IMC study tips

I thankfully passed my IMC Unit1 today and thought I would come on here to pass on my knowledge of the course. The real exam is a lot tougher than the mocks provided online (by CFA) and by BPP. I pretty much memorised the whole book (spent around 100 hours studying) and still found the questions extremely hard most of them using real life applications of all that was learnt.My best advice would be to do all mock exams 2/3 times and read around the subject provided in the booksGood luck all!

Hi Studentay,

I am planning on doing Unit 1. Did you do the Kaplan course/classes or did you go through the BPp textbook/guide in your own time?

Which approach do you recommend? I am studying Maths&Econ at Uni and want to do the IMC beside it.

Thank you.

Hi there,

I used BPP classes. This really helped digest the information and they give good practice exams and over 1000 questions to revise from.

The best approach was to almost memorise the book and then practice all 5 practice exams (BPP) and the 2 mock exams (CFA website).

Hope this helps.

Thanks for the reply. I am thinking of solely buying the BPP textbook, revision guide and practise kit since it would cost me far less than a classroom package. Would this include the over 1000 questions that you are saying, or do I need to buy the classes to access them?

Again thanks for your help.

I just sat the Exam yesterday and aced it (1st time round too). I however pretty much memorized the entire book, and I have to agree that after memorizing the 3 mock exams - the actual exam is definitely harder and none of the questions asked, were in the mock exams. I can't say how many hours I studied for, but I must have read the bok around 7 times? Plus 2 weeks of full time studying and some part-time studies in-between.

Anyway I am about to start studying for unit 2 and hopefully can pass it the 1st time round too.

Best fo luck!

If you can afford it, I suggest you purchase the distance learning programme by Kaplan. It helps a great deal. If you study on your own, its going to be harder. You need to constantly revise chapters you have studies. For example say you study ch 7. Then you go and study ch 8. As soon as you are done with 8, revisit 7. Then do 8 again and go to 9. After you are done with 9 revisit 7,8. You get the pattern, this helps you not forget stuff you e already done.

Also practice questions help a lot, another reason why Kaplan is a sound choixe if you can afford it.