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01-11-2015, 12:06 AM
(This post was last modified: 01-11-2015, 05:41 AM by ShotoJuku.)
Hi - I'm brand new here. I'm a decent test taker and have done well on some CLEP, DSST and TESC TECEPs so far. But I'm concerned about the Principles of Finance DSST. It looks more challenging than the others I've taken. My background is 16 years of working with budgets and P&Ls while running healthcare kitchens- which is financish but not the type of info I'm seeing in this forum.
I'm planning on studying for 2 weeks while working full time and taking care of my husband & daughter. And then taking a week of vacation and ignoring my family entirely to study. That week will culminate in taking the DSST. Will this be enough?
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Just remember that to pass them you only have to be as good as a college student taking the test... which means if you have a lot of experience, you are probably almost there.
Denise
MS - Management and Leadership, WGU 2022
BS - Liberal Arts - Depths in Healthcare and Psychology, Excelsior College 2014
Certificate - Workers Comp Admin, UC Davis Extension, 1995
AA - Licensed Vocational Nursing and Selected Studies, Mesa College 1989
Certificate - Licensed Vocational Nursing (LVN), Mesa College 1977
Also, someday maybe a MS in Forensic Psychology, just for fun. Oh, and a BS in Animal Behavior. And, maybe when I'm 85 a PhD in something fun.
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passit1 Wrote:Hi - I'm brand new here. I'm a decent test taker and have done well on some CLEP, DSST and TESC TECEPs so far. But I'm concerned about the Principles of Finance DSST. It looks more challenging than the others I've taken. My background is 16 years of working with budgets and P&Ls while running healthcare kitchens- which is financish but not the type of info I'm seeing in this forum.
I'm planning on studying for 2 weeks while working full time and taking care of my husband & daughter. And then taking a week of vacation and ignoring my family entirely to study. That week will culminate in taking the DSST. Will this be enough?
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You need to know many basic finance formulas. It is basically an application based test, rather than knowledge. I had several present value/bond/ and stock value questions. Of course there are general knowledge questions also, like CAPM, etc.
CLEPS Passed: 10 DSST Passed: 11 TECEPS: 1
PrLoko-isms
Don't waste time by trying to save time. The only sure way to complete your degree is to knock out credits quickly and efficiently.
Don't let easiness bite you in the rear. Know your endgame (where you want to be) and plan backward from there. Your education is a means to an end.
Be honest professionally, socially and academically. There are people (especially little ones) who look up to you and they're going by your example.
Be proud. Whether you're an Engineer or Fast Food worker, there is honor and dignity in hard work.
Picking on people weaker than you only proves that you are a weak person.
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