Assessment mode Assignments or Quiz
Tutor support available
International Students can apply Students from over 90 countries
Flexible study Study anytime, from anywhere

Overview

Embark on a transformative journey with our Level 1 Award in Understanding Essential Finance Qualification (RQF). This course equips learners with fundamental financial knowledge, covering topics like budgeting, financial planning, and basic accounting principles. Through real-world case studies and practical exercises, students gain actionable insights to navigate the complexities of finance in today's digital landscape. Whether you're a beginner or looking to enhance your skills, this qualification provides a solid foundation for personal and professional growth. Join us and unlock the power of financial literacy to thrive in an ever-evolving world.

Unlock the world of finance with our Level 1 Award in Understanding Essential Finance Qualification (RQF). This comprehensive program provides a solid foundation in financial concepts, terminology, and principles. Perfect for beginners, this course covers topics such as budgeting, financial planning, and basic investment strategies. Gain essential skills to manage personal finances effectively and make informed financial decisions. Whether you're looking to enhance your career prospects or simply improve your financial literacy, this qualification is a valuable asset. Join us and embark on a journey towards financial empowerment and success. Enroll now and take the first step towards financial proficiency!

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Course structure

• Introduction to finance
• Budgeting
• Financial statements
• Cash flow
• Financial planning
• Financial risks
• Financial regulations
• Financial products
• Financial services
• Financial decision-making

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: GBP £1200

9 months: GBP £800

* The fee is payable in monthly, quarterly, half yearly instalments.

** You can avail 5% discount if you pay the full fee upfront in 1 instalment

This programme does not have any additional costs.

Payment plans

Fast-track: 6 months

● Payment option (a): GBP £400 x 3 monthly instalments
● Payment option (b): GBP £1140 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
   Total fee: GBP £1200

Standard mode: 9 months

● Payment option (c): GBP £160 x 5 monthly instalments
● Payment option (d): GBP £400 x 2 quarterly instalments
● Payment option (e): GBP £760 x 1 instalment (We offer 5% bursary on total fee for students opting to pay in full)
   Total fee: GBP £800

Level 1 Award in Understanding Essential Finance Qualification (RQF)

● The Level 1 Award in Understanding Essential Finance Qualification (RQF) is designed to provide learners with a foundational understanding of key financial concepts and principles.
● This course aims to equip individuals with the necessary knowledge and skills to navigate the world of finance confidently.
● By completing this qualification, learners will be able to understand basic financial terminology, interpret financial statements, and grasp fundamental financial calculations.
● The Level 1 Award in Understanding Essential Finance Qualification (RQF) is highly relevant across various industries, as financial literacy is essential for making informed decisions in both personal and professional settings.
● This course is ideal for individuals looking to enhance their financial literacy, whether they are new to the field of finance or seeking to refresh their knowledge.
● The unique feature of this qualification is its practical approach to learning, with real-world examples and case studies that help learners apply their knowledge in practical scenarios.
● Upon successful completion of the Level 1 Award in Understanding Essential Finance Qualification (RQF), learners will have a solid foundation in finance that can serve as a stepping stone for further studies or career advancement in the financial sector.
● Overall, this course provides a comprehensive introduction to essential finance concepts, making it a valuable asset for individuals looking to improve their financial literacy and understanding.

The Level 1 Award in Understanding Essential Finance Qualification (RQF) is essential for individuals looking to gain a foundational understanding of finance principles. This qualification provides learners with the basic knowledge and skills needed to manage personal finances effectively, make informed financial decisions, and understand key financial concepts. Industry demand for this course is on the rise, with a growing number of employers seeking candidates with financial literacy skills. According to the Office for National Statistics, the finance and insurance sector in the UK is projected to grow by 5% over the next decade, creating a demand for professionals with a solid understanding of finance. | Industry | Projected Growth | |----------|------------------| | Finance and Insurance | 5% | By obtaining the Level 1 Award in Understanding Essential Finance Qualification (RQF), individuals can enhance their employability and advance their career prospects in the finance industry.

Career path

Career Roles Key Responsibilities
Finance Assistant Assisting with financial record keeping and processing transactions.
Accounts Payable Clerk Managing and processing payments to suppliers.
Billing Coordinator Generating and sending out invoices to customers.
Financial Analyst Analyzing financial data and preparing reports for management.
Payroll Administrator Processing employee payroll and ensuring compliance with regulations.