Essential Finance Qualification: Level 1 Award

Overview

Embark on a transformative learning journey with the Level 1 Award in Understanding Essential Finance Qualification (RQF). This dynamic course offers interactive teaching methods, real-world case studies, and practical insights tailored for the fast-paced digital landscape of today. Dive into the world of finance through engaging activities and discussions, gaining valuable skills and knowledge to navigate financial challenges with confidence. Explore key concepts such as budgeting, financial planning, and investment strategies, all while honing your analytical abilities. Whether you're a beginner or looking to enhance your financial literacy, this qualification equips you with the tools needed to succeed in the ever-evolving financial world.

Course units

• Introduction to Finance
• Financial Statements
• Budgeting and Forecasting
• Cash Flow Management
• Financial Analysis
• Risk Management
• Investment Basics
• Taxation Fundamentals
• Personal Finance
• Ethical Considerations in Finance

Entry requirements

Open Entry No formal qualification is required

Fee and payment plans

Duration
The programme is available in two duration modes:
- 6 Months
- 9 Months

Course fee
The fee for the programme is as follows:
6 Months - Fee: GBP £1499
9 Months - Fee: GBP £1199

Payment plans
The programme offers following fee payment plans:
● Payment option (a): GBP £499 x 3 monthly instalments
● Payment option (b): GBP £1425 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
● Payment option (c): GBP £239 x 5 monthly instalments
● Payment option (d): GBP £599 x 2 quarterly instalments
● Payment option (e): GBP £1140 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)

Accreditation

SAGE Qualifications

Enrol now

1. Complete the online enrolment form and pay the enrolment fee of GBP £20.

2. Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.

Enrol Now

Career roles

Finance Assistant

Accounts Payable Clerk

Bookkeeper

Financial Analyst

Financial Administrator

Payroll Administrator

Key facts

The Level 1 Award in Understanding Essential Finance Qualification (RQF) provides learners with a foundational understanding of key financial concepts and principles. Key learning outcomes include: ● Understanding the importance of managing personal finances ● Recognizing different types of financial products and services ● Exploring basic financial calculations and budgeting techniques ● Identifying common financial risks and ways to mitigate them This qualification is relevant to a wide range of industries, as financial literacy is essential in both personal and professional settings. Individuals working in finance, accounting, business, or any field that involves financial decision-making can benefit from this course. Distinct features of the Level 1 Award in Understanding Essential Finance Qualification (RQF) include its practical focus on real-world financial scenarios and its accessibility to learners at all levels of financial knowledge. By completing this qualification, individuals can enhance their financial literacy and make more informed financial decisions in their personal and professional lives.

Why this course?

The Level 1 Award in Understanding Essential Finance Qualification (RQF) is a crucial certification for individuals looking to enter the finance industry. This qualification provides a solid foundation in financial principles, terminology, and practices, making it an essential stepping stone for those pursuing a career in finance. In the UK, the demand for finance professionals is on the rise. According to the Office for National Statistics, the finance and insurance industry is one of the fastest-growing sectors in the UK, with a projected growth rate of 5% over the next decade. This growth is fueled by the increasing complexity of financial markets and the need for skilled professionals to navigate them. The importance of the Level 1 Award in Understanding Essential Finance Qualification (RQF) is further underscored by the Bureau of Labor Statistics, which projects a 10% growth in finance-related jobs in the US over the next decade. This highlights the global demand for finance professionals and the need for individuals with a strong understanding of essential finance principles. Overall, the Level 1 Award in Understanding Essential Finance Qualification (RQF) is a valuable certification that can open doors to a wide range of opportunities in the finance industry. By obtaining this qualification, individuals can enhance their knowledge, skills, and employability in this rapidly growing sector.

Industry	Projected Growth Rate
Finance and Insurance	5%

Level 1 Award in Understanding Essential Finance Qualification (RQF)