HOW TO PREPARE FOR FINANCIAL SERVICES & CAPITAL MARKETS


                      Preparation strategy for CA Final

PAPER 6B- Financial Services & Capital Markets

Introduction-

Paper 6B in CA Final is Financial Services & Capital Markets, one of the electives/optional subjects for you to choose from a plethora of others. If you have prepared well during your IPCC course in the paper of Financial Management, your foundation is strong for you to score well in this elective.

1}. How to study CA Final FSCM

·         Cracking an open book examination requires clever preparation, and given below are some tips to help you:

·         Understanding current business affairs is extremely important and could give you an edge over your competitors in terms of scoring

·         In a case study format–the problem statements could be real-world live examples of business scenarios.

·         In such a situation, knowing where to look is as important as knowing what to look for Go through and practice the existing case studies published on ICAI website. Videos to decode the case studies and understand important areas of FSCM can be found here.

·         Make notes while learning each chapter, specifically decoding difficult areas. Indexing the material available and categorizing them into groups will help you locate content accurately and speedily.

2}.How to score well in Financial Services and Capital Markets

·         Attempt MCQs first and attempt all as there is no negative marking

·         As much as possible, in the theory-based answers, include real-world live examples to demonstrate your depth of understanding. This will create a good impression on the examiner

·         SEBI regulations need to be understood thoroughly since many MCQs and case studies will be designed to test your understanding of the application of regulations in various scenarios

·         Presentation is of great importance, especially in answers where you are required to present your argument. Structuring your answers into sections with headlines and highlighting important parts of the answer will make reading easy and you can grab the attention of the examiner towards your points that you are most confident about

3}.Here’s a step-by-step procedure to attempt the questions:

 

Step 1: Read and understand the case study properly and make a note of the topics and subtopics that it refers to

Step 2: Pay attention to the problem statement and figure out the bottlenecks

Step 3: Refer to the relevant topic and subtopics from your study material and books for anything including laws, sections, etc that you would need while solving the case study. Underline them for quick reference

Step 4: Answer multiple choice questions first

Step 5: Answer the other questions while maintaining your originality

4}. Online Resources to prepare for Paper 6D Economic law of CA Final.

 

Study Material by ICAI                                                         CLICK HERE

Case study 1
Question                                                                                              CLICK HERE
Answer                                                                                                CLICK HERE

Case study 2

Question                                                                                              CLICK HERE
Answer                                                                                                CLICK HERE

Case study 3

Question                                                                                              CLICK HERE
Answer                                                                                                CLICK HERE

Mock test papers                                                                                
Question                                                                                              CLICK HERE
Answer                                                                                                CLICK HERE

 

5}.Since this is a huge market, you will have access to multiple manuals, books, and textbooks:

 

·         Don’t get confused taking multiple books and end up getting overwhelmed.

·         Choose a material at the beginning depending on your comfort and stick to it.

·         ICAI study manuals are available for revision

·         Mock test papers, revision test papers, and case studies are uploaded on the ICAI website.

·         It is advisable that aspirants take the test paper completely, mimicking the actual exam scenario to understand which sections consume maximum time and alter their attempts accordingly.

Hope you can find this Blog helpful. If you did like this Blog then Share it with your friends who are doing CA Final studies or who will be giving their CA Final Exams in the near future.  

All the Best…!!!

 

WWW.EMPIRESACADEMY.IN

Call/Whatsapp:- +91- 8307100512,7814528240

 

Comments

Post a Comment

Popular posts from this blog

Facing Your Fear and Moving Forward

Image
Every student has to face the problem and failure in their life. Failures and problems are only a temporary setback on a bigger, more significant course. How big the failure or problem is doesn’t matter but the matter is how you react to and learn from that failure. Some things that every student should learn from their life. ALWAYS WORK ON YOUR DREAMS    It is good to dream, but until the hard work is done to achieve it, dreams are useless. If you want to fulfill your dream you will have to work hard.  Just because life doesn’t seem fair, it doesn’t mean you quit. If, you have the dream of becoming a CA then worked on it. LEARN FROM YOUR MISTAKES We always make many mistakes in our life. But the most important thing is that what you have learned from it. you can Reframe your mistake as an opportunity to learn and develop and try to never repeat that same mistake. KEEP YOUR INTEREST AND MOTIVATED Interests play an important role ...
Read more

How to Prepare for CA Foundation Exam 2019 - Some Tips That Will Ensure The Success Is Yours!

Candidates usually get stuck at the point when they hardly have a month left for preparation. They impatiently look for the tips that can get them best of the results. Guys! There is no tip in the world that can replace hard work. You can only concise your syllabus. Break it down to studying only the most important topics and practicing them more. But it would be best if you start preparing at least 6 months before any exam. Still, if you don’t have much time left, you can divide you CA Foundation subjects using the following points. Time to devote for each subject when only 1 month is left:- §   Business Mathematics and Logical Reasoning & Statistics : 10 days §   Business Laws and Business Correspondence and Reporting : 6–7 days §   Business Economics and Business and Commercial Knowledge : not more than 6 days §   Principles and Practice of Accounting : 6–7 days The weightage that each topic carries should enable you to identify the detail ...
Read more

How to motivate yourself when study plan doesn't work.

Image
  How did you motivate yourself during your CA study leave when you have bad days and your study plan doesn't work out? Take a pause for a moment and just stop all your negative thoughts in your mind. And think and think deeply that what is the thing that you want the most. Ask yourself these questions Will this time ever come again if it is lost? If just thinking all the day and not doing anything gives you desired results? Then you will definitely get the answer from you mind. All these days which you are thinking as bad days is the opportunity that will never come again. If the plan you made doesn't work then it is upto you how you will make this plan working. Nobody will motivate you for longer time, it is the fire inside you that will motivate you everyday for your goal. If you don't feel the fire inside you then you need to find a reason that why you want that thing it will work as a fuel to the fire. You know that if this time goes then you will regret it later very ...
Read more