Peter Barlow (12345678)
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FINM3407 BEHAVIOURAL FINANCE
Semester 1 2024
INDIVIDUAL ASSIGNMENT
Course assessment weight 25%
(Total Marks: 70)
PENALTIES WILL BE APPLIED FOR LATE SUBMISSIONS.
FAMILIARISE YOURSELF WITH LATE SUBMISSION PENALTIES OUTLINED
IN YOUR COURSE PROFILE.
SUBMISSION INSTRUCTIONS
1. You are required to submit your assignment in Turnitin using Case Study
Submission Link on Blackboard. Turnitin also performs a similarity check for
potential plagiarism.
2. Submission deadline is 2.00 pm (AEST), May 10, 2024. Submissions made beyond
this deadline will be penalised for late submission. Please see ECP (late
submission of assessment – Section 5.3) for the details on the late penalty.
As a starting point, carefully read “Rudy Wong, Investment Advisor” (see URL on Blackboard
under “Assessment”) and please make sure you also read other publications from academic journals,
news articles/working papers that will strengthen your assignment. Use this case as a background
to carefully develop your answers to the two questions listed below:
1. How and to what extent can investment advisors/portfolio managers attempt to add
value? How should Rudy Wong advise Bob Miller and the Kleins? Discuss with the
lens of “behavioural finance”. [30 marks]
2. How confident should Rudy Wong be as to the advice he provide to clients? Given
the poor performance in the previous year (as of the time of the case), how do you
think Wong should best approach such situations? [30 marks]
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The remaining 10 marks out of possible total 70 marks will be allocated to the quality of references
used and formatting. In order to better understand, what is expected, carefully refer to the assessment
rubric, that is, the marking guide to be followed by your examiner, posted on Blackboard.
The length of your submission should be maximum 5 pages of text (excluding list of references, or
figures and tables that may be placed after references), using 1.5-line spacing, 12 font size ‘Times New
Roman’, ‘Normal’ margins, justified paragraphs and page numbering in the bottom right-hand side.
Please insert full name (family name entered last) and your eight-digit student number as a
header on every page of your submission (see the sample header of this document). As a rule
of thumb, using shorter paragraphs or sentences improves readability. Footnotes should be kept to a
minimum. An introduction and conclusion are needed in your answer to Questions 1 and 2
but not for the overall submission (see assessment rubric posted on Blackboard under
Assessment). Please make sure we can clearly follow where one section ends and the other begins, i.e.
use Question number and sub-headings to guide the reader.
Those who do not adhere to the above format will lose marks.
Further helpful guidelines for scoring marks on your assignment
• In some cases, there could be more than one answer acceptable to the examiners. However, it
is your responsibility to clearly defend your answers in a coherent manner in your written
submission. That is, merely stating ‘Yes’ or ‘No’, or providing vague comments are not
acceptable answers to any of the questions. It is the quality of your reasoning and analysis
that matters the most.
• There are some sources that might help your understanding regarding this case, and thereby
improve your answers. You are asked to cite at least four (4) relevant sources. For example,
you may refer to academic journals, working papers from various sources including Bank for
International Settlement (www.bis.org), Federal Reserve System (www.federalreserve.gov),
European Central Bank (www.ecb.europa.eu), World Bank (www.worldbank.org),
International Monetary Fund (www.imf.org), or articles published in outlets such as the
“Bloomberg” (www.bloomberg.com), the “Wall Street Journal” (www.wsj.com), the
“Australian Financial Review” (www.afr.com), the “Financial Times”(www.ft.com), or other
similarly reputable sources you may encounter.
• Please be aware that plagiarism, defined as copying and pasting someone else’s words into your
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assignment without proper acknowledgement, is unacceptable at UQ. When you report
someone else’s comments or ideas, you need to fully and clearly acknowledge the source, i.e.
list it under ‘References’ that starts on a new page at the end of the main text using the Harvard
Referencing Style. It is also good practice to paraphrase other authors’ words, which would
indicate your level of understanding, instead of making long direct quotations. Nevertheless, a
few short direct quotations may be used to emphasise what you consider to be important points
in your answers. Submissions will be checked for plagiarism using Turnitin (the extensive
checking process involves the World Wide Web as well as previously and currently submitted
assignments, journals and various other publications).
This assessment task evaluates students' abilities, skills and knowledge without the aid of
generative Artificial Intelligence (AI). Students are advised that the use of AI technologies to
develop responses is strictly prohibited and may constitute student misconduct under the
Student Code of Conduct.
Summary of marking criteria
Carefully refer to the assessment rubric posted on Blackboard under Assessment for details.
We hope you enjoy doing your assignment and the knowledge it brings.