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Qualification details

IFS Level 1 Foundation Certificate in Personal Finance

Qualification summary

The Foundation Certificate in Personal Finance has been designed to equip learners with knowledge and skills to be able to cope confidently and effectively with the basic financial encounters they are likely to meet.

They will learn what influences how we spend or save money and how to become competent in managing their own money. Learners will gain knowledge about money and its different forms, sources of money and how people use and manage money.

Qualification details

100/5820/5
IFS - IFS School of Finance
1
VRQ - Vocationally-Related Qualification
Accreditation start date:
01/12/2005
Operational start date in centres:
Accreditation end date:
31/12/2010
Certification end date:
31/12/2011
England
Pre 16, 16-18, 18+, 19+
Wales
Pre 16, 16-18, 18+, 19+
N.Ireland
Pre 16, 16-18, 18+, 19+
Approval start date:
19/12/2005
Approval end date:
31/12/2010
English
The Foundation Certificate in Personal Finance will stand as a cohesive qualification in its own right. For students interested furthering their studies in this area of learning they can proceed into the Level 2 Intermediate Certificate in Personal Finance which is offered by the ifs School of Finance and from there into the Level 3 Certificate and Diploma in Financial Studies which carry UCAS tarriff ratings and can therefore count towards entry into Higher Education.
No specific job occupation
  • 15 Business, Administration and Law
    • 15.1  Accounting and Finance
60
Pass/Merit/Distinction
E-assessment
Multiple Choice Examination
Qualification externally assessed by means of a 30 minute objective test comprising 30 items for each of the units.
Performance Measures
Learners must complete all units.