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BFF1001: Foundations of Finance
Team Business Report
Two key skills to your future career success are the ability to …
1) Work well in a team
2) Communicate your ideas and interact effectively in business and workplace
meetings.
To draw your attention to and emphasise the importance of these skills, students will be
forming teams and, ideally, in the same team, perform two team-based assignments; the
first was a Business Presentation, the second is this Business Report.
The Business Report is where your team will learn how to conduct market research and
prepare a formal business report for clients.
Task details
Team Size:
3-4 students only; the same team (and team number) as for your Business Presentation.
Forming and management of teams is the sole responsibility of students and has been set out
since week 1 in the Team Formation Instruction. The first part of the assessment is that students
can demonstrate the social ability to communicate and interact with their classmates to form
teams of their making and to optimise the teams they work with.
Assessment Weight: 13% (calculated as a product of a staff member-awarded mark and peer
assessment ratio)
Learning objectives assessed: Objectives 1, 2 and 3
Due Date:
Due in by 4.30pm (AEST) Monday 9 May 2022. Early submissions are permissible.
Penalties for late lodgement:
An assessment is late if it is submitted after the due date, or after the extended due date if an
extension has been granted. A late penalty of 10% of the assessment total will be deducted for
each late day or part thereof.
Assessment Limits:
Business report: 1,000 words with a 10% allowance. Cover/Title page, references, table of
contents, list of figures/tables, bibliography, graphs and appendices are not counted in the word
limit. The executive summary and conclusion are counted. Reports over or under the word limit
allowance will be penalised -2 marks.
Format & Referencing:
Use the Business Report format, including Table of Contents, Executive Summary and
Conclusion sections. Follow the formatting, structure, referencing styles outlined in the Q Manual.
https://www.monash.edu/__data/assets/pdf_file/0005/506345/qmanual.pdf
Referencing is not counted in the word limit. Beyond financial product websites used which need
to be referenced by footnotes or endnotes to demonstrate required market research (otherwise -
4-mark penalty), there is minimal other referencing required unless financial media articles are
used to support your recommendations.
Coversheet:
The business report is to be submitted with a Team Assignment Coversheet as the 1st page,
signed by all group members. A copy is available to download in the Team Business Report
section of Moodle.
Coversheet conditions:
● Completed in full and signed by ALL members of the group (electronic signatures are
accepted).
● The first student on the coversheet is to be the group representative.
● For digital submissions of assignments online, a signed copy of the cover sheet is to be
used and inserted as the first page of the assignment document.
As per Faculty policy, assignments with no coversheet or an incomplete/incorrect cover
sheet are considered incomplete and will not markable. Assignments of a team size
exceeding the limits will not be marked.
The assignment is not considered submitted till the accompanying coversheet is received.
Should the coversheet be received late, a late penalty will apply from the date of
submission until the coversheet is received. Submission of coversheets separately to the
assignment will be penalised by 10% per day late.
Mode of submission:
Via Moodle Assignment Upload link Assignment Submission located in the Team Business Report
section of Moodle.
Only one submission is allowed per team. Only the Team Representative will submit the
assignment.
The file format for submission is a pdf or Word document only. Submissions in any other
formats will not be marked. Any file submission that is corrupt or not readable in Monash
University computers (which run Windows) will not be marked. MAC submissions are not
recommended for this reason, for the risk of incompatibility with markers’ PCs.
Only the Team Representative will be able to submit the business report electronically via upload
to Moodle using the Assignment Submission link.
Should a file format be discovered as unmarkable, the marker will inform the team via email on
the date of discovery. The team will email a markable file to the marker. A late penalty of 10% per
late day from when the marker informs the team of an unmarkable assignment until when the
team submits a markable assignment will be applied.
Peer review submission:
To incentivise responsible and professional behaviour in teamwork, all students must complete a
peer assessment of all team members for the assignment. All peer assessment is anonymous.
Failure to submit a complete and correct peer assessment for all your team members will result
in the forfeit of all peer assessment awarded to you for the assignment. The due date to submit
your peer review is 4.30pm (AEST) Monday 9 May 2022.
The Peer Review task, which contains instructions on completion, is available for completion in
the Team Assessment section of Moodle.
Not submitting a peer review by the due date will incur a penalty of -25% (3.25 marks out of
13).
Students who receive a 0 peer review mark from all team members will get a 0 mark for the team
report.
Peer reviews are anonymous, and students may see staff in consultation after results are released
to find out how they performed in the peer review.
Mark Calculation
The overall score for each team assignment (13%) consists of
• a staff member-awarded component – maximum of 9.75 (75%) and
• a peer review component – maximum of 3.25 (25%)
The contribution of your mark out of 13 to unit assessment will be calculated as follows:
−
× . +
× .
Example: A team receive a staff member-awarded mark of 15 out of 20.
● Team member 1 receives an average of 8 out of 10 for peer review. Their mark is calculated
as: Staff member awarded mark = 15/20*9.75=7.31
Peer review mark = 8/10*3.25 = 2.6
Total Score= 9.91 out of 13
● Team member 2 receives an average of 6 out of 10 for peer review. Their mark is calculated
as:
Staff member awarded mark = 15/20*9.75=7.31
Peer review mark = 6/10*3.25 = 1.95
Total Score= 9.26 out of 13
● Team member 3 does not contribute to the assessment and receives 0 out of 10 for peer
review. Their mark is 0 due to non-contribution.
● Team member 4 does not submit a peer review. Their mark is calculated as:
Staff member awarded mark = 15/20*9.75=7.31
Peer review mark = 0
Total Score= 7.31 out of 13
The assessment for each team assignment is calculated as
staff member-awarded mark * peer review ratio
Distribution of Team data:
Every team will have a unique set of Assignment data that specifies the numbers and conditions
to be used in your report. The numbers and conditions are randomly generated so that no teams
will receive the same dataset.
Team data have been emailed to the team representative after your team registration is
completed. Using another Team’s Data is considered plagiarism and will result in a 0 mark.
A description of the dataset is provided in the relevant section below.