18 July 2016
hello sir....pls tell to best way to get exemption in sfm....when am writing exam in may 2016 i thought that I can get minimum 60...i had sloved almost all questions from pm ....I had prepared pm and sm well....but i got 40 marks in today results....i can't understand how can I get 60 above in this subject ...pls pls sir. ...pls help me.... thank you
28 July 2024
To achieve an exemption in the Strategic Financial Management (SFM) paper, particularly if you have already prepared well but did not get the desired result, consider these strategies:
### **1. **Analyze Your Previous Exam Performance**
1. **Review Past Results:** - Analyze your answer sheet if possible, to understand where you lost marks. Focus on areas where you did not perform well.
2. **Identify Weak Areas:** - Identify topics or types of questions where you struggled. Focus on these areas during your preparation.
### **2. **Strengthen Your Preparation**
1. **Understand the Syllabus:** - Ensure you are thorough with the entire syllabus. SFM covers a wide range of topics including risk management, financial management, portfolio management, and financial derivatives.
2. **Use Standard Study Material:** - Refer to ICAI study material, practice manuals (PM), and previous year’s question papers. Ensure you understand the concepts rather than rote learning.
3. **Practice Case Studies:** - SFM often includes case studies and practical problems. Practice as many case studies as you can from past papers and PM.
4. **Focus on Key Areas:** - Topics like portfolio management, futures and options, and risk management are crucial. Allocate more study time to these areas.
5. **Solve Previous Year Papers:** - Practice solving previous years' question papers and sample papers. Time yourself to simulate exam conditions.
6. **Attend Revision Classes:** - If possible, attend revision classes or coaching for SFM. Professional guidance can help clarify doubts and provide tips for exam success.
### **3. **Develop Exam Writing Skills**
1. **Answer Writing Practice:** - Practice writing clear, concise, and well-structured answers. Ensure you address all parts of the questions asked.
2. **Time Management:** - Practice managing your time during the exam. Allocate time for each section and stick to it.
3. **Presentation:** - Write legibly and organize your answers neatly. Use headings and subheadings where necessary to make your answers easy to follow.
### **4. **Use Additional Resources**
1. **Online Tutorials:** - Utilize online tutorials and video lectures for complex topics. Platforms like YouTube, or specific educational websites might have detailed explanations.
2. **Study Groups:** - Join or form study groups with fellow students. Discussing problems and solutions can enhance understanding.
### **5. **Self-Assessment and Feedback**
1. **Self-Test:** - Regularly test your knowledge using mock exams and practice tests. Evaluate your performance and work on weaker areas.
2. **Seek Feedback:** - If possible, get feedback on your practice answers from teachers, mentors, or peers. Understand their suggestions and improve accordingly.
### **6. **Stay Motivated and Confident**
1. **Positive Mindset:** - Maintain a positive attitude and confidence in your preparation. Stress and anxiety can impact performance negatively.
2. **Regular Revision:** - Regularly revise concepts to keep them fresh in your mind. Last-minute cramming is less effective.
### **7. **Exemption Criteria**
1. **Understand the Criteria:** - Ensure you meet the criteria for exemption, which generally means scoring at least 60% marks.
2. **Appeal if Necessary:** - If you believe there has been an error in the evaluation, you may contact the examination authority for a review.
### **Additional Tips**
- **Mock Exams:** - Take full-length mock exams to simulate real exam conditions. This practice helps in adjusting your strategies.
- **Focus on Conceptual Clarity:** - Clear understanding of concepts is crucial, as SFM tests both theoretical knowledge and practical application.
By following these strategies, you can enhance your preparation and increase your chances of achieving an exemption in the SFM paper.