அளவிலாக் கருணையும் இணையிலாக் கிருபையுமுடைய ஏக இறைவனின் பெயரால் …
You need to have an inevitable encounter with Math, even if you do not like it!
To become a Certified/Chartered Accountant, one cannot escape Math.
வணிக தத்துவம் – அதில்
கணிதம் நிச்சயம்! ( Smile please! )
எப்படி ஒன்றுமில்லாத பூஜ்யத்தின் தன்மையை – அதன் பரிணாமங்களை, அது காட்டும் பிரமிப்புக்களைப் புரிந்துகொண்டால் எல்லாமே புரிந்துவிடுகிறதோ, அதோ போல கணிதம் கொஞ்சம் தெளிவாகப் பழகிக்கொண்டால் எல்லாப் பாடங்களையும் எளிதாகப் புரிந்துகொள்ளவும் முடியும்!.
‘கணக்கு, பிணக்கு, ஆமணக்கு’ என்ற மகாகவி பாரதிபோல சுட்டெரிக்கும் கவிதை பாடாமல், ‘வீழ்வேனென்று நினைத்தாயோ?’ என்ற அவரது வீர உணர்வூட்டும் வரிகள் போல எழுந்து பாருங்கள், கணிதமும் எவ்வளவு எளிதானது இனிமையானது என்பதும் புரியும்.
Accountants have to play with numbers all day long and hence, it becomes imperative to study mathematics and statistics well during the initial stages.
CA/CMA Foundation course(s) aim to test a student’s ability to understand basic concepts of mathematics and statistics and identify the logic behind the calculations which go into solving real-life problems.
However, the students are expected to apply basic concepts of math and stats as an effective quantitative tool and demonstrate the relevance and use of statistical tools for analysis and forecasting.
To help you prepare for Foundation level maths – Fundamentals of Business Mathematics & Statistics, we bring to you some quick tips and tricks which will help you enhance your preparation for this examination.
Here’s a quick summary of the syllabus that you need to follow while preparing for CMA Maths & Statistics paper:
Content
Weightage
Section A: Fundamentals of Business Mathematics
Arithmetic
20 %
Algebra
20 %
Section B: Fundamentals of Business Statistics
Statistical representation of data
10 %
Measures of Central tendency & Dispersion
30 %
Correlation and Regression
10 %
Probability
10 %
Suggested marks distribution for examination:
Total of 100 marks 3 hours
Objective
60 marks
Short questions & Practical Problems
40 marks
Objective questions (60 marks) 1 marks each question
MCQ
True/False
Matching
How to study Foundation Maths
· To strengthen your concepts, refer to NCERT for Business Mathematics. It will help you with basic concepts.
· Every chapter will have some key formulae and concepts. Remember them and make notes in your own handwriting. This will help in increasing your retention power and your notebook will serve as a quick revision guide.
· There will be a few questions that will appear to be tough even after multiple trials. Make a list of such questions and identify the root cause of your problem. Once you solve these, you will be able to solve other questions with ease.
· You are only allowed a simple six calculation calculator in the examination hall. So learn and practice to use this calculator efficiently.
· Topics in statistics are inter-related. So, avoid skipping any topic.
· Go through the study material provided by ICMAI and understand the step-by-step working of each problem
· Since this is a practical subject, you will require a lot of practice. Do not just read the sums. Solve them and understand the process.
· Attempt mock papers in the real examination-like environment. Analyze your performance and revise accordingly. (we will release all possible sample questions @ online platform to enable you to read/attend MOCK tests from home.
· Do not study this subject the whole day. You need some break, so mix and match while creating your timetable in a way that it does not overburden you.
· Once you get the question paper, go through all the questions. Allot time to questions based on the marks that they carry. Keep some time for revision.
· For all the subjects, attempt multiple choice questions first for this paper as well.
· In subjective optional questions, always answer the question you are most confident about a first.
· For practical subjects like these, while you do not need to have extraordinary presentation skills, basic hygiene is a must. Your answer sheet should be such that it appeals to the examiner. Just follow these:
· Have working notes.
· Start every question from a new page.
· Highlight your answer.
· Draw Margins
· Do not forget to write the correct question numbers.
· Make all charts, diagrams, and illustrations cleanly and label them properly. Try to attempt all the questions. There is no negative marking.
· Syllabus and Study Notes: http://icmai.in/upload/Students/Syllabus2016/Foundation/Paper-4.pdf
· Mock Test Paper Questions
Paper 1: http://icmai.in/upload/Students/MTPSyl2016June2019/Foundation/Paper4_Set1.pdf
Paper 2: http://icmai.in/upload/Students/MTPSyl2016June2019/Foundation/Paper4_Set2.pdf
· Mock Test Paper Answers
Paper 1: http://icmai.in/upload/Students/MTPSyl2016June2019/Foundation/Paper4_Set1_Solution.pdf
Paper 2: http://icmai.in/upload/Students/MTPSyl2016June2019/Foundation/Paper4_Set2_Solution.pdf
· Postal Test Papers:
1: http://icmai.in/upload/Students/Download/Postal-Test-Papers/Syl2016/Set1/Foundation/Paper4.pdf
2:http://icmai.in/upload/Students/Download/Postal-Test-Papers/Syl2016/Set2/Foundation/Paper4.pdf
· Workbook: https://icmai.in/upload/Students/Syllabus2016/Workbook/March2019/Paper4_New.pdf
· Guidelines for Students: https://icmai.in/studentswebsite/exam_procedure.php
· Question Paper December 2018: http://icmai.in/upload/QuestionPaper/syllabus2016/Dec18/Paper4.pdf
· Important Due Date: http://icmai.in/upload/Students/Important-Due-Dates.pdf
Please let me know what kind of further assistance you may need to start with, once you have decided about your future course of action.
M. Shahul Hameed, BCom(Hons), MBA, MSc(IT), MPhil(Management), BL, CMA, CIA, CGEIT, CISA, CISM, PMP, ITSM(ITIL), ISO27001LA, ACIFE,[BA-IslamicStudies] ...
OLI Academy, Madukkur-614903
Contact for online/offline couching for CMA upto Final & CA Foundation & Intermediate level - nsmsh@yahoo.com
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