uncertainty
          • 2. Decision-making under risk
            • 3. Pricing decisions: market-based and cost-based
              • 4. Marginal analysis and relevant costs
                Topic 3: Professional Ethics15%- IMA Statement of Ethical Professional Practice
                • 1. Resolution of ethical conflict
                  • 2. Corporate responsibility and governance
                    • 3. Ethical principles and standards
                      Topic 4: Corporate Finance20%- Risk and return
                      • 1. Working capital management
                        • 2. Cost of capital: debt, equity, WACC
                          • 3. Raising capital and dividend policy
                            • 4. Types of risk and return measurement
                              • 5. Capital structure and optimal financing
                                Topic 5: Capital Investment Decisions10%- Capital budgeting process
                                • 1. Project risk and sensitivity analysis
                                  • 2. Discounted cash flow techniques: NPV, IRR, payback
                                    • 3. Real options and valuation
                                      Topic 6: Financial Statement Analysis20%- Basic financial statement analysis
                                      • 1. GAAP vs IFRS differences
                                        • 2. Earnings quality and quality of financial reporting
                                          • 3. Common-size and common-base year statements
                                            • 4. Financial ratios: liquidity, leverage, activity, profitability

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