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Between FR and SBR, FR marking scheme was very straight forward. 0.5 marks for crunching in numbers from question, 1 mark when there is some calculation as well and 1 mark for explanations.
In SBR, there are sometimes 3-4 marks for a single explanation and I don’t understand what to write to get all the marks, sometimes even the tuition provider books don’t have that much content on some topics.
For example, I got a question where 4 marks were for explaining if a financial asset should be derecognised or not. Even kaplan book has a very short paragraph on derecognition of a financial asset.
And this is just one example, I face such problem i almost every question. Can you please tell me what to write in such cases to get all the marks? What should be the approach? How should the thought process work writing explanations to get all the marks?
My rule of thumb for a four mark question
Two marks for basic knowledge that is relevant to the question
One mark for application to the scenario
One mark for a calculationRealistically if it is a six mark question most people would be unable to make six separate points but they will still pass. The markers are encouraged to give credit for any sensible points made in the exam.
It doesn’t always work perfectly but what you have to remember is that people who show knowledge of the basic syllabus areas will always pass.
Also remember that no one gets 100% in SBR – a very good student will get 70.
Finally remember that the main reason for not passing is lack of time allocation – so always move on when your time is up.
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