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

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

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 approved course covers topics such as budgeting, saving, and managing debt, making it ideal for those looking to improve their financial literacy. With a focus on practical skills and real-world applications, this qualification is perfect for beginners in finance. #EssentialFinance #FinancialLiteracy #Ofqual #RQFLevel1

Looking to enhance your understanding of essential finance? Enroll in the Rqf 1 Award in Understanding Essential Finance, an Ofqual listed and approved qualification. This course covers key financial concepts, including budgeting, financial planning, and managing money effectively. Gain valuable skills to make informed financial decisions and improve your financial literacy. With a focus on practical applications, this course is perfect for individuals looking to boost their financial knowledge. Take the first step towards financial empowerment and enroll today! #finance #financialliteracy #budgeting #financialplanning #moneymanagement


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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: Managing Personal Finances - Setting financial goals - Creating a personal budget - Saving and investing strategies Module 3: Understanding Credit and Debt - Types of credit - Managing debt effectively - Credit scores and reports Module 4: Introduction to Banking - Different types of bank accounts - Online banking and mobile apps - Banking services and fees Module 5: Introduction to Insurance - Types of insurance (e.g., health, auto, home) - Understanding insurance policies - Importance of insurance coverage Module 6: Introduction to Taxes - Basics of taxation - Filing tax returns - Understanding deductions and credits Module 7: Financial Planning for the Future - Retirement planning - Estate planning - Setting up an emergency fund By completing the RQF 1 Award in Understanding Essential Finance, you will gain essential knowledge and skills to effectively manage your personal finances and make informed financial decisions. Start your journey to financial literacy today! #FinanceCourse #FinancialLiteracy #PersonalFinance #RQF1Award #EssentialFinance #OfqualQualification

Fee Structure

The fee for the programme is as follows

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