Certificate in Financial Studies

Financial Studies at Key Stage 5

Exam board: IFS School of Finance

Why study Financial Studies?

This Ifs School of Finance Level 3 award is equivalent to an AS level and worth 20 to 60 UCAS points.
This course enables you to leave college much better prepared to understand and deal with the financial difficulties that are bound to come theirway in the years to come.
The course is all about helping young people to take responsibility for their own financial affairs and not rely on others. The content is extremely useful and relevant to you.
The course is in addition to your main courses and will require some self supported study as well as taught lessons. There should be enough flexibility around yourmain courses to allow you success in this vital area.

What will you study?

Unit 1:Why Money Matters
Unit 2: Risk and Reward
Unit 3: Making Personal Financial Judgements

Method of assessment

Units 1 and 2 are examined bymulti-choice online examinations in December and February.

Unit 3 is examined with a written examination using a case study in May.

You must pass Units 1 & 2 before you can be entered for Unit 3.June.

Future prospects

This course enhances your financial awareness and knowledge so that you become much more confident in making
judgements about your own financial circumstances. The CeFS course has been found to reinforce students’ intention to consider pursuing a career in the financial sector as well as going on for further study.
Therewill be the possibility of progressing on to the Diploma in Financial Studies (the A2 level equivalent) on successful completion of the Certificate.