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When you want to pass an exam
The final two chapters in this section focus on two “yeses” all of us want at some point:
Before I started doing what I do now, I used to teach accountants how to pass their professional exams (bit of a career change, I know). And these exams aren’t easy. Many students, who’d sailed through exams all their lives, suddenly came unstuck with these, despite working harder than ever before.
I found that they almost always had enough knowledge to pass. But they didn’t know how to maximize their marks given the knowledge they had.
I wanted to make it easier for them, so I spent years working out the best way to maximize marks. And it worked very well: I taught national prize winners; and my pass rates were much higher than national averages.
Here’s what I found to be the best way to approach exams (I’m assuming here that they’re written exams, not multi-choice ones).
Many students believe markers think of them as individuals. They don’t.
I used to mark for one of the accountancy exams. It was hard work. I had 400 identical papers to mark, to a very high standard, with a very tight timeline, during the Christmas vacation.
I never once thought “I hope this particular person passes more than I wanted the others to.” I just rigorously, fairly, dispassionately applied the marking guide to what was in front of me.
Given this, you have to help the marker give you as many marks as possible, by doing such things as:
The requirement shows what the examiner wants. Nothing else does. Therefore, read it first, before all the paragraphs of information they give. There are lots of benefits in doing this:
A lot of students struggle with this, saying “but I want to read top to bottom, not bottom first.”
I found the best way to persuade them was by setting a 10 Minute Power Test. I gave them five pages packed with detailed statistics, complex charts, lengthy paragraphs and unfathomable phrases, and 10 minutes to answer the question.
The room would go quiet for a few minutes, as they worked through this complicated mass of tedium. I swear I could sometimes feel their hatred building toward me.
And then someone would laugh, and say “oh this is easy”. They’d seen the requirement at the bottom of Page 5 said “Write your name (100 marks)”.
The dispassionate marker doesn’t care what you find easy or hard. If you write something that’s on the marking scheme, you’ll get the marks. Therefore, always do the easy questions first. For example, imagine a question with this requirement:
Requirement
Here, you would do part (c) without even reading the detailed paragraphs. Do this well, you might score the 50% you need to pass this entire question.
This approach means that you pick up most marks per minute at the beginning:
Another common examiner complaint is that people don’t answer all the questions asked. In the above example, where I suggested doing part (c) first, this actually had two elements to it:
It would be very easy to not see “And why”, and throw away half the marks.
Exams often ask you to comment on something. These questions can be tricky to answer well, so I devised this approach that my students said helped them pick up lots of marks very quickly:
So, in answer to “Why is marketing important to a business?”, the answer might start like this:
‘Marketing” is all the activities a company undertakes to trigger interest in its products and services. Examples include:
Marketing is essential in that it entices existing and potential customers to want to know more. This starts/continues the process of convincing them to buy.
But marketing has its problems. It can be very expensive. The return is often not immediate, or measurable.
And, because it can be hard to measure, it can be virtually impossible to know which methods are working. This might mean companies continue to invest in loss-making activities.
Marketing is also important to a business because of its impact on different types of people. For instance . . .
See how this approach helps you score marks quickly? This is because you now have black and white steps to answering gray, hard-to-start questions.
One of the most common reasons people failed accountancy exams was because they got their timing wrong. Note that 20% of the marks should take 20% of the time. Put another way: if you spend 90% of your time on 5% of the marks, you won’t have enough time left to get sufficient marks to pass.
Imagine that someone stopped doing their question on time, but you didn’t. Look at the disastrous shaded area below . . .
Three quick tips about preparing: