Preparation Strategy for Elective paper-6A Risk Management by CA Aaditya Jain

The Risk Management paper in CA Final examination is built around applying risk scenarios to business. Many modules in this paper are from the post-qualification courses in insurance and risk management offered by ICAI. The subject is close to Auditing, Strategic Financial Management, and Actuaries, Quantitative methods, corporate governance, and various risk models. It is essentially an extension of the assurance subject.

CA Aaditya Jain having teaching experience of more than 15 years discuss some points to be kept in mind while preparing for Risk Management. We need to cover all the topics for the preparation of Risk Management. The topics under the subjects are discussed below:
• Introduction to Risk
• Source and Evaluation of Risks
• Risk Management
• Quantitative Analysis
• Risk Model
• Credit Risk Measurement and Management
• The risk associated with corporate governance
• Enterprise Risk Management
• Operational Risk Management

Preparation Strategy for CA Final Risk Management
• Studying from multiple study materials will only create confusion and increase your burden. It is suggested that you choose the ICAI study material and Aaditya Jain’s class notes, which are more than sufficient for exams.
• This subject is a bridge between theory and practice, so while studying, you will need to link theory to real-life business scenarios to derive proper conclusions and retain the concepts better
• If you are having confusion what are the important parts of any particular topic, Open Aaditay sir’s handwritten notes and refer your problem, you’ll get the solution.

Important Points to note:
• Always write and practice.
• Learn Point Heading and write.
• Try for Mock Exams by ICAI and different faculties.
• Use Mnemonics Technique to Memorise Headings
• Make sure to make notes & mark all your doubts while watching the lectures.

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