CIMA Professional Qualification - Strategic Management module E3

The CIMA Professional Qualification is recognised worldwide as the most relevant global finance qualification for a career in business and finance. In the Strategic Management E3 module, you will be introduced to why strategy is at the heart of what organisations do. this module provides the foundation of strategic management for a business. This is one of the 12 modules you need to complete in order to achieve the CIMA Professional qualification. By successfully completing the Strategic Management E3 exam, you will be one step closer to achieving the CIMA Professional Qualification. On completion of the CIMA Professional Qualification, you will be awarded the Chartered Global Management Accountant (CGMA) designation. This showcases your professionalism, business and leadership skills, ethics, and commitment. It is ideal for:

• Students who want to develop their accounting and finance knowledge.
• Those aspiring to work or progress their career in accounting, finance, or bookkeeping.

Future career options:

• Chartered accountant
• Finance manager
• Management accountant
• External auditor
• Forensic accountant
• Stockbroker
• Internal auditor
• Business analyst

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Course Content

The strategy process

• The purpose of strategy
• Types and levels of strategy
• The strategy process

Analysing the organisational ecosystem

• Elements of the ecosystem
• Drivers of change in the ecosystem
• Impact of the ecosystem on organisational strategy

Generating strategic options and making strategic choices

• Generating and developing strategic options
• Purpose, visions and values of an organisation
• Evaluating strategic options
• Producing the strategy

Strategic control

• Developing a strategic management performance system
• Resource allocation to support strategy implementation
• Change management techniques and methodologies

Digital strategy

• Governance of digital transformation
• Analysing digital transformation
• Digital strategies