Hello Jenish
Greetings of the Day,
I would like to help you out with all your doubts regarding taking the CMA Exam.
First of all, in order to move to the essay hour you need to answer atleast 50% correct MCQ questions within first 3 hours of your exam.
Once you submit the answers of all the the MCQ questions you will be allowed to move to the Essay Hour only in case yopu have answered correctly 50% MCQ questions.
Essay hour contains 2 Essays each having around 5-6 sub questions.
Questions in essay are mix of calculations and descriptive type i.e., you will be required to calculate certain ratios as well as answer some short question even you may be required to define the topic and other related such concepts.
Incase of any help please feel free to contact me back.
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Sushil Jindal
Financial Advisor
Batra Deepak & Associates India Pvt Ltd
Raipur Chhattisgarh (India)
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Original Message:
Sent: 05-03-2019 05:05 PM
From: Jenish Desai
Subject: CMA part 2 - essay questions
So when you took the exam, did it let you answer essay questions after you finished about 70 MCQs? Or it let you go to essay questions immediately?
and I'm worried too much about the essay ones cause I understand the calculation portion somewhat, but if the questions ask like define a topic and explain in detain and say advantage and disadvantage and explain how it affect a firm and all that.. I'm worried about questions like that.
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Jenish Desai
Student
Stephenville TX
United States
Original Message:
Sent: 05-03-2019 12:24 PM
From: Bingxu Chen
Subject: CMA part 2 - essay questions
Just finished part II 3 days ago, I spent 3 hours and finished everything. For my experience, assume 365 if it's not clearly stated, usually the question will tell you. Keep in mind, lots of time ppl use 261 days in the finance world(this have nothing to do with CMA exam though)
Original Message------
For what I hear, it's mostly analysis and recommendations from your calculations. Visit udemy.com : he does a great job at explaining.