With your studying and revision towards your next exam now planned in and underway and underway (hopefully!), we’ve assembled some tips on how we think you can maximise the effectiveness of the study phase.
• Ask for help!
Even if you’re a self-study student, there are still plenty of places you can ask for help and support. Using the Learning Community’s Study Groups is a great place to start – we have some very helpful users who have likely faced the papers before and will be able to provide guidance. You can also use the Discover tool on the homepage to find fellow students near you – studying together can help reduce stress and assist with understanding concepts more quickly.
If you’re currently doing practical experience work for an employer, use the expertise of your colleagues and bosses to help you solve problems. F5 prizewinner Michal recommended this is in an interview with ACCA. Your co-workers will already have passed these exams, so don’t be afraid to ask them for advice.
• Maximise input, maximise output
Staying fully committed while getting the work/life balance right can be one of the trickiest parts of studying ACCA. While it’s obviously important to ensure you’re devoting enough time to your studies, keeping that study time efficient and productive is key.
As a guide, F4 prizewinner Kayleigh has said in an interview that she spent around 10 hours per week studying – or around 2 per hours per working day.
2 productive, focused hours per day will be far more valuable than 4 or 5 hours of unfocused reading. Test yourself on what you have read that day to ensure you understand it. If there are areas you feel you might find difficult in a question, make a note of these so that you can place more emphasis on them during your revision phase.
• Take notes as you go
As above, taking notes of areas you find tricky is a core method for maximising the efficiency of both your study and revision phases. By keeping notes as you go, you’ll ensure that you process the information and absorb the relevant vocabulary, and that you’ll have an invaluable resource for when you come to revise.
It also helps to make sure that you fully understand the material, rather than just learning how to answer the exam questions. This will help to make you a more effective accountant once you qualify.
Are you using the above tips - and have you got any of your own to share?