Top 5 secrets to pass your CMA Exams in 1st attempt
The CMA exam is very rigorous and only 35% of candidates pass on their first attempt. As a candidate, what can you do to increase your chances of passing the first time? Here are 5 secrets that may help you.
In order to achieve any goal,you have to really want it. If you don’t have the conviction and see yourself passing the CMA exam, it’ll be hard to stick to a study plan. So understand why you want to be a CMA and let that WHY be big enough of a reason to motivate you to achieve success in your exam.
2 Study Plan
Having a well-thought-out study plan from the beginning will save a lot of time and stress down the road. Develop a 12-week study plan for each part. Anything less than 12 weeks may not give you enough time to assimilate every topic. Many candidates rush to the exam without proper preparation. Give yourself time to achieve success.
3 Study Daily
A common mistake many candidates make is to procrastinate and study only on the weekends. Cramming for a day or two may give you a sense of accomplishment but does nothing for retention. Studying small chunks each day makes the entire process lighter and manageable, and you will actually retain much more of what you study. My recommendation is to study with a solid cma course for at least 2 to 3 hours a day and at least 6 to 8 hours on the weekends.
4 Taking Mock Exams
Instead of taking a mock exam after studying an entire part, I took a mock exam after each section. I would not move on to the next section until I had scored at least an 80%. As you progress, this method will give you confidence and motivation while building momentum.
5 Write out the Formulas
The most effective way to memorize a formula such as a financial ratio is to write it out many times. Plain and simple. Trying to memorize formulas by just looking at them is not effective. Practice them by writing them out 10 to 20 times until it’s second nature. Doing so will help you remember them instantly on exam day.
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