ACCA FM Exam Results – December 2020 – Instant Poll and Comments

Failed for the fourth time! 40% this time and 48% last time. Didn’t think it was possible to get a lower mark with more studying. I focus solely on exam kit when revising. I honestly feel like giving up now!

Passed 53%, Congrats to all others that also did. To those that didn’t, its not over, there is always next time. It’s not an easy course but you will get there, if it was easy everyone would do it.

Put the time in, learn what you don’t know rather than practice what you do.

I thought the exam on the whole was quite odd, worked in my favor but the exam had some odd questions in section A and C coming from directions I was not expecting!

First off did u understand ur topics and the questions carefully? like dont just memorize the answers and you’re off (speaking from experience) like fully understand them.

Please dont give in, I sat this paper 5 times and passed on my last attempt with 54%.

got 52% only but i am not complaining. passed both the PM and FM exams on my first attempt with barely 3 weeks of study time for both papers. i just relied solely on OT’s notes.

Failed, only 42%, 1st attempt, I think i need practice more with discussion questions, also have difficulties with forwards, TERP.

I will prepare for a March exam.

I am also one who wrote this paper over and again and eventually passed. I I strongly advise the following for a pass:

1. Go through every single past year paper available. Know them like the back of your hand.
2. Understand your strong and weak areas. I am stronger at section c so I started there and gave myself the chance to earn as many marks as possible.
3. Have a good general understanding of the entire textbook. They love to.ask section A questions from random, seemingly irrelevant parts of the textbook. In the days leading up to the exam, read the theory parts of the textbook a few times.
4. Have a solid knowledge of the core areas, EOQ, Receivables, WACC, IRR, NPV, etc.
5. Summarize the key points of the text book in around 10 to 15 pages in your own words. I don’t suggest learning from the textbooks. The lectures on OT will provide you with a good foundation and you can then refer back to the key points you summarised.

I really hope this helps. This paper is not impossible to pass but you do need to make wise choices.

Passed 65% at first attempt. Thanks Open Tuition.

Thanking firstly the best teacher John Moffat for such a wonderful set of lectures that made me able to pass the exam with 74%. Secondly, appreciation attribution goes to open tuition for providing a platform for free lectures and other facilities and the provision of world class teachers. I am now proceeding with Taxation and of course along with the lectures by open tuition. Thanking again open tuition for such an opportunity

Got 67%! Thank you OpenTuition!!

I read that a lot of people weren’t unfortunately able to pass. I’d recommend you all to be thorough with the concepts and the practicing using the exam kit is very helpful. Also, try taking up mock exams to be able to get the exam feel and to see how well you are able to manage time!
I did not even get a text- used only the open tuition notes & videos for concepts I didn’t understand. I’m used to self-studying, but do whatever works for you and remember;
Understand concepts
Practice Exam Kit questions
Attempt at least 2 mock exams SINCERELY

I’m sure if you follow these steps and work hard, you’ll ace it!
All the best guys!!!

Hey folks, can anyone tell me if ACCA still has prizewinners? I don’t see any information on these anymore. I used to really be inspired by their stories and advice. You guys know of any within recent years? If there were none, I’d be very concerned and so should ACCA. Just saying.

Hello, I am sittingn my exam in March for the 4th time. The first two times my computer crashed and wiped my whole exam and ACCA only gave 20 minutes to do section C and said they will retrieve my Section A and B, the third time I got 48%. I was put off from studying for a year and a half and have finally come back into it. Any advice on how to improve exam technique?

I am going through the lectures again, and then will focus solely on study text and past papers. Although, I feel the study text is rubbish as it does not replicate what is in the real exam.

Hi I passed with 83% on my first attempt and I can verify that the study text is not rubbish, in fact I think most Theory Based MCQ’s come from a very random part of the study text, and for me a thorough 2 week study of the study text really helped! Hope this helps

It took me a month and a half of prep – used kaplan and practiced their exam kit – honestly I spent 60% of time on problems and try mastering the different kinds of problems, and then I moved on to theory ( as I realised that FM is 50% theory ) which really helps you be sure of the tricky MCQs I think most people fail due to lack of prep for theory

I can’t thank you enough John Mofatt and other Course tutors, particularly AA too. I just concluded Skills level, will pass mark of 57 for FM.

I will be continuing with SBL and AFM now.

I love you all.