Forums › ACCA Forums › ACCA AFM Advanced Financial Management Forums › Should i go for self study for AFM
- This topic has 2 replies, 3 voices, and was last updated 4 years ago by jonathanline47.
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- April 13, 2020 at 3:12 am #567659
I live in a city where we do not have any AFM teacher and i took couple of online demos and did not found any helpful, I am quite used to face to face classes and online does not seem suitable for me. I have talked to couple of seniors and they all adviced against self study. In your opinion and according to your experience, do you think that AFM is suitable subject for self study along with OT notes and lectures? I have been told that it is a very daunting exam and extensive classes are required. I just cleared AAA and AFM is the next option for me. I know what I am asking is a matter of personal judgment, but I still need some insight into whether it is doable or should i just go for online learning, which i do not want to.
April 19, 2020 at 3:07 pm #568761I am in a similar enough situation. I did face to face classes for FM and after failing twice I used open tuition lectures for the third sitting and just passed it in March. Since the June exam is cancelled for me in wondering would I be able to manage to self study using open tuition for AFM in September rather than waiting for face to face classes to start again which would be for the December sitting. I think it would be no harm to give it a go for September if I fail I can try again in December and have the practice of the first exam.
I’m just afraid after taking 3 attempts to pass FM that AFM might be a harder one for me to self study and it might be very difficult. But with no classes starting up for a while I think the best option for me is to go straight into AFM while FM is still fresh in my mind and then I can go back to SBL etc after this.
Can any AFM students shed some light on this? How much harder is it than FM and is it doable in 4 months ?
May 14, 2020 at 1:44 pm #570821Hi,
I am sitting AFM and SBL in September, having passed APM in March. Hopefully SBR will be my last exam in December.
I have used Open Tuition for every exam since F1. I have passed every exam first time – admittedly scoring in the 50s for all the Applied Skills apart from FR where i got in the 60s. The only exam I went to college for was Tax where I did full weekend tuition and I actually found College less efficient than Open Tuition.
You should know if you don’t already that John was a lecturer at Kaplan for 20+years so you are getting with John the same as you would if you went to college except you can stop and start lectures when you please rather than sit in a classroom for hours and have to suffer whether your tired or for example there’s someone who keeps interrupting the tutor which can hamper your flow of learning.
As everybody says and which I admittedly will be doing for the first time in this exam, question practice is the key to passing these exams. If you have an exam kit and practice each question repeatedly then things will click into place.
You must realise that John is telling you exactly what you need to know – just because there doesn’t seem a lot of content in comparison, doesn’t mean there is any information missing.
Think of John as going through those huge study text books, picking out the essential parts and getting rid of the rubbish.You have to view this as learning to pass an exam, you don’t have to memorize all the content for your job and the real world, we’ll pick that up as we go. Think of this like your driving test, you only really learn once you’re in the car on your own.
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