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Lessons at Andover College

Financial Studies – Level 3 Certificate/Diploma

Qualification

Level 3

Fees

N/A

Type of study

School Leavers

Dates

  • 09/09/2019 - 25/06/2021 ()

Interview?

Yes

Duration

1 - 2 Years

The qualification in Financial Studies is a comprehensive introduction to personal finance. Topics covered provide an understanding of financial services available to consumers and the factors that must be considered when deciding on such things as loans, mortgages, pensions and life insurance. As well as providing valuable life-skills, the course also develops skills of critical analysis and evaluation, synthesis and written communication. 

Five GCSEs at grade 9–4, including Maths and English Language.  BTEC Level 2 qualifications considered in subject related courses. 

 

Do you know the difference between a current account and a store card? Do you need to learn how to budget for a holiday? How will an individuals finance needs change through their life? Does everyone pay income tax and national insurance? What is a mortgage? How does a car loan work?  

The qualification in Financial Studies is a comprehensive introduction to personal finance. As well as providing valuable life-skills, the course also develops skills of critical analysis and evaluation, synthesis and written communication.  

Key content areas  

  • Financial services and products, including where to get help and advice 
  • Borrowing, budgeting, financial planning and cash flow 
  • Risk and reward in managing your personal finance 
  • Financial services system and financial sustainability 

 

Key skills developed  

The qualification will encourage students to:  

  • Analyse financial information 
  • Understand financial concepts and terminology 
  • Demonstrate numeracy skills including the ability to manipulate financial and other numerical data 
  • Structure and communicate ideas logically and coherently 
  • Increase their ability to work and learn independently 

 

Coursework and final assessment. 

 

In the current, dynamic financial climate, students are required by employers and universities to possess the right blend of technical and academic skills. These desirable skills enable students to become highly skilled, work-ready individuals with a bright future in any financial or business environment or setting, such as an apprenticeship, Higher Education or into employment 

Enrolled students have access to the e-learning facilities provided by LiBF, which fully support the course with online games, quizzes and theory.

You will be taught in our Andover Sixth building and will have access to many different facilities, including: 2 study centres, a Library, A canteen and the Careers Hub.

 

Opportunities to visit the Banking district of London and have a guided tour of Bank of England and the London Institute of Banking and Finance