Pass ACCA with Experienced Lecturers

P3 Michael

ACCA P3 Business Analysis Description

Test Based, Taught & Revision Course

ALC offers three P3 courses.  If you are doing P3 for the first (and hopefully the last) time it makes sense to sign up for all three.  The three courses taken together offer   a total package for successful exam preparation and this is reflected in our pricing structure.

All P3 courses offered by ALC include the following elements:

1. A video workshop explaining in a step by step way how to tackle 50 mark cases

2. E-mail access to Michael.  Any questions and answers that are of general interest will be circulated to all students

 

Case Bases / Test Based Course

Doing new cases and questions under time constraints is the key to passing this paper.  This is what the test based course delivers.  The more cases you tackle under time constraints the better you get at tackling cases.  Originally this course was designed for re-sit students. However our experience indicates that doing the test based course is closely linked with exam success and all students are urged to sign up for it.   The four exams- which cover three 50 mark cases and six 25 mark cases-    are designed to cover the most likely examinable areas in the Dec 2015 sitting. 

In addition to the common three elements listed above, the course includes

1.   Three 100 minute open book exams which will be marked and commented upon, and model answers provided.  The first two of these exams will be 50 mark case studies, and in addition to the model answer, a detailed case commentary will also be provided.  The third exam consists of three 25 mark part B case studies. Typically your answers will be commented upon within three days of taking the exam.  On selected test dates Michael will also give a Skype debriefing.

2.   A full mock exam where the questions have been written by Michael to reflect the likely questions in Dec 2015. The exam is open book.  The answers will be marked and commented upon, and model answers provided.  The mock exam will take place after completion of the taught and revision courses.

3.  Michael will mark your mock paper and return your marked answers within 48 hours.

4.  The Bluff Notes, which at about 99 pages long provide all the knowledge necessary to pass this exam.  The Bluff Notes have been completely revised to reflect the changing emphasis of the P3 exam.

5. A quantitative work book which reminds you of the areas that are examinable and which you are supposed to be familiar with from your previous studies

Michael’s comment “The amount of time needed to write cases, model answers and case commentaries as well as to mark scripts justifies a far higher fee- so take advantage of  the offer.  I urge all students who are serious about passing to sign up for the test based course”

Taught Course

P3 is not a knowledge based exam.  Understanding a limited range of areas and issues is more important than accumulating vast notes on frameworks that will never be examined in detail.  The taught course delivers all you need to know to pass this paper. It does so by integrating the “theory” with cases- and gives you the chance to do extra cases for homework which will be marked and commented upon.  The cases used in the taught course are designed to demonstrate the application of key frameworks and will not be the same as the cases used in the revision workshop or on the test based course.

The course assumes that you do not have any knowledge about P3. It is a complete course. It does however assume that you have been through the 99 pages of the bluff notes and have raised any queries directly with Michael. 

In addition to the common three elements the course includes

1. More than 42 teaching hours.  The course covers business strategy, corporate strategy, project management and benefits management, process analysis and redesign, e-business and e-marketing, and the application of quantitative and accounting based techniques.

2. One open book but time constrained 50 mark case study.  It will be marked, and commented upon.  A case commentary and a model answer will be provided.  On selected test dates Michael will give a detailed Skype debriefing  session.

3. 99 or so pages of Bluff Notes.  The Dec2015 Bluff Notes reflect the shift in emphasis that has occurred in the P3 exam.

4. 60 pages of study miniatures that are a condensed version of the Bluff Notes and are the ultimate revision material for students under study pressure.

5.  A quantitative work book which reminds you of the areas that are examinable and which you are supposed to be familiar with from your previous studies. The last session of the course will be devoted to going through these questions.

A full work scheme is available on request for the taught course.  The taught course immediately precedes the case study based revision course.  Students who do both courses are getting a double exposure to the examinable areas- one where the emphasis is on understanding and the other where the emphasis is on application and case study technique.

Michael’s comment: “ Covering all you need to know in 5 days by keeping it simple,  by using cases to illustrate frameworks, and by doing extra cases for homework is ideal preparation for the exam.  A small class size makes it possible to treat students individually and deal with their specific problems in P3.”

P3 Taught Course Outline, please click here

 

Revision Course

Unlike many “IRC”s this course is based almost entirely on doing cases and assumes that students come to the course equipped with the knowledge and understanding to do so. The cases selected are a mixture of past cases and cases written by Michael. Michael’s revision kit contains some eight  50 mark cases, and some eighteen 25 mark cases. All answers are written by Michael.

The emphasis on the course is on technique. In particular:

1. Interpreting the questions and using them to generate answer headings,  to indicate answer length, to identify applicable frameworks, to pinpoint what to look for in the case scenario, and generally to gain an understanding of what the case is about before reading the case.

2. The application of key frameworks. Marks are awarded for using  frameworks to answer the question- not vomiting them across the answer script. This means applying the framework to the case information. 

3. Dealing with time management issues through avoiding detail and the obsession to offer a complete answer. The emphasis is on good enough in the time available.  Part of this is using the figures- both financial and non-financial- to generate quick marks and to gain insight into the case.

4. Improving presentation skills and developing an answer style that is marker friendly.

5. Practising at least one case on every examinable topic- and identifying the pattern of questions and issues that the examiner favours.  Some 14 cases will be covered during the course with an emphasis  on project management, benefits management  and process analysis and redesign.

Part of the course will involve marking cases that have been done by students under time constraints, getting an insight into what it is like to be a marker and what markers are looking for in a pass answer.

In addition to the three common elements the course includes

1.  At least 21 hours of class time. “At least”  because the course rarely finishes on time.

2.  The 60 or so page Study Miniatures that take every examinable topic and summarise it in 60 to 100 words.

Michael’s comment: “Too many students come to revision courses with too much knowledge and too little understanding and assume that the IRC is a magic bullet that will guarantee exam success. It isn’t. Some students assume that all they have to do is sit passively while the lecturer delivers the answer. That is not how it should be done. The IRC  will improve your mark significantly but that may not be enough if you come on the course confused or lacking practise in tackling cases under time constraints. “