06-09-2006, 02:46 PM
I'm back!
It was fine. The exam wasn't as hard as I imagined. It was definitely a HARD exam. But totally doable if you have studied your butt off.
My number one advice is: Buy yourself a Texas Instruments BAII+ calculator for about $30.00, and learn how to use it. There were perhaps ten to fifteen questions that suddenly became remarkably easy once I turned my calculator on. Absolutely FREE POINTS! NPV, IRR, Cash Flow....all can be done quickly and easily with the touch of a few buttons.
There were several questions that I had to guess on, but mostly I was able to at least make an educated guess.
I was expecting evil questions from hell....but they didn't materialize! The questions were challenging, but if you have studied well, you will not struggle too much.
Instantcert is enough to give you an overview of the terminology and an introduction to some of the ratios and formulas. I found it very helpful when I first began studying. However, I also studied intensively from the various sites I listed earlier in this thread. I believe it was the additional resources that solidified things in my mind and turned a potentially brain-numbing exam into something much more manageable.
I think I probably passed...but I have no clue what my score might be (too many guessed answers to know for sure).
The first dozen or so questions seemed VERY easy to me. The middle fifty questions were all much tougher, and the final dozen or so seemed to get easier again.
I took the exam in the same room as eight internationals taking their TOEFL exam. They used headsets to listen to the prompts and then spoke their answers into a microphone. It was quite comical because, every now and then out of the silence, somebody would say "I am very pleased to meet you", or "The table has four legs", or "It is very windy outside".
hilarious
-------------------
Me (thinking to myself): "Okay so the Earnings Per Share formula is: Net Income divided by the number of outstanding shares".
Indian Guy: "The banana is yellow".
Japanese Girl: "My sock has a hole in it"
Me (thinking to myself): "The coupon rate is a fixed percentage of the bond's Par value".
Chinese Guy: "I like to drink coffee in the evening".
Russian Guy: "Please turn left at the next stop sign".
Me (thinking to myself): "Get me OUT OF HEEEEERE!"
-------------------
Thankfully I found it rather more amusing than irritating!
Anyway, all in all this was a VERY challenging exam, but not as terrible as I expected. Study HARD and you might be pleasantly surprised by how doable this exam is.
That's all for now,
Snazzlefrag
It was fine. The exam wasn't as hard as I imagined. It was definitely a HARD exam. But totally doable if you have studied your butt off.
My number one advice is: Buy yourself a Texas Instruments BAII+ calculator for about $30.00, and learn how to use it. There were perhaps ten to fifteen questions that suddenly became remarkably easy once I turned my calculator on. Absolutely FREE POINTS! NPV, IRR, Cash Flow....all can be done quickly and easily with the touch of a few buttons.
There were several questions that I had to guess on, but mostly I was able to at least make an educated guess.
I was expecting evil questions from hell....but they didn't materialize! The questions were challenging, but if you have studied well, you will not struggle too much.
Instantcert is enough to give you an overview of the terminology and an introduction to some of the ratios and formulas. I found it very helpful when I first began studying. However, I also studied intensively from the various sites I listed earlier in this thread. I believe it was the additional resources that solidified things in my mind and turned a potentially brain-numbing exam into something much more manageable.
I think I probably passed...but I have no clue what my score might be (too many guessed answers to know for sure).
The first dozen or so questions seemed VERY easy to me. The middle fifty questions were all much tougher, and the final dozen or so seemed to get easier again.
I took the exam in the same room as eight internationals taking their TOEFL exam. They used headsets to listen to the prompts and then spoke their answers into a microphone. It was quite comical because, every now and then out of the silence, somebody would say "I am very pleased to meet you", or "The table has four legs", or "It is very windy outside".
hilarious
-------------------
Me (thinking to myself): "Okay so the Earnings Per Share formula is: Net Income divided by the number of outstanding shares".
Indian Guy: "The banana is yellow".
Japanese Girl: "My sock has a hole in it"
Me (thinking to myself): "The coupon rate is a fixed percentage of the bond's Par value".
Chinese Guy: "I like to drink coffee in the evening".
Russian Guy: "Please turn left at the next stop sign".
Me (thinking to myself): "Get me OUT OF HEEEEERE!"
-------------------
Thankfully I found it rather more amusing than irritating!
Anyway, all in all this was a VERY challenging exam, but not as terrible as I expected. Study HARD and you might be pleasantly surprised by how doable this exam is.
That's all for now,
Snazzlefrag
My name is Rob
_____________________________________
Exams/Courses Passed (43):
- Courses (4): 1 Excelsior, 1 CSU-Pueblo, 2 Penn Foster.
- Exams (39): 24 DSST, 15 CLEP.
Total Credits: 142 (12 not used).
[SIZE=1]GPA: 4.0
[/SIZE]
_____________________________________
Exams/Courses Passed (43):
- Courses (4): 1 Excelsior, 1 CSU-Pueblo, 2 Penn Foster.
- Exams (39): 24 DSST, 15 CLEP.
Total Credits: 142 (12 not used).
[SIZE=1]GPA: 4.0
[/SIZE]
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