This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well. It'll also help if you know the two separate words that make up this longer word.
My son flew back home smiling after finishing the entrance exam.
What? The entrance examination fees are that expensive? I'm gonna go bankrupt!
What! She’s failed the entrance exam?