This descriptive study investigates the diffusion of electronic portfolios in preservice teacher education by documenting the context and emergent practices in six programs identified as mature in their implementation. Context variables examined include prior use of paper portfolios, pressures for standards-based assessment, and leadership and governance issues. Variations in program implementa...

The turmoil in the capital markets in 1997 and 1998 has highlighted the need for systematic stress testing of banks’ portfolios, including both their trading and lending books. We propose that underlying macroeconomic volatility is a key part of a useful conceptual framework for stress testing credit portfolios, and that credit migration matrices provide the specific linkages between underlying...

This paper deals with risk measurement and portfolio optimization under risk constraints. Firstly we give an overview of risk assessment from the viewpoint of risk theory, focusing on moment-based, distortion and spectral risk measures. We subsequently apply these ideas to an asset management framework using a database of hedge funds returns chosen for their nonGaussian features. We deal with t...

Assessment using portfolios has recently gained wider acceptance, and is being considered relevant to several educational aspects in medicine, including formative and summative assessment during resident training, revalidation and continuing professional development. In this article, we provide an overview of the use of portfolio as an assessment and learning tool. We have discussed the rationa...

The turmoil in the capital markets in 1997 and 1998 has highlighted the need for systematic stress testing of banks’ portfolios, including both their trading and lending books. We propose that underlying macroeconomic volatility is a key part of a useful conceptual framework for stress testing credit portfolios, and that credit migration matrices provide the specific linkages between underlying...

This paper deals with risk measurement and portfolio optimization under risk constraints. Firstly we give an overview of risk assessment from the viewpoint of risk theory, focusing on moment-based, distortion and spectral risk measures. We subsequently apply these ideas to an asset management framework using a database of hedge funds returns chosen for their nonGaussian features. We deal with t...

This paper describes the development of an electronic portfolio retrieval system “PRIUM” (Portfolio Retrieval for Investigating Useful Material) which reflects keyword similarity, and assessment of its retrieving efficiency. 40 elementary school students used PRIUM, and 40 elementary school students used a full text retrieval system during their Information Communication Technology (ICT) educat...

A variety of different assessment formats has evolved in higher education in recent years – many inspired by task-related activities in the working environment. Some are not new: at Masters level, the dissertation is long-established, whereas at undergraduate level, projects and portfolios are proving increasingly popular. Portfolios are particularly favoured for professional subjects. Implemen...