Foundation Level
Back

Level 1 Award in Understanding Essential Finance Qualification (RQF) qualification

Enter the business world equipped with industry experience and current employability skills for a successful career.

Prepare for success

Kickstart your career with a professional development program

Start studying online now

Get freedom and flexibility to succeed

Pursue your passion

Approved and regulated - recognised worldwide

Level 1 Award in Understanding Essential Finance Qualification (RQF) qualification

The Level 1 Award in Understanding Essential Finance Qualification (RQF) is designed to provide individuals with a foundational understanding of key financial concepts. This qualification covers topics such as budgeting, financial planning, and basic accounting principles. By completing this course, learners will gain valuable skills that can be applied in both personal and professional settings. #finance #qualification #essentialfinance

The Level 1 Award in Understanding Essential Finance Qualification (RQF) is a comprehensive course designed to provide individuals with a solid foundation in essential financial concepts. This qualification covers topics such as budgeting, financial planning, and basic accounting principles, making it ideal for beginners looking to enhance their financial literacy. By completing this course, students will gain a better understanding of how to manage their personal finances effectively and make informed financial decisions. Whether you are looking to improve your financial skills for personal or professional reasons, this qualification is a valuable asset. Enroll in the Level 1 Award in Understanding Essential Finance Qualification (RQF) today and take the first step towards financial empowerment. #finance #financialliteracy #budgeting #accounting #financialplanning #qualification


Apply Now
  • Course code: L1AIUEF-ST
  • Credits:
  • Diploma
  • Foundation Level
Key facts
100% Online: Study online with the UK’s leading online course provider.
Global programme: Study anytime, anywhere using your laptop, phone or a tablet.
Study material: Comprehensive study material and e-library support available at no additional cost.
Payment plans: Interest free monthly, quarterly and half yearly payment plans available for all courses.
Duration
6 Months
9 Months
Assessment
The assessment is done via submission of assignment. There are no written exams.

Course Details

Course Details: Module 1: Introduction to Essential Finance - Understanding the basics of finance terminology - Exploring the importance of financial management - Identifying key financial documents and their significance Module 2: Budgeting and Financial Planning - Creating a personal or business budget - Learning how to set financial goals and objectives - Exploring different financial planning strategies Module 3: Managing Cash Flow - Understanding the concept of cash flow - Analyzing cash flow statements - Implementing strategies to improve cash flow Module 4: Introduction to Financial Statements - Exploring the components of financial statements - Analyzing balance sheets, income statements, and cash flow statements - Interpreting financial data to make informed decisions Module 5: Introduction to Taxation - Understanding the basics of taxation - Exploring different types of taxes - Learning how to calculate and file taxes Module 6: Introduction to Investment - Understanding the concept of investment - Exploring different investment options - Learning how to assess risk and return on investments Module 7: Introduction to Risk Management - Identifying different types of financial risks - Implementing risk management strategies - Understanding the importance of insurance in risk management Module 8: Introduction to Financial Regulations - Exploring the regulatory framework of finance - Understanding the role of regulatory bodies - Learning how to comply with financial regulations Conclusion: The Level 1 Award in Understanding Essential Finance Qualification (RQF) course provides a comprehensive introduction to essential finance concepts, including budgeting, cash flow management, financial statements, taxation, investment, risk management, and financial regulations. By completing this qualification, you will gain the knowledge and skills needed to make informed financial decisions and manage your finances effectively. #EssentialFinance #FinancialLiteracy #FinanceQualification

Fee Structure

The fee for the programme is as follows

  • 6 Months - GBP £1399
  • 9 Months - GBP £1099