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Hi guys. I passed my P1 exam on first attempt.
Let me specify the following before continuing :It is totally possible to pass with only CIMAstudy and opentuition texts. I have bought only one aptitude from CIMAstudy and it helped me a lot. Effort is KEY. I’m 18 this year and it took me three weeks of full time study to pass this.
Currently going for E1 and F1.
Anyways, I find these topics most during the exam :
-DECISON MAKING WITH RISK
(maximin, maximax, minimax regret and decision trees.)-ABC, Traditional Costing.
(make sure you know how to allocate costs<IMPORTANT>and the profit difference between marginal and throughput. so far no TPAR ratios in my exam.)-VARIANCE ANALYSIS
(Who would’ve thought? Know your formulaes. They tend to ask essays style variance questions)-BUDGET. BUDGET. BUDGET.
(Flexed Budgets. Budgeted costs etc.)-Forecasting Y=a+bx
(as long as you familliarise yourself with time series questions, it’ll be easy)Others : Relevant Costing are all essay type questions. REMEMBER to identify it clearly. Linear programming was rather shady. All the questions i got was essay questions.
Materials I used :
OPENTUITION Study Texts
OPENTUITION Lecture Videos (Make sure to watch them)
CIMAstudy P1 aptitude testsStudying timetable :
Everyday 9am to 1230pm. 430pm to 615pm. 930pm to 1145pm.How I study :
STEP 1 – I flipped through the study texts, it took me 3-5 days.
STEP 2 – Watch the lectures WHILE doing aptitude tests.
STEP 3 – On the 16th day, I would have already finished the lecture videos, so practice questions is vital.
STEP 4 – Day 16 to Exam day : I will do questions chapter by chapter (IMPORTANT) so i could easily identify my weak spots. Make sure you REVIEW ALL your wrong answer and make sure you understand what you did wrong.With proper preparation you’ll find the exam surprisingly easy, as speaking from experience, CIMAstudy provides questions harder than EXAM type questions.
ATTENTION – I find the opentuition ‘LINEAR PROGRAMMING’ chapter a bit too complicated, as opposed to the real exam. So if you can understand the chapter, you are more than prepared for the exam ones.
Time management :
I managed to go through all questions in 1 hour and 12 minutes with 8 flagged questions.
By the end of the assessment I have 5 more minutes to go through all done questions. Time management is rather important I think. Be sure to practice on exam kit.Fingers crossed for my E1 exam that i’ll be taking 3 weeks later and I’ll update then. Love you guys :D.
How many questions were there from Variance ? what are essay type questions for variance and other topics ,you mean long questions ?
By essay questions I mean :
Example one :
Which of the following is true?
A
B
C
DAnd
Example two :
Select all that apply
I and IV
II and IIIVariance questions mainly ask on your knowledge instead of calculations, so I think you should read the free ASTRANTI Textbook thoroughly
Thank you Janicess. So basically they ask more theoretical questions rather than calculative. Most of the people I spoke to said the same about P1 . But in F1 I found the question were more balanced and E1 was pretty easy.
Thank you 😀 I was planning to go for e1 next and am kinda scared because it seems like there’s a lot of areas to cover before the exam ?
Wish you luck -!!
Yes there’s a lot of area to cover but the syllabus is also very interesting. Its not that boring like audit. Most of the question in my exam were case based where they give you a small 2-4 line of info and ask questions from that . Where possible they also ask simple amd direct questions.
Nothing to worry about , if you can conquer P1 in 3 weeks then E1 will be moonwalk for you. ?haha i wouldn’t say moonwalk, memorising hasnt always been my strong suit, calculations are. so maybe E1 will be harder for me than P1. fingers crossed. will update at the end of june on how my E1 exam goes. Im kinda scared of the OCS though, if you have any tips would be highly appreciated as im self studying with no lecturers’ help x(
Im also self studying just by using kaplan study text and kit. I’ll go for P1 this month and OCS in aug and I really don’t know how go tackle OCS . I have gathered some Materials which might help you to prepare for Case studies. If you can provide your Email Id then I’ll send it to you.
hii thankkkk uuuuu my email is cernyinn24@gmail.com
im also preparing for the aug ocs haha
my plan is to go for e1 this month, f1 next month and case study on aug. I have seen the pre seen analysis and i think it kinda helped. Here’s an additional link if you want :
https://thecimastudent.com/2020/03/27/cima-ocs-may-2020-chargeit/Hey,
Getting ready for P1. I have BPP book and it is massive!!!. Just finished it and everything is just a mess in my head now. F1 was ok but I passed it online and found harder to use computer board instead of paper, so ran out of time. E1- plenty of time left but there were a few questions which were not covered in BPP books. I find Cima Aptitude 2 quite useful but I think BPP books are not that good. Anyone could compare BPP and Kaplan. Should I swap BPP for something else? I liked BPP when did my AAT but now I am a bit disappointed when it comes to CIMA.hi there, for how long did you keep to your study timetable?
Studying timetable :
Everyday 9am to 1230pm. 430pm to 615pm. 930pm to 1145pm.i am doing it part time, so would like to get an idea of how long it would take me to cover P1.
@rmatthyse: I am also studying part time, working full time so obviously 3 weeks preparation time is very tight.
I passed P1 on first attempt last week and I did intense studying for 2 weeks (weekday nights 3-4 hours per day and full weekends 8-10 hours per day). Before that it took me about 1.5 month to just go through the syllabus on a much more relaxed basis.
My advice would be to summarise the content yourself and buy CIMA Aptitude. Work through the questions in Aptitude in small blocks (e.g. 10 questions per area to start with) and then read the solutions carefully on the questions where you were wrong.
Then do a mock exam under exam conditions at the end of the week to see where you stand.
Also – if you’re taking the exam online, prepare yourself to not be able to use a physical note pad. It takes some time getting used to scrabbling down notes on the note pad on the screen.
Hi People- I passed P1. Just want to say I definitely would not have passed if I used only opentuition materials. Some of us may be lucky or very smart but for all these who are looking for an advise- please be prepared that opentution might not be enough.
I had 2 questions about standard deviation, quite a few about digital costs. Lots about budgetting as previous person said. I was suprised I had not even 1 question about TPAR etc and profit differences between marginal and absorbtion costing. About 60% of my calculations were about variances and most of them were backwards. VARIANCES VARIANCES VARIANCES!!
A few ABC costing calculations, breakdown revenues and quite a few about decisions and relevant costing. Not many suprises but answers were not always obvious. Would say theory to calculations 60% to 40%
Thanks everyone!Hi Janicess and Souvik,
Me too studying for E1 and F1 at the moment. What practice questions kit did/do you use? I have only the opentution practise kit. Is this enough to pass the exam or need more?
Appreciate your feedback. Thanks!Thank you for your post! I passed E1 quite easily but P1 I am finding very hard. There’s an app called Quizlet where you can set quizzes for yourself on definitions and formulas so I’d recommend using that. I think the key to E1 is learning definitions and pros/cons. Big data and technology came up a lot in my exam
Hey All,
Passed E1 end of last year by using the Kaplan study text and exam toolkit. The exam toolkit was very useful. I would say however, there were some questions that came up which were not in the study text.
Passed P1 at the weekend and would highly recommend the Kaplan study text & Exam toolkit, Astranti Mock, Open Tuition chapter assessments and the CIMA practise test.
Have F1 coming up next so would like to hear thoughts on those who’ve done this…
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