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*** September 2025 ACCA AFM exam – Instant Poll and comments ***

Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › *** September 2025 ACCA AFM exam – Instant Poll and comments ***

  • This topic has 15 replies, 12 voices, and was last updated 2 weeks ago by nula1989.
Viewing 16 posts - 1 through 16 (of 16 total)
  • Author
    Posts
  • September 5, 2025 at 6:00 am #719725
    opentuition_team
    Keymaster
    • Topics: 1415
    • Replies: 1407
    • ☆☆☆☆☆

    How was your September 2025 ACCA AFM exam?

    Vote in the Instant Poll


    (Comments will be opened after 5PM UK)

    September 5, 2025 at 5:44 pm #719886
    Reni831
    Participant
    • Topics: 0
    • Replies: 9
    • ☆

    Have anyone had a problem with remote exam?
    My exam was lagging so much I was not able to finish it. Its been reported to ACCA and they have cancelled my exam and transfer the credit to December sitting in the exam centre. Never again remote exams!! Im wondering what’s your experience? Or if anything can be done to improve it? ACCA claims its common and they can’t do anything about it! It was so easy for them to offer cancellation and transfer the credit but for me it was horrific experience which put me off remote exams. I can’t stand the noise of everyone typing during the exam in the centre!

    Its a shame as the questions were quite easy!
    Q1 50 marks international NPV, CTA criteria and benefits, ESG
    Q2 25marks hedging loan forward rate agreement, futures and collars plus treasury function, other options of managing currency exchange risk in international trading
    Q3 25 marks reorganisation based on 2 proposals

    September 5, 2025 at 6:22 pm #719888
    yash
    Participant
    • Topics: 0
    • Replies: 24
    • ☆

    I had a similar issue with remote exam. During my exam my exam practor sent me a message saying that she could not see me and she will be restarting my exam and I went on to lose 5 minutes but then my exam resumed

    September 5, 2025 at 6:36 pm #719889
    specimenk
    Participant
    • Topics: 0
    • Replies: 4
    • ☆

    I got the same, i messed up in the 50m last part
    Did we have to recalc NPV with 11% sales?

    For the first part Npv i got a positive 8m

    September 5, 2025 at 6:43 pm #719891
    usafasif
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    Can anyone hav different exam question .Plz share that as well

    September 5, 2025 at 8:07 pm #719898
    angel040aa
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    I got a positive NPV on the first part but I’ve seen some people say it was negative and the APV made it positive

    September 5, 2025 at 8:34 pm #719899
    Joe
    Participant
    • Topics: 0
    • Replies: 11
    • ☆

    Section A – APV calculation, base case NPV produced a negative and with financing side effects flipped to a positive. There were some FX in there and needed to use CAPM to get Ke.

    Section B – Acquisition of low end gyms in a struggling economy. Don’t think I scored too well on the calculations looking back but used FCF method to try and value the businesses.

    Section C – Multilateral netting, forward and MMH questions which were quite nice.

    Completed all questions with 10 seconds to spare, if I haven’t passed this then I genuinely don’t think I ever will as the questions were much kinder than the last sitting and I feel much better coming out of that one!

    September 5, 2025 at 8:41 pm #719901
    angel040aa
    Participant
    • Topics: 0
    • Replies: 3
    • ☆

    I definitely did my base case NPV wrong. Ah so annoyed!

    Section C was the same and didn’t find that too hard

    Section B I used FCF method as well but the mention of the uplift of 5% on revenue for year 1 threw me off a bit.

    I hope I did enough to pass

    September 5, 2025 at 8:49 pm #719902
    yash
    Participant
    • Topics: 0
    • Replies: 24
    • ☆

    I did get the same questions however my Basecase NPV was positive … God knows what I may have done wrong here

    September 5, 2025 at 8:52 pm #719904
    Mantas-K
    Participant
    • Topics: 0
    • Replies: 4
    • ☆

    I feel sooooo stupid, the questions were as good as they will ever be and I somehow went blank in the exam and ran out of time, The NPV question I somehow got a positive 30m which I knew was definitely wrong, and section B I left the free cash flow question until last so i doubt I scored well there either, my only hope is the hedging question and that I somehow got enough working makrs in the other questions to pass

    September 6, 2025 at 5:40 am #719911
    SAS1SOF
    Participant
    • Topics: 1
    • Replies: 12
    • ☆

    50 marks, Base case NPV was positive with me.
    The question with 5% uplift, I decided to not inflate for good ot bad.

    September 6, 2025 at 7:34 am #719912
    bizuayehuy
    Participant
    • Topics: 10
    • Replies: 12
    • ☆

    I have the same and quit well.

    September 6, 2025 at 8:06 am #719914
    awais011
    Participant
    • Topics: 0
    • Replies: 1
    • ☆

    I had a problem with my remote OnVUE exam and was unable to start it after passing the diagnostic check. When the proctor launched the exam, my screen displayed a “something’s wrong” error. I have now rebooked my exam for 10th September.

    September 7, 2025 at 8:02 am #719919
    castelo
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    I had the same issue and in the survey afterwards i raised. I also told my proctor during my exam.
    i had already done another CBE exam in March and another one i had on Wednesday got cancelled due to technical issues, so i knew this was on them.
    On top of the lagging, after having started the exam for 15 min, it quick me out saying i was using “whatsapp”. had to log back in lossing around 10min?
    Awful experience and very very poorly managed, just the opposite of what ACCA preaches. on Wednesday i had to be in front of the laptop for 2 hours trying to log in; when i called they just told me to continue; no message no appologies no anything.

    September 7, 2025 at 8:05 am #719920
    castelo
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    good luck.
    completely different exam but same feeling. if i dont pass not sure which exam i need to as i didnt feel the questions difficult.

    September 9, 2025 at 3:59 pm #719933
    nula1989
    Participant
    • Topics: 0
    • Replies: 2
    • ☆

    I had the version of the exam with APV, budget gyms acquisitions and multilateral netting and I feel same as everyone else. The questions were kind – I just wish I practiced my exam technique more as I did run out of time and left one 9 marks question out. This is my first attempt – one more exam left to become fully qualified after this, I am really hoping I’ll scrape enough marks.

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