How to make notes of theory subjects

 

HOW TO MAKE NOTES OF THEORY SUBJECTS ??

Hello guys, how are you? I hope you all are fine.  STAY HOME AND STAY SAFE. Today we are going to discuss how to make notes of theory subjects. So without wasting anytime let’s get started.

 

The funda is very clear. “WE LIKE OUR OWN WORK MORE THAN THE WORK OTHERS”. Same concept applicable here. How!!!!  Like if you have your own handwritten notes of any subject, you will revised that subjects from your handwritten notes because you prepare that notes as per your understanding and obviously  in your language.  Look I am not saying that you must made notes of every subject with full detailed explanation. I am just trying to say that just note down the crux of topic or IMP topic into separate sheet or in book in your simple language. It will increase your grasping capacity. And with the help of notes you will revise that topics 2 to 3 times faster.   ( By reading this you all say in your minds we know all this just come to the point : how to make notes of theory subjects ) hahaa ha  bad joke right! Lets come to the point.

 

Mostly every student make their handwritten notes, but sometime they feel like it is the repetition of topic or re-writing the same thing.  They don’t know how to note down the crux or short points in simple format.

 

Let’s understand with example. In CS professional programme. There is subject called GOVERNANCER, RISK MGT., COMPLIANCES AND ETHICS (GRMCE).  Fully loaded with bunch of theory. And some topics are boring also. 

 

In GRMCE 1^st chapter is conceptual framework of corporate governance.

In the starting they gave introduction of corporate governance (CG) like, what is corporate governance and all.  I am here attaching module page so you can see it properly.

(GRMCE- SOURCE ICSI MODULE)

In module they explain it very deeply. And in exam if question comes what is corporate governance for 5 marks?? Will you explain that page in copy to copy manner!!! Of course not right. So what will you do is you will just write the crux of corporate governance.  How we will note down the crux or concept of corporate governance. 

 

First of all give reading to that particular topic ( in our example that is corporate governance). And while reading highlight the important line and keywords. And note down that IMP line and key words in separate book. (with the help of keywords you  can frame your own sentences.).

·        Crux of corporate governance: corporate governance means a set of system, standards, policies, procedures; practices put in place by corporate to ensure that relationship with stakeholders are maintained in transparent and honest manner.

·        Need of corporate governance: for the long term success of company.

·        Responsibility : the responsibility of corporate governance is lies with BOD/governing body of company.

·        Essential of good governance :

ü Value addition to the stakeholders

ü Safeguarding the interest of shareholder.

ü Promote investor confidence.

·        Corporate governance has broad scope. It includes both social and institutional aspects.

·        Corporate governance means to steer an organization in the desired direction by determining ways to take effective strategic decisions. It also deals with accountability of the individual through a mechanism which reduces the principal-agent problem in the organization.

 

Ø Points to be noted:

·        Note down the crux.

·        Make flowcharts of procedural topic

·        Use sticky notes.

·        Draw big chart for IMP sections and put on wall or near by your study table

·        Make memory topic for certain imp topics.

·        Put statistical data in tabular format.

·        Here I am attaching few CHARTS ( FOR REFERENCE PURPOSE ONLY)

·        TO DOWNLOAD                 CLICK HERE

There are so many topics which are  lengthy but not catchy and sometime the language or formatting of that topic is not proper (like in para format) So how you will manage that topics!!!  The answer is simple break paragraph into small sentences.  I will show you how.

Let’s take example of stakeholder engagement chapter 9 CS proff. GRMCE. In module they just normally put in para form.  You can break the paragraph and convert into point manner. I am attaching pdf.  So you can understand in better manner. To download pdf click here :

In fact for certain important topics you can make memory technique. But remember make memory technique for most IMP topics only. Do not make for all most topic otherwise you will get confuse.

 Here I will show 2 memory technique of  2 different topic:

1^st is duties of independent directors:  KEEP public sector undertaking ( P. S. U) to  ACT WITHIN THEIR AUTHORITY, otherwise we will REPORT and PSU will PAY penalty for UNFAIR OBSTRUCT.

 

·        KEEP:  keep themselves well informed about company.

·        P:  participate actively in the committees of board in which they are member or chairperson.

·        S: seek proper clarification or information and where necessary, obtain professional advice from external sources.

·        U: undertake appropriate induction and regulatory update and refresh their skills and knowledge with company.

·        ACT WITHIN THEIR AUTHORITY: act within your authority; assist in protecting the interest of company, shareholders, and employee.

·         REPORT: report about unethical behavior, suspected fraud.

·        PAY: pay sufficient attention before approving RTP transaction.

·        UNFAIR OBSTRUCT: not to unfairly obstruct in the functioning of company.

 

 

1)    2^nd topic is Principles for responsible investment (PRI):

·        Memory tech:     Investor wants to file case against company they go to lawyer firm and ASK  ADVOCATE  TO  SUPPORT  and  ENCOURAGE,    then ADVOCATE  FILE the case, PARTICIPATE with full josh and ENGAGE with investor. Then investor went to CS and ASK 3 TIMES,  only  2  CS gave  SUPPORT,  1 CS didn’t  COMMUNICATE. AT the end investor got 3 type of Disclosure

·         

Principle 1: We will incorporate ESG issues into investment analysis and decision-making processes.

Ø POSSIBLE ACTION : ( ask advocate to support and encourage.)

v  ASK :  Ask investment service providers (such as financial analysts, consultants, brokers, research firms, or rating companies) to integrate ESG factors into evolving research and analysis.

v  ADVOCATE l:  Advocate ESG training for investment professionals.

v  SUPPORT:  Support development of ESG-related tools, metrics, and analyses.

v  ENCOURAGE: Encourage academic and other research on this theme.

 

Principle 2: We will be active owners and incorporate ESG issues into ownership policies and practices.

Ø POSSIBLE ACTION : ( file participate and engage)

v FILE: File shareholder resolutions consistent with long-term ESG considerations.

v PARTICIPATE: Participate in collaborative engagement initiatives.

v ENGAGE: l Engage with companies on ESG issues.

 

Principle 3: We will seek appropriate disclosure on ESG issues by the entities in which they invest.

Ø POSSIBLE ACTION : ( ask 3 times)

v ASK: Ask for ESG issues to be integrated within annual financial reports.

v ASK: Ask for standardized reporting on ESG issues.

v ASK: Ask for information from companies regarding adoption of/adherence to relevant norms, standards, codes of conduct or international initiatives (such as the UN Global Compact)

Principle 4: We will promote acceptance and implementation of the Principles within the investment industry

Ø POSSIBLE ACTION :  ( 2 support and 1 communicate)

v  SUPPORT:   Support the development of tools for benchmarking ESG integration.

v  SUPPORT: Support regulatory or policy developments that enable implementation of the Principles.

v  COMMUNICATE: Communicate ESG expectations to investment service providers.

 

Principle 5: We will work together to enhance effectiveness in implementing the Principles.

Ø POSSIBLE ACTION :

v  SUPPORT: Support/participate in networks and information platforms to share tools, pool resources, and make use of investor reporting as a source of learning.

 

Principle 6: We will each report on their activities and progress towards implementing the Principles.

Ø POSSIBLE ACTION : ( 3 type of disclosure)

v DISCLOSE: Disclose how ESG issues are integrated within investment practices. 

v  DISCLOSE:  Disclose active ownership activities (voting, engagement, and/or policy dialogue)

v  DISCLOSE:   Disclose what is required from service providers in relation to the Principles.

So that is it guys. If you like this post.  Please it is humble request to everyone do share with CS/CA/CMA friends. So maximum student can take benefits of it.  And do comment on which  topic you want more guidance .

Thank you so much.

Happy learning.