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Financial Studies Level 3 Diploma at Barnhill Community High School

Course description

Financial Studies is a valued and useful Level 3 subject at Barnhill Community High School which teaches students how to manage their future finance needs. The Diploma in Financial Studies (DipFS) has been designed to inspire students to meet their lifestyle aspirations through applying appropriate solutions from the wide range available within the evolving financial services marketplace.

The DipFS enables students to make informed decisions regarding their finances and helps them to become responsible borrowers, sensible savers and financial planners. It focuses on personal financial forecasting and monitoring, personal financial responsibility, 'financial footprints', other people's financial choices and the longer-term impact and potential consequences of decision-making. In addition, the DipFS explores the financial services marketplace from the point of view of the provider and considers the methods that providers use in order to satisfy customer needs, wants and aspirations whilst operating competitively and profitably.

This course is a full Level 3 qualification, graded A* to E and is worth the same UCAS points as traditional GCE A level courses. It can therefore help students to gain entry to University and carries up to 70 UCAS points. 

Course content

Year 12 students will study the following units:

  • Unit 1 – Why Money Matters
  • Unit 2 – Risk and Reward in Personal Finance
  • Unit 3 – Making Personal Judgements

Year 13 students will study the following units:

  • Unit 4 – Financing the Future
  • Unit 5 – Financial Services from the Providers' Perspective
  • Unit 6 – Enhancing Financial Capability

Future opportunities

The skills and knowledge developed can be extended for Further or Higher Education study. The financially-related content of this qualification provides a foundation for continued study within finance and business-related disciplines, with many students going on to study subjects such as accounting, business, finance and banking at Higher Education Institutions or through further vocational training. The transferable skills developed are also valuable for further study in unrelated disciplines and the financial capability content and skills support students in making informed decisions about the value of personal, employment and study options and budgeting whilst studying.

How to apply

If you want to apply for this course, you will need to contact Barnhill Community High School directly.

Last updated date: 31 October 2017
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