What are the main features of this course?
Students are encouraged to become responsible borrowers, sensible savers and have an appreciation of the need for financial planning throughout their life.
The course prepares students for further study through the core skills of critical analysis and evaluation, synthesis, verbal communication (through classroom discussion) and written communication.
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.
Students gain the ability to plan and manage their financial needs, with focus on the importance of the need to budget for future aspirations and life events.
Hours of lessons per week: 5
Indicative group size: 20
How is the course assessed?
This course is assessed through two examinations one January and One in June. Each exam will have two parts, Section A will be multiple choice and Section B will be a pre seen case study. Re-sit opportunities are available for both parts and units.
Who should study this course?
For students who wish to develop a wider understanding of the socio-economic impacts of personal finance, the skills and knowledge developed in CeFS can be extended by taking two further units to complete the Diploma in Financial Studies. 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. The objective of CeFS is to enable students to make informed and confident decisions regarding their finances.
Where can I go next?
The financially related content of this qualification provides a foundation for continued study within the finance sector and a wide range of other business-related disciplines; many students go on to study subjects such as accounting, business, finance and banking at university or through further vocational training.
You will enjoy Financial Studies if you like business and maths but want to learn real life skills, I definitely feel prepared for a career after College!