Ofqual listed Level 1 Award in Understanding Essential Finance
This Level 1 Award in Understanding Essential Finance offers a dynamic learning experience that goes beyond theory. Through hands-on activities and real-world case studies, learners gain practical insights to navigate the fast-paced digital landscape. From budgeting to financial planning, this course equips individuals with the essential skills needed to succeed in today's economy. Whether you're a student looking to enhance your financial literacy or a professional seeking to upskill, this program provides a comprehensive foundation in finance. Join us and take the first step towards mastering the fundamentals of finance in a practical and engaging way.
Don't miss out on this opportunity to boost your financial knowledge!
This Level 1 Award in Understanding Essential Finance 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 lessons and real-world case studies, participants will develop practical skills that can be applied in both personal and professional settings. This course is ideal for individuals looking to enhance their financial literacy and make informed decisions regarding money management. Join us and take the first step towards mastering the fundamentals of finance. Enroll today and start your journey to financial empowerment.
Key topics covered include:
- Budgeting
- Financial planning
- Basic accounting principles
Course Details
• Introduction to finance
• Budgeting
• Financial statements
• Banking and savings
• Credit and debt
• Taxes
• Insurance
• Investment basics
• Financial planning
• 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 Ofqual listed Level 1 Award in Understanding Essential Finance provides a comprehensive foundation in financial concepts, making it a highly sought-after qualification by employers.
According to the Office for National Statistics, the average weekly earnings for full-time employees in the UK is £585, highlighting the importance of financial literacy in managing personal finances. Additionally, the Bureau of Labor Statistics projects a 10% growth in finance-related jobs over the next decade, indicating a strong demand for professionals with financial knowledge and skills.
The Level 1 Award in Understanding Essential Finance equips individuals with the necessary knowledge to make informed financial decisions, manage budgets effectively, and understand key financial principles. This qualification is not only relevant across various industries but also enhances employability and career progression opportunities.
Overall, the Ofqual listed Level 1 Award in Understanding Essential Finance is essential for individuals looking to thrive in today's competitive job market and meet the growing demand for financial literacy in the workforce.
| Statistic |
Percentage |
| Projected growth in finance-related jobs |
10% |
| Average weekly earnings in the UK |
£585 |
Who is this course for?
| Who is this course for? |
|
This course is designed for individuals who want to gain a better understanding of essential finance concepts. Whether you are a student looking to improve your financial literacy, a small business owner wanting to manage your finances more effectively, or someone interested in pursuing a career in finance, this course is for you.
|
Key Statistics:
- According to a survey by the Money Advice Service, only 38% of UK adults understand basic financial concepts.
- Research by the Association of Accounting Technicians found that 60% of small business owners struggle with financial management.
- The Financial Conduct Authority reported that 1 in 10 UK adults have low levels of financial capability.
|
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