AFMACCA AFM Exam Results – December 2020 - Instant Poll and Comments

Go for one paper if you're working.

Failed at 48..my first P paper..I am aware I screwed up on Q2...but did not expect to lose so many marks in Q1 and Q3... How did you all managed to do Q2..such as using PE to find asset beta...any similar question in the past...

@chioma12345678 Click on ACCA and you can select a subject (e.g. AFM) then click on “watch all AFM lectures”. Be sure to download the notes that accompany it as well, it’s on the same page. Hope this helps.

My entire exams can be summed up in one word. Failed. AFM -34 second attempt. AFM -20 first attempt (December 2018)

@vw0845528 You only fail when you give up, and you're not giving up. So those 2 attempts are stepping stones to your next success. Perhaps you could look at what you could have done a bit differently. I would suggest getting a BPP Revision Kit and attempting ALL the questions (there's about 58 for AFM, do them all multiple times if necessary). Even if you read the question and the answer at the same time, write out the answer in your own words. That way you will get an idea of how questions are asked and how you're expected to answer it in the exam. It really helps so much. Relying on theory alone is dangerous. You've got this!

Finally passed, at the 3rd attempt 59% and finally an affiliate! I am so happy it is over! Good luck to everyone! PS: Do you know when the PER section will be available??? I am pretty sure I have completed it, but I cannot find it on myACCA...

Can share how did you tackle question 2 please..I did the apv radio question but got not enough time for the unbundling question in Q2...Q2 mixing the asset beta together with business valuation topic... which is confusing.. the question requirements are also not clear....can anyone help please..

I have failed with 48% second attempt and might resit in march but it will be remotely. I am worried about working as no scrap paper is allowed. How did you manage and any tips please share.

@SimKaur24 - the advantage of CBEs, especially for AFM, is that you gain part marks for your workings. On a CBE (and remote exam), you're given a 'scratch pad' on the software where you can type your rough workings. However, I would strongly recommend doing all workings on the response area instead (the spreadsheet) because this spreadsheet will be marked. You would save a lot of time, instead of typing it on your scratch pad and then copying it to your response area. I personally don't see a need for the scratch pad in AFM, unless it's something you don't want the marker to see. Of course you'd want them to see all your workings so you maximise the amount of marks you can get.

Congratulations

Cant believe i pass the paper with 57! The paper is hard for me and i not manage to finish all the question. Thank you so much for the help from John, this is the second p paper i passed with rely on open tuition notes and past year question from acca!

I am finally an Affiliate! I Passed AFM and APM (53 and 63) on second attempt after scoring 49 in both exams in September! My general advice for anyone taking in March is 1. Cover everything! Don’t ignore any area For example Q3 of AFM was on Collars and Swaps, nothing on the more popular derivatives. Q1 in September was on Bond valuation (often ignored). 2. Demonstrate your understanding! Even when you get stuck technically a demonstration of your understanding of the scenario and basic concept will earn you marks. 3. Pick the easy marks like those available for presentation 4. Fight Fight Fight!!! Don’t despair. Even when you get stuck, make an assumption, state your assumption and move on. For example I got stuck computing the asset beta in Q2, I just estimated and stated my assumption and then proceeded! Don’t give up hope!

*affeliate!

Congrats @Lepuyen165. What was your strategy for passing two papers at your first attempt?

I have failed twice and passed on the third attempt. I would highly recommend watching the webcasts that you get invited to by ACCA before the exam. You can also find them now. The technique used in answering question is really important (which is explained in the webcasts). and of course solving and reviewing exams multiple times (even retrying the same exam), the essay answers are very helpful for you when formulating or laying down your answer for different scenarios.

mwiser wrote: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!

HEY CAN you please share how was ur remote exam? any tips for me im writing my afm in march its a remote exam. thanks alot

Hello everyone who already passed or just beginning studying afm exam! I passed the exam from the first time?? And the big influence on my success brought opentuition.com. Many thanks for that. I had the following plan: I watched all the lectures on the site and wrote the outlines for each. The lectures are very good represented, everything is understandable! Then I looked at previous exams for a long time, I think I passed about 40% of all available exercises. About two times I looked at 1 whole exam. My advise is to try to write the whole exam more and more times. Timing was very hard for me at real exam? I passed with the score 58? But I have small kid with no opportunity to study more than 1,5 hour per day. So my studying took 2 months? but the result is positive and I very happy and thankful for that!

Dilyaruzzzzik wrote:Hello everyone who already passed or just beginning studying afm exam!

GREAT FOR YOU! so happy for you! I have a baby too so i need some help and motivation myself its my last paper..took so much effort and encourage to reach here.!

I am not comfortable with computer typing and usage it's not like that I am not good at computers but in pressure o could not perform well and March is the last attempt for manuals Give suggestions if it would be a better decision that I sit in 3 papers in March afm resit APM resit and sbl ist attempt or one paper per attempt I have revised 70% course completion. for AFM and APM and few question a d 20% for sbl

Congratulations. will be attempting for the 8th time. Its the only paper remaining so I have no option but to keep attempting. Thank you for the encouragement.