02-11-2017, 12:35 PM
I took and passed this exam with a 451 yesterday! I read through an older edition of one of the recommended textbooks and used the IC flashcards, so I had to supplement for the 2008 financial crisis. The specific exam thread was really helpful for that. A few things I either hadn't studied or wish I had studied more were:
FDIC Act
McFadden Act
National Banking Act of 18-something
Quantity demand of money/inflation (I had probably 3-5 questions about this, particularly the equations themselves)
Liquidity/income/price effects (KNOW THESE WELL-I had 10+ questions on these: how they relate; if one does this, what do the others do, etc)
I know this is known as one of the hardest DSSTs and for good reason, however it isn't by any means impossible. I feel like I spent too much time stressing over the fact that it was spoken about so poorly that I wasted time with extra studying when I could have just gone ahead and passed it. No, this isn't an exam that is passable with common sense. It is an exam that requires some directed study, but a completely passable exam nonetheless! Hopefully this encourages anyone thinking about taking this one - you can do it!
FDIC Act
McFadden Act
National Banking Act of 18-something
Quantity demand of money/inflation (I had probably 3-5 questions about this, particularly the equations themselves)
Liquidity/income/price effects (KNOW THESE WELL-I had 10+ questions on these: how they relate; if one does this, what do the others do, etc)
I know this is known as one of the hardest DSSTs and for good reason, however it isn't by any means impossible. I feel like I spent too much time stressing over the fact that it was spoken about so poorly that I wasted time with extra studying when I could have just gone ahead and passed it. No, this isn't an exam that is passable with common sense. It is an exam that requires some directed study, but a completely passable exam nonetheless! Hopefully this encourages anyone thinking about taking this one - you can do it!
BSBA GM - TESU, 2017
120 credits applied using CLEP, DSST, Saylor, and TECEP exams - see my bio for exact exams!
120 credits applied using CLEP, DSST, Saylor, and TECEP exams - see my bio for exact exams!