Development of Competency’s Assessment

In one of my previous blog entitled “How to Design Learning Competencies”, I described the fifth learning session for Unit 2 as following: “At the end of the learning session the student prepares a report based in his results analysis of an MS Excel book in which applies the value at risk methodology for individual assets and a portfolio of at least 5 assets”.

For the assessment of this competency I used to ask students to write down an essay, do to this kind of tool help me ensure that students are able to demonstrate knowledge of competencies based in the analysis of information they obtained from public sources of assets prices information. At the same time, they have to develop communication skills in order to explain their data treatment and results; and, at the same time, analytical skills through writing the report in order systematize their main ideas.

From my point of view, the potential benefits and challenges of the assessment method I selected are: 1) Students have to master data analysis for assets’ pricing in order to obtain a first input for essay writing. 2) They have to comprehend the methodology used for analysing assets’ pricing and the result interpretation, as a second input for essay writing. 3) The essay writing skill is a demonstrative result because students has to explain their procedures and results interpretation in a simple and understandable form, in order any non-familiarized person will be able to capture what the students want to communicate.