Finance / Accounting (General)

Course summary

The Diploma in Financial Studies is an Applied General qualification, for students aged 16 - 19. It provides an in-depth exploration of the concepts of financial capability and how to apply them. Within DipFS, students explore the political, economic, social, technological, ethical and legal impacts of personal finance in the short, medium and longer terms. Through this, a greater understanding of the impact that global events can have upon consumers and the wider financial services industry is developed. DipFS, therefore, enhances the ability to make informed financial decisions through effective planning to manage the risks and challenges involved in personal finance. The DipFS qualification will complement a wide range of other subjects at the post-16 level. What will you study? ● Importance of financial capability in the immediate, short, medium and long term. ● The impact of external influences at different stages in the personal life cycle. ● Risk and reward in managing personal finance. ● Personal and external factors that lead to change. ● Maintaining financial sustainability and avoiding long-term debt. ● The financial services system.