FINANCIAL MANANGEMENT : FM is the subject which though is 70% practical but students feel difficult to score marks. That's because you don't study with logic in chapters where it is required and you study with great logics where it is not, i mean in formulaes. So let's start my views. Everyone may have told you how to study with times tables and all but still I guess that's not sufficient because of the fear of subject. First set in mind that it is easy to understand and solve :) Whenever you sit to study costing and fm or any tough subject say to yourself that it is easy for me, it is interesting, i am able, i can do it and if lakhs have nailed it then YOU can too....... So now hope you feeling good after saying this. As you repeat this frequently you will develope a habit and habits cannot be changed. And you won't love to change this positive habit....Right??? Start from Fm before moving to costing past. That is because 2 times FM studying means 1 time Costing. So when you will study costing you can revise FM for second time. FM is small as compared to costing but a bit roler coaster ride types.... Go as per Institute material. Please don't do PM now. Do 1st chp of theory and time value of money. It takes approx 3 hours to complete both. Now it's upto your preference whether you want to do on same day or different. Then do ratio analysis. It is actually in hindi "RATO ANALYSIS". Do it's formulaes. Requires 3 hours to complete atleast. Practise problems. Now go with CFS and FFS. Just know where items come from and goes to if you are not able to apply logics. Logically it's the easiest chp. Very interesting. And scorable sum. If your answers gets right you know on the time. It takes almost 6 hours to complete this above 2 chps. Now go for cost of capital, very easy and conceptual chp. Re-read sums if you feel doubt. Just clear your concepts in this and you can score awesome marks. Give 6 hours atleast but don't leave for some other day. Do continuously. Now go for capital budgeting, same as cost of capital. Learn the techniques. Do rote learning for this. For this two chps you need to practice as in exams this chps sums may make you go round and round by language of questions asked. Give yourself a break with theory chps for 2 days. Complete theory of Financing and Basic costing also. Learn formulaes of all chaps. Easy way to learn is write down. [6 hours approx] Now go for working capital. As name suggest, here is the real game. No techniques but real work of mind. Easy to understand. Interesting to solve. Give this chp atleast 7-8 hours. So you complete your FM in approx 40 hours if studied sincerely. That is almost 2 days [you should do in a week but]. Even average student can!!! Time may vary person to person but not more than 50, i guess. Solve PM with learning Costing. And when you will solve costing PM revise FM. [Costing tips to be uploaded] V. IMP. - For theory + practical chps read theory [Theory is provided first so that you have to do that first. Don't jump over to sums] properly because 20-30% of practical doubts gets covered. Solve sums after reading theory without seeing solution, using your logic. If it's wrong then wow...you got a chance to know where you lack now only rather than after exams and results. Give stress on writing and presentation from now on. Use pages now rather than time in exam after. Presentation attracts examiners as it adds CHI as per Chinese theory. How to write papers : Give ans to the point, don't try to confuse, in good presentation, good writing, with assumptions, final answer highlighted, formulaes mentioned clearly, no shortcut words, theory in points, solve 100% and all is done. Now where the problem lies. It is in your mind. Some students says that they forgive or they don't remember what they have done. So guys, when you say it's hard, you say so it is!!! You think it's hard so you get hard......Bushhh.... Well it's no ones fault. I mean why we will underestimate ourselves nah?? You got this way of thinking because our degree is famous in the world of TOUGHNESS...... But is it??? It is just result percentage are low..... So don't let this thought peep in your learning life...... Study not just for results or degree but to teach..... you should be able to answer not others but yourself when your mind asks you "Last year profit was 1 Lakh and this year's 2 lakhs so is it good or bad [Ratio analysis]. Is that option beneficial or not?...etc etc etc......." You need to change the way you think about subjects. Keep saying as you go on studying that I can do this. I remember all. I am able. And so it will be. Ab subject ko hard bologe toh subject toh nachaega hi nah......... usko bura nahi lagega kya? Akhir hume CA ki degree lene me madad kar raha hain. Uski bhi kuch respect honi chahiye :P So guys go on..... Soon I will be uploading Costing preparation file...... Please give feed back as it is my first article here....... Thank You, Ankita