Organise a CIMA study group around a pre-seen rather than a level alone: November 2026 and February 2027 share one, and May and August 2027 share the next. Objective tests run on demand, so sit most of them alone; bring the low-pass ones, and every case study, to the group.
Two kinds of exam at each level
Each of CIMA's three levels has three objective tests, one per pillar (Enterprise, Performance and Financial), and one case study exam (AICPA & CIMA). Passing Operational brings the CIMA Diploma in Management Accounting, and passing Management the Advanced Diploma. The two kinds of exam run on different clocks (CIMA exams):
| Objective tests | Case study exams | |
|---|---|---|
| When | On demand, all year | Four windows a year, Wednesday to Friday |
| Where | Pearson VUE centres or online | Pearson VUE centres or online, as the timetable says |
| Length | 90 minutes | 3 hours |
| Marking | By computer: a provisional result at once, confirmed within 48 hours | By people: results 6 to 8 weeks after the window closes |
| What you face | Multiple choice, number entry, drag and drop | A pre-seen about one organisation, released weeks before |
Below the levels sits the Certificate in Business Accounting: four on-demand exams of 120 minutes each. BA1, BA2 and BA3 have 60 questions, two minutes apiece; BA4 has 85, about 85 seconds each, so time BA4 drills separately.
That difference decides what a group is for. Objective tests are booked on whatever day suits each person, so a group rarely sits one together. A case study window is the opposite: everyone sits within the same three days, on the same pre-seen.
A CIMA study group for each pre-seen
Two windows share each pre-seen, and CIMA releases it weeks before the first of them (exam timetable). At Operational level:
| Window | Pre-seen out | Exams | Booking closes | Results |
|---|---|---|---|---|
| November 2026 | 18 September 2026 | 4 to 6 November | 20 October | 7 January 2027 |
| February 2027 | November's | 3 to 5 February | 19 January | 25 March |
| May 2027 | 19 March 2027 | 5 to 7 May | 20 April | 24 June |
| August 2027 | May's | 4 to 6 August | 20 July | 23 September |
| November 2027 | 17 September 2027 | 3 to 5 November | 19 October | 6 January 2028 |
Management and Strategic sit one and two weeks later, and their pre-seens come out one and two weeks later too.
The shared pre-seen shapes the group. November's Operational results arrive on 7 January, and February bookings close on 19 January. Anyone who didn't pass has twelve days to rebook on a company they already know, and four weeks until the exam. At Management and Strategic, November results come on 14 January, and February bookings stay open until 26 January and 2 February respectively. CIMA's interim post-exam report on November's Operational exam is due on 22 January, before the February window. So a February group can mix November resitters with first-timers, and an August group can do the same after May. Keep sessions to the company in the pre-seen, and leave out whatever anyone saw in the exam itself.
Each level has its own pre-seen and its own week of the window, so a group spanning Operational and Management shares only the silent hours. Two people a level apart can sit timed objective tests side by side, but each needs someone on the same pre-seen for the case study.
Three meetings, three pillars
CIMA describes each case study as one exam that "integrates knowledge, skills and techniques from across the three pillars". So read the pre-seen one pillar at a time, all of you on the same pillar each week, using CIMA's own description of what each covers:
| Meeting | Pillar | What CIMA says it covers | What to pull from the pre-seen |
|---|---|---|---|
| 1 | Enterprise | The finance function, data and technology, business models, people and projects, strategy | How the organisation makes money, who runs what, which projects are under way |
| 2 | Performance | Costs, budgets, prices, capital spending, performance and risk | Every cost and margin you can calculate, and each risk the pre-seen names |
| 3 | Financial | Financial accounting and reporting obligations, and the regulatory framework | The statements' trends, and the reporting questions they raise |
Finish each meeting with a page of figures everyone has checked. A fourth meeting is a timed three hours, sat alone at the same time, then compared task by task.
How each level's case study went
CIMA publishes case study pass rates after each window's Strategic results (pass rates):
| Level | November 2025 | February 2026 | May 2026 | August 2026 |
|---|---|---|---|---|
| Operational | 70% | 73% | 66% | 76% |
| Management | 63% | 65% | 62% | 59% |
| Strategic | 59% | 55% | 64% | 54% |
Close to half of Strategic candidates failed in February and in August 2026, and Management fell in each of the last two windows. A group at those levels needs members who will still be there for the paired window if a first attempt goes wrong.
Objective tests that fail most sitters
The same page covers objective tests sat over the 13 months to 30 November 2025, and the spread is wide:
| Test (level, pillar) | Passed |
|---|---|
| E1 (Operational, Enterprise) | |
| E2 (Management, Enterprise) | |
| E3 (Strategic, Enterprise) | |
| F1 (Operational, Financial) | |
| P3 (Strategic, Performance) | |
| F3 (Strategic, Financial) | |
| P1 (Operational, Performance) | |
| F2 (Management, Financial) | |
| P2 (Management, Performance) |
Source: AICPA & CIMA, exam pass rates
The Enterprise tests pass about four in five sitters, while P2 and F2 fail more than half. In the Certificate, BA2 passed 54% and BA4 59%. Those are the objective tests where a CIMA study group should spend its hours.
Group work aimed at one topic has some support from accounting classrooms. Duanping Hong added four in-class group assignments to an introductory managerial accounting course in the US, for one group of students and not the other (Accounting Education, 2024). On exam questions about those topics, low-achieving students did better with the group work, and students said they used the assignments to study for exams. It was one course, not CIMA, so treat it as a reason to try.
Run it the same way: one syllabus area of P1, P2 or F2 per meeting, with each member bringing the questions on it that cost them marks. Each objective test covers every learning outcome in its subject, CIMA says, so work through the areas in turn rather than betting on a few. Work number-entry questions to the exact figure on a shared screen, since an answer that's nearly right scores nothing.
Where CIMA candidates meet
- CIMA's own programme. CGMA Case Study Structured Success is a free seven-week programme with an online forum for peer support (AICPA & CIMA). It runs in two seasons, before the May and November exams; the Class of '26 season that opened in July 2026 led up to November. Its content also serves August and February candidates, but you sign up in the run-up to May or November.
- OpenTuition's CIMA forums. On 15 November 2026 they held 1,516 topics. They were quiet: the newest, about the November 2026 Operational case study, dated from 5 November (CIMA forums). Post your level, your window and the hour you can meet.
- Your employer or apprenticeship. CIMA keeps separate Level 4 and Level 7 timetables for apprentices, so colleagues on the same programme already share your dates.
- StudyDuo. CIMA isn't an interest in Find Partners, but Accounting is. Narrow it by country and city, and send a message to anyone who names your level and window.
If a group moves to WhatsApp, keep your phone number and your CIMA login to yourself until you've worked together on a call. A CIMA study group that meets online needs one fixed evening, and an exam plan built around a full-time job sets the hours around it. Weighing the other big accountancy route? Our ACCA group guide covers its sessions and pass rates. Between meetings, an online study group keeps people working on camera around you.
FAQ
Do CIMA's pass rates count resits?
Yes. CIMA calculates them as total exams passed divided by total exams taken, so every attempt is in the figure, not only first ones.
Does the case study blueprint change each year?
Yes. CIMA reviews the blueprints annually; the 2026 to 2027 changes apply to the May, August and November 2026 case studies and to February 2027.
Is there a certificate after the Strategic level?
Yes, for candidates who pass the Strategic case study from May 2026 onwards: a Strategic Level Completion Certificate, which CIMA won't issue for earlier passes.



