Regulations & Policies

Academic Assessment Policy

Document No.:

IA-POL-13

Version:

2.0

Effective Date:

September 2026

Scope:

All training programs and services delivered by the Academy

Approved by:

Senior Management of Investment Academy

Review Cycle:

Annually, or upon changes to the applicable laws and instructions

1. Purpose

The assessment policy aims to measure the extent to which trainees achieve the targeted learning outcomes, and to strengthen analytical thinking and practical application, contributing to the trainee’s readiness to apply what they have learned in the workplace. This policy defines the assessment instruments and criteria and the procedures for announcing and reviewing results.

2. Principles

• Direct alignment with course objectives and learning outcomes.
• Fairness, transparency and equal opportunity among trainees.
• Diversity of assessment instruments across theory and practice.
• Compliance with academic and professional standards and with the rules of academic integrity.

3. Assessment Instruments

• Online examinations: quizzes, midterm and final examinations.
• Individual assignments: reports, summaries and case studies.
• Applied projects, group activities and presentations.
• Participation and engagement in lectures and discussions.
• Self-assessment: a learning tool that does not count towards the grade, helping trainees gauge their understanding before formal examinations.

4. Grade Distribution and Passing Mark

• The grade distribution and passing mark of each program are announced in its description before registration and on the course page inside the platform, and are not amended after the program starts except in the trainees’ favour.
• In courses and short programs, the certificate requires meeting the minimum attendance and passing the final assessment specified in the program description.
• In diploma programs, the TVTC Training Instructions Manual and the Diploma Regulations (IA-POL-20) apply: coursework does not exceed 40% of the final course grade, the final examination is no less than 60%, the passing mark is 60%, and grades are recorded according to the TVTC grading table.

5. Assessment Criteria

• Correct understanding and application of concepts.
• Quality of analysis and reasoning, and linking theory to practice.
• Compliance with the task instructions and requirements; accuracy, clarity and organization.
• Scholarly honesty and citation of sources.

6. Submission of Tasks and Deadlines

• All tasks are submitted through the platform by the set deadlines; the system records the submission time.
• Late submission is accepted within the grace period set in the course instructions, with a deduction as specified in the program bylaw or course instructions; after that period it is accepted only for an approved excuse under the Attendance and Follow-up Policy (IA-POL-05).

7. Online Examinations

• Held on the dates announced in the training calendar and subject to the controls of the Cheating Prevention and Identity Verification Policy (IA-POL-02).
• The permitted number of attempts and the duration are defined in each examination’s settings and announced to the trainee before starting.
• A trainee absent from an examination for an accepted excuse is offered a make-up examination as decided by the department concerned, and in diploma programs in accordance with TVTC instructions.

8. Feedback and Announcement of Results

• Trainees receive written or oral feedback highlighting strengths and areas for improvement, aimed at developing performance and not merely at computing a grade.
• Results are announced through the trainee dashboard after approval by the department concerned; the platform’s electronic records are the official record of grades.

9. Review of Results and Appeals

• A trainee may request a review of a result through the official channels within the period set in the program bylaw or, where none is set, within five business days of its announcement.
• The result is reviewed by someone other than the original marker, and the trainee is notified of the decision within ten business days.
• A review request is without prejudice to the trainee’s right to appeal the decision under the Complaints and Grievances Mechanism (IA-POL-08).
• Review of diploma and comprehensive examination results is subject to the periods and procedures set by TVTC.

10. General Provisions

• Program management may develop assessment instruments to improve the quality of training, announcing any amendment before it applies.
• The Academic Integrity Policy (IA-POL-01) applies to any breach related to assessment.