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Tips for mastering the CIMA Case Study Exams
The CIMA® Case Study exams are the final capstone exams of each level of the CIMA Professional Qualification, which students must pass to gain the CGMA® designation. We explore four tips to help you prepare for the exams.
1) Understand the three Case Study levels.
Each Case Study exam lasts three hours, with multiple tasks of equal lengths. There is a natural progression to the levels — Operational, Management and Strategic — that simulate how work as a management accountant progresses. To reach the Case Study level, you will have already passed the Objective Tests, which focus on ensuring that you have acquired the knowledge and skills for each pillar. Case Study exams are more about interpreting data and require practical answers to practical questions and simulate real-life business scenarios.
Operational Case Study (OCS)
- Focus — The short-term role of the finance officer and the implementation of decisions
- Skills you need to convey — How to work with others in the organisation and use appropriate data and technology to translate medium-term decisions into short-term actionable plans
- Stats — Three-hour exam containing four tasks related to the enterprise, performance, and financial pillars; allotted 45 minutes per task, each task has two to three sub-tasks
Management Case Study (MCS)
- Focus — The role of the finance manager involves translating long-term decisions into medium-term plans
- Skills you need to convey — How to use data and relevant technology to manage organisational and individual performance; allocate resources to implement decisions; monitor and report the implementation of decisions; prepare and interpret financial statements to show performance
Strategic Case Study (SCS)
- Focus — The role of the senior finance manager entails long-term strategic decision-making
- Skills you need to convey — How to support organisational leaders to craft strategy and evaluate and manage risks that might prevent the successful implementation of strategy, including sourcing financial resources; value the organisations
- Stats — Three-hour exam containing three tasks related to the enterprise, performance, and financial pillars; allotted 1-hour per task, each task has two to three sub-tasks
2) Understand the Case Study exam cycle.
- Preseen — Released seven weeks before Exam 1
- Exam 1 — Exam cycle is May and August . The same three to four exam variants are offered both months.
- Results — Released seven weeks after the exam
- Preseen — Released seven weeks before Exam 2
- Exam 2 — Exam cycle is November and February . The same three to four exam variants are offered both months.
C opyright: BPP
3) Understand the pre-seen materials.
Pre-seen materials — known as ‘preseens’ — are background information about the fictitious organisation featured in the Case Study exam. This information forms the basis of the tasks you can expect to see in the exam. The preseen tells the story of the company, including the industry and context in which it operates, its financial statements, management accounts, markets and competitors. Preseens are usually 26 – 30 pages long. Key tips include:
- Be ready — Familiarise yourself with the company, industry and current events.
- Analyse — Perform an analysis such as strengths, weaknesses, opportunities and threats (SWOT) or political, economic, social and technological (PEST); review financial statements and reporting issues. The end of the preseen will contain live issues regarding what is happening in the industry. For instance, a new standard may have come out that will change reporting standards from the current year to the next and that the Case Study exam must address.
- Cross-reference with the blueprint — Being able to know what you can do is critical. Can you discuss finance options, dividend policy or evaluate digital strategies?
Tackling “I can” from each of the core activities in each of the sections is necessary for success. For instance:
- I can identify relevant costs and benefits.
- I can advise on the communication process.
- I can recommend a dividend policy.
- I can use appropriate technologies to gather data for costing purposes, from digital and other sources.
Have a broad syllabus knowledge and know your company intrinsically. You become the person when you role-play the exam. Avoid prefabricated answers, as the exam will have details not included in the preseens. Your answers have to be relevant to the question.
4) Plan your exam approach.
- Manage your time — If you can complete a section early, that time does not get applied to the next section. We suggest spending all of your allotted time within the section.
- Keep your answers real and relevant — Remember this is a role-based exam; identify one or more factors that might be relevant, then explain why that approach would be relevant. The more tangible details you provide, the higher you are likely to score. Do not offer irrelevant arguments for the sake of padding your answers. Aim for neat, discreet paragraphs.
- Understand the scoring — People mark the exams, and the pass rate is 60%. Even though a scale is scored 80 out of 150, 60% is the pass rate. The sub-tasks will be weighted differently. Each case will contain tasks from all five of the core activities:
Evaluate opportunities to add value.
- Implement senior management decisions.
- Manage performance and costs to aid value creation.
- Measure performance.
- Manage internal and external stakeholder.
- Scoring example
“For a 12-mark answer, it might be possible to identify, say, four issues. A candidate who aims to write about four topics only has to score three marks for each to obtain full marks.” – MCS Examiner
You have all the tools you need to do well on the CIMA Case Study exams. From all of us at the Association, we wish you the very best for your next Case Study exam.
The content of this article is based on a Case Study Masterclass webinar delivered by CIMA and BPP in November 2020.
Exam Resource
Full post exam materials mcs and gateway nov 21- feb 22.
This document contains the full post exam supporting materials for the November 2021 and February 2022 management / gateway case study exam containing:
- pre-seen material
- exam variants
- suggested solutions
- examiners report
- marking guidance
- Course Finder
- Career Advice
- PQ Awards 2022
- PQ Awards 2021
- PQ Awards 2020
- PQ Magazine
- NQ Magazine
CIMA has released the November case study pass rates, and they show sitters coped well with what the examiner threw at them.
Those sitting the Management case achieved the highest pass rate, at 73%. That’s the best pass rate for this level for the whole of 2021.
Some 67% of Strategic sitters passed the final case this time around, which is slightly down on the August rate of 69%.
The Operational pass rate seems stuck, with just over half of sitters passing this time around – 52%
Stephen Flatman, Vice President, Examinations – Management Accounting, told PQ magazine:“I’m very happy to see that our students’ performance in case study exams remains strong. The efforts they are putting into their CIMA studies are clearly paying off.
“Over the past two years, our students have shown great dedication to taking their careers to the next level despite the ongoing uncertainty and disruption caused across the world by the coronavirus pandemic. After witnessing their efforts and accomplishments of the last two years, I firmly believe they have the traits employers seek, which enable CGMA designation holders to build successful careers in accounting, business and finance.
“We look forward to seeing what our students will achieve in 2022 and will continue to support them every step of their CIMA journey.”
CIMA CASE STUDY 2021 PASS RATES
Nov Aug May Feb
Operational 52% 53% 46% 60%
Management 73% 68% 69% 71%
Strategic 67% 69% 68% 67%
Copyright © 2024 PQ Publishing.
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SCS November 2022 - February 2023 Post Exam Material. This document contains the full post exam supporting materials for the November 2022 and February 2023 Strategic Case Study exam containing: The CGMA Study Hub keeps you on track to achieve your personal study goals.
OCS November 2022- February 2023 Post Exam Material. This document contains the full post exam supporting materials for the November 2022 and February 2023 Operational Case Study exam containing: pre-seen material; exam variants; suggested solutions; examiners report; marking guidance; Open PDF. Published . 31/3/23.
MCS November 2022 - February 2023 Post Exam Material. This document contains the full post exam supporting materials for the November 2022 and February 2023 Management Case Study exam containing: pre-seen material; exam variants; suggested solutions; examiners report; marking guidance; Open PDF. Published . 21/4/23.
View key dates to help you plan your studies Plan your CIMA's CGMA® exams. On-demand tests are available all year. There are four windows a year when you can sit the Case Study Exams (February, May, August, and November). Within each window, exams will be available for three days, from Wednesday through Friday.
Pre-seen material November 2022 - February 2023, Strategic Case Study Examination. Hottayr.
Join our 7-day free trial to access the full CIMA course - https://www.learnsignal.com/cart/?product_add_to_cart=4782&coupon=Also, to attend our FREE Weekly ...
Exam resources from the last CIMA case study - November 2023 & February 2024. In this section you can access the pre-seen documents and interim examiner's reports for the previous case study sitting, as well as links to our pre-seen analysis video archive playlist on YouTube. The full examiner's reports are usually published around the ...
Introduction to Pre-seen of CIMA SCS November 2022 and February 2023.Our tutor reviews the theory from CIMA E3, F3 and P3 papers from the SCS exam perspectiv...
Gearing up for the pre-seen release towards the end of September and starting your preparations early is key! Below are a list of tips and guides for the CIMA Nov 2022 case studies to help you get started. The Importance of effective Pre-Exam Prep: For any student that needs E, P and F knowledge refreshment the first thing we recommend for any ...
This introductory video of our new OCS course on FireWorks addresses 10 key points that our tutors have picked up from the pre-seen.Join our 7-day free trial...
Management Case Study Examination November 2022 - February 2023 Pre-seen material - advance copy for Tutors. 2 CIMA 2022. No reproduction without prior consent. Introduction Happy Playz is a quoted toy retailer that has a chain of retail shops. Happy Playz also sells a ... CIMA 2022. No reproduction without prior consent. 22. 23 ...
November 2021 & February 2022 Strategic Case Study Examination 2 ©CIMA 2021. No reproduction without prior consent. Introduction Pixlwizz is a quoted company that creates and sells video games. Pixlwizz generates revenue streams from its games in several different ways. You are a senior manager in Pixlwizz's finance function.
Check out the latest CIMA diploma in management accounting commendees! Resources. Strategic Level Case Study Latest Commendees. Jun 20, 2023 · 1 min read . FREE ACCOUNT ... November 2022 Strategic case study. August 2022 Strategic case study. May 2022 Strategic case study. February 2022 Strategic case study. November 2021 Strategic case study.
November 2021 - February 2022 Management Case Study Examination . 1 ©CIMA 2021. No reproduction without prior consent. Management Case Study Examination . November 2021 - February 2022 . Pre-seen material . COVID-19 Statement This pre-seen and the case study in general (while aiming to reflect real life), are set in a
12/11/2023. July 2023. CIMA has finally released the pass rates for the February case study sitting - and they are a bit of a mixed bag. Students sitting the first Operational Case Study exam for 2023 achieved a 68% pass rate. That is higher than any pass rate in 2022, and two percentage points higher than last November.
Introduction to Preseen of CIMA OCS November 2022 and February 2023.Our tutor reviews the theory from CIMA E1, F1 and P1 papers from the OCS exam perspective...
Nov 21 - Feb 22 SCS Post Exam Materials. This document contains the full post exam supporting materials for the November 2021 and February 2022 strategic case study exam containing: pre-seen material. exam variants. suggested solutions.
CIMA Nov22 Case study free live webinars. 27/09/2022. Facebook. Twitter. WhatsApp. Linkedin. Email. Print. VIVA has again been running some free live webinars for the November 2022 case study, with the next one taking place on 29 September. These are great sessions run by former prize-winners and seasoned CIMA tutors.
The CIMA® Case Study exams are the final capstone exams of each level of the CIMA Professional Qualification, which students must pass to gain the CGMA® designation. We explore four tips to help you prepare for the exams. 1) Understand the three Case Study levels. Each Case Study exam lasts three hours, with multiple tasks of equal lengths.
Full Post Exam Materials MCS and Gateway Nov 21- Feb 22. This document contains the full post exam supporting materials for the November 2021 and February 2022 management / gateway case study exam containing: The CGMA Study Hub keeps you on track to achieve your personal study goals.
But having gone through the past paper questions which helps a lot you see CIMA just mainly want the main points of the standards to be referred to then it's just justifying like for E & P. For example with acquisitions learn a little bit about goodwill but they mostly ask of challenges of acquiring a sub and how to get around them. 1.
04/02/2022. CIMA has released the November case study pass rates, and they show sitters coped well with what the examiner threw at them. Those sitting the Management case achieved the highest pass rate, at 73%. That's the best pass rate for this level for the whole of 2021. Some 67% of Strategic sitters passed the final case this time around ...