Lynnel is our CIA exam blogger from the Philippines. She writes every Friday.
It feels great that a lot of readers gave their “congratulations” as I passed CIA exam part one and part two. I want to give my sincerest thanks to everyone who did. I appreciate a lot.
As my journey starts for Part 3, I can say the struggle is real. The coverage of Part 3 is double that of Part 1 or Part 2.
But then, I feel like I am at an advantage because I combined reviewing both Part 1 and 2, and included in my previous review some parts of Part 3 (Governance, Risk Management and IT). I believe it is a good preparation, helping me not to be intimidated by the Part 3 material.
It has been Stressful
In my first week of review for Part 3, I experienced a lot of anxiety, stress and worry because it seemed a lot of topics were new to me. Part of my anxiety was to decide if I will continue to study full time, or to work while studying. To be honest, it is hard to deal with anxiety and stress. There comes a time when I overthink and lose focus in my review.
Good thing that I have my family and friends who offer advice and for me to ask for their opinion. Also, to reduce anxiety and stress, I pray a lot for guidance and meditate. I’ve already made a decision and through praying and meditation, I find peace and can retrieve my focus on my review.
My Study Strategy
I mentioned in my previous blog post on planning that I have three stages of reading: familiarization, understanding and retention.
On familiarization I have to read and summarize or to make notes on the topics.
Based on my CIA study planner, I have to complete five topics for this week. The topics are:
- Risk Management
- Organizational Structure and Processes
- Business Processes and Risks
It looks a lot for a week, but I am spending almost my entire day, in fact, 8 hours a day on my review, Mondays to Fridays.
Governance and Risk Management
According to the Part 3 post on this site, Governance and Risk Management is a hot topic in Part 3. It also seems like Gleim is not sufficient for this topic.
In my experience, Gleim explains the topics in the simplest way possible but as per advice I have to read some practice guides to get a good grasp of the concepts.
I was surprised at the topics on organizational structure and processes, business processes and risks as well as communication because I have encountered some of them during college days, specifically in my course on management and the CIA review.
It seems that our program in college aligns with the CIA exam outline. I will take it as an advantage.
The first week of my review is a success and it seems a lot of challenges are along the way. Challenges make us stronger and better! (credits to the owner)
Note from Stephanie
Yes, Part 3 is a beast, but you have a pretty good foundation from the Part 1 and Part 2 preparation. You’ve got 8 hours of daily studying time. Luxury! I am sure you will be fine.
Keep up with the excellent work!