Yes, the program was distributed to students under an organisation license, this was setup by an autodesk representative. There is no \Windows directory in the x86 directory in disc 1, so i can't browse to the file. I guess this is why the error is occuring in the first place - there is no file to begin with.
I've tried pressing ignore and it throws another similar error but for a different file name, then the only options are retry and cancel.