Lecture 1
Lecture 1
FINM7401: Finance
Midterm Exam: Information
Dr Nicolas Eugster
Recall: Assessment
2
Lecture 1
Mid Semester Exam 20%
Individual Project 30%
Final Exam 50%
Mid semester Exam
• Individual exam
• Lasts 90 mins (+10mins reading time and +5mins submission time)
• Holds as a non-invigilated online exam via Blackboard
- Under Assessment -> Mid-Semester Exam -> “Midterm Exam”
• Location: everywhere you want! (home, library, etc.)
- Make just sure your internet connection is good and stable enough!
• Open book: all course materials are permitted (no formula sheet provided)
• You need a calculator!
• Date:
Group 1: Tuesday, Sept 3, from 11am to 12.45pm (AEST time).
Group 2: Friday, Sept 6, from 1pm to 2.45pm (AEST time).
- The instruction sheet will be published before on Blackboard.
- The link for the exam will appear at 11am/1pm.
- During the first 10 minutes, you can read the exam paper.
- You then have 90 minutes to do the exam.
- You have 5 additional minutes to submit the test.
3
Lecture 1
Mid semester Exam – Swap groups
• Due to the large number of student requests asking to swap
exam dates, we have decided to let you choose which of the two
dates you would like to take the exam.
• However, you only have one attempt; so, if you start the exam
on Tuesday, you won’t be able to redo it on Friday (even if you
were only a few seconds on the exam page!).
• So, do not click on the exam link on Tuesday if you want to do it
on Friday!!
4
Lecture 1
Mid semester exam – more details
• Multiple-Choice Questions on the first five Chapters (LECTURES 1-5
and TUTORIALS 1-5)!
- i.e., Introduction to Finance, Time Value of Money I & II, Share Valuation, and
Bond Valuation
• 25 questions:
- Both theoretical and practical (i.e., computation) questions (about 40% / 60%,
respectively)
- 1 point per question (no negative points if wrong answer)
- Only 1 good answer per question
- Questions are pseudo-randomly picked from a large pool of questions
• A practice exam is available on Blackboard
• Grade distribution:
5
Lecture 1
Grade Cut Off % Range
1 (Serious Fail) 0 - 29
2 (Fail) 30 - 46
3 (Fail) 47 - 49
4 (Pass) 50 - 64
5 (Credit) 65 - 74
6 (Distinction) 75 - 84
7 (High Distinction) 85+
Late submission
• Penalties will be applied to the examination score for late submissions as
follows:
- For less than 5 minutes late: 5% penalty
- From 5 minutes to less than 15 minutes late: 20% penalty
- More than 15 minutes late: 100% penalty.
• There is only a 5-minute ‘online submission allowance’ as you don’t have
to upload anything, you just need to click on the ‘submit button’.
- Penalties start after the 5 extra minutes.
• Penalties will be applied unless there is sufficient evidence that the late
submission is beyond the control of the student.
- If students experience interruptions to their examinations, they are required to collect
suitable evidence, e.g. screenshots, photos, or emails from AskUs.
- To apply to have the late penalty waived, follow the procedure here:
https://my.uq.edu.au/information-and-services/manage-my-program/exams-and-
assessment/requesting-late-penalty-exemption-online-exam?p=0#0
- You only have 24 hours to do so and that is decided by the School, not by myself! So
do not send me an email!
6
Lecture 1
Deferred mid-semester exam
• If you are unable to sit your final exam, you must apply for a deferred
exam (see section 5.4 Midsemester examinations).
• The application must be submitted either prior to the scheduled date of
the midsemester exam, or no later than five calendar days after the
midsemester examination.
• The (tentative) date of your deferred mid-semester exam is Tuesday,
17th September at 3pm.
• Applications for deferred midsemester examinations must be made
online through Si-Net.
Information about the process of applying and the online form can be found via mySi-net
> myRequests > Deferred Examination Requests.
• Questions about deferred mid-semester exam? Contact Assessment,
Examinations and Misconducts Coordinator:
exams.officer@business.uq.edu.au