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Hello all,
I am new to this forum. Unfortunately, I got a 45 on my first FAR Exam attempt, and I’m very frustrated, as I’ve spent the past 3 months studying full-time for FAR. I had an incredibly high GPA for accounting in college (3.9), yet for the FAR exam, my score of a 45 looks as if I had never even studied at all in the first place (whereas in reality I had studied every day full-time for the past 3 months).
I studied by doing mostly MCQ’s with Becker, and by doing a few select simulations to get the format down. Clearly, for me at least, the method of doing only MCQ’s did not work well. I did not watch many lectures (only a select few) the first time around with Becker because during accounting in college, I would never learn well from lectures and would learn best from practicing hands-on with problems from the back of the accounting textbook.
I also saw that when I watched the lectures, at least for Becker, I would then jump to the MCQ’s and still do terrible (40% the first time around usually) on the MCQ’s despite watching the lectures. This is why I made the decision to stop watching the lectures and instead just jump to the MCQ’s and refer back to the course textbook for anything that was unclear.
Therefore, the first time around, I just mostly jumped to the MCQ’s for each module in Becker, and then if I didn’t understand something, I went back to the lecture in the textbook and referenced my point of confusion. I thought this method was working well for me, but clearly not.
I would do Becker 33 MCQ comprehensive quizzes for FAR of all 10 units (F1-F10) and I would get anywhere from 56%-76% at highest (it varied on a day-to-day basis). I assume that since I was doing the same test bank of Becker’s MCQ’s over and over again perhaps this led to my false confidence in terms of me thinking that I was fully ready for the FAR exam.
However, I will say that for the Mock Exam that I took for Becker, I got a 36. But, I have heard online that the Mock Exams for Becker are usually harder than the actual exam.
Does anyone have any tips on how I can improve for a FAR retake? I feel so ashamed right now, and I just don’t know how to even go about studying for a retake.
My only guess as to what happened was perhaps I was unintentionally memorizing MCQ’s and I guess when the wording was switched around for the MCQ’s on the exam day, it messed me up. The simulations I found very overwhelming as well (evidently because I am clearly lacking in terms of understanding the core concepts for FAR based on my embarrassingly low score of a 45).
I feel like at this point, at least for my case, I need to go back and get a better grasp of the fundamental concepts of FAR before hammering through a ton of MCQ’s. I feel that if I had a better understanding overall of the core concepts of FAR, then perhaps I would not only find the MCQ’s easier but also the simulations overall easier.
Do you guys think I’m better off doing any of the following:
a) Going back through all the Becker lectures one-by-one, watching each lecture, and redoing every single MCQ and simulation in Becker
b) Trying a different course provider such as WileyCPA or Wiley’s 11th Hour Review FAR Cram Course and doing every single component of either one of these two courses (lectures, MCQ’s, simulations, etc.)
c) Doing something completely different from both options a & b
d) I do feel that NINJA could be helpful, but only once I gain a better overall understanding of the FAR Content itself. I’ve tried Ninja before for a month and it had a lot of similar questions to Becker. In other words, I just used the NINJA software for a month for MCQ’s and that was it (which clearly didn’t help me either when I just used it for MCQ’s).
Thank you!
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