People who work in the Financial world are arguably well-paid and held in high esteem. These are only two out of a dozen reasons why more students strive to connect their lives with finance. Studying finance and immersing yourself in finance books is fun and prestigious.
If you succeed in attaining financial qualifications, you may become a financial adviser, investment banker or could even one day become an angel investor.
Unlike other degrees, Accounting & Finance students are bombarded with subjects, tasks, and classes immediately after they begin their studies. And it is for a reason. With rapidly growing and changing economies, the need for Financial experts has spiked. So many government institutions and companies operating in the private sector seek competent experts. And what’s the best way to become the best of the best? Correct, to study finance.
Be that as it may, majoring in finance isn’t a piece of cake. While attending classes can be doable enough, a load of information is enormous and often impossible to deal with. So it isn’t surprising that multiple students look for finance assignment help. Such assistance comes in handy at all times.
However, one thing remains the most challenging. You may study diligently, depriving yourself of sleep to finish everything on time. But all the effort might go down the drain if you don’t pass an exam.
Don’t worry, though. Demonized as exams are portrayed, you can still pass them with flying colours. How so, you might ask. The following are four practical tips to get you ready for your exam and breeze it through.
Exercise multiple study techniques for accounting & finance
Exams vary by academic institutions and degrees. That is, if you are doing your Bachelor’s degree in Investment Banking, you are likely to have exams to prepare you for a future examination administered by the U.S. Financial Industry Regulatory Authority (FINRA for short). This exam type is designed for people who aspire to work within the Investment Banking area.
On the contrary, if you are majoring in, let’s say, Financial Accounting, you will have to pass the CPA exam, which typically comprises four modules, such as Regulation (REG), Financial Accounting and Reporting (FAR), Business Environment and Concepts (BEC), and Auditing and Attestation (AUD).
But that’s not the point. What is way more important is to use the right learning strategies. Regardless of your major and exam types, you need to apply effective study techniques. Using them, your chances of retaining information and acing the exam will skyrocket.
Indubitably, living in the digitized era, you can find multiple study approaches with just a few clicks. We, in turn, gladly share the one that has helped us pass exams, understand complicated concepts, and, above all, retain the most information on any subject. This will allow you to unload many concepts while writing a time financial assignment in a logical, understandable order at pace during exam conditions.
Pomodoro
This strategy can do miracles. The Pomodoro Technique is a top-notch learning method that focuses not only on completing large chunks of tasks. The method also concentrates on a person’s productivity and efficiency.
Studies have shown that our attention span lasts no longer than half an hour. And after every succeeding 30 minutes, it drops even lower. Without a proper approach, we are doomed to use a small fraction of our capabilities. The Pomodoro Technique was designed to maintain effectiveness at a high level. So, how does it work?
Typically, the method involves four working sessions lasting up to 30 minutes. During every session, you can’t do anything but study finance and economic sources. Every source of distraction must be eliminated.
After the first, second, and third approaches, there is a 10-minute break. You can use this pause to browse social media, have a chit-chat, or simply walk around.
After the fourth session, there is, however, a more extended break. It usually lasts half an hour or longer, depending on your working sessions. The great thing about this method is that it doesn’t require anything but a timer and the desire to learn.
Apply spaced repetition
Our brain tends to forget things that aren’t applied daily. And the odds are high you will remember stuff from a year ago if you haven’t used the information learned ever since that time.
This evidence-based learning technique makes you return to things you picked up some time ago and remind yourself of them, maintaining the psychological spacing effect and keeping such information at a close range in your memory. You can use flashcards like Quizlet or Anki to practice spaced repetition of econometrics terms & quotes.
Start ahead of time
There is no better way to get ready for an exam than start learning in advance. Feeling that you have enough time to go through the syllabus and learn the financial terminology will give you a good kick of motivation. Besides, you will be able to allocate enough time for thorny subjects and learn–and, above all, understand–them from the inside out.
Keep drilling
Practising is always a game-changer. You may learn dozens of formulas. But at the end of the day, they will be of no use without practice. Make your drills meaningful, i.e., break them down into different approaches that differ in topics and complexity levels. In accounting & finance degrees and similar topics, it would also help to cooperate with colleagues and work together, asking one another various questions interchangeably.