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考试详情

考试日期及时间： 2008年11月30日, 星期天，上午 10:00
最晚到达考场时间： 上午 09:30
ETS注册号： 0000000005758827 
姓名（中文）： 熊易
姓（拼音或英文）： XIONG
名（拼音或英文）： YI
生日： 1981-12-31
证件号： XXXXXXXXXXXXXXXX
考场名称： 华东师范大学
考场地址： 上海中山北路3663号上海华东师范大学文科楼407
考场代码： STN80039A

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GMAT:

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Candidate:
Yi Xiong

Exam:
GMAT: Graduate Management Admission Test

Test Center:
Pearson Professional Centers-Shanghai, China
Rm.1006, A Bldg., Universal Mansion
168-172 Yu Yuan Road,
Jing An District,
Shanghai, SHH 200040
CHN
(86)21-62496041

Appointment:
Thu, 20 Nov 2008 / Start Time: 09:00

Appointment Number:
225933275

Date/Time Appointment Created:
Wed, 18 Jun 2008, at 14:35 GMT

Exam Total:
$US 250.00

GMAT® Information Bulletin:
$US 0.00

GMATPrep™:
$US 0.00

Tax:
$US 0.00

Amount Paid:
$US 250.00
**** **** **** 2530

Order Number:
0001-2696-2793

You have agreed to the terms and conditions set forth in the GMAT® Information Bulletin including without limitation those related to testing; score cancellations; exclusive remedies for testing/scoring errors; examinee misconduct/test irregularity policies; privacy policies; collection, processing, use and transmission to the United States of your personally identifiable data (including the digital photograph, fingerprint, signature and video recording collected at the test center), and disclosure of such data to GMAC®, its service providers, any score recipient you select and others as necessary to prevent unlawful activity or as required by law. The Bulletin is available on www.mba.com, or you may request a copy by contacting Customer Service.

Check-in Policy:
Please arrive at the test center 30 minutes before your scheduled appointment. This will allow you enough time to complete the check-in procedures before beginning your exam. If you arrive more than 15 minutes after your appointment time and are refused admission, the exam and delivery fees are not refundable.

You will not be allowed to take any personal items with you into the testing room. This includes all bags, books not authorized for this exam, notes, cell phones, pagers, watches and wallets.

Identification Requirements:

When you arrive at the test center you will be required to present at least one form of GMAC®-approved, non-expired, government-issued identification (ID) that clearly shows your name (in Roman characters, as in this letter), photograph, signature, and date of birth. With some restrictions and exceptions as noted below and on www.mba.com, the only approved forms of ID are a passport, driver's license, national or state ID card, or military ID card. The name and birth date on your ID must match exactly the name and date of birth you provided when you registered for the exam.

The test administrator cannot allow you to test if your ID is not an approved form of ID, or it does not contain all four of the elements listed above, or it does not match the name and date of birth you provided when you registered for the exam. If your ID is missing one of the four elements (such as a signature), or has expired, you will need to present a second form of ID (matching the name on the first ID) that has the missing element, or is not expired.

Please also check to determine whether you belong to one of the groups of test-takers required to present a passport and/or subject to other ID restrictions, as in the following situations:

• If you are testing in Bangladesh, China (including Hong Kong), India, Japan, Pakistan, Singapore, or South Korea — you must present a passport.
• If the only GMAC®-approved form of ID in your country that includes all the required elements (name, photograph, signature and date of birth) is a passport — you must present a passport.
• If you are testing outside your country of citizenship — you must present your passport (unless you are an EU citizen testing in an EU country).
• If you are a citizen of Cuba, Iran, North Korea, Sudan, or Syria — you must present a passport together with another form of government-issued documentation (matching the name on your passport) proving your primary residence is in a country not subject to U.S. government sanctions.

The information provided above is a summary only. Please visit www.mba.com/GMATIDPolicy for the most current and complete information concerning approved forms of ID, including special restrictions that may apply based on the country you are testing in. ID requirements are strictly enforced at the test center, and test administrators are not authorized to grant exceptions. If you have questions about the ID requirements, are unable to meet them for some reason, or are not sure if your ID is acceptable for entry to the test center, please contact Pearson VUE.

Reschedule/Cancellation Policy:
You may reschedule or cancel your appointment at any time. However, keep in mind that the following costs may apply depending on when you change your appointment.

Time Frame
Fee/Refund

Reschedule your appointment

7 calendar days or more before the scheduled test date and time
$US 50.00 per reschedule charge

Less than 7 calendar days before the scheduled test date and time
Additional $US 250.00 fee

Cancel your appointment

7 calendar days or more before the scheduled test date and time
$US 80.00 refund

Less than 7 calendar days before the scheduled test date and time
No refund

* The rescheduling fee and cancellation refund amount are subject to change without notice.

Directions to Pearson Professional Centers-Shanghai, China

Pearson Professional Center is located in Jing An District, next to the Jing An Temple.
[Subway]
No.2 line to Jing An Temple Station, Exit 1
Going forward to Yu Yuan Road, the Shanghai Universal Mansion ( exterior is glass mixed with Golden and Green color) is just opposite the Yu Yuan Road.
* From Inner City *
[Bus]
No. 15, 830, 824, 76, 94, 40, 113, 506, 927, 93, 20, 21, 37, 112, 738 to Jing An Temple Station, the Shanghai Universal Mansion is in the fields of vision, within 5-10 minutes walk.
* From Shanghai Railway Station *
[Bus]
No. 113, 506 to Jing An Temple Station, the Shanghai Universal Mansion is in the field of vision, within 5-10 minutes walk.
* From Pu Dong Airport *
[Bus]
No. 2 Airport Line to Jing An Temple
* From Hong Qiao Airport *
[Bus]
Airport Special Line to Jing An Temple

回忆了部分考题，希望对大家有帮助 (YC BY BENTLY)

上午ESSAY，先是INDIVIDUAL IPS，这道题还行，LIVING EXPENSE被SALARY COVER了，PORTFOLIO主要用来满足两个孩子上学，以及SOPPORT老爸WLAT的living。

第二题是INSITITUTIAL IPS,讲的是一个航空公司，财务状况挺差，然后PLAN FEATURE又有LUMP SUM MONEY又有early retirement, plan 又是underfund的，然后问问你他的DB应该怎么样的。

后面有考implement shortfall 与vwap 分别适用于怎样的交易。

resampled efficient frotier有啥优缺点。

behavioral finance，包括overconfidence, regret avoid, representativeness，都是描述一个行为让你画圈，选一个，然后说理由。

然后有BUY AND HOLD, CONSTANT MIX STARTEGY, CPPI的选择计算。

market order ,limit order on nano and xx公司股票的execution.

true avcitve, mis fit的计算

ASSET ONLY, ALM的优劣分析。

change duration, beta之类的计算。

还有类似用多少future hedge principal。

mbs, callalabe bond, non callable bond 在spread 变大，interest rate下降的情况下，表现的差异比较。

有一道大题是commodity forward price with active lease market的，问问到底是不是有套利。计算future price和 用rf-lease rate的差别。

corner portofolio的选择，计算weight，以及当有无风险可借贷时的选择，以及利润计算。

DB有个EXCESS RETURN，没见过，不知道怎么做。

上午一共11题，时间比较紧。 

  BY BENTLY

下午先是2题ethics，个人觉得挺难的。

后面一题是economics，包括3个janpan,singapore,usa等5个国家，然后算哪个unhedge return最高，哪个hedge return最高。

infomation ratio的计算题，还有ic(ib)1/2

有一道taylor 算r target的

然后有immunization 的计算，cash flow matching的

有一题是A公司借钱给B公司，还买了个PUT OPTION，问你A公司的EAR，一般以前练习，都是问B的。

然后有几个触发或不触发STRIKE PRICE的OPTION PAYOFF计算。

commodity 的一些计算和概念的选择题

当有借贷的时候，return是多少。rp=ri+b/e(ri-cost)

还有一些关于用什么option hegde的问题。

当gamma大的时候，容易hedge or difficult for hedge.

time weighted return的计算。

gips考到的内容挺少的。今年比较庆幸。

能想起来的暂时就这些了。下午时间比较充裕，一般2个小时就能做完了。

希望这次能通过LEVEL 3～～ 赞个RP.

三级上午的ESSAY好难啊～～～

熬了三年，终于快到头了，虽然这次心里没有底，但是还是希望能够顺利通过。

ps，其实这个证没有多大用处，没考的兄弟姐妹就不要跳火坑了。

最后同祝愿，candice、Monica-yao、Roy－liu，大家能一起通过～。

BLESSING

2008.6.8 浦东展览馆见～