CIMA Strategic Level: P3 - Risk Management
In the CIMA P3 module, you'll explore how to identify, evaluate, and manage enterprise risks, including strategic and cyber risks. You'll develop your understanding of the importance of oversight and effective use of internal controls in the risk management process.
Perfect for leadership roles in management accounting
Boost your career prospects and increase your salary
Fast-track career progression
Global recognition of your experience, commitment and skills
Study from£900 (inc VAT)
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Dedicated support from CIMA qualified tutors
100% online, classroom and residential options
Market leading pass rates
Over 50 years delivering accounting qualifications
Approved CIMA provider
Globally recognised qualifications
Subject Overview
Why is the CIMA Level 7 Professional Qualification (CGMA) course right for you?
Boost your career prospects: 75% of CIMA students secure employment within six months of graduation.
Perfect for progressing to leadership roles: Ideal for management accountant, or finance manager roles.
Increase your salary: CGMA designation holders can start with salaries around £66,000, with potential for significant growth.
Fast-track career progression: 89% of CIMA members report that the qualification has positively impacted their career development.
Global recognition: CIMA is internationally respected, enhancing your employability worldwide.
This qualification not only opens doors to exciting job opportunities but also sets you on a path toward a rewarding and lucrative career in finance.
Who is the course for?
Aspiring finance professionals: Ideal for roles like Management Accountant (£40k-£61k), Finance Manager (£50k-75k), and Chief Financial Officer (£96k-£229k)
Career changers: Transition into finance from a different professional background.
Graduates: A great option for relevant degree holders.
Working professionals: Study while balancing work and personal commitments.
Career progressors: Increase earning potential and move into senior roles.
International students: A globally recognised qualification for worldwide opportunities.
This course helps build a strong foundation in accounting and finance.
Subject Details
Completing the CIMA Level 7 Professional Qualification typically takes 3 years, with each exam, including P3, taking 3 months to complete on average.
You must have already completed all four subjects in the Certificate in Business Accounting before enrolling on this course.
AAT-qualified candidates, and those with a relevant degree may be exempt from the Certificate in Business Accounting and can begin the course at the Operational Level.
To find out more speak to a learning advisor.
In-person learning at our 17th-century Manor. Ideal for an immersive experience.
Unique learning environment
All-inclusive experience
Accommodation and meals
Outstanding facilities
On-site exam centre
Traditional face-to-face classes with experienced tutors. If you like the idea of learning in person, where you bounce around ideas with other learners, then our face-to-face classes are for you. Classes take place every few months at one of our many UK venues.
Ideal for learners who prefer traditional classroom settings
Face-to-face interaction
Convenient locations across the UK
Engaging in real-time learning experience
Structured delivery plan
Networking opportunities
In-person and online tutor support
Study books and online resources
Access to recorded sessions
In-class assignments and exam preparation
Our venues span London, Northampton, Birmingham, Newcastle, Cambridge, Little Compton, and many other locations. If you have a specific place in mind, reach out to us - we’d be happy to discuss options to suit your needs.
Get all the benefits of in-person learning, all from the comfort of your home. Great if you need a little more flexibility when it comes to location, but still want the opportunity to interact with other learners.
Ideal for learners who want the classroom experience from the comfort of their home and full tutor support
Live classroom sessions streamed online
Dynamic delivery and instant Q&A
Collaborative activities
Engaging real-time learning experience
Structured delivery plan
Networking opportunities (online)
Online tutor support
Study books and online resources
Access to recorded sessions
Online assignments and exam preparation
Flexible, live sessions accessible from any location.
Experience the flexibility of Live Online learning and engage in real-time, interactive sessions from anywhere. Achieve your goals without the commute!
Ideal for learners who want the flexibility to study from any location
Live interactive sessions online
Dynamic delivery and instant Q&A
Collaborative activities
Engaging real-time learning experience
Structured delivery plan
Networking opportunities (online)
Access to full tutor support (online)
Access to study manual and online resources
Online exam preparation
Study whenever and wherever suits you. On-demand learning offers ultimate flexibility, allowing learners to access high-quality course materials anytime, anywhere.
Ideal for independent learners who want flexible, self-paced learning to fit around their busy lives.
Self-paced learning
Digital materials
Remote accessibility
Self-paced progression
Email tutor support
Flexible access
Exam simulator
For the CIMA P1 module (Management Accounting), learners are assessed through:
Objective Test (OT): A computer-based exam that includes multiple-choice, multiple-response, drag-and-drop, and other objective question formats.
Exam Duration: 90 minutes.
Passing Mark: 70%.
This is a standalone exam for P1, and there are no additional assessments or coursework requirements for this module.
Booking your exams
Reed Business School is a CIMA exam centre.
You’ll need to register with CIMA before you can sit an exam. If you’d like to book your exam with us, please complete our CIMA enrolment form.
If you are not attending one of our courses and you’d like to book your CIMA exam with us, please download our computer-based exam (CBE) dates, complete the booking form and return it to us.
Pay in Full
To pay for your course in full, simply enquire, call us on 01608 674224, or complete the booking form. We’ll provide you with all the details you need to complete the payment smoothly.Invoice Your Employer
If your employer is covering the cost of your course, we can invoice them directly. This means you can focus on your studies while we handle the payment process. Let us take care of the details!
If you're currently a student or considering CIMA with us, you'll find all essential resources here, from course outlines to application forms.
Accommodation booking form (Residential only)
If you have any questions or need further assistance, please don't hesitate to contact our support team. We're here to help ensure your success every step of the way.
Remember to return your forms to rbs.reed@reedbusinessschool.co.uk.
Choose your study method
We offer flexible study methods to suit your lifestyle and budget. All options include 24/7 access to our Virtual Learning Environment (VLE), expert tutor support, and comprehensive online resources to help you succeed.
On-demand
Flexible, self-paced online learning. Ideal for independent learners.
Comprehensive digital materials
Access to recorded webinars
Tutor support via email
Self-assessment quizzes
Optional 1-2-1 tutor (fees apply)
Live Online
Real-time, online classes with live tutors. Ideal for learners seeking flexibility.
Scheduled live sessions online.
Direct support from tutors.
Real-time collaboration with peers.
Recorded sessions for later review.
Interactive online learning environment.
£975.00 (inc VAT)
Online classroom
Enjoy a classroom experience from home. Ideal for learners seeking live online lessons
Online classroom experience.
Direct support from tutors.
Real-time collaboration with peers.
Recorded sessions for later review.
Interactive online learning environment.
£975.00 (inc VAT)
Classroom
In-person learning. Ideal for learners who prefer traditional classroom settings.
Face-to-face, classroom learning.
Immediate feedback from tutors.
Networking with fellow learners.
Online resources for extra support.
Convenient times and locations
£1145.00 (inc VAT)
Residential
In-person learning at our 17th-century Manor. Ideal an immersive experience.
Unique learning environment
All-inclusive experience
Accommodation and meals
Outstanding facilities
On-site exam centre
Course price does not include accommodation fees. Rooms are available from £75 per night.
£1200.00 (inc VAT)
Why Reed Business School?
When you learn with Reed Business School, you’ll benefit from:
Market-leading pass rates: achieve top results with our expert support and resources.
Proven success: our students consistently perform at the highest level.
Experienced tutors: subject specialists guide you to pass your qualifications.
Proven teaching formula: helping thousands of students succeed.
Flexible delivery options: classroom, online, residential, and self-paced study available.
Convenient study: learn anytime, anywhere on your laptop, phone, or tablet.
Additional study materials: includes revision cards and question bank.
Mock exams & recorded lessons: accessible via Microsoft Teams.
Comprehensive materials: texts, revision cards, and mock exams included.
Highly rated: 4.6/5 on CourseCheck from hundreds of reviews.
50+ years of experience: a trusted provider with proven CIMA results.
On-site exam centre: sit exams in a familiar, convenient setting.
Trusted brand: decades of expertise in learning and recruitment.
See what our learners have to say...
Testimonials
Lewis Crowther, Group Chief Financial Officer, Reed Global Limited
Charles Farmer, Chief Executive Officer, The Really Useful Group
Frequently Asked Questions
The CIMA Level 7 Professional Qualification is a qualification that provides advanced knowledge in management accounting, operations, strategy and management.
It’s ideal for individuals looking to advance their career into leadership roles in finance, accounting, or business management, including graduates.
You must have completed all four subjects in the CIMA LEVEL 4 Certificate in Business Accounting before enrolling on this course.
Candidates with AAT qualifications or a relevant degree may be exempt from the Certificate in Business Accounting requirement and can begin the course at the Operational Level.
To find out more speak to a learning advisor.
Useful links
If you're currently a student or considering CIMA with us, you'll find all essential resources here, from course outlines to application forms.
If you have any questions or need further assistance, please don't hesitate to contact our support team. We're here to help ensure your success every step of the way. Remember to return your forms to rbs.reed@reedbusinessschool.co.uk.
Case Studies
A CIMA success story: Nick Bancroft
Hear from Reed Business School student Nick Bancroft, Operations and Finance Coordinator at Simon Hegele Logistics and Service.
Discover the inspiring journey of CIMA student Charles Farmer
From challenges to triumphs, discover what makes Charles' journey inspiring and insightful for aspiring accountants."
Discover what it’s like studying for your ACCA qualification at Reed Business School
Discover the unparalleled experience of studying for your ACCA qualification at Reed Business School. From expert tutors to a supportive learning environment, find out how we help you achieve your professional goals.
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Not sure which option is right for you?
Speak to one of our specialist learning advisers who will talk you through your options.
