Semester 1 2023-2024

Fin1 – Project-based Learning

Final Assessment – Individual Assignment

Marks/ Weighting: Total 10 marks - 60% of the total grade of the course
Rubric/ Marking Criteria:
A detailed grading rubric will be available on the last two pages.
Assignments which are similar at least 50% will be halved;
Assignments which are similar more than 50% will be zero;

Due Date of the Final Report; Excel workbook; Turnitin report and a hard copy: 04 Jan 2024
Instructions for the assignment:
 You are required to submit a report in a Word file. Please include Excel worksheets that
show all of your calculations in your submission. The report should be submitted with
a Turnitin report.
 The hard copy includes the report, calculation, Turnitin report as an attachment.
The word limit is 3000 words, excluding reference list, graphs and tables, including in-text
citations. Exceeded word will not be marked. Tables, figures, and pictures should only be
used for summary and supplementary to the main discussions. The inclusion of main
discussions in tables, figures, pictures, or similar means is strictly prohibited, and if caught,
the words will be counted towards the final word count.

Please note that using/attempting to use any tricks to reduce word count or gain academic
advantages is considered academic misconduct.
 Your report should be formatted appropriately. (A4 page size, Font Style – Times New
Roman, Font Size – Headings 14 and body 12, Line spacing 1.5, Standard Margins,
Headings are required)
 You must add a cover page to the report with your details.
 You need to follow the Harvard Referencing style, format the reference list and add in-
text citations. Information without citations will be considered plagiarism.
 Save your report as Student ID_Full Name_Report; your Excel workbook as Student
ID_Full Name_Calculation, and your Turnitin report as Student ID_Full
Name_Report
Assessment details
(Please submit a well-written and organised report containing all your MS-Excel worksheets,
mathematical calculations and written comments.)

Assuming you just turn 22 years old, single and work in the financial industry. You live in a
rented one-bedroom apartment. The only source of income you have as of now is from your
employment. You want to buy a house/apartment in the next ten years. You plan to work
until you are eligible for pensions in retirement. The current life expectancy is 85 years of
age.
You would love to have a secure and worry-free retirement in which you will be able to travel
around the world and live the lifestyle you are accustomed to.
Following the personal financial planning life cycle, let’s creat a financial planning for your
whole life to assure that there will be sufficient funds available to pay for your retirement.
Reminder of essential information of personal financial plans
1. A summary of the goals
2. Significant assumptions and justification
3. Estimates
In your Excel Workbook, you need to demonstrate that you had undertakend the tasks of
using primary data and relevant assumptions to do relevant estimations.
4. Recommendations (your plans)
5. A description of limitations on the work performed
6. The recommendations in the engagement should contain qualifications to the
recommendations if the effects of certain planning areas on your overall financial picture
were not considered.
Important note: It is important to be as REALISTIC as possible. You MUST do your own
research to find the reasonable salary, living expenses, interest rate, etc. in the current and
future market. Data without assumptions/justifications/calculations/explanations will be
considered as unreliable data.
Some hints: You should consider your future career; risk management for individuals;
your risk profile and economic, political and any other significant events; Monte Carlo
simulation to check the robustness of your plans.
 ● Grading rubrics for individual’s written report

Criteria CLO Weighted Levels of Assessment Grade

Average
A B C D F
8,5-10 7-8,4 5,5-6,9 4,0-5,4 <4
Format 7,8,9 20% All assignment Assignment format Assignment has Assignment is Assignment is
format’s has professional format, spelling and sparsely written carelessly written
requirements are look but may have grammar errors. with many errors with many format
met with a some format and Sources are not of format, spacing, errors; and fails
professional look. No spelling errors. adequately cited. spelling and to meet format’s
spelling & grammar grammar. requirements.
errors; well-
presented tables &
graphs; and sources
are adequately cited.
Writing style 8,9 20% Writing is very clear, Writing is good Writing is unclear Substandard Poor writing with
coherent, logically with clear ideas, but with some writing which mainly “copy and
organized and some parts are not incoherent and lacks logical paste” ideas.
interesting. Main logical. vague ideas. organization.
ideas are well Ideas are vague
developed and with little evidence
supported of critical thinking.
throughout the
paper.
Content, 1,2,3, 50% Content meets Content meets Content basically Content just meets Content strays
including 4,5,6, assignment assignment meets assignment the minimum from the main
Excel work 7,8 requirements very requirements requirements requirement of topic; or
well, and indicates without sign of without sign of assignment, plagiarism is over
the synthesis, plagiarism. plagiarism. But without sign of 20%
expansion and in- However, content some parts of plagiarism. But the
depth analysis of does not indicate content are analysis is
ideas. No sign of the expansion of inadequate. underdeveloped
plagiarism ideas. and unoriginal.
Reference 1,2,3, 10% A variety of sources A variety of sources Sources are Sources lack The writing does
4,5,6, are adequately and are included, but reasonable but lack diversity. There not use adequate
8,9 correctly cited. there are some diversity. There are are many format research
format errors and quite a few format errors and reference. There
incorrect citations. errors and incorrect citation. are many format
incorrect citation. errors and
incorrect citation.

Learning Outcomes:
This assessment is relevant to the following course learning outcomes:
CLO1: Understand the basic knowledge about finance, financial management, risk management and investment.
CLO2: Evaluate personal current wealth using financial statements.
CLO3: Analyze personal financial targets to make financial plans and decisions that fit individual lifestyles.
CLO4: Analyze the uncertainties in life and how to manage these uncertainties.
CLO5: Analyze the feasibility of different possibilities of saving and investment and choose the appropriate ones to achieve the
targets.
CLO6: Understand the approaches to achieve personal financial freedom.
CLO7: Be able to use advanced applications and software in establishing personal financial goals, financial reports to assist the
process of planning, managing and achieving financial goals.
CLO8: Competent in academic English in the field of banking and finance.
CLO9: Be able to work individually and in a team in a constantly changing environment. Be able to present ideas, guide and lead
others in finding solutions to the assigned tasks throughout the project.