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) course. Dive into key topics such as financial terminology, budgeting, and financial planning to gain a solid foundation in essential finance principles. This course equips learners with actionable insights to navigate the complexities of the digital landscape, empowering them to make informed financial decisions. Whether you are a beginner or looking to enhance your financial literacy, this course provides a comprehensive understanding of finance essentials. Join us and unlock the potential to manage your finances effectively in today's dynamic 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. Enroll now to kickstart your journey towards financial empowerment and success!

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Course structure

• Introduction to finance
• Budgeting
• Saving and investing
• Borrowing and debt
• Financial products and services
• Financial planning
• Understanding credit scores
• Managing financial risk
• Financial regulations
• Ethical considerations in finance

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

The Level 1 Award in Understanding Essential Finance Qualification (RQF) is a foundational course designed to provide individuals with a comprehensive understanding of essential financial concepts.

Key learning outcomes of this qualification include gaining knowledge of basic financial terminology, understanding the principles of budgeting and financial planning, and developing skills in interpreting financial statements.

This course is highly relevant to a wide range of industries, as financial literacy is essential in both personal and professional settings. Whether you are looking to enhance your own financial management skills or seeking to improve your employability in finance-related roles, this qualification can provide you with the necessary knowledge and expertise.

One of the unique features of the Level 1 Award in Understanding Essential Finance Qualification (RQF) is its practical approach to learning. Through real-world case studies and interactive exercises, students are able to apply their knowledge in a hands-on manner, ensuring that they are well-prepared to tackle financial challenges in the real world.

Overall, this qualification serves as a solid foundation for further studies in finance and can open up a variety of career opportunities in the financial sector. Whether you are a beginner looking to kickstart your financial education or a professional seeking to enhance your skills, the Level 1 Award in Understanding Essential Finance Qualification (RQF) is a valuable asset to have in your toolkit.

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, make informed financial decisions, and understand key financial concepts. Industry Demand for the Level 1 Award in Understanding Essential Finance Qualification (RQF):
Statistic Industry Demand
According to the Office for National Statistics (ONS) Jobs in finance and insurance sector are projected to grow by 5% over the next decade.
With the finance sector in the UK experiencing steady growth, there is an increasing demand for individuals with a basic understanding of finance. The Level 1 Award in Understanding Essential Finance Qualification (RQF) can help individuals enhance their employability and pursue career opportunities in various financial roles.

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 and vendors.
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 accurate payments.