How long does it take to complete the F3 course?

The F3 course is designed for flexible learning. Most students complete it in 8-12 weeks studying 6-8 hours per week. You can progress at your own pace with lifetime access to all materials.

Do I get access to practice exams and mock assessments?

Yes — your course includes comprehensive practice questions, mock assessments, and exam-style scenarios with detailed feedback to help you identify areas for improvement.

What support is available during my studies?

You have access to expert tutors through discussion forums, weekly live Q&A sessions, and office hours. Our tutors are industry professionals with extensive teaching experience.

F3 · Strategic Level · CIMA

F3 Objective Test

F3 Financial Strategy covers how businesses raise finance, manage capital structure, value companies, and make strategic investment decisions. You'll learn to evaluate M&A, understand treasury management, and apply real options and advanced valuation techniques. It's the "CFO toolkit" subject.

130 lessons 1h of video Pass guarantee

What you'll learn

Cost of capital: WACC, CAPM, APT
Capital structure: Modigliani-Miller and trade-off theory
Business valuations: DCF, P/E, EVA approaches
Mergers and acquisitions: rationale, process, due diligence
Treasury management and foreign exchange risk
Dividend policy and financial strategy decisions

Objective Test Exam

F3 Objective Test

Computer-based exam taken at a Pearson VUE test centre. Sat independently — no aggregation of marks with other subjects. Available in March, June, September & December.

Questions

Minutes

50%

Pass mark

Sessions/yr

Practice Exams

CIMA Objective Test Practice

Test your knowledge with authentic CIMA-style objective test questions. Get instant feedback and detailed explanations after every attempt.

60 questions in 90 minutes

All 6 CIMA question types included

Instant results with detailed explanations

Unlimited practice attempts

Performance tracking and analytics

Question Types Covered

• Single Best Answer

• Multiple Response

• True/False

• Fill in the Gap

• Matching

• Ordering/Sequencing

Subject Access Required

Practice exams are available to all students with subject access. Get access to unlock unlimited practice exams with detailed explanations and performance analytics.

Subject access includes:

All video lessons

Unlimited practice exams

Detailed answer explanations

Performance analytics

Get Full Access

Study Plan

Personalized learning path

View Study Plan

What you'll study

Preparing for Objective Test exams

Master the CIMA F3 Objective Test format, question types, and strategic exam techniques to optimise your performance. This section equips you with essential skills in time management, question interpretation, and efficient preparation strategies.

1 module · 5 lessons

F3 Subject overview

F3 Objective Test covers strategic financial management essentials, including how organisations structure long-term funding, manage financial risk, and align financial policy with business objectives. This foundational section equips management accountants with the core concepts needed to operate effectively at a strategic level.

1 module · 5 lessons

A. Financial policy decisions

Section A covers how financial policy decisions regarding dividends, financing, and investment affect shareholder value creation and entity performance. It examines foundational financial theories and practical frameworks for formulating strategic financial policies aligned with organisational objectives.

2 modules · 15 lessons

B. Sources of long-term funds

This section examines the sources of long-term funding available to organisations, including debt finance, equity finance, and hybrid instruments, and evaluates the trade-offs between cost, control, risk, and capital structure decisions. It covers how organisations select appropriate financing methods to support expansion and growth strategies.

4 modules · 35 lessons

C. Financial risks

Learn to identify, analyse and manage financial risks including interest rate, currency, and credit risks using natural hedging strategies and financial derivatives. This section equips you with practical techniques to mitigate exposure to market volatility at the CIMA Strategic Level.

4 modules · 40 lessons

D. Business valuation

Develop expertise in business valuation methodologies including discounted cashflow, earnings multiples, and asset-based approaches essential for M&A transactions and strategic investment decisions. Master the application of appropriate valuation techniques across various business contexts, from acquisition rationale through post-transaction analysis.

4 modules · 30 lessons

F3 mock exams

Coming soon

F3 mock exams provide exam-standard simulations that replicate the real CIMA Objective Test experience, enabling you to practise under timed conditions and identify knowledge gaps. These comprehensive assessments include detailed solutions and explanations to build exam confidence and reinforce understanding of F3 Financial Strategy concepts.

5 modules

Get access

F3 Objective Test

£399 lifetime access

All video lessons, exercises and resources
Unlimited practice exams with detailed feedback
Pass guarantee included

Get F3 — £399 View all pricing options

How it works for F3

Step 1

Learn

Grasp the F3 syllabus fast.

130 lessons covering every examinable area — nothing more, nothing less. 1 hours of focused video. No 40-hour lecture series when 15 will do.

Expert-led video lessonsDownloadable course notesAI video assistant

Step 2

Practise

Sit the F3 exam before you sit it for real.

60-question objective test mocks replicating official CIMA conditions. Same format, same timing, same pressure. Full worked explanations for every answer.

60-question mock examsWorked explanationsUnlimited attemptsPerformance tracking

Step 3

Diagnose

Stop revising F3 topics you already know.

After every mock, VIVA maps your F3 strengths and weaknesses and rebuilds your study path around what actually needs work. Instant AI-enhanced marking with expert oversight. The speed of technology, the judgement of real experts.

Instant markingStrength & weakness mapSmarter sequencingExpert oversight

When your Exam Readiness Score hits Green, the system has confirmed you're ready to pass.

Hit Green ERS, sit F3, fail — we refund you.

Not sure if F3 is your next step?

Find exactly what to buy next.

Tell us how far through CIMA you are. We'll show you the right course pack in 30 seconds.

Find my course Get F3 — £399

Frequently asked questions

Most students complete F3 in 8–12 weeks studying 6–8 hours per week. You have lifetime access so you can progress at your own pace.

Yes — every learning outcome in the F3 syllabus is covered across the video lessons and practice questions.

Yes — your course includes unlimited objective test practice with 60-question exams, instant feedback, and detailed explanations for every question.

Yes. If you complete the course and don't pass your exam, we'll refund your course fee in full. Terms apply — see our pass guarantee page for details.