Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › ACCA AFM Exam Results – December 2020 – Instant Poll and Comments
- This topic has 69 replies, 55 voices, and was last updated 3 years ago by claramusonda.
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- January 17, 2021 at 11:00 pm #606223January 18, 2021 at 12:07 am #606343
Can’t believe I passed!!! Remote exam was a disaster, so glad ACCA took into consideration mitigating circumstances! Happy I’ve finally finished my ACCA journey!
January 18, 2021 at 12:18 am #606361failed .. got 42% it was my first attempt .. will try again on march 2021
January 18, 2021 at 12:19 am #606362This is definitely miracle.
Finally I am done with ACCA exam.
I bless God, I thank Opentuition family,
I thank all the lecturers, God will bless you all.
Waooooooo. 53% miracle indeed.January 18, 2021 at 12:22 am #606371Did both SBL and AFM the first time. Pass SBL 70, AFM 72. Not bad for 3 months of prep. Seem like one can nail ACCA in half a year (given full exemption on first 9 exams). Pretty considerate compared to CAANZ or CPA.
January 18, 2021 at 12:25 am #606378Passed with 56%.. It was my 10th attempt at AFM.. I’m now an Affiliate… I knew in my bones that I had done enough in that exam.. I fought hard to get that 56%.. If you failed just try again.. I never once thought of giving up.. I never considered changing paper because I had invested too much time and money on AFM.. And I really did not have the heart or strength to start over on a new paper..Also I really liked AFM it just didn’t like me much… I know the heart break of failing..It sent me to dark places. But still I took out my notes and I started studying again,again, again and again.. If I can do it anyone can..
January 18, 2021 at 12:29 am #606388Well done Annie. That really is inspirational. Congrats to you.
January 18, 2021 at 12:30 am #606391I passed with 56%, I do not know whether to go for another paper in March as I have not started reading yet. I have APM, SBR and SBL left. Which one can I do within a short period of time? Please advise me.
January 18, 2021 at 12:31 am #60639361% An affiliate now!!!
Been waiting to say that.
All self study and the help from OpenTuition. You guys deserve an award for the services you provide!Good Luck to everyone on their journey.
January 18, 2021 at 12:32 am #606395Hi all! It would be really beneficial for us all if you can you give your top tips to passing this exam with your mark! 🙂 would really appreciate it
January 18, 2021 at 12:36 am #606405To God be the glory, AFM 1st attempt 57% Nothing is impossible for God to do. Put in the maximum effort I could, exam time management and never give up fighting.
One more to go…SBL for me, March 2021 here I come. ACCA journey is worth every step.
January 18, 2021 at 12:40 am #606416Truly grateful that I passed AFM and now finally an affiliate. I think the majority of my marks came from the 50-mark APV question.
My advice is, don’t get stumbled if you’re unsure of how to calculate something. Take it one step at a time and you will get part marks for approach, even if your answer is wrong. As Mr Moffat says, you won’t lose marks twice so even if you make a mistake, you may lose a mark but be consistent and you’ll score full marks the rest of the way.
January 18, 2021 at 12:44 am #606427@shamany don’t worry, on my first attempt at AFM in 2018 I scored 23 believe it or not. I would recommend watching the OT lectures and attempting all practice questions in a BPP or Kaplan kit (I use BPP). Then, watch the lectures again and certain things start making more sense. Mr Moffat is an excellent teacher.
January 18, 2021 at 12:45 am #606430I agree with you…even when my results on 50 mark APV question were all awkward….I kept using the outcomes like that and I also gave my recommendations based on my own results. I look forward to the solution.
January 18, 2021 at 12:48 am #606435@ashlan , thanks a lot for the advise , i will follow your way and hope i pass the next attempt
January 18, 2021 at 12:55 am #606447Pass with 54%!!! THANK YOU SO MUCH JOHN MOFFAT!! COULDNT DO THIS WITHOUT YOU 🙂
January 18, 2021 at 12:56 am #606449I’d advice to go for SBL..but dont waste your time with the study text..u can use open tuition, kaplan practice kits and most importantly watch Hasan Dosani’s videos on YouTube on SBL..you would definitely pass if you watch Hasan’s videos
January 18, 2021 at 1:02 am #606458I was very confident to clear AFM this time around and it was my 5th attempt but fell short by 3 marks. Is it worth going for Administrative review? I have always seen unsuccessful reviews for my colleagues if they got stuck at 49. Please advice. Thanks
January 18, 2021 at 1:03 am #606461Great Guy
January 18, 2021 at 1:06 am #606465@shamany I am confident you will pass next time. May I also suggest watching Mr Moffat’s review lectures where he attempts past papers and you will see how he approaches small parts of a question at a time, so it’s not “overwhelming” during the exam. And don’t try to get everything right. If you can’t remember how to calculate something, try your best and move on. You will still get part marks for your approach.
January 18, 2021 at 1:10 am #606471@rishitesh I would not recommend an administrative review, as it is not a remarking service. ACCA has said that rigorous processes are followed when marking and special attention given to marks in the late 40s to early 50s. It would be a waste of money.
However, well done for being brave enough to attempt the December exam, and that in itself is an inspiration to fellow students. I recommend watching all OT lectures, attempting all question in a BPP revision kit and watching the OT lectures again. I am confident you will get this.
January 18, 2021 at 1:17 am #606479January 18, 2021 at 1:29 am #606496I personally recommend taking SBL. Do read the textbook once (or twice if you have the time) and jump straight to questions.
Take note on the five elements of professional marks. 20 marks is a lot. Make sure you make the most of it.
Make sure you understand the requirement carefully and answer according to the question.
Do not too focus on the element in the textbook when answering the question. Most of my friends who did not constraint their answer to the concept and theory from the textbook did pass !
ACCA do not want us to knowledge-dumping, it is testing our ability to be flexible and answering based on the scenario given. It is a business scenario question. Answer it like you are in a real-life business.
Good luck and all the best !
January 18, 2021 at 1:35 am #60650346. Second time fail with the same mark! Expected, as I didn’t attempt the whole of the APV for want of time. Started with question 3 backward to 1. Will be smarter for it in March. We go again! AFM & AAA to finish this in March!
January 18, 2021 at 1:37 am #606504Passed second attempt with 56%. It is a tough paper, I’m so grateful that I make it.
Officially an ACCA Affiliate. Alhamdulillah.
What I notice in AFM question is that the question will always evolve around investment appraisal question (NPV, APV, IRR etc), hedging question (currency hedging, interest rate hedging), and business valuation question.
Make sure you are well prepared for this type of question.
My tips is practice, practice and practice ! Attempt all past papers and make sure you understand the element from scratch, so that when ACCA twist the question a bit, you can still answer the question.
The most important thing is try to attempt ALL question in the exam. Do not leave any question blank, especially fact question.
All the best and good luck !
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