Highlights
Task:
A BRIEF DISCUSSION OTHE PROJECT:
PROJECT AUDIENCE:
The audience of the project report is a professional organisation. Hence, it is important to write a professional report on a topic that is of great interest for the profession in question. One might like to think the project report as a consultancy report with sufficient details backed by rigorous models and analytical theories and backed by an efficient statistical analysis.
A critical step at this stage is to identify the organisation for whom one will write the report.
WHAT IS NOT A PROJECT REPORT? Something that is purely text-bookish with little relevance for an organisation.
WHAT IS THE DISCUSSION SESSION? In the discussion session, you get the opportunity to discuss your research for the project with the lecturer. Since your research/project is your intellectual property, I will not record the sessions and download them on VUWS. This is to avoid conflicts of claims and potential plagiarism.
It is also imperative to remind you that the discussion forum is for 2 hours as an online zoom meeting for all to share the 2 hours of interaction with the lecturer every week. So, please keep your questions and discussion brief to give others opportunities to discuss their research and progress.
It is also important to highlight that some of you will not be able to attend the session for the entire 2 hours. You are welcome to join late and leave early giving yourself sufficient time to discuss the main issues of your project.
BASIC INTUITIONS OF THE PROJECT REPORT/ASSIGNMENTS:
Let me give you the basic ideas of the assignment/s from the approved learning objectives so that my views don't taint the concept of an assignment for this unit. Please read the Learning Guide as well for further details.
As I mentioned before, assume that you are to write a consultancy report on an important aspect of finance and property with clear recommendations after analysing the relevant issues.
As an example, you might like to highlight how the pandemic has impacted the tourism sector. You will also like to recommend strategies to bolster the tourism sector during the recovery phase from the pandemic. A likely (highly rudimentary) path of your research can be as follows:
You might like to explain the impacts of the pandemic on the tourism sector using hard facts (data from reliable sources),
Explain the consequences of these impacts in terms of job losses, income losses and social issues,
Explain the impacts of job losses on the financial and property markets since job losses hit households and household spending and investment are the major drivers of financial markets and property markets.
Policy recommendations could be short-term to help households and businesses to overcome the cash-flow problems. The long-run solutions will be to build resilience by retraining people since the pandemic can have long-term consequences for the international tourists.
WHAT DOES THE LEARNING GUIDE SAY?
CLO 1. Produce authentic resources or artefacts that express complex ideas using discipline-appropriate written skills suited to multiple audiences and contexts.
CLO 3. Produce and justify a complex argument in a professional or enterprise context using multiple sources of relevant, discipline-appropriate information (textual or numerical).
CLO 4. Plan a project and propose a well-formulated solution, including its contingencies and future implications, to a professional or enterprise problem that considers multiple professional or enterprise contexts (including global).
CLO 5. Evaluate professional or enterprise practice in relation to culture and diversity in discipline-appropriate contexts (including first peoples/global) and make recommendations, including contingencies, alternatives and future implication.
CLO 6. Evaluate economic, social, and environmental decisions and practice and make recommendations, including contingencies, alternatives and future implications, for professional or enterprise practice.
Outcome: The Bottom-line
1. Demonstrate an understanding of knowledge within their area of study (Finance or Property) in conducting a major project.
2. Assess specific industry (Finance or Property) issues in depth, and to critically evaluate the body of knowledge relevant to a major industry topic.
3. Apply knowledge and skills to produce a report with recommendations relevant to an organisation or sector within the Finance or Property industries.
Please note the following housekeeping issues:
1. We have 2 hours to discuss all questions and comments, so please keep your discussion brief to enable others to have a chance.
2. It is okay if you have to leave early or join in late due to work commitments. Ideally, you should have at least a few minutes to discuss the progress.
3. This weekend being a long weekend, please try to cover serious (or, most of the) grounds for the proposal.
4. Read carefully the attached document and target your project report accordingly.
5. As I highlighted several times, assume the role of a consultant and write up a report for the professional audience.
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