This is a two year course: Higher Level is the equivalent of one A level and Standard Level is the equivalent of one half A level. This can be taken in a combination with other level 3 courses (including A level, IB and vocational).
If taken in combination with two IB courses and either a vocational course or one A level, students will be taking the IBCP (International Baccalaureate Career-related Pathway).
The LIBF is the London Institute of Banking & Finance and they have accredited this qualification. The LIBF has been in existence for over 130 years and has over 53,000 pupils studying with them through around 800 schools
This qualification consists of 4 units for the diploma and 3 for the certificate.
Unit 1 – Financial Capability for the Immediate and Short Term
Unit 2 - Financial Capability for the Medium and Long Term
Unit 3 – Sustainability of an Individual’s Finances
Unit 4 – Sustainability of the Financial Services System
All units are assessed by 2 papers – Part A (35% of each unit) is a 45 minute multiple choice paper performed on-line, and Part B (65% of each unit) is a 1hour 45 minute written exam based on case studies released 6 weeks before the exam.
Grade 5 in GCSE English and grade 5 in mathematics.
The IBCP (International Baccalaureate Career-related Pathway) is globally recognised and accepted by universities around the world. Some competitive university courses ask for specific IB subjects to have been studied as part of the Baccalaureate programme of study. We recommend that you research current grade requirements for that subject on www.ucas.com and filter for the International Baccalaureate.
The financially related content of DipFS provides a solid foundation for continued study within business and finance-related disciplines. However, the core skills of critical analysis and evaluation, synthesis and written communication, and independent learning are transferable and provide a strong grounding for further study in other fields; typical examples include engineering, technology, or not for profit style organisational occupations. The level 3 BTEC attracts UCAS points and a table that compares it with A level grades can be found on our website by clicking here.