FACULTY OF BUSINESS AND MANAGEMENT STUDIES UNDERGRADUATE BUSINESS PROGRAMME ACADEMIC YEAR 2020-2021, 2nd Semester July - 2021 WRIT 1 Programme Title: BMS, A&F, MM, BE, BIS Module Title: Personal Finance Module Code: GAC3000 Assessment Method: Coursework Level: 3 Block: 2 Module Credits: 20 Weighting: 30% Due Date:11-May-2021, 09:00 PM Word Count:1,200 Examiner(s):Ms

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FACULTY OF BUSINESS AND MANAGEMENT STUDIES UNDERGRADUATE BUSINESS PROGRAMME ACADEMIC YEAR 2020-2021, 2nd Semester July - 2021 WRIT 1 Programme Title: BMS, A&F, MM, BE, BIS Module Title: Personal Finance Module Code: GAC3000 Assessment Method: Coursework Level: 3 Block: 2 Module Credits: 20 Weighting: 30% Due Date:11-May-2021, 09:00 PM Word Count:1,200 Examiner(s):Ms. Pavithra, Dr. Khalid, Ms. Sonia and Mr. Faisal Version: 1 Pg.1 Version1 Gulf College – Faculty of Business and Management Studies – In academic Affiliation with CARDIFF SCHOOL OF MANAGEMENT A. ? ? ? ? ? ? ? B. ? Written work A signed declaration that the work is your own (apart from otherwise referenced acknowledgements) must be included after the reference page of your assignment Each page must be numbered. Where appropriate, a contents page, a list of tables/figures and a list of abbreviations should precede your work. All referencing must adhere to School/Institutional requirements. A word count must be stated at the end of your work. Appendices should be kept to the minimum and be of direct relevance to the content of your work. All tables and figures must be correctly numbered and labelled. Other types of coursework/assignments Where coursework involves oral presentations, discussions, poster presentations, etc., specific instructions will be provided by your module leader/team. ?--------------------------------------------------------------------------------------------------------------------------------------------Rewrite below part just after the References of your assignment. WORK DECLARATION I, , hereby declare that the uploaded Coursework through Turnitin is my own work. I affirm that this has been researched and completed in accordance with the college rules and regulations on plagiarism. I acknowledge the advice given by the module tutors on proper referencing to avoid plagiarism and the rules on the academic unfair practice. I acknowledge that I read and understand the plagiarism guide written at the end of this assessment. Any academic misconduct will be handled according to the rules and regulations of the university. 40T40T General instructions Coursework must be submitted online through Turnitin before due date. An acknowledgement will be given to you by your teacher upon presentation of the finance clearance. This is your receipt, keep it. The only circumstance in which coursework can be uploaded late via Turnitin is if a Mitigating Circumstances (MC) form is submitted at the same time. In these circumstances work may be submitted within five (5) working days. Make sure to secure MC form and submit the same to the concerned staff. Write the number of words used, excluding references, at the end of your coursework. Provide the list of sources you used at the last page of your coursework with proper label ‘Reference’. You may include diagrams, figures etc. without word penalty. The number of words will be + or – 10% of the total words allowed. A work declaration must be included just after the reference page of your coursework. This ensures that you prepare your work in good faith. Any form of collusion and/or academic unfair practice will be dealt with according to the pertinent rules and regulations of the partner university. Please read carefully the plagiarism guide. Assessment Details This Coursework comprises 30% of the total assessment’s marks. These will develop the following skills: • Writing skills – the abilities that students can collect ideas and information and present them in a required format for others to read and judge • Analytical skills – assessing the student’s ability to collect and analyse the information and making decisions • Digital skills – students will be able to find, utilise, evaluate and create content using information technologies and the internet, as well as they can learn how to design, create, and present an academic e-posters to advertise or announce any information in the near future. • Innovation and creativity – students will use their own creativity and innovative ideas to prepare an academic e-posters using images, texts, graphics, flow charts and pictures etc. In addition, the assessment will test the following learning outcome: • Compare the main features of financial products and providers Pg.3 Version1 Assessment Task This assessment requires you to make a personalised academic e-poster. Each student needs to research on the topic guidelines given below to complete the e-poster. The e-poster should be a mixture of texts and graphics that will best illustrate the topic given. The academic e-poster should consist of the following tasks: I. Financial institutions consist of a broad range of operations within the financial services sector including commercial banks, credit unions, insurance companies, brokerage firms and investment banks etc. On this topic, you are required to choose any one of the commercial banks existing in the Sultanate of Oman by providing an introduction and background details about the chosen commercial bank. II. (approximately 150 words) A financial institution is a company engaged in the business of dealing with financial and monetary transactions by offering different financial products such as deposits, loans, investments, accounts, cards and insurance etc. Everyone living in an economy has an ongoing or at least periodic need for the services of financial institutions. On this consideration, you are required to discuss the meaning, features and the eligibility required for any three different types of bank accounts and any three different types of cards offered by the chosen commercial bank to the customers. (approximately 500 words) III. Based on the above understanding, you are required to discuss the differences between debit card and credit card and how to determine whether to use a debit card or credit card? (approximately 400 words) IV. Conclusion (approximately 150 words) ***END OF ASSIGNMENT TASK*** Guidelines for e-poster preparation and submission: • Prepare a one-page poster document in power point • All e-posters should be prepared in English • Layout: Landscape (Horizontal orientation) • Poster size: o Pixels: recommended size (format W x H) is 2000 x 1200px. • File size: maximum file size is 80 Megabytes (80MB) • Media: Images/photos, graphs, flow charts and tables etc. can be included in the e-poster • File format: Save your file in a power point for quick and easy upload in the Turnitin • Main message of the e-poster should be clear and understandable with limited contents • E-poster with more creativity and productivity by maintaining a proper word balance between text and graphic • Consistency and clean layout should be followed • Text should be legible, uncluttered, avoid abbreviations and acronyms Additional instructions: Your assignment should contain the following: Commercial bank: • Introduction – Introduction about the chosen commercial bank existing in the Sultanate of Oman, further discussion should be provided on the background details about the chosen bank like history, scope of the bank, current operations etc. • (approximately 150 words) Discussion on the meaning, features and the eligibility required for any three different types of bank accounts like current accounts, savings account, salary account, fixed deposit and any other types of bank accounts for the chosen commercial bank. Further discussion should be provided on the features, eligibility and other terms and conditions applicable for any three different types of debit or credit cards like platinum credit card, gold credit card, classic credit card, visa platinum debit cards etc. • (approximately 500 words) Discuss the differences between debit card and credit card as well as further discussion should be provided on how to determine whether to use a debit card or credit card? (approximately 400 words) • Conclusion (approximately 150 words) ************* Guidelines to students: - You are required to prepare an academic e-poster (1,200 words equivalent) based on the given task - The font type must be Arial with a font size of 12 and with 1.5 line spacing. - You are required to provide 5 to 6 references which includes all sources like books, e-books, online sources, newspapers, and journals using the proper Harvard referencing system GAC3000 - Personal Finance AY:2020-2021/ 2nd Semester Marking Scheme Question Description No. Marks Allocated Commercial bank: I. - Introduction 5 - Background details about the chosen commercial bank 10 - Discussion on three different types of bank accounts (meaning, features and the eligibility required) II. (3 types * 5 marks each) - Discussion on three different types of bank cards (Features, eligibility and other terms and conditions) (3 types * 5 marks) III. Differences between debit cards and the credit cards (6 points * 3 mark each) - 15 Discussion on how to determine whether to use debit card or credit card (2 points * 6 marks each) 15 18 12 Exclusively for the e-posters meeting all the requirements: IV. V. - Layout - E-poster size - Media – images/photos, flow charts, tables etc. - Creativity and productivity - Message displayed in the e-poster - Colours used in the e-poster - Consistency and clean layout etc. - Conclusion 10 Total Pg.8 Version1 15 100 Plagiarism 1. Plagiarism, which can be defined as using without acknowledgement another person’s words or ideas and submitting them for assessment as though it were one’s own work, for instance by copying, translating from one language to another or unacknowledged paraphrasing. Further examples of plagiarism are given below: Use of any quotation(s) from the published or unpublished work of other persons, whether published in textbooks, articles, the Web, or in any other format, which quotations have not been clearly identified as such by being placed in quotation marks and acknowledged. Use of another person’s words or ideas that have been slightly changed or paraphrased to make it look differentfrom the original. Summarising another person’s ideas, judgments, diagrams, figures, or computer programmes without reference to that person in the text and the source in a bibliography or reference list. Use of services of essay banks and/or any other agencies. Use of unacknowledged material downloaded from the Internet. Re-use of one’s own material except as authorised by the department. 2. Collusion, which can be defined as when work that has been undertaken by or with others is submitted and passed off as solely as the work of one person. This also applies where the work of one candidate is submitted in the name of another. Where this is done with the knowledge of the originator both parties can be considered to be at fault. 3. Fabrication of data, making false claims to have carried out experiments, observations, interviews or other forms of data collection and analysis, or acting dishonestly in any other way. Plagiarism Detection Software (PDS) As part of its commitment to quality and the maintenance of academic standards, the University reserves the right to use Plagiarism Detection Software (PDS), including Turnitin. Such software makes no judgment as to whether a piece of work has been plagiarised; it simply highlights sections of text that have been found in other sources. The use of plagiarism detection software fulfills two functions. The first is to enhance student learning (i.e. as a developmental tool); the second is to guard against and identify unfair practice in assessment. Further information and guidance can be found in the University’s policy on the Use of Plagiarism Detection Software. Pg.9 Version1