In the words of toppers, “exam is not about scoring good marks or grades. It is all about giving your best effort and increasing the competition for others.”
Finance papers are quite complex for some students, provided that they never considered the subject to be easy and fun. Students who considered the subject to be tough and boring, are more likely to devise less time learning it.
However, the truth lies beyond these notions. Like every other tough subject, a perfect strategy, plan, and discipline are required to score decent marks in finance and accounting papers.
In today’s article, we will be discussing ways to score generous marks in finance and accounting papers, we will see where we are going wrong and how we can improve our score.
Creating a solid plan:
A solid plan will take you to the best possible route, which you might think of as a guideline for success. In every so here of life, you need to have a great plan, a plan that has all the odds and evens matched and evaluated.
Nonetheless, if you have a plan, it is difficult to score very good marks, even if you are thorough with the contents. The reason is that you might have everything in your knowledge, but you don’t have a mapwork to direct yourself.
Besides having a plan, you should strategize about the subject material. For instance, in a subject like financing and accounting, you need a lot of practice as the subject is fluid and technical.
Since these subjects have no literature in them, you need a different strategy to tackle this subject. This subject doesn’t require your innovation or creativity, it requires sheer dedication and practice.
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Now that you have known the importance of planning and strategy, let us directly get into how to plan for these subjects.
- Prepare a timetable:
Now that you have a lot of subjects to read, revise and practice, you can’t hold a single subject for a whole day. No matter how much syllabus is left, you have to diversify your preparation.
So, the best way is to have a timetable. Know the type of person you are in reality. If you are a morning person, hit the bed early, wake up early and get going.
If you are a night owl, and your tentacles get activated during the nighttime, then prepare your day accordingly.
- Fix your study time:
Apart from all the chores and activities, on a full day, when you don’t have any classes, It is expected that you at least study for 6-8 hours.
A daily study for 6-8 hours would take you far away from a lot of people and make you stand out from the crowd. Use effective session study techniques to increase productivity.
For example, you can track all your activities of the day in a single shot. Cut down extra activities that will take you nowhere. Examples are gossiping, random texting, moving out for no reason, etc.
- Track your growth and performance:
After that, you get out of the whole study session. Do you manage everything nicely, start tracking your performance.
Take a sheet of graph paper, anyone according to your wish. Draw a graph of every individual day, starting with the number of hours you studied against the portion of the syllabus that was covered.
If you find that the growth is static, you are on the right track. You can push a bit, which is not advisable initially, only if you feel like it. If there is a decline in the graph, try to maintain your overall performance from the next week.
Hacks to score better marks:
Planning is not the only way to get your target, however, it plays a very important role in deciding your performance. Here are some hacks to score better marks in finance and accounting.
- Begin with a boom!
A good start will take you very far in your journey, especially in an exam where you are appearing for finance and accounting. Begin with a splash, start early and advance yourself each day.
Time is a huge factor here, and you have to decide whether or not you want to achieve your goal. If the answer is yes, start early.
Subjects like these take a lot of time at the initial stages and are lengthy as well. You will always be at an advantage if you begin early so that you get a lot of time to practice PYQs and sample papers.
- Be target-oriented
Studying alone can sometimes be ineffective if you are not completing a given topic within a specific time limit.
Suppose, you take 3 days for a topic, and you complete it in 6 days or so. This is the sheer wastage of time, and gradually this may work against your aim.
Devise your time very carefully. Try to cover your syllabus beforehand so that you have ample time for practicing questions.
- Know the important parts:
There would be units in your textbook or syllabus that have the maximum weightage. And the best way to know that is to pick up the last 5 years’ question papers.
See which topics are primarily focussed on, which topics are asked frequently. The topics that come frequently, emphasize them more than the rest of the topics.
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- Make comprehensive notes for effective revision:
Revision is the key to any exam, and this applies to finance and accounting as well. Make notes comprehensively and try to revise them as many times as possible.
The best thing is that you would be able to revise everything in a single shot.
So, try to make comprehensive notes so that you revise everything during your final days of the exam.
- Solve papers:
Sample papers are a great way to score good marks in this paper. Try solving at least 10-12 of them before sitting for the final exam.
Condition yourself as sitting in a real exam while appearing for mocks and solving sample papers. This will boost your confidence on the day of the exam.
Exams will decide a lot of things, but your efforts will never go in vain. You are more likely to pass through flying colors if you put in your best for achieving your target.