Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners

FNSFMK501 Mapping and Delivery Guide
Analyse financial markets and information

Version 1.0
Issue Date: May 2024


Qualification -
Unit of Competency FNSFMK501 - Analyse financial markets and information
Description
Employability Skills
Learning Outcomes and Application This unit describes the skills and knowledge required to monitor and assess markets and information, analyse economic trends and developments, and provide market reports.It applies to individuals who use specialised knowledge, systematic approaches and analytical skills to provide recommendations and guidance in strategic organisational activity.No licensing, legislative or certification requirements apply to this unit at the time of publication.
Duration and Setting X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting.

Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the financial markets field of work and include access to:

office equipment, technology, software and consumables

financial services product information.

Assessors must satisfy NVR/AQTF assessor requirements.
Prerequisites/co-requisites
Competency Field
Development and validation strategy and guide for assessors and learners Student Learning Resources Handouts
Activities 		Slides
PPT 		Assessment 1 Assessment 2 Assessment 3 Assessment 4
Elements of Competency Performance Criteria              
Element: Determine key financial markets for analysis
  • Identify different sectors that occur within the financial market
  • Analyse the interrelationship between different market sectors, participants and the economy
       
Element: Access market information
  • Clearly establish aims and objectives of financial markets analysis are in accordance with client and organisational requirements
  • Set clear and quantifiable parameters for identification and sourcing of information in accordance with legislative and organisational requirements
  • Access and evaluate market information and data in terms of validity, reliability and relevance in accordance with identified analysis requirement
  • Use appropriate methods of analysis, testing, assessment and evaluation to the information and goals and objectives of research
       
Element: Interpret trends and market developments
  • Undertake quantitative and/or qualitative analysis of comparative market data using standard financial analysis techniques
  • Identify and evaluate economic trends and market developments in terms of potential implications and impacts on business
  • Identify and quantify risk contingencies in accordance with industry standards, precedents and techniques
  • Apply sound inductive reasoning to ensure consistency of interpretations based on available information
       
Element: Report on market data
  • Prioritise and prepare market performance, trends and risk analyses for presentation in required format, style and structure
  • Verify conclusions are current and sufficiently detailed to meet identified analysis requirements
  • Prepare and distribute reports to relevant persons within agreed timeframes and in accordance with organisational requirements
  • Use market information and data in accordance with relevant legal and ethical constraints and organisational requirements
       


Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Determine key financial markets for analysis

1.1 Identify different sectors that occur within the financial market

1.2 Analyse the interrelationship between different market sectors, participants and the economy

2. Access market information

2.1 Clearly establish aims and objectives of financial markets analysis are in accordance with client and organisational requirements

2.2 Set clear and quantifiable parameters for identification and sourcing of information in accordance with legislative and organisational requirements

2.3 Access and evaluate market information and data in terms of validity, reliability and relevance in accordance with identified analysis requirement

2.4 Use appropriate methods of analysis, testing, assessment and evaluation to the information and goals and objectives of research

3. Interpret trends and market developments

3.1 Undertake quantitative and/or qualitative analysis of comparative market data using standard financial analysis techniques

3.2 Identify and evaluate economic trends and market developments in terms of potential implications and impacts on business

3.3 Identify and quantify risk contingencies in accordance with industry standards, precedents and techniques

3.4 Apply sound inductive reasoning to ensure consistency of interpretations based on available information

4. Report on market data

4.1 Prioritise and prepare market performance, trends and risk analyses for presentation in required format, style and structure

4.2 Verify conclusions are current and sufficiently detailed to meet identified analysis requirements

4.3 Prepare and distribute reports to relevant persons within agreed timeframes and in accordance with organisational requirements

4.4 Use market information and data in accordance with relevant legal and ethical constraints and organisational requirements

Evidence of the ability to:

monitor and evaluate changes in market conditions using a range of data sources

access market information and produce reports using relevant data analysis methods and techniques

formulate and draw effective conclusions from the correct interpretation of quantitative and/or qualitative data analysis

work within legal and ethical constraints.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

To complete the unit requirements safely and effectively, the individual must:

describe the key roles played by intermediaries and issuers, and other participants including:

financial service providers

banks

brokers

investment banks

building societies

money brokers

financial companies

stockbrokers

futures brokers

retail and wholesale clients

ASX

analyse the economic environment including:

characteristics and impacts of economic and business cycles

government monetary and fiscal policies

interest rates, exchange rates and inflation

trends and market development affecting the information being analysed

describe key features of:

interrelationships between financial industry sectors and participants

structure and interrelationships within the financial markets

compare and contrast sources of market and comparative data

outline the key features and processes relating to:

methods of market data analysis

data collection and management systems

discuss the significance of economic concepts to the analysis of financial markets and information

describe the key features of:

relevant legislation including privacy and freedom of information legislation

organisational guidelines, goals and objectives

ethical constraints and codes of practice

outline key theories of investment, portfolio management and management of investment risk.

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Determine key financial markets for analysis

1.1 Identify different sectors that occur within the financial market

1.2 Analyse the interrelationship between different market sectors, participants and the economy

2. Access market information

2.1 Clearly establish aims and objectives of financial markets analysis are in accordance with client and organisational requirements

2.2 Set clear and quantifiable parameters for identification and sourcing of information in accordance with legislative and organisational requirements

2.3 Access and evaluate market information and data in terms of validity, reliability and relevance in accordance with identified analysis requirement

2.4 Use appropriate methods of analysis, testing, assessment and evaluation to the information and goals and objectives of research

3. Interpret trends and market developments

3.1 Undertake quantitative and/or qualitative analysis of comparative market data using standard financial analysis techniques

3.2 Identify and evaluate economic trends and market developments in terms of potential implications and impacts on business

3.3 Identify and quantify risk contingencies in accordance with industry standards, precedents and techniques

3.4 Apply sound inductive reasoning to ensure consistency of interpretations based on available information

4. Report on market data

4.1 Prioritise and prepare market performance, trends and risk analyses for presentation in required format, style and structure

4.2 Verify conclusions are current and sufficiently detailed to meet identified analysis requirements

4.3 Prepare and distribute reports to relevant persons within agreed timeframes and in accordance with organisational requirements

4.4 Use market information and data in accordance with relevant legal and ethical constraints and organisational requirements

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Identify different sectors that occur within the financial market 
Analyse the interrelationship between different market sectors, participants and the economy 
Clearly establish aims and objectives of financial markets analysis are in accordance with client and organisational requirements 
Set clear and quantifiable parameters for identification and sourcing of information in accordance with legislative and organisational requirements 
Access and evaluate market information and data in terms of validity, reliability and relevance in accordance with identified analysis requirement 
Use appropriate methods of analysis, testing, assessment and evaluation to the information and goals and objectives of research 
Undertake quantitative and/or qualitative analysis of comparative market data using standard financial analysis techniques 
Identify and evaluate economic trends and market developments in terms of potential implications and impacts on business 
Identify and quantify risk contingencies in accordance with industry standards, precedents and techniques 
Apply sound inductive reasoning to ensure consistency of interpretations based on available information 
Prioritise and prepare market performance, trends and risk analyses for presentation in required format, style and structure 
Verify conclusions are current and sufficiently detailed to meet identified analysis requirements 
Prepare and distribute reports to relevant persons within agreed timeframes and in accordance with organisational requirements 
Use market information and data in accordance with relevant legal and ethical constraints and organisational requirements 

Forms

Assessment Cover Sheet

FNSFMK501 - Analyse financial markets and information
Assessment task 1: [title]

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I declare that the assessment tasks submitted for this unit are my own work.

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Result: Competent Not yet competent

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Assessment Record Sheet

FNSFMK501 - Analyse financial markets and information

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

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