Edexcel Level 3 BTEC National Award in Personal and Business Finance
Qualification summary
This specification will serve the needs of a wide range of learners who are either employed or seeking employment in private, public or voluntary organisations in the Business and Finance sector. It will be particularly relevant to those working or interested in working in the financial services industry. The award provides underpinning knowledge and business skills and is equally suitable for full time learners or for learners already in the workplace, who want a short programme of study directly related to their work, or an area they wish to progress into. The award is equivalent to one A-level, and can provide a vocational element to full time study when combined with GCE(s) or Applied GCE(s)
Qualification details
VRQ - Vocationally-Related Qualification
Accreditation start date:
Operational start date in centres:
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.
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.
For further information on Wales, visit the
DCELLS website.
For further information on Northern Ireland, visit the
DELNI and
DENI websites.
The BTEC National Award in Personal and Business Finance offers progression from Level 2 qualifications - such as the BTEC First in Business. It provides learners with progression opportunities to higher education. Progression may be to foundation degrees, higher national diplomas or degrees at university or into employment in the financial services industry.
Accounting Technician
Accounts/Finance Clerk
Actuary
Administrative Assistant/Administrator
Advertising Account Executive
Advertising Account Planner
Arts Administrator
Auditor
Bank Manager
Bank/Building Society Customer Adviser
Bar Person/Manager
Betting Shop Cashier
Brand Manager
Building Society Manager
Business Adviser
Business Analyst
Care Home Manager
Catering/Restaurant Manager
Company Director
Company Secretary
Credit Analyst
Credit Manager
Debt Collector
Debt Counsellor
Economist
Insurance Broker
Insurance Business Development Manager
Insurance Claims Settler/Manager
Insurance Loss Adjuster
Insurance Surveyor
Insurance Technician
Insurance Underwriter
Investment Administrator
Investment Analyst
Investment/Merchant Banker
Local Government Estates Officer
Local Government External Funding Officer
Local Government Markets Officer
Local Government Revenues Officer
Police Financial Investigator
Stock Market Dealer/Trader
Stockbroker
Store Owner/Manager
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15 Business, Administration and Law
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15.1
Accounting and Finance
Coursework
Portfolio of Evidence
Internal verification: centres are required to have processes in place reviewing each assessor’s decisions to ensure that they are correctly interpreting and applying the standards set out in the specifications. The system used to do this is a matter for individual centres and Edexcel fully supports the use of the centre’s own quality assurance systems where this ensures robust internal standardisation. Centres will refer to the BTEC NQF Level 2/3 (including Short Courses at
Levels 1–3) Handbook (updated annually). This updated information will also be found on the Edexcel website/Services for centres/FE Colleges and Schools. External verification: Edexcel will sample assessors’ decisions using sector-specialist external verifiers. For BTEC Nationals this process will follow the National Standards Sampling (NSS) protocol. The learner work must have been internally assessed. Additionally, at least 50 per cent of submitted work must have been internally verified. Centres will refer to the BTEC NQF Level 2/3 (including Short Courses at Levels 1–3)(updated annually). This updated information will also be found on the Edexcel
website/Services for centres/FE Colleges and Schools.
All 4 core units are mandatory and learners must complete any 2 of the option units.
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A -
Core Units
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K/500/9777 - Business Financial Performance
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T/500/9779 - Financial Service Regulation, Ethics and Trends
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H/500/9776 - Financial Services for Individuals
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M/500/9778 - Financial Services to Support Business
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B -
Option Units