Time is valuable, especially if you are spending it to build a meaningful career as a Management Accountant. Often candidates lose valuable time because they don’t know the right way to study for an exam and hence are unable to clear the examination on the first try. Therefore, here we are providing CMA Exam tips so that you can prepare well for your upcoming exams.
So these CMA exam tips will help you to make most of the time you spend on studying for the examination.
Read on to understand how you can make the most of the time you spend on studying for the examination. Here we have given Tips to Passing the CMA Exam.
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CMA Exam Tips – For Clearing the Exams in First Attempt
CMA Exam Tips 1 – Decide which part to take first
The first of the CMA study tips is to make yourself familiar with the exam structure, papers and syllabus. Then you will need to decide which part to take first. If you have experience in the manufacturing industry, you will find the part I easier than part II. However, if you don’t have any such experience, appear for part II first. Most candidates find this part easier.
CMA Exam Tips 2 – Schedule study times
The most important of the CMA exam tips is being regular with your studies. Schedule your study time and stick to schedule. While your schedule, remember that our brain hates monotony. So, break the schedule into small portions to ensure that you are not bored. This will also prevent your brain from getting crammed with extra information. For example, study at a stretch for 45 minutes without any interruption and then spend the next 15 minutes doing something that you like, listening to music, reading a book, surfing the net, etc. However, do remember to come back to the study after the 15 minute period is over.
CMA Exam Tips 3 – Read smartly
Now let me give you some CMA study tips. While reading, keep a highlighter handy. Keep highlighting key ideas, especially the ones that are new to you. This will not only help you to memorize it faster, it will also make revision easier. You will simply have to re-read the highlighted portions. Make sure you learn the acronyms acknowledged by the CMA body. If you find it difficult to memorize a point, create mnemonics to memorize them.
CMA Exam Tips 4 – Write down what you read
This process, although cumbersome, is the age-old process of memorizing something. Write down the things that you forget easily. When we write down stuff, our brain creates a photographic memory of the whole thing and hence it becomes easier to recollect them at the right time. Install the whiteboard in your study room and write down key terms and formulas learned on a particular day. Then, revise what you learned before studying something fresh the next day.
CMA Exam Tips 5 – Take help
Being social is one of the CMA exam tips that you must diligently follow. Take help to improve the quality of your study. Ask a friend or someone at home to ask you questions and you tell them the answer which they can then match with the textbook. In case you are unable to understand a concept, ask a friend or professor for help. Browse the internet and read through the forums to get over the challenges.
CMA Exam Tips 6 – Decide which part to take first
If you have experience in the manufacturing industry, you will find the part I easier than part II. However, if you don’t have any such experience, appear for part II first. Most candidates find this part easier.
CMA Exam Tips 7 – Take practice tests
Innumerable CMA practice tests are available on the net. SuperProfs has a comprehensive practice test set that one can get access to after enrolment. Make sure you take the practice tests not only at the end of each section, but also whenever you are free to take your preparation to the next level. If you don’t score 80% in a particular test, go back and study that chapter again and continue this process until you score 80%.
The CMA Exam Tips for Working Professional
If you are a working professional planning to take the CMA examinations, you have a tougher job at hand. In case you are unable to manage flexible working hours, you will have to find time after your work timings to study. Make sure, you cut down on distractions like social media, gaming, etc. and concentrate on your preparation. Try to cut down on social events and concentrate on your preparation.
Working full time and studying is not easy. Take care of your health while you go through such a tough schedule. 3 months of dedicated study for each part is more than enough to ensure a good preparation. We hope you will find these CMA exam tips useful. Browse through our website to know more information about the CMA examinations.
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Best Reference Books For CMA Foundation Exam
FAQs regarding tips to Pass the CMA Exam in First Attempt
As a CMA aspirant, you need to decide which part to take first. If you have experience in the manufacturing industry, you will find the part I easier than part II. However, if you don’t have any such experience, appear for part II first. Most candidates find this part easier.
Yes, it is crucial to create a study schedule to succeed in your CMA exams. You can find a study plan for CMA Inter here and for CMA Final here.
There are two excellent, time-tested strategies for remembering whatever you read. These are – marking/highlighting the important points and making handwritten notes along with your reading. These activities also help you revise quickly when the exams are near.
It is very important to take mock tests or practice tests while preparing for CMA Exams. These tests help you gauge your preparation level and tell you where you need to improve. The right way to take these tests is to analyse the results to understand your weaknesses and strengths. Then, you should work on improving your strengths and removing your weaknesses.