Longest final exam ever....

[DcifrThs]

well its official...

i'm about 3/4 way through the longest final exam ever (yes that subtracts time on 2p2 in the past 2 days).

ive worked a solid 9hrs on this thing so far and still have a good ways to go. sweet.

good news is, the hard parts are over...now its time to refine and value the takeover

FINAL: Fronteirs of Valuation. 6 questions. main question (#4)...using the sales forecasts of Q1, and your assumptions in Q3, build an integrated, proforma financial model of XXXXXXX. B/S data should begin for th eyear XXXX, and IS data should begin for year XXXX+1. Forcast model out XXXX+10....

sounds so easy.

WHat is your longest final exam? Dont vote if you've never taken a >=College level final exam.

Barron

PS- why is it in OOT that when i use the double quotation mark, i get "??

[diebitter]

6 hours - chemistry.

That was bad enough.

[drewjustdrew]

Was this a take home exam? That doesn't count.

[jakethebake]

[ QUOTE ]
FINAL: Fronteirs of Valuation. 6 questions. main question (#4)...using the sales forecasts of Q1, and your assumptions in Q3, build an integrated, proforma financial model of XXXXXXX. B/S data should begin for th eyear XXXX, and IS data should begin for year XXXX+1. Forcast model out XXXX+10....

[/ QUOTE ]

What the hell? This is what I do for fun! [img]/images/graemlins/grin.gif[/img]

Seriously though, if you're studying this because it's what you want to do for a living, expect to be doing it day-after-day for 10-14 hours at a stretch. This final will seem like nothing.

[mslif]

My longest exams (That I actually had to sit down in a classroom for) were about 6 to 8 hours. (some of the toughest ones were the tests that were given to me for my scholarships and admission into a foreign university)
Take home tests are different because you can get up and do other things, then actually get back to it when you feel like it. I have studied on those for days.

[SL__72]

My longest final took me about 20 hrs. It was a takehome final and we had two days to do it. I wasn't doing very well in the class and needed to do well on the final to pass. I made damn sure I was getting as good a grade as possible on that thing... Didn't really help.

Longest in class final was 4 hrs.

[arod15]

Certified Financial Planner is a long exam too i see on my horizon. Good luck with yours hope it went well....

[stigmata]

I had 8 hour chemistry practical exam. Going to the student union during the lunch hour for a pint (or two...) and getting back an hour late was what is know as a "Bad Idea." That wasn't a final, mind.

Good luck with the finals man!!!

[samjjones]

A "take home" final? WTF?

[DcifrThs]

[ QUOTE ]
[ QUOTE ]
FINAL: Fronteirs of Valuation. 6 questions. main question (#4)...using the sales forecasts of Q1, and your assumptions in Q3, build an integrated, proforma financial model of XXXXXXX. B/S data should begin for th eyear XXXX, and IS data should begin for year XXXX+1. Forcast model out XXXX+10....

[/ QUOTE ]

What the hell? This is what I do for fun! [img]/images/graemlins/grin.gif[/img]

Seriously though, if you're studying this because it's what you want to do for a living, expect to be doing it day-after-day for 10-14 hours at a stretch. This final will seem like nothing.

[/ QUOTE ]

i enjoyed the exam.

interesting stuff...my main problem is theoretical implications of the "plug" ... he said use debt as teh plug...but debt is used in many other things, including WACC calculations (theoretically the plug changes nothing but its still affected financing levels on a year to eyar basis).

the non-dividend/interest paying income is used to pay down the 70mm in debt taken on to finance the acquisition...when debt becomes a plug its value as a line item deteriorates.

i have a meeting w/ prof in 30 mins so i'llg et that quiestion answered.

EDIT: wrt my career i'll be using excel and other programs to be piecing together portfolios of mortgages for structuring and packaging for sale to investors if i take the job at Nomura (i'll likely be doing this till god knows when in the morning and sleepa few hours and get back to it) NOW...if i GET the job im interviewing for next weekend i may not have to use my back up...and in that case i have to go through the routine sales and trading training and placement process which may or may not end me up in structured finance.....aint life grand [img]/images/graemlins/smile.gif[/img]

Barron