How to Pass CMA Exams, CMA Exam Preparation Full Guideline

How to Pass CMA Exams: ICMAI Issued Procedure and Guideline for Preparation of CMA Exams. Recently ICMAI Issued CMA Exams Result and many students are Fail in These Exams. So ICMAI Issued Guideline and Procedure forHow to Pass CMA Exams Preparation and Full Guideline. Scroll Down Below and see all Best Tricks and Guidelines for Passing CWA/CMA Exams.

These Guidelines Includes Basic rules for Preparation of CMA Exams. Find Best CMA Exam Preparation Tips at one Place. We also Provide CMA Passing Tricks in First Attempt or First Try. Now don’t wast Your time scroll down below and see all Best Rules and Tricks for CMA Exams

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How to Pass CMA Exams, CMA Exam Preparation

Preparation of CMA Exams

1.1 Study fromStudy Notesof the Institute for all subjects supplemented by other books recommended by your faculty. Study Notes are must.

1.2 Makebrief notesof the matter you feel relevant but you are likely to forget. You may also make notes by the side of text book you are referring to, in respective pages. The notes should be very brief, say at an average of 10 words per page.

1.3 Make aplanof the time available and the syllabus to be covered. Based on this, make a schedule with daily/weekly breakups giving details of the topics to be completed. Make achievable and practical schedules to avoid breaking the schedules.

1.4Monitorthe schedule on a weekly basis and reinforce your efforts to make up the backlog, if any.

1.5 Ensuretwo revisionsbefore you appear for the examination. In other words, a minimum of three readings should have been completed by the time you appear for the examination.

1.6 Study thequestion papers of previous examinationsto be able to categories all the topics in each subject and understand broad trends of these categories.

1.7 Based on above and marks allotted giveweightageto each category andaccordingly preparefor the examination, spending more time and effort for important topics However, do not overemphasis the trends. They may go wrong.

1.8 In the case oftheory subjects, focus on understanding the concepts thoroughly and itsapplication. In subjects such as law, give due regard tocase laws and sections.In subjects such asEconomics, spend some effort onstatisticsand general reading of business newspapers and news magazines.

1.9 In the case ofnumerical subjects, such as accountancy, costing and mathematics, focus on understanding themethods, formulae and format of presentingthe solution. Solve as many problems as you can. Prepare for these subjects from the beginning of the year/ session and on a continuous basis. The rule of two revisions (plus the first) is particularly applicable to these subjects. Refer to a number of text books for these subjects so that you can encounter a wide variety of problems and approaches to solution.

1.10Practiceuse of your calculator effectively to maximise its efficiency in the examination Hall. Remember speed is a crucial requirement.

1.11 Writesimulated examinationswith some of your friends setting the paper and valuing them, in an examination environment with set time schedules.

1.12 Tryjoint studieswith a couple of friends to be able to help one another, and instill competitive spirit.

1.13Prepare for the worst in the examinationto minimise probability of failing in the examination.

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Examination

2.1 Take aquick glanceat the question paper spending not more than five minutes to select the questions you are likely to answer. However, it is not necessary to select all the six questions at this stage itself.

2.2 Answer theeasiest questionfirst and in that order the rest.

2.3 It is compulsory to answer theCompulsory Question. By not answering the compulsory question your maximum marks will be limited to 80%. (But the answer paper itself , will be valid.).

2.4 It is preferable to answer thefewer questions correctlyand fully rather than more questions answered partially in each case.

2.5 Just before answering each question, read the question very carefullyword by wordtrying to make the significance of each word, atleast once. If necessary, this may repeated even three or four times, particularly in the numerical subjects.

2.6Allot time for each question(depending on marks allotted to the concerned question) based on marks allotted to the question. Generally you have about 160 minutes to answer for 100 marks after deducting time for question paper scanning, planning answering sequence, personal relaxation time etc .Hence you can allot 1.5 mts per mark. Try to stick to the schedules. However, the compulsory question may take longer, sometimes up to one hour. You will have to make up the time from the easier questions.

2.7 Answer thetheory questions preferably lastin the case of numerical subjects as these can be answered correctly in shorter periods quite often.

2.8 Impressthe valuator with the first answer. It should represent you caliber to give a good answer in all respects: content, neatness and presentation.

2.9 If there is aquestionfor which you do know the answer but do not have the time to write it fully, write asynopsis for the answer.This should be done, if required, only at the end of the answer sheet.

Numerical Questions

2.10 Always leaveleft hand pagefor showingworkings, assumptions and notes. Workings are a must for the answer to be valid and should be fairly elaborate. Present them parallel to the question concerned. Use last page of the booklet for rough work.

2.11 State necessaryassumptions and noteswherever possible rather than wherever you feel essential. It is not a serious error if you write some extra assumptions, than miss some important ones.

2.12 Statecurrencyin subjects such as costing and accountancy and draw columns with double lines when time permits.

2.13 ProvideTotal columnswhere applicable in accountancy and costing, Similarly state narrations to journal entries in the case of accountancy.

2.14 Avoidoverwriting. Where they become inevitable, strike off and write again. Clarity is more important than neatness.

2.15If thebalance sheet is not tallyingin the case of accountancy, apply the principle of double entry by ticking off the entries. Any figure taken from a tallied statement should appear only once, and the rest, twice on opposite sides. Finally check totals. If still they do not tally, write totals as they come and do try to deceive the valuator.

2.16Do not try to deceive the valuatorin any subject. They are likely to be smarter than you, in which case the penalty will be high.

2.17 Wherever possible,checkyour answers withcontrol figuresto ensure accuracy of your solutions; for example, variance analysis in costing.

2.18 Apply therule of rounding offcorrectly for decimals. The rule is, a digit followed by a figure starting with five and above should be rounded off to the next higher digit.

Theory Questions

2.19Answer to the pointand bebrief. Valuator do not have ample time to read your answer paper thoroughly. They will abundantly make use of scanning technique.

2.20 Present your points as alistwherever possible. This will increase the chances of the point being read by the valuator. Number the points numerically instead of alphabetically.

2.21 Questions that use words such as describe and discuss require longer narrative answers. Present such answers in paragraphs withappropriate headings.

2.22 Presentexamplesand illustrations frequently.

2.23Underline key wordsin your answers. This is a must to enhance of your point being noticed by the valuator

2.24Tabulate the comparative points(in a columnar fashion), when you answer questions asking for comparison of alternatives, techniques, opinions, etc.

2.25Avoid writing long and descriptive answersthat take up yours as well as valuator time. They test the patience of the valuator and it is risky to do so.

2.26 When youforget some pointswhen writing the examination,leave some spaceand start a new answer. You can return later and complete the previous answer when you recollect the points.

2.27 In the case of law, ifyou are sureof thecase laws and sections, provide these in the answer sheet. But in case of ambiguity, you may avoid, as a wrong quote is likely to have penalty. The same is true in the case of statistics for economics subject.

2.28Final studentswill be expected to give practical examples,application areas and good criticism of the subject matter (in applicable topics).

OTHER GENERAL GUIDELINES

2.29 Enter the examination hall with optimism and with achallenging spirit.

2.30 During the examination, keep watch of your time, butdo not panic. The worst thing you can do to make the worst of the situation is to panic.

2.31 Maintaintotal concentrationon the subject matter, forgetting the likely outcome of the examination. With total concentration, very often you can come out with best answers that might have been difficult under normal circumstances. The mood in the examination, very often, makes all the difference between a pass and a failure.

2.32 Take adeep breathbefore answering each question. This helps you take extra oxygen, which in turn, activates your brain and nervous.

2.33Never give-upthe examination. Make the best of the situation, even if you think you are going to fail. There are always miracles that you can hope for, provided you have put in your best efforts. This aspect has been proved in many cases as a matter of fact.

2.34 Never give anypersonal messagesto the examiner; they will do you no good, but can harm.

2.35 Reserve the last 5 to 10 minutes forrevision of your answer sheet. You can identify and rectify blunders you might have made, within this short period, which can make all the difference between a pass and a failure.

2.36 Last but not the least,inform your facultyof your result and take their guidance for the next group examination

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