A lot of professors would prefer to skip exams that become a part of your grade. However, we (I teach at a college) are REQUIRED to at least give a final exam and are REQUIRED to have that as a part of their grade. sigh

I'd much rather teach and talk and enjoy with my students, but, alas, the design of most universities box us in at different levels (and let's not even get started on the "must publish research" side of teaching).

Just my $0.02.