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WILL SELF STUDY WORK??????

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CA.ViVeK M ACA (ACCOUNTS DEPARTMENT) (28544 Points)
Replied 09 October 2010

You need to go coaching for the weaker subject.and practical papers such as MAFA, Advance accounts . cost management etc


ReevCA (Absolute Carnage ) (145 Points)
Replied 09 October 2010

Surely self study helps a lot...


GTSBABU (PROPRIETOR) (77 Points)
Replied 09 October 2010

My suggestion is to you that jst complete d modules.. bcoz it is d boundry..

and for coaching it is imp as well for practical paper.. theory paper u can manage through self study...


Rupesh Maheshwari (ACA, Dip. IFR (ACCA)) (6166 Points)
Replied 09 October 2010

is coaching reqd for DT or self study thru VINOD GUPTA modules is sufficient????????


sanketmalekar (student) (88 Points)
Replied 09 October 2010

i think a teacher is required in every field for the guidance.so doin coaching is a better option to prepare for the exams. in CA-FINAL, coachings of accounts, mafa, direct & indirect tax and cost can be done and self study could be done for theory subjects.



Sukanya (Professional) (550 Points)
Replied 09 October 2010

 

Hi mohini,

Well, the question you have posed will be lingering in the minds of many aspiring CA Students.

I presume that since you have passed your PCC/IPCC level, you may have passed it by self study or

Some person who was a successful CA on self study should have inspired you.

I hope my answer will be useful  for them.

Making a decision like “Self Study or Coaching” depends on many factors, which are as follows:

1.      1. Make a self analysis of yourself as regards to Studies – assess your Strength and Weakness in CA final subjects. If you are weak in practical subjects, then lots of time will be required for understanding concepts and also practising the problems, and if weak in theoretical subjects, you need to develop the art of remembering and master in writing speed also.

2.       2.Presentation skills, one of the important requirement to pass CA Exams, I feel if you go for Coaching, it will be better.

3.      3. If opting for self study, you need to ask yourself “WILL I BE HONEST TO THE STUDY PLANS THAT I FRAME”. This is because, often when we frame plans for Study, it will be very good, but as the time passes by, due to some unknown reason, we may not stick to our plans, which will prove to be disastrous.

4.       4.Self study sometimes will make us commit the mistake of investing time in subjects that we like only and ignore the others, which is also not correct.

5.       5.The Articleship exposure you have also is an factor. If you have exposure to scrutiny, assessment then you may find Income tax very familiar. Whereas, if you are exposed to Company Audits, Internal Audits, Limited Review, then you will be conversant with Accounting Standards, Company Law and Auditing.

6.      6. Time taken in both the options is very important factor: if you opt for self study, you must need one and a half years atleast – to first understand the concepts in each subject, to revise, to practice test papers and get ready for exams. In case of coaching, all these will be done by others and your duty is to study daily lessons handled there like school.

7.       7. In my personal opinion, for subjects like MAFA and Income Tax, coaching would be better, because largely we don’t have exposure to topics in MAFA and for income tax, the interpretation of the provisions would be vital for the final level, which you will find better in coaching.

8.       8.You analyse all the above factors and take your own decision on your own. Take your time to analyse these. But don’t get carried away by any of your friends’ decisions. Because each one may be good in different aspects and hence the decision needs to be subjective. And if you decide for Coaching, also decide for which subjects you need coaching, because for subjects like Law generally we can learn from books like Munish Bhandari Sir's.

9.. 

Hope you arrive at a good decision based on the above.

ALL THE BEST!!!

 

1 Like

mannoj (striving for success) (501 Points)
Replied 09 October 2010

yes i definetely

agree with sukanya mam

and its realistic



(Guest)

How much ever coaching you take or wherever you go for coaching at the end self study is the only thing which is going to help you out to clear the exams!!!!!!!!!! all you need guidance!!!!!!!!

All the very BEST!!!!!!

with best wishes


Ankur Garg (Company Secretary and Compliance Officer)   (114773 Points)
Replied 11 October 2010

Self study Vs. Coaching classes-A Whole new dimension with analysis

Hello Members,

One of the huge questions in front of the students is to decide whether to go for self study or for coaching. Through this write up I have tried to analyse certain untouched aspects of self study and very hopeful that this article would be able to provide certain guiding principles/suggestions to the student community.

 

Personally I feel that Self study is a very good option for every student because without self study it is very difficult to clear any examination. The main reason behind this thinking is coaching also involves a remarkable amount of self study. Later on in this write up we’ll discuss this point. Another reason to go for self study is the confidence factor involved in it. Successful self study may give you an incredible amount of confidence to deal with any kind of subject or course.

 

Further we have to understand one more thing quite clearly that self study or coaching classes are not the sole deciding factor as far as success in professional examination is concerned. You may find various examples around you. There are many students who have cleared their exams quite easily just by doing self study and some of the students who have taken coaching are still struggling or vice versa. So the main decisive factor is your honest efforts and commitment towards your preparation and nothing else. Let us discuss certain pre-conditions for self study entirely based on my personal observation. 


Pyramid /Hierarchical Structure of Self Study


ROLE OF TEACHERS/SENIORS IN SELF STUDY

 

1. Proper guidance regarding how to start your study from your teacher or from some senior student is very much important rather I would say it is indispensible. Main reason behind this point is a lot of theory content or material in the study module and reference books is totally irrelevant from the exam point of view and only someone senior can guide you regarding this vital and energy saving point.


2. Have regular discussions with your friends or seniors regarding exam oriented topics which you simply failed to understand during self study. As per my personal opinion this point is very important and plays a decisive role during self study and gives you and the other person a very good chance to interact with each other in a prolific way.


3. Selection of correct reference books is another essential pre-condition for self study. It is also advisable to collect all the reference books well in advance. One more thing time to time reference from your study module is also very important.

 

Along with selection of reference books in advance it is also advisable to collect exam oriented notes from the very beginning and stick to them. Kindly check the link below to download some useful exam oriented notes:

 

EXAM ORIENTED NOTES AT ONE PLACE

 

4. Kindly consider this point as a serious advice. During self study most of the time you study alone without interaction to anyone else. So self study may be a failure if you continue your prepare without interaction with anybody else. Remember a healthy and a light chit-chat can give your brain a much awaited relaxation and energy.

 

5. There are certain topics like direct tax at Final level for which special preparation or specific coaching is required and self study may not be sufficient from the point of view of conceptual clarity. So discuss these topics with your friends or with any experienced faculty/student to bring clarity of concept.

 

ROLE OF TIME MANAGEMENT IN SELF STUDY

 

6. Another pre-condition for self study is availability of time. Going for self study may be a bit risky when there is lack of time like you are preparing for other professional course simultaneously or busy in your job etc. In other words ample amount of time to study and superior time management plays an important role in self study.


7. Time management and study routine also plays an important role during self study. If you are not able to follow a set routine of study than in that case self study may be a complete disaster as in self study there is always a danger of lack of discipline. Main reason behind this probable lack of discipline is that there is no fear of coaching classes or tuition work and you are the sole ruler of your own wish. So in self study 100% commitment and study routine is very essential.   

 

BE FOCUSED AND FIRM DURING SELF STUDY AS SCOPE OF SELF STUDY IS MUCH WIDER THAN WE USED IN COMMON PARLANCE


8. Let me tell you a very important thing rather a fact that coaching also involves self study where as self study does not involve coaching. This point is really easy to understand. Reason behind this observation is that in coaching classes only concepts are discussed once or twice. But you have to understand those concepts on your own by self study only. A teacher can only teach you the method and discuss one or two examples but ultimate effort is required from your side to understand that method by practice of more questions connected with that particular method. So in this way we can say that coaching also involves self study and has much wider scope than we normally understand in common usage and without understanding the true meaning and components of self study it would be very difficult for anyone to clear any examination. Hope you all are agree with me w.r.t. this point/observation. Kindly visit the link below for certain exam tips and suggestions:  

 

EXAM ORIENTED SUGGESTIONS AND TIPS     

 

9. Next pre-condition for self study is the thorough knowledge of your course content so you must do a small R&D about the course contents by going through the syllabi to figure out what is relevant and what is irrelevant.

 

 

10. Last but certainly not the least pre-condition of self study is analysis of your strength and weakness as you are the sole owner of your strength and weakness. Only you can utilize your strength and weakness in the best possible manner. You may analyse your strength in the following manner --- if you are more confident in solving practical problems as compare to your approach towards theory preparation and presentation then you must devote extra time to improve your theory preparation and presentation skills and vice versa.

 

 

    SELF STUDY Vs. COACHING CLASSES – A MUCH AWAITED COMPARISON




COACHING CLASSES

  Coaching is not a bad idea at all especially for certain demanding subjects like Direct Tax etc. Reason behind this point of view is not only the technicalities involved in the subject but also the need and confidence desired for the future professional working and practice.

 

 One of the outstanding benefits of coaching is interaction or networking with an enormous group of people which is very essential in today’s competitive environment where networking is kind of indispensible. Further the proper guidance provided by the professional teachers/tutors along with exam oriented handouts is one of the major motives for students to go for coaching.

 

  Alarm: But here we must understand one thing very clearly that the above facilities involve a huge amount of financial burden as far as your pocket is concerned which may not be possible for every parent or student to bear. Another shortcoming/risk involved with coaching class is your interaction with faculty. If you failed to cope up with teaching style of faculty than there may be some serious problem.         

 


SELF STUDY

 

  As mentioned above self study is one of the essential components of coaching classes and no coaching can be successful without the input or flavor of self study. One of the major benefits of self study is that it is cost and time effective and makes you compatible for the preparation of any kind of professional course. Self study also saves your energy which is required for coaching classes.

 

 It also removes your dependency on coaching classes and you can start your study immediately after registration. Self study is the real key which is directly connected to your confidence level

  Alarm: We must remember one thing while going for Self study that Self study is a bit time consuming process and a lot of R&D is involved in it to succeed. In other words Self study demanded extra time to complete the course for which you have to prepare yourself mentally. A lot of discipline, planning and guts required to go for Self study. However personally I feel that all the above mentioned alarms are easily maintainable if you are well aware of your strength and weakness and deal with the situation accordingly.


Hope this Article would be off some help during your professional journey. Awaiting your kind responses on the above mentioned points. Please share your views along with your valuable comments/suggestions/guidance.

 

Wish you all the Best

 

Best Regards

Ankur Garg



(Guest)

Excellent really it will be useful. Thank you!!!!!!!!!!!!!!!!



Samiksha (Articles) (345 Points)
Replied 11 October 2010

Coachig is the option available for them who do not belive in their own. I cleared my PCC by my own and also going to do my finals without any classes or coaching. now its your call whether u do it ur own or go with coching.

BEST OF LUCK



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