I
want to share a strategy to crack CA Final Exam in First Attempt and study
plan.
Ø First thing
first, you should have at least a period of 6 to 6.5 month to prepare.
Ø During this long
period, you are required to plan your studies in such a manner that you can
complete one time revision of the all eight subjects.
Ø One should go
for in depth study at first reading; it would make you to learn all the topic
of the subjects. None of the topic should be escaped by saying “it can be done
at a day prior exam or I will leave it or it’s too tough to prepare”. I think
in such a case you should ask doubt and understand the topic from your teacher
or friends.
Ø Lets come to the
study plan.
You all have 6 months (180 days) to prepare.
I think you should have to allot 15 days for 1st depth study of a subject in entirely(
we will discuss breakup of 15 days in details further, later on). In this way
you can complete all of your subjects in 4 months.
Some of you are thinking that 15 days period
is quite long or short for study a subject, believe me guys it is enough time
and you may even complete some subject within 12 days too and on the other hand
sometime a subject like direct tax may take more than 15 days to prepare.
This is all about 4 months schedule
Ø This was your
first round of studies and after 4 month, you may have doubt in your mind “I
may forget first subject in this long period”. Don’t worry guys. I have a
solution of this problem too.
After completing 4 months successful journey
of 1st round of
studies, you guys are now required to go through all the subjects once again.
But this time you are not been provided such a long period for each subject.
Actually this is time of 1st revision.
Let me explain way of revision
Each subject will be given a period of 6 days
(6*8=48 days). And you may have 2 days of grace to manage revision within this
50 days period.(discuss it in detail later on)
Ø Study plan of
last 10 days. This is most precious and valuable time as after 10 days your
exam will going to start. Many time students seem confused what to do in these
days and how to manage studies..?
I would like to say after going through
revision, you will be confident about your preparation and from now onwards you
have prepare for exam. I suggest to prepare paper 3 audit and 4 corporate and
allied law within 4 days ( 2days for each). In next 2 days you should go
through 3 to 4 topics of strategic financial management. And give last 4 days
for financial reporting.
Ø Now I would like
to suggest you on the plan of 15 days details studies
First of all you should list out all the
topics and learning objects of a subject. After this you should make a time
table for completing the subject within 12 to 13 days. In this period of 12
days, you should have to go through entire studies, notes and practice manual.
Remember one thing solve practice manual as you go through the topic, you can
say I have completed Director chapter, so go through director chapter of
practice manual on the same days.
After this you will have 2 or 3 days, I think
now you should summarize the subject in 2 days and with one day remaining in
your hand, you will have to do a lot.
On the last day, take a paper of any previous
exam and set a clock for 3 hours alarm and sit in an exam like environment and
try to complete the paper in 3 hours, so that you can know about your weakness
and area of improvements.
Ø One important
thing you have t do in the depth study time to highlight or mark on the various
question or short note that are important from your point of view.
What I have said, you have to judge yourself
about the question level.
Reason for doing this is that at the exam
time or on revision time, you need not have to go through same question again
and again so as to save time. This is a way of smart study.
Ø Now we will
discuss the plan of 6 days of revision. Firstly, you should go through all star
marked topics and try to solve at least one question on each topic. Here you
are also required to plan for 5 days and save one day for mock test. This is
time to check preparations and mistakes, so as to avoid mistake which usually
take place in real exam.
This was all about my way of preparing.
Now I would like to give some tips to you-
a. Many times we are confused which subject
to start first and which to put on last.
It is easy to select, as you should start
that subject which is tough for you and you are weak in that. The reason is
that at initial level, you will have time to study hard and come out of your
fear of a particular subject. For example- I have gone for Strategic
Financial Management First, as I was weak in this but I manage to score 78
marks in this. So now you can imagine how this strategy can help you.
b. Sequence of subject for revision. I think
it would be better if you go group wise, 1st group in first 24 days and next 24 days
for 2nd group. And
after this you will have 10 days to revise you 1st -group again before the exam. In this
way, you will be in touch will all the subjects.
c. Now plan about ISCA, it is also important
to study this subject. I would like to suggest that manage schedule of
study and have one depth study with 2 times of revision near the exam so that
all the point and topic refresh your mind again and again.
d. One exam tip, if one of your subject is
not gone as per your expectation, never lose hope and please don’t waste
time on such type of thinking about the past paper, prepare well for next one
so as to score good in next subject.
e. Many times we hesitate to get our queries
solved by teacher or friend, don’t become narrow minded, even ranker may have
to go to average one for asking something. Be “Besharm and ask Bindas”. At the
end you will have clarity of topic.
f. Don’t waste time to read same subject
again and again, in this way you will not get any productive results and find
you are reading what you already know.
g. Make at least 2 papers within a group as
your strength so that you can cross 60 in those and clear hurdle of aggregate
marks.
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