Advanced Diploma in Financial Markets

Associated Assessment Criteria for Exit Level Outcome 1:

• Investment and investment advice services: Constructed and provided to clients.
• Correct procedures: Implemented for take-on of new clients, client identification, verification, record keeping, and suspicious transaction reporting.
• Rules and regulations: Pertaining to provision of financial markets information and advice applied.
• Codes of conduct: Applicable to financial markets are applied.
• Risk evaluation: Associated with different asset classes are evaluated and managed.
• Risk factors: Political risks, legislative risks, currency risks, and equity risk premiums are evaluated.
• Tax implications: Of different asset classes and trading in those asset classes are explained and calculated.
• Investment analysis and portfolio management: Described, and effects of financial instruments used in portfolio management are calculated.

Associated Assessment Criteria for Exit Level Outcome 2:

• Financial markets system: Described along with its constituent components, functioning, and regulatory framework.
• Local and international financial markets: Explained along with financial market products and the macro-economic environment.
• Terminology: Pertaining to financial markets classified.
• Participants in financial markets: Specific roles are described.
• Rules and regulations: Pertaining to financial markets and financial instruments are described and interpreted.
• Exchange control: In a financial market environment is described.

Associated Assessment Criteria for Exit Level Outcome 3:

• Costs of transactions and corporate events: Calculated and recorded.
• Trades: Processed with correct prices, associated taxes, and fees.
• Corrections: Made where prices/fees negotiated are different from system process.
• Reconciliations: Bank, regulatory, and investment product reconciliations are performed.
• Fees and interest payments: Calculated and processed.

Associated Assessment Criteria for Exit Level Outcome 4:

• Legislation, rules, and regulations: Specifically regarding trading in different financial markets are analysed.
• Legislation and regulations: Regarding provision of information to clients are explained.
• Regulatory requirements: Regarding investments communicated to clients are identified.
• Settlement requirements: Regarding position keeping, reporting, matching, and clearing on various financial markets and unlisted securities are explained.

Associated Assessment Criteria for Exit Level Outcome 5:

• Settlement timetable: For transactions conducted on various financial markets and by different participants within the markets are described.
• Role, rules, and function: Of the regulator, central securities depository, clearing house, and participants are explained.
• Requirements: Needed to effect settlement within different financial markets and instruments are described.
• Custody and administration: Of securities amongst members and authorised users are explained.
• Procedure required: To settle uncertified securities is described.
• Financial requirements: For authorised users and members are described.
• Mark-to-market and margin positions: On various financial markets are calculated and evaluated.

Integrated Assessment:

• Formative assessments: Continuous basis throughout the qualification.
• Summative assessments: Done according to schedule outlined in the Learning Guide.
• Results communication: Timeously communicated to learners for continuous feedback.
• Moderation processes: Ensure correctness and accuracy of recorded marks, analysis of external moderators' reports, and improvement of the programme based on insights gained from moderation.

Semester Modules:

• Formative assessments: Discussed in class once marked, with scripts and marks provided to learners.
• Final assessment: Summative assessment written at end of semester in June and November.