Course overview Students will look at the following topics: This qualification consists of two units: Unit 1: Financial Capability for the Immediate and Short Term (FCIS). Unit 2: Financial Capability for the Medium and Long Term (FCML). Each unit is worth 50% of the overall qualification. 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 factors which may influence an individual’s life choices.
Course details
| Qualification name | Certificate in Financial Studies |
|---|---|
| Qualification level | 3 |
| Awarding organisation | The London Institute of Banking and Finance |
| Learning method | Classroom based |
| Course hours | Full-time |
| Course start date | 5th September 2024 |
| Cost | £0.00 |
| Cost description | http://www.lawrencesheriffschool.net/sixth-form/bursary-information |
| Attendance pattern | Daytime |
Discover the learning experience and opportunities you can expect from this course.
Find out what qualifications and skills you will need for this course.
Subject specific entry requirements. None.
View the key features of this course.
Specific topics include: • 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.
Understand how the course will be delivered.
• Learn about a wide range of private and public sector organisations, the markets they serve and how they add value. • Investigate businesses from the perspective of a range of different stakeholder groups. • Undertake group work and independent study. • Develop literacy, numeracy, research and presentation skills. • Learn about the current structure of business and business practice.
Find out what material you will need.
Students will be expected to keep up-to-date with current affairs and read around the subject using journals, newspapers and textbooks.
Find out more about exams, assignments and assessments.
How the course is assessed. 100% examination.
This qualification 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 (through classroom discussion) and written communication.
It would be well-suited to students who have an interest in banking and finance, economics, business as well as
those who wish to understand how to make sensible financial decisions.
| Name | Lawrence Sheriff School |
|---|---|
| Address |
CLIFTON ROAD RUGBY CV21 3AG Find on Google maps |
| Phone | 01788 843749 |
| Website | http://www.lawrencesheriffschool.net/ |