Hello! I thought it would be a good idea to compile my thoughts and knowledge on BA2 and BA3 as I would've loved to have seen a post like this before doing those modules!
So, for context I am a recent university graduate but have not been able to get a job so I thought I could start the CIMA qualification to add to my CV, but also because I am interested in pursuing a career in accounting. I have no accounting background but I am someone who enjoys maths and would say is quite studious.
From previous research, I saw that when deciding the order to take the modules, it's best to do BA2 and BA3 together as there is some overlap between the two. (Personally, I didn't think there was much but can see why people said to take them together)
Because I do not currently have a job, I have had to self-fund this endeavour, and looking around, course providers can be pretty expensive! That is why I decided to just buy the Kaplan study texts and exam-practice kits and use them to study the content myself, without a tuition provider. (If anyone has advice about tuition providers feel free to comment!!)
BA2
I started with BA2 first and used the Astranti tutorial videos as I went along to make sure I was understanding the content. (Do bear in mind the videos do seem a little out-dated as there is content on the website that is not needed for the exam). I also found there to be a few mistakes in the videos so be careful with that too.
Because I have a strong maths background, I quite enjoyed BA2 and seemed to understand and grasp the concepts well. Once I finished learning the topics, I then spent a week revising and making sure I understood everything. I.e, making sure I could identify what topics were being asked when seeing a question and making sure I know the steps to work things out. After that , I used the exam-practice kit to go through all 200 questions. I would mark it and highlight the questions I got wrong as well as the topics related to the incorrect questions. This is so important!!! I made sure I had a list of all the things I got wrong, as well as keeping a tally of silly mistakes and topics that I kept getting wrong so I could go back and revise things if I needed to.
One thing to note is when you buy the books from Kaplan, you also get some free online resources. When you login to your kaplan account you will also get the e-version of the books and more questions. I also did the online exam-practice kit questions and did the same process of highlighting mistakes. (Although note there are a few questions that are the same as the actual exam-practice kit book)
Once I felt confident in answering questions I attempted the mock exams. (There is one mock in the study text and exam-practice kit each, as well as ones on the e-version of the books. I.e, 4 mocks) As well as these mocks, I also completed the Astranti mocks but felt they didn't really represent what the exam would be like as there were questions that were not related to the topics to be examined.
As well as these mocks, PearsonVue also has an exam simulation using the format for the exam which is good to do beforehand. It has actual practice questions (~20? I can't remember) which is also good to go through.
The pass mark for the exam is a scaled score of 100 out of 150. So as a rule of thumb, I try to aim for more than 70% as a guide to passing a mock.I got ~75% in the mocks and normally had around 30 minutes to spare in each mock to double check. Again, when marking my mocks I would highlight the questions I got wrong and noted silly mistakes and topics I was getting wrong. Once I had gone through the topics that I was getting wrong, I felt confident enough to do the exam.
I took the exam in-person as I did not want to risk anything with taking it online and was surprised to find the exam quite a bit harder than all the mocks I had taken. It did throw me off a bit in the exam!! The questions seemed a lot more application based and a lot more wordy. The questions provided a lot of information, not all of it is necessary, so you have to be careful as that can catch you out! I was working to the very last minute and thought I had failed. To my surprise I passed!! I got a score of 113.Ā
BA3
From research, I had found that many people found BA3 to be easier than BA2. However, because I do not have an accounting background, I did actually find this module to be harder.
Again, I used the same approach to revising as I did with BA2 but did not watch all astranti tutorial videos. I only watched the ones on topics that I was struggling to grasp. The main thing for this module is to actually understand the double-entries taking place. Once you understand the why, it becomes a lot easier to remember. I used Quizlet, an online flashcard making app, to write down all the double entries so I could go through them the day before the exam. I also used it to note all the equations you need to remember for the exam. I personally found bank reconciliations and suspense accounts the hardest to wrap my head around. For these I watched videos from Opentuition.
Once I felt confident with the topics, I also used the same approach for taking the mock exams. I did not attempt the Astranti mocks this time as I didn't really use them when revising. I did the PearsonVue simulation and did those questions there and also did the mock exam from the Accowtancy website. Please note the Accowtancy mock exam had all the questions exactly the same as the PearsonVue simulation and online Kaplan mock, just with different values. So I personally did not feel this was a good representation of a mock exam as I could remember how to answer the questions. I went on to do the mock exams from the textbooks as well as the kaplan online ones. I failed one of the mocks miserably (57%) and the other ones I was getting between 70 and 80%. I was also using up the whole time to complete the questions with no time to spare or double-check.
I booked myself for the exam but did not feel as confident for BA3 as I did for BA2. I was quite nervous for this one as I thought the exam would be just as hard as BA2. I went for the exam in-person again and found the exam to have a similar difficulty-level as the Kaplan mocks. The question styles were similar too and there were no curveballs in the exam! I came out of the exam thinking it wasn't too bad and found out I passed!!! To my absolute surprise, I got a score of 148.
Closing remarks
Note: I started revising for BA2 in June and passed at the end of July. And passed BA3 at the end of September.
Doing this qualification requires a lot of discipline and I'm sure everyone out there, with the right mindset, can pass too!! Onto BA4 next!
Feel free to add any tips in the comments if I've left anything out!!