LIBF Level 2 Award in Financial Education (AiFE)
The Level 2 Award in Financial Education is accredited by the London Institute of Banking and Finance.
This qualification provides our students with the skills and knowledge to manage their money well and make sound financial decisions.
This course also aids our students to develop a range of valuable transferable skills, a foundation for study in Business and Finance as well as many other fields of work.
- Public Finance and the economy, including how these relate to:
- Social, political and cultural factors
- Political institutions and processes
- Impacts on individuals, businesses and society
- Financial Management, including:
- Personal financial planning
- Budgeting and financial management tools for managing money
- Spending and borrowing
- Develop and understanding of the key content areas and how they relate to each other
- Identify, understand and use information from a range of sources
- Use appropriate tools to manage a personal budget and apply these concepts to enterprise
- Apply the concept of financial planning and make informed financial decisions
- Demonstrate numeracy skills including the ability to manipulate financial and other numerical data
- Communicate ideas and arguments clearly in writing
Year 11 students are entered for this award. Year 10 students may also be able to access this dependent on length of stay.
London Institute of Banking and Finance
Level 1 Financial Education Award (LiFA)
This award runs via an e-learning programme supported by teachers in its delivery. The course has been developed to that young people are confident and competent in financial experiences. This award offers young people a good basic understanding of money and finance.
This qualification provides our YP with the opportunity to continue studying within Finance and Business related qualifications. It will also help prepare our students understanding and skills for most job roles, particularly in the finance sector.
- To understand the principles of money
- To understand how to manage money
- To understand the ways of keeping money safe
- Develop an understanding of the key content areas and how they relate to each other
- Use appropriate tools to manage a personal budget
- Make informed financial decisions
- Demonstrate numeracy skills, including the ability to manipulate financial and other numerical data (such as calculating the costs of borrowing and spending)
- Communicate basic financial concepts
- Increase your ability to learn independently