Got about as far as I did Johnsy, those people at uni crack me up. In pretty much every exam I have done there has been something there beyond the coursework where you need to actually think rather than regurgitate for get the right answer. It is amazing how some people still get surprised by it. I may not have any actual work experience in my field, but my belief has always been those who regurgitate blocks of text and formulas will eventually get found out, those who actually understand concepts and the rational behind them will do well. I actually have to thank one of my tutors from a few years back who would get you to answer a question by pretending to be a client and got you to be a consultant. It was amazing how many people could not go with that dynamic.
Then again, people at uni come straight from high school where memorising essays and large blocks of text is not only effective, but encouraged.