This qualification will focus on developing financial sector-specific knowledge and relevant technical and digital skills. The financial services sector, like many other sectors, needs suitably skilled employees to drive their organisations forward, to have ideas and initiatives to instigate growth, and to ensure their businesses survive in this fast-changing world. Financial services providers bare a key part of the UK’s global economic status.
This qualification will enable students to use appropriate tools to manage a personal budget and apply these concepts to a business enterprise. Students will apply the concept of financial planning and make informed financial decisions to enhance financial literacy. Also, students will demonstrate numeracy skills, including the ability to manipulate financial and other numerical data such as calculating the costs of borrowing and spending.
The Level 2 Certificate in Finance course is made up of three units. Unit 1 – Finance for the individual – 30% Internal assessment, Unit 2 – Finance in Business – 30% Internal assessment and Unit 3 – Financial Services Sector – 40% External assessment.
| Year 10 | Year 11 | |
|---|---|---|
| Half Term 1 | Budgeting to Achieve Financial goals The Fundamentals of Banking | Unit 2 Recap Non-Exam Assessment – Case Study |
| Half Term 2 | Personal Life Cycle and Inheritance Taxation, National Insurance and HMRC | Financial Careers Regulatory bodies |
| Half Term 3 | Case Study – Introduction Case Study – Review/ Improvements | Consumer protection Sustainability |
| Half Term 4 | Ethical and Sustainable Businesses Impact of External Factors on Businesses | Technological changes Cyber security and data protection |
| Half Term 5 | Impact of External Factors on Businesses International Trade and Foreign Exchange
| Banking crisis Recession |
| Half Term 6 | How a Business Contributes to the Economy Business Taxation | Exam |
Year 10
Half Term 1
Budgeting to Achieve Financial goals
The Fundamentals of Banking
Half Term 2
Personal Life Cycle and Inheritance
Taxation, National Insurance and HMRC
Half Term 3
Case Study – Introduction
Case Study – Review/ Improvements
Half Term 4
Ethical and Sustainable Businesses
Impact of External Factors on Businesses
Half Term 5
Impact of External Factors on Businesses
International Trade and Foreign Exchange
Half Term 6
How a Business Contributes to the Economy
Business Taxation
Year 11
Half Term 1
Unit 2 Recap
Non-Exam Assessment – Case Study
Half Term 2
Financial Careers
Regulatory bodies
Half Term 3
Consumer protection
Sustainability
Half Term 4
Technological changes
Cyber security and data protection
Half Term 5
Banking crisis
Recession
Half Term 6
Exam