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| Took Principles of Finance Exam Yesterday |
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Posted by: Dakota - 09-22-2006, 10:25 PM - Forum: General Education-Related Discussion
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I took the DSST Principles of Finance exam yesterday. I don't have too much to add to what others have already posted about this exam. It was the most difficult exam I have taken but that's mostly because I am not good at memorizing and applying formulas.
After filling out the paperwork I spent approx. 2 hours on the 88 question exam. I used the TI-30Xa calculator and it was able to do everything I needed.
The number one piece of advice I can offer is to make sure you know how to calculate Present Values, Net Present Values, Future Values and Annuities very, very well (with a calculator and from tables). Studying only IC will only get you about half way through this exam. You absolutely must study from other sources to have a chance at passing this exam (see links from other postings for suggested study aids).
I'll try to remember to post again when I get the results back in 3 weeks or so.
Russ
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| Options needed to satisfy Excelsior BST Math Comp??? |
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Posted by: wfb0l2c - 09-22-2006, 09:29 AM - Forum: General Education-Related Discussion
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I haven't applied for admission to Excelsior yet (don't want to spend the $900 until I have to), but am looking for some BST Math component options.
I had an unofficial Excelsior College transcript evaluation performed last June and I still need 5 credits to satisfy the BST Math component. I have already earned 7: 2 in Algebra (Nuke School), 2 in Trig (Nuke School) & 3 in Statistics (SNHU).
My local community college offers a 5sh Calculus course, but it requires prereq's, i.e. Pre-Calc Algebra & Plane Trig or a satisfactory score on the placement test. And I don't know if EC will award 1 for 1 on the credits.
Are there any tests excluding Statistics, College Alg., Pre-Calc, and Calculus, that Excelsior awards credit for being in the category of college level Alg or above??? If I study for and pass the CLEP Calc exam, I'll still be 2 credits shy.
What about any on-line course recommendations that would fill the void?
Any suggestions will be greatly appreciated.
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| HRM Saturday Morning! |
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Posted by: DHammond - 09-21-2006, 09:24 PM - Forum: General Education-Related Discussion
- Replies (4)
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Hey everbody,
I joined InstantCert a couple of months ago and have enjoyed the forum, and the study guides a great deal. My girlfriend and I are planning on taking the HRM DSST this Saturday, after about 12-15 hours of study (including tomorrow afternoon). Any last minutes tips for this one?
And my main question(s): I know InstantCert doesn't have study material for TCEP's, but does anyone here have any experience with them? I've got to take several in the near future (so does my girlfriend), and we were just curious how they compared with some of the CLEP's and/or Dante's.
TIA!
David
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| "Experiential Learning Portfolio" |
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Posted by: ShotoJuku - 09-21-2006, 05:52 PM - Forum: Off Topic
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[SIZE="3"][COLOR="Navy"]Has anyone have any direct experience and/or links in the preparation of an "Experiential Learning Portfolio" that may assist me in gaining credit for up to 3 classes in a masters program?
Thanks!![/COLOR][/SIZE]
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| College Algebra |
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Posted by: yutzyj - 09-21-2006, 05:37 PM - Forum: General Education-Related Discussion
- Replies (4)
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This test is not as scary as I thought it would be. I scored a 69. I do have to admit that Algebra was my favorite subject in high school when I took it for 2 years over 30 years ago. For studying I used the REA College Algebra book, the Peterson's tests, and the CLEP practice test. I Googled logarithms to remind myself of the basics. For once, the Peterson's tests were too easy. The REA tests were harder than they needed to be to pass. Know how to work almost all the questions. I believe if you know how to do the basics (how to add, subtract, multiply and divide polynomial fractions), you will pass. For me, time was my enemy. There were 57 questions in 90 minutes. It's very easy to get caught up in one problem. If you can't get it after a reasonable amount of time, like 2 minutes, make an educated guess, mark it, and move on to the next. Don't let it freak you out if you get 2 of these in a row. I had to practice working the problems much quicker than I originally was able. I used the Peterson's tests and the REA book which had 6 tests. I took each one at least 2 to 3 times. The first time I just worked the problems and learned from my mistakes. The second time I practiced doing them quickly. I learned how to write the problem on my scrap paper with hardly looking at it. This speeded things up considerably. Pattern recognition is important, like âa squaredâ minus âb squaredâ and it's factoring. Know the formula for a line. Know which is the slope and which is the y-intercept. Know what a line would look like on a graph if using x, x squared, x to a power, or y squared. Know how to figure compounded interest. Know when to multiply a power to a power and when the powers get added. Know about âiâ and âi squaredâ. The biggest thing working against you in this test is time, pace yourself well.
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