• We are pleased to announce that the winner of our Feedback Prize Draw for the Winter 2024-25 session and winning £150 of gift vouchers is Zhao Liang Tay. Congratulations to Zhao Liang. If you fancy winning £150 worth of gift vouchers (from a major UK store) for the Summer 2025 exam sitting for just a few minutes of your time throughout the session, please see our website at https://www.acted.co.uk/further-info.html?pat=feedback#feedback-prize for more information on how you can make sure your name is included in the draw at the end of the session.
  • Please be advised that the SP1, SP5 and SP7 X1 deadline is the 14th July and not the 17th June as first stated. Please accept out apologies for any confusion caused.

ST5 Starting Point

J

justine otieno

Member
Hi,

I just wrote CA1 in September and though am not sure of passing it, I would like to start preparing for ST5 and ST2 in April. What are the major challenges that could come my way as I prepare for ST5 and also how is ST5 compared to CA1?
 
ST5 prep

Hi, I hope you get CA1. ST5 is quite like CA1 in many ways:
there are a lot of bookwork regurg questions, particularly in the early part of the course. These require you to memorise large chunks of core reading, and flashcards, or acronyms can be very useful. This is something that you can get started with even if you are not sure whether you have got CA1.
There are plenty of application questions which look similar to CA1.

But

There are lots of valuation questions and performance calc questions that require specific technique and good calcultor skills (not much of that in CA1).
There are higher skills questions that require you to be up to date with the financial press. So you need to start reading the papers on Eurozone crises, debt default and rescheduling, politics, .... This is not really required in CA1.

Hope this helps.
 
You must log in or register to reply here.
Back
Top