All students taking FIN 3023, Intermediate Corporate Finance, must take and pass the FACT (Finance Assessment of Competency Test) to remain registered in the class.

  • Testing Services posts FACT registration dates on ASAP for in office or Virtual appointments.
  • You may take the exam up to three times per semester.
  • You will be charged $15 fee each time you take the exam.
    • The $15 fee is charged automatically to your UTSA account, which you may pay online through your ASAP student account or in person at Fiscal Services.
  • Study materials are available through the Finance Department: (210) 458-6315.

On your scheduled test day:

  1. You must arrive 30 minutes before the scheduled test time.
  2. Bring a valid, non-expired, photo ID in order to test.
  3. Bring a financial calculator to use during the exam. Permitted models include:
    • HP 10B, HP 10bii, HP 10BII+
    • TI BAII, TI BAII Plus, TI BAII Plus Professional
    • Any four-function calculator

Virtual Zoom FACT exam Dates Now Available 

  • Register initially through ASAP.
  • Testing staff will email examinees with Zoom meeting details prior to test time.
  • Testing staff will email examinees with test voucher.
  • The test voucher will come from the CollegeBoard.
  • Be prepared to test at least 20 minutes prior to testing with valid photo id and only one financial calculator, no other electronics in testing room.
  • Testing room must have no other people but the examinee, no other electronics but the approved calculator.
  • Testing staff will request 360 camera view of entire room and reserve the right to request view of room throughout the testing process.
  • Hands of examinee and writing surface must be in view of camera while testing.
  • Phones and iPads may not be used to launch and take the FACT Virtual Zoom.
  • For questions, please email: