How to Prepare Effectively for the Inter May 2020 Exams for Both Groups
With the Inter May 2020 exams approaching, it's important to set a clear preparation plan to ensure success. Currently, you have successfully completed 70% of the syllabus for Group 1, which is a strong start. Here are some structured steps to help you prepare effectively for both Group 1 and Group 2.
Structured Preparation Plan
Given that May 23 is still some time away, you have sufficient time to complete your preparation. The key to success is a well-organized study plan. Here are the detailed steps you can follow:
Step 1: Complete Group 1
By mid-December, focus on completing Group 1. This will ensure you have ample time to revise and prepare Group 2. You can aim to complete Group 1 by early March and dedicate almost one month to revision, including writing mock test papers and participating in RTPs (Problem Solving Tests).
Step 2: Revise Group 1 and Prepare Group 2
Revise Group 1 thoroughly until mid-January, and then start with Group 2. Set a target to complete Group 2 by the end of March. Remember, the entire month of April should be devoted to revision to ensure you are well-prepared for the exams.
Step 3: Simulation Through Mock Exams
Writing mock exams is crucial. Aim to write as many mock exams as possible to understand your strengths and areas needing improvement. Schedule exams every alternate day to maintain a consistent practice routine. While focusing on Group 2, it's also beneficial to take Group 1 mock exams in between. This helps you stay updated with both groups.
Effective Study Tips
To ensure success, here are some essential tips to follow:
1. Read and Practice Everything Broadly
Avoid selective study. The Institute of Chartered Accountants of India (ICAI) may ask questions from anywhere in the syllabus, so it's important to cover the entire syllabus. Reading and practicing everything ensures that you are fully prepared for any possibility.
2. Understand Your Proficiency Levels
Plan your studies based on your proficiency levels for each subject, the degree of difficulty, the quantum of theory and practicals, and your comfort with these. Also, consider the amount of time you can spare for studies and the subjects for which you take classes. Identify your peak study time and ensure that you utilize it effectively.
3. Utilize Technology for Better Planning
To streamline your preparation, consider downloading the MarksMate study planning app for CA/CS students. This app maps the entire syllabus and generates a daily study plan subject and topic-wise. The app is free to try for 3 days. Additionally, you can read detailed answers and strategies on platforms like Quora for effective time management.
Conclusion
In conclusion, the key to preparing for the Inter May 2020 exams for CA IPCC is a structured and consistent study plan. By following the steps outlined above and utilizing resources like the MarksMate app, you can ensure you are fully prepared for both Group 1 and Group 2.
Further Reading
If you need more detailed advice on time management, you can click on the following link to read Jacob Bobby's answer on Quora: Proper Time Management for CA IPCC.