Certificate in Financial Education
KS4 (Year 10 and Year 11)
KS4 pupils will be following the LIBF (London Institute for Banking & Finance) Certificate in Financial Education.
There are three main modules.
Unit 1 – Finance, the Individual and Society
In this unit, pupils will understand the role of the citizen in the UK, the values held by citizens, and the impact they have on personal finance.
The unit will also provide pupils with an understanding of the contribution of an individual to the economy of a country and the impact of external factors on personal financial plans.
Unit 2 – Practices of Managing Money
In this unit, pupils will understand the concept of financial planning and personal financial budgets.
The unit will also provide pupils with an understanding of the impact on both the individual and society of spending and borrowing.
Unit 3 – Financial Capability, Work and Enterprise
This unit has been designed to provide pupils with an understanding of how businesses manage money and the relationship between personal money management and business money management.
The unit will also provide knowledge on the inter-relationship between the individual and business.