Formats and tools
- Unit Description
- Reconstruct the unit from the xml and display it as an HTML page.
- Assessment Tool
- an assessor resource that builds a framework for writing an assessment tool
- Assessment Template
- generate a spreadsheet for marking this unit in a classroom environment. Put student names in the top row and check them off as they demonstrate competenece for each of the unit's elements and performance criteria.
- Assessment Matrix
- a slightly different format than the assessment template. A spreadsheet with unit names, elements and performance criteria in separate columns. Put assessment names in column headings to track which performance criteria each one covers. Good for ensuring that you've covered every one of the performance criteria with your assessment instrument (all assessement tools together).
- Wiki Markup
- mark up the unit in a wiki markup codes, ready to copy and paste into a wiki page. The output will work in most wikis but is designed to work particularly well as a Wikiversity learning project.
- Evidence Guide
- create an evidence guide for workplace assessment and RPL applicants
- Competency Mapping Template
- Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners. A template for developing assessments for a unit, which will help you to create valid, fair and reliable assessments for the unit, ready to give to trainers and students
- Observation Checklist
- create an observation checklist for workplace assessment and RPL applicants. This is similar to the evidence guide above, but a little shorter and friendlier on your printer. You will also need to create a seperate Assessor Marking Guide for guidelines on gathering evidence and a list of key points for each activity observed using the unit's range statement, required skills and evidence required (see the unit's html page for details)
- Self Assessment Survey
- A form for students to assess thier current skill levels against each of the unit's performance criteria. Cut and paste into a web document or print and distribute in hard copy.
- Moodle Outcomes
- Create a csv file of the unit's performance criteria to import into a moodle course as outcomes, ready to associate with each of your assignments. Here's a quick 'how to' for importing these into moodle 2.x
- Registered Training Organisations
- Trying to find someone to train or assess you? This link lists all the RTOs that are currently registered to deliver FNSFMK522, 'Apply financial product knowledge in the context of the deal transaction cycle'.
- Google Links
- links to google searches, with filtering in place to maximise the usefulness of the returned results
- Books
- Reference books for 'Apply financial product knowledge in the context of the deal transaction cycle' on fishpond.com.au. This online store has a huge range of books, pretty reasonable prices, free delivery in Australia *and* they give a small commission to ntisthis.com for every purchase, so go nuts :)
Elements and Performance Criteria
1. Analyse financial markets products and their characteristics | 1.1 Review the relationship between risk and return for financial products 1.2 Compare different types of financial products traded in exchange-traded and over-the-counter (OTC) markets and the variables impacting their pricing 1.3 Assess the capabilities, benefits and risks of different physical and derivative financial products 1.4 Identify risk management strategies to manage the risks inherent in the financial products 1.5 Discuss how and why various financial market products are used by market participants |
2. Analyse the deal transaction cycle | 2.1 Identify categories of trading strategies 2.2 Differentiate the trading processes for exchange-traded and OTC markets 2.3 Outline the steps in the trading, clearing and settlement processes for exchange-traded financial products 2.4 Determine the steps for trading, confirming, settling, reconciling and managing collateral for OTC products 2.5 Identify risks and risk management strategies in transaction processes for financial markets products |
3. Maintain financial market knowledge | 3.1 Assess the impact of technological and regulatory factors on financial products and how they are traded and processed 3.2 Maintain professional competence in market knowledge in accordance with codes of conduct and regulatory and organisational requirements 3.3 Implement processes for maintaining up-to-date knowledge of relevant aspects of financial markets |