AE6211 –Economics of Corporate Finance

Assessment Rubrics

Component Weightage Group/Individual

1.Class Participation 10% Individual
2.Mid-term Test 20% Individual
3.Final Test 30% Individual
4.Assignments Presentation 40% Group

Learning Objectives and Outcomes

This course serves students who are interested in understanding why companies and the financial
markets behave the way they do from the orientation of economics, by providing a solid
economic foundation to the theory and practice of corporate finance in a modern world. Students
will also obtain a valuable teamwork experience and develop useful presentation skills.

Class Participation – Assessment Rubrics

Exemplary (reflect considerable achievement of the LOs) — Attend all the classes with good
preparation; actively engaged and involved during the classes; initiate in Q&A sessions;
exchange ideas with other students and the instructor effectively; volunteer to serve as class
representative.

Proficient (reflect moderate achievement of the LOs) — Attend all the classes; engaged and
involved during the classes; participate the Q&A sessions; exchange ideas with other students
and the instructor; volunteer to serve as group representatives.

Developing (reflect some achievement of the LOs) — Attend most of the classes; occasionally
participate the Q&A sessions; comment on other students’ opinions.

Unsatisfactory (reflect little or no achievement of the LOs) — Attend more than half of the
classes; seldom participate the Q&A sessions; limited interaction with other students and the
instructor.

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Mid-term Test and Final Test
In the 8th (16 Apr 2024) and 13th (21 May 2024) class, a mid-term test and a final test will be
conducted to test whether the intended learning outcomes are achieved. Students will be tested
along all the cognitive domains under the topics of corporate finance.

The mid-term test questions will be discussed during next class and answers will be provided at
NTULearn. The distribution and statistics of the test marks for the whole class will be reported
during lecture.

Assignments Presentation
Assignments – How it works.
1. After each lecture, four questions will be provided in an assignment set for discussion in the
following class. Students have been divided into four groups. Students in group N always
present question N, where N = 1, 2, 3 and 4. Difficulty of questions alters each time so that on
average each group will handle similar difficulty over the semester.
2. Each time TWO or THREE students from each group present their group answer to the
corresponding question. Each student should present at least TWICE throughout the course.
3. Students should prepare slides for presentation during the presentation. Each group will have 8
minutes for presentation and 2 minutes for Q&A with other students and the instructor. Students
need to email the instructor their slides right after the presentation so that the slides will be
uploaded to NTULearn for the rest of the class to share and learn.
4. Students from the same group will be awarded the same mark conditional on contribution to
the group work. The student who presents will get an extra bonus mark on top of the group mark
if he delivers an exceptionally good presentation. Marks are granted according to both the
content of the answer and the effectiveness of the presentation.
5. The default assumption is that each and every team member contributes to the teamwork with
their best capability. To prevent free-riders and to reward extra contributors, students have the
right to email instructors any time for complaints and for compliments. After investigation, if the
complaint or the compliment is verified, punishment or bonus points will be applied.

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Assignments – Assessment Rubrics
Exemplary (reflect considerable achievement of the LOs) — Description of the question is
highly accurate. Answers to the question are correct, complete, critical and creative. Analysis of
problems is logical, comprehensive and inspirational; reflects superior understanding of the
topic. Visuals are outstanding; well-structured, focused and effective; exceptionally well-
prepared and articulated. All the team members made significant contributions to the assignment
and supported one another’s learning.

Proficient (reflect moderate achievement of the LOs) — Description of the question is mostly
accurate. Answers to the question are correct and complete. Analysis of problems is logical and
comprehensive; reflects sound understanding of the topic. Visuals are very good; reasonable
structure and focus; well-prepared and articulated. Most of the team members made
contributions to the assignment and supported one another’s learning.

Developing (reflect some achievement of the LOs) — Description of the question is adequate but
lacks insights. Answers to the question are mostly correct and complete. Analysis of problems is
adequate; reflects adequate understanding of the topic. Visuals are adequate; some capacity and
focus; some evidence of preparation and satisfactory articulation. Only a few of the team
members made contributions to the assignment and supported one another’s learning.

Unsatisfactory (reflect little or no achievement of the LOs) — Description of the question is

limited or inaccurate. Answers to the question are incorrect or incomplete. Analysis of problems
is lacking; reflects some understanding of the topic. Visuals are inadequate; limited capacity and
focus; marginal; poor timing; unsatisfactory articulation. Team members did not make equal and
meaningful contributions to the assignment, nor did they support one another’s learning.

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