Nvq Level 1 Award Understanding Essential Finance qualification approved
This NVQ 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 provides a comprehensive understanding of essential financial concepts. Through interactive modules and engaging activities, students will gain valuable skills that can be applied in various professional settings. Whether you are looking to enhance your financial literacy or pursue a career in finance, this qualification offers a solid foundation for success. Join us and embark on a journey towards financial proficiency and excellence.
This Nvq Level 1 Award in Understanding Essential Finance provides a comprehensive introduction to key financial concepts and practices. Students will gain a solid foundation in budgeting, financial planning, and basic accounting principles. Through interactive learning activities and real-world case studies, participants will develop practical skills that can be applied in both personal and professional settings. This qualification is ideal for individuals looking to enhance their financial literacy and improve their decision-making abilities. Join us and take the first step towards mastering the fundamentals of finance. Enroll now to unlock a world of financial knowledge and opportunities.
Course Details
• Introduction to finance
• Basic financial calculations
• Budgeting and forecasting
• Understanding financial statements
• Cash flow management
• Financial risk management
• Financial regulations and compliance
• Introduction to taxation
• Personal finance management
• Financial decision-making
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 principles is crucial for individuals looking to excel in various industries. The NVQ Level 1 Award in Understanding Essential Finance qualification is approved and highly sought after by employers due to its practical and relevant curriculum.
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 navigate financial concepts, manage budgets, and make informed decisions in a business setting.
The table below highlights the importance of this qualification in the industry:
| Statistic | Value |
|-----------------------------------------------|------------|
| Projected growth in finance sector | 5% |
| Average salary for finance professionals | £40,000 |
| Number of job openings in finance sector | 10,000 |
By obtaining the NVQ Level 1 Award in Understanding Essential Finance, individuals can enhance their employability and advance their careers in the dynamic field of finance.
Who is this course for?
| Who is this course for? |
| This course is designed for individuals who are looking to gain a basic understanding of essential finance principles. Whether you are a student, a recent graduate, or someone looking to enhance their financial literacy, this qualification can provide you with the necessary knowledge and skills to navigate the world of finance. |
| According to a survey conducted by the Money Advice Service, only 38% of UK adults feel confident managing their money, highlighting the need for financial education. This course aims to bridge that gap by equipping learners with the fundamental concepts of finance. |
| Additionally, research from the Office for National Statistics shows that 11.5 million people in the UK have less than £100 in savings, emphasizing the importance of financial planning and budgeting. By enrolling in this course, you can learn how to effectively manage your finances and secure your financial future. |
Career path
| Finance Assistant |
Accounts Clerk |
| Bookkeeper |
Payroll Administrator |
| Financial Services Administrator |
Finance Officer |
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