Qualification details for IFS Level 2 Intermediate Certificate in Personal Finance - National Database of Accredited Qualifications

IFS Level 2 Intermediate Certificate in Personal Finance

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Qualification summary

The Intermediate Certificate in Personal Finance has been designed for people who are , or shortly will be, starting on a period when they can no longer depend on others for their financial provision. Students will learn about the legal and practical constraints on the sources and uses of money; the methods of organising money through detailed personal budgeting; the considered use of appropriate bank and building society accounts and the concept and consequences of foreign exchange. They will achieve this by learning about the various legal sources of money including earned income, inheritance, selling and borrowing; banking including saving, borrowing and automated banking tools; and the causes of exchange rate fluctuations.

Qualification details

Qualification reference number

100/5821/7

Awarding body

IFS - IFS School of Finance

Qualification level

Qualification type

VRQ - Vocationally-Related Qualification

Qualification dates

Accreditation start date:

01/12/2005

Operational start date in centres:

Accreditation end date:

31/12/2010

Certification end date:

31/12/2012

Qualification offered in and the approved age ranges

For information on the approval of qualifications for funding in England, Wales and Northern Ireland, see the links to DCSF, DIUS, DCELLS, DELNI and DENI below.

When undertaking a qualification that does not appear on the governments' lists as eligible for funding for specific age ranges, users must be aware of legal requirements. Not all qualifications are suitable for all age ranges.

DCSF/DIUS

For further information on 14-19 qualifications offered in England, please refer to the DCSF Section 96 website.

For further information on 19+ qualifications offered in England, please refer to the DIUS Section 97 website.

DCELLS

For further information on Wales, visit the DCELLS website.

DELNI/DENI

For further information on Northern Ireland, visit the DELNI and DENI websites.

Languages Offered In

English

Progression

Although it can stand as a qualification in its own right, the qualification will also provide access to the level 3 Certificate in Financial Studies and, should a student wish to pursue their learning in this area, the Diploma in Financial Studies. The Certificate and Diploma in Financial Studies carry UCAS Tarriff points and would therefore contribute towards a learner's entry to Higher Education should this be their aim.