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All About CIMA Exam – Preparation Study Materials

CIMA Exam –  CIMA is the most relevant accounting qualification for business.Becoming a Chartered Management Accountant can accelerate your career and boost your salary. It is a proven path to business success.  Here we are providing Complete details of CIMA Exam study material, preparation Strategy, free notes etc…

CIMA Exam Study plan

Studying is an important part of academic success. However, it is sometimes difficult to find the time to study for every subject we need to study for. One way to ensure studying success is to create a solid study schedule. Creating a study schedule, though, can be harder than we think. Not only do you have to prioritize the subjects and courses you need to study for, but you also have to juggle other responsibilities such as family, friends, and entertainment. Ultimately, though, with a little thought and a little work, you’ll have no problem creating a schedule and meeting all of your academic goals.

Part 1 Creating your Schedule

List all the subjects you need to study. Perhaps the first step in creating your study schedule is to list all of the subjects and courses you need to study for. Putting your obligations on paper will help you get a better idea of what you really have to do. If you have specific exams to study for, list these instead of courses.

Figure out what you need to do for each subject or exam. Now that you’ve written down all of the different subjects you need to study for, you need to figure out what you need to do for each course. While your time commitment and other obligations for a specific class might vary per week, chances are you’ll find out that over the long-haul, you’ll need a certain amount of time per subject.

  • If you have a study guide or a textbook with review sections, use it to narrow down what you list.
  • Reserve time for reading.
  • Reserve time for reviewing your notes.
  • Reserve time to create exam study guides, if you’ll need them
Prioritize your list. After you’ve made a list of all the subjects or exams you need to study for and figured out what you need to do for each, prioritize the list. Ranking each class in importance will help you figure out what subjects you need to devote the most time to and which subjects should get your best time slots.
  • Put a number, starting with one, next to all of your subjects or exams. If you need the most time for math, give it a one. If you need the least time for history (and you have five subjects to study for), give it a five.
  • Take into account difficulty of the subject or exam.
  • Take into account the amount of reading you will need to do.
  • Take into account the amount of reviewing you will need to do.

Divide your available time during the week into study blocks. Before you go on, you need to divide up your available time during the week into study blocks. After you do this, you can go and assign your blocks to a subject.

  • The trick to creating a study schedule is to plan to study the same time every day so you actually have a schedule you can memorize without constantly checking. By creating a routine, you’ll build a positive study habit.
  • Check if there are times or days of the week you can always study during. For example, you may be free 3-4 p.m. every Tuesday and Thursday. If possible, try to schedule your studying then, because a regular, set routine can help you get into a studying mindset and into one more quickly.
  • Schedule study sessions in 30 to 45 minute blocks. Shorter time blocks are easier to find and to schedule than longer blocks.
  • Create blocks for all of your available time.
  • If you have a certain amount of time before an exam, create a reverse calendar instead of a weekly schedule.

Reserve time for non-academic activities. While blocking off time for each subject, you also need to make sure that you are reserving time for family, friends, and rest. This is because you won’t be able to succeed at your studies unless you create a healthy balance between your personal life and your academic life.

  • Reserve time for events you can’t reschedule, your grandmother’s birthday, a family reunion, or your dog’s veterinary appointment.
  • Block off any times you have other commitments such as swim practice, family time, or religious services.
  • Reserve plenty of time for rest, sleep, and exercise.
  • If you only have a very limited amount of time before important exams, consider postponing or canceling regular social or extra-curricular activitie

Fill in your study blocks. Once you’ve got your schedule blocked out and you know what you need to schedule, fill in your schedule. Write down which subject you are studying in each session. This will help keep you on track, create checkpoints for the material, and allow you to organize your textbooks and study materials ahead of time.

  • Buy a daily planner or something similar. You can also use a basic notebook.
  • Program your schedule into your smart phone, if you have one.
  • Only plan for a week at a time first, until you’ve figured out how your schedule works.
  • Prioritize studying for approaching exams. Divide all of your studying up into the limited amount of time you have and spread the material out over the time you have before a given exam.
  • Prioritize courses you are doing poorly in or are determined to ace.

Part2 Considering Your Schedule and Personality

Assess your current schedule. Your first step in creating a study schedule is to assess your current schedule and the way you currently spend time. Assessing your current schedule will enable you to take a good look at how you use time and to help identify where you can be more efficient and what activities you might be able to cut.

  • Determine how many hours a week you currently study.
  • Determine how many hours a week you currently devote to entertainment.
  • Determine how many hours a week you currently spend with friends and family.
  • Do some quick math to see what you could cut. People tend to find they spend a lot of time on entertainment, start there.
  • Make sure to create your study schedule around your work schedule, if you work.

Take into account your learning style. While figuring out how you spend time is one of the most important parts of creating your schedule, you also need to figure out how you actually study. Figuring out how you study can help you determine if you can have overlap in activities. It will also help you figure out how you can use time you don’t normally use. Ask yourself a few questions.

  • Are you an auditory learner? Perhaps listen to recorded lectures or other audio studying material when driving in the car or when working out in the gym.
  • Are you a visual learner? Can you put up pictures or watch videos to learn? Try watching a video as a way to learn and as a way of entertainment.

Reflect upon your work ethic. Although you might design yourself an awesome schedule, your schedule will mean relatively little if you don’t commit yourself to studying. As a result, you need to spend a little bit of time reflecting upon your work ethic. After doing so:

  • Plan your schedule based on how you think you will work. If you tend to lose focus and take a lot of breaks, build in extra time into your schedule.
  • If you know you procrastinate, build in extra time before any deadlines. This will provide a cushion so you don’t wind up missing a deadline.
  • If you know you have a very solid work ethic, provide yourself with the ability to complete work early. You might do this by creating an extra “bonus” spot in your schedule that you can use to get ahead on any subject you want.

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Complete details of CIMA Study plan

CIMA Exam preparation complete details

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REVISION AND FULL EXAMS

Stick to the schedule and stay disciplined! You should now have a strong foundation of knowledge on the paper and your goal for the final four weeks before your exam should be to go over your notes and practice as many questions as possible, including sitting at least 3 full past papers to time (that’s 3 hours 20 minutes for each). Refresh your memory of familiar topics and finally cement your knowledge of the difficult ones.

Push hard on practicing your timing and accuracy of questions and continue refreshing your mind with your notes.

At this point, consider batching questions you have most problems with and prioritise them over all others when doing your question practice.

FINAL WEEK

You are now in the final straight. I recommend taking a few days off of work this week (NOT off of studying) to continue reviewing your notes. Try at least one final past paper to perfect your exam technique. In addition, make sure you review the most recent post exam guides to remind yourself of the common mistakes the examiner wants you to avoid.

3 DAYS BEFORE THE EXAM: Take the day off of work and do some focused question practice on those areas you want to improve on most. Spend the rest of the day reviewing the answers.

1 DAY BEFORE THE EXAM: Take the day off of work and try to relax. The most you want to be doing at this stage is just reviewing your condensed notes and self testing yourself on the key information you want to take into the exam with you.

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Complete details of CIMA Revision tips

Complete Details of CIMA Practice Exam

CIMA Exam Free notes

This free Study Texts have been used by thousands of CIMA Students in preparation for their management accountancy exams. They cover the entire CIMA syllabus for the 2016 exams and onwards and have been carefully written to be concise and easy to read but detailed enough to clearly guide you through the topics you must know in order to pass the exams.

Certificate level :

Operational Level :

Management Level : 

Strategic Level

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                                           CIMA Exam Study material, Practice manual complete details

CIMA Exam Best Recommended  Video Lectures

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CIMA Exam Video Lectures is now available at www.cakart.in.Becoming a Chartered Management Accountant can accelerate your career and boost your salary. It is a proven path to business success.

Best Recommended video lecture for CIMA Certificate level Exam

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 CIMA Exam previous year question paper with Suggested answer

A few past papers and answers may be useful if study before examination. Chartered Institute of Management Accountants (CIMA) exam is not so easy as you think. Revision is more than memorising facts and going over notes.

CIMA Operational Level E1 question papers and suggested answer

 Exam  E1 enterprise operations
 November 2014  Question paperModel Answer
 September 2014  question paperModel Answer
 May 2014  question paperModel Answer
 march 2014  question paperModel answer
 November 2013  question paperModel answer
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 march 2013  Question paperModel Answer
 Nov 2012  question paperModel Answer
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 march 2012  Question paperModel answer
 November 2011  question paperModel Answer
 September 2011  Question paperModel Answer
 May 2011  Question paperModel Answer
 November 2010  Question paperModel Answer
 May 2010  Question papermodel Answer

CIMA Strategic Level F3 question papers with suggested answer

 Exam   F3 financial strategy
 November 2014  Question papermodel Answer
 September 2014  Question paperModel Answer
 May 2014  Question paperModel Answer
 March 2014  Question paperModel Answer
 November 2013  Question paperModel Answer
 September 2013  Question PaperModel Answer
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 November 2012  Question paperModel Answer
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 March 2012  Question paperModel Answer
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 September 2011  Question paper Model Answer
 May 2011  Question paperModel answer
 March 2011  Question paperModel Answer
 November 2010 Question paper

Model Answer

 September 2010  Question paperModel Answer
 may 2010  Question paperModel Answer

CIMA Strategic Level F3 question papers with suggested answer

 Exam   F3 financial strategy
 November 2014  Question papermodel Answer
 September 2014  Question paperModel Answer
 May 2014  Question paperModel Answer
 March 2014  Question paperModel Answer
 November 2013  Question paperModel Answer
 September 2013  Question PaperModel Answer
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 March 2013  Question paperModel Answer
 November 2012  Question paperModel Answer
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 March 2012  Question paperModel Answer
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 September 2011  Question paper Model Answer
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CIMA Exam Format

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Professional Qualification exams

The Professional qualification is made up of two types of computer based assessments:

  • 90 minute objective tests for each of the three subjects within each level – these are on demand and can be taken all year.
  • A three-hour case study when you have completed all objective tests and want to progress to the next level – these are available in four windows a year.

Exam performance report

CIMA offers the opportunity for unsuccessful case study exam candidates to receive an individual feedback report on their performance.

Gateway exam

The gateway route is a great way to fast track onto the CIMA Professional Qualification and earn the highly valued CGMA designation. This fast track route enables eligible individuals to progress directly to the final level of the CIMA Professional Qualification (Strategic level), upon passing the CIMA Gateway Exam. The CIMA Gateway Exam is also known as the Management Case Study exam for those not on the accelerated route.

There are three possible paths within the gateway entry route:

  • Professional Gateway route
  • Management Accountant Gateway route
  • Master’s Gateway route

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CIMA Exam Benefits

The syllabus is strong on the core accounting skill, but also includes ‘Big Data’, sustainability, integrated reporting and finance function transformation. We also study risk, as well as costing and cost management.Passing your CIMA assessments at every level shows to an employer that you have a grasp of theory and practice.

Here are six reasons why earning the CIMA® certification is critically important for today’s advanced investment advisors and consultants:

  1. Investment Management ContentToday’s client demands sophisticated solutions from competent, ethical advisors. The CIMA® certification curriculum provides the knowledge, tools, and strategies to effectively set investment objectives, evaluate and select managers, and manage an investment portfolio for individual or institutional clients.
  2. Executive EducationIn a recent survey, 82% of investors indicated it was important or critical that their advisor met a rigorous set of standards – including education – to be certified. Earning CIMA® certification proves that you are serious about the needs and well-being of your clients. CIMA® certificants must successfully complete an executive education program at one of IMCA’s three registered programs: The University of Chicago Booth School of Business, MIT Sloan School of Management Office of Executive Education or The Wharton School of the University of Pennsylvania.
  3. Elite AdvisorsCIMA® certificants represent the premier investment consulting and wealth management advisors in the industry. With an average AUM of more than $230M, and more than 18 years’ experience, CIMA® professionals represent the top quartile of the advisor community.
  4. EthicsSince the financial crisis, the issue of ethics in financial services is a top concern for investors. IMCA® is committed to ethics education, and all CIMA® professionals must adhere to IMCA’s Code of Professional Responsibility, and enforcement of disciplinary violations is handled by a professional review committee of peers.
  5. RigorThe CIMA® certification process takes most candidates nine months to a year to complete, but only one in three individuals who start the CIMA® certification process will successfully finish.
  6. DifferentiationCIMA® certification stands out in a crowded marketplace as the only financial services credential in the U.S. to have met an international standard for personnel certification (ISO 17024) and earned accreditation by American National Standards Institute. Watch the video below to learn more about what this accreditation means to you and to today’s investing public.

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All About CIMA Exam – Preparation Study Materials

CAKART provides India’s top CIMA faculty video classes – online & in Pen Drive/ DVD – at very cost effective rates. Get CIMA Video classes from CAKART.in to do a great preparation for your exam.
Watch CIMA Certificate level sample video lectures Here
Watch CIMA Operational Level sample video lecture Here
Watch CIMA Management Level Sample video lecture Here
Watch CIMA Strategic Level Sample Video Lecture Here
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