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

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

The Nvq 1 Award Understanding Essential Finance is an Ofqual listed qualification that provides a comprehensive understanding of finance basics. This course covers essential financial concepts, including budgeting, saving, and managing money effectively. Ideal for beginners looking to enhance their financial literacy, this qualification is designed to equip individuals with the knowledge and skills needed to make informed financial decisions. #Nvq1 #FinanceQualification #FinancialLiteracy

Enroll in the NVQ 1 Award Understanding Essential Finance course, an Ofqual listed qualification designed to provide you with a solid foundation in financial principles. This approved qualification covers key topics such as budgeting, financial planning, and basic accounting, equipping you with the essential skills needed to succeed in the world of finance. Whether you are looking to kickstart your career in finance or simply enhance your financial literacy, this course is perfect for you. Gain a competitive edge in the job market and boost your confidence in managing personal finances. Sign up today and take the first step towards a brighter financial future! #NVQ1 #EssentialFinance #FinancialLiteracy #OfqualApproved #FinanceCourse


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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 Essential Finance - Overview of basic financial concepts - Importance of financial literacy - Understanding financial terminology Module 2: Budgeting and Financial Planning - Creating a personal budget - Setting financial goals - Developing a financial plan Module 3: Managing Income and Expenses - Understanding sources of income - Tracking expenses - Strategies for reducing expenses Module 4: Banking and Savings - Types of bank accounts - Importance of saving - Tips for effective saving Module 5: Credit and Debt Management - Understanding credit - Managing debt - Strategies for improving credit score Module 6: Insurance and Risk Management - Types of insurance - Importance of insurance - Managing financial risks Module 7: Investment Basics - Introduction to investments - Types of investments - Risk and return in investments Module 8: Financial Decision Making - Making informed financial decisions - Evaluating financial options - Setting financial priorities By completing this course, you will gain a solid understanding of essential finance concepts and skills to effectively manage your personal finances. Enroll now to enhance your financial literacy and secure your financial future! #NVQ1 #EssentialFinance #FinancialLiteracy #PersonalFinance #Budgeting #Investments #CreditManagement #DebtManagement #Insurance #FinancialPlanning

Fee Structure

The fee for the programme is as follows

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