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The C03 exam is part of the Chartered Institute of Management Accountants (CIMA) certification. It assesses foundational knowledge in business mathematics crucial for financial and managerial roles.
Anyone aspiring to become a certified management accountant or seeking foundational business math skills should take this exam.
No, it is a module within the CIMA Certificate in Business Accounting.
The exam aims to build proficiency in basic mathematical techniques, statistical analysis, and financial calculations relevant to business.
It’s one of the initial steps toward achieving the CIMA qualification, laying the groundwork for advanced topics.
The C03 exam consists of multiple-choice questions delivered through a computer-based test (CBT).
The exam duration is 2 hours.
The passing mark is typically 50%.
Topics include basic arithmetic, algebra, statistics, financial mathematics, and probability.
Arithmetic, algebra, probability, statistics, and financial mathematics are the main topics.
Yes, many questions relate to practical business scenarios.
Basic to intermediate-level math skills are sufficient.
No, calculus is not part of the C03 syllabus.
TESTED 30 Jan 2025
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