Category Archives: 2019 UPDATE

A New Beginning, A New Look.

I started this blog four years ago when I was on the operational level of the CIMA ladder, it’s come a long way since then.

My first blog post was discussing the merits of online study materials against the bulkier ways of studying with traditional text books and my last one was about completing the qualification.

Full circle you might say.

The idea behind starting the blog was to share my experiences and opinions on studying for CIMA. I also felt it would be a great motivational tool for me as I progress through the levels.

I found by writing blog posts and researching the tougher CIMA subjects, it was a great way for me to learn and pass my exams. Being able to provoke discussion and interaction from other students was also invaluable for me and something I enjoyed.

Like most blogs, they need a good clean up and freshen up to avoid becoming stale.

With the new 2019 syllabus on the horizon and having become a ACMA, CGMA myself, it now seems the perfect time to revamp The CIMA Student.

The over-riding aim of the blog remains the same, helping other students on the path to CIMA success.

I’d also like to add that the site does contain affiliate links to Astranti and Practice Tests Academy. They are both providers that have served me well when taking and passing CIMA exams and I would only recommend resources I have first-hand using myself.

The commission I have earned has enabled me to cover the domain and design costs as well as recently removing the WordPress ads that used to plague the site.

The site looks cleaner and will allow me to focus on advertising smaller CIMA tuition providers and tutors, in return for expert content and advice.

I hope you enjoy the next chapter of ”The CIMA Student”

The CIMA Student UPDATE

Following the recent success in passing the final CIMA exam and having my PER approved, I have had time to reflect and think about how to move “The CIMA Student” website and blog forward.

As technically I am no longer a CIMA student but an associate!

Nevertheless, I want to continue to write the blog and help other students along the way on their journey to becoming fully qualified.

In fact, no longer having to study means I (in theory) will have more spare time on my hands to focus on producing longer form content for the blog with a focus on the 2019 syllabus.

More on that later.

I’d also like to thank all of those who have contributed in any way shape or form to the blog and those students who have contacted me in the comments box and social media. Being able to speak with other students has helped me along the way and provided extra motivation when I have needed it.

The CIMA Student website and blog will be undergoing a revamp with new logo, colour scheme and layout in the coming days so keep your eyes peeled, any feedback is welcomed of course.

CIMA Tutors/Academics Needed

I am looking for CIMA Tutors or Academics who can write in-depth articles on their area of expertise in relation to the 2019 syllabus.

I want to produce a set of exam tips articles for each CIMA paper under the 2019 syllabus from P1 to F3, with around 600-900 words of expert advice on that paper to go alongside my own practical advice and resources to pass the paper in question.

I appreciate it’s a busy season for tutors right now due to the impending release of the new syllabus, but I’d like to build those articles up over a period of time in order to give students a real helping hand in passing their next CIMA exam.

In return I can offer advertising space on my site for tutors and their learning providers.

Please get in touch with me via the comments box or my email on thecimastudent[at]gmail[dot]com for more information on this project. 

Please pass this information on to anyone who you feel maybe interested.

Thanks for reading and good luck with your next exam!

My CIMA Journey

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Having passed the final CIMA exam, I have taken some time to look back over the last four years and reflect on the highs and lows I had along the way.

Operational Level

I actually took the E1 and F1 papers together when it was under the old 2010 syllabus, it was the old school hand written papers that needed a 50% pass mark (I converted the score to 2015 syllabus for the sake of the graphs).

And I was actually eligible for an exemption from the P1 paper as part of the transition to the 2015 syllabus, hence why it was zero.

Which, in hindsight, was probably the best paper in the whole course to get an exemption in, as the recent CIMA exam pass rates show only 47% of the total P1 exams taken are passed!

The lowest rate across the whole syllabus.

E1 was pretty easy going but I just scraped over the line with F1, which looking back was probably due to the fact I was studying for both papers at the same time and tended to focus on the easier subject of E1!

The 2010 syllabus was more akin ACCA style of only being able to take exams at specific times of the year, so students took 2 or 3 exams at a time.

Nevertheless, I passed both E1 and F1 and was lucky enough to tackle the OCS exam in the next sitting following my P1 exemption.

Here are a few old blog posts on the Operational Level;

Management Level

This was without doubt the toughest level for me, which I believe was down to a combination of three things;

New Objective Style Exams

I don’t want to blame the format of the CIMA objective tests that were introduced in 2015 for my failures at F2

But I am going too.

The style of examination sounds easy when try to explain it to a friend or colleague “So you have 90 minutes for 60 multiple choice questions? Sounds easy..”

Not quite.

For one, the pass mark is 70% and the depth of the syllabus can be overwhelming at times, so there is no hiding place in these exams.

I felt like a solider going to war with a water pistol when I took my first objective test under the 2015 syllabus.  It was a steep learning curve that day and one I evidently didn’t learn too much from, as I failed my next attempt at F2!

Still, third time lucky. I eventually got to grips with the F2 syllabus and had a solid strategy on how to tackle the objective tests to ensure you have enough time to answer all questions!

Content

The jump from operational to management level is quite steep, bigger than the switch to management to strategic level. So be prepared for tougher content with more complex subjects and equations to handle when moving onto management level.

As you can see from the latest CIMA pass rates, more students find F2 the toughest exam in the financial pillar with only a 51% of all exams passed.

Motivation

Management level is a bit like no mans land, as there seems to be no light at the end of the tunnel.

After the joy and celebration of passing the OCS, you still have six objective tests ahead and two case studies before becoming qualified.

I found it was tougher to motivate myself for these exams.

The initial novelty of CIMA had worn off and F2 dented my confidence and general well-being. My case study results also paint the same picture, I scored 102, 88 and 108 in the OCS, MCS and SCS exams respectively, with my lowest score of 88 in the MCS.

I would suggest students try to find extra ways to keep yourself motivated and committed at this stage, get through this level quickly and unscathed and you’re on the home straight.

Here are my earlier thoughts and blog posts on the Management Level;

Strategic Level

There was a mixture of eagerness and trepidation when I began my path on the strategic level, you could almost smell the CGMA title but I was wary that surely these papers must the toughest ones yet.

I kicked off with P3 Risk Management and narrowly missed out on a pass with 95 marks, it was a tough exam to study for, especially the currency swaps and FOREX elements. I attempted so many practice questions the whole syllabus seemed to blend into an abstract art form at one stage.

However, I got over P3 on the next attempt and it was smooth sailing when taking F3 with a first time pass. I think the fear of F2 kicked in.

I almost got derailed at the last when I scored exactly 100 to pass the E3 exam by the slimmest of margins. It was a tough exam, I felt.

Students (myself included) tend to fall into the trap of thinking the E papers are easy, as there are no numbers. But don’t get complacent when taking E3, I found it tricky.

And the SCS, well what more can I say about this glorious, wonderful paper.

The last and perhaps my most favourite exam.

Here are my blog posts on tackling the strategic level exams;