Seriously considering dropping FINS 1613... (3 Viewers)

[Question2]

I have tried listening to the week 3 recordings, but i still have no idea what the lecturer is talking about most of the time. And im very shaky on week 2. I dont know what i can do...i dont think i can cope with the course. I've tried looking at the tutorial answers, but i have no idea how the answers are derived since most of the steps are skipped. Tried talking to my tutor, but most of the explanations went over my head and she didn't seem to have the time to go through the lectures again...any suggestions?

 

[LOLXD]

consultations brah

or i can give you my tutor's solutions for each week he does his own poweproint kind of thing and has some steps/guides and revision

 

[Question2]

Sure, i will take any help i can get at this point. Can you upload them to www.mediafire.com?

 

[Riachain]

I'm facing the exact same problem, haha. I'm basically two weeks behind, because it took me a while to understand most of week 2's content, and now I'm trying to understand week 3's content for my quiz tomorrow. FINS1613 is hard, ugh. I don't think that Finance will suit me for my major... but I'm still going to go ahead and attempt this course anyway.

Now... just looking at the tutorial answers aren't enough. Try attempting all of the tutorial questions yourself, looking back at the lecture notes for the basic formulas to guide you along. After you finish attempting each question, check the tutorial answers and you should have a better grasp of how the answers were derived. If you don't, highlight the question and bring your questions + your work for the questions to your tutorial, bring them to your tutor (ask your tutor if you can meet with them outside of the tutorial, I need to try doing this), or bring them to the lecturer during consultation hours.

I've noticed that a lot of FINS1613 is based on different formulas. Writing down all of the formulas on a sheet of paper would definitely help you with this course. Ever since I started doing this, FINS1613 has gotten a tad bit easier to understand. The PowerPoints are rather messy and confusing, so writing the proper formulas down on a sheet of paper will, in my opinion, definitely help you.

Or you can ask a second/third/fourth year Finance major for help. I have a friend who's taking Finance as their major and they're in their second year. I sometimes ask him for help.

Edit: Urgh. Just attempted the FINS1613 quiz and it went pretty badly. I'm pretty sure I failed the quiz...

 

[4025808]

yeah, just did the quiz and my god. I think ill probably end up with 5-6/10. Now whats worse is that I'm an actl major, so this should be an easy course for me :/

 

[steffanie1]

a

 

[4025808]

Your an actl major and you couldn't price a bond with once annual payment :|.

nah I can do that, just that it's much harder to do it in the exam....

oh well, gotta wait till next quiz

 

[Riachain]

Yeah. Thank goodness that only the top 3 quiz marks count.

 

[maratyeu]

I wonder how many of you guys actually put in the effort to learn.

Its suggested as a full time student you should be spending 10hrs/week a course.

Yes thats an outrageous amount and I'm sure next to no one puts in that much time.

But how long did you spend before you decided to give up? Honestly.

Finally its a first year course. How hard do you think they'll make it? Its not suppose to be easy but also its not suppose to trip you up.

 

[4025808]

I wonder how many of you guys actually put in the effort to learn.

Its suggested as a full time student you should be spending 10hrs/week a course.

Yes thats an outrageous amount and I'm sure next to no one puts in that much time.

But how long did you spend before you decided to give up? Honestly.

Finally its a first year course. How hard do you think they'll make it? Its not suppose to be easy but also its not suppose to trip you up.

Spent the whole week cramming in week 1-4 stuff. Also, it's not how much you study but how you study which gets you the marks. Ultimately, some people are just smart and thus study less to get a good mark

 

[Riachain]

I wonder how many of you guys actually put in the effort to learn.

Its suggested as a full time student you should be spending 10hrs/week a course.

Yes thats an outrageous amount and I'm sure next to no one puts in that much time.

But how long did you spend before you decided to give up? Honestly.

Finally its a first year course. How hard do you think they'll make it? Its not suppose to be easy but also its not suppose to trip you up.

Um, excuse me? I spend at least 3 - 5 hours each week studying for this course, doing the tutorial questions, reading the textbook, etc.

The reasons behind why I don't get FINS1613's content is because the textbook is confusing, the lecture slides are confusing, and my tutor explains the work using methods that differ from both the textbook and the lecture notes. So please don't just assume that I'm a lazy butt, and that's why I don't understand anything, because I'm certainly not one.

Also, perhaps the content itself may not be confusing, but when you're getting mixed signals from every single source available to you (like I am), you'll start getting confused too.

 

[4025808]

Um, excuse me? I spend at least 3 - 5 hours each week studying for this course, doing the tutorial questions, reading the textbook, etc.

The reasons behind why I don't get FINS1613's content is because the textbook is confusing, the lecture slides are confusing, and my tutor explains the work using methods that differ from both the textbook and the lecture notes. So please don't just assume that I'm a lazy butt, and that's why I don't understand anything, because I'm certainly not one.

Also, perhaps the content itself may not be confusing, but when you're getting mixed signals from every single source available to you (like I am), you'll start getting confused too.

Yup, I do agree that the lecture slides are pretty damn confusing. Read the textbook, and started it to understand from there. The textbook isn't that great either for explaining concepts, but in terms of questions it's quite good though.

 

[halapenyo]

Um, excuse me? I spend at least 3 - 5 hours each week studying for this course, doing the tutorial questions, reading the textbook, etc.

The reasons behind why I don't get FINS1613's content is because the textbook is confusing, the lecture slides are confusing, and my tutor explains the work using methods that differ from both the textbook and the lecture notes. So please don't just assume that I'm a lazy butt, and that's why I don't understand anything, because I'm certainly not one.

Also, perhaps the content itself may not be confusing, but when you're getting mixed signals from every single source available to you (like I am), you'll start getting confused too.

calm down.

 

[Riachain]

Yup, I do agree that the lecture slides are pretty damn confusing. Read the textbook, and started it to understand from there. The textbook isn't that great either for explaining concepts, but in terms of questions it's quite good though.

I agree, the questions are quite good. Lots of material to work on.

But I still think the textbook should burn in a fire. It spends way too much time explaining and not enough time showing how an example was solved. Sure, it shows steps, but it doesn't show how a formula was derived from another formula, etc. Sometimes I think that people who write/compile textbooks should read their own work and find out how terrible their own works are.

calm down.

Sorry, calming down. Err, just to clarify, I didn't mean to sound angry. It just sort of turned out that way. But I'm definitely not mad, just maybe a tad bit irked that people come to conclusions a bit too quickly. Not studying for a long enough time is, in a lot of cases, not the reason behind why people don't do so well in a particular course. In many cases, the content is delivered in a confusing way, or the course just ain't "right" for them (some people have a natural aptitude for some courses and not for others), etc.

 

[4025808]

I agree, the questions are quite good. Lots of material to work on.

But I still think the textbook should burn in a fire. It spends way too much time explaining and not enough time showing how an example was solved. Sure, it shows steps, but it doesn't show how a formula was derived from another formula, etc. Sometimes I think that people who write/compile textbooks should read their own work and find out how terrible their own works are.



Sorry, calming down. Err, just to clarify, I didn't mean to sound angry. It just sort of turned out that way. But I'm definitely not mad, just maybe a tad bit irked that people come to conclusions a bit too quickly. Not studying for a long enough time is, in a lot of cases, not the reason behind why people don't do so well in a particular course. In many cases, the content is delivered in a confusing way, or the course just ain't "right" for them (some people have a natural aptitude for some courses and not for others), etc.

Or maybe it would be a better idea if the formulas used in finance and that could be derived using terms we'd normally use in maths.

and yeah, they should definitely look at their own work + review it.

 

[maratyeu]

As you've noted its not how much you study but how smart you study.
True, but if you truly put in enough time especially at this level (first year) then everything should fall into place. Time as in pure time not I spent 4 hours "studying which includes 2hrs of fapping, 1 hr eating and 5 minute shitting time.

On the mixed messages thing, you should be smart enough to discern which method you feel more comfortable with.
Derive formulas? How much has FINS changed from when i did it. It was simply plug and play. General math stuff there.

 

[Riachain]

As you've noted its not how much you study but how smart you study.
True, but if you truly put in enough time especially at this level (first year) then everything should fall into place. Time as in pure time not I spent 4 hours "studying which includes 2hrs of fapping, 1 hr eating and 5 minute shitting time.

On the mixed messages thing, you should be smart enough to discern which method you feel more comfortable with.
Derive formulas? How much has FINS changed from when i did it. It was simply plug and play. General math stuff there.

And I'm telling you that I have put in pure time, and that pure time just doesn't cut it. *shrug*

I have, but it takes a while to figure out which one I'm most comfortable with. Bit of experimentation with a couple of questions, etc.

And by deriving formulas, what I mean is that instead of memorizing a bazillion formulas, it'd be better to memorize a few and then rearrange said formulas to find their variables. For the mathematically disinclined (like I am), we need people to explain how to rearrange those formulas so that you can try to find a specific variable. Some formulas are easy to rearrange. Others, not so much. Neither my lecturer nor my tutor has fully explained how certain formulas were derived from their "basic" formula, leaving me (and probably several others) stressed, since I have to memorize other varieties of the basic formulas to find their variables. =/

Anyway, I don't know when you did FINS1613, but if it's been a couple of years - well, a lot can change. From what I'm finding, our given questions aren't as easy as simple plug, chug, and play.

 

[Shadowdude]

FINS1613

lol


The single subject that put me off a Finance major, and the Commerce degree as a whole.

 

[kaz1]

Your an actl major and you couldn't price a bond with once annual payment :|.

hahaha

 

[tambam]

For the first quiz there were only 4 different tests.
Make friends and just find out all the questions beforehand.