Study for ACCA While Working Full Time. Tips from students
Finding Motivation to Study for ACCA While Working Full Time
Preparing for the ACCA exams is challenging, especially when balancing a full-time job. Many students need help finding motivation and maintaining focus. This blog will explore tips and strategies shared by fellow ACCA students who have successfully managed their studies alongside demanding work schedules.
Understanding the Struggle
Working full-time and preparing for the Strategic Business Reporting (SBR) exam, or any ACCA paper, can be overwhelming. It is not uncommon to feel demotivated or unable to concentrate. Here are some practical tips from experienced ACCA candidates to help you stay on track:
Tips to Stay Motivated for ACCA exams
Take Regular Breaks
Divya shares a relatable approach: "I cleared ACCA working full time, too. Sometimes, I would keep the book before me and do whatever. I study for 10 minutes now and then when I feel like it. For every half hour of study, I take a 20-minute break. I am still able to get through; you can, too."
Key Takeaway: Do not push yourself too hard. Regular study sessions with breaks can help you stay refreshed and focused.
Slow and Steady Progress
Balaji mentions: "I sit at my desk all day pretending to work but slowly chugging along at the book."
Key Takeaway: Even slow progress is progress. Dedicate some time each day to move forward with your studies, even if it is just a little.
Find Personal Motivation
Calvin shares a heartfelt story: "I work full time, have a 12-year-old son, and a pregnant wife. My dad passed away last September... Studying feels like my last priority at the moment. However, I always sit an exam every three months. If I pass SBL, SBR will be my last exam. Just keep pushing on and keep chipping away."
Key Takeaway: Find your motivation and use it to drive you. Whether it is for career advancement, personal fulfilment, or family, keeping your end goal in mind can help you push through tough times.
Set Short-Term Goals and Rewards
Muge offers a fun approach: "I give myself little treats if I finish a study section. For example, if I complete a section of a past paper and mark it tonight, I will let myself order a milkshake from the local dessert store."
Key Takeaway: Reward yourself for meeting short-term goals. This can make the study process more enjoyable and provide an extra boost of motivation.
Establish a Routine
Brian suggests: "Allocate a strict amount of time to study as a non-negotiable and stick to it. For instance, 8-9 p.m., no matter what, I must sit in front of my book or laptop and learn. Even though it is short, doing this consistently is better than binging at the last minute."
Key Takeaway: Creating a consistent study routine helps build discipline and makes studying a regular part of your daily schedule.
Draw Inspiration from Others
Abhishek shares a motivational tip: "Never think of the next sitting. Every time I study, I convince myself, 'If I do not pass, I am quitting ACCA.' Having an ultimatum helps."
Key Takeaway: Sometimes, setting high stakes for yourself can push you to put in the necessary effort. Find what mental strategies work best for you to stay committed.
Use Supportive Resources
Pia highlights the importance of good resources: "The trick with SBR is to understand how to apply the standards and not memorize them by the letter. BPP ACCA books make a big difference.
Key Takeaway: Use available resources to simplify complex material. Sometimes, a concise summary can be more effective than extensive notes.
Connect with Study Partners
Sakshi says, "Well, I am giving in June, too. Would you like to combine your studies?"
Key Takeaway: Studying with a partner or group can provide mutual motivation, make studying more interactive, and help you stay accountable.
Conclusion
Balancing full-time work and ACCA studies is challenging but possible. By taking regular breaks, making steady progress, finding personal motivation, setting goals and rewards, establishing a routine, drawing inspiration from others, using supportive resources, and connecting with study partners, you can find the motivation to keep moving forward.
Remember, the journey may be challenging, but the reward is worthwhile. Stay persistent, and you will achieve your ACCA qualification.
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FAQs
There are several ways to prepare for the ACCA exams, including studying the exam syllabus and practicing past exam questions. You can also attend review courses or hire a tutor to help you prepare. It's also a good idea to create a study schedule and stick to it, and to take breaks and pace yourself during your studies.
If you fail an ACCA exam, you will need to re-register and pay the exam fees again. You may also want to consider reviewing the exam syllabus and studying more before attempting the exam again. It's also a good idea to talk to your tutor or mentor for guidance and to get feedback on where you may have gone wrong.
There is no limit to the number of times you can attempt the ACCA exams, but you will need to pay the exam fees each time you register. It's a good idea to carefully review the exam syllabus and consider seeking additional help if you are struggling to pass the exams after multiple attempts.
ACCA Exams are held four times a year for skill level and strategic level exams. These are held every quarter
March, June, September and December
The CA (Chartered Accountant) qualification is offered by the Institute of Chartered Accountants of India (ICAI). The ACCA qualification is offered by the Association of Chartered Certified Accountants (ACCA).
The CA qualification has been in existence for over 150 years, and is a globally recognised qualification. The ACCA qualification has been in existence for over 100 years, and is also a globally recognised qualification.
The CA qualification is available in India only, while the ACCA qualification is available in over 180 countries.
The ACCA subjects are assessed on a 100-point scale. The pass mark is 50 points. A score of 60 or more is required to achieve the grades of distinction, credit, and merit.
Yes. Passing all exams with a high percentage is an excellent accomplishment and demonstrates that you have a high level of understanding of the material. Employers will see this as evidence of your competence and be likely to consider you for a position if you are looking for work in the accounting field.
The hardest ACCA paper is the F5 performance management paper. This is because it requires a detailed knowledge of financial accounting and management accounting in order to pass.
Other papers that are difficult include the F7 financial reporting paper and the P2 advanced auditing and assurance paper. However, all of the ACCA papers are challenging, so it is important to thoroughly prepare for each one before sitting the exam.
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