The CA Inter Financial Management (FM) contains 50 marks, of which 15 marks are for objective types of questions. FM helps students to understand different finance functions like financing decisions, Investment decisions and dividend decisions and also helps to develop an understanding of working capital management and its components. 

Strategic Management (SM) also contains 50 marks, in which 35 marks are for descriptive types of questions while 15 marks are for objective types of questions. With the help of SM, students get an understanding of strategic management concepts and techniques and acquire the ability to apply them in business situations.

ABC Analysis and weightage of marks

With the help of the below table, you can get an idea of how to prepare Financial Management and Strategic Management (FM SM).

Either focus on FM SM both Parts or One Part 

Students should definitely focus on both financial management and strategic management. They may seem like separate subjects, but they are interconnected and necessary for a deep understanding of business management.

Reasons why you should focus on both parts

Interdependence: Financial decisions impact strategic planning and strategic goals influence financial decisions. 

Other skills: FM provides the financial tools and analysis skills, whereas SM focuses on decision making and on the broader strategic vision.

How to get Exemption in CA Inter FM & SM

Understand the exam pattern and syllabus: It is essential to understand that FM is a practical subject that contains only numerical information while SM is a theoretical subject that has only theory based questions. And both the parts contain an equal number of marks.

Study ICAI study Material: ICAI Study material is aligned with the exam pattern, which helps you to prepare effectively for the CA Exams. Also, ICAI regularly updates its study material, so if you are studying with their material, then you will not face any issues during exam time.

Make notes while studying: Many students believe that making notes along with regular study is beneficial and it will be helpful for you at the time of revision during exams. 

Practice with Mock test papers: Make your own strategies as when to give mock test papers. Also, with the help of mock test papers, you can analyze your weak areas in which you have to work hard. 

It is advisable to give a mock test paper after completing each chapter so that you can analyze your preparation and then move to the next one. 

Do not skip the theory part: It is important not to forget the theory questions, as Strategic Management includes only theory questions, and this subject contains a wide range of marks. 

Practice MCQ questions: Multiple choice questions are very important as they cover a wide range of marks. If students prepare MCQ questions well, then they definitely crack the exam paper with good marks.

Regular revision: It is impossible to revise the entire syllabus a day before the exam because of the vast syllabus. So, it is advisable that you do revision after completing each chapter. So, if you have any doubt, it will be clear.  

Divide chapters: on the basis of ABC analysis, you can divide the chapters into three different categories.

• Category A: Start your preparation from Category A and clear all the topics that are covered under this Category.
• Category B: Before starting B category chapters, make sure that you have a deep understanding of Category A. Also, revise Category A chapters along with Category B preparation.
• Category C: At last, prepare Category C chapters, and after completing all three category chapters give mock test papers.

Conclusion: 

Clearing CA Inter FM SM is not tough if you follow the aforementioned preparation tips and do regular study as well as hard word. You can also make strategies from where to start preparation with the help of ABC analysis and Weightage of the marks.

Many students face problems not only in one subject, but they feel difficulty that how to start preparation and have no idea about the other subject ABC analysis and weightage of marks, so we also provide students weightage of Advance accounting, Cost and management accounting, corporate and other law, auditing and ethics to clear the CA Intermediate exam.

How do Bhagya Achievers help?

Bhagya Achievers provides different types of test series, like Chapter Wise test series, detailed test series, mentorship plans, and so on. 

In a chapter wise test series you will get No. of tests = No. of Chapters. If you have prepared 2 chapters then you can give a test of both chapters to check your preparation.

In the Mentorship plan, students who feel demotivated and have no idea from where to start preparation, how to make study plans, things not to do during exams and much more problems than in this plan they can freely talk with their mentor and get solutions to their problems.

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