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Nvq 1 Award Understanding Essential Finance approved (Ofqual listed) approved

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Nvq 1 Award Understanding Essential Finance approved (Ofqual listed) approved

The Nvq 1 Award Understanding Essential Finance is a recognized qualification approved by Ofqual, designed to provide a comprehensive understanding of essential financial concepts. This course covers topics such as budgeting, financial planning, and basic accounting principles. With a focus on practical skills and real-world applications, this qualification is ideal for individuals looking to enhance their financial literacy. #Nvq1 #Finance #Qualification

Enroll in the Nvq 1 Award Understanding Essential Finance course, an Ofqual listed program designed to provide you with a comprehensive understanding of essential financial concepts. This course covers topics such as budgeting, financial planning, and basic accounting principles. By completing this course, you will gain the necessary skills to effectively manage your personal finances or pursue a career in finance. Join now to enhance your financial literacy and make informed financial decisions. #Nvq1 #FinanceCourse #FinancialLiteracy #OfqualApproved


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  • 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 Title: NVQ 1 Award Understanding Essential Finance Module 1: Introduction to Finance - Overview of basic financial concepts - Importance of financial literacy - Understanding financial statements Module 2: Budgeting and Financial Planning - Creating a personal budget - Setting financial goals - Introduction to financial planning tools Module 3: Banking and Savings - Understanding different types of bank accounts - Importance of saving and investing - Tips for managing personal finances effectively Module 4: Credit and Debt Management - Understanding credit scores and reports - Managing debt responsibly - Strategies for improving credit health Module 5: Insurance and Risk Management - Overview of different types of insurance - Importance of risk management - Tips for choosing the right insurance coverage Module 6: Taxes and Tax Planning - Basics of taxation - Understanding tax deductions and credits - Tips for tax planning and compliance Module 7: Financial Decision Making - Evaluating financial options - Making informed financial decisions - Understanding the impact of financial choices Module 8: Financial Security and Future Planning - Importance of emergency funds - Introduction to retirement planning - Tips for long-term financial security By completing this course, students will gain a solid understanding of essential financial concepts and skills to make informed financial decisions for a secure future. #NVQ1 #FinanceCourse #FinancialLiteracy #Budgeting #CreditManagement #Insurance #TaxPlanning #FinancialSecurity

Fee Structure

The fee for the programme is as follows

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