Hello, dear friend, you can consult us at any time if you have any questions, add WeChat: THEend8_
Assessment Information Coursework 2020-21
Module name: MSIN0107
Module code: Advanced Quantitative Finance
A Core information
B Coursework Brief and Requirements
C Module learning outcomes covered in this
assessment
D Assessment criteria
E Groupwork instructions (if applicable)
F Additional information from module leader (if
applicable)
Page 2 of 9
Section A: Core information
This assessment is
marked out of:
100
% weighting of this
assessment within total
module mark
10%
Word count/number of
pages - maximum
1,000 words
There is no penalty for using fewer words pages.
Determining word count
impacted by Turnitin
• After submission to Turnitin, the Turnitin recorded word
count is usually higher than the word count in a Word
document.
• Where the assessment brief specifies a maximum word
count, on the front cover of your submission record the
number of words as recorded in your Word document.
• It is the Word document word count which will be taken
account of in marking, NOT the Turnitin word count.
Footnotes, appendices,
tables, figures, diagrams,
charts included
in/excluded from word
count/page length?
Any footnotes, appendices are not included in page limit.
Bibliographies, reference
lists included
in/excluded from word
count?
Title page, table of contents, any bibliography are excluded from the
page limit.
Penalty for exceeding
specified word
count/page length?
• Where there is a specified word count/page length and this is
exceeded, yes there is a penalty: 10 percentage points
deduction, capped at 40% for Levels 4,5, 6, and 50% for Level
7. Refer to Academic Manual Section 3: Module Assessment -
3.13 Word Counts.
• Where there is no specified word count/page length no
penalty applies.
Requirements for/use of
references
• Where you draw upon sources you must cite them
appropriately.
• As appropriate, you may draw upon a range of sources
including, illustratively, journal articles, other textbooks,
industry reports.
• As appropriate, you may draw upon course materials –
lecture slides, notes, handouts, readings, textbook(s) - you
engaged with in your studying of this module.
• Unless citing content specifically (e.g. a quote from a book)
you should not be copying word for word from lecture slides,
notes, handouts, readings, textbook(s).
• You should capture, articulate and communicate your views,
thoughts and learning in your own words.
• If you do provide quotes from any lecture slides, notes,
handouts, readings, textbook(s) you should cite them and
provide references in the usual way.
Page 3 of 9
• Be aware that a number of academic misconduct checks,
including the use of Turnitin, are available to your module
leader.
• If required/where appropriate UCL Academic Misconduct
penalties may be applied (see immediately below).
Academic misconduct
(including plagiarism)
• Academic integrity is paramount.
• It is expected that your submission and content will be your
own work with no academic misconduct.
• Academic Misconduct is defined as any action or attempted
action, including collusion with other students, that may
result in a student obtaining an unfair academic
advantage. There are severe penalties for Academic
Misconduct, including, where appropriate and required,
exclusion from UCL.
• Refer to Academic Manual Section 9: Student Academic
Misconduct Procedure - 9.2 Definitions.
Submission date 4th March 2021
assignment
The assignment MUST be submitted to the module submission link
located within this module’s Moodle ‘Submissions’ tab by the
specified deadline.
Anonymity of identity.
Normally, all submissions
are anonymous unless
the nature of the
submission is such that
anonymity is not
appropriate, illustratively
as in presentations or
where minutes of group
meetings are required as
part of a group work
submission
Anonymity is required.
Your name should NOT appear anywhere on your submission.
Return and status of
marked assignments
• At the latest this will be within 4 weeks from the date
of submission as per UCL guidelines, but we will
endeavour to return it earlier than this.
• Assessments are subject to appropriate double
marking/scrutiny, and internal quality inspection by
a nominated School of Management internal
assessor. All results when first published are
provisional until confirmed by the relevant External
Examiner and the Examination Board.
Page 4 of 9
Uploading your submission
• Unless specifically instructed otherwise in the assessment document, please upload your work as a
single file via the submission link on Moodle.
o Wherever possible you should type/use Excel (as appropriate) for your answers and follow
instructions later in this assessment document.
o If you do have to include any elements that are not typed/computer generated (e.g. figures,
diagrams, equations etc.) as instructed by your module leader, please follow the advice for
submitting handwritten answers for any submission that requires scanning documents. (The
webpage refers to 24-hour timed exams but is applicable to this assessment).
o If you are unable to type your answers for medical reasons, please contact Student Support
and Wellbeing to arrange a SORA and notify your programme administrator.
o If for any reason you are not able to use the app recommended by ISD at the link above, you
can consult the following resources for advice about preparing your submission:
Submitting handwritten assignments to Moodle using mobile or tablet Devices -
Device Camera
Submitting handwritten assignments to Moodle using mobile or tablet devices - MS
One Drive App
• Please DOUBLE CHECK that the file you are uploading is the correct one and is complete (with all
pages visible). You should only submit your final version of the work to the submission box. Once the
original deadline has passed, any submission made to the official submission box will be taken as
the final submission. Work submitted after the original submission deadline will NOT be removed
and a new version cannot be submitted. If you wish to check your work before submitting your final
version, you can use the Turnitin Drafts Checker rather than your official submission inbox. Please be
sure that the version of the assignment you submit is the version you intend to be marked for that
module. If you are granted ECs in relation to a piece of work already submitted, the mitigation
applied will be a deferral and not an extension. If you are unable to submit on time, you may submit
an EC form to request an extension if you have legitimate mitigating circumstances.
Page 5 of 9
Technical Problems
If you encounter difficulties submitting your assessment via Moodle, then please immediately notify (by
email) your department (Programme Administrators ONLY), explaining the problem and including a copy of
the work you are trying to submit. ONLY use this approach if you can show that you have tried to download
from/upload to Moodle and encountered technical difficulties.
Advice and other support
• Student Support and Wellbeing
Page 6 of 9
Section B: Coursework Brief and Requirements
See document at the end of the brief.
Page 7 of 9
Section C: Module Learning Outcomes covered in this
Assessment
This assignment contributes towards the achievement of the module Learning
Outcomes as specified in the module description.
Page 8 of 9
Section D: Assessment criteria
Within each section of this coursework you may be assessed on the following aspects, as
applicable and appropriate to this particular assessment, and should thus consider these aspects
when fulfilling the requirements of each section:
• The accuracy of any calculations;
• The strengths and quality of your overall analysis and evaluation;
• Appropriate use of relevant theoretical models, concepts and frameworks;
• The rationale and evidence that you provide in support of your arguments;
• The credibility and viability of the evidenced conclusions/recommendations/plans of
action you put forward;
• Structure and coherence of your considerations and reports;
• As and where required, relevant and appropriate, any references should use either
the Harvard OR Vancouver referencing system (see References, Citations and
Avoiding Plagiarism)
• Academic judgement regarding the blend of scope, thrust and communication of
ideas, contentions, evidence, knowledge, arguments, conclusions.
• Each part has requirements with allocated marks, maximum word count limits/page
limits and where applicable, templates that are required to be used.
You are advised to refer to the UCL Assessment Criteria Guidelines, located at
https://www.ucl.ac.uk/teaching-learning/sites/teaching-learning/files/migrated-
files/UCL_Assessment_Criteria_Guide.pdf
Page 9 of 9
Section E: Groupwork Instructions
This is a team assignment. Each team should submit a pdf version report in Moodle. The
report should contain your answers/arguments and will be graded. Please also prepare
Powerpoint slides that summarize your findings. You don't have to submit the Powerpoint
slides in Moodle. In class, I may randomly select one or two teams to present their
Powerpoint slides.
This assignment is due at 10am on 4th March, 2021. See the assignment instructions here
and data here.
You'll need to use the Black-Scholes formula to calculate option prices and implied volatility.
To make your life easy, here I provide two useful Excel add-ins: optall3.xla and
optbasic3.xla. Please put the add-ins to "C:\Program Files\Microsoft Office\Office16\Library"
and then install the two add-ins. To install the add-ins, open any Excel spreadsheet --> file -
-> options --> add-ins --> choose "Excel add-ins" in the bottom box and click "go" -->
browse and choose the two add-ins at the path where you put them --> click "ok".
These add-ins are provided in a CD published with the "McDonald" textbook (Derivatives
Markets, Third Edition, Robert L. McDonald, Addison Wesley, Copyright 2013) and are thus
intended for educational, non-commercial use. Neither the author nor publisher represent
these spreadsheets as suitable for any purpose other than to help you learn the material in
the text.