5 Ways To Prepare For A CMA Exam
Professional exams are always challenging. These assessments bring you one step closer to building a successful career, but they can be daunting to pass. No matter what profession you occupy, any certifying qualification requires dedication and commitment, so you must learn how to emerge victorious.
Your CMA exams are no different. These make you a highly seasoned accounting expert and if you want a well-established career in that niche, passing them is a must. The CMA exam is in two parts. The first covers financial planning, while the second explores strategic financial management. Passing both is imperative. But the question arises, how do you achieve this feat? Here’s what you need to know:
- Join an online learning resource
You don’t have to stress over your books alone. The internet is a hub for many tools, including connecting you to online preparation courses that can make your workload more manageable. These segmented lesson plans cover all the essentials you need to help you prepare for your test. So instead of learning in isolation, you have an expert to guide you thoroughly to each lesson and help you get the rudimentary idea that goes into each topic.
If you’re curious to find a relevant learning resource try Wiley CMA and enroll yourself immediately. Structured learning is far better when you have seasoned experts working with you. These resources also have guides and learning techniques you can utilize. The experts on this platform also have substantial experience working with numerous students. So, if you’re facing roadblocks or feel you can’t handle the exam strain, voice your fears and let them help you.
- Make a realistic schedule
Cramming the night before the exam or staying up and studying late will not help you prepare for your CMA exams. You must prepare for many concepts, and spacing them out will help you pace yourself better. Think about how much time you can dedicate to each topic before you need a break. Your plan also needs to include time for yourself. You cannot simply study with no rest or gaps in between. This will only stress you out further and make you mess up the progress you’ve made so far.
If you have a job, you must consider going to work and coming home to study. To address all the areas of your life before penning down a timetable. Ideally, sitting seven hours straight may be enough to help you get a jump start on your preparation, but realistically it’s a bad idea to subject yourself to that kind of preparation method.
- Think about the part you are most ready for
Since you will attempt your exam in two parts, knowing where you stand in your preparation is essential. If you’re confident about part one, which will test your concepts in financial planning, you should push those books aside and build your skills in financial strategies. This reduces the workload and makes it easier for you to focus on the paper you can give first instead of pressurizing yourself to appear for both.
If you feel both parts need addressing, shift your test date and choose to appear in them when you feel most ready. You may even ask a friend to help you out and conduct a peer review session instead of choosing to study and failing to balance your exam topics.
- Create a productive environment
Your environment controls how you will perform. You’ll feel motivated to learn and study if you’re in a productive environment. But if you’re distracted and unable to focus on one subject at a time, this will only end up wasting your time. Everyone learns differently. Finding your study method is essential. Perhaps you like white noise in the background, then choose to sit in a place where minimal sounds you can hear but don’t distract you from learning. If you’re a visual learner, you’ll have to take time to create your visual aid. Since finding flashcards for professional exams requires browsing the internet, and unless you have time, it hinders your learning.
You should also create a safe spot for yourself in your house. Try discouraging your family from frequenting this area since you need it to concentrate. If you find it troubling at home, move to a library and read all the material you need to prepare for there. Creating a working environment for yourself is tedious, but it is necessary. You have to focus, or it can get complicated to keep up with the topics you have to cover. It would help if you also had the right headspace to practice questions and evaluate how well you can perform. These allow you when you appear for your exam.
- Keep yourself healthy
One of the reasons why most students fail to do well is because of the fatigue they carry. Studying all year can result in burnout, and when students have no outlet, they end up crashing while appearing in their exams. You cannot let that happen. You must have mental health checkpoints as you go. Anytime you feel worried or scared, take a break and talk to a reliable counselor or a psychiatrist. If you feel overwhelmed, it is a sign you need to stop.
Similarly, you can’t discount a good night’s sleep. Try to get at least eight hours of shut-eye; if that’s not possible, aim for six. Have coping mechanisms along the way, making it easier to keep up with your load. These measures are also a part of studying, so make sure you don’t subside assuming mental health and passing don’t go hand in hand.
Conclusion
CMA is a professional management accounting exam. To prepare for them, you must be ready for the workload you will have to deal with. Therefore, turn to online resources to help establish a framework that guides you about what’s coming. Along with using an online course, you also need a schedule that enables you to keep up with your interests and isn’t burdensome to follow. It would help if you knew what part of your exam you were most prepared for. This can help you get over that session quickly instead of prolonging the process. You may also create a suitable environment for yourself that helps you stay productive. Finally, make sure you’re doing mentally well and if you need help, check in with a counselor from time to time. Your studying habits should not intervene with your well-being.
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