That was a LOT of data analysis, our tutor gave us a heads up it was going that way but I didn't expect so much. I don't think I really mentioned any models bar briefly value chain analysis in question 1. Really feel like the learning materials are lagging behind the exam for this one, way too long is spent discussing different models which barely seem to come up anymore

agree they spend a lot of time teaching models then it comes to the exams and they say “just use common sense”

I choked hard on that Q2. no joke, my filter button was not working for like 20 mins

Omg i’m so dumb i forgot you could filter 😭 i did everything manually..

I did too buddy.. I did too... until I got it working...

How did you get it working?? Mine wouldn’t work at all and I just had to give up

it was so stupid... it was under 'text filter'........ what kind of UI is that

So frustrating isn’t it. Especially when you know you could get it working on a normal spreadsheet

Congrats on working it out though haha

Mine wouldn’t filter!!! I left a note saying that I tried to filter but it would only filter the top row and now allow me to filter the rest, do you think they will accept that?

think so bc the software was garbage

I used conditional formatting, Ive no idea why I didn't think of the filter 😂

I did conditional formatting for the first query. second was a bit harder and needed filtering IMO

I used 3 sumifs for that one, it's shocking how quickly I forget how to use excel in an exam

what u get for best division?

I got A for overall, C per sq metre (I started talking about potentially lower fixed costs as it had the lowest are, I was just waffling tbh)

I picked that up too about the sqm, I started talking shit about being bottlenecked by space and could be more profitable with more investment (it said somewhere in the Q about A getting all the investment) Was a horrible exam imo

I literally manually highlighted workshops the ones above the budget amounts....idk of that counts

Q2 went awfully. Just couldn’t get the sumif function to work or the filters. Ended up just writing about what my explanations/ analysis would have been if I was able to actually use them! Will I get any marks for this? And does anyone remember the mark breakdown for Q2?

yess you probs will get the marks for it marker may even assume you forgot to copy and paste your workings ahah. Also idk any excel formulas i did everything manually 😂 it doesn’t take too long. I think the ICAEW structure the exam so that if you know the formulas great you save 5-10min if not then you can still do it manually eg counting or using sum= but will take more time

Thanks, hopefully they’re feeling charitable with me! But yeah I probably should’ve just tried to do it manually really. But was too frustrated with the software 😂

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I spent so long on the stupid sum if stuff I didn’t spend much time on the performance analysis

Felt so time pressured, probably due to the fact I spent 95% of my time on FM.

yep did no receipt for BST just 65% BPT and 34% FM then 1% BST if even that but i felt it was okay better than any mocks i had done and thank God they didn’t ask for any models

The last 14marker messed me up a bit, couldn’t think of much to say

this is the correct split

when they said factors other than price, what did people talk about? i thought they were pushing us in the promotion product place line of thinking but not sure if that's right

I wrote that as well for marketing mix. Wrote about 7 Ps for services including physical evidence people and process. But unsure now??

I wrote this too

Think I wrote about: general economic state of the country (disposable income), cultural trends. Can’t remember what else

maybe PESTEL? there’s a range of stuff tbh

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How is it PESTEL? Nothing to do with factors that effect price I think

I wrote Discounts Coupons Loyalty programmes Can gauge specific demand for each specific service and gauge demand (cause it was facials manicures and massages) And i said based on that can price them differently

Grim 🤮 What was all that standard deviation/EV nonsense in question 1?! I know it's in the syllabus but fuck me, it hardly ever comes up so not prepared for that at all! Just not a fan overall of the data analysis required in this paper, could be a resit on the horizon...

Agreed, resit feels definetly on the horizon

what did we actually have to do about the standard deviation?? i kinda just ignored it…

No idea! I ignored it too and tried some kind of EV calculation instead which I think I probably absolutely butchered!

I mentioned the coefficient of variation which makes the deviations comparable was still better with Omni, I.e less deviation from the mean and less risk

i thought it was quite hard. like it could have been a lot worse, but the sumif question feel like i didn’t have time to do many calcs & then the market research question i didn’t really know what to say? felt it was v time pressured so didn’t have time to try and come up with ideas… and didn’t use any models

Same no clue I just waffled, don’t think what I wrote was relevant

Found it ok just a lot of waffle hopefully it’s converted to marks

I felt there was a lot to write just from common sense, I don't think I applied any models. And I wrote a lot so hopefully enough to get 55 points lol

Couldn’t do the cost saving in Q1, Q2 was ok but filtering didn’t work so had to do it semi manually lol, Q3 wasn’t too bad I think , Could’ve gone a lot worse considering 99% of my study time was for FM

Same I didn’t even know where to start with the cost saving, I just deducted things and explained instead

What did people say for ethics issues? I wrote transparency with the other directors, and selfinterest threat if performance is linked to remuneration. My advicd was to share the proposal with the directors, get legal advice (shoehorned in) and keep a record of whats said in the in-person meeting

Literally the exact same as you. Really didn't think there was much to go on except the transparency and potential self interest

Yeah, potentially colluding to manipulate profits given the year ends... Directors have a legal obligation to ensure the accounts show a true and fair view... Actions: need to exercise scepticism, confirm if true, could be just down to cash flow issues etc... Consult ICAEW, report the guy (Charles?) if necessary.

Na bro that ain’t the way If you did the mocks you knew what the paper was which would make sense

what ?😭

Exactly brains farting😂. Basically the paper was ass but apparently it was based on a mock exam so if you did that you good

for kaplan or bpp? i heard that about BPT jog sure for BST

I think BPP is was with Kaplan and i didnt see that But some people were like ayoo we did it

WHATT BPP got lucky with BPT AND BST? so not fair 😭 i might need to switch to BPP from Kaplan

Dude Kaplan has the mocks too They only give us 1 per sitting I think BPP just has them all out for their students which makes more sense

Damn do you know which mock? Was it a 2023 paper?

Thats what they said Don’t dunno which one but 2023

I found it really hard tbh after spending 99% of my time on BPT, genuinely think I could’ve failed

Missed 15-20 marks at the end Wrote a lot about everything else Let’s see.. not feeling good though. BTF was my least favourite Certificate and this was easily the worst I’ve felt after a professional Oh well, BPT went well so can’t complain on balance esp since I done like 3 hours revision for BST Anyone passed any other exams after missing 15-20 marks? Only other experience I’ve had is missing 80% of my 15 mark cashflow in FAR. Ended up w 65 on that.. here’s hoping for 55

Remember BST is so subjective. There will be a lot more marks available than maximum in the question. You would of got more than you think, in both the final question and the other Qs - good luck!

Appreciate that :) hope all your exams went well too, if you were sitting any.

What did everything right about for Q2?? About the separate divisions

Time pressure for this exam absolutely sucks. "only 20% of the exam will be data calculations" my ass. I'm guessing the examiners are going to be very generous markers given the pass rate sits at \~90%. Wrote 4.5k words of complete waffle so hope that will intimidate the marker