Page 1529 - SUBSEC October 2017_Neat

of the candidates achieved Grade I which is slightly below that of 2016 (33 per cent) and an
improvement compared with 2015 (25 per cent).

174. The projects reflected an improvement in the variety of goods and services that can
be used for entrepreneurial purposes. It was notable that many students were innovative
and used brainstorming and other project management techniques to carefully select the
project to execute for their School-Based Assessment.

FAC 2017 (40) - ENTREPRENEURSHIP

175. 2017 was the third year of the examination for the Entrepreneurship syllabus.

176. In Unit 1 there was consistency in performance as 97 per cent of the candidates
achieved acceptable grades, Grades, I-V, in both 2016 and 2017. Performance improved on
Module 3, Creativity and Innovation, while remaining consistent for Module 1, the
Entrepreneurial Mindset, and Module 2, the Entrepreneurial Process.

177. In Unit 2, 98 per cent of the candidates achieved acceptable grades, Grades I–V, in
2017 compared with almost 100 per cent in 2016. There was also an overall decline in
performance on all three Modules in 2017 in comparison with 2016: Module 1, Essentials of
Business Ownership; Module 2, New Venture Planning and Creation and Module 3, Managing
and Growing the Venture.

FAC 2017 (41) - ENVIRONMENTAL SCIENCE

178. In Unit 1, 95 per cent of candidates achieved acceptable grades, Grades I–V, in 2017
compared with 98 per cent in 2016 and 89 per cent in 2015. Candidates performed better on
Module 2, Human Population and the Environment, and Module 3, Sustainable Use of Natural
Resources, than on Module 1, Fundamental Ecological Principles.

179. In Unit 2, 97 per cent of the candidates achieved acceptable grades, Grades I–V,
compared with 98 per cent in 2016 and 94 per cent in 2015. Candidates performed best on
Module 1, Agriculture and the Environment, followed by Module 2, Energy and the
Environment and Module 3, Pollution and the Environment

180. The overall quality of the School-Based Assessment continues to show improvement.

FAC 2017 (42) - FINANCIAL SERVICES STUDIES

181. In Unit 1, 72 candidates wrote the first examination of the CAPE Financial Services. Of
these, 71 per cent achieved Grades I–V although no candidate achieved Grade I. Candidates
performed best on Paper 031, the School-Based Assessment, followed by Paper 01, the
Multiple Choice, then Paper 02, the Essay. With respect to module performance, the best
performance was recorded on Module 2, Portfolio Management and Investment, followed by
Module 3, Governance, Regulations and Ethics, then Module 1, Introduction to Financial
Products and Services.

40