Industry Research Checklist - CIMA Management Case Study Exam

One of the key areas where you can gain extra marks in the case study exam is having a deep understanding of the company and the industry in which it operates.

We find many students are unsure where to begin when it comes to researching the industry and often there is just too much information available! It can be hard for them to distinguish what is relevant, distill the key points, how they relate to the case study and how they can be applied in the exam to gain vital marks.

So, to ensure you are on the right track we have produced a list of key topics for you to focus on. We recommend that you use this as a checklist when researching the industry. 

Industry Topics

The Products and their History

Tips for Effective Industry Research

Today I came across an old article from one of our many esteemed affiliates, Matthew Evans. The article is centred around 5 tips for the best approach to take when analysing the case study industry.

Although the article relates specifically to the old T4 exam, the principles remain the same for the MCS. The industry analysis is an important part of the case studies now, with recent examiner's reports referring directly to the proper use of industry analysis within the exams. Although the company is at the centre of the case study, with a little bit of industry information provided alongside this, the examiners have highlighted the importance of not simply reciting the information found in the case study. 

Ethical Thinking - Corporate Social Responsibility

In recent years organisations have put tremendous amounts of time, money and effort into ensuring that their corporate image and reputations are better than they have ever been! 

However, as onlookers it can be hard to distinguish between those who do this simply to appear as socially responsible as possible to potential investors, customers or the general public, and between those who genuinely believe that Corporate Social Responsibility (CSR) is an important, ethical and moral part of their organisational culture, and something that they truly believe in.

"Corporate social responsibility is about how the company acts towards the community and environment in which it operates. CSR focuses on ethical business management through ways that improve and protect the environment and social relations and supply a positive public image."

2015 - The Final Push!

For many of us the last 11 months have brought with them a whole plethora of highs, lows, triumphs and obstacles. Where some have seen the year as  roaring success, others may be counting down the days until it is over and a new page can be written.

It is to those people that I would like to target now, the ones who perhaps haven't achieved what they wanted to achieve since the clock ticked over to introduce 2015!

Whether you are trying to finish your objective test that has been haunting you since February, or whether you are waiting for the turnaround in the new year and the latest case study exam, I have one tip for you...

Why not finish with a bang?! 

The Problem with Self-Actualisation

Motivation Theory is something that, by now, we are all familiar with, and perhaps one of the most recognisable theories to date, often being the first one mentioned when the concept of motivational theory is raised, is Maslow’s hierarchy of needs.

To recap the theory briefly, Abraham Maslow suggested that there are five tiers of motivation; physiological, safety, belonging, esteem and self-actualisation, with each one superseding the previous factor, until you reach self-actualisation, where all of an individual’s motivational needs are met and hence, this is when they have reached the top and have become the “best that they can be”.

How to plan your revision (around your life!)

Revision is inherently not meant to be enjoyable. At the same time, we all need to do it at some point or another and we can’t put it off for ever.

With the latest set of case study exams just around the corner for operational, management and strategic case study students, it is currently crunch time when it comes to swotting up on everything you need to know!

Top tips from the CIMA Case Study markers!

Top tips from the CIMA Case Study markers!

At the recent CIMA conference there were a number of presentations by CIMA markers and case study writers. 

They gave invaluable insights into what they are looking for in the exams – and in particular they highlighted the areas where many students fall short.

This is excellent feedback for students as it 'comes straight from the horses mouth'! They have produced and marked many exams so know exactly what they are talking about!

There feedback reinforces the fact that many students are still getting the basics wrong and how with good preparation and planning many more students could be achieving passes.

Here are their top 10 tips to help you succeed:

1. Plan your answers – don’t launch straight into your answer, think about the key points you want to raise and how your going to structure it before you begin writing.

CIMA News - what you need to know! Introduction to scaled scoring for the OTs + personal calculators permitted

Hi Everyone,

A couple of interesting points were raised at the CIMA conference that we thought we would share with you.

Firstly, CIMA announced the introduction of the 'scaled score' for the Objective Test exams.

From November 1st 2015, Objective Test results will include:

1. Grade (pass or fail)
2. Sectional Performance Feedback
3. Scaled Score

Why scaled scores?

Management Results Overview 2015

A number of interesting facts and statistics were presented at the 2015 CIMA conference last week.

The conference was attended by key people from CIMA and tuition providers including members of the Astranti team.

We would like to share with you some of the key points raised at the conference.
In this blog I am going to summarise the conference content that focused on the Management level. This included a review on the E2, P2, F2 and Management Case Study exams. It also covered what went well for students on the previous sittings and key areas that need to be improved for the future.

Mock Exams – Key points from our August student survey

A lot of you will be starting off your revision for the latest set of exams, but perhaps you may be a bit unsure of how to progress and get the most out of your time leading up to the big day. To give you some inspiration, I have assembled a few results from our recent Mock Exam student survey that may be of some interest to you if you are stuck for ideas.

In a recent student survey from August, we asked our students what they felt were the most important factors in helping them pass their exams. One of the common themes among our survey results was the inclusion of mock exams.