Financial Studies
Entry Requirements
Grade 5 in English and Maths and if you studied a Business or Finance course in KS4 you should have a grade 6 / Merit to demonstrate you have an aptitude for the subject.
About This Course
This course helps students develop practical life skills to be able to make sound financial decisions as they enter adulthood. Finance is not maths and this subject is useful wherever your destination takes you after sixth form. This course requires students to develop their ability by acquiring a range of core skills of independent thinking, critical analysis and evaluation, verbal and written communication.
Course Content & Assessment
The LIBF (London Institute of Banking & Finance) Diploma in Financial Studies is equivalent in size to one A Level and comprises of 4 units each of which is externally assessed via two examinations including a multiple choice paper and a written paper including a case study and essay style questions. Topics include areas such as payment methods, borrowing, saving, providers, budgets/financial planning, consumer protection, debt, tax, earnings and ethics. Grades available range from A* to E (same as for an A Level).
What could this course lead to?
The Financial Studies Diploma from LIBF is a 2-year qualification, with students completing the Certificate in Financial Studies in Year 12 equivalent to an AS Level and continuing to complete the Diploma in Financial Studies during Year 13. UCAS points are the same as for an A Level. The Diploma would, when combined with additional qualifications, be an ideal foundation for higher education courses such as: BSc (Hons) in Business Management, BA (Hons) in Business Studies, BA (Hons) in Marketing, BSc (Hons) in Finance, BSc (Hons) in Accounting and many other business or finance related higher education qualifications. For students who choose to move straight into employment, the Diploma in Financial Studies could lead to careers in areas such as in Insurance, Finance, Banking, Marketing and Office Administration, or in the voluntary sector such as with Citizens Advice.
