This competency standard covers the skills and knowledge required to evaluate financial market products for client recommendation.

This unit contains employability skills.

This unit requires the application of skills and knowledge required

to evaluate financial market products.

It requires the ability to accurately assess client's needs and recommend appropriate financial market products to meet the client's specific requirements and expectations.

The unit encompasses identifying clients' needs, conducting analysis of financial market products, providing advice and recommendations.

Financial Markets

1.1 The different financial market sectors that occur within the financial market are identified

A10s032t16l00: Markets And Securities Q1-15

A10s032t17l00: Buying And Selling Shares Q1-14

A20s010t04l01: Financial Institutions Q1-10

a20s010t04L02: Exchanges Q1-10

a20s010t04L03: Markets Q1-9

a20s010t04L04: Settlement And Clearing Houses Q1-11

a20s010t04L05: Electronic Systems Q1-na

a20s010t04L06: Market Makers Q1-na

A21s001t03l04: Clearing House And Open Interest Q1-10

A19s001t01l04: Options - The Players Q1-6

a00s101t40L02: FNSRISK501B Assignment 1Q 1

a00s101t40L03: FNSRISK501B Assignment 2Q 1

1.2 The relationship between financial market sectors, participants and the economy are identified

a20s010t04L07: Brokers And Intermediaries Q1-9

a20s010t04L08: Fund Managers Q1-10

A10s032t17l00: Buying And Selling Shares Q1-14

A19s001t01l04: Options - The Players Q1-6

A20s000t01l01 Economics Intro, Q1-14

A20s000t01l02 Domestic Economy, Q1-28

A20s000t01l03 The World Economy, Q1-12

A20s000t01l04 Economics At The Industry Level, Q -11

a00s101t40L02: FNSRISK501B Assignment 1Q 2

a00s101t40L03: FNSRISK501B Assignment 2Q 2

2.1 Aims and objectives of financial markets analysis are clearly established in accordance with client and organizational requirements

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, 6b

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 6b

a00s101t40L02: FNSRISK501B Assignment 1Q 3

a00s101t40L03: FNSRISK501B Assignment 2Q 3

2.2 Clear and quantifiable parameters are set for the identification and sourcing of information in accordance with legislative and organisational requirements

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, 5c

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 5c

a00s101t40L02: FNSRISK501B Assignment 1Q 4

a00s101t40L03: FNSRISK501B Assignment 2Q 4

2.3 Market information and data is accessed and evaluated in terms of validity, reliability and relevance in accordance with identified analysis requirement

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10 Q 5d

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 5d

a00s101t40L02: FNSRISK501B Assignment 1Q 5

a00s101t40L03: FNSRISK501B Assignment 2Q 5

2.4 Methods of analysis , testing, assessment and evaluation are appropriate to the information and the goals and objectives of the research

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, 5c

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 5c

A13s001t05l01: Rational For Portfolio Diversification Q1-10

A13s001t05l02: Capm Model Q1-10

A13s001t05l03: Active And Passive Portfolio Management Q1-10

A13s001t05l04: Portfolio Construction Q1-10

A13s001t05l06: Problems With Performance Measurement Q1-10

A13s001t05l07: Assessing The Contribution Of Management Q1-10

A25s001t05l04: Diversification And Portfolio Risk Q1-7

a25s001t05L05: Diversification, International, Investment Types, Sectors Q1-10

A25s001t05l07: Portfolio  Valuation Q1-12

A15s006t02l01: Range Of Securities/Futures Products Q1-10

A15s006t02l03: Portfolio Risk Q1-10

A15s006t02l04: Risk Tolerance And Asset Allocation Q1-10

A15s006t02l05: Diversification And Portfolio Risk Q1-10

A15s006t02l06: Optimally Risky Portfolios Q1-10

A11s002t01l00: Intro To Ratios Q1-na

A11s002t01l01: Risk Vs Return Q1-5

A11s002t01l02: Ratios Q1-10

A11s002t01l03: Ratio Groups And Rules Q1-9

A11s002t01l04: Understanding Ratio Tables Q1-10

A11s002t02l00: Ratio groups Q1-na

A11s002t02l01: Valuation Ratios Q1-10

A11s002t02l02: Profit Margins Ratios Q1-10

A11s002t02l03: Growth Rates Ratios Q1-10

A11s002t02l04: Financial Strength Ratios Q1-10

A11s002t02l05: Management Effectiveness Ratios Q1-10

a00s101t40L02: FNSRISK501B Assignment 1Q 6

a00s101t40L03: FNSRISK501B Assignment 2Q 6

3.1 Quantitative and/or qualitative analysis is undertaken of comparative market data using standard financial analysis techniques

A03s001t01l04: Market Risk Q1-10

A03s001t01l05: Market Timing Q1-10

A03s001t01l06: Lack Of Diversification Q1-10

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10 Q 6a

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 6a

a00s101t40L02: FNSRISK501B Assignment 1Q 7

a00s101t40L03: FNSRISK501B Assignment 2Q 7

3.2 Economic trends and market developments are identified and evaluated in terms of potential implications and impacts on business

A20s000t01l01 Economics Intro, Q1-14

A20s000t01l02 Domestic Economy, Q1-28

A20s000t01l03 The World Economy, Q1-12

A20s000t01l04 Economics At The Industry Level, Q -11

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10 Q 6a

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 6a

a00s101t40L02: FNSRISK501B Assignment 1Q 8

a00s101t40L03: FNSRISK501B Assignment 2Q 8

3.3 Risk contingencies are identified and quantified in accordance with industry standards, precedents and techniques

A13s001t05l05: Risk Adjusted Performance Measures Q1-10

A25s001t05l04: Diversification And Portfolio Risk Q1-7

A03s001t01l00: Types Of Risk

A03s001t01l01: Mismatch Risk Q1-11

A03s001t01l02: Inflation Q1-9

A03s001t01l03: Interest Rate: Reinvestment, Market Volatility Q1-14

A03s001t01l04: Market Risk Q1-10

A03s001t01l05: Market Timing Q1-10

A03s001t01l06: Lack Of Diversification Q1-10

A03s001t01l07: Currency Q1-10

A15s002t01l00: Securities Risk Q1-na

A15s002t01l01: Volatility Q1-10

a15s002t01L02: Liquidity Q1-na

A15s002t01l03: Short Selling Q1-10

A15s002t01l04: Economic Environment Q1-10

A15s002t01l05: Equities And Industry Sectors Risk Q1-11

A15s002t01l06: Options Q1-10

A15s002t01l07: Futures Risk Q1-10

A15s002t01l08: Margin Loans Q1-10

a15s002t01L09: Hedging Q1-na

A15s002t01l10: Diversification Q1-6

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10 Q 7c

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 7c

a00s101t40L02: FNSRISK501B Assignment 1Q 9

a00s101t40L03: FNSRISK501B Assignment 2Q 9

3.4 Sound inductive reasoning is applied to ensure consistency of interpretations based on available information

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10 Q 5d

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 5d

a00s101t40L02: FNSRISK501B Assignment 1Q 10

a00s101t40L03: FNSRISK501B Assignment 2Q 10

4.1 Market performance, trends and risk analyses are prioritised and prepared for presentation in the required format, style and structure

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10 Q 8b

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 8b

a00s101t40L02: FNSRISK501B Assignment 1Q 11

a00s101t40L03: FNSRISK501B Assignment 2Q 11

4.2 Conclusions are verified, current and sufficiently detailed to meet identified analysis requirements

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10 Q 8a

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 8a

a00s101t40L02: FNSRISK501B Assignment 1Q 12

a00s101t40L03: FNSRISK501B Assignment 2Q 12

4.3 Report is prepared and distributed to relevant persons within agreed timeframes in accordance with organisational requirements

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10 Q 8c

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 8c

a00s101t40L02: FNSRISK501B Assignment 1Q 13

a00s101t40L03: FNSRISK501B Assignment 2Q 13

4.4 The use of market information and data is in accordance with the relevant legal and ethical constraints and organisational requirements

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10 Q 13

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 13

a00s101t40L02: FNSRISK501B Assignment 1Q 14

a00s101t40L03: FNSRISK501B Assignment 2Q 14

identify reliant sources of information

write reports and to record internal and external information

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 8b

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 8b

OR All 10 assignments: a00s102t09L01 - 10 Managed Investment : Clients 1-10, Q 8b

OR All 10 assignments: a00s102t10L01 - 10 Superannuation : Clients 1-10, Q 8b

conduct research

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 5a-d

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 5a-d

OR All 10 assignments: a00s102t09L01 - 10 Managed Investment : Clients 1-10, Q 5a-d

OR All 10 assignments: a00s102t10L01 - 10 Superannuation : Clients 1-10, Q 5a-d

analyse and interpret information

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 6a-d

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 6a-d

OR All 10 assignments: a00s102t09L01 - 10 Managed Investment : Clients 1-10, ,6a-d

OR All 10 assignments: a00s102t10L01 - 10 Superannuation : Clients 1-10, 6a-d

efficiently use spreadsheet and database software

use a computer to access market information

apply statistical techniques and elementary probability

A15s002t01l10: Diversification Q1-6

A03s001t01l06: Lack Of Diversification Q1-10

A03s001t01l03: Interest Rate: Reinvestment, Market Volatility Q1-14

A15s002t01l01: Volatility Q1-10

A19s001t01l06: Options Risks: Consequences Q1-10

A19s001t01l07: Payoff Diagrams Q1-9

A19s001t01l08: Option Risks - Volatility Q1-6

A19s001t01l09: Option Risks - Odds Q1-10

comply with ethical, legal and procedural requirements

a40s104t01L00: Compliance

a40s104t01L01: An Introduction to Compliance Q1-15

a40s104t01L02: Legislation Overview - Financial Services Reform Act 2001 Q1-20

a40s104t01L03: Legislation Overview - The Corporate Law Q1-20

a40s104t01L04: Economic Reform Program Q1-20

a40s104t01L05: The Australian Stock Exchange (ASX) Q1-20

a40s104t01L06: Regulators - ASIC Q1-20

a40s104t01L07: Regulators - APRA Q1-20

a40s104t01L08: Implementing Compliance Programs AS3806 Q1-20

a40s104t01L09: Industry Codes of Practice Q1-20

a40s104t01L10: Competency Compliance: ASICs PS146 Q1-15

a40s104t01L11: AFS Licensing Q1-20

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Manging Conflicts of Interest Q1-20

a40s104t01L16: Financial Requirements Q1-19

a40s104t01L17: Authorised Representatives Q1-19

a40s104t01L18: Responsible officers Q1-19

a40s104t01L19: Breach Reporting Q1-20

a40S105t01L01: What is money laundering Q1-10

a40S105t01L02: Existing Laws and the need for change Q1-10

a40S105t01L03: Introduction to the new laws Q1-10

a40S105t01L04: The effect of the new laws Q1-20

a40S105t01L05: Antimoney laundering and counter terrorism financing programs Q1-20

a40S105t01L06: Application of the new laws Q1-20

a40S105t01L07: Verification of the identity of an existing customer Q1-15

a40S105t01L08: Reporting obligations Q1-20

a40S105t01L09: Reporting obligations 2 - transactions and funds transfers Q1-20

a40S105t01L10: Reporting obligations 3 - Compliance reports Q1-15

a40S105t01L11: Electronic Funds Transfer Instructions 1 - Key Concepts Q1-30

a40S105t01L12: Electronic Funds Transfer Instructions 2 - Obligations And Exceptions Q1-30

A07s002t01l01: Market Rules 7.1 - Disclosure Q1-16

A07s002t01l02: Market Rules 7.3 Trading as Principal Q1-11

A07s002t01l03: Verification of client details Q1-13

A07s002t01l04: Client Instructions and Order Priority Q1-11

a09s030t01L01: Market Manipulation Legislation Q1-10

A09s030t01l02: Fraudulent Manipulation Q1-10

a09s030t01L03: Law regarding market manipulation Q1-10

a09s030t01L04: Short Selling Q1-10

form recommendations in complex situations

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 8a-c

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 8a-c

OR All 10 assignments: a00s102t09L01 - 10 Managed Investment : Clients 1-10, Q 8a-c

OR All 10 assignments: a00s102t10L01 - 10 Superannuation : Clients 1-10, Q 8a-c

disseminate market information

All 10 assignments: a00s102t11L01-10 Derivatives : Clients 1-10, Q 8a

OR All 10 assignments: a00s102t12L01 - 10 Securities : Clients 1-10, Q 8a

OR All 10 assignments: a00s102t09L01 - 10 Managed Investment : Clients 1-10, Q 8a

OR All 10 assignments: a00s102t10L01 - 10 Superannuation : Clients 1-10, Q 8a

work effectively in a constantly changing environment

identify economic environmental factors which effect financial services and markets

A20s000t01l01 Economics Intro, Q1-14

A20s000t01l02 Domestic Economy, Q1-28

A20s000t01l03 The World Economy, Q1-12

A20s000t01l04 Economics At The Industry Level, Q -11

A03s001t01l00: Types Of Risk

A03s001t01l01: Mismatch Risk Q1-11

A03s001t01l02: Inflation Q1-9

A03s001t01l03: Interest Rate: Reinvestment, Market Volatility Q1-14

A03s001t01l04: Market Risk Q1-10

A03s001t01l05: Market Timing Q1-10

A03s001t01l06: Lack Of Diversification Q1-10

A03s001t01l07: Currency Q1-10

A15s002t01l07: Futures Risk Q1-10

A15s002t01l08: Margin Loans Q1-10

A18s001t01l04: Risks Common To Warrants Q1-9

A19s001t01l06: Options Risks: Consequences Q1-10

A19s001t01l08: Option Risks - Volatility Q1-6

A19s001t01l09: Option Risks - Odds Q1-10

roles played by intermediaries and issuers:

                     banks

                     brokers

                     investment banks

                     building societies

                     money brokers

                     financial companies

                     stock brokers

                     future broker

                     friendly societies

a20s010t04L07: Brokers And Intermediaries Q1-9

a20s010t04L08: Fund Managers Q1-10

A10s032t17l00: Buying And Selling Shares Q1-14

A19s001t01l04: Options - The Players Q1-6

financial service providers

the economic environment, including:

                     characteristics and impacts of economic and business cycles

                     government monetary and fiscal policies

                     interest rates, exchange rates, inflation

A20s000t01l01 Economics Intro, Q1-14

A20s000t01l02 Domestic Economy, Q1-28

A20s000t01l03 The World Economy, Q1-12

A20s000t01l04 Economics At The Industry Level, Q -11

inter-relationships between industry sectors and participants

structure and inter-relationships within the financial markets

A10s032t16l00 Markets And Securities Q1-15

a15s005t01L00 Securities, Derivatives And Futures Markets

A03s001t01l06 Lack Of Diversification Q1-10

sources of market and comparative data

statistical reporting formats

A10s030t01l00: Basic ChartingQ1 -na

a10s030t01L01: What is a chartQ1 -7

A10s030t01l02: Charting Paper ? How Do I Draw A Chart?Q1 -10

A10s030t01l03: Line ChartsQ1 -11

A10s030t01l04: H.L.C ChartsQ1 -10

A10s030t01l05: O.H.L.C ChartsQ1 -10

A10s030t01l06: Candlestick ChartsQ1 -11

A10s030t01l07: Point & Figure ChartsQ1 -9

methods of analysis

A13s001t05l02: Capm Model Q1-10

A13s001t05l06: Problems With Performance Measurement Q1-10

A13s001t05l07: Assessing The Contribution Of Management Q1-10

A25s001t05l07: Portfolio  Valuation Q1-12

A15s006t02l03: Portfolio Risk Q1-10

A15s006t02l04: Risk Tolerance And Asset Allocation Q1-10

A15s006t02l05: Diversification And Portfolio Risk Q1-10

A15s006t02l06: Optimally Risky Portfolios Q1-10

A19s001t01l07: Payoff Diagrams Q1-9

A13s001t05l05: Risk Adjusted Performance Measures Q1-10

A03s001t01l04: Market Risk Q1-10

A03s001t01l01: Mismatch Risk Q1-11

A03s001t01l02: Inflation Q1-9

A03s001t01l03: Interest Rate: Reinvestment, Market Volatility Q1-14

A03s001t01l04: Market Risk Q1-10

A03s001t01l05: Market Timing Q1-10

A03s001t01l06: Lack Of Diversification Q1-10

A03s001t01l07: Currency Q1-10

A15s002t01l00: Securities Risk Q1-na

A15s002t01l01: Volatility Q1-10

a15s002t01L02: Liquidity Q1-na

A15s002t01l03: Short Selling Q1-10

A15s002t01l04: Economic Environment Q1-10

A15s002t01l05: Equities And Industry Sectors Risk Q1-11

A15s002t01l06: Options Q1-10

A15s002t01l07: Futures Risk Q1-10

A15s002t01l08: Margin Loans Q1-10

a15s002t01L09: Hedging Q1-na

A15s002t01l10: Diversification Q1-6

A11s002t01l00: Intro To Ratios Q1-na

A11s002t01l01: Risk Vs Return Q1-5

A11s002t01l02: Ratios Q1-10

A11s002t01l03: Ratio Groups And Rules Q1-9

A11s002t01l04: Understanding Ratio Tables Q1-10

A11s002t02l00: Ratio groups Q1-na

A11s002t02l01: Valuation Ratios Q1-10

A11s002t02l02: Profit Margins Ratios Q1-10

A11s002t02l03: Growth Rates Ratios Q1-10

A11s002t02l04: Financial Strength Ratios Q1-10

A11s002t02l05: Management Effectiveness Ratios Q1-10

A10s031t04l00: Trend following indicatorsQ1 -na

A10s031t04l02: Simple Moving AverageQ1 -12

A10s031t04l03: Exponential Moving AverageQ1 -12

A10s031t04l04: Weighted Moving AverageQ1 -12

A10s031t04l05: Moving Average CrossoverQ1 -14

A10s031t04l06: MacdQ1 -12

A10s031t04l10: Macd HistogramQ1 -15

A10s031t05l01: Relative Strength Index (RSI)Q1 -12

A10s031t05l02: Williams Percent RQ1 -12

A10s031t05l03: MomentumQ1 -12

A10s031t05l04: StochasticQ1 -6

A10s031t05l05: RocQ1 -12

A10s031t06l00: Price -Volume IndicatorsQ1 -na

A10s031t06l01: VolumeQ1 -9

A10s031t16l02: Commodity Channel IndexQ1 -14

a10s031t16L03: Mass IndexQ1 -14

A10s031t16l04: Parabolic SystemQ1 -14

A10s031t17l01: AdxrQ1 -13

economic concepts

A20s000t01l01 Economics Intro, Q1-14

A20s000t01l02 Domestic Economy, Q1-28

A20s000t01l03 The World Economy, Q1-12

A20s000t01l04 Economics At The Industry Level, Q -11

relevant legislation including privacy and freedom of information legislation

A05s031t01l00: Contracts

A05s031t01l01: Contracts Q1-10

A05s031t01l02: Types Of Contracts Q1-11

A05s031t01l03: Terms Of Contracts Q1-10

A05s031t01l04: False And Misleading Information Q1-5

A05s031t01l05: Unfair Contracts Q1-8

A05s031t01l06: Broken Contracts Q1-7

A05s033t01l00: Agency

A05s033t01l01: Principal Q1-12

A05s033t01l02: Agent Q1-9

A05s033t01l03: Creating An Agency Q1-7

A05s033t01l05: Duties Of An Agent Q1-7

A05s033t01l06: Liability Of An Agent Q1-7

A05s033t01l07: Ending An Agency Q1-8

a40s104t01L00: Compliance

a40s104t01L01: An Introduction to Compliance Q1-15

a40s104t01L02: Legislation Overview - Financial Services Reform Act 2001 Q1-20

a40s104t01L03: Legislation Overview - The Corporate Law Q1-20

a40s104t01L04: Economic Reform Program Q1-20

a40s104t01L05: The Australian Stock Exchange (ASX) Q1-20

a40s104t01L06: Regulators - ASIC Q1-20

a40s104t01L07: Regulators - APRA Q1-20

a40s104t01L08: Implementing Compliance Programs AS3806 Q1-20

a40s104t01L09: Industry Codes of Practice Q1-20

a40s104t01L10: Competency Compliance: ASICs PS146 Q1-15

a40s104t01L11: AFS Licensing Q1-20

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Managing Conflicts of Interest Q1-20

a40s104t01L16: Financial Requirements Q1-19

a40s104t01L17: Authorised Representatives Q1-19

a40s104t01L18: Responsible officers Q1-19

a40s104t01L19: Breach Reporting Q1-20

a40S105t01L01: What is money laundering Q1-10

a40S105t01L02: Existing Laws and the need for change Q1-10

a40S105t01L03: Introduction to the new laws Q1-10

a40S105t01L04: The effect of the new laws Q1-20

a40S105t01L05: Antimoney laundering and counter terrorism financing programs Q1-20

a40S105t01L06: Application of the new laws Q1-20

a40S105t01L07: Verification of the identity of an existing customer Q1-15

a40S105t01L08: Reporting obligations Q1-20

a40S105t01L09: Reporting obligations 2 - transactions and funds transfers Q1-20

a40S105t01L10: Reporting obligations 3 - Compliance reports Q1-15

a40S105t01L11: Electronic Funds Transfer Instructions 1 - Key Concepts Q1-30

a40S105t01L12: Electronic Funds Transfer Instructions 2 - Obligations And Exceptions Q1-30

a40S105t01L13: Record-keeping Requirements Q1-30

data collection and management systems

organisational guidelines, goals and objectives

a40s104t01L12: Disclosure Q1-20

a40s104t01L13: Conduct Q1-20

a40s104t01L14: Dispute resolution Q1-20

a40s104t01L15: Manging Conflicts of Interest Q1-20

theories of investment, portfolio management and management of investment risk

A13s001t05l01: Rational For Portfolio Diversification Q1-10

A13s001t05l02: Capm Model Q1-10

A13s001t05l03: Active And Passive Portfolio Management Q1-10

A13s001t05l04: Portfolio Construction Q1-10

A13s001t05l06: Problems With Performance Measurement Q1-10

A13s001t05l07: Assessing The Contribution Of Management Q1-10

A25s001t05l04: Diversification And Portfolio Risk Q1-7

a25s001t05L05: Diversification, International, Investment Types, Sectors Q1-10

A25s001t05l07: Portfolio  Valuation Q1-12

A15s006t02l01: Range Of Securities/Futures Products Q1-10

A15s006t02l03: Portfolio Risk Q1-10

A15s006t02l04: Risk Tolerance And Asset Allocation Q1-10

A15s006t02l05: Diversification And Portfolio Risk Q1-10

A15s006t02l06: Optimally Risky Portfolios Q1-10

A25s001t05l10: Hedging Q1-12

A25s001t05l11: Dollar Cost Averaging Q1-11

A25s001t05l04: Diversification And Portfolio Risk Q1-7

A13s001t05l03: Active And Passive Portfolio Management Q1-10

A15s006t02l07: Hedging With Options Q1-10

A15s006t02l08: Hedging With Futures Q1-10

A15s006t02l09: Passive Portfolio Management Q1-10

A15s006t02l10: Active Portfolio Management Q1-10

A13s001t05l05: Risk Adjusted Performance Measures Q1-10

A25s001t05l04: Diversification And Portfolio Risk Q1-7

A03s001t01l00: Types Of Risk

A03s001t01l01: Mismatch Risk Q1-11

A03s001t01l02: Inflation Q1-9

A03s001t01l03: Interest Rate: Reinvestment, Market Volatility Q1-14

A03s001t01l04: Market Risk Q1-10

A03s001t01l05: Market Timing Q1-10

A03s001t01l06: Lack Of Diversification Q1-10

A03s001t01l07: Currency Q1-10

A15s002t01l00: Securities Risk Q1-na

A15s002t01l01: Volatility Q1-10

a15s002t01L02: Liquidity Q1-na

A15s002t01l03: Short Selling Q1-10

A15s002t01l04: Economic Environment Q1-10

A15s002t01l05: Equities And Industry Sectors Risk Q1-11

A15s002t01l06: Options Q1-10

A15s002t01l07: Futures Risk Q1-10

A15s002t01l08: Margin Loans Q1-10

a15s002t01L09: Hedging Q1-na

A15s002t01l10: Diversification Q1-6

A15s006t02l07: Hedging With Options Q1-10

A15s006t02l08: Hedging With Futures Q1-10

Financial markets may include:

                     Australian Stock Exchange (ASX )

                     Sydney Futures Exchange (SFE)

                     OTC

                     any other exchange traded markets

Economic concepts

                     monetary policy

                     fiscal policy

                     primary markets

                     secondary markets

                     wholesale markets versus retail markets

Participants

                     ASX

                     SFE

                     retail clients

                     wholesale clients

                     banks

                     brokers

                     futures brokers

Analysis:

                     quantitative and/or qualitative

                     explorative, descriptive, causative or predictive

                     and may include:

                     basic statistical analysis

                     mathematical calculations

                     critical analysis

                     problem solving

Organisational requirements may be outlined and reflected in

                     quality assurance and/or procedures manuals

                     goals, objectives, plans, systems and processes

                     business and performance plans

                     mission statements, strategic plans

                     policies and procedures in relation to client service

                     legal and organisational policy/guidelines

                     ethical standards, codes of practice

                     product or service development

                     complaints and dispute resolution procedures

                     occupational health and safety (OH&S) policies, procedure and programs

                     quality and continuous improvement processes and standards

Information may be evaluated for:

                     relevance

                     currency

                     authenticity

                     quality

                     accuracy

                     reliability

                     validity

                     reputability of source

Relevant legislation

                     Corporations Act 2001

                     Privacy Act Amendment (Private Sector) 2000

                     Trade Practices Act 1974

                     Reserve Bank Act 1959

                     Financial Corporations Act 1974

                     Financial Transaction Reports Act 1992

                     Taxation Act

                     Banking Act

                     Commonwealth Criminal Code

                     Financial Services Reform Act 2001/2

Methods of analysis

                     hypothesis

                     link analysis

                     comparative analysis

                     demographics or geographic analysis

                     historical analysis

Comparative market data

                     best practice information

                     international benchmarking

                     inter-organisation comparison data

Economic trends and market development

                     economic trends (local, regional, national and

                     international)

                     ecological/environmental trends

                     government activities (eg interest rates, deregulation)

                     social and cultural factors

                     demographic trends

                     changes in technology

                     industrial trends

Relevant persons

                     client

                     managers, supervisors

                     colleagues

                     peers

Legal and ethical constraints

                     relevant legislation and regulations

                     codes of practice

                     ethical principles

                     organisational policies and guidelines

                     social and cultural expectations and influences

Area

Training Package Specification

Gryphon Learning Implementation

                     knowledge of economic concepts

                     knowledge of market participants

                     knowledge of organisational requirements

                     ability to identify economic trends and market development

                     knowledge of legal and ethical constraints

                     ability to determine the operations within financial markets

                     ability to access market information

                     ability to report of market data

                     source, collect and assess a wide range of information using relevant data analysis methods and techniques

                     formulate and draw effective conclusions from the correct interpretation of data analysis

                     organise the timely completion and preparation of reports

                     monitor and evaluate changes in the market conditions using a range of data sources

As students use Gryphon Learning's courseware to study, they are presented with approximately 1,600 interactive questions allowing them to self-assess their knowledge and skills in this area. The results of these assessments are stored in Gryphon Learning's database, providing evidence of towards the required competencies and knowledge.

To validate this evidence, students are required to sit a supervised assessment involving assessment items drawn from those listed above. Students who have "cheated" by allowing others to study using their login would be most unlikely to satisfactorily complete the supervised tests.

Competence in this unit must be assessed over a period of time in order to ensure consistency of performance over the Range Statement and contexts applicable to the work environment.

The formative assessment is undertaken over a period of up to 160 hours.

This unit will usually be undertaken by students who have already demonstrated competency in one or more of the ASIC units

         FNSASIC503WB Provide advice in securities, or

         FNSASIC503VB Provide advice in derivatives

Because of the nature of Gryphon Learning's assessment of these ASIC units, students who have undergone Gryphon's assessment will already have gained much of the skills and knowledge and satisfied many of the performance criteria for this unit of competency over a period of up to 240 hours..

This unit may be assessed on its own or it may be assessed with other units that cover related skills and knowledge.

This unit will usually be undertaken by students who have already demonstrated competency in one or more of the ASIC units

         FNSASIC503WB Provide advice in securities, or

         FNSASIC503VB Provide advice in derivatives

Because of the nature of Gryphon Learning's assessment of these ASIC units, students who have undergone Gryphon's assessment will already have gained much of the skills and knowledge and satisfied many of the performance criteria for this unit of competency.

Evidence is most relevant when provided through an integrated activity, which combines the elements of competency for the unit, or a cluster of units of competency. For valid and reliable assessment of this unit, evidence should be gathered through a range of methods to indicate consistent performance.

Assessment of this unit of competence will usually include observation of processes and procedures, oral and/or written questioning on underpinning knowledge and skills and other methods as required.

Assessment involves a range of interactive assessment items comprising both formative and summative assessment. Some of these summative assessments are supervised.

As part of the assessment, information is provided using Audio, Video, text and graphics. Student responses can involve

         Completion of simulated workplace documentation

         Completion of simulated processes

         Responses to multiple choice questions (e.g. clicking on documents to be given to clients)

         Manipulating and organising items on screen

         Responses to True/False questions

         Pointing to significant areas on charts or graphs

Assessment of performance requirements in this unit should be undertaken within the financial services industry context and should cover aspects of personal/financial responsibility and accountability.

Aspects of competency, including skills, may be assessed in a relevant workplace, a closely simulated work environment, or other appropriate means that clearly meet industry competency requirements.

See assessment items and courseware listed above.

This unit will usually be undertaken by students who have already demonstrated competency in one or more of the ASIC units

         FNSASIC503WB Provide advice in securities, or

         FNSASIC503VB Provide advice in derivatives

Because of the nature of Gryphon Learning's assessment of these ASIC units, students who have undergone Gryphon's assessment will already have gained much of the skills and knowledge and satisfied many of the performance criteria for this unit of competency.

The context of much of the learning and assessment involves the analysis of information used in the preparation of advice in derivatives or securities.

Unless otherwise specified, there are no significant resource implications for assessment of this unit, apart from access to a relevant workplace or closely simulated office environment and the use of a range of office equipment, technology and consumables. These may include standard commercial computer hardware,

software, telephones, facsimiles, and other relevant office equipment.

To complete this unit, students need a computer with adequate internet access. For minimum specifications see the Gryphon Learning Training Strategies Manual.

Most students are currently working in the finance industry (including those employed by Gryphon Learning), and therefore have access to a range of relevant resources (including product documentation.)

Others have accessed such resources from a range of sources, including their financial advisors, by subscription, using the internet and, (under some circumstances, from Gryphon Learning.)