Chartered Accountant is one of the best professional courses in India and its a great honor to be a Chartered Accountant (CA). Unbelievable marks are scored by most of the CA students. They think that they attempted the full paper; but marks are not up to mark – even 40s were not allotted. Since Nobody is there to discuss the matter, everyone have their own perceptions and conclusions. Mostly, the same pattern/percentage of result has been declared by ICAI. Those who have failed must require some corrections on their part. Our mind has counter defense mechanism, provided if you have Confidence.
“When you are inspired by some great purpose, some extraordinary project, all your thoughts break their bounds. your mind transcends limitation, your consciousness expand in every direction, and you find yourself in a new, great and wonderful world. Dormant forces, faculties and talents come alive, and you discover yourself to be a greater person by far than you ever dreamt yourself to be.“
But if you want to become a successful Person in your life, you have to suffer a lot of pain. “No pain No gain!“
Facing failure not a shame, but learning lesson from that and getting the way of success is basic of the words, “Failure is the first step for Success.”
“Failure is simply the opportunity to begin again, this time more intelligently” – Henry Ford
So here are some guidelines/strategies which are very important in each exam to tackle the exams successfully.
UNDERSTAND THE STRUCTURE OF THE EXAM
One important question you need to answer is – what is the current exam pattern? In other words, understanding of prevailing examination pattern in a proper manner is also very important for a good start to your exam preparation. If one has a good understanding of the examination pattern, then it is easy to plan for exam paper according to one’s strength.
The most important aspect of clearing an exam should be to understand the structure of the exam. Understanding the structure of the exams, then its become possible to tackle the exam and be successful. Based on the structure of exam planning should be made
SELF STUDY V/S COACHING
As per my understanding your very first step should be to decide whether to go for coaching or self-study. Make up your mind from the very beginning otherwise this question may be converted into a big dilemma later on. It varies from students to students what they think, either they will opt for self-study or coaching. That will totally depends upon your own assessment and caliber.
DESIGN A STUDY SCHEDULE IN ADVANCE
It is really essential to develop a study schedule before starting exam preparation to help you study effectively without any stress. Prepare a list of Exam oriented important chapters with the help of scanner and design your study schedule accordingly. Also, figure out the length of course content that you need to prepare along with the time required to cover the same.
TIME MANAGEMENT – A KEY FACTOR
Proper utilization of this time is really essential to clear your exam in first attempt. So in this way and to prepare an effective study schedule, time management is very important. You have to allocate most favorable time to each subject. Also make appropriate provision for revision of course. No one will learn you how to manage your valuable time, after all its your precious time. You need to understand your utility of time. So rather asking about it, Keep learning and focusing on time management.
“Don’t Waste Time otherwise Time will waste you.”
ALLOCATION OF NUMBER OF HOURS FOR A WELL PLANNED STUDY
The most critical and complicated questions asked by most of the students. However, it should be decided as per your own aptitude/capability.
In the beginning, it is not necessary that you will have to invest 10-12 hours a day but at least 6-8 hour productive study would be enough. Remember, it is the quality and not the quantity of study that is required.
Further, quality of time spent on studying is more important and not the amount of hours spend on studying! When you are studying, have complete focus on the subject only and not elsewhere.
SELF AWARENESS OR SELF ANALYSIS
Self analysis is also essential to figure out that everything is going as per your plan. A well-defined study plan is not a guarantee of success unless executed in proper way. So you may test your preparation by attempting some previous exam paper under ultimate exam condition or environment.
Later on, check the result of your effort and make necessary correction/modification to your study plan.
These kind of regular tests also helps you to understand your strengths and weaknesses. If you are weak in any area, you can remove that weakness easily by detailed study.
HOW TO DEAL WITH THEORY PAPERS
Normally, most of the students are facing failure in professional examination due to only theory papers. The main reason behind this is lack of concentration in theory paper along with poor presentation and writing skills or might be poor english.
For improved presentation and writing skills, it is suggested to refer answers presented by ICAI in their suggested answers/practice manual/revision test papers etc. Careful observation of ICAI suggested answers is very important. Along with good study focus and observation is also very important to succeed in professional examinations.
One more important thing if you are conceptually very clear and strong but not able to present it, then there is some problem indeed, which is required to be sorted out immediately. Good conceptual knowledge with good writing and presentation skill is the key to success.
BOTH GROUP V/S SINGLE GROUP
It depends on your preparation and availability of time along with your capability to handle both group at a time. Most of students get confused whether to give both the groups or one group at a time. No point in discussing with friends or taking advise from others. Remember you and you only are the best judge. You are fully aware of your strengths and weakness. If one can cope up both groups at a time, excellent otherwise even one group is fine.
I want to draw your kind attention, it’s better to give one group rather giving both group and facing failure again and again. Opting for both group is not a guarantee for success. This is not for those students who are preparing for rank. This is strictly for an average kind of students.
“In the middle of difficulties lie opportunities.”- Albert Einstein
EFFECTIVE METHOD OF STUDIES
Please understand the concept underlying the problems. The institute will not ask any irrelevant questions. All the questions are based on the concept. This correction you need to be made during the time of study. The surprise questions has the same concept but with the better question which may be outside from the ICAI module , suggested answer or scanners. The clarity in the concept will help you for dealing such type of questions.
Following steps to be followed :-
Step No. 1
Understand the concept underlying the problems
|Step No. 2||
Read the problems and try to solve it by using the concept rather than referring to the solutions. If you are going to refer directly to the solution, it means that you are not allowing your brain to work. The same is the situation of those who under gone for coaching classes. This will enhance your thinking process and the same practice will surely help you for finding the solution for surprise gift i.e. questions given to you by the institute.
The above practice will consume your time. But if you are not doing in the above manner , you cannot handle the surprise questions in the exam. At the exam hall , your feelings are like a pressure cooker.
|Step No. 3||
Refer the practice manual, revision test papers, scanners and suggested answers for Past years, this will give you variety type of questions.
|Step No. 4||Making a good notes of concept|
|Step No. 5||Good time management skills.
Surprise and lengthy questions requires good time management tact. First steps towards this are to allocate the time according to the mark allocated. Write the question that you feel more confident and comfortable.
PRACTICE BEFORE THE EXAM
Practice makes a man perfect.
Normally, students study before the 2 or 3 months before exams and think its quiet enough for them, but they need to practice a lot for completing the exam successfully. Students who are going to appear in an exam should make sure that he/she practices before the exam in the same environment in which the exam will be conducted.
LEARN FROM MISTAKES
Everyone do make mistakes, but one who learns from that mistake can see the success. Unfortunately, students studying prior to 2 or 3 months before the exam and by then they don’t have much time left to do revision for the exams and as a result they are not be able to score as per their expectations. Make your proper plan which consisting coverage of studies and also get time to do revision for mock-up or modules. By the time of proper revision, you will start to feel lots of confidence in you and will not make mistakes in exam.
Do proper planning to get success in exam with high score and negligible mistakes.
While exams time students lose their confidence/temperament due to unwanted fear or thinking. A good study routine and adequate preparation are essential factors for becoming confident. Challenge your negative thoughts with your ability to perform well in exams.
Yes, its true, if you failed in this exam then don’t worry you can get rank in next examination, by preparing hard with confidence to crack exams with a rank. Here I have given examples of people who were failed in their first attempt but got rank in next exams.
- Nitin Gupta – Failed in CA Final, May 10 – Got Rank 1 in CA Final Nov ’10
- Sujoy K. N. – Failed in CA Final, Nov ’09 & May 10- Got Rank in CA Final Nov 10
- Sonia Rakheja – Failed in CA Final, Nov 09 & May 10- Got Rank in CA Final Nov 10
- Shailee Chaudhary- Failed in CA Final Nov 14 – Got Rank 1 in CA Final May 15
“Never confused a single defeat with a final defeat.”- F. Scott. Fitzgerald
OTHER IMPORTANT POINTS SPECIALLY FOR THOSE WHO ARE NOT ABLE TO ACHIEVE THEIR GOALS
Many students can’t complete the paper due to slow writing speed. So boost up your handwriting speed.
If you failed more than three times, I prefer you to replace your all the old books with new books preferably new authors.
“No One Can Motivate You If You Are Not Willing To Do Yourself.“
Make a habit of reading student news letter and journal of ICAI at least for taxation and Law matters. If one is facing unwanted failures, then one must obtain certified copies from ICAI and check your answers with suggested answers. It will help eliminate the deficiencies in the future attempts.
“When you blame others, you give up your power to grow.“
Just count the days you have, rather counting the number of days you have wasted. Follow “what can be done! approach“.
Forget all other works for the day. Just say to yourself “let no thought enter into my mind other than study.“
Give no place for Interruption during serious and concentrated study. For this you need to switch-off your mobiles at any cost. i know it is tough but not impossible.
Please keep these points in your mind while studying
- Eat less food, heavy food induces sleep
- Avoid conversations with friends, specially unnecessary talks.
- Vulgar thought should not be encouraged
- Avoid Roaming to relatives, friends, pubs, parties etc. for time being
Pray to your soul to increase your concentration and make most out of every Day. If possible do meditation, breathing exercises, chanting and yoga. These have profound impact on your mind and help you to maintain focus and improve your concentration.
While Studying have faith in yourself that you can complete assigned work with in allotted time. Arrange your sitting area and surrounding environment should be peaceful without any disturbance.
Give yourself proper breaks during studying. This would keep you physically and mentally fresh. Ideally studying in the early mornings is great as our mind is fresh. I advise students to study in gardens or in open spaces probably in terraces or balconies so that they can enjoy the early morning sunshine, fresh air along with their studies. One can take short nap in afternoon after lunch to rejuvenate themselves for the next session.
In exams days don’t unnecessarily stress out yourself. Take adequate rest. Also eat nutritious food and fruits. These would keep you alert and fresh. Avoid spicy, oily and junk food.
Also remember one thing. Once you are thorough with your first paper, please don’t discuss with your friends. Most of the time we waste precious moments in discussing our papers. What is done, cannot be undone. Study for the next paper.
Revision is the vital step that you must fulfill. Keep revising whatever you read in whole week in Sunday. This will lead you to crack the CA exams for sure.
Avoid overwriting. Where they become inevitable, strike off and write again. Clarity is more important than neatness.
Always leave left hand page for showing workings, 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.
State necessary assumptions and notes wherever possible rather than wherever you feel essential. It is not a serious error if you write some extra assumptions, than miss some important ones.
Underline key words in your answers. This is a must to enhance of your point being noticed by the evaluator.
“Risk toh Spiderman bhi leta hai.
Main toh phir bhi CA Student hoon.”
“Mehnat itni khamoshi se karo, k Safalta shor macha de“
Finally, just want to say, be confident and nothing can stop you to get success.