Page 60 - CAPE Financial Services Syllabus Macmillan_Neat
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 OUTLINE OF ASSESSMENT

Each Unit of the syllabus will be assessed separately. The same scheme of assessment will be applied
to each Module in each Unit. Grades will be awarded independently for each Unit. Candidates’
performance on each Unit will be reported as an overall grade and a grade on each Module of the
Unit. The assessment will comprise two components, one external and one internal (School-Based
Assessment).

EXTERNAL ASSESSMENT                                                                    (80 per cent)

Paper 01              This paper consists of forty-five (45) multiple-  (30 per cent)
(1 hour 15 minutes)   choice items. There are fifteen (15) items on     (50 per cent)
                      each Module and will assess each of the skills,
                      Knowledge and Understanding, Interpretation
                      and Application and Analysis and Evaluation.

Paper 02              This paper comprises two sections, Section A
(2 hours 30 minutes)  and Section B. Section A consists of three
                      compulsory short answer questions, one from
                      each Module in the Unit. Section B consists of
                      three compulsory essays, one from each
                      Module in the Unit. Each section will assess
                      the skills as defined in the syllabus.

Use of Calculators    Candidates are allowed to use silent, non-
                      programmable calculators to complete the
                      papers.

SCHOOL-BASED ASSESSMENT                                                                (20 per cent)

Paper 031

A research paper of approximately 1,500 words, exclusive of appendices. The research paper must
address an issue relevant to their society, and be based on any topic covered in any one, two or all
three Modules of the Unit being assessed. The School-Based Assessment for each Unit requires that
the project, which candidates undertake, must demonstrate the candidate’s skills in research,
presentation, analysis, and evaluation of qualitative and or quantitative data as appropriate to the
field of financial services. (See pages 2 and 3 for skills and abilities to be assessed)

Candidates must complete the School-Based Assessment for the first Unit for which they register.
Candidates may opt to carry forward their School-Based Assessment mark to the second Unit. Such
candidates are not required to complete the School-Based Assessment component for the second
Unit.

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