Finance Assessment of Competency Test (FACT)

Students planning to take the courses below are required to pass the FACT exam before they register for the following courses:

  • FIN 3023 — Intermediate Corporate Finance
  • FIN 3033 — Principles of Investments
  • FIN 4713 — Mortgage Banking and Real Estate Finance
  • FIN 4723 — Principles of Real Estate Investment

The FACT exam will test students’ knowledge and proficiency in topics covered in FIN 3013 and will specifically focus on

  • Time value of money
  • Bond and stock valuation (values and returns)
  • Capital budgeting (NPV and IRR)
  • Financial statements
  • Risk and Return
  • Weighted Average Cost of Capital

Exam dates and times are available through myUTSA. The exam will be

  • Administered by the UTSA Testing Services for a $15 fee
  • You must register through your myUTSA account at least 24 hours in advance of the exam
  • You may take the exam up to three times in a single semester, but the fee will be assessed each time the exam is taken
  • Is multiple-choice format
  • Contains 30 questions with calculations and concepts
  • Arrive 30 minutes prior to the test time and bring valid photo ID

The following resources are available

Becky Stratton


Rebecca Stratton

Senior Administrative Associate - Finance


Contact Us

For questions or clarification, please check with the Department of Finance.

Main Office: BB 4.01.12
Phone: 210.458.6315
Fax: 210.458.6320
Office Hours: Monday thru Friday | 8 a.m. to 5 p.m.

Resources for Roadrunners

Female student making Birds Up hand gesture in front of a logo for the Carlos Alvarez College of Business

Supporting Student Success

Learn about the resources and services available to you through the college and university as part of the Roadrunner community!