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Rqf 1 Award in Understanding Essential Finance approved (Ofqual listed) approved

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Rqf 1 Award in Understanding Essential Finance approved (Ofqual listed) approved

The RQF Level 1 Award in Understanding Essential Finance is an Ofqual listed qualification designed to provide individuals with a foundational understanding of key financial concepts. This course covers topics such as budgeting, saving, and managing debt, making it ideal for those looking to improve their financial literacy. With its practical approach and industry recognition, this award is a valuable asset for anyone seeking to enhance their financial knowledge. #finance #financialliteracy #education

Looking to enhance your financial literacy? Enroll in the Rqf 1 Award in Understanding Essential Finance course, approved by Ofqual and listed on their registry. This comprehensive program covers essential financial concepts, including budgeting, saving, investing, and more. Perfect for beginners looking to build a strong foundation in finance. Boost your knowledge and skills with this accredited course. #finance #financialliteracy #Ofqual #budgeting #investing


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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: RQF 1 Award in Understanding Essential Finance Module 1: Introduction to Finance - Overview of basic financial concepts - Importance of financial literacy - Understanding income, expenses, and budgeting Module 2: Banking and Savings - Different types of bank accounts - How to choose the right bank for your needs - Importance of saving and tips for effective saving Module 3: Credit and Debt Management - Understanding credit scores and reports - How to manage debt responsibly - Strategies for improving credit and reducing debt Module 4: Insurance and Risk Management - Types of insurance (e.g., health, auto, home) - Importance of insurance in financial planning - How to assess and manage financial risks Module 5: Investment Basics - Introduction to different investment options (e.g., stocks, bonds, mutual funds) - Risk vs. return in investing - Tips for building a diversified investment portfolio Module 6: Financial Planning and Goal Setting - Setting SMART financial goals - Creating a budget to achieve financial goals - Importance of regular financial check-ins and adjustments By completing the RQF 1 Award in Understanding Essential Finance, you will gain a solid foundation in financial literacy and be better equipped to make informed financial decisions for your future. #FinanceCourse #FinancialLiteracy #MoneyManagement #InvestingTips

Fee Structure

The fee for the programme is as follows

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