What will I learn?
You will gain knowledge about the practical and legal constraints on the sources and uses of money, the methods of organising your 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.
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.
What grades will I need?
Four GCSEs at A* – D/3
Where will it lead me?
This subject is well suited to further qualifications in business, accounting, law and many others.
Career paths include:
- Management Accountant
- Charter Accountant
- Credit Controller
- Finance Manager