How to study MAFA or Strategic Management.?

MAFA requires a clear conceptual understanding and practice of variety of problems to get a grip. First decide on the source you are using and then keep faith in the source. Start with basic problems of the chapter. We suggest you prepare your own hand book, which should consist of basic definitions, formulae and little hints and tips which will benefit you during the exam leave.

Generally a concept is explained over a period of 2-3 pages and covers around 5-10 problems. Now your summary book should host the key formulae of the topic and also the selection of 2-3 unique problems. The summary notes and the problems selected is what you will refer during your exam leave and subsequent revisions. Once you are done with a topic, the best way to judge your position is by solving exam questions. So make use of compiler to asses your position, but make sure you mark important problems from compiler too and include in your summary book because compiler may also contain similar types of problems. In our next blog on MAFA, we will elaborate on the better use of your summary notes.

Approach to study during 2-3 months before exam leave.

2-3 months before exam leave, the focus should be more towards practical subjects. Try to cover all major topics in practical subjects. Keep your books updated. If you don’t have any resource, arrange it first from a friend. Focus more on core topics of Accounts, Costing and MAFA. A little bit of DT every week ends will reduce your burden to a great extent. Try to finish your classes at least 6 months before the exam leave.

Your approach should be with a purpose and the main purpose would be to understand the topic you are solving and marking the important problems. Make sure you do not touch petty problems during exam leave. You should be very clear right from day one of exam leave. CA final does not require extraordinary intelligence; it just requires discipline and hard work. Lot of students are confused where to start from. The key is to start. The first step is always the difficult one.

Before exam leave, choke out a decent study plan for 2-3 hours every day and around 4-5 on week ends. Your daily target should cover major topics from practical subjects. You can also supplement it with around 10-15 pages of DT or IDT every day, which will take around half and hour. The key is to just start, you will notice that over a span of 15 to 20 days you have covered a significant portion of the subjects.

Ban gaya CA yar....

17Th January 2010 the day i passed my CA final exam was undoubtedly one of the happiest days of my life. I can never forget the joy i could see that day in the eyes of my parents. To live that happiest moment i am ready to give any number of attempts to pass CA what so ever. This blog is a supplement to our Super Sunday initiative which aims at helping our friends with their study and sharing our experience of preparing for the exams. Team Super Sunday which consists of Dhawal, Sanket, Akshay and Rajesh will give an attempt to make a little difference in the life of aspiring CAs through our study experience. The biggest advantage of this blog will be that our friends can access it from anywhere in the world. Sunday targets and the study techniques will all be discussed via this blog. so watch out for some interesting stuff on this one and tell as many friends as you can.