Since we have grown as a community sharing common academic interest, we should now benefit from each other studying strategy. For example if a person have completed some chapter today, yesterday or last week then that person can summarise in 8-10 lines how to tackle chapter, maximum questions in workbook from which topic , any other tip. No forumale, no summary of chapter as every thing there in ICFAI book. Basically, summary of studying Strategy.
Methods of costing (Paper 9- Gamma- Level 1) : Most of the questions in workbook are from Process Costing and Joint Products and By products. I quickly studied the chapter, then work on the workbook questions. Workbook Numericals are short and strictly prepared keeping in exam format (Objective) as compared to lenghty theoritical questions in Text Book.
Overall There are 128 Numericals and around 58 Basic concept questions. One needs to be agressive while doing this chapter or he/she will be lost in unnecessary details.
Best Strategy will be to quickly study Textbook (30 minutes) and then work on workbook numericals.
I am sure this new feature will be a hit. Atleast updates from my side on regular basis.
Warm Regards,
Since we have grown as a community sharing common academic interest, we should now benefit from each other studying strategy. For example if a person have completed some chapter today, yesterday or last week then that person can summarise in 8-10 lines how to tackle chapter, maximum questions in workbook from which topic , any other tip. No forumale, no summary of chapter as every thing there in ICFAI book. Basically, summary of studying Strategy.
Methods of costing (Paper 9- Gamma- Level 1) : Most of the questions in workbook are from Process Costing and Joint Products and By products. I quickly studied the chapter, then work on the workbook questions. Workbook Numericals are short and strictly prepared keeping in exam format (Objective) as compared to lenghty theoritical questions in Text Book.
Overall There are 128 Numericals and around 58 Basic concept questions. One needs to be agressive while doing this chapter or he/she will be lost in unnecessary details.
Best Strategy will be to quickly study Textbook (30 minutes) and then work on workbook numericals.
I am sure this new feature will be a hit. Atleast updates from my side on regular basis.
Warm Regards,
Hi Junta,
Talking of Costing, I would like to highlight that ICFAI guys have a penchant for asking a lot of questions on the topics such as "MAKE or BUY" decision making and on Cost-Volume-Profit Analysis (Marginal Costing).
As you study deeper, you will find that the Paper 2 of MA will be a classic pakao thing coz they ask loads of questions on Standard Costing and Variance Analysis (SCOVA), Cost Analysis & Pricing Decisions (CAPD) and Activity Based Costing (ABC).
However, there will be some simple topics like budgeting where you can cover marks with adequate preparation.
I referred a lot of ICWAI material and Advanced Cost & Management Accountancy by SN Maheshwari and another bood on Advanced Management Accounting by Jain-Narang and found them immensely useful.
Hope you find it useful too. Any help needed then just pm me.
Regards,
Tumtum.
greatAnand Sayshi Babu and Ritesh. yaar me busy with summers so don't get ample time to study but still trying to do my best. yes i m having off on weekends. wat abt ritesh? and i m having papers of both gamma and delta of janurary & april. so need to worry for downloading of that, u can get them from me.
Hi Anand I have just joined CFA and am giving my Alpha xms in JULY. Buddy if u have prev. papers of Alpha group please mail me at my id ie [email protected] or [email protected]
Hope u have those papers as well. Anybody having prev papers of Alpha group please mail me I dont have even a single paper and I have heard the papers repeats so please HELP....
ShaKti
Hi Anand I have just joined CFA and am giving my Alpha xms in JULY. Buddy if u have prev. papers of Alpha group please mail me at my id ie [email protected] or [email protected]
Hope u have those papers as well. Anybody having prev papers of Alpha group please mail me I dont have even a single paper and I have heard the papers repeats so please HELP....
ShaKti
hi 2 u shakti9969!!
me 2 giving my alpha in july!!!!!!!!!! great!!!!!!!!!!I 2 AM NEED OF PAPERS 4 ALPHA GRP!!:) 😃
PLZ PLZ PLZ IF ANYONE HAS SOME PAPERS I BEG U 2 MAIL THEM AT
any useful strategies would help me go a long way !!!!!!!!!!!
thanks in advance 2 anyone who HELPS!!!
hi 2 u shakti9969!!me 2 giving my alpha in july!!!!!!!!!! great!!!!!!!!!!
I 2 AM NEED OF PAPERS 4 ALPHA GRP!!:) 😃
PLZ PLZ PLZ IF ANYONE HAS SOME PAPERS I BEG U 2 MAIL THEM AT:) 😃 😃 😃 😃 😃 😃 i request seniors 2 share their experience of alpha exams 2!!
any useful strategies would help me go a long way !!!!!!!!!!!
thanks in advance 2 anyone who HELPS!!!
Hi Seniors,
Have some Mercy juniors are begging for strategies and papers and not even a single reply. NOT FAIR ........(Busy ho to chalta hai )
Hope to hear from some of the helpful seniors preety soon.
Hi Seniors,
Have some Mercy juniors are begging for strategies and papers and not even a single reply. NOT FAIR ........(Busy ho to chalta hai )
Hope to hear from some of the helpful seniors preety soon.
For shakti and knowledge:
The main thing is to get accustom to the examination format and the kind of questions. Workbook is Bible.
For FA 1, do big chapters first. Chapters like branch and stock accounts, accouns recievable, depreciation, P&L; and trial balance. Questions will be of 1 mark kind asking to find out sundry creditors from the information given or 2 marks asking to find shortworkings or 3 marks type asking to find gross profit etc. If you from commerce background, it is fun with objective type format as no need to make ledger accounts or balance sheet with pencils 😃
For FA 2, goodwill, shares and debentures are very important chapters. Most of paper will be from these three chapters. You can be selective in the further chapters
For Economics 1, all the chapters important. Conceptual knowledge is a must. It is not confusing as compared to Macro but there are lot of questions given in workbook (Theory + practical). If you already know the concept as micro is repeatitive, then you can quickly study the chapter and work on the workbook.
For Macro, be careful !. Confusion can happen in asset and money market questions like LM curve and IS curve. Numerical will be from National Income , consumption, IS and LM curve, banking and money supply and 1 or 2 questions from trade imbalance etc. You need time for these chapters.
Make sure you get the concepts right, revise a lot. 3 times revision of workbooks can make you expert.
About the papers: I passed Alpha 2006 but i didnt downloaded the paper. I was confident about my preparation and i gave it a skip. So i dont have the latest papers.
Any other query, do ask.
Warm Regards,
For Macro, be careful !.
Any other query, do ask.
hey babu, 3 times the workbook! yaar, my plan is to finish all chapters before july. and dedicate every week for the sunday paper. kya bolta??
hey babu, 3 times the workbook! yaar, my plan is to finish all chapters before july. and dedicate every week for the sunday paper. kya bolta??
Thats the best strategy. Dedicating a week before the exam.
Some topics i guess need revision. Overall, just make sure you are confident of your preparation. Some times i randomly open a workbook and if i can solve the question, then i know my preparation on track.
Thats the best strategy. Dedicating a week before the exam.
Some topics i guess need revision. Overall, just make sure you are confident of your preparation. Some times i randomly open a workbook and if i can solve the question, then i know my preparation on track.
Dear Babu,
Also recommend me a strategy to tackle Eco. I am a engr. and so am not clear bout the basics. Recommend a strategy keeping in mind I have just started Micro and Macro (on 3rd chapter ) of each book .
Please guide me thru
ShaKti
Dear Babu,
Also recommend me a strategy to tackle Eco. I am a engr. and so am not clear bout the basics. Recommend a strategy keeping in mind I have just started Micro and Macro (on 3rd chapter ) of each book .
Please guide me thru
ShaKti
Dear Shakti,
Since you are engr., you are new to the topics.The best thing will be to first study the chapter from the text. Then work on the questions from the workbook. Lets say in chapter demand and supply: First you read the whole chapter. Then you can start working numericals from the workbook. With numericals worked, your concepts will be more clear and then you can work basic concepts questions.
Understanding Text book will make sure you get the concepts. Doing workbook will make sure you get the first division at exams.
Some answers are wrong in the workbook. In case if you are not able to understand some question, post here. I and everybody will be willing to help you out. As i have just given Alpha in April, i remember questions and answers which were wrong. You will be able to identify it because answer at back will be wrong although option answer will be right.
Email ICFAI for academic doubts. They reply back within few hours. I once emailed them at Midnight and got the reply by 5 a.m. Within 5 hours !!
Warm Regards,
Thanks Babu 4 taking such pain to ans. my queries , I really appreciate it.
I will try to put your strategy into practice .
Thanks again
ShaKti
Guys just completed my Grads on Saturday. I live in Chennai . Is there any one in this group from chennai ?
By the way i finished my B.Com and have 1 yr work exp in it company in programming. but wanted to specialise in CFA. I saw level 1 almost everything is completed in B.Com . My 2 other friends are also enrolling with me.
Any tips or Questions or Favours to be asked to ICFAI when enrolling ?
planning to write on October 2006. Any special tips.
Why not yahoo ids be added or gamil id bcos i can have Many Questions to G8 persons like BABU and others.
My id : [email protected] (This is not a dummy id , jus that i did not get any thing in my name. )
Regards Shankar
Guys just completed my Grads on Saturday. I live in Chennai . Is there any one in this group from chennai ?
By the way i finished my B.Com and have 1 yr work exp in it company in programming. but wanted to specialise in CFA. I saw level 1 almost everything is completed in B.Com . My 2 other friends are also enrolling with me.
Any tips or Questions or Favours to be asked to ICFAI when enrolling ?
planning to write on October 2006. Any special tips.
Why not yahoo ids be added or gamil id bcos i can have Many Questions to G8 persons like BABU and others.
My id : [email protected] (This is not a dummy id , jus that i did not get any thing in my name. )
Regards Shankar
Welcome Shankar. Congrats for completing Graduation. Ketaki is from chennai. You can visit her blog: http://www.ketaki666.blogspot.com/
L 1 have 12 subjects and most of it already covered in 11th, 12th and B.com except Financial Management. Few topics there are new and interesting.
If you any questions, you can ask here. There are many experts out here and every body will be willing to give you best advice based on knowledge, research and experience.
Make sure you convince your 2 friends to participitate in this thread.:)
Warm Regards,
Can i have her email id or if possible ur email id please. (Wont bug you )
Can i have her email id or if possible ur email id please. (Wont bug you )
I have no idea of Ketaki email id. You can PM her from pagalguy site. Her Id: ketaki
As we are not allowed to post email id on the forum, i am sending you a PM where with my email id.
Cheers,
Today i read in education times Trump and gates article how to crack Acturial exams. I liked one line in that article:
'Your studies should be Exam oriented"
I feel this is the best hidden secret for CFA exams too. You might end up studying Robert J vanderbei Linear Programming or Avtar Singh Company law books but there is a possibility you will not be able to solve questions in the exam. Make sure while doing CFA:
1) You get basic concepts i.e the larger picture.
2) You practice questions the way it is framed in the exams.
These 2 things will help you to clear CFA with first division as well built a solid foundation for Investment Research career.
Remember , it is not short cut studying. It is smart studying.
Please post your experiences how you are preparaing for L 1/L 2/ L 3 July 06.
Warm Regards,
Today i read in education times Trump and gates article how to crack Acturial exams. I liked one line in that article:
'Your studies should be Exam oriented"
I feel this is the best hidden secret for CFA exams too. You might end up studying Robert J vanderbei Linear Programming or Avtar Singh Company law books but there is a possibility you will not be able to solve questions in the exam. Make sure while doing CFA:
1) You get basic concepts i.e the larger picture.
2) You practice questions the way it is framed in the exams.
These 2 things will help you to clear CFA with first division as well built a solid foundation for Investment Research career.
Remember , it is not short cut studying. It is smart studying.
Please post your experiences how you are preparaing for L 1/L 2/ L 3 July 06.
Warm Regards,
hey babu,
Thanks for taking inititative and putting a smart effort in road to preperation of CFA. these small things/strategies will really come handy at exam time. Keep posting stuff like this.
cheers.
Anand
I enquired abt cfa yesterday they have introduced some 360 degress learning the fees have been inc to 57k and options like internship have been intorduced.
I saw the model question papers looks like it is 100 % objective and that too economics.babu is it true that question paper will contain 40 choose correct answer and remaining is also practical questions .
So What is the Max mark one can get ? (I feel that level 1 is easy after looking fully into model question paper the entire syllabus is covered is in B.Com including Management Accounts)
So is Level 2 difficulty high ? (are theory easy to understand like econonmics ?)
Where did u do internship and how good was it ? (at end of level 1)
Will be registering by this weekend & planning to take up 8 papers in october
By the way what will happen if i dont take 2 papers in one sitting or 2 subjects of same group in diff months ?
Babu when do u come online usually thought i could chat with u and clear my doubts. & by the way i did not receive ketakis email id
I enquired abt cfa yesterday they have introduced some 360 degress learning the fees have been inc to 57k and options like internship have been intorduced.
This 57 k includes one time examination fee for Certified international investment Analyst final exam (CIIA). Infact you are getting discount. I paid 50 k and if i have to take CIIA final exam i have to shell out US $ 300 which is Rs 15000.So my total comes out to be 65k
I saw the model question papers looks like it is 100 % objective and that too economics.babu is it true that question paper will contain 40 choose correct answer and remaining is also practical questions .
So What is the Max mark one can get ? (I feel that level 1 is easy after looking fully into model question paper the entire syllabus is covered is in B.Com including Management Accounts)
40 marks basic concepts and 60 marks will be practical. The maximum one can get in L 1 papers is 100 !
Financial Management have some new topics which you have not convered in B.com.
So is Level 2 difficulty high ? (are theory easy to understand like econonmics ?)
As compared to L 1, yes. L 2 papers will have objective type, case studies and applied theory all packed in one.
Where did u do internship and how good was it ? (at end of level 1)
Internship is at Cygnus business consulting & Research. They have a office in chennai. I have not done internship yet.
Will be registering by this weekend & planning to take up 8 papers in october
By the way what will happen if i dont take 2 papers in one sitting or 2 subjects of same group in diff months ?
All the best for october examination. You have to take one paper in morning and one paper in afternoon. Answer script will not be marked if you miss a paper either afternoon paper or morning paper.
Babu when do u come online usually thought i could chat with u and clear my doubts. & by the way i did not receive ketakis email id
No fixed time. Usually between 9p.m - midnight. Any query, shoot here.
Warm Regards,
hello guys
back to the validity of the course from iCFAI (ms finance)
we have been hearing that the MS degree
is not recognised... since it does not come from
a university recognised in India....
don't consider the charter at this time...
Consider that u have a masters degree with u like MS in Finance
after gruelling for 2 years .... and it is not valid....
Now what????
babu and tumtum do u have any valid references
that disprove this statement ... this would be a real
help from ur side dudes...
visions