1
Rotterdam School of Management
RSM04FI/BKM09FI – Risk Management
Personal information student
Written examination
General information
Date examination:
15/12/2014
Lecturer:
D. Bongaerts
Time examination:
9:30 till 12:30
Type examination:
Closed book
Number of questions:
4 questions
Number of pages:
XX pages (incl. cover sheet)
Name:
______________________________________
Student number:
______________________
Instructions
•
You are allowed to use a calculator.
•
You are not allowed to use a programmable calculator.
•
You are not allowed to use notes.
•
You are not allowed to use books
•
You are not allowed to use a dictionary.
•
You are not allowed to take the examination papers with you.
•
You are not allowed to take the scrap paper with you.
Additional information
Use the answer sheets provided
Please fill in your name and student number on every page
There are 18 sub-questions, each carries the same weight
Please scan the exam before you start answering the questions

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General grading guidelines:
1.
Mistakes due to incorrect copying from question, incorrect copying from calculator or typos
on a calculator (i.e. ‘calculation mistakes): -1; for these kind of errors it must be very clear
that those are calculation errors. Moreover, if due to calculation errors you get results that
make no sense whatsoever (i.e. answers that defy basic consistency checks), the deduction
will be -2.
2.
Absence of any explanation for theory questions or an answer that clearly shows severe lack
of understanding: -3 to -5 depending on severeness
3.
More common mistakes, such as forgetting a 2 in front of covariance term in the calculation
of portfolio variance or wrong sign of a hedge position: -2
4.
To discourage ‘shotgun answers’: incorrect statements do lead to deductions, even if the
correct answer is contained somewhere else
5.
Deductions are additive (e.g. a calculation mistake and a ‘common mistake’ together lead to
a deduction of -3)
6.
It is impossible to get negative points for questions
7.
If you get a result that cannot possibly be right and correctly comment on that, I may,
depending on the situation decide to grant you some of the points or deduct a lower number
of points.
Name :
____________________________________________________________
Student number :
____________________________________________________________