Qualification details

Cambridge ESOL Level 1 Certificate in ESOL International (Financial English)

Qualification summary

This qualification is known in the UK and overseas by the title Cambridge ESOL International Certificate in Financial English (ICFE) and as agreed with the QCA this title will also appear on certificates

The following rationale has been agreed with the QCA for qualifications in this group.

ESOL International qualifications are designed for candidates who are not native speakers of English and who wish to achieve a high quality, internationally recognised qualification in English that is available and recognised world-wide and, at the highest level (NQF level 3 / CEF C2), candidates who are preparing for entry to higher education or professional employment in the UK or elsewhere.

ESOL International Qualifications are designed to reference the descriptions of language proficiency in the Common European Framework Reference for Languages (CEF). The levels in the CEF have been mapped to the levels in the National Qualifications Framework for England Wales and Northern Ireland (see, “Pathways to Proficiency: the alignment of language proficiency scales for assessing competence in English Language” DFES / QCA, 2003).

Qualification details

500/4288/9
1
ESOL - English for Speakers of Other Languages
International
Accreditation start date:
01/07/2008
Operational start date in centres:
01/07/2008
Accreditation end date:
31/08/2012
Certification end date:
31/08/2014
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.
Afghanistan - Albania - Bosnia and Herzegovina - Botswana - Bouvet Island - Brazil - British Indian Ocean Territory - Brunei Darussalam - Bulgaria - Burkina Faso - Burundi - Cambodia - Cameroon - Canada - Cape Verde - Cayman Islands - Central African Republic - Chad - Chile - China - Christmas Island - Cocos (Keeling) Islands - Colombia - Comoros - Congo - Congo, the Democratic Republic of the - Cook Islands - Costa Rica - Cote d'Ivoire - Croatia - Cuba - Cyprus - Czech Republic - Denmark - Djibouti - Dominica - Dominican Republic - Ecuador - Egypt - El Salvador - Equatorial Guinea - Eritrea - Estonia - Ethiopia - Falkland Islands (Malvinas) - Faroe Islands - Fiji - Finland - France - French Guiana - French Polynesia - French Southern Territories - Gabon - Gambia - Georgia - Germany - Ghana - Gibraltar - Greece - Greenland - Grenada - Guadeloupe - Guam - Guatemala - Guernsey - Guinea - Guinea-Bissau - Guyana - Haiti - Heard Island and McDonald Islands - Holy See (Vatican City State) - Honduras - Hong Kong - Hungary - Iceland - India - Indonesia - Iran, Islamic Republic of - Iraq - Ireland - Isle of Man - Israel - Italy - Jamaica - Japan - Jersey - Jordan - Kazakhstan - Kenya - Kiribati - Korea, Democratic People's Republic of - Korea, Republic of - Kuwait - Kyrgyzstan - Lao People's Democratic Republic - Latvia - Lebanon - Lesotho - Liberia - Libyan Arab Jamahiriya - Liechtenstein - Lithuania - Luxembourg - Macao - Macedonia, The Former Yugoslav Republic of - Madagascar - Malawi - Malaysia - Maldives - Mali - Malta - Marshall Islands - Martinique - Mauritania - Mauritius - Mayotte - Mexico - Micronesia, Federated States of - Moldova, Republic of - Monaco - Mongolia - Montenegro - Montserrat - Morocco - Mozambique - Myanmar - Namibia - Nauru - Nepal - Netherlands - Netherlands Antilles - New Caledonia - New Zealand - Nicaragua - Niger - Nigeria - Niue - Norfolk Island - Northern Mariana Islands - Norway - Oman - Pakistan - Palau - Palestinian Territory, Occupied - Panama - Papua New Guinea - Paraguay - Peru - Philippines - Pitcairn - Poland - Portugal - Puerto Rico - Qatar - Reunion - Romania - Russian Federation - Rwanda - Saint Helena - Saint Kitts and Nevis - Saint Lucia - Saint Pierre and Miquelon - Saint Vincent and the Grenadines - Samoa - San Marino - Sao Tome and Principe - Saudi Arabia - Scotland - Senegal - Serbia - Seychelles - Sierra Leone - Singapore - Slovakia - Slovenia - Solomon Islands - Somalia - South Africa - South Georgia and the South Sandwich Islands - Spain - Sri Lanka - Sudan - Suriname - Svalbard and Jan Mayen - Swaziland - Sweden - Switzerland - Syrian Arab Republic - Taiwan, Province of China - Tajikistan - Tanzania, United Republic of - Thailand - Timor-Leste - Togo - Tokelau - Tonga - Trinidad and Tobago - Tunisia - Turkey - Turkmenistan - Turks and Caicos Islands - Tuvalu - Uganda - Ukraine - United Arab Emirates - United States - United States Minor Outlying Islands - Uruguay - Uzbekistan - Vanuatu - Venezuela - Viet Nam - Virgin Islands, British - Virgin Islands, U.S. - Wallis and Futuna - Western Sahara - Yemen - Zambia - Zimbabwe - Algeria - American Samoa - Andorra - Angola - Anguilla - Antarctica - Antigua and Barbuda - Argentina - Armenia - Aruba - Australia - Austria - Azerbaijan - Bahamas - Bahrain - Bangladesh - Barbados - Belarus - Belgium - Belize - Benin - Bermuda - Bhutan - Bolivia
English
The progression in financial English competence mirrors the development in linguistic competence demonstrated in other examinations designed for non-native speakers of English, such as the Cambridge ESOL Certificates in International ESOL. As such, it is therefore open to candidates to progress from the specifically financial context of ICFE to a demonstration of competence in a broader linguistic context through the different levels of the other Cambridge ESOL suite of English examinations for non-native speakers of English.

A candidate passing ICFE at B2 level will have proof of English language abilities at the level recognised by many institutions of higher and further education in the UK as suitable for foundation level and further education courses.
No specific job occupation
  • 12 Languages, Literature and Culture
    • 12.1  Languages, Literature and Culture of the British Isles
200
Pass/Merit
Aural Examination
Oral Examination
Written Examination
The four ICFE papers total 200 marks, after weighting. Each skill (Reading, Writing, Listening, Speaking) represents 25% of the total marks available. Grading takes place once all scripts have been returned to Cambridge ESOL and marking is complete.

The grade boundaries (the minimum score needed to achieve a grade) are set using the following information:

• statistics on the overall candidate performance
• statistics on individual items, for those parts of the examination for which this is appropriate (Reading and Listening)
• advice from senior marking personnel, based on the performance of candidates and recommendations of examiners, where this is relevant (Writing and Speaking)
• information on the candidature
• comparison with statistics from previous years’ examination performance and candidature, once these are available.

A candidate’s overall grade is based on the total score gained in all papers. It is not necessary to achieve a satisfactory level in each paper in order to pass the examination. Results are reported as three passing grades (C1 Pass with Merit, C1 Pass, and B2 Pass) and two failing grades (Narrow Fail and Fail). The percentage of marks needed to achieve each grade may vary slightly from session to session depending on the precise difficulty of the individual papers which make up the particular examination.
This is a single unit qualification.