To Pass E3, F3 and P3

Hi all, I didn't get f3 on my first attempt yesterday, thought I would share some feedback. Although there are 11 subject areas and 3 parts of the syllabus, it seemed like there was a lot of focus on capital structure and wacc in its different forms. I would suggest, be 100% expert on geared and ungeared wacc, as there wasn't much formulae available for reference. Dividend decision featured a lot as well, selecting three from five can be tough as there is normally one ridiculous answer and four plausible responses. Section c - company valuation and mergers - features heavily as you would expect, so make sure you know your calculations of valuing a company, and why and in what circumstances you would value a company too. Sustainability reporting is a little wishy washy but I had four questions on that so do take the time to memorise the reporting content, and in what circumstance you would disclose this info ie thinking practically rather than learning stages off by heart.

Fundamentally, it's a really hard paper, don't lock yourself in a garage with a running car when you don't get an exam, it does take courage to sit these papers, lots of people fail them and you can feel useless or stupid for a day or so after. But you have to be prepared to do things differently when you go back and revise after a few days feeling sorry for yourself, don't be tight, spend some money on more online question kits or masterclasses, sacrifice is the name of the game when doing these exams (in terms of time, money and effort), we all have lives outside of studying. Good luck and keep going!