The requirements and corresponding assessment weights below do not constitute a unique menu of requirements because one menu “does not fit all.” One menu cannot be optimal for different students with different academic histories, training, abilities, and skills. Thus, there is a freedom to students to self-select and choose optional activities that will consume effort on the one hand and enhance their skills on the other. These optional activities might enhance their grade, if assessed better than non-optional requirements, but can never lower it. Students will allocate their effort (optimally) between necessary and optional course requirements. Normally, it is advisable to engage in optional requirements only after the necessary requirements are satisfactorily fulfilled.
*Contribution to Class lectures is measured by mere participation in class academic discourse, and does require “saying the right things” or “giving correct answers.”
**Projects and papers need to be approved by the instructor. The instructor will consequently select W for each activity.
Contribution to Class lectures and Homework Assignments (17%)
Following each class, students will solve and submit the textbook’s end of chapter problems consulting the solution manual judiciously. In addition, students will solve problems assigned in lectures. Assignments will not be returned before the course grade is assigned so students should keep copies of the submitted assignments. Submitted assignments will earn credit but will not be graded.
Students are required to ask for clarifications whenever class content or language are unclear.
Projects will be original, and use new data. Topics will have to be approved by the instructor. Each submission will include a signed statement “I have neither given, received, or taken unauthorized assistance on this submission” by each author. The report on the project should be brief and accompanied by presentation slides. Justifications of claims should be put in appendices. Students will submit both hard and electronic copies. Projects could follow models from the “Financial Modelling” recommended textbook.
Each of the above requirements is associated with all of the learning outcomes listed in Section 2.5. Attending and continuously following and participating in class discourse are essential to success in the other requirements including the exam. It is important that all class material will be learned and disseminated immediately after each class, and that all questions and clarifications will be addressed by the next class. Please email questions and requests including for reviews and repeated explanations well before the following class so it is determined whether to provide the answers personally or to the whole class. Projects and oral presentation will build students’ knowledge of the subject matter, interest, presentation skills, ability “to think on their feet,” and interviewing skills. Most of the exam questions will be subsumed in the class lectures and discussions, and few will refer to issues not fully discussed. Students who will engage in private conversations in class will be asked questions relevant to the prevailing class discourse till they are able to give a satisfactory answer.
The grade of this course, G, will be the following function of the individual requirement grades At, As, P1, P2, M and F, where At, As, P1, P2, M, and F ∈[0,1] ,
G1 = 6 x At + 11 x As + 9 x P1 + 37 x M + 37 x F
G = G1 + W x Max [P2- G1, 0]
Note that a student involvement in voluntary projects, oral presentations, papers, quizzes, quantified by the weight W, is insurance (option) that can only increase the grade.
It is essential that students participate in all class meetings and exams, and fulfill all course requirements. Failure to satisfy any of the course requirements will deny students the right to stand for further assessments. However, if makeup exams are approved, their formats will be determined by the instructors. Makeup exams might be verbal or include verbal parts.
The format of projects, assignments, and papers will be explained in class and will fit the particular item. However, all students’ submissions should include, in large block letters, the student’s full name, surname first, ID number, and the course code, and Course Section. Student will insert their individual submission in alphabetical order. Please see also the information in the section above. Submission of assignments must be done electronically directly to Moodle.