Level 1 Award in Understanding Essential Finance approved qualification
This Level 1 Award in Understanding Essential Finance is a dynamic qualification that immerses learners in hands-on learning experiences, real-world case studies, and practical insights. Designed to equip individuals for the ever-evolving digital landscape, this course offers a comprehensive understanding of essential financial concepts. Through interactive modules and engaging activities, participants will gain valuable skills that can be applied in various professional settings. Whether you are looking to enhance your financial literacy or advance your career, this qualification provides a solid foundation for success. Join us on this exciting journey towards financial proficiency and unlock new opportunities in the digital age.
This Level 1 Award in Understanding Essential Finance course provides a comprehensive introduction to key financial concepts and principles. Students will gain a solid foundation in budgeting, financial planning, and basic accounting practices. Through interactive lectures and practical exercises, participants will develop essential skills for managing personal and professional finances effectively. This qualification is ideal for individuals looking to enhance their financial literacy and make informed decisions in today's complex financial landscape. Join us and take the first step towards mastering the fundamentals of finance.
Key topics covered include:
- Budgeting and financial planning
- Basic accounting principles
- Financial decision-making
Course Details
• Introduction to Finance
• Budgeting and Forecasting
• Financial Statements
• Cash Flow Management
• Financial Analysis
• Risk Management
• Investment Basics
• Taxation
• Financial Regulations
• Ethical Considerations in Finance
Fee Structure
The fee for the programme is as follows
Course fee
The fee for the programme is as follows:
Why this course?
In today's competitive job market, having a solid understanding of essential finance is crucial for individuals looking to excel in various industries. The Level 1 Award in Understanding Essential Finance approved qualification provides a strong foundation in financial principles, making candidates more attractive to employers and increasing their chances of career advancement.
According to the Office for National Statistics, the finance and insurance sector in the UK is projected to grow by 5% over the next decade, creating a demand for skilled professionals with financial knowledge. This qualification equips individuals with the necessary skills to thrive in this growing industry and stand out among other job applicants.
The following table illustrates the importance of this qualification in the finance sector:
| Job Growth Projection | 5% |
|-----------------------|-----|
| Average Salary | £35,000 |
| Qualification Cost | £500 |
| Potential Earnings Increase with Qualification | £5,000+ |
By obtaining the Level 1 Award in Understanding Essential Finance, individuals can enhance their career prospects and potentially increase their earnings in the finance industry.
Who is this course for?
| Who is this course for? |
This course is designed for individuals who want to gain a solid understanding of essential finance principles. Whether you are a recent graduate looking to enhance your financial literacy or a professional seeking to improve your financial management skills, this qualification is perfect for you.
Key demographics:
- Recent graduates entering the workforce
- Professionals in non-finance roles
- Small business owners and entrepreneurs
- Individuals looking to improve personal finance skills
Why choose this course?
- Gain essential finance knowledge in a structured and accessible format
- Enhance your career prospects with a recognized qualification
- Improve your financial decision-making skills
- Learn from industry experts with real-world experience
Relevant statistics:
- In the UK, 40% of adults struggle with basic financial calculations (Money Advice Service)
- Only 38% of UK adults have a good understanding of financial products and services (Financial Conduct Authority)
- Small businesses account for 99.9% of all private sector businesses in the UK (Department for Business, Energy & Industrial Strategy)
- Personal debt in the UK reached £1.7 trillion in 2020 (The Money Charity)
|
Career path
| Financial Analyst |
Accounting Clerk |
Budget Analyst |
| Finance Assistant |
Financial Administrator |
Bookkeeper |
How to apply?
Complete the online enrolment form and Pay enrolment fee of GBP £12.
Wait for our email with course start dates and fee payment plans. Your course starts once you pay the course fee.
Apply Now