Hi, I’m 44 and live & work in the UK, Whilst I’ve worked in finance & accounting all my working life, I’d had to do my studying in stages (I started AAT in 1989!!) and have had to fit it into various phases in life.IE I’ve had to give it up when work or family commitments have been the priority and I didn’t have the time or mental energy to study. Here I am now at age 44 and about to recommence my studies (at operational/management levels) in the hope that this will be one last final sprint to the finishing line in hopefully 3 years or so (assuming no other major life events get in the way). I just wondered if there were other people out there in the forties and above who are still studying and how they are finding the time to fit it into their lives.
I'm 41 and on the verge of Strategic level... (E2 pending at November sitting) and I started two years ago at Certificate level.
I find the demands of work during the week stressful when approaching exam time and prioritising work/family/study and dare I say it a bit of life can be very challenging.
However the benfits are worth it. I've progressed from assistant accountant to Head Of Finance and couldn't have done that on experience alone. Despite some criticisms and painful exam moments CIMA really does contribute to the modern business role and the network of similar minded professionals as support really adds to that.
Don't be under any illusions though.... it's a case of fitting in life with study... not study with life...
Good luck.
While I'm not yet in my forties, I'd also class myself as a mature student (38 and doing strats this November). I've found that often the perspective I have from a longer career to date helps when you're sat in the exam hall looking for inspiration, especially for the more discursive subjects.
Of course you do have the added complications of fitting the study around your existing work/family commitments as Barry says, but then we're also meant to be good at time management by this point (allegedly).
For me it's effectively impossible to study while my 3 yr old is in the house and awake, so the balance is achieved through weekend classroom study, getting the books out about 9pm (after bedtime and my wife has got home from her evening job) and then taking advantage of my employer's decent study leave policy to have a solid block of leave for the 2-3 weeks leading up to the exam, which I use to go to the library as if I was going to work. Hard work, but doable if you see the end goal as important enough
My advice? Go for it....
Hi,
I too am a mature student. I am 43 and was considering giving up after the November sitting as I thought I was wasting my time. I have passed P1 at first sitting but have failed P4 & P7 a couple of times each. Am now sitting under the new syllabus. I thought it was me that was struggling to fit study in and generally feeling tired after work. I have managed a couple of sessions at my local library but after reading this post it may just have spurred me on to continue. My only other problem I have with studying is I find it easier and more interesting if I have a study buddy to share revision and question practice with otherwise I lose interest too easily.
I think as the world changes, people are gojng to keep working beyond retiremnt age.There are many psycological benefits to doing so and with no great return on our pensions, there's even reason to keep learning & working.
One story that really motivates me is that i heard of a lady who (about 20 years ago), decided to start studying music (from scatch) in her late 50's.She enjoyed it so much she decided to study for a degree in music and in her early 60's she got the job as head of music studies at the University of London.
I think also that if we try to enjoy the physical act of studying then it takes the pressure away.If we can adopt tis attitude, ''studying is for life'' IE that regardless of how long it takes us to finish any one qualification, its doesnt matter as you are going to carry on studying at the end of this course anyway.
Some if you might not agree but it's just my take on things.
Have a great weekend every.Its gonna be cold so a great time to hit the books!!
Rob
Hi all just resurrecting my original post. I sat paper s E1 & F1 this week at the age of 45.
My fist CIMA exams since I passed the old level 2 in 2000.
I confess I don’t think I did very well and am expecting to fail. I’d forgotten how draining it all it is. Still it felt good to be ‘’back in the game’’ so to speak and I now remember how important it is to over the whole syllabus and to be confident in all areas. Still I’m going to have a week of then re-open the books for the September re-sit.
Anyone else out there in my age bracket who’s still a CIMA student?
Best wishes
Rob
Hi
I've just sat P2 E2 andF2 at the age of 47! I don't think I was the oldest in the exam hall but that might be an illusion.
Like you I find it incredibly draining, but also very stimulating and I hope to take the three strategic exams in November - If all goes to plan, I will qualify at 48 and I don't think its too old, it certainly helps with career development (I have just been promoted)
I would be interested to hear from anyone else in their forties or older!
Best wishes, Penny
I'm a mature student too in my forties and desperately need to qualify in 2012. Most jobs i've seen are requesting qualified candidates only and it's very frustrating especially when you have all the experience they require, so need to get qualified with the uttermost urgency.
Top priority!!!!!
Like the original post, I did AAT back in 1986 and stopped and started and got it under my belt in 2003. I started CIMA in 2006 and I hope (fingers crossed) that with my T4 results tomorrow, that I am finished. It has been a slog at times, between children, work, holidays (the lack of them) but I really have struggled and did not really know how to study and pass exams till I went to the Reed Business School where I met fantastic, interesting people and had no distractions. It has been a very expensive and draining hobby, but I must admit, probably the best suprise of my life was passing all 3 strat papers in one sitting. I am not used to success and I can still rememebr feeling so proud of myself and it has all been worth it. I got a great kick at being able to take part in classes and know my stuff. I have helped older and younger students and I have had students help me when I have had mental blocks. Over the years, I have never been the eldest in class. I am 45 now and although the majority are in mid twenties, there are still plenty of fossils out there who can bring experience and common sense to various issues, rather than learning facts verbatim.
Anyway, to all you "mature students" out there, stick with it, it is worth it... I may quantify that statement tomorrow.
Hi
Been reading the mature student posts & think so far (per this thread) at 49 yrs young I'm winning??
Hoping to qualify later this yr & just beat the big 50
Got to be done - Can't get interviews despite 25 yr experience
Anyway - there must be someone out there older than me?
mac
How did every do?
i got 56% in E2 but failed P2.
Let me know
hiya
Just scrapped through by the skin of my teech.
E1 - 50% and F1 - 52%. I'm so releived as its given me a boost otherwise it would have been so hard to pick up the operational level books again especially E1 which i didnt really get.I'm so releived I've got exemption for E2.
Gonna do just one paper in November and i think i'll do F2.
Good luck & well done to everyone else.
Rob
Dear All
I am new to the discussion but was very touch by the original post and all of you who support each other under this mature student.
I am not in my fortie yet but nearly there (slowly but surely) I found CIMA difficult as for the subject itself as well as English is not my first language.
My first exam was in November 2006, I failed P1 & P2 (old syllabus) 3 times, I pass P4&P7 first time. I was nearly give up but decided to fight through, sometimes it get to the point that I think I cann't go on any longer the pressure was too much.
I am now have only 1 paper to do at strategic level. I am pround to study CIMA and will soon be qualified but it has cost me a lot (time, money, energy and confidence).
I was ashame that I did not pass every papers first time but now realised pass it all first time doesn't mean you will be successful in life or career, the aim is to qualify.
for those mature students cheer up and fight your way through, I am sure the end result will do you pround and great success.
Good luck every one
NW
Hi all, its good to read there's others out there too! I am 40 and got the certificate a couple of years ago (it has definitely helped me get jobs) and am looking at doing the diploma now. Also have two mathematical degrees from Bristol so can't be bad I suppose!
I am a mom too and wanting to work only part time for the next two or three years is really quite restricting in terms of jobs (very annoying that employers aren't more flexible!!) but I'm hoping when both my kids are at senior school and I am prepared to work more hours, I can make up for lost time and my career will fly again!
It was nice to read above about the lady who got the job at the Uni of London.
Have any mature students out there got any examples where taking CIMA later on in life (i.e. late 30s on) as helped them in their career? This would be great to hear and an encouragement!!
Good luck to you all in your studies.
Hi Kate
Many thanks for your post. It’s Rob here (the originator of this post).Well done you for getting on with CIMA and I understand your frustration about finding part time work. My wife is finding the same problem and I can’t believe that companies are not more flexible. There are thousand of mums who would love to (and need to work to work) if only employers would understand the demands of family life.
I think in general anyone can’t fail in enhancing the credibility by studying at any stage in life. It’s not exactly what you were looking for but I’ll tell you about two stories that really motivate me and give me hope for the future.
I don’t know her name but I heard about a lady who started studying music in her later 50’s.IE GCSE then a-level then in her early 60’s she did a degree in music. Then at something like 67 years of age she became head of music studies at the University of London. About 15years ago I had to learn a bit of Russian for my job and I started having 1 -2 -1 tuition from a lady who lived local to me. Again she had started studying Russian from scratch at age 58 and ten years later she had the master degree in it and was acting as a blue badge guide for Russian visitors and was organising educational trips for Russians and was totally immersed in using the language for good causes and for a living. So I think the moral is that we should never stop learning and studying. There will always be a positive reason to do so including keeping our brains working which is good for our general wellbeing!! Take care.Rob
Hi Rob, We did email a year or so ago.
I too am 45 this year and have finally passed E1 under the new syllabus.
I've been doing CIMA on and off since 2007 for one reason or another.
I'm determined to get as far as i can but also struggle to get enough studying done after working all day. The other problem i have is that my employer doesn't really support me that much and with no financial help i really am going to struggle once i've finished operational level.
I'm gradually learning new skills at work but feel i have skills gaps so am struggling to secure a new role with another employer. I get quite a few calls from agencies to discuss my CV in details but as I don't have much balance sheet experience and no accruals and prepayments or fixed assets it seems to put people off. I am quite willing and sure i am able to learn these.
I'll keep plugging away with CIMA and trying to learn new skills and maybe one day i will be lucky.
Thank you Rob for the encouraging words. I also have a friend who is a dentist and is now 44. As she studied abroad she had to re-do quite a few qualifications before she could practice here. She has studied hard and got really high marks and continues to study in her speciality, getting the highest marks and beating all the 20 somethings. She is now in demand and doing very well for herself. She encourages me to keep on studying! All this is done after the age of 40 with 2 young kids, she's bionic (and speaks at least 4 languages fluently)!
Where are you up to now in your studies?
Best of luck for them. And good luck to the previous poster too.
Kate
Hi Kate and everyone
Hope my story was inspirational.
I passed the operational level in May last year and am now on the managerial level.I'm exempt from E2, but failed F2 in November.I plan to re-take in May, i've just started working on P2 as well (I'm teaching myself) but i'm finding it hard going so i might defer that until after i've passed F2.
Best wishes and good luck to all
Rob
Hi All,
Just wanted to know how everyone is doing with their studies?
Let me know.
B
I am 36, and have just passed my T4 (b) in March (5th attempt). It was the most time-pressuring CIMA exam. I felt I was not quick enough when comparing with other under-30 students. I don't think I could pass it if I was 40. I knew I could not get high marks because I did not work fast enough to produce over 3,000 words report within 3 hours (my report had 2,400 words but passed).
I'm not trying to scare other mature students, but T4 is really tough.
Whilst true that T4 is the most time pressured exam I have done, the more you practice the faster you get. I factured in that I'd be very nervous, probably block a bit and wouldn't have slept very well, so I wouldn't lose confidence on the day and expected to feel this way. I passed at age 42 on second attempt and actually think I'm faster now as I'm more motivated and willing to push self harder. Trying to recreate exam conditions was key for me. BPP were also very good in breaking the report down into minutes and then it was simply a matter of monitoring self against these timings