Exam focus – the pre-seen example for the November 2010 Strategic level exams BPP subject specialists Doug Haste, Dave Halford and Daniel Clark examine the preseen case study intended for the Nov 2010 Ideal level exams from the viewpoint of each in the three documents (E3, F3 and P3) Since the intro of the new syllabus in-may 2010 CIMA have utilized a pre-seen case study since the basis pertaining to the 50 mark Section A question in each of the 3 Strategic level papers (E3, F3 and P3). In this article we will begin searching at the aim of the new pre-seen case study prior to going on to assessment, from the perspective of each in the Strategic level papers, how the preseen information was used inside the May and September 2010 exam sittings and the particular key issues are inside the latest pre-seen. Purpose of the pre-seen It is crucial that you recognize that CIMA do not expect significant amounts of your time being tied up in researching the industry. This could wait until another stage of your exams – the T4 Part M Case Study test. Under the older syllabus the practical scenario was just revealed when needed of the genuine exam. By providing you a pre-seen example, CIMA try to ensure that not any candidate is put at an advantage or perhaps disadvantage by way of a level of familiarity with the market involved in the functional scenario. All candidates will now have time for you to ensure that they have a basic understanding of the main issues involved in the example before strolling into the examination. If PUNTA had expected detailed examination before the examination, they would include given you entry to the pre-seen material very much earlier than 6th weeks prior to exam, which will deliberately restricts the amount of period you have to research the pre-seen. The latest pre-seen In the latest pre-seen we are provided with details of DEF -- a European international airport operator located in a country outside the Euro region; it is owned or operated by a volume of local condition governments. We would draw the attention to Stansted airport, which is owned by a number of local authorities and also to Leeds Bradford airport terminal which was publically owned right up until May 3 years ago and is of any similar size to OUTL. Although extensive research is not necessary, we would motivate you to build some understanding of the issues these airports have got faced, such as: the issues that caused Ryanair to withdraw most of its flights from Manchester airport terminal in 2009, plus the difficulties that there have been in extending the vehicle park features and its current development plans the sale of Leeds Bradford airport to get £145. 5m in May 3 years ago
A useful link is usually http://www.manchesterairport.co.uk/manweb.nsf/Content/AboutUs, it will also be useful to research the Manchester International airport Group about Wikipedia. There are many of content on Manchester Bradford International Airport on the BBC website. The complete text from the pre-seen can be found at www.cimaglobal.com/strategicpreseen; you will have to read the pre-seen before studying the remainder of the article.
F3 Monetary Strategy Examination perspective In the earlier pre-seen, created for the May and September 2010 exams, it truly is fair to say that the pre-seen data was of limited importance. In the May 2010 exam the primary theme was whether to take a position locally or perhaps in the USA; the pre-seen acquired in fact mentioned that Asia and Africa were the likely areas of expansion. Inside the September (re-take) exam, the main requirement was going to evaluate the price to pay for the acquisition of a ecu company; the details in the pre-seen were relevant to part biii (for doze marks) because required an awareness of the financial institution covenants the company experienced. However , even here the covenants were re-stated inside the exam problem. It is unclear whether the pre-seen will continue to be of limited importance to the F3 exam. Inside the pre-seen that relates to the November test sitting, there are certainly even more numbers than in the previous pre-seen; these figures may not be essential but they absolutely flag a number of areas that...