AN OVERVIEW:
ACCA students around the world are always concerned about the complexity of each ACCA course, looking for tips and tricks to effective learning. This qualification is known to be one of the most complex and competent qualifications in the finance and accounting sector. Hence, students are extra cautious about the ACCA syllabus. Other than that, the qualification of ACCA is very structured, especially in the matter of syllabus. ACCA syllabus is diverse, unique, and ever-evolving, these factors of this structured qualification and syllabus demand ACCA students to follow a structured schedule as well. To explore various tips to study smart read the blog ahead.
HOW TO STUDY SMART?
ACCA Students are advised to stay consistent with their studies, each ACCA course is a mix of academic knowledge and technical skills which demands consistency and hard work to generate productive outcomes. There are various techniques ACCA students can follow to increase their productivity, some of which are as follows:
STRUCTURED STUDY PLAN:
As the ACCA syllabus is very diverse covering various areas of accounting, to cover all the areas efficiently ACCA students need to plan and organize their study schedule for each ACCA course. Students should set realistic goals; by breaking the syllabus of each ACCA course into small manageable parts or chunks. Then set a target of achieving these goals one at a time, this will help them cover all syllabus without missing out on any topic. Other than that, as the qualification itself is very structured, therefore, students are also advised to follow a structured timetable. They should create a study timetable and allocate specific time to each course or topic depending on the complexity of that subject.
Students are also advised to do their research and prioritize topics with high weightage or the topics they find are struggling with. It’s not important to allocate the same amount of energy and time to each ACCA course, rather they can first analyze all these factors and then set a study schedule.
USE ACTIVE LEARNING TECHNIQUES:
ACCA students should use active learning techniques while preparing themselves for ACCA exams. This technique includes repetitive practice from past papers, active recalling of learned topics, and spaced repetition. Practicing from past papers is quite effective as it allows students to understand the exam format and improves critical thinking and problem-solving skills. Whereas, actively recalling topics enables students to self-analyze their academic standing, repetitive self-testing results in strong memory and strengthens long-term retention.
MAKE USE OF ACCA RESOURCES:
ACCA students are lucky to have numerous ACCA resources for preparation, smart use of these resources can lead aspirants towards success. Students should choose a reliable ACCA resource, and then invest in study material and revision kits for each ACCA course. Students can also go for online tutorials, webinars, and lectures to improve their understanding of each topic.
Also, it is advised for students to take mock exams for better exam practice, this will help them increase their writing pace, critical thinking, and better time management during exams. There are online learning providers of ACCA, providing their services globally, an example of which is Mirchwala’s hub of accountancy. They are ACCA-approved online learning providers, they offer online lectures, pre-recorded videos, mock exams, study material, and personalized tutor guidance.
Website: https://mirchawala.com/admissions/
STAY CONSISTENT AND MANAGE TIME:
Staying consistent with studies is a key to success for ACCA students, the qualification is structured in a way that doesn’t support cramming the night before an exam. To ace in these exams you need to stay consistent with your daily revisions and learnings. Use the time-blocking technique; dividing your study time into blocks followed by a short break to avoid overburdening yourself. While studying your focus should be on studies only, try minimizing any kind of distractions to ensure productivity.
USE PRODUCTIVITY TECHNIQUES:
To increase productivity level ACCA students may use productivity techniques like the Pomodoro technique, task prioritization, and mind mapping. Pomodoro technique is a technique in which you divide your time followed by intervals For eg: studying for 1 hour followed by 15 minutes break. This will enable you to maximize your productivity and avoid mental stress.
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Aspirants can use the Eisenhower Matrix or ‘urgent vs. Important’, this helps students to concentrate on important areas first. Make a to-do list and follow it strictly while studying to make sure you ain’t missing something important.
TAKE CARE OF YOUR WELL-BEING:
ACCA Students tend to overburden themselves without realizing their mental and physical well-being is as important to maximize their productivity. Do not compromise your health, get enough rest and sleep, exercise daily to relax your mind, and follow a healthy diet. It is important to take small breaks and appreciate yourself with treats when you achieve small milestones. These practices keep you motivated and ensure your mental and physical well-being.
REVIEW AND REFLECT:
ACCA students should review their progress in each ACCA course at the end of every week, this is important to keep track of your progress and assess the areas where you are lacking. So that you can alter your study routine in a way that is more effective for you. You can also seek feedback from your peers and tutors on your progress to identify gaps from their perspectives too. This will help you in analyzing gaps that you might have overlooked.
CONCLUSION:
ACCA students can study smart and maximize their productivity by following certain tips such as staying consistent with their revision, following a structured study plan, using active learning methods, using reliable study materials, practicing by taking mock exams, incorporating productivity techniques in their studies, prioritizing their mental and physical well-being, and reviewing their academic progress. By following these steps ACCA students can easily ensure productive outcomes globally.
FREQUENTLY ASKED QUESTIONS:
Q1: How many hours a week should I study for ACCA?
Answer: ACCA students should study at least 15-20 hours a week for each ACCA course. The total time depends on how many courses you are preparing for.
Q2: Should I take all ACCA exams in one sitting?
Answer: No, this practice is not advisable, students should take a maximum of 2-4 exams in one sitting.
