ICAN · Skills
FM B5 Financial Management
The financial manager's decisions: the finance function and its environment, working capital, investment appraisal, business finance, business valuations and risk management.
FM
- Format
- Written examination
- Duration
- 3h 15m
- Pass mark
- 50%
- Total marks
- 100
- Sessions
- May and November diets
- Syllabus
- 2025 syllabus (updated)
Exam structure
- Section A30
One compulsory scenario-based question on the core areas of the subject; may integrate two or more syllabus areas.
- Section B40
Three questions of 20 marks each; candidates answer any two.
- Section C30
Three questions of 15 marks each; candidates answer any two.
A new Skills paper in the 2025 syllabus. Candidates who had not completed Skills under the 2021 syllabus must sit it.
Syllabus navigator
Every area, with where HPS teaches it.
Use the arrow keys or select an area. Areas and sub-areas follow the ICAN 2025 syllabus. Weightings appear only where the examining body publishes them.
Syllabus area A· about 10% of the exam
Financial Management Function and Environment
5 sub-areas, as the syllabus lists them. HPS lessons and questions are tagged to these codes, so your Knowledge DNA and revision plan point at the exact sub-area you got wrong.
- A1The nature and purpose of financial management
- A2Corporate objectives and the influence of stakeholders
- A3Financial management in not-for-profit organisations
- A4The economic environment of business
- A5Financial markets and institutions
Courses
FM tuition is scheduled on request.
Tell HPS you are interested and the programme office will let you know when the next course is confirmed.
Practise free
Questions without an account.
- Free FM practice is being prepared
Next sessions
- November 2026 diet10 Nov 2026 to 12 Nov 2026
Resources
Free reading for this paper.
- Resources for this paper are being prepared. The library grows every week.