One Thing To Avoid & Three Tips To Prepare ACAMS Examination

How Not To Forget What You Have Learnt Yesterday And Maximize The Efficiency Of Your Studies

Introduction

If you find this article using the phrases ACAMS past paper you are probably one of the candidates that will take acams exam soon.

ACAMS is, in fact, the association of certified anti-money laundering specialist. Do not provide any past exam papers, the reason is obvious, they do not want their exam bank being revealed to the public and memorize all the questions

In this article, I will also share with you one thing to avoid when preparing acams exam and tips on how to prepare acams efficiently and strategically. The last tip is my favorite and helped most candidate to increase their passing rate in the exam

What to avoid when preparing ACAMS

First thing first, I am sure you have heard this many times before, “this will appear in the exam” therefore you might want to highlight them.

Highlighting is one of the stereotyped methods to study. Advanced “Highlighter” often have 3 or even up to 8 different colors and after the few hours of study. Their book turns into a colorful Picasso painting. Hoping they have emphasized the important information from the file and can remember them. You know clearly what the result is, items being highlighted merely turned from black to a colorful box but are not memorized by your brain. What worst? You cannot bring your highlighted, colorful painting to the exam room. So why waste all the time, open the cover of the highlighter, carefully underline to words, close the cover and open another highlighter… and until almost each and every words or sentence is highlighted?

Now, the reason why the majority of students highlight their textbook, study manual was because they worry they forgot what they have read or learned. Further, they simply do not know any better way to memorize items and to use a systematic way to study.

It’s not their fault because that’s what our education system taught us. We are being told to look at the information again and again and pay attention to words we read.

In ACAMS exam, you will not face fill in the blank type of questions, they require an in-depth understanding of the underlying concepts, able to view the whole study manual as a whole and sometimes requires some hands-on experience and not so common, common sense to tackle the exam.

The Best Way To Study ACAMS

To prepare acams, your work experience does matters but like all examination, the strategy in preparing the exam values more than your hands on experience which is why so many veterans in the field fail.

The Memory of Loci

You will notice there is much different organization name, AML bodies and government entities doing very similar work in tackling AML examination. There is also many different functionaries and duties among them. You will be tested to categorize their differences and questions are not a simple single choice, selecting one option wrongly, will have that question mark as wrong.

In this article, we outline the basic concepts of the ancient Roman memory of loci and how to apply it in ACAMS examination. In the simplest term, use your imagination and it will imprint a strong memory for your brain to remember it as a long term memory

 

Start practice questions as soon as possible

Which method is the best? Read the whole acams official study manual once and start practice questions or should you start practicing once you completed reading chapter one? In our research and years of experience, it is always the best to start practice questions immediately.

There are three major reasons

Clear the concepts by chapter before you move on
All contents are more or less related. There is a reason why chapter one is in chapter one. Although it is not a novel and story alike, which you have to read from the start to the end. But this is also equally important for you to have a sound understand in one chapter before moving to the next. Otherwise, you are merely wasting your time as unclear concepts compiled together and mix yourself even more. As an extreme metaphor, you need to know the basics of math, I.e. algebra before heading to advance mathematics. Do you see what I mean?

Don’t make yourself bored

Let’s face it, Acams are not a fiction novel, it is not fun to read. Information is packed and condensed and requires a lot of attention to comprehend the information. If you read them all at once (even in a week), you are like putting 10 Big Macs to your belly a day or eating a burger each and every day for one week. Not healthy.

It will make your brain bored and when your brain is bored, nothing goes into your head. Nothing being read or study today can be remembered. It is advised to start practice questions and turn your brain into an active state.

know what you don’t know
Ignorance is not knowing something; what worse than ignorance is the ignorance of not knowing that one is ignorant, that one does not know.

What does it mean? You thought you read the acams official study manual line by line, you know all the content to prepare the exam. But the scary part is not knowing what you have missed.

Taking practice questions and let the questions test what is missing in the puzzle. So you can prepare the acams exam systematically.

 

Spaced Learning System

Now come to my favorite part. The SLS or the spaced learning system. It’s not something very technical and impossible to implement and in fact, that’s something you have been doing for years and daily. Now, if you are asked to call your parents, siblings or your best friend birthday or mobile numbers. Can you recall them? Yes! Why is that? These are some random numbers and you have not “highlight” or put them into the flash card to memorize them.

The truth is, SLS implemented naturally. Every time you or each year you celebrate their birthday or call them, your brain has neurons formed. Next time you recall the information again, you reaffirm your memory again.

It’s like remember information and turn them into a long term memory without any effort right? So how can we implement it in handling acams exam? You can build your own practice questions or notes and systemically take these notes out in a specific interval, but that will take you a lot of time. CAMSExam formulates our enormous practice questions bank in a way that you can practice with our quiz sequence and you will be able to leverage the SLS strategy. Questions in similar concepts but completely unique will appear to help you to develop a long term memory to quash the acams exam.

Conclusion

Thank you very much for making this far and this also proves that you are a dedicated candidate and really want to pass the ACAMS exam on your very first attempt.. You may also check out our free exam tips and format for ACAMS here

Please remember to share this article with your friends and colleagues who will also take ACAMS exam soon. Let them know you are thinking about them and want them to success too!

To your success

Facebook
LinkedIn
Twitter
WhatsApp
Email
Picture of Hannah V. Rucker

Hannah V. Rucker

Hannah used to work in the AML field in a financial organization. She's now an agent in CAMS EXAM in examination team. Consolidating and reviewing CAMS EXAM questions bank and study materials.