ICAEW Financial Management

The ICAEW Financial Management (FM) exam centers on the strategic aspects of financial management. It emphasizes the vital significance of financial management skills within a professional setting. This includes mastering financial strategy, understanding investment decisions, analyzing financial performance, and recognizing the crucial contribution of financial management to effective business strategy and decision-making.

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Our course includes
  • 10 days of classroom based tuition 
  • Tutor support
  • Access to ICAEW's materials
  • Bespoke course notes & slides
  • Minimum of 2 marked mock exams with feedback

Frequently asked questions

What does the FM exam look like?

The Financial Management exam is 2.5 hours long and will consist of three questions. The exam focuses on four key interlinked business decisions: investment decisions, financing decisions, dividend decisions and risk management decisions. The pass mark is 55%.

For more information on how to book your exam, click here

What previous qualifications are required to start the ICAEW qualification?

The ICAEW has certain entry requirements which can be found here.

Alternatively to these requirements you can complete the CFAB (ICAEW Certificate level) qualification to gain entry to the ICAEW qualification.

What is the ACA Qualification?

The ICAEW (Institute of chartered accountants in England and Wales) Chartered Accountant qualification, the ACA, is one of the most advanced learning and professional development programmes available. It is valued around the world in business, practice and the public sector.

It involves passing a series of exams, gaining relevant work experience, and fulfilling professional ethics requirements, thereby preparing candidates for senior roles in accountancy, management, and consultancy.

Click here to find out more about the ACA qualification.

What is the ICAEW CFAB qualification?

The ICAEW CFAB (Certificate in Finance, Accounting and Business) qualification is a internationally recognised certificate that teaches essential knowledge in business, finance and accounting.

It comprises six exams that cover key aspects of financial and management accounting.

Upon completion, it provides a pathway to the ICAEW qualification.

Click here to find out more about the ICAEW CFAB qualification.

In what order should I take the ICAEW Professional Level exams?

At MPES, we provide the opportunity to take up to two exams each quarter, specifically during the months of June, September, and December. We advise enrolling in one or two exams per session to finish the professional level within one to two years.

Should you choose to take one exam per session, it's recommended that you complete both Tax exams (TC & BPT) within the same year, as these are updated annually to reflect the new tax year.

 

I have enrolled onto an MPES course, what else do I need to do?

To sit for your exams and achieve the qualification, you must register as an ICAEW CFAB student with the ICAEW.

Click here to register as an ICAEW CFAB student.