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Evidence Guide: FNSFMK501 - Analyse financial markets and information

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

FNSFMK501 - Analyse financial markets and information

What evidence can you provide to prove your understanding of each of the following citeria?

Determine key financial markets for analysis

  1. Identify different sectors that occur within the financial market
  2. Analyse the interrelationship between different market sectors, participants and the economy
Identify different sectors that occur within the financial market

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Access market information

  1. Clearly establish aims and objectives of financial markets analysis are in accordance with client and organisational requirements
  2. Set clear and quantifiable parameters for identification and sourcing of information in accordance with legislative and organisational requirements
  3. Access and evaluate market information and data in terms of validity, reliability and relevance in accordance with identified analysis requirement
  4. Use appropriate methods of analysis, testing, assessment and evaluation to the information and goals and objectives of research
Clearly establish aims and objectives of financial markets analysis are in accordance with client and organisational requirements

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Interpret trends and market developments

  1. Undertake quantitative and/or qualitative analysis of comparative market data using standard financial analysis techniques
  2. Identify and evaluate economic trends and market developments in terms of potential implications and impacts on business
  3. Identify and quantify risk contingencies in accordance with industry standards, precedents and techniques
  4. Apply sound inductive reasoning to ensure consistency of interpretations based on available information
Undertake quantitative and/or qualitative analysis of comparative market data using standard financial analysis techniques

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Report on market data

  1. Prioritise and prepare market performance, trends and risk analyses for presentation in required format, style and structure
  2. Verify conclusions are current and sufficiently detailed to meet identified analysis requirements
  3. Prepare and distribute reports to relevant persons within agreed timeframes and in accordance with organisational requirements
  4. Use market information and data in accordance with relevant legal and ethical constraints and organisational requirements
Prioritise and prepare market performance, trends and risk analyses for presentation in required format, style and structure

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

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

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

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

Required Skills and Knowledge

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.