Assessment 2 Information

Subject Code: FINM4100
Subject Name: Data Analytics in Accounting, Economics & Finance
Assessment Title: Investigative Report – Banking and Analytics
Assessment Type: Individual Report
Weighting: 25%
Word Count: 1500 Words (+/-10%)
Total Marks 25
Submission: Turnitin
Due Date: Monday Week 10, 19:55pm AEST

Assessment Description


• You are an analytics consultant who has been asked to develop a report to the board of
directors of Commonwealth Bank of Australia. The report needs to:

A) Describe the applications of Fintech and data analytics to the banking sector
B) Evaluate the impact Fintech and data analytics will have on how banks in Australia will
operate over the next 5 years
C) Recommend three specific actions Commonwealth Bank can take over the next 12 months
to ensure they remain competitive

• Students are provided with ONE core reading and four suggested readings:
• CORE: https://www.ey.com/Publication/vwLUAssets/ey-unleashing-the-
potential-of-fin-tech-in-banking/$File/ey-unleashing-the-potential-of-fin-tech-in-
banking.pdf
• SUGGESTED: https://www.pwc.com/gx/en/financial-
services/fintech/assets/fin-tech-banking-2016.pdf
• SUGGESTED: https://www.mckinsey.com/industries/financial-services/our-
insights/smarter-analytics-for-banks
• SUGGESTED: https://www.mckinsey.com/industries/financial-services/our-
insights/synergy-and-disruption-ten-trends-shaping-fintech
• SUGGESTED:https://www2.deloitte.com/content/dam/Deloitte/global/Docum
ents/Deloitte-Analytics/dttl-analytics-us-ba-bankinganalytics3minguide.pdf





• Students must reference the core reading, two suggested readings and three of their
own sources in their report.
• The report should be appropriately referenced based on the resources found on MyKBS
(Academic Success Centre): https://elearning.kbs.edu.au/mod/page/view.php?id=194263


Assessment Structure

Suggested Structure:
Executive Summary
Students need to outline the issues covered in the report and summarise the recommendations.
Someone reading this summary should have a general idea of what the report will address.
Introduction
• Describe what Fintech is
• Describe the applications of Fintech in the banking sector with reference to contemporary
sources
Discussion
• Summarise the main conclusions from the introduction and speculate how banking will
change over the next five years as a result.
• Justify your evaluation with reference to contemporary sources and use relevant headings
to highlight the main effects
Conclusion
• Drawing on the introduction and discussion recommend three specific actions for the CBA
over the next year to ensure they remain competitive
• Justify your recommendations with evidence and refer to current sources
Summary of main discussion points.
• Summarise all sections of the report.
References & Appendices
Reference appropriately in text and in the appendix (See
https://elearning.kbs.edu.au/mod/page/view.php?id=194263)








Task-Based Rubric

Section Criteria Marks Allocated
A) Research and
Description of
Current Trends
Demonstrate an ability to describe, evaluate and conduct research on
current trends in big data and analytics as they relate to banking.

Integrate an understanding of analytics techniques, governance and
economic and financial theory policy to address the application of big data
and analytics to banks
4 marks


8 marks
B) Predictions
and Reflections
Synthesise theory and practice taught in the course, personal research and
the reports provided to provide a logical, convincing and supported
conclusion/prediction on the effects of big data and analytics on the future
of banking
6 marks
C) Recommend
strategic actions
by the bank
Recommend three specific strategies a bank could undertake to address
the changing landscape of banking in light of fintech and analytics
capability. Briefly justify each strategy with reference to current theory and
practice.
4 marks
Referencing,
Presentation
and
Communication
Construct a report that follows a logical sequence of an executive
summary, introduction, clear sections and a summary/conclusion. Judge
the needs of the report audience (finance industry professionals) and
adapt the report structure, presentation and jargon to address those
needs.

Conduct research into the report topic based on provided readings and
personal research. Demonstrate an understanding of which sources are
most relevant to addressing the report focus.

Apply Harvard Referencing conventions to acknowledging all sources used
in constructing the report
1 marks





1 marks



1 marks
Total Marks 25
Page 4 Kaplan Business School Assessment Outline

Important Study Information


Academic Integrity Policy

KBS values academic integrity. All students must understand the meaning and consequences
of cheating, plagiarism and other academic offences under the Academic Integrity and Conduct
Policy.

What is academic integrity and misconduct?
What are the penalties for academic misconduct?
What are the late penalties?
How can I appeal my grade?

Click here for answers to these questions:
http://www.kbs.edu.au/current-students/student-policies/.


Word Limits for Written Assessments

Submissions that exceed the word limit by more than 10% will cease to be marked from the point
at which that limit is exceeded.


Study Assistance

Students may seek study assistance from their local Academic Learning Advisor or refer to the
resources on the MyKBS Academic Success Centre page. Click here for this information.