Assessment Candidates for Institute qualifications must meet the competency standards of the Australian Quality Training Framework. These standards are assessed through both the exam and the assignment and the candidate must be judged competent on all relevant criteria. Successful completion of any Institute module requires the following: - Submission of an assignment and sitting an exam
- Achievement of a minimum 50% pass mark on the assignment
- Achievement of a minimum 50% pass mark in the exam(60% for online Accelerated Compliance modules).
Assignments All of the Institute's assignments are case-study based. For General Insurance, Insurance Broking, Loss Adjusting, Life Insurance and Workers Compensation/Personal Injuries Management modules, the assignment is worth 30% of the overall mark. For the Financial Planning and Risk Management qualifications, the assignment is worth 50% of the overall mark.
Online Exams One of the major new features of studying with the Institute in 2010 is the introduction of online exams. Key Features of Online Exam Students will receive their results in just three weeks after the examination. All students will now be able to sit their exam at their place of work, using an approved exam supervisor. The Institute will also continue to run a limited number of examination venues. The examination format remains unchanged; the online exams will consist of a multiple choice section, short answer section and a case study. Examinations will continue to be closed book. Students have the ability to easily redraft answers during the examination prior to submitting their final answers.
Upon receiving their results, students will also have access to view a breakdown of marks achieved per section of the exam.
Completing Examinations at a Workplace Students can nominate an appropriate person from their office to act as an examination supervisor. A suitable supervisor is an independent and trusted person such as: Human Resources or Training Manager A current qualified member of the Australian and New Zealand Institute of Insurance and Finance A teacher or person working in the education field A workplace manager to whom you do not directly report.
The exam supervisor cannot be a current student of the Institute or a member of the student’s family or a friend. The Institute must approve of the nominated supervisor. Exams completed at a workplace can be completed at any time throughout the exam day that is convenient for both the student and supervisor. Supervisors will need to ensure the student is completing the assessment in an environment which is conducive to completing an exam.
Online Examination Access Guidelines
Online Exam Access Guidelines - Accelerated Programs
Online Exam Supervisor Guidelines
Completing Examinations at an Institute Venue The Institute will offer a limited number of examination venues throughout 2010 for which students can attend to complete their examinations. Venues will be available in the following cities: Brisbane Sydney Melbourne Auckland Hong Kong.
Each venue will have four exam sessions available for students to choose from. Please note that places for each session are limited and priority will be given to those who enrol early. Exact examination times for each session will be confirmed closer to the examination date. N.B. Students in extenuating circumstances who are unable to complete the examination online can apply for special consideration to have their examination completed as a paper-based examination, or have their online exam time allocation extended. How your online examination is assessed and when will I get my results? Award course students studying General insurance, Insurance Broking, Loss Adjusting, Life Insurance and Workers Compensation/Personal Injury Management modules, will complete a two hour online exam worth 70% of the overall mark. Financial Planning and Risk Management award course students will complete a two-hour exam worth 50% of the overall mark. The structure of the online exam for Accelerated Compliance does vary from that of the Award Course exams. Your results will be available on the Institute’s website approximately six weeks after your exam date. This time is required to ensure that papers are correctly marked and validated. After your results are made available online, an official Statement of Attainment will be mailed to you. This includes:
1. A list of the national competencies covered in the module to assist you with credit into, and recognition for, further study. 2. Your assignment and exam mark, and final combined mark, graded according to the following table: Grade | Mark | | High Distinction (HD) | 86-100 | | Distinction (D) | 70-85 | | Credit (C) | 60-69 | | Pass (P) | 50-59 | | Fail (E) | 0-49 |
Successful completion of a module requires a pass mark (50% or more) in both the assignment and the examination.
Upholding the Integrity of an Institute Assessment In order to ensure online exams continue to uphold the highest assessment standards the Institute has put a number of new measures in place: Engagement with employers to uphold the assessment integrity and ensure examinations are conducted to support the desired outcome: A qualified professional employee. Exam questions for each module are drawn randomly from a bank of questions so that no two exams are the same. Equitable time constraints; regardless of whether students complete the examination at an Institute venue or their place of work, time allowances for completing the exam are the same. Time allowances are sufficient to complete the questions being asked whilst not excessive in order to prevent prohibited reference materials being utilised during the examination. Technology that allows quick and accurate comparison of exam submissions means online exams provide greater scope for identifying any possible breaches in Academic Conduct.
Can I have my assignment or exam re-marked?
You may apply to have your assignment or exam re-marked. To do so you must submit a Re-mark Application form within one month of your results being released. The form is available on the Downloads page. A re-mark is completed by an independent Institute examiner and there is a non-refundable re-mark fee (per assignment or exam) of A$110 or NZ$120. A re-mark usually takes about 3-4 weeks. Assessment analysis report
An assessment analysis report provides detailed feedback for either your exam or assignment. An analysis report is prepared by expert Institute examiners and is provided to you within one month of application. To apply, submit an Analysis Report application form which is available on the Institute’s website. The non-refundable application fee is A$110 or NZ$120. Exam Preparation To assist your exam preparation, the exam structure for most of the Institute's courses is presented with sample exam questions. Tip
Remember there is no substitute for good general knowledge of the course material. All questions are based around the course materials for each module. The exams are developed to assist you to demonstrate your skills and knowledge in relation to the Financial Services Competencies required to successfully complete each module. You should also attempt the Self-help Questions and Activities in your course materials in preparation for your exam(s). Course-specific information: Assessment information for New Zealand students Assignments and examinations for some modules may contain questions that are relevant to both Australia and New Zealand as well as questions that are Australia-specific and New Zealand-specific. New Zealand students are expected to be familiar with the Australian content of this learning module but relate their answers, where possible, to the New Zealand content. Academic Calendar To find out the important dates for your studies, download the Academic Calendar from the Downloads page. Special Consideration Special consideration is any set of circumstances which disadvantages a student’s study program to a serious extent, and results in an inability to sit a scheduled exam or complete an assignment. The Institute recognises that part-time distance education study can sometimes be difficult and taxing and is supportive of students in difficult circumstances.
Academic misconduct and plagiarism Academic misconduct is cheating, or breaking other Institute academic rules. The Institute takes academic misconduct very seriously because our reputation, and that of our students and the industry, relies on the integrity of our assessments. Plagiarism is presenting someone’s words or ideas as if they are your own. The Institute takes this matter very seriously.
|
