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As a CIMA training expert, I can guide you on how to pass your CIMA E1 Managing Finance in a Digital World exam. This exam is designed to test your knowledge and skills in managing finance in a digital world. It covers a wide range of topics such as digital transformation, big data, cybersecurity, and financial planning and analysis. By preparing well and understanding the exam objectives, you can increase your chances of passing the exam with flying colors.
Exam Objectives:
The E1 Managing Finance in a Digital World exam aims to test the candidate's ability to:
- Understand the impact of digital technologies on the finance function and business
- Apply digital technologies to support financial decision making and analysis
- Manage and optimize financial performance through digital transformation
- Ensure data security and privacy in financial operations
- Integrate financial and non-financial information to support strategic decision making
This exam is ideal for finance professionals, accountants, analysts, and managers who want to enhance their knowledge and skills in managing finance in a digital world. To take this exam, candidates must have a basic understanding of accounting principles, finance concepts, and digital technologies. Additionally, they must be registered as a CIMA student and have completed the CIMA Certificate in Business Accounting or an equivalent qualification.
Exam Details:
The E1 Managing Finance in a Digital World exam is a computer-based exam that consists of 60 objective test questions. Candidates are given 90 minutes to complete the exam, and the passing mark is 70%. The exam is delivered through the Pearson VUE testing centers or online proctoring. The exam fee varies depending on the country, but it is generally around $200-300.
Related Books:
Preparing for the E1 Managing Finance in a Digital World exam requires a thorough understanding of the exam topics and objectives. The following books can help candidates prepare for the exam:
- Management Accounting: Financial Strategy for Business Decisions by Colin Drury
- Financial Planning and Analysis: Building a Company's Budget by Jack Alexander
- Big Data, Analytics, and the Future of Marketing & Sales by McKinsey & Company
- Cybersecurity for Executives: A Practical Guide by Gregory J. Touhill and C. Joseph Touhill
- Digital Transformation Playbook: Rethink Your Business for the Digital Age by David L. Rogers
By studying these books and practicing sample questions, candidates can improve their understanding of the exam topics and increase their chances of passing the exam.
In conclusion, the CIMA E1 Managing Finance in a Digital World exam is an essential exam for finance professionals who want to stay up-to-date with the latest digital technologies and trends. By understanding the exam objectives, preparing well, and using the right study materials, candidates can pass the exam with confidence and achieve their professional goals.
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