- This topic has 7 replies, 7 voices, and was last updated 8 years, 11 months ago by .
-
Topic
-
I just took FAR and I only used NINJA to study for the exam. I followed the NINJA method and figured a few things out.
1 I read the book and took notes. In retrospect I realize I failed to nail the concepts. It is one thing to grasp the idea of the concept and another to have a deep internal understanding of them. This is key.
2 I did well over 2700 MCQ’s I just hit the MCQ button and did sets of 20 questions. I averaged about 120 per day. After about 2 or 3 weeks I realized I was making slow progress. I did get to expand my general knowledge base during this time but did not fully grasp the concepts. When I was about 15 days out I started selecting the questions not seen option and got through the remainder of the questions I had not seen. When I was 7 days out I realized I knew a little bit about every topic but not enough about them all. I took a look at the detailed reports and started attacking the sections I had the lowest average score in and continued this process until I took the exam.
3 I re-wrote my notes into a more cohesive “studyable” format but this is where I asked the question, Do my notes contain what I need to remember how to answer any question in a particular category? The answer is simple I realized my notes need to connect me with what should have been a complete understanding of a topic.
I did not see anything on the exam that I was not familiar with but (as expected) I was not overconfident in my ability to get the right answers. I also ran out of time and did not answer the last question on the SIMs.
If I have to take this again…
I will not read the book. Instead I will just begin with the MCQ’s from the top down (by section) and prepare my notes while going through the questions. I feel this will put the information in context and help me grasp the material at a deeper level. I will also take a few moments to relate the question to what financial statement/s it will end up on and the JE’s that would be necessary to get there. I will only use the questions not seen option during this initial note taking phase.
After I have a complete set of notes to review I will go back and take the (rest of the) MCQ’s (all sections) by using the missed questions option with the idea being that I get a little exposure to everything and run with this till I hit the review phase. At this point I should know exactly what I need to focus on.
Finally I will improve on my notes and try to master concepts to where it takes me less time to figure things out. At this point I will incorporate SIMs into the study process to get familiar with presenting JE’s….
If I passed then great but if I did not I feel like I have a way to quickly gain a deeper understanding of the concepts.
- You must be logged in to reply to this topic.