Finnish university students graduate later than their counterparts in other countries. For several years, Finnish higher education policy, regulated by Finland's Ministry of Education and Culture, has aimed at fostering the graduation of students in a shorter time than at present. The study at hand provides insights into one of the reforms carried out in an endeavour to shorten the time it takes for students to complete their studies. The study examines the role of electronic exams using the survey data of 247 university students at the University of Tampere. The questions of interest are 1) Why electronic exams? 2) What is the purpose of them? 3) What are students' experiences with electronic exams? 4) Do electronic exams make studying more flexible? The results of the study indicate that electronic exams have indeed helped students study more flexibly and provided them with greater decision-making power in planning their studies.