Exams (FINA 4360)

Exams are open book and, therefore, all questions involve some thinking. No memorization of formulas or definitions is needed. Each midterm is divided into two parts: problems (40 points) and a recent news article (20 points). In the first part of each exam, there will be four problems. The second part involves the interpretation of a financial news clip. I do not pull any surprises during exams. That is, the best way to prepare for the exam is to go over examples and exercises on the book, and to prepare for the cases that will be discussed in class.

The class before each exam, I'll make available in this page a current newspaper article. You should come to the exam with the news article read. It is recommended that, before each exam, you try to relate the news article to the relevant chapters in the book. Try to think about potential questions. They will be no much different from the questions written for the cases. The answers to the article questions are simple. They do not involve writing more than two sentences. In general, if you write more than three sentences, you are writing too much.

The exam is open book (and news article) only. No other material is allowed. You can write, however, anything you want in the book. Do not paste solutions to old exams, solutions to homework, etc. If you think the old exam solutions are important, write them. Again, do not paste anything to the book. It will be considered cheating. Also, phones and any noise-making electronic instrument should be turned off during the exam. Only the book, a copy of the article, and a calculator are allowed to be on your desk.

More on the exams:
The first exam covers IFM chapters 1 to 9.
The second exam covers IFM chapters 9 to 12.
The third exam covers IFM chapters 13 to 21 (except 19).

Yes, the final exam is comprehensive.

As usual, unless stated otherwise, you are responsible for everything we cover in class and everything in your book.

News Articles for Midterms:

Fall 2009 (posted as the semester goes)
Article for Midterm 1 (doc format)
Article for Midterm 2 (doc format)
Article for Midterm 3 (doc format)
Article for Final (pdf format)


Practice Midterms (There are no solutions provided for these practice exams):

Spring 1997
Midterm 1 (pdf format)
Midterm 2 (pdf format)
Midterm 3 (pdf format)
Final 1997 (pdf format)

Spring 2003/Fall 2005
Midterm 1 (pdf format) - Article for Midterm 1 (Spring 03)(pdf format)
Midterm 2 (pdf format) - Article for Midterm 2 (Spring 03)(pdf format)
Midterm 3 (pdf format) - Article for Midterm 3 (Spring 03)(pdf format)
Final 2005 (pdf format) - Article for Final 2005 (pdf format)

Note: The practice exams are available in PDF format. You'll need the Acrobat Reader to read them and print them (it took me less than five minutes to download it and install it in my hard drive). All PCs in RICS and in the Anderson Library have the Acrobat Reader installed.


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