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About this exam

Business Strategy is a subject at the Professional Level of the Chartered Accountancy qualification awarded by The Institute of Chartered Accountants of Bangladesh (ICAB), which the Institute describes as a National Professional Accounting Body in Bangladesh and as the regulatory body for the profession of accountants and connected matters. The qualification is aimed at candidates who have progressed beyond the Certificate Level and are preparing for professional practice or senior finance roles; ICAB states that the education, training and qualification it imparts is recognised internationally. This subject examines how organisations analyse their environment, formulate and choose strategy, implement it through structure, people and change, and then evaluate performance while addressing governance and risk. Preparation should combine the ICAB curriculum, latest syllabus and study manual with the Institute's past question papers and suggested answers, all available through the ICAB website and examination portal. Candidates should also watch ICAB circulars and notices, such as the time-table for Professional and Advanced Level examinations and class schedules for Professional Level batches, since these carry the operative dates and coaching arrangements. Note that specific exam details for this subject, including the number of questions, duration, pass mark, fees and retake rules, are not stated in the source retrieved for this page and are therefore left unstated rather than estimated. This page is an independent study resource and is not affiliated with, endorsed by, or operated by ICAB.

What you'll study

Common questions

About ICAB PL Business Strategy preparation

Who awards the Business Strategy qualification?

It sits within the Chartered Accountancy programme of The Institute of Chartered Accountants of Bangladesh (ICAB), which describes itself as a National Professional Accounting Body in Bangladesh and as the regulatory body for the profession of accountants. Always confirm subject-level details directly with ICAB rather than relying on third-party summaries.

What does the syllabus cover?

The four study areas are strategic analysis and the business environment; strategy formulation and strategic choice; strategy implementation, organisation and change; and strategic evaluation, governance and risk. Expect to apply frameworks to scenario data rather than recite definitions, and to justify recommendations with evidence drawn from the case.

How long is the exam and how many marks are there?

The source retrieved for this page does not state the duration, question count, marks or pass mark for this subject, so no figure is given here. Check the ICAB latest syllabus, examination guidelines and the relevant examination time-table before you plan your timing strategy.

When are the Professional Level examinations held?

ICAB published a time-table for CA Professional and Advanced Level Examinations of November 2026 on its website. Sitting dates, centres and reporting times change between sessions, so download the current time-table from ICAB and diarise deadlines for examination forms and fees.

Is coaching compulsory before sitting?

ICAB issues circulars on mandatory coaching classes and has allowed flexibility in attending mandatory coaching classes of the next level for Professional and Advanced Levels. Read the applicable circular carefully, because eligibility rules and any relaxation are set by the Institute, not by study guides.

What is the best study order?

Work through the study manual in syllabus order, because implementation and evaluation build on analysis and choice. Then move to past question papers and suggested answers, attempting them under timed conditions. Finish with the sample question papers ICAB publishes for computer-based testing so the on-screen format holds no surprises.

Where do I find past papers and suggested answers?

ICAB lists Past Question Papers, Suggested Answers, Sample Question Papers, Examination Guidelines and an Examination FAQ under the Students and Others section of its website. These are the authoritative practice materials. Use them to identify recurring scenario types rather than to memorise model answers.

Why do candidates lose marks in strategy exams?

Typical causes are describing theory without applying it to the scenario, ignoring the quantitative exhibits, giving unbalanced answers that spend too long on the first requirement, and recommending a course of action without weighing implementation constraints, governance or risk. Practise allocating time in proportion to marks and writing conclusions.

How do I keep track of exam administration?

Monitor the ICAB circulars and notices pages, which carry items such as examination time-tables, class schedules for Professional Level batches and case study material releases. Administrative slips, not technical weakness, are a common reason candidates miss a session.

Can I retake the exam if I fail?

The source retrieved for this page does not describe retake rules, attempt limits or result review procedures for this subject, so no answer is given here. ICAB does publish a Script Review Form and a page on requesting review of answer scripts or results; consult those and the examination guidelines for the current position.