ACCA is a certification course for finance and accounting students who want to build a global career in accounting and related fields. Many students dread the difficulty level of ACCA and think it to be a tough certification to clear.
The average passing percentage of ACCA is over 55% which makes it a moderately difficult exam. However, despite the challenges the exam can be cleared with hard work and determination. Students are required to invest time, effort, as well as money towards ACCA. Preparing for ACCA with dedicated effort and clear planning can maximize the scope of success and boost the opportunity to acquire good grades.
In this post, we are discussing how students can create effective ACCA study plans for exams to manage their time and reflect on their academic progress to clear ACCA.
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Below points can be considered to create an effective study plan for the ACCA exam:
- Analyze the ACCA Exam Topics: To start with, students are required to analyze and identify the topics for the ACCA exams to understand the vastness of the subjects chosen and how they can cover them within the limited time they have.
- Understand the Exam Schedule: Once you are clear about the subjects and topics, the next important thing is to understand the exam schedule. This will help you understand the time you have in hand and the topic to cover within that time so that you can create a realistic plan.
- Create a study plan: The next important step after the above two is to build a study plan. To create a realistic plan, you should make a list of subjects to cover and break the large syllabus into smaller portions for your study plan to be more effective.
- Enlist the topics to study: Next, you must make a list of all the topics to study. Prioritize the critical topics and ensure that you have the study materials covering those topics. Review the list well and pick the challenging topics that require extra time and understanding.
- Prioritize the enlisted topics: Once you know the topics that need extra attention, start covering those topics first. Accordingly, in terms of importance, prioritize the other topics to study and cover them as well.
- Break down challenging topics and sub-topics: Breaking down large topics into small sub-parts is important while studying for exams as it helps in understanding that topic well. You may also keep track of the progress you made in those challenging topics by breaking them down.
- Give proper time for each topic: While allocating time, try to give enough time to each subject so that you can complete the topic/subject within the set limit. Try to estimate the time required for each topic and assign it accordingly.
- Study the challenging and important topics first: Always try to attempt the difficult and important topics first. Once you are completely prepared for the challenging topics, you can take up the other topics that come your way.
- Stay motivated throughout the process: Exam time is a critical time for students as they are overwhelmed with stress and exam preparations. However, this is also the time to stay motivated and focus on your preparedness to reach your goal. You may take breaks in between to relax and avoid tedium.
- Take breaks in between to avoid monotony: Taking breaks during studies is important to maintain concentration and focus. Breaks are necessary to relax your mind and recharge it time and again. This way you can stay focussed to attain your goal.
- Focus on grasping the subject matter well: Make sure to understand the current topic completely that you are studying before moving ahead with the next topic. You can also add some extra time in case you feel you need it to understand certain topics. You can also seek help from educators or classmates.
- Strategize different topics differently: Use different strategies and approaches to complete different subjects/topics. This also varies from student to student. Some topics require students to memorize, while others may need critical analysis or any other technique. So, accordingly, you can use different techniques for different subjects.
- Review notes throughout the process: This is another important aspect of a study plan. Reviewing notes regularly helps students understand them well.
- Seek help as and when required: If and when any topic is beyond understanding, students should never hesitate to seek help from their friends and guides including professors.
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How does the ACCA study plan help students?
By creating a study plan for ACCA preparations, students can focus on their knowledge weaknesses and areas where they need to give more attention. They can also focus on practicing questions in key areas where they want to improve. Along with building study plans, students should aim to complete mock exams and Practice Tests as part of their revision program. They can make use of the ACCA Practice Platform to avail of these tests and mock exams. All these efforts put together help students clear ACCA exams with excellent grades in their initial attempt.
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Creating and maintaining the perfect ACCA study plan may be challenging. However, sticking to such a plan will precisely help get you the result. Try to create a realistic, precise, and achievable plan and follow it as much as possible for success. Plenty of sample study materials are available online to help you prepare for ACCA exams. These and many other resources will serve as the starting point to guide you through your ACCA preparations and allow you enough time to complete each topic to secure good grades.
If you are looking for ACCA certification courses online, Amity Online University offers incredible courses and guidance to help you clear the exam.
