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Took and passed my first DSST test - Personal Finance
#1
Just a heads up on the test.

Administered by computer
98 questions
2 hr time limit -- can easily be done in 1 1/2 hrs.
Passing score is a 46 ---- I earned a 63.

Despite the test being called "Personal Finance", I thought there were many questions that only a person studying to actually be a certified financial planner, CPA, social security administrator, or licensed insurance professional, would know.

There were probably 5 questions that had you calculate interest over a certain number of years with a certain interest rate.

Know the basics of the different chapters of bankruptcy. (about 3 questions)

All in all, a very "doable" test.

Next stop: "Here's to your health."
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#2
Congrats on your pass! It's one I'll be taking in the next few months too.
CLEP - Principles of MKTG - 69
CLEP - Info Sys & Computer Apps - 61
CLEP - English Comp w/o Essay - 62
CLEP - Principles of Mgmt - 74
DSST - Astronomy - 62
CLEP - Introductory Bus Law 69
DSST - Management Info Systems - 459
CLEP - Natural Sciences - 59





B&M Transfer Credits - 37 Completed

UMUC (that's right...) credits - 4 Completed
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#3
Keep it going Joe. Great Job!!!!
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#4
Congrats on your first PassSmile
Linda

Start by doing what is necessary: then do the possible; and suddenly you are doing the impossible  St Francis of Assisi

Now a retired substitute Teacher in NY, & SC

AA Liberal Studies TESC '08
BA in Natural Science/Mathematics TESC Sept '10
AAS Environmental safety and Security Technology TESC  Dec '12
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#5
First of all, congrats on passing the test! I am going in for the DSST Personal Finance on Tuesday. I need to start studying, however I noticed that there is no Personal Finance under the course listings.

Any suggestions from anyone on what to study? Principles of Finance? That seems more advanced than what I need...any suggestions would be greatly appreciated!

Thanks!
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#6
Congratulations on passing your Personal Finance exam!!! GREAT JOB!!!

Boy....I remember my first CLEP...it is an awesome feeling isn't it?!

CONGRATULATIONS again!!!

Peace be with you always.

From a loyal degree seeker,

Marshall


WAY 2 GO!!!!!!
Thomas Edison State University (TESU)
Enrolled in BA in Liberal Studies - 105/120 Completed


Associate in Science, Excelsior College
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#7
Good Job. Congrats!!!
Jesse
BA, Thomas Edison State College
MS, Grand Canyon University
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#8
Congrats on your pass! It's one I'll be taking in the next few weeks too! Glad to hear it is a fairly easy test. I like those!
"I would rather sit on a pumpkin and have it all to myself, than be crowded on a velvet cushion."~ Henry David

BA Humanities - TESC
AAS Construction and Facilities Support - TESC
AA Interior Design - MCC
AA LS - MCC
Certificate Interior Design - MCC
Certificate Management - MCC
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#9
I was going to take that test but instantcert didn't have any pratice tests on that one, where did you find your study materials??
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#10
I just brushed up on the topics that were on the dsst personal finance fact sheet.

Read my first post on what to know along with the outlined topics on the dsst fact sheet and you should do fine.
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