SayPro Online Course SAQA 11516624314

Description

Assessors should use assessment tools to conduct assessments against the unit standards specified in the qualification.

The assessor should check that the learner demonstrates the critical cross-field outcomes included in the qualification:
Identifying and solving problems in which responses display that responsible discussions using critical and creative thinking have been made.
Organising and managing oneself and one`s activities responsibility and effectively.
Collecting, analysing, organising and critically evaluating information.
Communicating effectively using visual, mathematical and/or language skills in the modes of oral and/or written persuasion.
Demonstrating an understanding of the world as a set of elated systems by recognising that problem-solving contexts do not exist in isolation.
Reflecting on and exploring a variety of strategies to learn more effectively.
Exploring education and career opportunities.
Developing entrepreneurial opportunities.
Understanding and analysing the risks inherent to decision making in a world of uncertain outcomes.
Interpreting information received via the media.
Working effectively as part of the team or a group.
Stimulating and developing thinking patterns involving creativity.
Remaining receptive and responsive to current trends and developments.
Using technology effectively and responsibly.

INTEGRATED ASSESSMENT

The learner who acquired the qualification will be able to identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made, work effectively with others as a member of a team, organize and manage him/herself and his/her activities responsibly and effectively, collect, analyze, organize and critically evaluate performance, communicate effectively using mathematical and language skills, demonstrate an understanding of the world and as a set of operated systems by recognizing that problem-solving contexts do not exist in isolation, and benefit by full personal development, thus contributing to the social and economic development of South African society at large.
In the assessment strategy as a whole, evidence must be demonstrated through a variety of options:
Case studies
Problem-solving assignments,
Simulated trading environment
Portfolio management contributing to strategic planning
Media interpretation relating to qualification outcomes
Written and oral testing

Assessment tools used include:
Written (e.g. tests/case studies/projects)
Simulations
Role-play / structured classroom discussions
Portfolio of evidence
Technology based testing

The assessment must integrate a number of different methods (no less than three) in order to give the assessor reliable and valid proof of competence and evidence of required attitudes.

Throughout the qualification use is made of both formative and summative assessment methods, to ensure integrated assessment results.

The final integrated assessment needs to have the following characteristics:
Research is being done on an ongoing basis to keep up to date with changes in the financial markets and to keep in touch with the needs of individuals and the industry at large.
A portfolio of all the training material used is kept and reviewed on a six monthly basis.
The learners will be accountable for self-evaluation exercises at the end of each module of the duration of the learning programme.
The assessor should use a continuous assessment method. This mechanism ensures that learning did take place and knowledge was imparted in the previous module. Evaluation is done through short tests, activities and assignments.
After the completion of the training programme, the learners have to participate in a final examination before being awarded the qualification.
It should measure applied competence. It should thus assess whether learners are able to integrate the ability to perform important financial actions (as set out under the exit level outcomes) competently (a practical competence), understand the theoretical basis for these actions (foundational competence), and reflect on and make changes to financial and investment practices (reflexive competence).