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Time Management for Final Exam Preparations


CA Dhiraj Ramchandani 
posted on 03 October 2012



Introduction

 

As I already mentioned in my earlier article, that I am receiving such requests of providing time schedules for preparation of different subjects for exams. In that article I mentioned for IPCC subjects, in this one I will cover for CA FINAL subjects.

 

Length of content

 

This will be repeated, as it is necessary for FINALS student too to understand the basics.

 

“I don’t agree that ICAI has got the toughest syllabus, as I have been in touch with different people from commerce and science stream. They got similar difficult syllabus too. Yes, the only uniqueness ICAI’s syllabus has its length and the content. No other syllabus is as lengthy as our CA studies, while the time allocated is same as any other course. That means, the problem is to cover this high contended syllabus in limited time.

 

Anyways, I am here to suggest for proper time allocation for CA exam preparations. Such sort of schedule can be helpful to all or most of them, as I have practically experienced the same and the same has been followed by some of my juniors and friends, who have appreciated the same.”

 

FINALS

 

Let us discuss about the FINALS. We all know what all importance this stage carries. If we clear this, we reach to the new world itself. From being student, now its being professional. So, this stage of CA course is crucial from your life point of view. Ofcoarse, failing the same would waste just 6 months of you, but clearing the same on time would change your world forever. Because, when you fail, it does not waste your time only, but affects motivation, psychology and importantly the resistance level to some extend.

 

TABLE I

 

Here is bifurcation given subject-wise and days allocated for each subject:

FINALS – Should be completed within 6 Months (180 days or 2160 hours)

 

Particulars

Maximum Days

Maximum Hours/Day

Maximum Hours for subject

Group I

80

10 hours and 45 Mins

870

Financial Reporting

25

12 hours

300

Strategic Financial Mgt

22

11 hours

240

Audit

13

10 hours

130

Law

20

10 hours

200

       

Group II

80

11 Hours and 15 Mins

900

Costing

22

12 hours

265

ISCA

13

10 hours

130

Direct Tax

28

12 hours

335

Indirect Tax

17

10 hours

170

       

Revision

20

14 Hours

280

       

Total

180

11 Hours and 20 Mins

2050

 

 

Now, we always have a doubt, how to consider the subjects and which subject is to be considered first and which one at the end. Mainly, though we have time allocations with us, we fail to execute the same in our routine.

 

General problem with students is that they consider hard work from the very beginning itself, which exhaust them at the real time. When you begin your studies, don’t sit for late hours or don’t be a superman from the very first day. Start with less-time studies in the beginning, grow your study time slowly and gradually.

 

TABLE II

 

I have tried to explain a pattern to be followed, in the following table, when you are studying on your own. Following table shows, how you should start your studies in different phases, and how much sitting should be done in each phase for studies per day. And you can also compare the TOTAL HOURS REQUIRE PER SUBJECT with TOTAL HOURS REQUIRE PER PHASE. So that you can finish one or two subjects in each phase:

 

Phase

No. of hours/day

No. of Days

Total Hours

Phase I

10

25

250

Phase II

11

35

385

Phase III

12

45

540

Phase IV

13

45

585

Phase V

14

30

420

       

Total

Average 12.11 Hours

180

2180

 

So, you can see now there is some savings of 130 hours in total, i.e. difference between hours allocated as per subjects and hours allocated as per phases. That means, you can spare, waste, enjoy some 11 days without studying, if your average studies take 11hours per day.

 

REVISION

 

In those 20 days revision, you can spread it in following way:

 

-Financial Reporting: 3Days

-Audit: 2 Days

-ISCA: 1 Day

-SFM: 3 Days

-Law: 3 Days

-Costing: 3 Days

-Indirect Taxation: 2 Days

-Direct Taxation: 3 Days

 

Closing Notes

 

I know some may feel, that sitting for 10 hours a day from the beginning is too much for any student. But trust me, if you start putting your effort from the first day itself, there are high chances of you clearing FINALS with very high decent score. As FINALS is not just the end, Infact it’s the beginning for your new career waiting ahead. So, such efforts are necessary at FINALS.

 

Disclaimer

 

All the above views and contents are results of my own thoughts and experience. I have not referred any other article or notes for the same.

 

CA DHIRAJ A. RAMCHANDANI


Published in Others
Source : Self Prepared
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