Financial Studies

Course summary

The Financial Studies course has been designed to provide students with a challenging qualification covering the core disciplines of financial capability. Learners are encouraged to become responsible borrowers, sensible savers, and develop an appreciation of the need for financial planning throughout their life. The key content areas are: Importance of financial capability for immediate, short-term, medium-term and long-term financial needs. Financial services and products, including sources of help and advice. Borrowing, budgeting, financial planning, and cash flow. The impact of external influences at different stages in the personal life cycle. Risk and reward in managing personal finance.