...that foreign currency options expire on the Friday preceding the third Wednesday of every month at 11:59 pm EST?
A year ago today, I was wrapping up my Series 7 (financial industry licencing) exam and holding my breath as I anxiously awaited my test results.
Today's calendar is much more fun as I have a light day followed by 2:30 cake.
Showing posts with label Exams. Show all posts
Showing posts with label Exams. Show all posts
Thursday, November 13, 2008
Sunday, October 12, 2008
Study Sanctuary
I have a midterm a week from Tuesday which means I'll be anti-social until approximately 10:00 pm on October 21st.
I'm spending this evening at the "Stoffel Study Sanctuary" to prepare for my upcoming exam. Aunt Sue always has dinner on the table, snacks in the cupboard, and a never ending supply of dark chocolate desserts. I also love that she doesn't think I'm too old to get tucked into bed.
She taught me how to focus when I was little and now my study sleepovers keep me disciplined. Thank you, Aunt Sue, for the hospitality that helped me earn two financial licenses and waive the GMAT. :)
To read more about my wonderful aunt, check out Sarah's tribute!
I'm spending this evening at the "Stoffel Study Sanctuary" to prepare for my upcoming exam. Aunt Sue always has dinner on the table, snacks in the cupboard, and a never ending supply of dark chocolate desserts. I also love that she doesn't think I'm too old to get tucked into bed.
She taught me how to focus when I was little and now my study sleepovers keep me disciplined. Thank you, Aunt Sue, for the hospitality that helped me earn two financial licenses and waive the GMAT. :)
To read more about my wonderful aunt, check out Sarah's tribute!
Sunday, August 17, 2008
20%
My final was on Wednesday and it felt like I was hit by an oncoming train. I'm not alone. It was scheduled to end at 8:30 but I think about 75% of class was still working at 11:00pm.
I'm frustrated because I know that I knew the material but I don't do very well under pressure. I can already tell that Simon is going to help me get better at thinking on my feet. It isn't good enough to simply understand the material as I need to know how to apply what I have learned on a moment's notice.
I'm (unsuccessfully) trying not to dwell on everything I wish I could have, should have, or would have done differently. On a positive note, moments like Wednesday night remind me why I'm here. As much as I love when I pick up on things right away, I don't want to attend a school if everything comes easily and I'm not challenged.
I'm frustrated because I know that I knew the material but I don't do very well under pressure. I can already tell that Simon is going to help me get better at thinking on my feet. It isn't good enough to simply understand the material as I need to know how to apply what I have learned on a moment's notice.
I'm (unsuccessfully) trying not to dwell on everything I wish I could have, should have, or would have done differently. On a positive note, moments like Wednesday night remind me why I'm here. As much as I love when I pick up on things right away, I don't want to attend a school if everything comes easily and I'm not challenged.
Tuesday, August 12, 2008
We won't be defeated!
Lessons learned from the Crystal Ball:
1). Price can't be raised indefinitely.
2). Units are important.
3). It is unlikely that the optimal profit is in trillions.
4). When stating assumptions, always assume that your answers are correct.
5). Budgets are constraints.
6). Partial people don't exist even if you have a bun in the oven.
7). Attempts to reduce inefficiencies with trial and error resulted in more confusion when Solver Sensitivity yielded the same results as Data Sensitivity.
8). If(# of "if statement" parenthesis >=6, there is a problem, 0 problems).
9). It isn't profitable to pay people to go to your amusement park.
10). 48+ hours is too much time to spend on one problem.
11). Maximizing risk in an investment portfolio is not a good objective.
12). A model riddled with errors occasionally produces the best result.
13). It is possible to get the wrong answer with correct formulas.
During ACC401 we learned that, "You can make good inferences and bad inferences. More credit will be given for good inferences."
We hope that our mistakes will help us make good inferences on Wednesday.
14). Post Final Update 1: Order 1 when your inventory falls below 1 is not a good strategy to minimize lost sales.
15). Post Final Update 2: If the best way to minimize costs is to produce nothing, the objective needs to change.
1). Price can't be raised indefinitely.2). Units are important.
3). It is unlikely that the optimal profit is in trillions.
4). When stating assumptions, always assume that your answers are correct.
5). Budgets are constraints.
6). Partial people don't exist even if you have a bun in the oven.
7). Attempts to reduce inefficiencies with trial and error resulted in more confusion when Solver Sensitivity yielded the same results as Data Sensitivity.
8). If(# of "if statement" parenthesis >=6, there is a problem, 0 problems).
9). It isn't profitable to pay people to go to your amusement park.
10). 48+ hours is too much time to spend on one problem.
11). Maximizing risk in an investment portfolio is not a good objective.
12). A model riddled with errors occasionally produces the best result.
13). It is possible to get the wrong answer with correct formulas.
During ACC401 we learned that, "You can make good inferences and bad inferences. More credit will be given for good inferences."
We hope that our mistakes will help us make good inferences on Wednesday.
14). Post Final Update 1: Order 1 when your inventory falls below 1 is not a good strategy to minimize lost sales.
15). Post Final Update 2: If the best way to minimize costs is to produce nothing, the objective needs to change.
Saturday, August 9, 2008
Pre-Exam Rant
I miss the real Java City...
On Wednesday, my study group's attempt to boycott the 4th consecutive week of split pea soup ended in defeat by the closed cafe in Goergen Hall. I surrendered to a Fiber One bar, the most appealing choice in the vending machine.
This morning started off well with my traditional pre-review McDonald's breakfast with Jessica. After a two hour review of data sensitivity and tornado charts and another hour to go, I was ready for a tasty cup of coffee which was impossible because Java City is closed on weekends during the summer quarter. The vending machine made me choose between coffee, cappuccino, or espresso with sugar and/or lightener.
What is lightener and why does it belong in my coffee?! I paid full price for a glass half full that tasted like chalk.
I'll be in a better mood tomorrow because we will be getting together for a post-review Study BBQ, my most favorite way to prepare for exams.
On Wednesday, my study group's attempt to boycott the 4th consecutive week of split pea soup ended in defeat by the closed cafe in Goergen Hall. I surrendered to a Fiber One bar, the most appealing choice in the vending machine.
This morning started off well with my traditional pre-review McDonald's breakfast with Jessica. After a two hour review of data sensitivity and tornado charts and another hour to go, I was ready for a tasty cup of coffee which was impossible because Java City is closed on weekends during the summer quarter. The vending machine made me choose between coffee, cappuccino, or espresso with sugar and/or lightener.
What is lightener and why does it belong in my coffee?! I paid full price for a glass half full that tasted like chalk.
I'll be in a better mood tomorrow because we will be getting together for a post-review Study BBQ, my most favorite way to prepare for exams.
Wednesday, July 16, 2008
17.5%
I just completed my 4th midterm and am officially 17.5% finished with my degree! Even though it is a small milestone, I think it is a reason to celebrate. I felt more prepared for this exam than ever before (and have been happy with my grades thus far). When I walked out, I didn't feel like like I was sinking on the Titanic or had just been run over by a bus. Between office hours and tri-weekly study sessions, I know that I couldn't have possibly worked any harder.
I will never forget how proud I felt on Sunday night/Monday morning. Our study group had planned a study BBQ to get through our optional problem set. When Jessica and I touched base in the morning to plan our grocery run, we promised each other that we would not go to bed until we had finished all of the problems. Our BBQ started at 3:00 and we were all diligently working and helping each other when we got stuck. After we finished our burgers and massive amounts of ice cream, it wasn't long before our group members began to finish up. The first person finished at 7:00 and everyone else had finished by 9:00. Jessica and I were still struggling with problem 4 and were determined to keep each other motivated to complete the problem set. We stopped at Starbucks for a mental break because we knew we would be up for awhile. As the night dragged on, our light bulbs were finally going off and keeping us energized. Problem 9 was the first time we didn't consult each other or the solutions. At 1:45am we both hit "Run Solution" at the same time and held our breath as we checked our answers against the Professor's. Upon realizing that we were both correct, we jumped up, hugged each other, and screamed (not very quietly) with excitement. Shortly after that, we heard both of her dogs barking and her husband's footsteps as he tried to shoosh Phoenix and Farrah back to bed. True to our word, we kept our promise and completed the 10th and final problem at 2:11 am.
I will never forget how proud I felt on Sunday night/Monday morning. Our study group had planned a study BBQ to get through our optional problem set. When Jessica and I touched base in the morning to plan our grocery run, we promised each other that we would not go to bed until we had finished all of the problems. Our BBQ started at 3:00 and we were all diligently working and helping each other when we got stuck. After we finished our burgers and massive amounts of ice cream, it wasn't long before our group members began to finish up. The first person finished at 7:00 and everyone else had finished by 9:00. Jessica and I were still struggling with problem 4 and were determined to keep each other motivated to complete the problem set. We stopped at Starbucks for a mental break because we knew we would be up for awhile. As the night dragged on, our light bulbs were finally going off and keeping us energized. Problem 9 was the first time we didn't consult each other or the solutions. At 1:45am we both hit "Run Solution" at the same time and held our breath as we checked our answers against the Professor's. Upon realizing that we were both correct, we jumped up, hugged each other, and screamed (not very quietly) with excitement. Shortly after that, we heard both of her dogs barking and her husband's footsteps as he tried to shoosh Phoenix and Farrah back to bed. True to our word, we kept our promise and completed the 10th and final problem at 2:11 am.
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