APM Elective 2012

Stabshauptmann

Hello!

Could someone please attach a copy of the time table for the APM elective. I notice that neither the chartered grind school nor griffith are offering any revision courses for the APM elective; can anyone offer some advice on the best way to prepare for this exam please

you2008

Hi, can any one tell the date of next section 5 & 6. Missed it last week. Don't like watch on line!

Hanley

Stabshauptmann wrote: »

Hello!

Could someone please attach a copy of the time table for the APM elective. I notice that neither the chartered grind school nor griffith are offering any revision courses for the APM elective; can anyone offer some advice on the best way to prepare for this exam please

Bump...

Stabshauptmann

6.30 21 June 2012

9.30 18 July 2012 - Mocks review

ferike1

I thought I should make a separate thread on this. Is anyone here doing this elective. There doesn't seem to be much material on this on the website. Does anyone have any cases to share on this?

APM seems the least worst of the electives but I reckon they will mark it harder this year owing to the high pass rates in previous years.

froggatt2011

ferike1 wrote: »

I thought I should make a separate thread on this. Is anyone here doing this elective. There doesn't seem to be much material on this on the website. Does anyone have any cases to share on this?

APM seems the least worst of the electives but I reckon they will mark it harder this year owing to the high pass rates in previous years.

Ferike1, I uploaded cases and questions & answers on the main FAE 2012 thread a few days ago. Hopefully these will be of some use to you.

ferike1

Cheers man, I will look for posts made by you on that thread.

lala1987

ferike1 wrote: »

Cheers man, I will look for posts made by you on that thread.

I totally agree with you!! Started watching the lectures online and was shocked at the amount of economics in it! think alot of cap 2 sfma though so going to bring those folders tomoro see will they help some bit.

I checked all revision places and none for APM unfortunately and there doesnt seem to be any notes/emails doing the rounds!!!

think il continue with lectures online going through them slowly enough but finding it effective and then qs i guess...

ferike1

APM was grand today compared to the CORE.

So happy I picked it.

froggatt2011

I thought it was grand too, but I ran out of time. Spent too long on sim 1 then couldn't get my tempo up. Need to work on that. What did u make of the bonus part in sim 3?

ferike1 wrote: »

APM was grand today compared to the CORE.

So happy I picked it.

ferike1

Said employee evaluations should not be anonymous and should have justification provided for rating to avoid people getting together and giving artifically high/low rankings. Other financial measures should be used such as if departments come in under budget, hit sales targets. The manager opinion should be given in private. Also said if profitability goes up > than cost of bonus then it is worthwhile. Just said that the training thing was good and didn't really need change.
Couldn't really consult the book. Seemed more like it was HR.

I think its so pointless having to calculate ratios, it takes up so much time and you get jack for calculating them. They should just give you them. Also the NPV took a large chunk of time.

froggatt2011

ferike1 wrote: »

Seemed more like it was HR.

Couldn't agree more. Found it a little out of place but had a bash anyway along similar lines, but I was basically out of time by then.

ferike1 wrote: »

I think its so pointless having to calculate ratios, it takes up so much time and you get jack for calculating them. They should just give you them. Also the NPV took a large chunk of time.

The NPVs really did take ages!!

The balanced scorecard was a gift but again a time consuming exercise.

Roll on the weekend for a bevvie or 20 then back to the grind.

froggatt2011

How are yas getting on? It's a tough old slog....

ferike1

Going okay. I think there is only so much that can come up in APM as opposed to the others. Touch wood!

BESman

Ya I don't want to jinx it but definitely think APM is a breeze compared to Core. Nice defined competency statement, only so much they can ask.

Only issue I have is that there aren't really any good notes on this subject. I find myself relying on the book mostly which is excellent. Other than that, I'm using cases. What kind of notes is everyone else relying on? Do you think the book is enough?

ferike1

Have a general knowledge about financial issues. Also the finance/mgmt accounting and strategy stuff from the core overlaps with it. SWOT etc.

Also no harm in checking out P4 and P5 from the ACCA books.

R0N BURGUNDY

The textbook really is superb. Read that from cover to cover the morning before the exam and u might have a chance of passing.

ferike1

To be honest I feel like I could sit APM tomorrow and pass, I felt I did enough even after the mock. Not that I am getting complacent with it. Still covering questions and looking for the textbook but there really is so much that can be asked.

(Again no jinx intended!)

pepp

Hey I am sitting APM this year having passed core last year do you think i need any areas from core or is the APM notes and book sufficient for this exam, any advise much appriciated:)

hooch-85

pepp wrote: »

Hey I am sitting APM this year having passed core last year do you think i need any areas from core or is the APM notes and book sufficient for this exam, any advise much appriciated:)

I am in the same boat having passed Core in 2010 and failing the audit elective twice. So basically I am in the last chance saloon this year and really cant f*ck this up! Any advice greatly appreciated.

BESman

pepp wrote: »

Hey I am sitting APM this year having passed core last year do you think i need any areas from core or is the APM notes and book sufficient for this exam, any advise much appriciated:)

It might be no harm to have a condensed version of your Core MA and Finance notes with you on the day but I think the APM book and notes should cover most of it.

Tina27

What are people study for the section 5 , as there are not many questions on it.

Scuba_Steve84

Hey guys, at this stage are you still going through the book or just hammering away at cases? I'm a bit concerned about section 3, the lecture notes didn't exactly tie into it, and reading the book is just killing me with boredom. Thinking i should just get stuck into the cases and hope that covers most theory or points me to where i should be reading up on!

Stabshauptmann

I'm going batty trying to find these online.

Does anyone have the 2011 APM Mock paper and solution, or the solution to the 2012 Mocks.

So appreciative if anyone can upload.

froggatt2011

Stabshauptmann wrote: »

I'm going batty trying to find these online.

Does anyone have the 2011 APM Mock paper and solution, or the solution to the 2012 Mocks.

So appreciative if anyone can upload.

2012 mocks here:
http://students.charteredaccountants.ie/Student-Information/Courses/Course-Timetables/

Attaching the 2011 mock for you.

froggatt2011

BESman wrote: »

It might be no harm to have a condensed version of your Core MA and Finance notes with you on the day but I think the APM book and notes should cover most of it.

Indeed. I would suggest Business Leadership notes as well as back up, but the manual really is pretty good.

froggatt2011

Anyone happen to have Joe Healy's breakdown of the APM syllabus which he referred to during the online revision session?

Stabshauptmann

What did it look like?
Was it the competency statement?

Stabshauptmann

Or this, the questions by section?

Sorry, I'm repeating from last year and dont know what you're looking for.

froggatt2011

Stabshauptmann wrote: »

Or this, the questions by section?

Sorry, I'm repeating from last year and dont know what you're looking for.

Thank you. It's not this one though, it's another spreadsheet that basically contains the same info I think, so thanks for that!

SusieQu

Hey guys does anyone have a list of all the questions we can go through for APM. Thanks in advance,

Irish TuneR

Stabshauptmann wrote: »

Or this, the questions by section?

Sorry, I'm repeating from last year and dont know what you're looking for.

Its the excel spreadsheet that has the topics list and which of the questions relate to them. It also has a frameworks listing that looks useful. He gave it out in the revision lecture iirc. If no one has this ill email him tomorrow and then upload it.

SusieQu wrote: »

Hey guys does anyone have a list of all the questions we can go through for APM. Thanks in advance,

The above might be useful once we get it.

FAE4EVA

Is this what you're looking for??

froggatt2011

FAE4EVA wrote: »

Is this what you're looking for??

Exactly it! Thank u v much!

elaine61527

Hi,

Just wondering if anyone has / knows where to find the Rush Plc Case for APM?

Thanks in advance for your help!

cafeaulait

Hi all,
In addition to Rush above, would anyone have the Pitem or Douglas Glass case studies that they could upload?

How are people finding this? I think a combination of the book and investment appraisal should have you in with a chance. Some of the stuff can be interesting and a welcome break from the core, in so far as international business can be interesting!

elaine61527

cafeaulait wrote: »

Hi all,
In addition to Rush above, would anyone have the Pitem or Douglas Glass case studies that they could upload?

How are people finding this? I think a combination of the book and investment appraisal should have you in with a chance. Some of the stuff can be interesting and a welcome break from the core, in so far as international business can be interesting!

You will find the Pitem case in the Session 9 folder on institute website (APM section) Hope this helps!

FAE4EVA

Douglas Glass is on the sample paper..

What do people make of the Institute running that session on the CAP2 SFMA??

Will they break from the norm with investment appraisal and go with something like swaps, god help us if they do!!

froggatt2011

FAE4EVA wrote: »

Douglas Glass is on the sample paper..

What do people make of the Institute running that session on the CAP2 SFMA??

Will they break from the norm with investment appraisal and go with something like swaps, god help us if they do!!

Swaps aren't so bad. Step by step approach as per CAP2 and ye'll fly through it. Don't stress!

whytenc

does anyone have the solution to the Global case? not too sure where i got it from as not up on institute website!

FAE4EVA

Hey lads,

Slow day on study front, so easily distracted!! :mad:

Just doing Mixture plc from mock 2011. The total npv was converted at end using the spot rate as opposed to different fx rates for each year??

Is there a reason for this that i'm missing??

pepp

FAE4EVA wrote: »

Hey lads,

Slow day on study front, so easily distracted!! :mad:

Just doing Mixture plc from mock 2011. The total npv was converted at end using the spot rate as opposed to different fx rates for each year??

Is there a reason for this that i'm missing??

No you can do it either way and should get the same answer.

reo49

FAE4EVA wrote: »

Hey lads,

Slow day on study front, so easily distracted!! :mad:

Just doing Mixture plc from mock 2011. The total npv was converted at end using the spot rate as opposed to different fx rates for each year??

Is there a reason for this that i'm missing??

Give up on FAE and try this exam:

FAE4EVA

Cheers pepp,

Ya just realised you have already adjusted the cost of capital using IRP before already so no need..

Braindead moments every now and then!:D

FAE4EVA

Link doesn't work Reo??

ferike1

I was looking through the mock this year

In one of the sims you have to get a WACC for another country

I got 10.1% and this was marked as wrong.

What did you guys get?

I used the formula - 1 + k(f)/1 + k(h) = 1 + r(f)/1+ r(h)

lala1987

ferike1 wrote: »

I was looking through the mock this year

In one of the sims you have to get a WACC for another country

I got 10.1% and this was marked as wrong.

What did you guys get?

I used the formula - 1 + k(f)/1 + k(h) = 1 + r(f)/1+ r(h)

which sim q?

ferike1

The one where you are setting up a company in India. Bison

The rates given were

UK discount - 8%
India Interest Rate - 4%
UK Interest Rate - 2%

FAE4EVA

lala1987 wrote: »

which sim q?

Haven't done since mock but back then I adjusted the fx rate.

I take it you were multiplying 1.08 *1.04/1.02 to get your 10.1%??

That appears correct to me.

ferike1

FAE4EVA wrote: »

lala1987 wrote: »

which sim q?

Haven't done since mock but back then I adjusted the fx rate.

I take it you were multiplying 1.08 *1.04/1.02 to get your 10.1%??

That appears correct to me.

Just had an x next to that on my paper. Wanted to make sure because good chance it will come up again.

lala1987

ferike1 wrote: »

Just had an x next to that on my paper. Wanted to make sure because good chance it will come up again.

i got the exact same. have to ask where did you get the formula? i just new it was that from solutions such as smart homes. but never saw formula anywhere!!

are ye finding the qs crazy repeatative (however u spell that) like there asking the same thing?!