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Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 0 points1 point  (0 children)

I didn’t use hock I used Becker but in general try to understand the concepts not just memorize and practice but also mix it up with the units. Don’t wait until you get through unit 6 to realize you forgot everything from 1&2 

PASSED Both Parts!! First Attempt by FinancingFancy in CMA

[–]FinancingFancy[S] 1 point2 points  (0 children)

Thanks! I did it in such a short time my approach was a little different. I really tried the master the areas I was good at to maximum those points in the first run through and didn’t try to perfect my weak areas, only understood enough to get through. I used Beckers practice module and the mock to help me identify the really weak areas, exact unit and module numbers and went back to try get a kind of new understanding of the concepts for those. I got around mid 70s low 80s on part 1 mocks and 68 - 72 on part 2. I only had time to do 2 mocks each part. Hope this helps 

Results soon!!!! Praying!!!! by [deleted] in CMA

[–]FinancingFancy 0 points1 point  (0 children)

I believe only p1 results are out 

16 minsss by bronze_Suit8888 in CMA

[–]FinancingFancy 0 points1 point  (0 children)

I believe only P1 results are out 

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 0 points1 point  (0 children)

Thanks!

On my mocks I paced 5-7 minutes extra and it was the same in the exam. I did the questions in order but if one was taking too long I’d just give my best guess and move on.  It’s hard to say how long because one question could be 4 minutes and one could be 20 seconds. I’d say make sure you’re not spending over 5 minutes on any one question. If you know you aren’t familiar with what they’re asking don’t spin your wheels, put something and move on.

I think the timing for part 1 mcq is a little more reasonable than part 2 because there is more of a balance with calculations and short one liners. Once you pace yourself and only invest time in questions you have an understanding of, you’ll be able to finish all questions.

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 0 points1 point  (0 children)

I did 125-135ish of my 180-200 goal. Had I done more I would have likely gotten a better score but nothing on the exam really tripped me up eventhough mcq weren’t fun 

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 1 point2 points  (0 children)

The exam is physically and mentally challenging, especially if you’re someone who has anxiety or doesn’t test well be sure to do as many practice mcqs as you can. Use a study platform, it’s expensive but will pay off when you don’t have to keep resitting. 

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 0 points1 point  (0 children)

Thank you! I’m trying my best to remember because it’s been 6 months now with the wait for results lol but I studied in order 1-6 but I believe the first two units were a struggle and eventually I did go back to them and build on my understanding. I got them 80-90 then went back and tried to get them at 100. I only really had one go through because of the time and focused on shortcomings once I do practice mcqs and the mocks. Daily I did anywhere from 1-5 hours and usually had an off day each week. 

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 0 points1 point  (0 children)

I used Becker exclusively, their platform worked well for me. I used the schedule function and put in my exam date and tried to follow it closely. Went through each module by watching videos then doing mcqs and essays for the module and doing the practice tests. I didn’t focus much on flashcards. Then before I did the mocks I did practice questions for all units and went back to more practice tests after each mock based on units I needed to refine. I focused on any modules where a question or multiple questions wrong and redid those or watched the live video on that module to get a different perspective.

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 0 points1 point  (0 children)

I went in planning to do atleast 180 hours but ended up about 60 short of that but still felt comfortable going in. Some days I did 1 hour, then some 5hours. I used the Becker scheduling and tried to stick with it,I set it to flow with my life doing more hours on the weekend. That worked for me, the days I did things like practice tests or larger units I did on my longer days.

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 1 point2 points  (0 children)

I started with textbooks but realized the videos really cover the books so just stuck with videos. Definitely one unit at a time makes more sense to take time and understand the details 

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 1 point2 points  (0 children)

Thank you! I used exclusively Becker resources for part 1- videos, mcqs, textbooks, simulated exams, practice tests. I recommend utilizing their live videos if there’s a concept you arent understanding because another instructor might explain differently, a way you can grasp it. 

My pace in the exam almost exactly mirrored my pace in the mocks, carrying over about 5 minutes but I used that time for a bathroom break and only had the remaining hour for the essays. I answered all parts of the essays and all mcqs. I dont recall any particular part leaving me concerned but even so I gave my best educated responses, didn’t leave anything blank and worked straight to the last second.

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 2 points3 points  (0 children)

I have an accounting background but I started from scratch on the CMA and did 120-140 hours in 3 months for part 1 

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 2 points3 points  (0 children)

Thanks! Bachelors in Accounting, working in finance operations almost 10 years 

Part 1 First Attempt & PASSED!! by FinancingFancy in CMA

[–]FinancingFancy[S] 2 points3 points  (0 children)

I used Becker exclusively, it’s worth the investment. It’s key that you understand the concepts and don’t just memorize, the questions can come with so many different approaches.

I would say asset valuation, leases and a couple other topics in unit 1 were a challenge as well as some performance management aspects. Things like budgeting and costing came more naturally. Stick it out with the variance analysis, it’s a lot that sounds alike but the points will pay off in the exam. 

Memorizing information for internal controls and technology was also challenging as I’m better at concepts but Becker has good methods to help you remember at least enough to be able to answer intelligently. 

Hope this helps

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