Why people fail in US CMA Exam
Despite having a lot of experience, some people are unable to clear the US CMA exam.
Ever thought why?
Below are common reasons why people fail in US CMA Exam are:
1.Less time-As most people giving this exam are working professionals, they are not able to devote the required time to study.Time is an important factor.
2.Penny wise,pound foolish-A lot of professionals don’t invest in study materials, lectures, videos, books, question bank, mock test etc. They don’t realise that one extra exam attempt will cost them approx 25-30k as exam fee. Hence it is wise to invest in study material which will ensure you pass the exam.
3.Weak fundamentals-A lot of people do not have a strong financial acumen which is a must for this course. Hence due to a weak foundation ,they are unable to grasp advance concepts despite having required experience.
4. Not enough practice - Ability to solve questions within the time limit. You have an average of 100 secs to solve each question.
If you have to solve 100 MCQ questions at an average speed of 100 secs per question. Your working should be quick. Which comes through regular practice. Find details on US CMA Question Answer Pattern
5. Unplanned Work - We have often experienced sudden work priorities coming up - new software implementation, increase in workload due to team member leaving the organization etc. These work priorities disturb the planned schedule. Hence we often recommend devoting maximum time at the beginning stage of the preparation. Avoid leaving too much studies just before the exam.
It's quite common to find learners often complaining that the questions were easy but were unable to complete the questions on time.
If you can take care of above, this should help you pass US CMA exam in first attempt.
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