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04-25-2008, 01:27 PM
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Can I get an AMEN!!!
Just got back from taking Principles of Finance and I got a 55...46 was a pass. WhooHooo!!! - not sure, is a 55 a B or an A at Excelsior???
I studied for 1 week on this one...so in your face Shoto....  I primarily used IC, but I did suplement with: Foundations of Financial Management by McGraw Hill (quizzes for each chapter) - found in the specific exam thread That website was awesome, very thorough and the practice quizzes were very helpful. The test was very hard. Fortunately, I was able to use my BA II calculator, which I do not think I was supposed to be allowed to use. If I had not had the calculator, I am not sure if I would have passed. Probably 1/3rd-2/5ths of the exam was calculations regarding ratios, present and future values, NPV, IRR, and DOL. The rest of the test was really brutal. I guessed on about half of the non-calculation questions. I wish I could give more detail on the specifics, but my head feels like it is about to explode and I can't remember anything... I am so glad to have this one over with...I only have 1 really tough one left...Money and Banking...after that I have 3 relatively easy ones... My advise on this exam would be to study longer and harder than I did, especially if you are not allowed to use a business calculator, but it was doable in 1 week, total of 15-20 hours of study.
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Excelsior BS - General Business Enrolled at Jacksonville State University - MBA - complete in 2010 121 credits...ALL DONE BABY!!! 54 credits transfered in from prior college 54 credits by examination 6 credits from community college 3 credits from CSU-Pueblo (Operations Management) 4 credits for Information Literacy and Business Strategy from Excelsior CLEP: Principles of Macroeconomics (64) Principles of Microeconomics (61) Principles of Marketing (66) Principles of Management (72) Info Systems and Comp Applications (57) Introductory Business Law (65) Social Sciences & History (61) DSST: Principles of Supervision (58) Principles of Statistics (67) Introduction to Computing (60) Principles of Financial Accounting (56) Principles of Finance (55) Money and Banking (52) Ethics in America (66) Management Information Systems (58) ECE: Ethics: Theory and Practice (B) Organizational Behavior (C) GMAT: 600     
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04-25-2008, 02:04 PM
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AMEN!!!! I'm hoping for the same result when I take this one. What are you doing next?
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BSBA Marketing Thomas Edison State College-63/120 College Math-66, College Algebra-64, Analyzing & Interpreting Literature-67, U.S. History I-66, U.S. History II-61, Information Systems & Computer Applications-59, Biology-61, DSST Introduction to Business-61, Introductory Sociology-65, Introductory Psychology-52, Principles of Microeconomics-54, Principles of Macroeconomics-47, Principles of Marketing-68, Financial Accounting-47, Introductory Business Law-62, Principles of Management-70, DSST Principles of Supervision-64, DSST Organizational Behavior-68, English Literature-61
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04-25-2008, 02:06 PM
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Oh, sorry I didn't look at your siganture. Good Luck with Money & Banking!
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BSBA Marketing Thomas Edison State College-63/120 College Math-66, College Algebra-64, Analyzing & Interpreting Literature-67, U.S. History I-66, U.S. History II-61, Information Systems & Computer Applications-59, Biology-61, DSST Introduction to Business-61, Introductory Sociology-65, Introductory Psychology-52, Principles of Microeconomics-54, Principles of Macroeconomics-47, Principles of Marketing-68, Financial Accounting-47, Introductory Business Law-62, Principles of Management-70, DSST Principles of Supervision-64, DSST Organizational Behavior-68, English Literature-61
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04-25-2008, 02:09 PM
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56 A
50 B 46 C Great score but I wonder.........................wait for it..................Would just a little bit more of study time been worth that one little small point going from a B (3.0) to and A (4.0).   GREAT JOB - CONGRATS - AMEN!!!!!!! 
__________________
Brian R. Fey Sr. Psy.D - (Very Nearly and Insanely Enrolled) M.S. - Psychology B.S. - Criminal Justice A.S. - Administrative Management Shoto-Advice:
"EC" "CCU" "Prayer" "A Pass is a Pass" "Slow and Steady - Wins the Race" “Sometimes The Easy Way Is Not Always The Best Way” "Passing a Petersons = Conquering a CLEP -or- Defeating a DSST" "The 5 R's of Study: Repetition - Re-Enforces - Recognition - Recall - Retention" "Always be Ready to Release Your Mind & Incorporate the Advice of Others into Your Plans."
"Studying is much like Boiling Water, if it is not Heated Constantly it will Once Again Become Cold Water."
Other Sources of CLEP & DSST Study Material
REA Books, Comex Books, Pass Your Class Guides, Standard Deviants DVD's, Petersons Practice Exams, Dummies Books, Idiot's Guides .
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04-25-2008, 02:11 PM
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Congrats Bmills! Phew...! you had me feeling guilty - I'm so glad you passed after your last comment about my posting the average DSST test results in the Money and Banking exam specific forum...!! Obviously you are waaaay above average - but you knew that already!
One week of study is amazing to learn enough material to pass this test - as a finance newbie and more in the Shotu's camp re learning approach, there is no way I would try that! I just got the BA II plus calculator - did you know how to use it before studying for this week? Anway - well done! You should feel very good about what you accomplished.
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CLEPS/DANTES ATTEMPTED/PASSED -21 Classes credited:- Human/Cultural Geography (SOC300) 69/Nov 08 - Intro to Business Law (LEG100) 73/Nov 08 - Astronomy (HUM300) 68/Nov 08 - Human Resource Management (BUS310) 73/Jul 08 - Money and Banking (ECO320) 64/Jun 08 - Principles of Finance (FIN100) 67/May 08 - Principles of Macroeconomics (ECO100) 75/Apr 08 - Principles of Marketing 74/Apr 08 - Introduction to World Religions (HUM400) 78/Apr 08 - Analyzing & Interpreting Lit 69/Mar 08 (6 credits) - Introductory Psychology 74/Feb 08 - Introductory Sociology 73/Jan 08 - Principles of Mgmt 75/Dec 05 - English Comp (cold) 59/Sep 05 (6 credits) - Information Systems & Computer Apps 72/Sep 05 - College French Language 75/Jun 05 (12 credits) +Traditional Credits Earned 2005-2008: 17 classes - last 3 traditional classes completed Oct/08 (all done!) took last exam Nov 08 for my degree in BS in Business Administration, minor in Management.
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04-25-2008, 02:27 PM
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touche'...Shoto...touche'
Fortunately, because of some of the crap grades that I transfered in from my first college experience, I am not too worried about GPA... knucyt...I did know how to use the calculator ahead of time, but there are several links on the specific exam forum that teach you how to use it, let me know if you have any trouble...BTW, the info about the pass rates for the DSST exams actually helped me buckle down a little more than I probably would have, so thanks for the info...now on to the lowest pass rate exam of them all, Money and Banking...13%...yikes
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Excelsior BS - General Business Enrolled at Jacksonville State University - MBA - complete in 2010 121 credits...ALL DONE BABY!!! 54 credits transfered in from prior college 54 credits by examination 6 credits from community college 3 credits from CSU-Pueblo (Operations Management) 4 credits for Information Literacy and Business Strategy from Excelsior CLEP: Principles of Macroeconomics (64) Principles of Microeconomics (61) Principles of Marketing (66) Principles of Management (72) Info Systems and Comp Applications (57) Introductory Business Law (65) Social Sciences & History (61) DSST: Principles of Supervision (58) Principles of Statistics (67) Introduction to Computing (60) Principles of Financial Accounting (56) Principles of Finance (55) Money and Banking (52) Ethics in America (66) Management Information Systems (58) ECE: Ethics: Theory and Practice (B) Organizational Behavior (C) GMAT: 600
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04-25-2008, 02:41 PM
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Quote:
You did great, but I did have you in mind when I wrote the second & third lines of Shoto-Advice.
__________________
Brian R. Fey Sr. Psy.D - (Very Nearly and Insanely Enrolled) M.S. - Psychology B.S. - Criminal Justice A.S. - Administrative Management Shoto-Advice:
"EC" "CCU" "Prayer" "A Pass is a Pass" "Slow and Steady - Wins the Race" “Sometimes The Easy Way Is Not Always The Best Way” "Passing a Petersons = Conquering a CLEP -or- Defeating a DSST" "The 5 R's of Study: Repetition - Re-Enforces - Recognition - Recall - Retention" "Always be Ready to Release Your Mind & Incorporate the Advice of Others into Your Plans."
"Studying is much like Boiling Water, if it is not Heated Constantly it will Once Again Become Cold Water."
Other Sources of CLEP & DSST Study Material
REA Books, Comex Books, Pass Your Class Guides, Standard Deviants DVD's, Petersons Practice Exams, Dummies Books, Idiot's Guides .
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04-25-2008, 02:56 PM
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What about the first line???
__________________
Excelsior BS - General Business Enrolled at Jacksonville State University - MBA - complete in 2010 121 credits...ALL DONE BABY!!! 54 credits transfered in from prior college 54 credits by examination 6 credits from community college 3 credits from CSU-Pueblo (Operations Management) 4 credits for Information Literacy and Business Strategy from Excelsior CLEP: Principles of Macroeconomics (64) Principles of Microeconomics (61) Principles of Marketing (66) Principles of Management (72) Info Systems and Comp Applications (57) Introductory Business Law (65) Social Sciences & History (61) DSST: Principles of Supervision (58) Principles of Statistics (67) Introduction to Computing (60) Principles of Financial Accounting (56) Principles of Finance (55) Money and Banking (52) Ethics in America (66) Management Information Systems (58) ECE: Ethics: Theory and Practice (B) Organizational Behavior (C) GMAT: 600 Last edited by bmills072200 : 04-25-2008 at 02:58 PM.
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04-25-2008, 02:58 PM
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BMills - Thanks and Cool! I just started studying for the DSST POF this afternoon, so once I know what NPV and all that other stuff is, I will be going thru the tutorials to learn the calculator - I appreciate the offer of assistance if I do get stuck. Do you have any POF study notes you want to share?!
In the meantime, all the best with the studying for Money & Banking - I'll be interested to see your exam feedback once your done - I've no doubt you'll do great and I still be sweating my way thru POF! Have a good one.
__________________
CLEPS/DANTES ATTEMPTED/PASSED -21 Classes credited:- Human/Cultural Geography (SOC300) 69/Nov 08 - Intro to Business Law (LEG100) 73/Nov 08 - Astronomy (HUM300) 68/Nov 08 - Human Resource Management (BUS310) 73/Jul 08 - Money and Banking (ECO320) 64/Jun 08 - Principles of Finance (FIN100) 67/May 08 - Principles of Macroeconomics (ECO100) 75/Apr 08 - Principles of Marketing 74/Apr 08 - Introduction to World Religions (HUM400) 78/Apr 08 - Analyzing & Interpreting Lit 69/Mar 08 (6 credits) - Introductory Psychology 74/Feb 08 - Introductory Sociology 73/Jan 08 - Principles of Mgmt 75/Dec 05 - English Comp (cold) 59/Sep 05 (6 credits) - Information Systems & Computer Apps 72/Sep 05 - College French Language 75/Jun 05 (12 credits) +Traditional Credits Earned 2005-2008: 17 classes - last 3 traditional classes completed Oct/08 (all done!) took last exam Nov 08 for my degree in BS in Business Administration, minor in Management.
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