FIN3704 Assignment 1
(COMPLETE ANSWERS)
Semester 2 2023 - DUE 14
August 2023
,1. General FIN 3704 assignment and examination information
Assessment criteria
It is essential that you are able to master all the learning outcomes for this module.
These are provided in the Study Guide at the start of each learning unit.
Assessment plan
Please take note of the following regarding the calculation of your year mark for
HFL1501, as well as your admission to the module’s take-home examination.
To pass the module HFL1501, you must obtain at least 50% for your final mark. Your
FINAL MARK for this module consists of your YEAR MARK (20%) and your EXAM
MARK (80%). However, your year mark is only considered if you obtain a minimum
of 40% in your exam.
To be allowed to submit the HFL1501 exam, you must submit any ONE of the two
assignments (either Assignment 1 OR Assignment 2). This means that you will be
admitted to the examination if you submit one or both assignments before their
respective due dates. If you submit no (zero) assignments, you will not be allowed
to submit the HFL1501 examination, and you will have to reregister for and repeat
the module at a later time.
However, BOTH assignment marks will count towards the calculation of your year
mark. If you submit only one assignment, this will seriously impact your year mark.
How will this work in practice?
• Your YEAR MARK counts 20% (Assignment 1 counts 10% and Assignment 2
counts 10%) of your final mark.
• Your EXAMINATION MARK counts 80% of your final mark. The take-home
question paper is for 80 marks.
• Your FINAL MARK for the module will thus be calculated as follows: 20% (year
mark) + 80% (examination mark) = 100% (final mark).
Look at the following examples to better understand how this works in practice:
• Lucy submits Assignment 1 and Assignment 2. She will be admitted to the take-
home examination, regardless of her assignment results. Her assignment marks
are 50% and 85% respectively. This means that her year mark is 68% (50% + 85%
divided by 2). To calculate her final mark, her year mark of 68% will be converted
to a mark out of 20, which will ultimately be added to her exam mark (which is out
2
, of 80 marks) if she meets the 40% subminimum requirement for the exam. If
Lucy gets a mark of 48/80 for the exam, her final mark will be 13.6 (which is 20%
of her year mark) + 48 (exam mark) = 61.6 = 62%
• Jane submits Assignment 2, but not Assignment 1. She will be admitted to the
examination, regardless of her assignment results. She receives a mark of 50% for
Assignment 2. Her year mark is 25% (0% + 50% divided by 2). If Jane also obtains
48/80 for the portfolio, her final mark will be 5 (which is 20% of her year mark) +
48 (exam mark) = 53%
• Matt submits both Assignments 1 and 2 and receives very good results for both
(80% and 90% respectively). His year mark is therefore 85% (80% + 90% divided
by 2). However, Matt decides that his year mark is so good that he doesn’t need to
prepare for the HFL1501 exam and that he will rather use the time to prepare for
his other modules. He underestimates the HFL1501 exam and does very poorly,
scoring only 36%. Because Matt has not met the 40% subminimum requirement
for the exam, his year mark cannot be taken into account. His final mark is 36%
and he fails the module. He has to reregister for HFL1501 again the next semester.
• Susan does not submit Assignment 01 or Assignment 2 before the prescribed due
dates. She is not allowed to sit for the HFL1501 exam and will have to reregister for
the module at a later time.
To summarise: If, for whatever reason, you are only able to submit one assignment,
you will still be allowed to submit the HFL1501 examination. However, we strongly
advise you to submit both assignments, as this gives you a better year mark and
improves your chances of passing the module.
Take note:
You need to obtain at least 40% in the examination before your year mark will be
considered. This means that if you obtain a mark of 39% or lower for the examination,
your year mark will not count towards your final mark, even if your year mark is 95%!
3
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