Accessibility links

Financial Capability and Careers Development (CeFCCD) Level 2 Certificate at The London Institute of Banking & Finance

Course description

The Certificate in Financial Capability and Careers Development (CeFCCD) is a level 2 qualification that has been designed for people who are, or who will shortly be, reaching a life stage when they no longer depend on others for their financial provision.


Students taking this qualification will gain knowledge about the practical and legal constraints on the sources and uses of money, the methods of organising their money through personal budgeting, the considered use of appropriate bank and building society accounts and the concepts and consequences of overspending or payment default.

The qualification also provides a valuable insight into a range of career opportunities within the financial services sector, gives guidance on methods for enhancing individual employability skills.


Course content

CeFCCD consists of four mandatory units. It is recommended that students spend 180 learning hours of which 132 should be guided learning hours.


Unit 1 – Personal Financial Encounters (PFE)

PFE aims increase students' understanding of the sources of money and the importance of budgetary control, enabling them to make informed decisions about their finances.


Unit 2 - Money Management Solutions (MMS)

The aim of MMS is to develop students' understanding of the banking systems available to them. This will enable them to make informed choices about their bank accounts and spending decisions.


Unit 3 - Personal Finance Management (PFM)

The aim of PFM is to increase students' understanding of personal finance, taking into account affordability, choice and protection.


Unit 4 - Careers in Finance (CIF)

CIF aims to provide students with an understanding of the careers available in financial services and the key entry routes, providing them with ways of enhancing their employability.


Total Qualification Time (TQT) is a prediction of the total time the typical student may need to complete the course. TQT consists of two elements, Guided Learning Hours (GLH) and all other hours. The CeFCCD(601/3723/X) has a TQT of 180 and is split between GLH of 132 and other hours of 48.

Entry requirements

Although there are no specified entry requirements, the level of achievement required to obtain CeFCCD is at Level 2 on the RQF. Applicants need to be satisfied of their ability to study, in English, at this level.


All four units can be assessed by paper based examination or by the LIBF e-test electronic testing system.

Unit 1 is assessed by a single 30-minute objective test that consists of 30 questions.

Unit 2 is assessed by a single 30 minute objective test that comprises 20 questions.
Unit 3 is assessed by a single 30 minute objective test that comprises 20 questions.
Unit 4 is assessed by a single 30 minute objective test that comprises 20 questions. 

Financial information

CeFCCD costs £36 per student which includes registration, examination, student study materials and teaching aids and support

Future opportunities

Once completed, students will be in a good position to study the LIBF Level 3 Certificate in Financial Studies (CeFS) or the LIBF Level 3 Diploma in Financial Studies (DipFS).

CeFS has been designed to encourage students to be inspired to meet their lifestyle aspirations and teaches students to become responsible borrowers, sensible savers and have an appreciation of the need for financial planning throughout their lives.

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.


How to apply

If you want to apply for this course, you will need to contact The London Institute of Banking & Finance directly.

Last updated date: 01 February 2017
Provider logo

Key information