Sometimes a paper which is somewhat neglected by students (perhaps on the basis that it is not as technical as CR), SBM can be a tricky exam which catches students out.
For SBM, you need to have good technical accounting skills to deal with the financial reporting elements (which can definitely be very well prepared for before exam day) ... but then you need to switch into "practical business advisory" mode for the more "think on your feet" business strategy elements of the question (which are perhaps harder to anticipate or prepare for).
Many students struggle with the combination of these different skills areas, particularly as the exam paper will not state how many marks are available for each element, making time management and prioritisation difficult!
However, at least SBM is an open-book exam, so you can at least take some hopefully useful resources (including ours!) into the exam with you.
Our popular SBM Exam Room Notes PDF publication provides alphabetically-organised, quick reference notes on all key SBM areas, including brought-forward FM content. Originally intended as a resource aimed at exam day (hence the name!), many students report that our SBM Exam Room Notes PDF was actually very useful in the pre-exam phase because they found it easy to locate the content. It seems pretty obvious to us that things are easier if they are alphabetical but unfortunately the ICAEW Workbook is organised primarily by chapter, so it isn't always so easy to use.
Our SBM Masterclass on-demand video course provides general technical revision of all key areas of SBM (financial reporting, assurance, FM, Ethics) combined with detailed Tutor Talkthroughs of past paper questions and answers, helping you to understand how to focus your time to get the marks. We will be careful to point out what you can remove from your answers as we know that the ICAEW SBM model answers are ridiculously long and so not humanly possible in the time available!
Our SBM Masterclass on-demand video course is provided with a full Pass Guarantee (which may seem brave of us since this is after all SBM, but with a 95% pass rate in 2021, 97% in 2022 and 99% in 2023, we are not too worried!).
We can also offer our Technique Improvement Service to review your Mock practice attempts to unlock further valuable marks through improvements in writing style, interpretation of the question and other factors.
Scroll down the page to learn more about our SBM offering.
To keep you engaged with our technical revision and exam technique lectures, our SBM Masterclass on-demand course includes interactive questions mixed into the videos. This ensures that you fully absorb the key learning points from each segment of the course.
Like all our Advanced Level on-demand courses, as we are so confident that our technique works, our SBM Masterclass on-demand course is provided with a full money-back Pass Guarantee. So provided that you purchase the course at least 3 weeks before exam day and that you complete all content at least once (ideally more!), we will provide a full refund of your course fee if you do not pass your exam in 2024!
Our SBM Masterclass on-demand course includes over 40 hours of video content, all carefully organised to focus on one element of the syllabus at a time, reducing overwhelm and helping you focus your studies.
Students who used the 2023 edition of our SBM Masterclass on-demand course had a 99% pass rate! So we have no problem offering a full money-back Pass Guarantee on our SBM Masterclass on-demand course.
Often, students do not achieve their full potential in an ACA paper because they have not been told how to write, how to manage their time and how the marking works.
Our Technique Improvement Service (TIS) provides detailed, personalised reviews of your attempts at ICAEW Mocks or past papers.
You will receive advice on how to shorten or lengthen your writing style to ensure that you are picking up the marks you deserve.
You will receive advice on whether you are allocating your scarce answering time correctly through our expert knowledge of the markscheme and how marks are awarded in practice.
To really drive home our advice, we will provide you with a 2-3 page Technique Advice Report on each paper submitted. This includes our popular "5 Top Tips to Improve".
I would like to express my gratitude to the team. Last November, I just used your books and the ICAEW Question Bank. Passed CR and SBM in a single attempt within 2 weeks of study (honestly and literally).
I'm hoping your Case Study materials do the trick - they usually do! BPT, FM, SBM & CR! I go to tuition with [XXXXXX] but find the materials you provide to be far superior!
I got my results for SBM on Friday and passed with 71%. Just wanted to say a big thank you for the work you did with me! It made me go into the exam much more confident and I think it showed in the results.
I found your advice and teaching really helpful, which helped me to stay calm in the exam and apply what I knew in a really pragmatic way. I had previously taken SBM twice before signing up to your SBM course. Pleased to say I have finally passed! Thanks for being a great learning provider – I will definitely be recommending your resources to others.
I am pleased to say I passed! I can’t be more grateful your team for all the help in the study materials and I couldn’t imagine a better way to prepare! I have been a loyal user of your materials (esp the Exam Room Notes) for the Advanced Level examinations and they’re SUPER useful (scored 81 for CR, 70 for SBM), so a HUGE HUGE THANK YOU to the tutors for the hard work and dedication.
Thank you! I am now a newly qualified accountant. I used the on-demand videos for CR and SBM which helped me pass first time. They really worked for me as a visual and kinesthetic learner, so going over many practice questions through the videos was well suited to my learning style. I have been recommending your course to my associates. Many thanks again!