BFC3340 Advanced Derivatives S1 2024

FINAL ASSESSMENT

FREQUENTLY ASKED QUESTIONS

Important Message-Academic Integrity

Monash takes academic misconduct very seriously. Any form of collusion will

have a very high chance of being detected and will result in severe penalty and a

very stressful time for everyone involved. For more information, please refer to

https://www.monash.edu/students/study-support/academic-integrity.

When is the final assessment paper released?

The final assessment is available for download from Moodle from 9am Monday the 20th of

May 2024. Head to folder “Final take home assessment’.

When is the due date of the final assessment?

The due date is 4:30pm Monday, the 27th of May, 2024.

Is the BFC3340 final take home assessment open book?

Yes, the assessment is open book where you download the document from Moodle, complete

it at your own time and submit your response by the due date.

Can I discuss the assessment questions with other people?

No. This is an individual assessment. You must not discuss with other people inside or outside

the unit, or share your work with other students. Such action may constitute academic

misconduct and result in severe consequences.

Can I use generative AI (Artificial Intelligence) tools?

In this assessment, you must not use generative artificial intelligence (AI) to generate any

materials or content in relation to the assessment task.

This whole assessment task requires students to demonstrate human knowledge and

acquisition of foundational skills in MATLAB programming and derivative analysis without

the assistance of AI.

What is the format of the paper?

The paper is in the form of a MATLAB live script document with extension .mlx, which is

the same format that has been used for tutorials and assignments throughout the course.

In addition to this MATLAB script file, there is a Word document containing instructions to

complete the assessment and the Student Statement form to be signed and submitted upon

completion of the assessment.

What are the accepted forms of responses?

Responses must be included in the MATLAB live script, or where explicitly specified, in a

MATLAB m.file. You will see some or all of the following options in the paper:

1. Type answer here: This option applies for questions that require a textual response.

Simply type your response in the live script at the indicated space.

2. Type your code in this box. Clearly comment your working. Display your final

answer by running the section: This option applies when the question requires

coding of a calculation. The box is a coding box that accepts codes. Use the

comment sign (%) to provide brief descriptions of steps in your code as appropriate.

Leave out the semicolon at the end of the final result line and run the section to

display the final result.

3. Write function FunctionName in an m.file and include it in the submission: create

the function and save it as a m.file and include it in your submission.

4. Type answer here, using Equation Editor for mathematical expressions. This option

applies for a proof typed question. To use Equation Editor, click Insert then Equation.

Is there a hurdle requirement for BFC3340?

No, there is no hurdle requirement for this unit. If you achieve less than 50% in the final

assessment but your overall mark for the unit is 50% or above, you will pass the unit.

Is a formula sheet available for the BFC3340 final assessment?

No. As the assessment is open book, you have all resources available to you.

What is the structure of the BFC3340 final assessment?

The BFC3340 final assessment will comprise 3 questions to be marked out of 100. They are

short-answer calculation, coding and/or conceptual questions. Calculations are to be completed

by typing MATLAB codes in a code box in the mlx file.

What will be tested in the final assessment?

It will focus on testing your understanding of concepts and techniques and ability to apply

what you have learned. You may be assessed on simple mathematical derivation and/or

conceptual understanding in a practical setting. MATLAB coding will be limited to what you

have seen in the lecture and tutorials.

Can I use functions that have been developed and made available throughout

the course?

Yes, you can. To enable easy access, we have placed them under folder Core functions in

Section Week 13 - Final Take Home Assessment folder.

Can I choose to use my own functions?

Yes. You can write and use your own functions or adapt the functions developed and provided.

In this case, give your functions a different name and include them in your submission. Be

warned that you will be responsible for any errors in your own coding.

How do I prepare for questions requiring coding and computation in

MATLAB?

To enable efficient execution of the assessment, you should have a thorough understanding of

the core MATLAB functions that have been developed throughout the course and made

available for download from the folder Core functions mentioned above. You are expected to

(1) know how to use these functions to complete the tasks being asked, (2) be able to extend or

write a similar function to address a different task and (3) be able to perform calculations on a

set of input in a script.

Tutorial materials are a great place to prepare for the final assessment.

How many decimal points should I round my answers to?

Unless a question specifically asks you to round (for example, round the final answer to two

decimal places) then it does not matter.

Will I have to comment on my MATLAB code?

Yes. It is important that you briefly describe the purpose of each major part in your code. Use

the tutorial and assignment solutions as a guide.

How do I submit my work?

Upon completion of this assessment task, upload the completed form of the Word document,

together with the MATLAB script and functions, using the assessment submission link. If you

use a modified version of MATLAB function that have been developed in this unit, or use

your own function, please also include these functions in the submission.

Don’t include the provided functions in your submission unless you have modified them and

given them a different name.

This submission must occur by the due date stated above.

If you realise you made a mistake in your submission, relax! You can resubmit by going back

to the submission folder, provided it is within the due date. In total, you have 2 submission

attempts including the first submission.

What topics do I need to study?

The final assessment will cover a subset of the topics that have been investigated in the unit.

This subset varies between semesters and between the main assessment and deferred

assessment. The expectation is that you have stayed up to date with all topics and the ample

time you have to complete the assignment means you can zoom in on assessed topics once

the final paper is released.

What consultation is available?

Part of Week 12 tutorials will be held as consultation sessions. This is in addition to the weekly

consultation scheduled for Week 12. Come to the tutorial with specific questions. If there is

clear demand for additional consultation, I will try to accommodate.

Can I ask questions regarding the final assessment after it has been released?

Yes, you can ask questions to clarify your understanding of the questions. You can do so either

at the consultations or by posting on Moodle. Keep the questions general and do not reveal

your own solution. If your question reveals solutions that may advantage other students, the

chief examiner reserves the right to remove such question.

If you email clarification questions to the CE or tutor, we reserve the rights NOT to respond.

What if I am sick during the window of the final assessment?

If you have exceptional circumstances beyond your control, you may be eligible to apply for

special consideration so you have more time to complete your assessment task.

Getting an extension on your assessment task might impact future assessments, so you should

still try to complete your assessments as soon as possible.

Refer to this link for further information:

https://www.monash.edu/students/admin/assessments/extensions-special-consideration

Good luck with your final assessment!