Preparing for EIS-SM Exams to Score Exemption: A Comprehensive Guide

Are you preparing for your EIS-SM exams and aiming for an exemption? This guide is designed to provide you with the most effective strategies to achieve success, ensuring you score not less than an exemption. Given that your exams are in July 2023, and you scored 67 in the previous EIS-SM exam in May 2019, you are certainly on the right path. Let's delve into the essential steps to ace EIS-SM.

Understanding the Subject

EIS-SM might seem daunting at first, but it is manageably challenging with the right approach. Many students underperform simply because of fear, but this is not an insurmountable hurdle. A well-planned study strategy and hard work can ensure you score an exemption. Here are the key strategies to guide your preparation.

Preparation Strategy

1. Start with Sm

Begin by immersing yourself in the study material for the System of Management (SM) section. Generally, SM is perceived as easier compared to EIS, making it a solid foundation to build upon.

1.1 Read and Understand the Theory

Start by reading and comprehending the theory in the ICAI (Institute of Chartered Accountants of India) material. Try to memorize the theory in the language of the ICAI material, as this is where the exam questions are often formatted.

1.2 Practice Writing Exams

If certain topics are particularly challenging, consider doing writing practice. This practice will help in memorizing the theory and understanding how to convey the information effectively. It worked for me, and it might benefit you as well.

1.3 Focus on Essential Topics

Avoid unnecessary topics from which questions cannot be framed. A thorough, single read of these topics is sufficient. Concentrate on case-based questions and those topics that can be crafted into case scenarios.

1.4 Pay Attention to Details

ICAI will often ask questions on features, advantages, disadvantages, and principles of each topic. Ensure you cover these aspects thoroughly.

Completing SM should take no more than a week, assuming you dedicate around 2-3 hours daily to it. Allocate the rest of your time to other subjects.

2. Transition to EIS

Once you have completed SM, move on to the EIS section. In my opinion, the 1st, 2nd, and 4th chapters are relatively easier. Focus on understanding and remembering them.

2.1 3rd Chapter

The 3rd chapter might be more complex, so it is optional to skip it if time is limited. However, ensure you study all other chapters in depth.

3. Last-minute Review

Prepare self-made notes or revise key concepts the day before the exam. These notes can include summaries, flowcharts, and diagrams that will help in quick revision.

During the Exam

To perform well during the exam, focus on the following:

3.1 Multiple Choice Questions (MCQs)

Aim to secure at least 25 marks in MCQs. These questions are generally easy, making them a reliable source of marks.

3.2 Confidence-based Strategy

Approach the questions you are most confident about first. Then tackle the ones you feel less confident about. Remember, the exam is time-bound, so avoid spending extra time on non-essential details.

3.3 Stick to the Marking Scheme

Do not indulge in writing unnecessary extra information. For example, if a question is worth 2 marks, your response should be concise, and focus strictly on what is asked. This approach ensures that you do not lose marks due to irrelevant information.

Conclusion

With a focused and step-by-step preparation strategy, you can confidently approach your EIS-SM exams. Remember, preparation is key, and a well-structured plan can make all the difference in achieving your goal of scoring an exemption. All the best!

Keywords: EIS-SM, Exemption, Preparation Strategy