I am not sure when I first met Tom but it was certainly early on in his studies. Tom was not your typical accountancy student, he was slightly older and perhaps more reflective, the two points may be related. Students studying for professional accountancy exams are probably around 25 and focused very much on looking forward, not back.
Tom started his exam journey in November 2009, his first 2 papers went well and he passed them first time. You need to pass 10 exams broken down over three levels if you want to become a member of the Chartered Institute of management accountants (CIMA). Boosted by this Tom decided to sit the next 4 papers all at once, something he now thinks was a mistake, he passed just the one. By the end of 2011 however he had passed the other 3. That was 6 papers and two levels complete, Tom was back on track.
“Even though the ship may go down, the journey goes on.” – Margaret Mead
2012 was not a great year for Tom on a personal level which almost certainly had an impact on his performance in the exam room. As a result the whole of that year went by with only one exam success. Between 2012 and 2013 Tom sat one of the remaining papers three times and the other one six times, to quote Tom, that’s six, count them 1…..2….3…..4…..5…..6….. He finally passed that paper in November 2013.
It’s probably worth pausing at this point, how would you feel if you sat an exam twice and failed, let alone 6 times. At this stage your biggest enemy is your own mental attitude. You begin to question your ability, your intelligence and even your choice of career. On top of this is the boredom and stress of having to study the same exam over and over again, trying to do something different, fearing if you don’t you will get the same result. And of course as many of you will know when you are studying your life is on hold, making decisions about work, family/friends is difficult as you need to put your studies first.
In fact Tom did consider giving up, but there were two reasons he didn’t. One the support of his teacher, Maryla who remained positive throughout whilst working with Tom on what he needed to do to improve, and two Toms stubborn attitude, his determination and desire to get something good from all the hard work he had put in so far. To quote Tom, “all I kept thinking was I have lost so much because of this bloody course I have to get something positive from it.” When Tom finally passed that paper he felt excited, and as if he had slain a personal demon.
“Adversity causes some men to break; others to break records.” – William Ward
With only one paper to go Tom was still to face a number of challenges, and it was far from plain sailing. Knowing a large amount of detail was essential for the earlier papers, now it was all about the big picture, prioritisation and time management.
He was told that gaining the qualification would open doors … So he imagined an open door, on the other side were green fields, money, cars, holidays, being the boss. This focus really helped motivate him to see it through. He passed his last exam on the 29th of May 2015.
It had taken Tom 6 years, in which he had sat in the exam room approximately 22 times. This is not the story of someone who always knew he would pass, destined for success nor of a naturally gifted student who simply needed the right motivation to bring out his talent. This is about what you can achieve if you are willing to make sacrifices, give everything you have and learn from failure.
Congratulations Tom you deserve your success.
Hi, I just want to say I understand Toms pain and his journey, I started CIMA in 2009 and passed my first two exams then hit a hurdle and finally passed SCS on May 29th 2015. I have since found out that many people didn’t expect me to return to studies after giving birth but as hard as it was to leave my gorgeous baby, I did and now she is nearly two, I have plenty of time to spend with her.
What a mental challenge, giving up my weekends with my baby and husband for CIMA, now I just want to reap the rewards.
This e-mail makes me feel better, like I was not the only one with the struggle.
Portfolio Hedging Analyst