CIMA Case Study: Pre-Seen Analysis

Insight

The pre-seen analysis is the starting point of your exam preparation for the February case studies, you’ve had a month or so since they were released by CIMA but I’m sure the Christmas and New Year put your studies on hold somewhat.

Here are my tips on how to approach the pre-seen materials;

Read Through Pre-Seen and Make Notes

The obvious starting point is to read through the official pre-seen document from CIMA page by page and annotate the document. Making brief notes and highlighting the key information, doesn’t matter if it looks messy, it should be a brainstorming session.

Make a SWOT Analysis

Now you have an idea on the company and background of the case study, a SWOT analysis will help you understand the strengths, weaknesses and identify the possible examinable areas.

  • Are there low barriers to entry to the market?
  • Is there sufficient marketing?
  • Are the board of directors operating effectively?
  • Is there a potential audit or compliance risk?

Read Through Your Notes Again!

You should read the pre-seen materials and dozen or so times, each time you will either pickup new information or cement your knowledge of the materials.

Use your time wisely, read your notes on the train to work, in the doctors waiting room… there is no excuse for not finding the time to study!

Use a Mix of Resources and Videos

Watch the pre-seen materials and videos available online, visit CIMA student forums or with your tuition provider. Gauge the opinion of others on the pre-seen materials, use your colleagues as a sounding board.

Don’t just confine yourself to the 16 page document from CIMA – there is a wealth of information and informed opinion out there that could help you – find it!

Make Final Summary Notes

Use just one sheet of A4 paper and use both sides.

Summarise the key points from the pre-seen materials on both sides, make notes on the key financial numbers you will refer to in the exam. 

The idea of this A4 paper is your final revision notes on the pre-seen before you tackle the mock exams.

CIMA Feb 2019 OCS: Trigg Adventure

If you are struggling for motivation of feel your pre-seen analysis has been aimless so far, then watch the Astranti video below on Trigg Adventure, over an hours discussion on the pre-seen – invaluable!

You can find the full videos on the February OCS exam here.

CIMA Feb MCS 2019: Crowncare

The upcoming CIMA MCS exam is based around a company called Crowncare, likewise if MCS students are finding the pre-seen materials a minefield to work through and want some reassurance they are on the right path, then this video below from Astranti will go someway into making sure you’re exam ready.

You can find the full videos on the February MCS exam here.

CIMA Feb SCS 2019: Vita

Astranti have also covered their pre-seen analysis of the February SCS exam – Vita. 53 minutes packed full of useful information which should complement your notes already made on the Vita case study pre-seen.

You can find the full videos on the February SCS exam here.

CIMA Official Pre-Seen Materials: Feb 2019

You can find the official pre-seen materials for the upcoming case study exams below;

Good Luck and Happy Studying!

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CIMA MCS Feb 2019: Crowncare

MCS Feb19

The February 2019 case study marks one year since I took and passed the MCS exam, so I can vouch it’s a great time of year to take the MCS – what’s more you get 60 days of study and revision in between the pre-seen materials and the exam date itself.

Industry Analysis

From previous experience of passing the OCS and MCS exams, the one area I find difficult is giving real life examples and applying industry analysis in my case study exam answers.

In the rush and stress of an exam situation, my mind struggles to recall the relevant real life examples to supplement my answer.

Remembering the pre-seen materials and making conclusions feels more natural, so I have sort advice from students on this subject so hopefully you can “beef up” your answer with some real life industry examples when you take the MCS exam in February.

Link Likely Issues with Industry Analysis

2018-01-13 10_33_00-February_2018_management_pre-seen_V2.pdfFor example, in the Feb 2018 MCS exam Nortan was based around a multi national Oil company and their shared service centre.

One of the key issues was around the environmental issues around their operations, if there was an oil spill it would have big consequences on their reputation and the financial impact of the cleanup.

And this could be illustrated by the real life example of the BP Oil Spill in 2010.

So by tagging the Industry Analysis with the Likely Issues in your revision you are killing two birds with one stone. You are thinking about the potential examinable area and already have an industry example on hand to help supplement your answer.

Furthermore, you may want to add the technical side of the syllabus you want to refer to the answer. So your revision notes when analyzing the pre-seen materials could look something like this.

ISSUE: Environmental Risks and Dangers

INDUSTRY ANALYSIS: BP Oil Spill in 2010, due to BP and their contractors cost-cutting and lack of controls in place in the industry as a whole.

TECHNICAL: P2 Risk Management TARA, how do we assess the risk and what action should the company take?

By taking this approach to your MCS revision and pre-seen analysis you should be able to produce a more coherent and balanced answer.

MCS Pass Rates

Looking back at the CIMA pass rates for the MCS exam makes for interesting reading. One thing I would stress is that students taking the MCS course should be CONFIDENT given the recent pass rates – which was 75% in August sitting!

PassRates

The MCS exam has the highest pass rate among the case study exams and, in my opinion, it’s down to one thing;

EXPERIENCE!

  • Experience of passing the OCS exam, gives students the know-how on the CIMA case study format and what’s expected.
  • Experience of passing the six objective tests beforehand, gives the technical skills and confidence to MCS level students.

But that’s not to say the MCS exam is easy.

Far from it, the pass rate of the CIMA gateway students way is just 35% – so this indicates that students attempted the MCS without having the previous experience of CIMA behind them will really struggle to the pass the exam.

Despite the encouraging pass rates for the MCS exam, we mustn’t get complacent that it’s an “easy” exam to pass.

CIMA Gateway Students

As mentioned above, the CIMA gateway students are those who will beginning their CIMA journey with the MCS exam as they have exemptions from previous qualifications.

If you are reading this blog post as a CIMA Gateway student then I would suggest to read this interview we done with a gateway student who passed her MCS exam first time.

CIMA MCS: Astranti Feb 2019 Course

MCSFeb19 NOW.png

The full MCS course from Astranti is really packed full of resources and comes with a pass guarantee.

  • Complete pre-seen pack (pre-seen, strategic, industry analysis and top 10 issues)
  • 3 x Full tuition videos
  • 2 x Study texts
  • 2 x Live Masterclasses (the keys to passing and revision masterclass)
  • 3 x Full Mock Exams (based on Nov 18 scenario)
  • Detailed marking and feedback
  • Ethics Pack
  • Pass Guarantee

MCS Pre-Seen Materials: Crowncare

Crowncare

The official pre-seen materials from CIMA were released this week, an early Christmas present for all of you MCS students!

You can find the official document from CIMA here for the Feb 2019 MCS exam.

MCS Feb 2019 Important Dates

MCS Feb 2019