Failed Practice Management Exam Twice Now. Need Advice
Hi everyone,
I just left the testing center with my second fail for the practice management division. I have passed PjM, CE, and PA on my first try but something about this section vexes me. I felt very confident about my concepts and ability going into this for the retake, and seeing a second failure was incredibly disheartening. I am questioning if this hazing is even worth the license, especially because I felt good about the material and still failed.
I am still waiting for my scorecard because I took the exam just a few hours ago.
I have watched the Schiff Hardin lectures, I have completed amberbook's professional practice section twice now. I have done quizlet flashcards, I have read the AHPP. What am I supposed to do to pass this thing??
Thanks
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I would wait for your score report before making a course of action, unless there are concepts and items you know to improve on (business structures and limitations/applications, financial formulas and how to apply them, various financial terms and knowledge of them) and the general targets a firm should aim for to be successful as a business.
It's a tough exam, and all of them are difficult and meant to be. Failure is built into the process. You've passed three other exams already and this is part of your path, and everyone's is different. Go over all the suggested references in the ARE 5.0 matrix, create your own physical flash cards to write down the concepts and put them in your owns words to understand, and ultimately don't give up, good luck!
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For this exam and PjM I have been using AmberBooks and Hyperfine as supplemental information + the AHPP sections. Hyperfine explains the calculation portions very well on their YouTube channel and I like their tips on how to study and focus for the right content.
I need context about topics when studying so after watching all the AmberBook PcM and PjM content, quizzes, and flash cards, I re-read my handwritten notes and have looked for the quiz topics that I am not doing as well in to read the associated AHPP section again. This has been a study strategy that has worked well for me. One of my coworkers also recommended reading through all the CE flash cards as well because that content also overlaps with these two tests.
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Focus on active recall learning. Practice as many practice exams as possible. Simply consuming information isn’t enough. You must be able to digest it (taking notes in your own language) and actively practice recalling (using flashcards, quizzes, and practice exams) to build your test-taking stamina. I’ve documented my evidence-based learning techniques for preparing for the ARE in my Arniko Academy Blog. All the best!
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