FINA 3104 T3-T5 tutorial 1 Introduction Review Syllabus: Grading, Homework and Peer evaluation Tutorial activities Basic Excel skills Fina 3104 1 Tutorials Schedule: - T3: Monday - T4: Monday - T5: Monday 17:00 – 17:50, Room 2303 18:00 – 18:50, Room 2303 15:00 – 15:50, LSK Room G007 Tutor: Benson Leung Office: LSK Room 5068 E-mail: bbsleung@ust.hk Office hours: - Wednesday 11:00-12:00 - Friday 11:00-12:00 Fina 3104 2 Assessment and Grading Participation * Homework 15% Peer Evaluation 5% Tutorial Activities 5% Midterm exam 30% Final exam 45% Fina 3104 3 Homework and Peer evaluation 4 homework assignments: questions will be posted on LMES Group assignments: submit only one hardcopy for each assignment Group members in the SAME tutorial session will be assigned and group list will be posted on LMES on 17 Sept 2014. Cover page: your tutorial section, your group number, group members name No late assignments, place into homework collection box (FINA 3104 L3-L5 HW) before noon on due date Homework assignments will be returned and discuss in the tutorial Peer evaluation Fina 3104 4 Important Dates Sep. 11(L3, L4, L5): REUTERS - LSK Room G009 during Lecture time, please go according to your registered time slot Sep. 17: Check your group number with all members’ name, SID number, Tutorial session(T3/T4/T5) Oct. 23: Midterm exam, 7:30-9:30pm LTC/LTE – seating plan will be posted before Oct. 17 – Time conflict: please let us know by 16 Sept. TBA: Final exam Fina 3104 5 Tutorial Schedule • Does not meet every week • Please refer to Syllabus for Tutorial Schedule. Fina 3104 6 Outcome-Based Approach - What Knowledge Personal Attributes Intellectual & Professional Skills Intended Learning Outcomes What we expect you to be able to do Teaching & Learning Activities Achieving these outcomes as far as possible Assessments Evaluating whether the learning outcomes have been achieved Fina 3104 7 Tutorial Activities Objective: To enforce the outcome based learning as to encourage you to work with your group, discuss and present in the tutorials Required to sit in for your registered session and sit with your group members Fina 3104 8 Tutorial Activities Group discussion – Active participation among HW groups and I may call up for presentation in class – Each group have to submit one set of written answer at the end of tutorial to those assigned questions, they will not be graded but we will go through the solution together. Fina 221T2 9 Long Discussion questions - case study cooperative learning technique. Student works on numerical problems during tutorial Discuss in group Form value-line groups Tutor or students summarize Execute and writeup Open up for entire class discussion Fina 3104 10 Trial Discussion Question 1 How to make arbitrage profits? And what are the possible cost that will reduce your profit? Individual thinking – 1 mins Fina 3104 11 Answer Buy low, sell high. Transaction levy, administrative cost, transportation. Fina 3104 12 Trial Discussion Question 2 Explain real assets and financial assets , what their characteristics are and give some examples. Individual thinking – 1 mins Discussion among group mates – 3 mins Group present – 3 mins Fina 3104 13 Answer Real Assets & Financial Assets Real Assets Assets used to produce goods and services Examples: Tangible assets: the land, buildings, and machines Intangible assets: human knowledge ( knowledge) and brand name Some characteristics of real assets (optional) – Illiquid – Depreciate in value over time – Indivisible Fina 3104 14 Answer Financial Assets Claims on real assets Examples: fixed-income securities, equity or stock, derivative securities Some characteristics of financial real assets (optional) – Liquid – No depreciate in value over time – Divisible Fina 3104 L2 15 • Basic Excel skills Fina 3104 16