Financial Education Level 2 Certificate at Hampstead School
- UNIT 1: Finance, the Individual and Society
You will understand the role & values of the citizen in the UK and the impact they have on the economy of a country, and the impact of external factors on personal financial plans.
- UNIT 2: Practices of Managing Money
You will gain an understanding of the concept of money management and financial planning, as well as develop your knowledge and skills of different financial products and how to carry out effective personal financial budgeting. The unit will also provide an understanding of how spending and borrowing impacts both the individual and society
- UNIT 3 Financial Capability, Work and Enterprise
This unit will provide you with an understanding of how businesses manage money and the relationship between personal and business money management. You will also learn about the relationship between the consumers and business, and understand the enterprise skills needed to be successful.
4 D grades at GCSE level or 3 D grades at GCSE level and one Merit grade or above from a BTEC course
Unit 1 is assessed by a single 35-minute objective test that compromises 35 questions: 20 stand-alone multiple-choice questions (MCQ’s) and five sets of stimulus material each with three associated questions.
Unit 2 is assessed by a single 35-minute objective test that compromises 35 questions: 15 stand-alone multiple-choice questions and five sets of stimulus material each with four associated questions.
Unit 3 is assessed by a pre-release case study requiring written responses to five questions.
This course is an invaluable foundation for any future path in employment or further education. The LIBF exam board is an industry recognised qualification provider for the Financial Services sector in the UK. You can go onto study for the L3 Certificate and Diploma in Financial Studies (essentially a “practical economics” subject with full A level UCAS points), which will support any Business or Finance path of on-going education or work, as well as complement any other area of study. Success in this course, along with any additional entry requirements, would also support entry onto A Level Economics or other vocational business or enterprise related courses, as well as count towards general entry for alternative subjects at level 3.
How to apply
If you want to apply for this course, you will need to contact Hampstead School directly.