INTRODUCTION TO FINANCE
(Last update Wednesday, May 13th 2021)
the end of the course is coming soon (the last class is scheduled on Wednesday, May 26th 2021) and the exam (first attempt of the summer session) will follow on Tuesday, June 1st 2021.
All the exam attempts of the entire summer session 2021 will be on line for all the students (no exams in presence will be scheduled). Hence, there is no need to specify on DELPHI (booking for the exam) the "type of the exam" (on line or on site) and there is no need to specify any comment. You can leave that space blank or fill it "on line" (for both the exam type and the comment).
Please remember to book for the exam before the deadline (few days before the exam). Students that will not be on the DELPHI list at the deadline will not be allowed to attend the exam (no chance to be added to the list after the deadline). To avoid any inconvenience (e.g. misfunctioning of the computer, lack of internet connections, temporary crash of DELPHI, etc.) I invite you to book in advance, and to print and take note (by a screenshot) of the confirmation message that appears on DELPHI once the registration has been successfully done.
The exam - as described in the introduction of the course during the first day of class (the presentation available on line in the materials of the course) - is made by four parts: multiple-choice questions, exercises and/or open answers, plus a last logic question. The exam on line will assign an amount of time for each of this part according to the following scheme:
- Part 1 - Multiple-choice question: 18 minutes for 18 questions (1 minute each question on average)
- Part 2 - Exercise or question:15 to 20 minutes (according to the difficulty of the exercise/question)
- Part 3 - Exercise or question:15 to 20 minutes (according to the difficulty of the exercise/question)
- Part 4 (optional) - Logic question: 20 minutes
Accounting for the time needed to remind the examination rules, and the switching time between each part of the exam, the total length of the exam will be around 90 minutes.
During the exam students will have to take their camera switched on and to keep their microphone open. No teaching materials (e.g. book, notes, slides, etc.) will be allowed. Students that will have even only one of those materials available will fail the exam by definition and will not be allowed to test for the entire summer session.
Multiple-choice will be administrated by the app Moodle (available on MS Teams), open answer questions and exercises will be made by paper-and-pen and a picture of the answer-paper will be sent by email to the professor (e.g. by a smartphone).
The details of the procedure will be described during the last class of the course and reminded at the beginning of each exam attempt.
Student that will not pass the exam because they have failed (final grade below the minimum 18 points threshold) or decided to do not register a positive grade, will be allowed to test again even in the very next available attempt. The only case when a student can not repeat the exam in the session is the above mentioned cheating behavior case.
The exam is a 100% written exam (no oral exams required). After the submission of the exam students will have the solution of the exam available on line. Then they will have the chance to read the detailed comments of the teacher about their own exam and understand the reasons behind the final grade. The results of the exam (the grades) will be uploaded on line (on DELPHI). From the upload of the exam grades students have 3 (three) days to reject the grade (if they want to reject it). In that case the student will have to put a note on DELPHI showing their will to reject the grade (e.g. a note like "I want to reject the grade") and they will have to attend another attempt (and to book for it on DELPHI). Those who are fine with their grades and want to accept them for the registration have simply to wait the above mentioned three days. After these days the registration will be done automatically according to the "silence-assent" hypothesis (no reply = no complain... and the will to agree with the grade and to register it).