CIMA E1: Managing Finance in a Digital World
E1 is one of three operational level objective test exams. These exams have to be completed before you can attempt the operational case study exam. Here’s a summary of the E1 module:
“CIMA E1 focuses on the structuring of organisations in a digital world.
It covers the structure and principles underpinning the operational functions of the organisation, their efficient management and effective interactions in enabling the organisation to achieve its strategic objectives.
It lays the foundation for gaining further insight into both the immediate operating environment and long-term strategic future of organisations, which are covered in E2 and E3.“
See how E1 fits into the whole CIMA syllabus here.
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Syllabus weightings & Assessment strategy
20% – Role of the finance function
20% – Technology in a digital world
20% – Data and information in a digital world
20% – Shape and structure of the finance function
20% – Finance interacting with the organisation
You will be assessed through a 90-minute long computerised objective test consisting of 60 equally weighted questions. All learning areas of the syllabus will be covered, therefore it is important that you revise ALL topics for the exam. The topic weighting mentioned above will also be reflected in the test. The pass mark is 70%.
Every exam is randomly generated by a computer, therefore the questions are presented in no specific order and each student takes a different test.
The questions will be formatted in a number of different ways:
- Multiple choice & multiple response questions – You will be required to select the correct answer/answers from the several answers presented to you.
- Drop down questions– You will be asked to select the correct answer from a drop-down list of possible answers.
- Drag and drop questions – You will be asked to move an object/label to another location.
- Hot spot questions – These will require you to identify an area on an image by clicking on it.
Your results will be available as soon as you have finished your test. You will also be given feedback alongside your mark.