So we have 1.8 minutes per mark. I have broken it down to 1.5 minutes per mark and the remaining time is for actually reading the question and requirements. I find it very difficult to allow for any sort of plan otherwise I go over on the writing time for answering the question. I have no clue how it's possible to write a plan and answer the question within the allotted time. I have a hard time staying within the time limit even without the plan. I've been doing questions in the revision kit and so far I have done 18 questions and can hardly seem to remain within the time limit. So far I've only done the 25 mark questions (45 mins).
A bigger challenge for me will be the 50 mark questions (90 mins). In exam I always go over by a lot and so end up answering only the 50 mark question and one option. If I make it to the second option I may only have time to read the question and jut down some quick points for the first part of the requirement. Especially for the 50 marker, I find it takes a significant amount of time to read all the information, recalling what I've read and putting it into a logical pattern for answering the requirements. It's an even bigger task when there is financial data. I actually prefer questions with no financial data but unfortunately this cannot always be avoided.
I'm currently writing P3, I think it's my fourth or fifth try. I can't even remember anymore. In my previous attempts I hardly did any revision questions which I believed is one of the major reasons for my failures. This time I'm seeking to rectify that by doing all the questions in the kit. I just feel that by now I should have seen some improvement in my ability to answer questions within the time frame allotted. Sorry for the long post but I just wanted to give as clear a view of my situation as possible. Any advice?
Hello, I thought I let you know how I passed P3 with 75% . First of all I did study at BPP in London or you can choose any other provider as the tutors can give you invaluable advice and help. I did not read the study text at all . It is way too big and you do not need too much knowledge. You should only use course notes from the different providers or you can find some online for free. I decided that doing my own notes using course notes with my own words would be more memorable and much shorter so I can go through them often and it will only take me a few minutes to do so on the way home from work for example. I did most of the questions from the Revision kit to give me some idea and also help me remember better the notes as with practice is so much easier. When you do questions, you should try to write them down which will help you concentrate and also give you an idea how long it will take you to do the question. The biggest issue on P3 is the lengthy questions,specially Question 1. Dec 14 ,question 1 was huge and very much time pressured. When I am reading question 1, I make some notes and perhaps re-read each paragraph to ensure I have not missed anything. I would recommend that you do plan for at least question 1 as it can get very confusing and you can forget to mention something and you may start looking for what you have missed and it will take you ages giving the length of the question. Also if you have a plan , you would know what you are going to say, otherwise you would start a sentence which you do not know how it will end and this will actually slow you down. Choose which optional questions you will do in your reading time and perhaps spent 5 mins the most to read them quickly and write a few points coming to your mind straight away as I find that when the exam starts, even though we are all very stressed, we do have more clear thinking at the time and we remember things more at the beginning rather than later in the exam as we are getting too stressed out that the time is passing and our brain is not functioning so well. These are my thoughts on that anyway. I am sure I can give you some more tips which I can not think of right now so if you do have more questions,please do let me know. I am not sure if this will help you but I thought I will share it with you in case it does. Good luck and I hope June 2015 would be your lucky time and you will be fine. P3 is not that hard exam and stressing out will actually fail you .
Allot 1.6 minute per mark if you consider you need time to read and plan the answer. That is done to set a limit so never over run that limit. Once the time ends leave that part.
You don't have to plan the answer completely. You would have read Q1 in the first 15 minutes so just read the requirement. Underline all the requirements (one sentence me require 2 different things like identify the factors.... and explain....) Just think of basic knowledge stuff that is relevant to the particular requirement then start writing. Start reading the question and at the same time write on your answer booklet. This will ensure you won't miss any point. And the scenario develops gradually you'll definitely go the right way by following this approach.
Don't explain in too much detail. Make a point and justify/ explain it i.e WHAT and WHY !! ( e.g. merger is a better way to grow BECAUSE......). That's it. Move on to the next point. If the requirement is of 10 marks e.g. and it asks for Identification and explanation You'll have to understand that you have to write good 5 points. You have to learn how marking scheme might work. This can be done by question practice and see how question sets are based on specific marks. Don't just write the sentence from the scenario (examiner doesn't need that alone..this is just the identification bit) You need to JUSTIFY everything !!
Numbers are important. You can't avoid that you know so do work on that. Question practice is essential to pass P3 and professional judgement as well. Model answers are full of all the different ideas you might bring in for a question you don't have to write that much in exam. Examiners also don't expect such lengthy answers. Also focus on getting those professional marks and avoid repetition.
Ok thanks. Yes that's a good point about thinking for 5 mins to write for 1 min instead of thinking for less minutes and writing rubbish. I would have to practice this a lot. I've actually given up on trying to know the textbook inside out. I realized I actually don't retain the information.
So this time I adopted a new strategy. I decided to answer all the questions in the kit and I would read the requirements of the question, then refer to the textbook and read the related area. After this I would attempt to answer the question. In this way I am hoping to cover all the most examined areas and get a good idea of how to answer questions. And as I have done the paper so many times some of the information would have stuck in my head so it's not all new information.
If you want to improve the amount of time it takes to answer questions then it does not just depend on question practice. Yes, question practice is crucial and you must keep trying and you will notice that there will be a lot of similarities in questions which will make the planning and thinking time shorter as answering becomes nearly automatic. However, you must also read the requirement very, very well. The problem with a lot of people (including myself) is that you understand the subject of the question and you write as much as you know about the subject when in actual fact the question will only be asking about a small part of the whole topic. When you are practicing questions look out for this and if a question, for example, is 6 marks then it is usually the case that you will need about 6 points to answer the question. Do not go over or it will be wasted time for no extra marks.
Honestly Jinelle, everything you have stated above is just a mirror image of myself. Too length passages in P3. Reading your articles give me a flavour that you are in control. There is some element of luck in examination in addition to strong preparation for the examination. The night before can have significant effect. I relate to you and your statements have given me strength. I also think the advices given you I will also take on board.
I think when you pass you will pass very well. You may have actually passed by the time this is posted. You may actually know P3 better than those who have passed.