2021 S1 BFF1001 Exam Info PDF

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BFF1001 Foundations of Finance eExam Information EXAM DURATION: 2 hours writing time plus 10 minutes reading time The exam is open book, invigilated and conducted on the eExam platform that is administered centrally by the university. The university communicates with you all eExam procedure. To view your specific exam timetable, please go to myMonash or the following link https://www.monash.edu/exams/dates-timetables. The exam can only be taken during the designated time. Unless you are granted a deferred exam, failure to undertake the exam at the scheduled time will result in you receiving a mark of 0 (fail) for this assessment task in the unit.

Start learning about your eExam by carefully reviewing the following links: https://www.monash.edu/exams/electronic-exams/about https://www.monash.edu/exams/electronic-exams/rules https://www.monash.edu/exams/electronic-exams/device-specs https://www.monash.edu/oais/assessment-faqs https://www.monash.edu/exams/electronic-exams/supervision https://www.monash.edu/exams/changes/special-consideration At the scheduled date/time of your exam, you will be able to access a link to the eExam from the eAssessment platform. Please note that you will not be able to see your eExam in the platform until two business days before your scheduled exam. You will not be able to access your eExam until the scheduled time of your exam. Not sure what an eExam looks like? Try out the general knowledge practice eExam

As the exam is administered centrally by the university. Some students may be required to sit the exam on-campus, some off-campus, the university provides all such instructions. If you have any questions, please consult the sources and points of contact as provided in the above links as unit staff are not able to assist. The hurdle requirement to pass the exam is 45%, which must be met to pass the unit. Students must also achieve a combined exam and within-semester total unit assessment of 45%.

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Please see the following sample screen shot of the eExam “front page” that shows permissible material in the exam and exam instructions. Permissible material includes: ▪ MS Office: including Excel, Word and PowerPoint is permitted to be open. ▪ It is strongly encouraged that you use the Excel math templates setup during semester to do the financial math in the exam. You can have open; the Excel Class Workbook or any other workbook you wish to work from. ▪ Being open book, you can have any curriculum material from BFF1001 Moodle open, including the unit reader. ▪ Any calculator is allowable, though discouraged as Excel should be the tool of choice and Excel is required for the capital budgeting question. ▪ Any assorted stationary and 5 sheets of blank A4 paper for working if required.

Prohibited material: Use of mobile phones and messaging apps on any computing device is not allowed.

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The exam will be marked out of a total of 100 marks, and represents 50% of your final mark in the unit.

The exam information provided below describes which topics questions are primarily based on.

▪ Exam questions: Approximately 60% Calculation, 40% Theory. ▪ The questions, MCQ and structured, will be shuffled and randomly chosen from extensive questions banks for each topic. ▪ All topics are interrelated and are assessable ▪ Exam consultation times will be provided in the End of semester Exam section of Moodle. ▪ The open-ended, critical thinking theory question is to be answered in the open text field provided in the eExam question. ▪ The capital budgeting question will be answered using an Excel template named Capital Budgeting Exam Answer. While a sample is provided in the Moodle Exam section, the actual template to be used will be downloaded during the exam, using a link in the Capital Budgeting question, completed then uploaded into a submission box within the Capital Budgeting question. See following screenshot showing the structure of a capital budgeting question:

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Question number to identify in your Excel anwer template

Click this Button to download the Excel answer template, during your exam DOWNLOAD ONE FILE ONLY, SO AS NOT TO HAVE MULTIPLE FILES THAT COULD RESULT IN YOU UPLOADING AN EMPTY ONE.

Drag and drop your Excel answer template into this submission box when complete. DO NOT UPLOAD AN EMPTY FILE. ▪ All Pre-load Notes, Self-study Quizzes, Interactive Study Notes, PBL questions, LC questions and Self-study Reading are assessable. ▪ Perform calculation working up to 4 significant figures. In Moodle Quiz answer drop-down lists, select the closest answer.

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▪ Attempt all questions. Spend 120 min/100 marks = 1.2 min/mark responding to questions. You also have 10min reading time.

Important information on how to use Capital Budgeting Exam Answer.xlsx after downloading it from the Capital Budgeting question in the eExam. The Capital Budgeting Exam Answer is template consisting of one worksheet, with empty timelines and clearly labeled structure to place your capital budgeting answer. It is used in the same as your within-semester test. • Capital Budgeting Worksheet Instructions: o Enter the complete Question number in Cell C2 of the Capital Budgeting worksheet to allow markers to identify the question you are answering. Not doing so will make marking significantly more difficult and will be penalised -2 marks out of 100. o Students are to place their answer within the confines of the worksheet structure provided; which ends in cell P84. Any answers placed in rows or columns after this cell WILL BE IGNORED AND NOT MARKED. o WARNING: DO NOT DOWNLOAD MORE THAN ONE EXCEL ANSWER TEMPLATE! If you have multiple copies, you may forget which version you have put your answers in and make the mistake of uploading an EMPTY version. You will be marked on what you have submitted only, if you submit an empty file, you will receive 0 marks for the question. DO NOT MAKE THIS MISTAKE! o Submission of the Excel Capital Budgeting answer can only be done in the eExam submission box, not by any other means. Any attempt to submit Excel from any email to any email will not be accepted. •

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Beyond this worksheet, students are not allowed to modify the structure of this template such as adding new worksheets, renaming worksheets or adding VBA code. Any modification of the structure will be ignored and any answers placed in modified structure will be ignored. If modifications result in corruption of the submission file or markers not being able to open the file, the answers will not be marked. A sample of this template is provided in the SAMPLE ONLY Capital Budgeting Exam Answer DO NOT USE IN THE EXAM link in Moodle. Important: It is recommended that you upload your file before you move on to the next question. All uploads need to be completed within the 2 hours and 10 minutes exam duration - you will not be given extra time after the end of the exam to upload your Word or Excel files. Thus, it is recommended that all uploads are complete 5 minutes before the end of the exam time to ensure that there are no system issues. Please see the instructions below for download/upload questions.

By starting your eExam, you are confirming that you are well enough to do the exam. If you suddenly become unwell during your exam, and if your exam is a supervised eExam, tell your supervisor straight away – they will tell you what you need to do. If it is an unsupervised exam, we recommend you contact me, as the CE, or apply for special consideration (link below). We

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recommend you try to finish your exam if you are able to because in most circumstances if you have seen and/or attempted to answer the exam questions, you will not be eligible for a deferred assessment. Students enrolled at an Australian campus (including those who will be sitting the exam from an overseas location) must use the online system to apply for special consideration (refer to the following link for details of how to apply). Applications require supporting evidence. Please note that special consideration may be granted but is not guaranteed. Take careful note of the specific grounds upon which special consideration may be granted. Monash University policy and procedures under Section B of Assessment in Coursework Units: Adjustments to Assessment Procedures state the following: https://www.monash.edu/__data/assets/pdf_file/0004/801616/Assessment-in-CourseworkUnits-Adjustments-to-Assessment-Procedures.pdf There are many different circumstances, which may give rise to a special consideration application. Such as: ● short-term serious medical condition. This includes hospital admission, serious injury, severe asthma, and severe anxiety or depression. ● loss or bereavement (for example, death of a close family member). ● family relationship breakdown. ● hardship or trauma. This may include: victims of crime, sudden loss of income or employment, or severe disruption to domestic arrangements. ● obligations to military, jury or emergency services (such as the Country Fire Authority). ● for students registered with the Elite Student Performer Scheme for student-athletes, artists, performers participating in a key event and for students competing in key academic events and programs representing the University. ● for student carers, where acute illness or other exceptional cause affects the person for whom they care and impacts the student’s ability to prepare for or perform the assessment. I bring to your attention that special consideration will not be granted for: ● Managing workload from other units of study; ● Managing work commitments; ● Managing activities arising from voluntary representation as a member of a club, society or any other organisation; ● Misreading the exam timetable; or ● Information and communications technology-related problems, except where they could not have been prevented, avoided or the effects minimised by reasonable diligence by students. Can I talk to other students or persons while undertaking my eExam? No, see https://www.monash.edu/exams/electronic-exams/rules Good luck with your exams! Page 6 of 6...