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IST310_LTI614_2016_v01
Work programme (lecture dates and topics as well as test dates) to follow.
IST310_LTI614_2016_v01
Dear Student
Welcome to the School of Business and Finance and specifically to the Long-term
Insurance and Retirement Funds module (IST310_LTI614). We sincerely hope that you
will find your studies in this course stimulating and rewarding.
This document provides you with important information about this course and about what
will be required of you in order to achieve success. Please familiarise yourself with the
main learning outcomes of this course and make sure that you have this document with
you when you attend lectures.
IST310_LTI614_2016_v01
Cell phones
Please switch off cell phones before the lecture starts. The use of cell phones in any way
will not be tolerated in class.
Mark queries
Marks may be queried using a mark query form obtainable from the administration office.
You must query marks within 5 working days of receiving marked scripts. Queries may
not be submitted without a hard copy of the script.
You are encouraged to make sure that you collect your scripts as soon as they become
available. The collection point for marked assignments and scripts is outside the marks
administrators office on the fourth floor of the EMS building or from the lecturers office.
Assessment and promotion
Students will only be allowed to sit for the tests and examinations if a valid student card
is produced at the venue. No exceptions will be allowed.
4. NOTIONAL LEARNING HOURS
This course has 15 credits and is pitched at NQF level 7/8. The 15 credits for this course
translates into 150 Notional Hours of Learning i.e. the amount of time a typical student
will need to meet the requirements of the course. An estimate of the required time to
meet the course requirements is outlined below around 10.5 hours/week including 3
hours of lectures and tutorials! This means that you are expected to spend about 7.5
hours per week in self-study and preparation of assignments on this course, every
week.
The 10.5 hours (excluding tests and examinations) will involve the following:
LEARNING ACTIVITIES
Contact with lecturer
Contact with tutor
Self-study
Assignments
Hours
per week
2 x 13 weeks
1 x 13 weeks
7 hours
1.5 hours per week
SUB - TOTAL
IST310_LTI614_2016_v01
Hours
per semester
26
13
91
10
140
10
150
5. LECTURES
You will only see your lecturer once a week (part time students) or twice a week (full time
students). It will therefore be impossible for him/her to cover every single word and
paragraph in the textbook. You will therefore have to use all resources to ensure that
you are well prepared for the assessments. It is strongly recommended that you read
the relevant sections in the handbook before a lecture.
It is important to realize that students will not learn everything they need to know by just
attending lectures. It is of utmost importance that students do self-study and
reading after the lectures to consolidate their knowledge.
Day
Tuesday
Friday
Wednesday
Time
15h10 16h00
09H40 10H40
17h30 20h30
Venue
C9
A4
MS1.8 / DL1 final
venue to be
confirmed
6. CONSULTATION TIME
You are invited to consult with your lecturers as soon as you are faced with a challenge.
Please do not postpone or hesitate to contact the lecturers. We would like to assist you
as early as is practically possible to remove any obstacles.
The lecturer will be available during certain consultation times during office hours for any
queries regarding the coursework. Part-time students who are not able to make use of
these consultation times are encouraged to e-mail the lecturer with queries regarding the
course.
Day
Tuesday
Friday
IST310_LTI614_2016_v01
Time
13h00 15h00
10h50 13h00
7. TUTORIAL SESSIONS
Group tutorials are implemented to supplement lectures, but are not mini or repeat
lectures. The tutorials are there to give you a chance to consolidate your knowledge,
solve your problems/misunderstanding and discuss specific difficulties with the topic.
These group tutorial sessions are run during a part of each lecture session (part time
students) and on specific times for full time students.
Most of the learning takes place in the group tutorials. Attendance of these tutorials
during a lecture session is compulsory and students who choose not to attend the
lecture/tutorial sessions should prepare for failure.
Solutions to the tutorial assignments will be discussed during group lecture/tutorial
sessions. Suggested solutions will be provided to students via iKamva.
8. ASSESSMENT
Each assignment, task and test has been designed to test your understanding of one or
more of the main learning outcomes. Formative assessment refers to the assignments
and tasks completed during the course of the semester. Summative assessment refers
to the final and overall assessment; in this case it is the final exam, which takes place at
the end of the course. A Summative Assessment tests your Skill, Knowledge and
Application (SKA) in all the main learning outcomes that were taught during the course.
The scope of this assessment therefore includes all of the work covered during the
semester.
Test and Exam requirements:
All students should have a calculator and a pen when tests and exams are written.
Please note that you may not answer question in pencil or use Tippex in a test or
exam.
Any calculator can be used in class, but during exams and term tests no calculators
without alphanumeric keys or memory cards may be used. It is strongly advised that you
acquire a good financial calculator for this purpose. The HP10 B model is strongly
recommended.
Assignments
Assignments must be submitted on time and submission instructions will be given for
each assignment. There will be no make-up assignments if any of the scheduled
assignments are not handed in for whatever reason.
Assignments may not be hand-written and font specifications are: Font Type: Arial; Font
Size: 12 and; 1.5 Spacing. You will suffer a 10% penalty if you resort to reducing or
increasing your font-size and spacing in order to meet a length requirement.
Assignments needs to be printed and handed in as agreed upon with the lecturer.
IST310_LTI614_2016_v01
If you need advice then please approach your lecturer or tutor. Consultation hours will be
outside the lecturers door.
Assignments and plagiarism
Plagiarism declaration (Please see www.uwc.ac.za/academicdevelopment)
Turnitin plagiarism-detection tool (if applicable)
Referencing details (APA system to be used in undergraduate modules) (if
applicable)
Semester Tests
Two semester tests (60 - 90 minutes) will be written. Refer to the work programme at the
beginning of this document for details of dates and times. A re-evaluation / medical test
will be written at a date to be announced (but usually one week later). Please see the
note on medical certificates. The scope of the test will cover all sessions covered since
the previous term test.
Class Tests
To consolidate the objectives of the lectures and tutorials class tests/assessments will be
written in class twice during the semester. No re-evaluations or medical tests will be
available for class tests.
The class tests/assessments will assess whether the outcomes of the course are being
achieved progressively in order for students and lecturers to monitor progress regularly.
Should progress not be evident at any point in time students need to take corrective
action in order to achieve the outcomes for the course by the end of the final
assessment.
Final Exam
This is the main, summative assessment (180 minutes) for this course. With this
assessment you are required to demonstrate that you have achieved the main objectives
of the course as described above. The scope for this exam is the entire course content.
Medical Certificates
Medical tests/examination will only be available on MEDICAL grounds. No excuses for
work commitments, traditional excursions or rituals, religious commitments or vague
reasons will be accepted. A medical examination will only be granted if an application
was made within 3 working days after the test/examination date. This application must
be done on the relevant form that is available from the marks administrator, and the
application must be supported by a medical certificate.
We reserve the right to check with the medical practitioner whether the applicant was
really unfit to prepare/write the test.
IST310_LTI614_2016_v01
Please take note: The scope of the medical test will be ALL THE WORK covered from
the start of the semester up to and including the work covered during the week of the
medical test.
Compilation of final Mark
Your module mark will be calculated from the formal and other assessments as
follows:
Assignment
Class tests
Class test 1
Class test 2
Semester tests
Semester test 1
Semester test 2
CAM
Exam
40
100
A minimum module mark of 40% is necessary for entry into the last final exam.
You will pass the module if your final mark is > 50% with a last assessment mark of
at least 40%.
You will obtain a distinction if your final mark is > 75.
IST310_LTI614_2016_v01
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IST310_LTI614_2016_v01
IST310 FT
Ms. Frances Oosthuizen
Telephone: 021 959 3214
Email:foosthuizen@uwc.ac.za
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