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Arts, Media and Publishing

Arts, Media and Publishing
Arts, Media and Publishing
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What will you be working towards?

Qualification Type GCE A/AS Level or Equivalent
Qualification Level Level 3
Course type Full Time


CeFS develops the knowledge and skills required for young people to make informed financial decisions by introducing them to the risks and challenges involved in personal finance and the tools for effective planning. Within this, it provides a solid basis for creating financial inclusion, by exploring social-economic trends and their relationship with an individual’s circumstances and attitudes.

This is a Level 3 course with the first  year leading to a Certificate in Financial Studies and second year to the Diploma  in Financial Studies.


As an Applied General qualification, the Certificate in Financial Studies (CeFS) is primarily designed for students aged 16–19 and provides a comprehensive introduction to personal finance. Its purpose is to prepare students for further study through the development of the core skills of critical analysis and evaluation, synthesis, verbal communication and written communication.

Key content areas

•Importance of financial capability in the immediate, short, medium and long term.
•Financial services and products, including sources of help and advice.
•Borrowing, budgeting, financial planning and cash flow forecasting.
•The impact of external influences at different stages in the personal life cycle.
•Risk and reward in managing personal finance.

All components and units are mandatory and assessed. Each unit is assessed through a combination of multiple choice questions (Part A) and a written paper (Part B). A total of 200 marks are available from both units comprising 100 marks per unit.

The structure of the assessment ensures that all aspects of the course content are subject to external examination.

The written paper for each unit synoptically assesses a student’s ability to integrate the skills, concepts and knowledge from the unit.

Unit 2 builds upon Unit 1 and the content of Unit 2 has been designed to combine concepts, skills, techniques and factual content from across the units in order to enable students to demonstrate an integrated understanding of concepts, theories, and knowledge from across the syllabus.

How will it be delivered?

A combination of classroom study, self study and enrichment activities.

Entry requirements

GCSE English and Mathematics grade 5 or above

Your next steps...

For students who wish to develop a wider understanding of the socio-economic impacts of personal finance, the skills and knowledge developed in CeFS can be extended by taking two further units to complete the Diploma in Financial Studies (QN 60085514). In addition, as a free-standing qualification, CeFS provides a platform for progression through further, higher education or employment.


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