Level 2 – Award in Introduction to Personal Finance (RFQ)

Course

Online

£ 300 VAT inc.

Description

  • Type

    Course

  • Methodology

    Online

Our innovative Introduction to Personal Finance course contains everything that you wanted to know about finance from budgeting to payday loans.

Our course is split into a series of short high-impact videos, support documents that all tackle different elements of personal finance. The Level 2 course will help you to improve your finances by managing your money and organising your hard earned cash to work better for you.

About this course

The range of units contained in this qualification allow you to learn, develop and practise the financial skills required for life, without requiring or proving occupational competence. This qualification could also prove invaluable toward your own personal and career development.

This qualification has been developed for the widest range of learners possible: young people, students and adults, those who are entering further or higher education or pre-employment, recently unemployed or between jobs. It has been designed to meet the needs of learners who wish to gain a knowledge and understanding of the principles of saving and borrowing money, sources of income and expenditure, the need to manage income and expenditure, financial products and services, different forms of pay, how to budget and the use of credit.

This qualification does not require you to have any prior qualifications or levels of prior learning.

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Subjects

  • Finance
  • Financial
  • Financial Risk
  • Financing Services
  • Financial Training
  • Financial Accounting
  • Financial Management
  • Finance Economics
  • Budgeting
  • Investment
  • Investment Funds
  • Personal Finance

Course programme

Learning Outcomes

  1. Describe the advantages of saving and borrowing money
  2. Describe the financial costs of short/long term borrowing
  3. Explain the situation which allows access to state benefits
  4. Explain the need for a contingency fund
  5. Compare the risks and rewards involved in shares and other types of investments
  6. Describe the problems that may arise if expenditure is greater than income
  7. Identify the types of products and services provided by banks and building societies
  8. Explain the meaning of the different numbers shown on a play slip
  9. Describe the potential problems of using credit

Level 2 – Award in Introduction to Personal Finance (RFQ)

£ 300 VAT inc.