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October 21, 2025, 03:41:11 pm

Author Topic: Fnce20001 Business finance practice exams  (Read 3045 times)  Share 

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teexo

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Fnce20001 Business finance practice exams
« on: June 05, 2015, 08:23:58 pm »
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Hi everyone! Just wondering if by chance there's anyone out there who has practice exams for bus finance and would be kind enough to send them to me? I only have one with no answers at the moment haha thank you!

notveryasian

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Re: Fnce20001 Business finance practice exams
« Reply #1 on: June 05, 2015, 08:49:14 pm »
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I would also appreciate if someone could send me some practice exams.  :) Unfortunately I doubt there are any out there that are relevant to this year's content.
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notveryasian

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Re: Fnce20001 Business finance practice exams
« Reply #2 on: June 06, 2015, 08:38:16 pm »
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Yeah, it would be really nice if we had more than one exam paper. :( There is only so far you can go redoing tute sheet questions and memorising assumptions/implications of the theory.
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clueless123

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Re: Fnce20001 Business finance practice exams
« Reply #3 on: June 07, 2015, 07:44:25 pm »
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Trade you past bus fi papers w/ solutions for something you can offer  ;D ;D ;D
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notveryasian

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Re: Fnce20001 Business finance practice exams
« Reply #4 on: June 07, 2015, 08:23:35 pm »
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Trade you past bus fi papers w/ solutions for something you can offer  ;D ;D ;D

From your past posts it seems that you've already completed BusFi and in 3rd year...? So I'm not sure what I can offer you haha. :P
2014-2017: Bcom (Economics/Finance), Dip Maths (Discrete Maths and Operations Research) at Unimelb

Amity

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Re: Fnce20001 Business finance practice exams
« Reply #5 on: June 07, 2015, 08:25:52 pm »
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When I did business finance last year, I had some friends who had done it before me. However, the sample exam they had been given was exactly the same as the one I was given, so I think you'd be hard pressed to actually find any new ones, unless they are really old (and so probably not relevant). Everyone is in the same boat, so you're not disadvantaged at all.

Most of the exam was similar to what was in tutorial questions anyway, so if you're comfortable with them, then you're set. There is usually some difficult question that they would use to test an in depth knowledge of some topic, for instance MM, but there's no way they would include something similar on a practice exam anyway if they plan to use it to separate the cohort haha. I would recommend making sure you understand all of the assumptions in MM, and all of the implications they hold. If you want something to do, construct the theory without one (or more) of the assumptions and see how far you can get. Maybe try thinking of ways to test a wider knowledge in other units, I can't remember what the other topics were haha.

As a heaps up, we were told that the first six weeks or so would only come up in multiple choice... well that was a lie. The first short answer question was on the first half of the course, though it was just knowledge stuff - like what is meant by this principle? etc. No need to apply anything. But if you feel like you need to revise more, maybe have a look over some of that stuff again.

This Finance department is so gay, not only did they give us just ONE exam with NO answers; most of the practice exam are just questions from the tute sheets...

I will probably get downvoted for this, but here goes anyway. I really disagree with this. If you understand all of the content, then you shouldn't really need any practice exams. What do you plan to do with those 5 practice exams? Use them as a source of 'new' questions? Then fair enough. But I am sure that there are plenty in lectures, tutorials and also the textbook. In business finance from memory, there were a stack of questions in the textbook that you can attempt. So in that respect, there is no need for practice exams.

The real benefit in practice exams, in my opinion, is to get an idea of how to pace yourself in the exam. Perhaps it would be a little better with a couple instead of just one exam, but it should give you an indication of the speed that will be required in the final.

The department aims to produce students who understand content well, not students who just churn through practice exams to memorise how to answer exam questions and get a high mark. I don't think you can really fault them for that. Everyone is on a level playing field, so an abundance (or lack of) exams leaves no one at an advantage.
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clueless123

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Re: Fnce20001 Business finance practice exams
« Reply #6 on: June 07, 2015, 08:49:50 pm »
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From your past posts it seems that you've already completed BusFi and in 3rd year...? So I'm not sure what I can offer you haha. :P

thats unfortunate :(
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Savinggrace

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Re: Fnce20001 Business finance practice exams
« Reply #7 on: June 08, 2015, 03:07:28 pm »
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How is everyone going with prep for the exam?
Any particular areas you are focusing on?

notveryasian

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Re: Fnce20001 Business finance practice exams
« Reply #8 on: June 08, 2015, 03:23:18 pm »
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Focusing a lot on MM, dividends and taxes and bit of derivatives. Everything else is just calculations, I'm more scared of a weird theory question tbh.
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teexo

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Re: Fnce20001 Business finance practice exams
« Reply #9 on: June 08, 2015, 08:18:16 pm »
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Just worried because the practice mid sem test was not similar to the actual test haha but good luck everyone thanks for replying to my post :)

notveryasian

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Re: Fnce20001 Business finance practice exams
« Reply #10 on: June 09, 2015, 07:12:37 pm »
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Hope everyone went well today in BusFi. I thought the exam was quite fair, though my opinion might be biased because I noticed how recycled some of the short answer questions were.
2014-2017: Bcom (Economics/Finance), Dip Maths (Discrete Maths and Operations Research) at Unimelb