Finance

Awarding Body:  The London Institute of Banking and Finance

ttps://www.libf.ac.uk/study/financial-capability/qualifications/cefs—certificate-in-financial-studies

What will you be learning?

This course has been designed to encourage individuals to be inspired to meet their lifetime aspirations. This will be achieved by teaching them to apply the appropriate solution(s) from the wide range available within the evolving financial services marketplace.

The qualification will enable students to make informed and confident decisions regarding their finances. It will help students to become responsible borrowers, sensible savers and have an appreciation of the need for financial planning throughout their life.

 

Entry requirements

GCSE English Language grade 5, but a good Level 4 will be considered favourably.

 

What will you be working towards?

Qualification:              Level 3 Certificate (carrying up to 28 UCAS Points)

Awarding Body:          The London Institute of Banking and Finance

 

How is the course examined or assessed?

The course consists of 2 units:

  • Unit 1 – Financial Capability for the Immediate and Short Term 
  • Unit 2 – Financial Capability for the Medium and Long Term

 Each unit is assessed in 2 parts:
Part A: Multiple choice e-test – 35 questions
Part B: Written paper – 5 essay responses to pre-release cast study.
The pass mark for each part of each unit is 40%.

 

What happens when you have finished?

This qualification should prove beneficial for any student looking to pursue a career in finance. It carries UCAS points, recognised by many universities but, most importantly, it provides essential life skills for students preparing to enter university or the workplace.