When to Start Your AFM Classes for May 2025 Exams?
An important subject for CA final is AFM or Advanced Financial Management. The subject helps the CA student to understand strategic thinking. It is a scoring subject and a CA student can aim to get an exemption in the subject.
Best Time to Begin AFM Classes
Early Start
An early start learning of CA Final AFM always ensures that the CA student gets a thorough understanding of the subject. It is beneficial to start the preparation early. An early preparation also ensures that the CA student gets enough time to revisit the important concepts and revise the entire syllabus.
Starting Midway
If the CA student decides to start the preparation of this subject mid way then the CA student should focus on allocating proper timing for preparation. As the CA student is also required to undergo articleship training before appearing in the CA Final examination, the student will be required to allocate proper study time for this subject. A CA student is required to maintain the right balance and ensure proper focus towards articleship training and exam preparation.
Last-Minute Prep
AFM is a vast subject with 15 chapters. All the concepts and theories are essential for a CA student to be a successful professional. Hence, it is recommended that the CA student starts with the preparation well within time.
Online Lectures of AFM
Essential Factors to Consider Before Start
AFM Exam Weightage
Whenever a CA student starts to study a subject, it is important that the CA student analyze the chapter wise weightage. An understanding of chapter wise weightage will help the CA student to make a better study plan ensuring maximum benefit to the CA student.
Aligning AFM Preparation in Study Plan
It is recommended that the CA student should take up two subjects simultaneously, one practical and one theory. AFM is a scoring subject and if prepared well a CA student can easily score marks above 90 in the subject.
Right Faculty and Practice Material
A CA student should ensure that she/ he chooses the right faculty to study from. An experienced faculty shares the critical aspects of the subject making it easier for the CA student to score good marks.
Adaptation of Study Plan Based on Start Time
A study plan should be made keeping in mind the time available with the CA student. A study plan should be specific to the needs of the CA student. The time allocation for each subject will depend on the time available with the CA student for CA final exam preparation.
FAQs
Should I start AFM classes immediately after my CA Inter results?
AFM is a practical and scoring subject. A CA student can aim to score maximum marks in the subject. At IGP Institute, Ashish Kalra sir teaches AFM. As per the past trend, most of his students have scored more than 90 marks in AFM.
Can starting AFM classes too early lead to burnout before the exam?
AFM is a practical subject and there are usually no amendments in this subject before the examination. Thus preparing for this subject early will help the student and give the student an early and confident start.
Is it better to start AFM classes after finishing other CA Final subjects?
AFM is a practical subject and it is recommended that the CA student start preparing for this subject in the first phase of preparation. As this subject is not directly interlinked with any law, the chances of amendments are very minimal which helps the CA student to completely prepare for this subject in the first phase only.
What if I start AFM classes late – can I still manage to score well?
A CA student can aim to score exemption in AFM, hence, it is recommended that the CA student start preparing this subject well within time.
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