Every year, thousands upon thousands of aspiring students take a crack at the prestigious ACCA exams, in the hopes of securing bright prospects in their finance careers. The exam itself is no walk in the park; it consists of a set of papers categorized into broad subject modules, all of which must be cleared to achieve ACCA recognition. How can you tip the scales in your favor in terms of passing exams with a clean streak? ACCA veterans have an ace up their sleeve: scrutinizing the ACCA pass percentage.
A Passing Phase
Right out of the gate, it’s vital to clarify what “pass percentage” implies in the context of ACCA examinations. Here’s a simple breakdown:
– The pass cutoff is the minimum score required to clear every individual paper in ACCA. To date, this has been 50% across all subjects.
– The pass percentage, however, is released by ACCA after every exam cycle as a means of consolidating each cohort’s overall performance in the exams. ACCA releases the pass percentage specific to each paper, which allows prospective examinees to refer to the numbers across the years.
Now that the distinction’s been made clear, let’s dive into why the pass percentage of ACCA exams matters for you, the student about to take on these exams.
Pass Percentage Significance
Taking note of the pass percentage for any particular batch can seem like a frivolous exercise, especially if you believe your only competition is with yourself. Scratch beyond the surface, however, and you’ll see that the pass percentage is more than just a number.
Placing the concurrent pass percentage into consideration can help you shore up for your turn, as it is a near-accurate gauge of the relative difficulty of every paper. Keep in mind that ACCA has a significant number of applied knowledge and applied skills papers that rely on analytical thinking and problem-solving rather than basic rote memory skills. Taking a closer look at the pass percentage can help you prioritize different modules in your study plan based on the trends.
Ahead Of The Curve
For the sake of clarity, let’s take a relevant example into question. ACCA recently released pass percentages for its September 2022 exams. Let’s inspect some of those percentages.
– Performance Management (PM): 40%
– Taxation (TX): 52%
– Financial Reporting: (FR): 54%
– Audit and Assurance (AA): 44%
– Financial Management (FM): 51%
A mere glance at these scores should give you an idea that these papers mean business, literally. It’s no secret that cracking ACCA requires rigorous preparation and a solid study plan, spanning months on end. For instance, taking a gander at the AA pass percentage would clue you in that the paper has been doing a number on students. Based on this input, you can adjust your study plan accordingly and dedicate extra time to this subject.
A Competitive Advantage
Planning for ACCA exams is a meticulous exercise that demands a professional level of focus. Enrolling in a bonafide institute can give you a leg up on the logistics and strategy section of your study plan, providing expert help from start to finish. Contact SOE Global today to begin your ACCA journey!