Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › ACCA AFM September 2020 Exam Results – Instant Poll and Comments
- This topic has 59 replies, 52 voices, and was last updated 4 years ago by Oluwatosin.
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- October 19, 2020 at 7:55 am #590237
Failed with 45%. I actually expected a total disaster because I completely messed up the hedging question, left out some written bits due to running out of time, and spent way too much time on the NPV question due to struggling with the CBE exam format and the formulas not working in the spreadsheet…
Now, my strategy will be to prepare for the CBE format as much as I can and to start with section B (I did that with APM and it worked). It’s good to have a fresh mind when you approach a hedging question because you can easily get bogged down in details and spend too much time on it.
Overall, I’m relatively comfortable with the material but I’m not good with corporate restructuring and capital reconstruction or with company valuations. I’m quite sure at least one of the topics will come up in December…
In the end, 45% may not sound that bad but it’s for sure very far from good!
October 19, 2020 at 8:07 am #590246Passed with 76%… it was the last one. I’m soooo happy.
Big THANKS for OT and the tutors for the fantastic work you are doing!October 19, 2020 at 9:07 am #59030082% – passed my last exam with a bang! Can’t believe it
October 19, 2020 at 9:12 am #590308Practice as much past year questions as you can and the Kaplan revision kit. It definitely helps!
October 19, 2020 at 9:52 am #590346Passed with 66 Marks. Was expecting a bit on higher side. But never the less, Job is done.
2 more to go (SBR and SBL- both compulsory papers)
thank you.
October 19, 2020 at 9:52 am #590347First attempt – Passed with 72%. Thank you John for OpenTuition and for guiding us throughout!
October 19, 2020 at 10:03 am #590352Hi,
Do you have any summary notes for exam papers.
October 19, 2020 at 10:15 am #590357Passed 51% on Second Attempt with 80 marks attempted . Now an Affiliate .
October 19, 2020 at 10:59 am #590390Passed, thanks to God Almighty and Open Tuition. The questions in the September paper are exactly identical to a handful of past paper questions, with barely any change made. Guys – do not be dismayed. Keep going and you will prevail. The AFM lecturer is a Godsend, and absolutely brilliant at what he does. His work is par excellence and you will do well to listen to him. Good luck and God bless you all!! Thank you Open Tuition!! Good bye!
October 19, 2020 at 11:00 am #590391Pass 60% It was very hard! Thanks for help!
October 19, 2020 at 11:05 am #590393failed the 4th time with 46%. Honestly I did not prepare well for this time, as I was too busy with full time work, with a very long and late meeting on previous day before the exam date. I even considered to not show up on exam day but took the exam anyway. And the result is even higher than my 3rd attempt – which I put more effort in. So hope that my 5th attempt in Mar will be the last for AFM. Still have APM to go though 🙂 Good luck to all!
October 19, 2020 at 11:35 am #590424@aw77 But thats not your problem, the issue is on their part. Its their responsibility to ensure that the systems are in place before rolling out CBEs. Ask them whats the guarantee that it will not happen next time? It’s not just about money, the amount of effort/time you must have put in is more important in here.
October 19, 2020 at 12:18 pm #590447Hi Shaned,
Who was the study material provider you used to prepare for the exam. I failed to the 3rd time and I need to change on my preparation technique and probably try another study source.
October 19, 2020 at 12:42 pm #59046751% pass and i did not answer 18 marks. This resource has been very helpful i wish i knew about it sooner. Thanks for the resources they were absolutely key to this pass.
God bless you.
October 19, 2020 at 1:22 pm #590478@SheilaaC used kaplan kit as study text and bpp kit to practice past questions. attempt questions from bpp kit at least twice (including mock exams at the end of the kit). You can start attempting the questions in kit while you complete the chapters from text. Please do watch the lectures available on this site, i even viewed F9 lectures to review the basics/fundamentals for e.g. for dividend valuation model because this is used in AFM to value a company. Specially the lectures on foreign and interest rate hedging are really good. Would have been in trouble if there were no such lectures related to these areas on opentuition. Personally i found acquisition area to be complex so if I would have to do it again I would focus on that because its my weak area. Also go through the technical articles, they are important, the last article was on basis risk so this will probably come in December. You can also refer to the comments by vapiano91 on https://opentuition.com/topic/my-personal-tips-for-passing-p4/
October 19, 2020 at 2:34 pm #590504.
October 19, 2020 at 3:04 pm #590514thanks to open tution , you were there from my very first paper, till my last .
i appreciate this. passed p4 with 51% 3rd attempt.October 19, 2020 at 4:08 pm #590534I passed AFM with 78%, finally qualified now. Well done to everyone who passed (the mark is irrleevant).
Keep trying to everyone who didn’t (question practice and time management was important for me)
October 19, 2020 at 4:09 pm #590536Insane score, congrats!
October 19, 2020 at 5:32 pm #590555Hey, I’m going through the same thing I’ve failed twice with the same 44 score. I was frustrated but decided to try again on December. We just can’t quit now. I’m considering just practicing lots of exams without studying the text book. I did the opposite the last two time, got comfortable with the material itself but I was nervous in the exam. Anyway, no good from quitting now, and good luck to both of us.
October 19, 2020 at 11:07 pm #590648Many congratulations on your big success. Could you please share some strategies to pass ?
October 20, 2020 at 4:19 am #590670Did any of you who scored high do the remote examination? Please share your tips for success. Some of us did the remote examination.
October 20, 2020 at 5:01 am #590674I have been preparing four months for this exam. And ACCA team did not allow me to start exam claiming they don’t see me due to my issue with my camera. Before exam I passed test with camera several times. My laptop is most latest HP X360 in the market and camera was on . I made photos from the exam with date and time in laptop menu proving the camera is on in both settings and front signal is on , sent them complaint attaching all photos but nothing, they just apologised that it happened with me and did not unfold the reason.
October 20, 2020 at 7:03 am #590686I failed so many times of APM, also someone I know still failed APM, I spent a year to pass APM, someone spent over 1 year to pass FM. So do not give up, you will pass your exam.
October 20, 2020 at 9:41 am #59071451% !!!
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