How To Score in Financial Management and Economics For Finance

  • 24 Jun 2022

If you are preparing for CA Inter Financial Management and Economics for Finance, this article is just for you! Along with hours of disciplined effort, smart planning is essential to be able to ace the CA Inter Financial Management and Economics for Finance paper and these essential tips to study CA Inter Financial management can help you build a smart and robust strategy for clearing the exam.

 

 

Financial Management (60 marks)

Sections

Weightage

Content

1

10%-15%

Financial Management and Financial Analysis

2

40%-45%

Financial Decisions

3

30%-35%

Capital Investment and Dividend Decisions

4

10%-15%

Management of Working Capital

 

 

Economics for Finance (40 marks)

1

20%-30%

Determination of National Income

2

20%-30%

Public Finance

3

20%-30%

The Money Market

4

20%-30%

International Trade

 

Begin with basic theory and formulae in each chapter. This will help you gain confidence and encourage you to move forward with higher momentum. Be very clear in concepts so that it enables you to solve any kind of questions easily

Classify the subject into easy and difficult chapters so that you can start preparing easy chapters first. Once you have decided upon study time allocation for each unit, you need to understand the relative weightage of different units and sub-topics. For this, you can analyze available RTP, MTP, and Exam papers.

Taking notes in parallel while solving sums will help summarize all important steps and formulae in one place. This becomes a ready-reckoner for you while revising

Practicing ratios can be fun if you keep revising the associated formulae every 2-3 days. Create a formulae guide for yourself in your own handwriting

Solve (Write and Practice) as many as problems and at the same time do not ignore theory in Financial Management. Make your own notes for theory and economics. Whenever you are solving a question, make sure to write the formula in the answer and after that write the solution.

Economics is the study of commercial activity and transactions, and finance is the lifeblood of business. The use of financial management strategies in decision-making is the emphasis of financial management. Economics for finance is a subset of economics that focuses on understanding key macroeconomic concepts and principles in today's Indian and global economies.

Economics for Finance is basic, simple and easy to understand. Reading it thoroughly and understanding concepts will definitely fetch sufficient marks. 

Speed has been regarded as one of the important factors in getting success for the final exams. The reason behind it is that the question paper is quite lengthy, and it tests the swiftness of the person opting for the intermediate exam. The best thing which you can do to deal with speed is to solve multiple Inter mock test series. This is going to help you in getting your speed to get better.

Financial management in intermediate is a strong base for CA Final Strategic Financial Management. Economics for Finance helps in realizing the business space in a broader view.

The whole aspect of new introductions and uncertainty need not throw you off your preparation. Understanding the basics and derivations of the formulae, linking explained concepts to real-world business scenarios and practicing your way to perfection are the key to your success when you study for Financial Management and Economics paper in the CA intermediate examination.