What will I learn?
The Certificate in Personal Finance is a Level 2 course provided by the Institute of Financial Services (IFS) as part of their suite of Financial Capability qualifications. The Certificate in Personal Finance (CPF2) has been designed for people who are, or who will shortly be, reaching a life stage when they may no longer want to depend on others for their financial provision.
Students will gain knowledge about the practical and legal constraints on the sources and uses of money, the methods of organising their money through personal budgeting, the considered use of appropriate bank and building society accounts and the concepts and consequences of overspending or payment default.
- Unit 1 - Personal Finance
- Unit 2 - Money Management
- Unit 3 - Personal Financial Management
What skills do I need?
- Independent learning
- A willingness to investigate and research
- Basic IT skills
How is the course graded?
The course is assessed using 30 minute multiple choice on-line tests. Resits are available throughout the course.
What is next for me after this course?
Financial literacy is an important life skill. When moving into further education, employment or training understanding how to effectively manage your money is a vital skill valued by many. This course is relevant to all further qualifications and every job available.