This qualification has been designed to encourage students to be inspired to meet their lifestyle aspirations. This will be achieved by teaching students to apply appropriate solutions from the varied choices available within the evolving and competitive financial services marketplace.
The certificate enables students to make informed decisions regarding their finances. It will also help students to become responsible borrowers, sensible savers and have an appreciation of the need for financial planning throughout their lives.
It is suitable for anyone who is keen to develop an understanding of money and its uses in everyday life. The world of finance is constantly changing, so having knowledge of current affairs is essential for this subject.
Year 12 (Certificate):
Unit 1: Financial Capability for the immediate and short term
Unit 2: Financial Capability for the medium and long term
Year 13 (Diploma):
Unit 3: Sustainability of an individual’s finances
Unit 8: Sustainability of the Financial Services System
There are two units of study on the first year of this course. Both units will be assessed by e-test / written paper made up of the following components: Part A – 45 minute multiple choice exam; Part B – 105 minute exam based on a pre-released case study requiring essay responses to five questions.
Year two of the course focuses more on the financial providers and considers how and why they offer the services. Again, the assessment follows the same format as year one, although the papers are 60 minutes and 120 minutes in length.
Minimum of five 9-4 grades in GCSE examinations including English and Maths.