Financial Studies

Science and Mathematics

Science and Mathematics
Science and Mathematics
We are only accepting one application per candidate.

What will you be working towards?

Code PA/B6
Qualification Type National Diploma (BTEC)
Qualification Level Level 3
Course type Full Time

Overview

The course encourages students to become responsible borrowers and sensible savers, and to appreciate the need for financial planning throughout their life. It prepares them for further study by developing the core skills of critical analysis and evaluation, verbal communication (through classroom discussion) and written communication. 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.

Details

Unit 1 – Financial Capability for the Immediate and Short Term 

Students will gain an appreciation of why money is important through focusing on what money is, attitudes to it, and how it can affect life choices. 

Unit 2 – Financial Capability for the Medium and Long Term 

Students will gain the ability to plan and manage their financial needs in the medium and long-term, with particular reference to the importance of the need to budget for future aspirations and life events. 

Unit 3 – Sustainability of Individuals Finances 

This unit highlights the importance of financial sustainability for the individual, to enable the development of skills to make sure that the individuals financial education is sustained over a long period of time.  

Unit 4 – Sustainability of Financial Services System 

This unit explores the financial services system and looks at how financial services providers work and compete with one another.  

Key Skills Developed 

 

• analyse financial information, financial services products and services and begin to make judgements about suitability for people in different circumstances;  

• develop an understanding of financial concepts and terminology to enhance financial literacy; 

• analyse, synthesise, evaluate and reflect;  

• demonstrate numeracy skills, including the ability to manipulate financial and other numerical data to reflect the conceptual activity of financial maths;  

• select appropriate data and information to make arguments;  

• structure and communicate ideas logically and coherently;  

• increase their ability to work and learn independently. 


How will it be delivered?

Each unit it assessed through a combination of multiple choice questions and a written paper. The written paper will also assess SPAG through essay responses.

Entry requirements

There is no prior knowledge for this course. However students are expected to have a 4 in Mathematics and English.

Your next steps...

This course gives students an excellent ground knowledge for going ahead and studying; 

- Finance 

- Accounting  

- Business 

- Banking 

 

For employment it gives a good start for those looking to go into; 

- Finance 

- Insurance 

- Banking 

- Office administration