Financial Studies

Course summary

This Level 3 Diploma is the equivalent to to one A Level qualification. The course equips students with expertise in financial planning, budgeting, and ethical considerations. Students explore the impact of financial decisions on individuals, businesses, and society, as well as the legislation and regulation shaping the financial sector. Course Details Year 1 Unit 1 - Financial Capability for the Immediate and Short Term. Focuses on understanding immediate financial needs, cash flow management, and the use of different financial products to handle short-term obligations. Unit 2 - Financial Capability for the Medium and Long Term. Emphasises budgeting and planning for future financial goals, while assessing risks and rewards in personal financial decisions. Year 2 Unit 3 - Sustainability of an Individual’s Finances: This unit covers financial sustainability for individuals, highlighting the importance of adapting to external financial factors and managing debt and unforeseen events. Unit 4 - Sustainability of the Financial Services System: Examines the competitive landscape of financial services providers, exploring strategies for sustainability and approaches to meet diverse consumer needs through marketing and product development.